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Probe Agency Restores Properties Worth Rs 55.85 Crore In Era Infra Fraud Case
The Directorate of Enforcement (ED) has restored assets valued at Rs 55.85 crore to the Successful Resolution Applicant in the case of Era Infra Engineering Limited.
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Maharashtra To Establish Social Security Laws For 'Gig Workers'
Maharashtra Labour Minister Akash Fundkar said 'gig workers' or those who work for online 'platforms' or companies such as Zomato need social security, and the state government will come up with a law for them.
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Will The EU Delay Enforcing Its AI Act?
With less than a month to go before parts of the European Union's AI Act come into force, companies are calling for a pause in the provisions and getting support from some politicians. European companies have urged the AI act to be delayed by years.
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SBI To Report Anil Ambani To RBI, Classify RCom Account As Fraud
The State Bank of India (SBI) has decided to report the loan account of Reliance Communications as "fraud" in a case dating back to August 2015, the company said in an exchange filing.
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US Supreme Court Upholds Texas Age-Check For Porn Sites
The US Supreme Courtupheld a Texas law requiring pornographic websites to verify visitors' ages, rejecting arguments that this violates free speech and boosting efforts to protect children from online sexual content.
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Anthropic Wins Key US Ruling on AI Training in Authors' Copyright Lawsuit
Anthropic's use of books without permission to train its AI system was legal under US copyright law, a federal judge in San Francisco ruled late on Monday. The company told the court that it made fair use of the books and that US copyright law "not only allows, but encourages" its AI training because it promotes human creativity.
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UAE Man Who Never Worked A Day Wins Rs 26 Lakh In Salary Dispute
An employee in Abu Dhabi has won a lawsuit and been awarded approximately Rs 26 lakh in unpaid wages from a company that offered him a job but never allowed him to start working.
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Abu Dhabi Company Ordered To Pay Rs 26 Lakh To Employee Who Never Joined Work
A company in Abu Dhabi has been ordered to pay AED 110,400 (approximately Rs 26 lakh) as "unpaid wages" to an employee who received an offer letter but was never permitted to assume his role.
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Professional Switched From Law To AI Using ChatGPT And Landed His Dream Job
Santiago Barraza Lopez, a legal professional, leveraged AI to navigate a career transition and land his dream job in the AI sector.
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"Resign By 2PM Or You're Fired": Freshers' Shocking Experience Sparks Online Outrage
The incident has sparked a heated discussion, with many users criticizing the company's behavior as unethical.
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OpenAI Executives Said to Be Weighing Antitrust Accusation Against Microsoft
OpenAI executives have reportedly considered accusing Microsoft of anticompetitive behavior in their partnership. OpenAI's effort could involve seeking a federal regulatory review of the terms of its contract with Microsoft for potential violations of antitrust law, as well as a public campaign.
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Brazil's Top Court Votes to Hold Social Media Platforms Accountable for User Posts
Brazil's Supreme Court ruled Wednesday that social media firms are responsible for certain user-posted content in the country. This could result in fines against social media companies in Brazil. The decision could impact the business of platforms including Meta's Facebook and Instagram, as well as TikTok, Elon Musk's X and other internet giants, s...
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US Senators Seek Details on Meta's Stablecoin Plans as GENIUS Act Stands Close to Approval
US senators Elizabeth Warren and Richard Blumenthal have asked Meta CEO Mark Zuckerberg to clarify whether the company intends to launch its stablecoin. The letter to Meta, dated June 11, follows a recent Fortune report that claimed the company is exploring stablecoins to facilitate cost-effective cross-border payouts.
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Japan Enacts Law Obliging Big Firms To Join Carbon Trading By 2026
Japan's parliament enacted a law on Wednesday obliging hundreds of major companies to participate in a carbon emission trading system as part of its efforts to achieve the country's climate goals.
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UK Government Updates Crypto Reporting Guidelines, Mandates Collection of Crypto Transaction Data
The UK government has instructed crypto firms to collect user details including transaction data under the Crypto Asset Reporting Framework (CARF). The UK officials have said that crypto companies found in violation of these laws can invite penalties of up to GBP 300 (roughly Rs. 35,000).
-
Probe Agency Restores Properties Worth Rs 55.85 Crore In Era Infra Fraud Case
The Directorate of Enforcement (ED) has restored assets valued at Rs 55.85 crore to the Successful Resolution Applicant in the case of Era Infra Engineering Limited.
-
Maharashtra To Establish Social Security Laws For 'Gig Workers'
Maharashtra Labour Minister Akash Fundkar said 'gig workers' or those who work for online 'platforms' or companies such as Zomato need social security, and the state government will come up with a law for them.
-
Will The EU Delay Enforcing Its AI Act?
With less than a month to go before parts of the European Union's AI Act come into force, companies are calling for a pause in the provisions and getting support from some politicians. European companies have urged the AI act to be delayed by years.
-
SBI To Report Anil Ambani To RBI, Classify RCom Account As Fraud
The State Bank of India (SBI) has decided to report the loan account of Reliance Communications as "fraud" in a case dating back to August 2015, the company said in an exchange filing.
-
US Supreme Court Upholds Texas Age-Check For Porn Sites
The US Supreme Courtupheld a Texas law requiring pornographic websites to verify visitors' ages, rejecting arguments that this violates free speech and boosting efforts to protect children from online sexual content.
-
Anthropic Wins Key US Ruling on AI Training in Authors' Copyright Lawsuit
Anthropic's use of books without permission to train its AI system was legal under US copyright law, a federal judge in San Francisco ruled late on Monday. The company told the court that it made fair use of the books and that US copyright law "not only allows, but encourages" its AI training because it promotes human creativity.
-
UAE Man Who Never Worked A Day Wins Rs 26 Lakh In Salary Dispute
An employee in Abu Dhabi has won a lawsuit and been awarded approximately Rs 26 lakh in unpaid wages from a company that offered him a job but never allowed him to start working.
-
Abu Dhabi Company Ordered To Pay Rs 26 Lakh To Employee Who Never Joined Work
A company in Abu Dhabi has been ordered to pay AED 110,400 (approximately Rs 26 lakh) as "unpaid wages" to an employee who received an offer letter but was never permitted to assume his role.
-
Professional Switched From Law To AI Using ChatGPT And Landed His Dream Job
Santiago Barraza Lopez, a legal professional, leveraged AI to navigate a career transition and land his dream job in the AI sector.
-
"Resign By 2PM Or You're Fired": Freshers' Shocking Experience Sparks Online Outrage
The incident has sparked a heated discussion, with many users criticizing the company's behavior as unethical.
-
OpenAI Executives Said to Be Weighing Antitrust Accusation Against Microsoft
OpenAI executives have reportedly considered accusing Microsoft of anticompetitive behavior in their partnership. OpenAI's effort could involve seeking a federal regulatory review of the terms of its contract with Microsoft for potential violations of antitrust law, as well as a public campaign.
-
Brazil's Top Court Votes to Hold Social Media Platforms Accountable for User Posts
Brazil's Supreme Court ruled Wednesday that social media firms are responsible for certain user-posted content in the country. This could result in fines against social media companies in Brazil. The decision could impact the business of platforms including Meta's Facebook and Instagram, as well as TikTok, Elon Musk's X and other internet giants, s...
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US Senators Seek Details on Meta's Stablecoin Plans as GENIUS Act Stands Close to Approval
US senators Elizabeth Warren and Richard Blumenthal have asked Meta CEO Mark Zuckerberg to clarify whether the company intends to launch its stablecoin. The letter to Meta, dated June 11, follows a recent Fortune report that claimed the company is exploring stablecoins to facilitate cost-effective cross-border payouts.
-
Japan Enacts Law Obliging Big Firms To Join Carbon Trading By 2026
Japan's parliament enacted a law on Wednesday obliging hundreds of major companies to participate in a carbon emission trading system as part of its efforts to achieve the country's climate goals.
-
UK Government Updates Crypto Reporting Guidelines, Mandates Collection of Crypto Transaction Data
The UK government has instructed crypto firms to collect user details including transaction data under the Crypto Asset Reporting Framework (CARF). The UK officials have said that crypto companies found in violation of these laws can invite penalties of up to GBP 300 (roughly Rs. 35,000).
