April 24, 2024
Western Union’s Digital Transactions Surge 13%

Western Union’s first quarter results took note of continued shifts to digital channels to send money across borders. Branded digital transactions grew by 13% year over year (YoY), the company...

April 24, 2024
TikTok Suspends Rewards Program Amid EU Pressure

TikTok has suspended a rewards program on TikTok Lite amid a dispute with European Union (EU) regulators. “TikTok always seeks to engage constructively with the EU Commission and other regulators,” the TikTok Policy...

April 24, 2024
TikTok Divesture Aftermath Focuses on Potential Suitors

The clock is running out on TikTok’s U.S. ambitions. President Joe Biden on Wednesday (April 24) signed a bipartisan measure that gives TikTok’s owner, Chinese tech giant ByteDance, nine months...

April 24, 2024
Tuta Mail Raises Alarm Over Google Search Ranking Plunge Amidst...

Tuta Mail, a prominent German encrypted email service, has raised concerns over a significant drop in its visibility on Google search results coinciding with the enforcement of the European Union’s...

April 23, 2024
EU Conducts First-Ever Raids on a Company Under Foreign Subsidies...

The European Commission made history on Tuesday by initiating its first unannounced raid under the Foreign Subsidies Regulation. These surprise raids were carried out at a company operating in the...

April 23, 2024
Google Aims to Move Faster to Meet ‘Systemic’ Challenges

Google aims to move faster and get closer to its customers as it meets “systemic” challenges. Prabhakar Raghavan, senior vice president at Google responsible for search, assistant, geo, ads, commerceand...

April 22, 2024
FTC Throws the Bag: Tapestry’s Capri Deal Blocked Over Market...

The United States Federal Trade Commission (FTC) has taken legal action to stop Tapestry’s $8.5 billion bid to acquire Capri, the parent company of Michael Kors. The move follows concerns...

April 22, 2024
Andreas Schwab Reflects on Calls for Dynamic Enforcement in Digital...

Andreas Schwab, a member of the European Parliament, delivered the opening remarks at the inaugural European conference “Dynamic Competition in Dynamic Markets: Charting the Path Forward?” organized by CPI in...

April 22, 2024
EU Threatens Suspension of TikTok Lite’s Reward Program

The European Union (EU) is considering the suspension of TikTok Lite’s rewards program within its jurisdiction. The European Commission issued a stern warning to TikTok, giving the company a deadline...