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Risk Channel helps you stay ahead of essential risk news shaping your profession. Every weekday, our unique blend of AI, risk experts and researchers monitor 100,000s of articles to share a summary of the most relevant and useful content to help you lead, innovate and grow.
From supply chain to regulatory enforcement, data privacy, GRC controls, whistleblowers, and risk management strategies. Risk Channel is the only trusted online news source dedicated to covering current headlines, articles, reports and interviews to make sure you’re at the forefront of changes in the risk industry.
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Recent Editions
Risk Channel
North America
U.S. companies will no longer be able to enforce noncompete agreements on employees, following a rule approved by the Federal Trade Commission (FTC). The ban aims to increase job mobility and prevent restrictions on workers' ability to switch jobs for higher pay. The FTC argues that noncompete agreements harm workers and the economy by reducing job churn and limiting the hiring ability of other businesses. The rule, which received support from the majority of the 26,000 comments received, will take effect in six months unless blocked by legal challenges. Business groups have criticized the measure, claiming it exceeds the FTC's authority. The U.S. Chamber of Commerce plans to sue to block the rule. Noncompete agreements are already banned in three states, including California.
Full Issue
Risk Channel
UK/Europe
The Competition and Markets Authority (CMA) is looking into whether Microsoft and Amazon’s partnerships with AI start-ups fall within UK merger rules. The competition watchdog is considering the impact partnerships between Microsoft and Mistral AI, Amazon and Anthropic, and Microsoft’s hiring of key figures from Inflection AI could have on competition in the UK. Joel Bamford, executive director of mergers at the CMA, said: “While we remain open minded, and haven’t drawn any conclusions, our aim is to better understand the complex partnerships and arrangements at play.” He added: “Given the global nature of these markets, competition authorities around the world are actively looking into AI.” A spokesperson for Amazon said: "It's unprecedented for the CMA to review a collaboration of this type," while a spokesman for Microsoft commented: “We remain confident that common business practices such as the hiring of talent or making a fractional investment in an AI start-up promote competition and are not the same as a merger.” The Times Katie Prescott reports that some UK-based AI start-ups have privately expressed concern that the CMA’s intervention could have a "chilling effect on investment in their own businesses from the only companies with the technical and financial firepower to help them develop."
Full Issue
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“Over recent weeks as politicians signal that societies now need to live with Covid-19 and have announced the lifting of distancing restrictions some high-profile CEOs have publicly called for their workforces to re-embrace the office as the Covid pandemic threat recedes
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Back in the distant 1980s if you wanted to demonstrate your environmental and ethical credentials it was sufficient to shop at or purchase shares in retailer The Body Shop.
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