Legislators in the European Union have informed Alphabet, Facebook, Apple and Amazon that they are open to delaying a potential hearing beyond Feb. 1, its initially scheduled date, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Uber’s planned acquisition of Autocab is being investigated by the U.K.’s Competition and Markets Authority (CMA) for suspected anticompetitive behavior, Reuters reported on Friday (Jan. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Responding to pressure from Chinese finance regulators, Jack Ma will restructure Ant Group into a financial holding company, The Wall Street Journal reported on Wednesday (Jan. 27), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Sen. Amy Klobuchar is set to introduce a new bill to curb corporate monopoly power, particularly aiming at Big Tech, The New York Times (NYT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. 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...
Amazon is upping its legal battle against Reliance Retail’s $3.4 billion acquisition of Future Group’s retail assets. This time around, it is even asking that an Indian court send Future’s Founder Kishore Biyani to prison and seize his assets, Bloomberg reported. Get the Full Story Complete...
India’s central bank wants stricter regulations for big shadow lenders, according to a new report from Bloomberg. 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...
The Senate Finance Committee voted 26-0 in favor of Janet Yellen’s appointment as the 78th secretary of the Treasury, with an anticipated move to the Senate floor for confirmation before the end of day on Friday (Jan. 22), CNBC reported. Get the Full Story Complete...
Within days of the European Union saying it was probing Alphabet‘s advertising and data collection processes, Alphabet CEO Sundar Pichai is set to converse with European Commission Digital Affairs and Antitrust Chief Margrethe Vestager, Bloomberg reported. Get the Full Story Complete the form to unlock this...
