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Thu. 06/11 – Regulation News Thursday

Jun 11, 2020
Regulation news takes center stage as the EU gears up to file antitrust charges against Amazon and California reclassifies Uber and Lyft drivers as employees. In tech innovation, Amazon halts its facial recognition technology pending Congressional guidelines, while Adobe unveils its fun Photoshop Camera app. The podcast also dives into Postman's impressive growth and discusses Just Eat Takeaway's acquisition of Grubhub, reshaping the food delivery landscape. Plus, Facebook establishes a venture arm to invest in startups!
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INSIGHT

EU Antitrust Charges Against Amazon

  • The EU might file antitrust charges against Amazon for allegedly misusing third-party seller data.
  • This data is reportedly used to compete with sellers, potentially by creating similar products.
INSIGHT

Amazon's Facial Recognition Ban

  • Amazon banned police use of its facial recognition technology for one year.
  • This pause allows time for Congress to establish regulations for ethical use of the technology.
INSIGHT

Uber/Lyft Drivers Classified as Employees

  • California's Public Utilities Commission ruled Uber and Lyft drivers as employees under AB5.
  • This decision could significantly impact the companies' operations and worker classification.
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