China is continuing its crusade to put the regulatory squeeze on Big Tech firms in the country, ordering them to reel in anti-competitive behaviors and threats to data security, among other issues, The Wall Street Journal (WSJ) reported on Monday (July 26), citing the country’s Ministry of...
President Joe Biden kicked off the month of July with a bang, signing a sweeping executive order (EO) aimed at promoting competitive markets across the U.S. economy and limiting what the White House has described as corporate dominance that puts consumers, workers and smaller companies...
Under the U.S. President Joe Biden administration, a lawsuit from the President Donald Trump era attempting to ban TikTok from American shores won’t be going forward, CNN reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The European Union is set to launch an antitrust investigation into Facebook’s acquisition of customer service startup Kustomer. 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...
The Philippines central bank, Bangko Sentral ng Pilipinas (BSP), has mandated that the social media platform Lyka to suspend its activities as an operator of payment systems (OPOs) as area officials crack down on FinTech rules. Get the Full Story Complete the form to unlock this...
The Federal Trade Commission (FTC) voted on Wednesday (July 21) to strengthen restrictions against policies that push consumers to use licensed dealers to repair products; everything from iPhones to farm equipment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Jonathan Kanter, a Google critic and progressive favorite, will lead President Joe Biden’s Justice Department antitrust division, CNBC writes. 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...
Europe’s General Court in Luxembourg has set November 10 as the date it will rule on Google’s challenge to the €2.4 billion ($2.8 billion) antitrust fine levied by the European Union (EU), Reuters reported on Tuesday (July 20), citing sources. The ruling is the first...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. 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 our daily newsletter,...