The European Union’s move on Tuesday to investigate Google over alleged antitrust behavior in the digital ad tech sector is the bloc’s latest crackdown on U.S. tech giants. Here’s a look at enforcement actions taken by the EU’s competition commissioner, Margrethe Vestager, in recent years, as well as actions by U.S. antitrust regulators and states. […]
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Without speaking a word or scratching a pen across paper, President Joe Biden drove up the pressure on Big Tech companies already smarting under federal and congressional investigations, epic antitrust lawsuits and near-constant condemnation from politicians of both parties. Biden last week elevated a fierce critic of Big Tech, antitrust legal scholar Lina Khan, to […]
National data watchdogs will be able to pursue big tech firms even if they are not their lead regulators, the European Union’s top court has ruled. The Court of Justice of the European Union (ECJ) ruling opens the way for national agencies to act against US tech companies such as Google, Twitter and Apple which […]
A day after her interview for a part-time job at Target last year, Dana Anthony got an email informing her she didn’t make the cut. Anthony didn’t know why — a situation common to most job seekers at one point or another. But she also had no sense at all of how the interview had […]
Irish data watchdog has granted social media giant Facebook six weeks to respond to an investigation that looks to ban its transatlantic data transfers, as a court ruling allowed for the probe to continue. The inquiry was launched back in August 2020 by Ireland’s Data Protection Commissioner (DPC) labelling the social media giant’s data transfer […]
Even by Bitcoin’s standards, Wednesday was pretty wild. The price of the famously volatile digital currency fell nearly 30% at one point after the China Banking Association warned member banks of the risks associated with digital currencies. The decline narrowed to below 10% in the afternoon, but Bitcoin had still lost about $70 billion in […]
A German privacy watchdog banned Facebook on Tuesday from gathering data on users of its WhatsApp chat app, citing an update to its privacy policy that it said breaches stringent European data protection rules. Hamburg’s data protection commissioner, Johannes Caspar, said he issued an emergency three-month order prohibiting the social network from processing WhatsApp personal […]
Spain approved a pioneering law Tuesday that gives delivery platforms a mid-August deadline to hire workers currently freelancing for them and that requires transparency of artificial intelligence used to manage workforces. The royal decree passed by the center-left ruling coalition immediately affects some 30,000 couriers. It comes in the wake of a ruling by Spain’s […]
A cyberattack on a critical U.S. pipeline is sending ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation’s aging energy infrastructure. The Colonial Pipeline, which delivers about 45% of the fuel used along the Eastern Seaboard, shut down Friday after a ransomware attack by gang of criminal hackers that calls itself DarkSide. Depending […]
The president of Toshiba Corp. stepped down Wednesday, a week after the the Japanese technology and manufacturing giant said it was studying an acquisition proposal from a global fund where he previously worked. Nobuaki Kurumatani tendered his resignation at a board meeting, and the board accepted, effective Wednesday, Tokyo-based Toshiba said in a statement. Kurumatani […]