Amazon’s Acquisition of iRobot Faces EU Antitrust Investigation, Sources Say

Amazon’s Acquisition of iRobot Faces EU Antitrust Investigation, Sources Say

ByNews Polite

Amazon’s $1.7 billion (roughly Rs. 13,500 crore) acquisition of robot vacuum cleaner maker iRobot faces a full-scale EU antitrust investigation, people familiar with the matter said, weeks after the US online retail giant won UK approval for the deal. Amazon announced the takeover in August last year to expand its…

European Commission Says Companies Deploying AI Tools Like ChatGPT, Bard Should Label Content

European Commission Says Companies Deploying AI Tools Like ChatGPT, Bard Should Label Content

ByNews Polite

Companies deploying generative AI tools such as ChatGPT and Bard with the potential to generate disinformation should label such content as part of their efforts to combat fake news, European Commission deputy head Vera Jourova said on Monday. Unveiled late last year, Microsoft-backed OpenAI‘s ChatGPT has become the fastest-growing consumer…

Airbnb, Rivals to Share Bookings Data With Authorities Under Proposed EU Rules, European Commission Says

Airbnb, Rivals to Share Bookings Data With Authorities Under Proposed EU Rules, European Commission Says

ByNews Polite

Airbnb and other short-term home rental companies will have to share data on the number of people using their platforms under proposed EU rules, the European Commission said on Monday, in a light-touch approach to regulating this sector. The EU executive’s proposal comes as popular tourist destinations such as Paris,…