This is the published version of Forbes’ CIO newsletter, which offers the latest news for chief innovation officers and other technology-focused leaders. Click here to get it delivered to your inbox every Thursday. One thing in the tech world was reaffirmed this week: Nvidia is the dominant player when it comes to AI processing technology. … Read more
In a shot across the bow to the digital payments industry, the U.S. Consumer Financial Protection Bureau (the Bureau) has issued a proposed rule to expand its oversight authority to nonbank providers of consumer payment apps. These apps include digital wallets, funds transfer services, and P2P apps—for both U.S. dollar payments and, surprisingly, also bitcoin … Read more
Class-action status in the damages portion of an antitrust lawsuit against the NCAA was granted by a federal judge on Friday, a decision that could put the association on the hook for a potential multibillion dollar payout to former and current college athletes. House vs. the NCAA is being heard in the Northern District of California … Read more
When the European Union issued new rules for the internet earlier this year, officials in Brussels envisioned a system that would stop US Big Tech from growing out of control. But the bloc’s latest antitrust decision sent a message that it’s not only American tech giants that will be subject to increasing scrutiny, but European … Read more