In the wake of a record-breaking $2.8 billion fine on Alibaba for abusing a monopoly position in e-commerce, regulators have announced a fine on a somewhat smaller Chinese tech firm: the food delivery app Sherpa’s, or as it’s known to insiders, “Big English-Language, Shanghai-based Food...
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The latest wave of antitrust penalties for China tech giants shows that the crackdown has not ended, and will only grow in scope and...
The latest wave of antitrust penalties for China tech giants shows that the crackdown has not ended, and will only grow in scope and...
The latest wave of antitrust penalties for China tech giants shows that the crackdown has not ended, and will only grow in scope and...
China’s top antitrust regulator is looking into Tencent’s WeChat for monopolistic practices and how the popular messaging app had possibly squeezed smaller competitors, Reuters reported, citing anonymous sources. Why it matters: The latest development in China’s antitrust campaign...
Bookmark(0) Please login to bookmark Username or Email Address Password Remember Me No account yet? RegisterThe noose around collecting, processing, disseminating, storing, and publishing geospatial data and maps in India has been removed. The...
A Chinese Apple user has sued the American tech giant over its higher prices for apps and services compared with Android marketplaces, citing China’s antitrust law, local media reported on Wednesday.Why it matters: China has recently tightened regulations on tech companies’...
The App Store is reportedly looking a little different in China today. According to Reuters, Apple has removed roughly 39,000 games owned by developers and publishers that don’t have an ISBN (International Standard Book Number) from the Chinese...
Founder Mike Cagney is always pushing the envelope, and investors love him for it. Not long sexual harassment allegations prompted him to leave SoFi, the personal finance company that he cofounded in 2011, he raised $50 million for new lending startup called Figure that has since raised at least...
FCA Plans To Expand Its Money Laundering Crimes Oversight And Now Includes Crypto-Businesses
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Electroneum CEO Richard Ells says he embraces regulations that are aimed at protecting the people, while still allowing for crypto to help the unbanked and those who have no access to the global digital economyRead the full...
AI Weekly: Restricting surveillance technologies is a strong first step, but it’s not enough
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New laws and regulations are curbing law enforcement's use of surveillance technologies, but that might not be enough.Read...
The U.S. Federal Trade Commission (FTC) today announced a settlement of $150,000 with HyperBeard, the developer of a collection of children’s mobile games over violations of U.S. Children’s Online Privacy Protection Act Rule (COPPA Rule). The company’s applications had been downloaded more...
The World Health Organization (WHO) has declared coronavirus disease 2019 (COVID-19) a global pandemic Wednesday as the virus has rapidly spread t more than 121,000 people around the world, especially in Asia, the Middle East, Europe, and the United States. “WHO has been assessing this outbreak...