TECHNOLOGY NEWS It has been announced that the unmanned combat aerial vehicle named ANKA III, developed by TUSAS, has successfully completed its maiden flight. Trendyol was selected by McKinsey as Türkiye’s only 3rd generation fashion company by increasing customer loyalty through innovative and interactive strategies. Xiaomi introduced its first electric car models and announced that...
TECHNOLOGY NEWS In order to accelerate Türkiye’s development in the field of small-sized modular reactors, it was announced that know-how and investment negotiations were held with American companies, especially technologies to increase uranium enrichment and conversion capacity. As part of the Quantum Research Laboratory established by ASELSAN, the first domestically developed quantum integrated circuits were...
TECHNOLOGY NEWS Delivery Hero announced the closure of its Global Technology and Innovation Center in Türkiye but emphasized that this decision would not impact the operations of Yemeksepeti. It has been stated that with the artificial intelligence-supported technologies developed by Huawei Cloud, seamless shopping experiences can be provided to a wide user base in Türkiye,...
BulletinLegal Newsletter 12-2
22/12/2023
KEY LEGAL DEVELOPMENTS With the Regulation Amending the Regulation on the Trade of Second-Hand Motor Land Vehicles, which entered into force after being published in the Official Gazette dated 13.12.2023, the scope of the ban on sales and marketing until 6 months and 6 thousand kilometers have passed from the date of the first registration has been...
TECHNOLOGY NEWS Adidas conducted the initial test of the “Teads Conversions” online advertising project, managed by Teads and equipped with artificial intelligence, to increase online sales in the Turkish market. TikTok has stated that it holds a significant position in the Turkish e-commerce market, hosting over 10.500 businesses, and additionally, more than 500.000 businesses utilize...
TECHNOLOGY NEWS Amazon has announced the artificial intelligence-based assistant application called “Q,” designed for businesses to perform activities such as generating marketing ideas and creating sales reports. Erdem Inan, CEO of Trendyol, stated that efforts are underway to enter the Eastern European e-commerce market in the first quarter of 2024. DEVELOPMENTS FROM PUBLIC INSTITUTIONS REGARDING...
BulletinLegal Newsletter 12-1
06/12/2023
KEY LEGAL DEVELOPMENTS The Ministry of Treasury and Finance announced a revaluation rate of 58.46% for 2023 in the Official Gazette dated November 25, 2023. This rate will impact judicial and administrative fines, as well as tax amounts. The new minimum wage figures, effective January 1, 2024, were announced in a Presidential Decree published in...
Technology News Hannes Leetaru, founder of the GDELT Project, who participated in the New Dead Ends of Strategic Communication: Information Security and Transparency panel at the International Strategic Communication Summit held in Istanbul, stated that with the development of artificial intelligence, conversations can be quickly converted into text and it is possible to summarize extensive data about countries. Equinix, having acquired a...
The Medium-Term Program (“MTP”) covering the 2024 – 2026 period was published in the Official Gazette on 6 September 2023. After analyzing the macroeconomic framework of Turkiye and the world, the MTP envisages a scenario in which inflation is brought under control by reducing demand for the next two years. The main targets for the...
General Data Protection Regulation (GDPR) of EU and Turkey’s Personal Data Protection Law (KVKK) are sharing the same origin called EU 95/46/EC Directive. Still, GDPR and KVKK differ on some critical topics of personal data protection. I am sharing certain practical differences between GDPR and KVKK below that I find important. Data Controllers’ Registry GDPR...
