Ethical Questions and Evolving Digital Strategies

This week, the Mexican Supreme court ruled on the state’s intended formation of a cellphone registry, declaring it unconstitutional. This thought process was echoed by C Minds, a women-led think tank that generates public policy recommendations for the responsible development and use of AI. Meanwhile industry leaders consider how to help SMEs to digitize and reach their full potential.

Here is your weekly Tech briefing!

Mexico

Mexican Supreme Court Finds Cellphone Registry Unconstitutional

Mexico’s Supreme Court voted to terminate the unconstitutional creation of a national cellphone user registry with biometric data (PANAUT) proposed by President Andrés Manuel López Obrador’s administration. The final decision comes as a relief to the more than 120 million end-users who would have had to cover the costs of collecting data.

Industry Trends

Applied Machine Learning in E-commerce for SMEs

Making sense of customer data is the cornerstone of any successful business and in e-commerce, there is an endless sea of data to be gathered and analyzed. The rift between customer and brand is both larger and smaller in e-commerce.

Helping Businesses, SMEs Achieve Their Potential

All businesses have to budget for numerous payments, including advertisement, rent and payrolls. For a business to be successful, it must separate its payments between operational and corporate expenses, said Jose de la Luz Lopez, CEO, Delt.ai.

Working Toward the Ethical, Responsible Use of AI

C Minds is a women-led think tank that collaborates with all sectors to generate public policy recommendations surrounding the responsible development and use of AI and carries out pilot projects to understand the opportunities and risks for society and the environment, said Claudia Del Pozo, C Minds Eon, Resilience Lab.

Digital Revolution Forces Capital Markets to Rethink Strategies

The digital transformation is revolutionizing capital markets globally. Securities exchanges are rethinking their business models and strategies to remain competitive and capitalize on new opportunities said Enrique Suárez, Co-Founder and CEO, MountX Real Estate Capital.

International

Elon Musk Buys Twitter for US$44 Billion

Tesla’s CEO Elon Musk penned a definitive agreement to acquire Twitter Inc. at US$54.20 per share, valuing the social media platform at US$44 billion. The social media platform considered Musk’s offer following pressure from its shareholders.