Britain’s competition watchdog said it was planning to investigate the market dominance of Apple Inc and Google’s mobile browsers, as well as the iPhone maker’s restrictions on cloud gaming through its app store. The Competition and Markets Authority (CMA) said on Friday it was also taking enforcement action against Alphabet Inc’s Google over its app […]
News
The U.S. Treasury on Tuesday announced the first state awards from a $10 billion COVID-19 aid program aimed at boosting broadband internet access in underserved communities, funding $583 million worth of projects in Virginia, West Virginia, Louisiana and New Hampshire. The Coronavirus Capital Projects Fund, a relatively unheralded portion of President Joe Biden’s $1.9 trillion […]
Spain’s High Court on Tuesday called the chief executive officer of Israel’s software firm NSO Group to testify as a witness in a case opened over the use of its Pegasus software to spy on Spanish politicians. Judge Jose Luis Calama will travel to Israel to question the CEO as part of a so-called rogatory […]
Apple will have to change the connector on iPhones sold in Europe by 2024 after EU countries and lawmakers agreed on Tuesday to a single mobile charging port for mobile phones, tablets and cameras in a world first. The political intervention, which the European Commission said would make life easier for consumers and save them […]
As the crypto winter creeps into June, the first signs of a thaw are emerging. Some investors are now betting that bitcoin is bottoming out, judging by the money heading into listed cryptocurrency funds, which represent just a slice of the market yet are popular among institutional and retail players alike. Overall flows into such […]
Wealth managers in Asia are holding back from offering digital assets to investors despite soaring demand due to a lack of understanding of these assets, according to an industry survey by consulting firm Accenture published on Monday. Global banks have been cautiously moving into crypto for several years, some building it within existing operations and […]
China’s Ant Group, a financial technology (fintech) giant controlled by billionaire Jack Ma, on Monday said it has launched a digital wholesale bank incorporated in Singapore, dubbed ANEXT Bank. ANEXT received approval from the Monetary Authority of Singapore (MAS) to commence business on June 2, Ant and wholly owned ANEXT said in a joint statement. […]
As Apple Inc rolls out its usual stream of upgrades to operating systems for its iPhones, iPads and Macs at its annual software developer conference Monday, analysts and developers will be scouring between the lines for any hints about how a future mixed-reality headset might work. That headset is likely to use cameras to pass […]
Better regulation of the fast-growing world of crypto assets is needed not to keep rich people from losing money but for the sake of everyone else, Federal Reserve Governor Christopher Waller said on Friday. “The main issue in crypto-asset regulation isn’t how to protect sophisticated crypto-investors; it’s how to protect the rest of us,” Waller […]
Indian cybersecurity rules due to come into force later this month will create an “environment of fear rather than trust”, a body representing top tech companies has warned the government, calling for a one-year delay before the rules take effect. The Internet and Mobile Association of India (IAMAI), which represents firms including Facebook, Google and […]