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...The $500,000 fine on KPMG in Japan was for failures in its system for checking audit quality, the PCAOB said....
...The commission is already braced for legal challenges by some of these large tech companies, multiple people with knowledge of the EU’s thinking said....
...One UK-based consultant at a Big Four firm said consultancies had in general become increasingly risk averse, in part because of fear of legal liability for a leak of client data....
...DeepMind pushed for an independent legal status akin to a non-profit, with an independent governance board overseeing the powerful technology it was trying to build....
...Apollo told the FT: “The appellate court’s decision focused on a legal technicality that had nothing to do with Apollo . . ....
...The search giant has described Gemini as its “largest, most capable and most general” AI system, adding that it has sophisticated reasoning and coding capabilities....
...Bain expects a similar timeframe for completing the legal framework for liability and insurance and improving the accompanying road and telecoms infrastructure....
...payment system, leaving them paying higher fees....
...potential copyright lawsuits over the technology.Amazon, Microsoft and Google are competing to offer new services such as virtual assistants and chatbots as part of a multibillion-dollar bet on generative AI — systems...
...“It was just really heartening to see that the justice system worked so well in the end.”...
...They also acquired companies in areas such as digital advertising, mobile operation systems, social media and so on, to ring fence more and more of the online territory and keep users on the platform....
...“I supported all the recommendations from our legal and compliance teams,” Pichai said....
...Carriers big and small are hooked into the same system....
...sharing little about how these systems work....
...Legal experts said that political backdrop means Capital One and Discover will have to walk a fine line....
...What distinguishes Google from Apple, which makes the iPhone, is that Google does not control the hardware that uses its operating system....
...“The US is one market with one currency, one language and one tax system,” said Deborah Fuhr, founder of the ETFGI consultancy, drawing a contrast with the far more fragmented picture in Europe....
...The case also involves a series of contracts with smartphone makers and mobile telecoms companies that support the Android operating system and give Google search pole position....
...Striking out Nicole Musicco’s abrupt exit from the California Public Employees’ Retirement System followed a big push by the former investment chief into sports deals, Bloomberg reports....
...Further reading: — How bonds ate the financial system....
...Senior lawyers David Thomas and David Rusoff are becoming head of legal for global markets at Citadel’s hedge fund and chief legal officer for Citadel’s market-making arm, respectively....
...Handler, whose clients over the years included Cisco Systems, Motorola and Qualcomm, had established Centerview’s office in Palo Alto, California, in 2016....
...In a statement issued shortly after the ruling was made public, Black said Ganieva had been “able to manipulate the legal system and the media” in a way that was “exceptionally painful to my family, my business...
...It added: “It is a cornerstone of the European merger control system that enables the commission to carry out its role before structural changes modify the competitive landscape.”...
...But the court disagreed with placing blame on the algorithmic system, a win for online platforms which had warned that undermining algorithms could severely harm their ability to filter and direct content...
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