Germany’s Hamburg privacy watchdog warned its government on Monday that the use of Zoom’s on-demand videoconferencing violates the EU’s privacy laws. Privacy advocates considered that the use of the U.S.-based service will lead to the transmission of EU data to the company’s hometown. “The transmission of data is said to reach the U.S., which violates […]
Search results for "dog"
After helping a new generation of investors get into stocks, Robinhood is increasingly doing the same for cryptocurrencies. More than $4 of every $10 that Robinhood Markets Inc. made in revenue during the spring came just from customers trading dogecoin, bitcoin and other cryptocurrencies. Robinhood also said Wednesday that it lost $501.7 million, or $2.16 […]
A Moscow court penalized on Tuesday Alphabet Inc’s Google with a sum of $142,877 for violating the state’s rules on prohibited content, amidst the latest clash between Big Tech companies and the Russian state. The Tagansky District Court fined search engine titan Google with five independent fines of approximately $190,000 for not deleting content banned […]
U.S. Senate introduced on Wednesday its latest bill directed at tech powerhouses Google and Apple to restrain their app stores’ influence on the market. The “Open App Market Act,” initiated and sponsored by senators Richard Blumenthal, Amy Klobuchar, and Marsha Blackburn would play a restrictive role in some of the largest app marketplaces, which according […]
The Chinese government revealed on Wednesday a five-year plan sketching the state’s scheme to strengthen its regulation grasp on much of its economy. The documentation, referencing Chairman Mao, came as a follow-up to Beijing’s recent regulations wave targeting the nation’s various industries and sectors. Beijing’s plan clarifies that additional rules will be endorsed to empower […]
After doubling its value in only six months, Reddit, the social networking site often labeled as the front page of the internet, is now worth more than $10 billion after earning $410 million in funding. The company announced the milestone through an in-depth interview with The New York Times, in which Reddit’s co-founder and CEO Steve Huffman disclosed how the company managed to raise its value in a short […]
As a highlight of many tech company calendars, Mobile World Congress (MWC) was sorely missed in 2020. Back with an albeit smaller, socially distanced bang in June 2021, MWC still didn’t disappoint. One of the event’s greatest takeaways was that — whether telcos are ready or not — we’re entering a new, digital era. Let’s […]
Ethiopia will allow the Safaricom-led consortium to offer mobile money services throughout the country, signaling the end of Ethio Telecom’s monopoly over the service, local media reported late last week. This step follows the government’s announcement earlier last week of re-opening bidding on second operator license including the right to operate mobile financial services. Previously, any new entrant was barred from offering any mobile money based […]
The U.S. has expressed its support toward Brazil’s proposal of becoming a NATO partner but stressed its concerns regarding the Latin American country’s business with Chinese telecoms titan Huawei within its 5G telecoms network, White House officials told reporters on Monday. During a trip to Brazil last week, U.S. National Security Advisor notified President Jair Bolsonaro of the state’s concerns in partnering with Huawei citing cybersecurity […]
European Union regulators are opening an in-depth investigation of Facebook’s plan to buy Kustomer over concerns that the deal would stifle competition for customer relationship management software. The EU Commission said Monday it’s also investigating the acquisition because of worries that Facebook would get more data for personalized ads, handing it even more of an […]