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Facebook, Google May See Increased Regulation In Australia

PYMNTS

According to a report in CNBC , citing the report published by the ACCC, the government watchdog listed a series of remedies, which include creating a government agency that would be tasked with regulating how the likes of Facebook and Google publish news on their platforms.

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Google CEO: Politicians Should Be Cautious About AI Regulation

PYMNTS

Google CEO Sundar Pichai said politicians should take a measured approach when thinking about regulating artificial intelligence (AI), and that many of the rules already in place would work for legislating the new technology. Over the past few years, all of us have learnt that technology can have unintended consequences.”.

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Google Asks FCC For OK To Test 6G Service

PYMNTS

Google is asking the Federal Communications Commission (FCC) for permission to hold radio experiments “in and near the 6 GHz band,” according to a recent filing with the agency.

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Google CEO Pushes Back Against Regulation Talk

PYMNTS

Google CEO Sundar Pichai pushed back against talk of regulating tech companies, saying that the move could have unintended consequences, according to a report by CNBC. “I I worry that if you regulate for the sake of regulating it, it has a lot of unintended consequences,” Pichai said. So we have to balance both.

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Startups In India Pledge To Fight Google's Dominance

PYMNTS

As the Department of Justice (DOJ) prepares a potential antitrust lawsuit against Google , dozens of India’s technology startups are considering ways to challenge the Mountain View, California-based tech giant’s dominance, Reuters reported, citing sources. Google will lose this battle. Google declined to comment to Reuters.

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CFPB proposes new oversight for payment tech firms

Payments Dive

Google, Apple and 15 other big non-bank technology companies that provide digital wallets or payments apps would be subject to increased regulation if a new Consumer Financial Protection Bureau rule is approved.

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Google is Already Worried About Regulating Machine Learning

Bank Innovation

Machine learning could be quite influential on cloud services (and FIs), which is why Google’s experiments with it are ongoing, according to Gavan Corr, principal, financial services for Google Cloud. Financial services has been at the forefront of machine learning–a lot of what we call machine learning is really math.

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