Big Tech

EU Beefs Up Antitrust Enforcement Team Aimed at Big Tech
EU Beefs Up Antitrust Enforcement Team Aimed at Big Tech
October 27, 2022  |  Regulation

The European Union (EU) reportedly aims to build a team comprised of 40 people to enforce the Digital Markets Act (DMA) rules aimed at Google,...

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Google Pays $100M for AI Avatar Startup Alter
Google Pays $100M for AI Avatar Startup Alter
October 27, 2022  |  Acquisitions

Google has reportedly acquired artificial intelligence (AI) avatar startup Alter — which was formerly known as Facemoji — for $100 million. Get the Full Story...

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Strong Local Trust in Nordic Wallets and Banks Is Moat for Big Tech
Strong Local Trust in Nordic Wallets and Banks Is Moat for Big Tech
October 27, 2022  |  Payments Innovation

Most Nordic countries have at least one nationwide payment scheme to which all financial institutions (FIs) are party. The idea is that a common rule...

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Zuckerberg Doubles-Down on Costly Metaverse Bet as Stock Slumps to 7-Year Low
Zuckerberg Doubles-Down on Costly Metaverse Bet as Stock Slumps to 7-Year Low
October 26, 2022  |  Meta

Another quarter, another huge earnings miss, another massive profit slide, and another nearly 20% drop in Meta’s share price. Get the Full Story Complete the...

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FCA Exploring Implications of Big Tech Entry Into Financial Services
FCA Exploring Implications of Big Tech Entry Into Financial Services
October 25, 2022  |  Big Tech

As the likes of Google and Apple have diversified their offering to include payments and other financial services, the U.K.’s Financial Conduct Authority (FCA) is...

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Google and Twitter Results May Hold Clues on Future of Crypto Payments
Google and Twitter Results May Hold Clues on Future of Crypto Payments
October 24, 2022  |  Cryptocurrency

As Wall Street investors brace for a raft of Big Tech earnings this week, the cryptocurrency world will have its eyes and ears fixed on...

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TechReg Weekly: EU, UAE Regulators Eye Data Protection Reform to Boost Innovation
TechReg Weekly: EU, UAE Regulators Eye Data Protection Reform to Boost Innovation
October 20, 2022  |  Regulation

Among the many ways digital technologies have shaped the way the world does business, the enhanced ability to collect and monetize customer data has been...

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EU Competition Officials Say Regulatory Tools Can Be Used in Metaverse
EU Competition Officials Say Regulatory Tools Can Be Used in Metaverse
October 19, 2022  |  Metaverse

Will metaverse markets be ones in which consumers and businesses can participate freely or ones in which dominant platforms and companies can control access and...

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Big Tech Eyes Untapped Cloud Opportunities in MEA Markets
Big Tech Eyes Untapped Cloud Opportunities in MEA Markets
October 17, 2022  |  Big Tech

In recent years, cloud data centers and the scalable server power they provide businesses have emerged as one of the most critical infrastructural components of...

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