Epic Games said Wednesday it filed an antitrust complaint against Apple with European Union regulators, opening a new front in its war with the tech giant over app store payments. Epic, which makes the popular video game Fortnite, is locked in a battle with Apple over the app store, which takes a 30% cut from […]
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Amsterdam-based telecoms provider United Group acquired earlier this week 100 percent of the share capital in both Bulgarian operators Net1 and ComNet Sofia, as it expands its foothold in the country. The deal – which was settled at an undisclosed sum – will be carried out as an add-on acquisition by Vivacom, United’s Bulgarian operator, […]
A lack of competition for Google and a lack of transparency in the digital advertising supply chain needed to be addressed because they were impacting publishers, advertisers and consumers, Australia’s competition watchdog said on Thursday. The Australian Competition and Consumer Commission released its interim report on its inquiry into the Google-dominated digital advertising services industry […]
Many of Big Tech’s expected future regulatory challenges are a result of their own making – as in the case of Facebook, Google, and Amazon. These companies are being charged by some countries with monopolistic tendencies, prompting some of the regulators in states to send warnings to these firms so they can get their act […]
Australia’s competition regulator on Tuesday delayed for three months its decision on Google’s plan to buy fitness gadget maker Fitbit for $2.1 billion despite the European Union giving conditional approval to the deal. The European Union regulators last week approved the deal after Google promised to restrict user data and ensure Android phones work with […]
Social media and other internet companies face big fines in Britain if they don’t remove and limit the spread of harmful material such as child sexual abuse or terrorist content and protect users on their platforms, officials said Tuesday. Separately, Irish regulators fined Twitter for a data breach, in the first penalty for a U.S. […]
The head of the Food and Drug Administration says his agency has told Pfizer that it “will rapidly work” to grant emergency use of its COVID-19 vaccine following a positive recommendation by government advisers. The FDA decision will kickstart an unprecedented vaccination campaign needed to eventually defeat the virus. The FDA’s greenlight of the vaccine, […]
We have reached a point in our modern society where smartphones and mobile connectivity are essential to perform any task, from the menial to the complex; mobile phones currently represent the device championing digital transformation. Smartphones offer users access to countless services such as banking, insurance, e-commerce, travel, and even transportation, all while laying the […]
The giant tech companies whose services are woven into the fabric of social life are now the targets of a widening assault by government competition enforcers. Regulators filed landmark antitrust lawsuits Wednesday against Facebook, the second major government offensive this year against once seemingly untouchable tech behemoths. The Federal Trade Commission and 48 states and […]
By KELVIN CHAN AP Business Writer LONDON (AP) — Britain plans to create a new watchdog to police big tech companies including Google and Facebook to counter their market dominance and prevent them from exploiting consumers and small businesses. The U.K. government said Friday that it’s setting up a “Digital Markets Unit” next year to […]