Due to an exponential growth in the investment in female health and wellbeing, Forbes and Dealroom reported that 2023 saw 1.14 billion USD raised collectively across 120 deals in ‘FemTech’. The phrase refers to technology products and services that help to solve the health needs and concerns suffered disproportionately or

Continue Reading FemTech and the use of AI

The pace of development in the tech sector is ever accelerating. Generative AI and large language models (LLMs) have become ubiquitous in our vernacular; cloud computing and SaaS solutions have increased in prevalence with the share of enterprises within the EU buying cloud computing in 2023 having increased by 4.2%

Continue Reading Tech projects – managing the principal risks to maximise opportunities

Formula 1’s largest ticket operator, Platinum Group, made a ground-breaking move in the auto-racing industry by introducing NFT ticketing for their upcoming events, starting with the Monaco Grand Prix earlier this summer. This movement follows in the recent footsteps of other industries and companies by exploring opportunities in the digital

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The growth of the metaverse emphasizes the need to address the cybersecurity challenges posed by this new multimedia environment.

It is increasingly likely that the metaverse will be subject to cyberattacks that pose a real risk to both the companies that choose to be active in the metaverse and the
Continue Reading Metaverse and cybersecurity, what are the challenges for the future?

The Digital Regulation Cooperation Forum (“DRCF”) has issued a call for views on the benefits and risks of algorithmic processing uncovered in their research and set out their plan of action for the coming year.

Over the past year, DLA Piper has covered a number of developments in the area
Continue Reading UK digital watchdogs take aim at algorithms and online technologies in their plans for future regulatory collaboration

Separate to considering the legal terms and conditions that organisations ask consumer customers to sign up to, consumer experts and regulatory authorities are increasingly considering the impact of ‘online choice architecture’ (“OCA”), ie the design of websites, apps and devices that influence consumer behaviour and that leads a
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In celebration of International Women’s Day 2022, a report on ‘The Effects of Artificial Intelligence on the Working Lives of Women’ has been published by the Inter-American Development Bank (IDB), The Organisation for Economic Co-operation and Development (OECD) and the United Nations Educational, Scientific,
Continue Reading International Women’s Day 2022: IDB, OECD, and UNESCO Report on The Effects of Artificial Intelligence on the Working Lives of Women

Background

With the implementation of the Consumer Data Right (CDR) in the banking sector (known as ‘Open Banking’) well under way, the release of draft amendments to the CDR rules for the energy sector, and the continuing development of the framework for implementing the CDR in the telecommunications sector,
Continue Reading Consumer Data Right pipeline to cast a wide net