by AIP Online Bureau | Oct 9, 2024 | International News, Regulation, Technology
The European Union’s Court of Justice upheld a lower court’s decision, rejecting the company’s appeal against the 2.4 billion Euro ($ 2.7 billion) penalty from the European Commission, the 27-nation bloc’s top antitrust enforcer Google lost its...
by AIP Online Bureau | Sep 30, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
The inquiry was opened five years ago after Meta notified Ireland’s Data Protection Commission (DPC) that it had stored some passwords in “plaintext.” Meta publicly acknowledged the incident at the time and the DPC said the passwords were not made available to...
by AIP Online Bureau | Sep 16, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
Ireland’s Data Protection Commission (DPC), the lead EU regulator for most of the top U.S. internet firms due to the location of their EU operations in Ireland, said the probe concerned the Alphabet Inc unit’s Pathways Language Model 2 (PaLM 2) The top EU privacy...
by AIP Online Bureau | Jul 10, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation
The European Securities and Markets Authority acknowledged that complying with the new European Sustainability Reporting Standards creates “challenges” for companies, and the first reports, due next year for the largest firms, will constitute a “milestone in the...
by AIP Online Bureau | May 30, 2024 | International News, Regulation, Reinsurance, Risk Management
The G-7 price cap on Russian crude oil and petroleum products bans western shipowners, insurers and intermediaries from providing vessels and services for cargoes priced above the thresholds. The restrictions prompted a pivot away from western insurance and a need for...
