A $1.7 trillion government funding bill approved by the U.S. Senate Thursday will bolster U.S. regulators and make it easier for states to bring antitrust lawsuits. The Federal Trade Commission (FTC), which has a number of major technology investigations underway, will get $430 million in funding, $53.5 million over last year’s levels “to bolster antitrust, […]
Russia
Since Russia annexed Crimea in 2014, American companies have been prohibited from dealing with MMZ Avangard, a state-owned firm that makes missiles for one of Russia’s most sophisticated weapons, the S-400 air-defense system. In a measure of Western concern about the S-400, the United States ejected Turkey, a NATO member, from a joint fighter jet […]
STOCKHOLM (Reuters) – Ericsson said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications equipment to mobile operators there since the Ukraine war started, after Swedish media reported the company had continued its exports. Shares of the company fell 4.6 percent in morning trading. Ericsson […]
Republican senators on Friday asked TikTok Chief Executive Shou Zi Chew about reports the social media site had allowed Russian state-approved media content but barred other videos. “Recent reports indicate TikTok… has allowed Russian state media to flood the platform with dangerous pro-war propaganda. No company should find itself in the position of amplifying the […]
Russia is considering allowing cryptocurrency to be used for international payments, Interfax news agency quoted a government official as saying on Friday. “The idea of using digital currencies in transactions for international settlements is being actively discussed,” Ivan Chebeskov, head of the finance ministry’s financial policy department, was quoted as saying. Russian officials are wrestling […]
Russia’s communications regulator Roskomnadzor said on Friday it had opened administrative cases against Alphabet Inc’s Google and six other foreign technology companies for alleged violations of personal data legislation. Moscow has clashed with Big Tech over content, censorship, data and local representation in a simmering dispute that has erupted into a full-on information battle since […]
War has always had a rippling effect on geopolitics and global economies, more so than ever in today’s interconnected and globalized world. India, which has maintained a friendly political relationship with Russia since 1970, finds itself at a crossroads in the wake of recent global events. As the Russian Ukrainian war rages on, previously well-aligned […]
In our interconnected and globalized world, war is one thing that carries rippling effects that can spread far and wide. On the other side of the coin, a globalized economy means that chain reactions can reverberate across the entire globe and throw entire economies off balance. The Russian Ukrainian war and the crypto market are […]
The U.S. government began privately warning some American companies the day after Russia invaded Ukraine that Moscow could manipulate software designed by Russian cybersecurity company Kaspersky to cause harm, according to a senior U.S. official and two people familiar with the matter. The classified briefings are part of Washington’s broader strategy to prepare providers of […]
OneWeb will resume satellite launches with Elon Musk’s SpaceX, the British satellite communications company said on Monday after it suspended launches from Russia’s Baikonur Cosmodrome in Kazakhstan. OneWeb did not disclose terms of the new launch agreement. Earlier in March, OneWeb, said it would halt launches after Moscow’s space agency Roscosmos demanded guarantees that its […]