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EU pressures Google to open Gemini and Android AI access

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The European Commission has outlined new measures requiring Google to give rival AI developers and search competitors broader access to Android features and services linked to Gemini under the Digital Markets Act (DMA).

The proposal aims to let competing AI assistants better integrate with Android devices, including sending emails, sharing content, ordering services and interacting with apps without Google prioritizing Gemini.

EU regulators say this would expand user choice and reduce platform favoritism. Google argues the move could weaken privacy, security and manufacturer flexibility by forcing access to sensitive device functions.

Third parties can submit feedback until May 13, with a final EU ruling expected by late July. Non-compliance could lead to fines of up to 10% of global annual revenue.

Google Launches Nano Banana 2

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Google has introduced Nano Banana 2, the latest version of its AI image generation model, aiming to build on the popularity of its predecessor.

The upgraded system promises faster performance and improved precision in image creation and editing tasks.

Nano Banana 2 is being integrated across multiple services, including search features and AI-powered applications.

The development reflects Google’s broader effort to expand user engagement through advanced generative tools.

Earlier versions of the model gained widespread traction, contributing to growing adoption of the company’s AI ecosystem.

The rollout underscores intensifying competition among major technology firms in the evolving AI landscape.

SEC Drops Case Against Winklevoss-Founded Gemini

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The U.S. Securities and Exchange Commission has agreed to dismiss its enforcement case against cryptocurrency exchange Gemini, founded by billionaire twins Tyler Winklevoss and Cameron Winklevoss, after investors in its lending programme recovered their assets in full.

The SEC and Gemini filed a joint stipulation in federal court in Manhattan on Friday, citing the complete return of crypto assets to Gemini Earn investors through the Genesis Global Capital bankruptcy process between May and June 2024.

In 2023, the SEC charged Genesis and Gemini Trust Company with illegally selling securities via the Gemini Earn programme, which allowed customers to lend crypto assets to Genesis in exchange for interest. At its peak, the programme held about $940 million in assets before Genesis froze withdrawals in November 2022.

Unlike several crypto firms that collapsed after the 2022 market downturn, Genesis ultimately returned customers’ crypto in kind rather than liquidating assets and paying cash. The SEC said this full recovery made dismissal of the claims appropriate, while stressing the decision does not set a precedent for other cases.

The move reflects a broader shift in U.S. crypto enforcement under President Donald Trump, who has pledged a more industry-friendly regulatory approach. Gemini did not immediately comment on the dismissal.