Cryptocurrency mining rig maker Ebang was accused of inflating sales figures in a short report, while competitor Canaan reported declining fourth-quarter revenue. The end may be nigh for distributed ledger protocol Filecoin, while overseas interest in Chinese cryptocurrency exchanges is on the...
regulation
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Shares in Hong Kong for Alibaba Group jumped 8% after company chairman Daniel Zhang promised on a call with investors on Monday an end to its practice of forced exclusivity following a RMB 18.2 billion ($2.8 billion) penalty for antitrust practices.Why it matters: The penalty imposed onto...
OneTrust, a security and compliance startup headquartered in Georgia, has raised $210 million in an extesion to its series C round.Read...
Last week, UK-based semiconductor design company Arm announced plans for the next generation of chips. The v9 architecture comes ten years after the release of v8, which is currently the standard used for mobile phone central processing units (CPUs) and many other processors.There are some...
Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. This week, Facebook CEO Mark Zuckerberg, Google CEO Sundar Pichai, and Twitter CEO Jack Dorsey went back to Congress, the first hearing with Big Tech executives since the January 6 insurrection led by white...
The Federal Trade Commission (FTC) has guidelines regarding influencer marketing. Be informed and follow the rules - that's our advice.Read the full...
Big Tech CEOs head to Congress ... again. But experts say this time could be different. Read...
China Tech Investor is a weekly look at China’s tech companies through the lens of investment. Each week, hosts Elliott Zaagman and James Hull go through their watch list of publicly listed tech companies and also interview experts on issues affecting the macroeconomy and the stock prices of...
China’s market regulator introduced on Monday a set of e-commerce laws pertaining to more recent developments in the sector, including livestreamed sales, user data privacy, and forced exclusivity.Why it matters: The new rules addressing newer innovations in China’s massive e-commerce...
The inner workings of ethics and fairness operations at Facebook and Google reveal tension between profits and harm caused by AI.Read...
Europe’s latest attempt could end up hurting companies and consumers alike....
Europe’s latest attempt could end up hurting companies and consumers alike....
Europe’s latest attempt could end up hurting companies and consumers alike....
A judge ruled earlier this week on the law, which has faced challenges from lobbyists representing internet providers as well as the Trump...
The regulatory drama around SpaceX's recent Starship launches has simmered down. CNN's Jackie Wattles and The Verge have learned that the FAA ended its investigations into the SN8 and SN9 launches. SpaceX and the FAA "settled"...
The regulatory drama around SpaceX's recent Starship launches has simmered down. CNN's Jackie Wattles and The Verge have learned that the FAA ended its investigations into the SN8 and SN9 launches. SpaceX and the FAA "settled"...
The regulatory drama around SpaceX's recent Starship launches has simmered down. CNN's Jackie Wattles and The Verge have learned that the FAA ended its investigations into the SN8 and SN9 launches. SpaceX and the FAA "settled"...
The regulatory drama around SpaceX's recent Starship launches has simmered down. CNN's Jackie Wattles and The Verge have learned that the FAA ended its investigations into the SN8 and SN9 launches. SpaceX and the FAA "settled"...
The regulatory drama around SpaceX's recent Starship launches has simmered down. CNN's Jackie Wattles and The Verge have learned that the FAA ended its investigations into the SN8 and SN9 launches. SpaceX and the FAA "settled"...
China on Sunday put into effect new antitrust guidelines targeting internet platforms, subjecting the country’s tech industry to tougher rules on competition.Why it matters: The guidelines formalize earlier draft rules announced by China’s State Administration for Market Regulation...
Beijing has imposed a RMB 3 million fine on the operator of Chinese flash sale online retailer Vipshop.com for unfair competition.Why it matters: Coupled with a RMB 500,000 penalty for irregular pricing dealt out in December, regulation pressure is rising as Tencent-backed Vipshop’s share...
Douyin, ByteDance’s Chinese version of TikTok, said on Tuesday it had sued Chinese social media giant Tencent for monopolistic behavior including blocking Douyin’s content on its WeChat and QQ instant-messaging apps.Why it matters: The legal move comes as China tightens antitrust...
Xiaomi isn’t wasting time disputing the US’ decision to put it on a list of Chinese military-backed companies and ban American investments. Reuters reports the Chinese phone giant has filed a legal complaint against the US Defense and Treasury...
SpaceX’s high altitude Starship test may have created more problems than a fiery explosion. The Verge sources understand that the Starship SN8 launch violated the terms of SpaceX’s FAA test license, leading to an official investigation. It’s not...
Why Washington state could finally pass data privacy laws with a bill backed by the tech industry
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Washington Sen. Reuven Carlyle. (Washington Senate Democrats Photo)Washington state will once again try to pass data privacy regulations akin to Europe and California’s laws this year— and the third time could be the charm, according to Reuven Carlyle, the state senator who has sponsored the...
Most live events simply aren’t an option due to the pandemic, but that isn’t stopping the FTC from cracking down on ticket scalper bots. The regulator has taken its first legal action using the Better Online Ticket Sales (BOTS) Act meant to punish...
TikTok is facing mounting concerns over its approach to younger users. The Guardian reports that Italy’s Data Protection Authority (DPA) has blocked TikTok for users whose age can’t be verified after a 10-year-old girl died while allegedly...
Is the regulatory crusade vs. Big Tech over? How Facebook, Google, and Amazon could fare under Biden administration
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Biden at his presidential kickoff rally in Philadelphia. (Wikimedia Photo / Michael Stokes)When President Joe Biden and Vice President Kamala Harris were sworn in Wednesday, they inherited a unique opportunity to rein in the technology industry. In addition to bipartisan support for some form of...
Nearly two years after filing charges, the European Union is demanding remedies from Valve and other publishers for geo-blocking games. The European Commission has fined Valve, Bandai Namco, Capcom, Focus Home, Koch Media and Bethesda owner ZeniMax...
A guide for entrepreneurs and investors....