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Big Tech
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964RegulationNJ Legislators Propose Tighter Data Privacy Regulations
Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The...
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2.0KMerchant InnovationDATA: How FI’s Innovation Gap Is Big Tech’s Big Opportunity
If we had to pick a favorite highly quoted Jeff Bezos aphorism, “your margin is my opportunity” would almost certainly be a...
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1.4KLegalOracle Says It Backs Groups Taking On Big Tech Rivals
Oracle is among the donors of the Internet Accountability Project (IAP), which aims to fight against the dominance of Big Tech. California-based Oracle...
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1.6KRegulationEU Eyes Single European Data Market
In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. As reported mid...
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2.7KTaxesG20 Determined To Change How Big Tech Is Taxed
G20 officials want to optimize taxes from tech giants like Google in a bid to help raise revenues in countries around the...
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2.1KNewsDelivery Wars, B2B Payments, Cereal Makers Top This Week’s News
It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest...
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1.8KeCommerceJapan Takes Aim At Big Tech eCommerce Transparency
Earlier this week, Japan’s cabinet proposed a bill that seeks to, as reported by the country’s national daily, The Mainichi, “improve contract...
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2.0KNewsToday In Payments: EU Wants PSD2-Like Regs For Big Tech Data; Goldman Sachs Warns Of Market Drop Due To Coronavirus
In today’s top news, the European Commission has plans to pool its data to better compete with Big Tech firms, and Goldman...
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3.0KMobile ApplicationsNew Data: Banks Could Lose A Quarter Of Their Customers To Tech Giants
Google, Amazon and Apple already loom large in nearly every area of consumers’ lives, whether in the form of smart speakers, cloud-computing...
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2.4KEuropeEU Wants PSD2-Like Regs For Big Tech Data
The European Commission is planning a single European market for data, in hopes that by pooling talent, the region can compete with...
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1.3KRegulationIn the UK, (More) Web Content Regulation Looms
In the U.K., increased regulation over content delivered online through platforms may be on the horizon. This past week, Britain’s federal government...
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2.1KGoogleGoogle’s Waze Acquisition Likely Target Of FTC Scrutiny
The U.S. Federal Trade Commission (FTC) is investigating acquisitions made by big tech firms in the past 10 years and has a...
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4.7KInternationalMobile World Congress Canceled Due To Coronavirus
The Mobile World Congress (MWC), one of the world’s largest tech shows that features over 100,000 participants each year, has been canceled...
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2.3KSizzle/FizzleCoronavirus Threatens To Leave U.S. Store Shelves Bare
The death toll from the coronavirus is mounting. The global impact is worsening. And business, increasingly, is feeling the pinch. A few...
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2.1KRegulationZuckerberg To Meet With EU Regulators Prior To Big Tech Proposals
Facebook CEO Mark Zuckerberg has scheduled meetings with European Union (EU) regulators ahead of an official proposal presentation to create a new...
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2.5KANTITRUSTFTC Big Tech Probe To Examine Acquisitions
A Federal Trade Commission (FTC) investigation into the biggest five tech companies in the U.S. has expanded with a new inquiry about...
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1.6KRegulationUK Watchdog Seeks Tighter Grip On US Big Tech
The U.K.’s Competition and Markets Authority (CMA) is pushing for more leeway to go after U.S. Big Tech firms in the wake...
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2.5KRegulationEU Regulators Want Single Data Market In Europe
In Europe, another regulatory salvo may be aimed at U.S. tech firms’ dominance across online platforms, and the collection and use of...
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2.5KSizzle/FizzleBig Fizzle: MoviePass Passes Away
And so it all ends in disappointment, like the umpteenth installment of a Stallone or Schwarzenegger franchise. For MoviePass and its parent...
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2.0KInternationalEU Wants To Create Single Market Of Data To Offset Big U.S. Tech Companies
The European Union (EU) wants to create a single market of data that will challenge the dominance of private companies like Amazon...
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2.3KEuropePremium Labels Ask EU To Crack Down On Big Tech
European luxury brands are asking EU regulators to be harder on online tech giants like Amazon and Alibaba regarding fakes and privacy,...
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2.2KRegulationBig Tech Firms Call For Industry Regulations
Big Tech companies like Apple and Facebook have lately had a contentious relationship with regulators and lawmakers over issues like privacy, use...
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2.8KLegalDOJ To Review Liability Law For Online Content Companies
The U.S. Department of Justice (DOJ) is organizing a workshop to review a federal law that predominantly releases websites from legal culpability...
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1.9KInternationalManufacturing, Big Tech And Valuations Among Davos Day One Focus
The first day of Davos — the annual meeting of the World Economic Forum held in Switzerland — featured panels and commentary...
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2.1KNewsTop News In Payments: India Uber Eats Sold To Zomato; JPMorgan Creates $100B Funding Arm For UN
In today’s top news, Uber sells its India food delivery service to Zomato for a stake in the business, and JPMorgan created...
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1.8KInternationalFrance Agrees To Defer Big Tech Tax After US Threatens Tariffs
France will postpone payment requirements on its newly levied digital services tax aimed at large tech companies like Facebook and Google due...
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3.4KDataHospitals’ Sharing Of Patient Data Extends To Other Big Tech Players
In the latest example of hospitals’ influence in the data economy, Microsoft and Amazon now have access to patient records. The deal,...
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3.3KANTITRUSTLawmakers Get Earful About Big Tech Biz Practices From Smaller Tech Players
Too big, too dominant — and anticompetitive, to boot. To that end, at a House Judiciary Committee “field” hearing in Colorado, titled...
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2.8KArtificial IntelligenceGoogle CEO Calls For AI Governance
In a Sunday opinion column in The Financial Times (FT), Google and Alphabet chief executive officer (CEO) Sundar Pichai wrote about the...
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3.1KSecurity & FraudUK Regulators’ Data Violations Fines Top $126.5M
Regulators in the U.K. have levied €114 million ($126 million) in fines for data violations since instituting new stronger privacy mandates in...
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4.5KAmazonAmazon’s Market Value Projected To Exceed $1T Once Again
Amazon might become a part of the so-called trillion-dollar club once again. The club is the collection of firms that have a...
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2.6KRegulation RoundupDigital Taxes, Big Tech In Regulatory Focus As 2020 Dawns
As 2020 dawns, regulators are continuing to focus on taxes and possible anti-competitive behavior on the part of tech’s marquee names. Russian...
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3.3KSizzle/FizzleRetail Crisis In U.S., U.K. A Fizzle For 2020?
Call it a crisis that crosses the pond, will last into 2020 and, likely, beyond. Looking past the cheerful numbers tied to...
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4.5KInternationalRussian Regulators To Crack Down On US Big Tech In 2020
New Russian protectionist legislation takes aim at U.S. Big Tech companies as additional laws are being prepped to restrict content. According to...
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6.9KKaren Webster52 Monday Conversations About Payments In 2019
Mondays have a bad reputation, and that’s understandable. The magic of the weekend is fading into memory, and sometimes even the strongest...
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2.6KInternationalItaly To Start Taxing Big Tech Firms On Jan. 1
Italy has announced that it’s going to follow in France’s footsteps and tax big tech companies, a move that threatens to further...
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3.5KRegulationUK To Launch Big Tech Regulator Post-Brexit
The United Kingdom will create a technology regulator next year after Brexit is completed, according to a report by the Financial Times....
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2.0KInternationalJapan Passes Bill To Increase Big Tech Oversight
In a move to prevent technology giants from having an unfair advantage, Japan is planning to increase regulations and demand transparency, Reuters...
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3.1KNewsApple’s Tim Cook Says Not All Monopolies Are Bad
When is a monopoly not a threat? Maybe when you’re the monopoly. We make that statement a bit tongue in cheek, of...
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2.0KANTITRUSTDOJ To Wrap Up Probe Into Facebook, Google, Amazon, Apple In 2020
U.S. Attorney General William Barr said that he wants the government probes into big tech companies completed by 2020, according to a...
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3.0KNewsTop News In Payments: Goldman To Launch Robo Advisor; Regulators Want Monitoring Of Big Tech Data Use
In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers,...
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6.8KRegulationRegulators Call For ‘Vigilant Monitoring’ Of Big Tech’s Financial Data Use
As a way to prevent unfair competition, the Financial Stability Board (FSB) said in a report on Sunday (Dec. 8) that there...
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2.2KGoogleGoogle Data Practices Under EU Antitrust Scrutiny
EU antitrust regulators are probing Google to see how the search giant uses and monetizes the data it collects on users, Reuters...
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2.2KLegalSenators Introduce Sweeping Online Privacy Legislation
A group of key Senate Democrats on Tuesday (Nov. 26) unveiled a far-reaching online privacy bill that levies tough new punishments for...
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7.0KPayments InnovationDoes ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?
Banks and credit unions are certainly not on their way out, even as they face more pressure from challenger banks, FinTechs and...
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2.1KSizzle/FizzleBetting On A Big Mall Fizzle
The holidays are approaching. The money that comes into retailers’ coffers at brick-and-mortar locations will filter up to pay the landlord; the...
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3.2KSecurity & FraudSecurity Concerns Prompt Fed To Strengthen Big Tech Oversight
Ongoing security concerns have prompted the Federal Reserve to further scrutinize big tech firms that serve the banking industry, The Wall Street...
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2.9KPoliticsObama Warns Of The Dangers Of ‘Big Disruptive’ Tech
Former U.S. President Barack Obama is concerned about the impact technology can have on society. “Big disruptive” information technologies can sometimes be...
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2.1KInvestmentsWill 2019’s Tech Stock Rise Be Undone In 2020 By Regulators’ Probes?
How do you value a company if you don’t know what the company will look like? It seems a fair question to...
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1.8KANTITRUSTInvestigations Of Big Tech Look Set To Multiply Across DOJ, FTC
For Big Tech: More investigations, and broader ones, too. On a number of fronts. News comes, as reported by The New York...
