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Search resuls for: "Cardell"


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☆ UK's competition boss: We do not want a hostile environment for tech
  + stars: | 2023-05-16 | by ( ) www.reuters.com   time to read: +1 min
LONDON, May 16 (Reuters) - The head of Britain's anti-trust regulator said it was not seeking to create a "hostile environment" for tech companies with its decision to block Microsoft's $69 billion acquisition of Activision Blizzard. Cardell added that the CMA had engaged widely with companies across the sector. "I don't find that we are operating sort of, broadly speaking, in a hostile environment," she added. The U.S. Federal Trade Commission has also filed a complaint to block the deal, which Microsoft has indicated it will fight. Reporting by Sarah Young and Paul Sandle; Editing by Kate HoltonOur Standards: The Thomson Reuters Trust Principles.
☆ Regulators are starting to investigate how to deal with the rapid rise of consumer AI like ChatGPT
  + stars: | 2023-05-05 | by ( Sawdah Bhaimiya | ) www.businessinsider.com   time to read: +3 min
Regulators are starting to investigate how to deal with the rapid rise of consumer AI like ChatGPT. The UK's competition watchdog is reviewing how to make AI accessible but safe to use. US vice president Kamila Harris met with top AI firms on Thursday to discuss safety around AI. The UK government is calling for an investigation into the rapid rise of consumer AI like ChatGPT to create guidance around how to protect and support consumers, businesses, and the economy. Twitter CEO Elon Musk, AI experts, and leaders in the industry including Steve Wozniak and Stability AI CEO Emad Mostaque signed an open letter requesting a pause on the development of AI more powerful than OpenAI's GPT4 as worries mount about the dangers it poses.
☆ UK competition regulator launches review of AI models
  + stars: | 2023-05-04 | by ( ) www.reuters.com   time to read: 1 min
LONDON, May 4 (Reuters) - Britain's competition regulator launched an initial review of artificial intelligence models on Thursday, saying it will look into competition and consumer protection considerations in the development and use of AI foundation models. "It’s crucial that the potential benefits of this transformative technology are readily accessible to UK businesses and consumers while people remain protected from issues like false or misleading information," Competition and Markets Authority CEO Sarah Cardell said in a statement. Reporting by Muvija M; Editing by Kate HoltonOur Standards: The Thomson Reuters Trust Principles.
☆ UK reviews AI models as rapid growth fuels safety concerns
  + stars: | 2023-05-04 | by ( Paul Sandle | ) www.reuters.com   time to read: +3 min
Governments around the world are now trying to find a balance whereby they can assess and rein in some of the potential negative consequences of AI without stifling innovation. Britain in March opted to split regulatory responsibility for AI between those bodies that oversee human rights, health and safety, and competition, rather than creating a new body dedicated to the technology. CMA CEO Sarah Cardell said in a statement that AI had burst into the public consciousness and was developing at speed. The review in Britain echoes investigations taking place around the world, from Beijing to Brussels and Washington. Italy, a G7 member, took ChatGPT offline last month to investigate its potential breach of personal data rules.
☆ Britain launches probe into ChatGPT-style A.I. as regulators grow concerned by risks
  + stars: | 2023-05-04 | by ( Ryan Browne | ) www.cnbc.com   time to read: +3 min
LONDON — The U.K. competition regulator launched an investigation into the artificial intelligence industry, seeking to examine potential competition and consumer concerns as U.S. tech giants Microsoft and Google square off over the technology. The probe will focus on "foundation models" like large language models and generative AI, such as those being developed by Microsoft-backed firm OpenAI. Large language models are AI systems trained on huge amounts of data to understand human language and come up with humanlike responses to user inputs. However, they have also caused alarm for regulators who are concerned by the rapid pace at which AI systems are being developed and what this means for the labor market. The announcement by the CMA follows a request by the government to regulators to review how principles like safety, transparency and accountability are being incorporated into AI systems.
☆ UK watchdog defends Microsoft block in face of onslaught from companies
  + stars: | 2023-04-27 | by ( ) www.reuters.com   time to read: +2 min
The Competition and Markets Authority (CMA) blocked the deal on Wednesday, saying it could hit competition in the nascent cloud gaming market. Microsoft's president Brad Smith said the decision "had shaken confidence in the UK tech industry" and was "probably the darkest day in our four decades in Britain". "There's a clear message here - the European Union is a more attractive place to start a business than the United Kingdom," he added. "That's important for UK consumers and UK business and it's those UK consumers and UK businesses that the CMA is here to protect," she told BBC radio. She said Britain had not acted alone, noting that the U.S. Federal Trade Commission was also suing to block the deal.
☆ UK begins investigation into Apple, Google's mobile browser dominance
  + stars: | 2022-11-22 | by ( ) www.reuters.com   time to read: +1 min
Nov 22 (Reuters) - Britain's competition watchdog has launched an in-depth investigation into the market dominance of Apple (AAPL.O) and Google's (GOOGL.O) mobile browsers, months after the regulator began considering a probe. "Many UK businesses and web developers tell us they feel that they are being held back by restrictions set by Apple and Google," said Sarah Cardell, interim chief executive of the CMA, in a statement. In response to the CMA's June plans, Google had said it would continue to work with the watchdog. Apple said on Tuesday it would "constructively" engage with the CMA to explain how its approach "promotes competition and choice, while ensuring consumers' privacy and security are protected." Reporting by Pushkala Aripaka in Bengaluru and Paul Sandle in London; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
☆ UK to investigate Apple and Google's 'stranglehold' over browsing
  + stars: | 2022-11-22 | by ( Ashley Capoot | ) www.cnbc.com   time to read: +1 min
The U.K.'s Competition and Markets Authority launched an investigation Tuesday into Apple and Google 's control of the mobile browser market. The authority will explore the companies' "stranglehold" over browsing, as well as Apple's control over cloud gaming through the App Store, it said in a release. The agency said Google and Apple powered 97% of all web browsing that took place in the U.K. in 2021. "Many U.K. businesses and web developers tell us they feel that they are being held back by restrictions set by Apple and Google," she said. It also enables developers to choose the browser engine they want, and has been the launchpad for millions of apps.
☆ UK investigating Apple, Google mobile browser dominance
  + stars: | 2022-11-22 | by ( Paul Sandle Pushkala Aripaka | Paul Sandle | Pushkala Aripaka | ) www.reuters.com   time to read: +2 min
Google said its Android mobile operating system gave users a greater choice of apps and app stores than any other mobile platform. "It also enables developers to choose the browser engine they want, and has been the launchpad for millions of apps," a spokesperson said. "We're committed to building thriving, open platforms that empower consumers and help developers build successful businesses." Apple said it would "constructively" engage with the CMA to explain how its approach "promotes competition and choice, while ensuring consumers' privacy and security are protected." U.S. tech giants, including Google's owner Alphabet and Apple, are drawing increasing attention from competition regulators in Brussels, London and elsewhere.
☆ Fast-fashion brands Boohoo and Pretty Little Thing are getting slammed for greenwashing after critics call sustainability claims misleading
  + stars: | 2022-09-17 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +3 min
Boohoo is one of several fast fashion brands under investigation for sustainability practices. 'The most sustainable thing they can do is just cease operations altogether,' one critic said. Pretty Little Thing also faced greenwashing accusations of its own after announcing its "Pretty Little Thing Marketplace" feature in August. He continued: "The most sustainable thing they can do is just cease operations altogether." Boohoo and PLT aren't the only fast fashion brands getting called out for their attempts to go green.
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