Sharp, essential news and analysis from Malaysia.
Anthropic has appointed Mariano-Florentino Cuéllar as its inaugural chief global affairs officer, tasking him with managing relationships with governments worldwide as the AI developer faces mounting regulatory scrutiny and geopolitical challenges.
Malaysia will establish a dedicated Social Work Profession Council after the Social Work Profession Act comes into force, Deputy Minister Lim Hui Ying announced. The council will regulate practitioners and set professional standards.
Malaysia's government says low prices on e-commerce platforms cannot be automatically deemed predatory without thorough investigation. A new E-Commerce Act is being drafted to balance consumer benefits, MSME protection, and fair competition.
The US Federal Trade Commission is suing telehealth platform Hims & Hers for allegedly sharing users' sensitive health data with Meta and Snap, and engaging in deceptive billing and subscription cancellation practices.
The European Union has imposed a €550 million fine on Alibaba's AliExpress for inadequately addressing sales of counterfeit and unsafe products on its platform, marking the third major enforcement action under the bloc's Digital Services Act.
The Financial Action Task Force has warned that organised crime groups are moving billions of dollars through cryptocurrency markets, exploiting regulatory weaknesses. Illicit actors are developing sophisticated methods including custom stablecoins designed to resist asset seizure.
New York has become the first US state to impose a one-year moratorium on large data center construction, responding to concerns that artificial-intelligence facilities are driving up electricity costs and straining water supplies.
Paul Grewal, Coinbase's chief legal officer who spearheaded the crypto exchange's successful defense against SEC litigation, is departing after six years. Molly Abraham assumes the general counsel role.
Malaysian enforcement agencies have dismantled illegal cryptocurrency mining networks across the country, seizing 75,578 machines and arresting 629 suspects through nearly 3,050 coordinated raids since early 2022.
Britain's competition watchdog is pushing Apple and Google to permit developers to direct users away from their mandatory app store payment systems, potentially lowering costs for consumers while protecting innovation in fintech.
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Prime Minister Anwar Ibrahim has committed to establishing stronger regulatory frameworks and fostering industry collaboration to position Malaysia as a leader in the growing drone sector, signalling increased government support for unmanned systems development.