Reuters UK Business

By Foo Yun Chee BRUSSELS (Reuters) – The European Commission on Tuesday announced a 1.1-billion-euro ($1.2 billion) plan to counter growing cybersecurity threats, underscoring mounting concerns about a series of high-profile hacking incidents. The growing use of cyber warfare in the military conflict between Russia and Ukraine has also triggered alarm. “The EU Cyber Solidarity …

EU proposes $1.2 billion plan to counter growing cybersecurity threats Read More »

WASHINGTON (Reuters) – Leaders of the U.S. Federal Trade Commission said on Tuesday the agency would pursue companies who misuse artificial intelligence to violate laws against discrimination or be deceptive. The sudden popularity of Microsoft-backed OpenAI’s ChatGPT this year has prompted calls for regulation amid concerns around the world about the possible use of the …

US FTC leaders will target AI that violates civil rights or is deceptive Read More »

By Greg Bensinger (Reuters) – Apple Inc and Alphabet Inc have raised concerns with Amazon.com Inc after learning that sexually explicit photographs could be accessed by children on the popular Kindle app and called on Amazon to strengthen its content moderation. The warnings were sparked by questions posed by Reuters to spokespeople at the three …

Porn on Amazon’s Kindle app prompts warnings from Apple, Alphabet Read More »

By Kate Abnett STRASBOURG, France (Reuters) -The European Parliament on Tuesday approved sweeping reforms to make EU climate change policies more ambitious, including an upgrade of the bloc’s carbon market that is set to hike the cost of polluting in Europe. Europe’s carbon market forces power plants and factories to buy CO2 permits when they …

EU Parliament backs overhaul of Europe’s biggest climate policy Read More »

By Blake Brittain (Reuters) – Unilever’s “I Can’t Believe It’s Not Butter!” spray is governed by different U.S. Food and Drug Administration regulations than butter and similar products, a U.S. appeals court ruled Tuesday, defeating a long-running false advertising class action. A split 9th Circuit Court of Appeals rejected claims that Unilever based its zero-fat, …

Unilever wins ‘I Can’t Believe It’s Not Butter!’ labeling appeal Read More »

By Chris Prentice NEW YORK (Reuters) – A committee of U.S. lawmakers on Tuesday said troubled Swiss bank Credit Suisse Group hampered a multiyear investigation into the servicing of Nazi clients and Nazi-linked accounts. Credit Suisse commissioned an investigation into allegations levied by a human rights organization that the bank held potential Nazi-linked accounts and …

Credit Suisse hampered internal probe into Nazi-linked accounts, U.S. senators say Read More »

(Reuters) – Netflix Inc is winding down its DVD rental business, the company said in a blog post on Tuesday, ending the service it started around 25 years ago. The streaming service said the DVD business had been shrinking and it will not be able to continue to offer quality service. The company will ship …

Netflix winds down DVD rental business Read More »

By Foo Yun Chee BRUSSELS (Reuters) – Advent-owned NielsenIQ’s tie-up with German market research firm is likely to face a full-scale EU antitrust investigation, with regulators demanding asset sales in return for clearing the deal, people familiar with the matter said on Tuesday. Private equity firm Advent International announced the deal to create a leading …

Exclusive-NielsenIQ, GfK tie-up faces EU antitrust investigation -sources Read More »