The Competition and Markets Authority on Friday (Feb. 4) announced it has fined Meta 1.5 million pounds (more than $2 million) for failing to tell the U.K. regulator about key staff leaving the social media company, a condition of its initial enforcement order. Get the...
Google just completed a week with more news headlines than it probably wanted. Some of them were very positive, like earnings in the last quarter going up 32% year-over-year. Some of them were less positive, like the approval by the Senate Panel of the Open...
European Commission President Ursula von der Leyen announced on Thursday (Feb. 3) that the commission will propose new legislation to deal with microchip shortages in Europe, the European Chips Act, as early as next week. Get the Full Story Complete the form to unlock this...
The Senate Judiciary Committee has passed a tech competition bill that targets the Google and Apple app stores and the restrictions they place on developers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
It was a tough day for Sarah Bloom Raskin, who has been president’s pick to hold a key post at the Federal Reserve Board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Lenders to the Indian department store chain Future Retail have told the country’s Supreme Court that the chain’s assets should be auctioned off to cover missed payments.Lenders to the Indian department store chain Future Retail have told the country’s Supreme Court that the chain’s assets...
Rival social media giants Facebook (Meta), TikTok, Twitter and YouTube have united to sue the German government over its strengthened online hate speech law, Politico reported Wednesday (Feb 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Following years of investigation, a European national authority has ruled that the region’s AdTech industry has violated privacy regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Nearly 54,000 Tesla vehicles came to a complete stop last week after the electric car maker discovered a software malfunction, according to documents filed by the California-based manufacturer with federal regulators. Get the Full Story Complete the form to unlock this article and enjoy unlimited...