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Elon Musk's platform X has introduced a disclaimer for its blue checkmark feature amid an ongoing EU investigation into misleading practices. Originally a verification tool for public figures, the checkmark's transformation into a paid feature has raised regulatory concerns, with potential fines reaching 6% of global revenue under the Digital Services Act. The European Commission's scrutiny reflects a broader trend of stringent tech regulation in the EU, emphasizing the importance of consistent verification symbols in maintaining digital trust.
Apple has lost its attempt to stop a court ruling that prevents the company from enforcing certain fees within its iPhone app store. This decision could have significant implications for the tech giant's revenue model and its relationship with app developers.
Apple has lost its attempt to stop a court ruling that prevents the company from enforcing certain fees within its iPhone app store. This decision could have significant implications for app developers and the broader digital marketplace.
The European Consumers Organisation (BEUC) has lodged a complaint against Shein with the European Commission, accusing the fast-fashion retailer of employing "dark patterns" to manipulate consumer behavior. Tactics highlighted include pop-ups warning against leaving the app, countdown timers, and excessive notifications, which BEUC claims may violate EU regulations on aggressive commercial practices. This action reflects a broader regulatory trend addressing manipulative online shopping strategies prevalent in the fast fashion industry, where rapid consumption is driven by psychological manipulation.
[Bloomberg]
China is proposing new safety regulations for driving assistance systems amid rising usage and safety concerns, following a fatal crash involving Xiaomi's SU7 sedan. The draft, open for public comment until July 4, aims to address misleading marketing claims and enhance road safety in the world's largest auto market. This regulatory approach reflects China's proactive governance in emerging technologies, balancing between stringent European and more permissive American models.
Google has enlisted Donald Verrilli Jr., former U.S. solicitor general under Barack Obama, to appeal a ruling by U.S. District Judge Amit Mehta that deemed the company to have an unlawful monopoly in online search. This legal move is crucial for Google as it seeks to challenge the ruling, which could significantly impact its business operations.
The Securities and Commodities Authority (SCA) mandates that all financial influencers in the UAE register for official authorization to ensure compliance with regulatory standards. This initiative aims to standardize digital financial communications and enhance investor protection in online environments. Registered influencers will benefit from a three-year waiver on fees and access to legal advisory services, while the public is encouraged to verify their registration status.
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X adds disclaimer to blue check amid EU antitrust investigation
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