The European Union’s Digital Markets Act is coming, and Big Tech will never be the same. In theory. 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 to...
Legislation regulating Big Tech should be approved ASAP by the European Parliament and European Council because “it is best to get 80 percent now than 100 percent never” the European Union (EU) competition and digital policy head Margrethe Vestager said ahead of the FT-ETNO Tech...
The European Parliament Committee on Internal Market and Consumer Protection (IMCO) has approved the Digital Markets Act (DMA) to put more stringent rules about big social media platforms in place. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
On the surface, it sounds good. Acting Comptroller of the Currency Michael Hsu confirmed that banks can hold cryptocurrencies for customers, can hold dollar reserves for stablecoin issuers and can use stablecoins to make payments. Get the Full Story Complete the form to unlock this...
Apple has filed a lawsuit against the NSO Group, an Israeli company that sells software to government and law enforcement agencies to let them hack iPhones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A lawsuit over an alleged crypto Ponzi scheme dating back to 2014 may have thrown a big wrench into the U.S. Securities and Exchange Commission’s argument that nearly all cryptocurrencies are securities over which it has authority. Get the Full Story Complete the form to...
Italy’s antitrust authority fined Amazon.com and Apple, Inc., more than 200 million euros ($225 million) for alleged anti-competitive cooperation related to the sales of Apple and Beats products, according to a Reuters report Tuesday (Nov. 23). Get the Full Story Complete the form to unlock...
Several Chinese companies, including Alibaba, Baidu and JD.com will have $78,000 in fines levied against them stemming from 43 acquisitions that were said to breach the country’s anti-monopoly regulations, according to a Reuters report. Get the Full Story Complete the form to unlock this article...
The U.S. Chamber of Commerce has accused Federal Trade Commission Chairwoman Lina Khan of overstepping her agency’s authority. 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 to...
