Assembly Bill 5, the 2019 California legislation that moved to force gig economy firms — most notably Uber and Lyft — to reclassify their workers as employees as opposed to independent contractors has had its first hearing in front of California’s 1st District Court of...
Amazon faces what could be a major shift in direction in the now more than year-long investigation into the online shopping and tech giant by European Union antitrust regulators. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Here’s the latest news from Big Tech firms, which are coming under increasing scrutiny from regulators and politicians from the U.S. to Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A federal judge Friday (Oct.9) denied a request by Epic Games to make Apple reinstate Epic’s Fortnite game on its App Store before a lawsuit Epic brought against Apple is resolved at trial, according to The Wall Street Journal (WSJ). Get the Full Story Complete...
Britain’s top antitrust regulator proposed Friday (Oct. 9) that the country contemplate creating a new regulatory unit whose approval would be required before any dominant technology company could make an acquisition in the country. Get the Full Story Complete the form to unlock this article...
Makan Delrahim, the U.S. Justice Department’s top enforcer of antitrust laws, is likely to leave his post early in calendar 2021 regardless of the outcome of the Nov. 3 presidential election, Reuters reported on Thursday (Oct. 8). Get the Full Story Complete the form to...
The U.S. is appealing a temporary block on President Donald Trump’s ban on TikTok, Bloomberg reported. 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...
The country’s four largest tech firms wasted no time pushing back on a congressional antitrust report that suggested Amazon, Apple, Facebook and Google have become too powerful and might need to be broken up. Get the Full Story Complete the form to unlock this article...
Federal banking regulators have fined Citigroup $400 million, ordering the third-largest U.S. bank to fix the “significant ongoing deficiencies” in its risk management systems, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
