The People’s Bank of China is warning big technology companies in the country that they will be subject to the same antitrust scrutiny and measures as Alibaba’s FinTech affiliate Ant Group, Reuters reported on Thursday (July 8). Get the Full Story Complete the form to...
Google’s app store, Google Play, is the target of an antitrust lawsuit filed by dozens of states, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Republican members of the U.S. House Judiciary Committee outlined their framework for Big Tech regulation, which came on the heels of the advancement of six new bipartisan bills intended to curb anti-competitive practices, CNBC reported on Wednesday (July 7). Get the Full Story Complete the form to...
Didi, Tencent and Alibaba are among Chinese digital companies being fined by China’s official market regulator — the State Administration of Market Regulation (SAMR) — over merger and acquisition deals, Reuters reported on Wednesday (July 7). Get the Full Story Complete the form to unlock this...
Following a series of scandals, the European Commission wants to create a new Anti-Money Laundering Authority (AMLA), the Financial Times reported Wednesday (July 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Food delivery startup Foodinho was hit with a €2.6 million euro ($3.1 million) fine by Italy’s data protection watchdog following a probe of the delivery platform’s management of its 19,000 riders in the country, Reuters reported. Get the Full Story Complete the form to unlock...
Didi, the ride-hailing giant, has said it might see a revenue drop as of a new regulatory order to remove its apps from app stores in China amid cybersecurity investigations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Facebook, Twitter and Google are among the big companies threatening to quit offering services in Hong Kong if the authorities’ proposed changes pass, making those companies responsible for malicious sharing of individuals’ data on the internet, The Wall Street Journal (WSJ) wrote Monday (July 5)....
Margrethe Vestager, the European Commission (EC) executive vice-president and competition commissioner, said on Friday (July 2) that Apple can’t use privacy and security concerns to stifle competitors on its App Store, Yahoo Finance reported. Get the Full Story Complete the form to unlock this article...
