The U.S. innovates and the EU regulates, or so certain transatlantic punters love to harp. We’re not going to get embroiled in that noise here, but two things are clear: The bloc’s Single Market has its own particular set of rules, and quite a lot of U.S. tech giants have run afoul of European Union competition regulations over the past several decades. Make of that what you will.
Texas Attorney General Ken Paxton late on Thursday said he is suing online gaming platform Roblox over child safety concerns, accusing the company of “deceiving parents about the dangers of its platform.” Source link
OpenAI execs have been fielding plenty of questions about how they expect to pay for the $1.4 trillion worth of data center build-outs and usage commitments they’ve accrued this year, given that their revenue — while rising rapidly — is a $20 billion annual run rate, CEO Sam Altman said Thursday in a post on X. Source link
After Zohran Mamdani clinched the New York City mayoral race on Tuesday night, his campaign announced former FTC chair Lina Khan as one of the transition team’s four co-chairs. Source link
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