For Big Tech, a reckoning may be near for near-field communications. 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, PYMNTS Today. By completing...
The ongoing case of Citigroup‘s accidental $900 million payment to Revlon creditors may now have to be thrown out of court due to a mistake in where the lawsuit was filed, Bloomberg reported. Get the Full Story Complete the form to unlock this article and...
President-elect Joe Biden has announced a new director of the National Economic Council in Brian Deese, the current head of sustainable investing at BlackRock, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Like all regulations, the new Digital Services Act brewing in the European Union has its detractors (those who will be regulated) and its fans (those who are writing the regulations). Somewhere in between are consumers. And as the EU government plans on releasing a draft...
U.S. regulators are eyeing complaints that Facebook is muscling out the competition in the virtual reality area, as more than 40 states gear up to file an antitrust lawsuit against the company next week. The latest point of contention over antitrust issues comes after comments from Joe...
India, in a bid to curb antitrust concerns, is trying a new strategy, putting a 30 percent cap on what a single player can grab from transactions, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In the coming months, Big Tech will face considerable operational changes — and challenges — in Europe. After the General Data Protection Regulation (GDPR), which took root in 2018 and changed data collection and dissemination, now looms the Digital Services Act (DSA) — or package, when...
European Union competition watchdogs are looking to not only rein in today’s Big Tech online platforms, but also create rules that would prevent new companies from achieving market dominance in the future, a top EU regulator says. Get the Full Story Complete the form to...
U.S. President-elect Joe Biden has been urged by 32 antitrust consumer advocates and labor experts not to let Big Tech influence his administration, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...