Category: consumer protection
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New Mexico Lawmakers Move to Regulate AI, Raising Questions About Innovation and Overreach
New Mexico lawmakers have proposed legislation to regulate artificial intelligence, aiming to enhance transparency and protect civil rights. Supporters argue it addresses potential biases and accountability issues, while critics warn it could hinder innovation and competitiveness. The bill faces scrutiny as stakeholders debate the balance between regulation and progress in AI technology.
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Texas Authorities Bust $14 Million Gift Card Fraud Ring, Highlighting New State Law
Authorities in Texas arrested three Latvian nationals for a $14 million gift card fraud scheme affecting retail stores across the state. The suspects cloned and drained gift card balances, often within minutes. This case highlights a growing trend in organized retail fraud, prompting Texas lawmakers to implement tougher laws on such crimes.
Texas Bay News 