Search results for "tech companies "

Facebook Whistleblower sets stage for louder EU regulations

After a whistleblower uncovered to the U.S. Congress Facebook’s misleading workflow, the European Parliament will fortify regulations on key players in the tech league, with global forces joining the operation. The EU’s proposal will aim at European companies alongside the Big Tech giants, Facebook, Alphabet Inc. entity Google, Amazon, Apple, and Microsoft. One of the […]

EXPLAINER: Why Facebook is holding off on kids' Instagram

Bowing — perhaps only for a moment — to pressure from lawmakers, critics, the media and child development experts, Facebook said Monday it will “pause” its work on a kids’ version of its photo and video-oriented Instagram app. But what’s not yet clear is just how seriously Facebook is taking the concerns of experts and […]

Apple, Google raise new concerns by yanking Russian app

BERKELEY, Calif. (AP) — Big Tech companies that operate around the globe have long promised to obey local laws and to protect civil rights while doing business. But when Apple and Google capitulated to Russian demands and removed a political-opposition app from their local app stores, it raised worries that two of the world’s most […]

CFTC delves into Binance’s insider trading conduct

U.S. Commodity Futures Trading Commission (CFTC) sharpens its regulatory gaze as it initiated a condensed investigation into cryptocurrency trading platform Binance Holdings Ltd. for probable crypto exchange abuse for insider trading and market manipulation, according to Bloomberg.  It seems that even though not everyone can stand its probing scrutiny, the U.S. is feeding its recently found […]

China’s cloud market next in line for regulatory scrutiny

In its latest regulatory maneuver, China proceeds to aim its regulatory glaze at its Big Tech giants by demanding to end a long-established practice of prohibiting each other’s connection on their sites, a move that could result in catastrophic consequences on its domestic market and China-based companies’ stakes. Beijing’s move raised the distress level amongst […]

Microsoft return to U.S. offices delayed indefinitely

Microsoft told employees Thursday that it has indefinitely delayed their return to U.S. offices until it’s safer to do so. “Given the uncertainty of COVID-19, we’ve decided against attempting to forecast a new date for a full reopening of our U.S. work sites,” Jared Spataro, a corporate vice president, wrote in a blog post. Microsoft […]

Irish watchdog fines WhatsApp $267M after EU privacy probe

Ireland’s privacy watchdog has fined WhatsApp a record 225 million euros ($267 million) after an investigation found it breached stringent European Union data protection rules on transparency about sharing people’s data with other Facebook companies. The Data Protection Commission said Thursday that it was also ordering WhatsApp to take “remedial actions” to change the way […]

Google appeals $591M French fine in copyright payment spat

Google is appealing a 500 million euro ($591 million) fine issued by French regulators over its handling of negotiations with publishers in a dispute over copyright. The dispute is part of a larger battle by authorities in Europe and elsewhere to force Google and other tech companies to compensate publishers for content. “We disagree with […]

EXPLAINER: How social platforms are dealing with the Taliban

As the Taliban negotiates with senior politicians and government leaders following its lighting-fast takeover of Afghanistan, U.S. social media companies are reckoning with how to deal with a violent extremist group that is poised to rule a country of 40 million people. Should the Taliban be allowed on social platforms if they don’t break any […]

Moscow court fines Google for controversial material

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 […]