A perilous time for the British economy Prime Minister Boris Johnson’s political position continued to be on the rocks this morning as several lower-ranking ministers’ resignations followed two shattering defections last night. The moves raise questions about how long he can cling to power and what a change in leadership would look like for the British economy. The resignations were connected to a series of scandals that cast doubt on Johnson’s honesty. The two top ministers who stepped… Source link
Read More »Google and Facebook ‘Jedi Blue’ ad deal probed by EU, Britain
A 3D printed Facebook’s new rebrand logo Meta is seen in front of displayed Google logo in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration/Files Register now for FREE unlimited access to Reuters.com Register BRUSSELS/LONDON, March 11 (Reuters) – European Union and British antitrust authorities launched parallel investigations on Friday into a 2018 online display advertising deal between Google and Facebook, adding to a long list of regulatory challenges facing the… Source link
Read More »Google to clamp down on online financial scams in Britain
June 30 (Reuters) – Google will clamp down on financial fraud on its platform in Britain, saying on Wednesday that all financial services will need to be verified by the regulator before they can advertise. Britain’s financial watchdog issued 1,200 consumer warnings last year about scams advertised via social media platforms by fake companies, double the number in 2019. read more Google, which is part of U.S. tech giant Alphabet Inc (GOOGL.O), said in a blog post it will begin enforcing the… Source link
Read More »Britain plans to create watchdog to police Big Tech companies including Google, Facebook
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. LONDON — 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 enforce a new code of conduct governing the behavior of tech giants that dominate the online advertising… Source link
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