Chinese watchdogs backed their regulatory scrutiny on their tech sector as they spoke on Tuesday with Wall Street executives disclosing that regulations are meant to enforce tech companies, not crush them. Fang Xinghai, China’s Securities Regulatory Commission Vice Chairman, told the executives that the government’s latest conduct on tech firms was aimed to enhance their regulations, in addition to bolstering national security and data privacy. […]
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Ahead of Russia’s Sept. 17-19 parliamentary vote, foreign tech companies received a threat that made it clear that there will be sizeable fines if they fail to delete content Moscow doesn’t approve of. As cited by Reuters, Russia’s governmental officials have pointed the finger at foreign firms, accusing them of meddling with their efforts to […]
Amidst Beijing’s latest regulatory wave to impose dominion on its tech sector, China’s Big Tech shares drastically dropped on Monday as the country’s watchdogs intend to break down Ant Group Co.’s Alipay, at a speed the U.S. and the European Union cannot fathom or dare to indulge in. Following a Financial Times report stating that Beijing is […]
Apple revealed earlier today that it won’t allow Epic games to join its App Store until the two companies come to an agreement to “play by the same rules as everyone else,” following a prohibition of re-releasing Fortnite for iOS in South Korea. In August, a South Korean bill was passed forbidding search engine giant […]
Texas is one step further from passing a law cracking down on tech giants trying to moderate political content online. The bill outlaw’s social media companies that have over 50 million users, which include Facebook and Twitter, to censor users and content that is geared towards a political side. Hence, any Texas resident unable to […]
Microsoft’s accommodations to President Joe Biden’s executive order to hinder cyberattacks on the U.S. will support public and private sectors in establishing the right infrastructure for a bolstered up Zero Trust network security model. After a full year of ransomware and supply chain attacks, Microsoft is one of 18 cybersecurity firms selected to work in […]
China’s regulatory officials revealed at a state council briefing on Tuesday that the upcoming set of regulations concerning the state’s vital information infrastructure will not be steered towards companies drafting foreign IPOs. While the magnitude of imposed regulations increased in the past couple of months, leading to an elevated reflection on China’s tech industry, the […]
Microsoft’s Power Apps platform exposed 38 million records of critical personal data of 47 organizations due to “platform issues,” a report by U.S.-based information security company, UpGuard revealed on Monday. UpGuard’s research team disclosed various data breaches caused by Microsoft’s Power Apps platform, granting public access leading to the latest trail of data exposure. Leaked […]
Japan’s global chip manufacturing thrown is finally usurped as it fears U.S.’s tactics of pouring billions of dollars to deflect from China’s overtake of Japan’s semiconductor industry. The time has come, after three long decades overwhelmed with success in the chip manufacturing industry, Japan’s industry ministry announced that the nation’s share of the world’s chip […]
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 […]