Elon Musk’s Shadow Rule
How the U.S. government came to rely on the tech billionaire—and is now struggling to rein him in. Source: Elon Musk’s Shadow Rule
Category: Corporate Accountability
Europe’s sweeping rules for tech giants are about to kick in – Japan Today
Google, Facebook, TikTok and other Big Tech companies operating in Europe are facing one of the most far-reaching efforts to clean up what people encounter online.The first phase of the European Union’s groundbreaking new digital rules will take effect this week. The Digital Services Act is part of suite of tech-focused regulations crafted by the…
Lessons From the Catastrophic Failure of the Metaverse | The Nation
The sheer scale of the hype inflation came to light in May. In the same article, Insider revealed that Decentraland, arguably the largest and most relevant Metaverse platform, had only 38 active daily users. The Guardian reported that one of the features designed to reward users in Meta’s flagship product Horizon Worlds produced no more…
California lawsuit accuses drugmakers, pharmacy benefit managers of insulin overcharging
(Reuters) -California is suing the United States’ leading insulin makers and pharmacy benefit managers, accusing them of using their market power to overcharge patients for the life-saving drug, the state’s attorney general announced on Thursday.The lawsuit, filed in California Superior Court in Los Angeles, targets Eli Lilly and Co, Novo Nordisk A/S and Sanofi SA,…