In a move that could establish a precedent for global lawmakers, Australia said it would create an office to police Google and Facebook. Governments from Europe to the U.S. have been working to face concerns from “fake news” to anti-trust issues, Reuters reported. Get the...
U.S. Attorney General William Barr met with a bipartisan group of state attorneys general on Thursday (July 25) to discuss competition and antitrust issues related to big tech companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Justice Department is right to be looking into Amazon’s practices as part of its antitrust review of big technology companies, Treasury Secretary Steven Mnuchin said Wednesday (July 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
For Facebook, it’s a $5 billion fine and a “fundamental shift” in how the social media giant addresses privacy practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The European Commission says it isn’t concerned about the lack of major fines against tech companies during the first year of its General Data Protection Regulation (GDPR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Justice Department (DOJ) is going to open a new, separate investigation into the potential antitrust activities of tech companies, compounding troubles for companies like Facebook, Apple and Google that are already the subject of probes by the DOJ and the Federal Trade Commission (FTC). ...
The Food and Drug Administration (FDA) has written a letter to Curaleaf regarding its alleged illegal selling of CBD products and its use of “unsubstantiated claims” about CBD being able to treat a range of ailments like cancer, Alzheimer’s disease, pain, pet anxiety and even...
The Federal Trade Commission will soon announce the details of a settlement with Facebook over privacy violations, according to a report by The Wall Street Journal on Monday (July 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
While we cannot accurately say that the two days Facebook’s David Marcus were the worst two days a Facebook executive has ever had in front of Congress, that statement is more a testament to how rough some of Facebook’s recent congressional hearing have been. It...