SoftBank is looking to develop stricter regulations for startups in the wake of the near collapse of WeWork. Sources have said the Japanese powerhouse is expected to reveal its new standards and restrictions on dual-class share structures this week, which will apply to future investments...
A silver lining looms for Big Tech in the chaos that is Brexit. 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....
U.S. lawmakers proposed new legislation last week that would require internet platforms to more or less lay bare the intellectual property that drives their business model – their algorithms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Proposals in both chambers of Congress would limit the use of anonymous shell companies, impacting small businesses in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Proposed bipartisan legislation wants to make sure that search engines disclose the algorithms they use to determine what content to share, as well as enable consumers to opt for unfiltered searches if desired. Get the Full Story Complete the form to unlock this article and...
Shanghai regulators are ordering more than 40 peer-to-peer (P2P) lenders to get ready to close shop, the Financial Times (FT) reported on Thursday (Oct. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The EU Antitrust Chief Margrethe Vestager said she is considering holding large tech companies to a higher standard of proof when it comes to competition cases, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article...
HSBC executive Peter Wong is calling for China to relax regulations so that foreign banks can have an easier time obtaining licenses and raising deposits in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Asset managers like BlackRock and Vanguard, along with investment banks, have banded together to ask clearing houses to create larger safety buffers and more stringent standards to help stave off potential future trading losses. Get the Full Story Complete the form to unlock this article...