TNW News : Business

SAP has talked its way out of an EU antitrust fine. The European Commission said it would accept a set of commitments from the German software group, closing an investigation into how SAP handles maintenance and support for its on-premise enterprise software and sparing it a penalty that could have run into the billions. It […]

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Block, the payments company chaired by Jack Dorsey, has agreed to pay $45 million to settle claims from 46 US states that it mishandled fraud on Cash App, its money-transfer and digital-banking app. The settlement is the latest sign that state regulators are moving into ground the Consumer Financial Protection Bureau (CFPB) has vacated under the Trump […]

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A federal judge has approved the Securities and Exchange Commission’s settlement with Elon Musk over his late disclosure of a Twitter stake, closing a case that has run for years. US District Judge Sparkle L. Sooknanan entered the consent judgment on Wednesday in Washington, DC, despite what she described as significant misgivings about the deal. […]

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Apple has spent two years arguing that Europe’s digital rulebook should not apply to it in quite the way Brussels insists. On Wednesday, the EU’s General Court told it, in effect, that it does. The court threw out Apple’s challenge to being labelled a gatekeeper under the Digital Markets Act, the designation that ties the […]

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Google, Meta, Spotify and Sony have taken Belgium to Europe’s top court. They say its copyright law forces platforms to pay creators far beyond what the EU intended. Four of the biggest names in tech asked the EU’s Court of Justice on Tuesday to rein in Belgium. They say the country rewrote who gets paid […]

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Greece’s Predator spyware scandal has reached the courts. Eight people it spied on want €1 million each from the firm that built it. Eight victims of Greece’s “Predatorgate” wiretapping scandal have sued the Athens surveillance firm Intellexa and 13 people linked to it, Reuters reports. Each is seeking €1 million in moral damages, a combined […]

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Most AI legal startups sell software to law firms. Norm Ai built its own firm instead, and investors just valued the bet at $1.2 billion. Norm Ai has raised $120 million in a Series C round that values the New York startup at $1.2 billion, Bloomberg first reported. Khosla Ventures, an early backer of OpenAI, […]

TNW News : Technology

Denmark has taken a side in one of the quieter but more consequential legal battles over how the internet pays for journalism. The Danish government has filed a written intervention at the Court of Justice of the European Union, backing Belgium in a case brought by a group of technology companies that dispute how Belgium […]

TNW News : Business

Britain’s foreign secretary has a stark analogy for artificial intelligence. Do not wait for its Hiroshima moment before writing the rules. Yvette Cooper will warn that AI could become the “greatest security challenge of the next decade,” according to Bloomberg. She sets it out in an essay for the Chatham House think tank, published on […]

TNW News : Business

The studios suing Midjourney say it trained AI on their characters without permission. Midjourney’s answer: prove you do not do exactly the same thing. The AI image generator wants a US federal judge to intervene. It has asked the court to force the studios suing it to reveal how they use AI internally, Variety reported. […]