Australia considering new laws for Apple, Google, WeChat digital wallets
The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple (AAPL.O) and Alphabet’s Google (GOOGL.O).
EXCLUSIVE Ex-director seeks to stall $2 bln Paytm IPO, company calls it harassment
Paytm’s $2.2 billion IPO is facing an unusual hurdle – a 71-year-old former director has urged India’s markets regulator to stall the offering, alleging he is a co-founder who invested $27,500 two decades ago but never got shares.
Zoom is accused of invading people’s privacy!
Zoom is a U.S. communications technology firm, based in San Jose, California. It offers online video telephony and chats services via a peer-to-peer software cloud platform used for teleconferencing, telecom, distance learning, and social connections. In 2011, Zoom was established by Eric Yuan, former Cisco engineer, and executive, who launched this software in 2013 Zoom […]
Google parent Alphabet reaches record quarterly revenue, profit in ad boom
Google parent Alphabet Inc’s (GOOGL.O) quarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by a rise in advertising spending as more consumers shopped online.
France fines Google 500 mln euros over copyright row
PARIS, July 13 (Reuters) – France’s antitrust watchdog slapped a 500 million euro ($593 million) fine on Alphabet’s Google (GOOGL.O) on Tuesday for failing to comply with the regulator’s orders on how to conduct talks with the country’s news publishers in a row over copyright. The fine comes amid increasing international pressure on online platforms such as […]
Sundar Pichai, the CEO of Google, has issued a warning about risks to internet freedom
Google CEO Sundar Pichai recently emphasized that the free and open internet seems to be in danger in countries across the world. Many governments, he claims, limit sharing of information, as well as the concept is frequently overlooked. Pichai also discusses problems surrounding tax, privacy, and data in an in-depth interview with the BBC. He […]
Google to fight EU antitrust fine at court hearing from Sept. 27 – sources
Alphabet (GOOGL.O) unit Google will seek to overturn a record 4.34-billion-euro ($5.15 billion) EU antitrust fine at a five-day hearing in September at Europe’s second-highest court, people familiar with the matter said.
Virus variants threaten global recovery, G20 warns
An upsurge in new coronavirus variants and poor access to vaccines in developing countries threaten the global economic recovery, finance ministers of the world’s 20 largest economies warned on Saturday.
Exclusive: Google deal with French publishers on hold pending antitrust decision
Google (GOOGL.O) has put on hold a preliminary deal with some French publishers to pay for news content as it awaits an antitrust decision that could set the tone for copyright talks on online news in Europe, two sources close to the matter said.
Exclusive: White House order pushes antitrust enforcement throughout U.S. economy
The White House is working on an antitrust executive order that aims to push government agencies to consider how their decisions will impact competition in an industry, according to two sources familiar with the matter.
