European Commission investigators are finalising a Digital Markets Act probe that is expected to designate Amazon Web Services and Microsoft Azure as cloud gatekeepers, imposing interoperability mandates by late 2026.
Tag: regulation
Posted inTech
EU AI Act Enforcement Begins with Letters Targeting Employment and Biometric Systems
The EU’s AI Office sent its first enforcement letters in September 2026 targeting high-risk AI systems in employment screening and biometric identification, marking the practical start of the world’s most comprehensive AI regulation.
Posted inTech
New York City Proposes Kill Switches and Whistleblower Bounties for AI
NYC Council Speaker Julie Menin unveiled ten AI bills on September 25 requiring kill switches on systems sold in the city, whistleblower payouts, and a $25,000 per-instance fine.
Posted inEconomy
ECB’s Kocher Warns Inflation Must Not Entrench as Eurozone Economy Stays Fragile
ECB Governing Council member Martin Kocher said on Thursday the central bank must prevent excessively high inflation from becoming entrenched, reinforcing a data-dependent hawkish stance.
Posted inTech
California Becomes First US State to Mandate Third-Party Audits of AI Systems
Governor Newsom signed SB 813 and AB 1405 on September 9, creating a state registry for AI auditors and an accreditation framework for independent verification — the first such statutory requirements in the United States.
Posted inMarkets
Senate Republicans Unveil Revised CLARITY Act Ahead of September 15 Cloture Vote
Senator Cynthia Lummis released a 630-page revised CLARITY Act on September 10 incorporating 114 Democratic amendments, with a September 15 cloture vote requiring seven Democratic crossovers still in doubt over unresolved ethics provisions.
Posted inTech
EU Delays High-Risk AI Compliance to December 2027 Under Digital Omnibus
The EU’s Digital Omnibus package, which entered into force July 27, pushed high-risk AI compliance obligations from August 2, 2026 to December 2, 2027, while transparency rules remained on the original schedule.
Posted inMarkets
Firmware Bug From 2021 Drained $140 Million from Coldcard Bitcoin Wallets
A 2021 firmware error in Coinkite’s Coldcard wallets made seed phrases predictable, letting hackers drain over $140 million in bitcoin in 41 minutes.
Posted inTech
Ireland opens its EU Presidency with the AI Act omnibus fix as its most urgent digital task
Ireland’s six-month EU Council Presidency begins on 1 July 2026 with finalization of the Digital Omnibus — amendments to the EU AI Act that would defer high-risk compliance from August 2026 to December 2027.
Posted inTech
UK announces AI hardware strategy to cut semiconductor dependence
The UK government unveiled a domestic AI hardware plan in late April, committing to build sovereign capability in the chips and semiconductor technologies underpinning the AI stack — a belated but explicit acknowledgement that dependence on US and Asian supply chains is a strategic vulnerability.