Tag Archives: landmark

(Reuters) -Coinbase Global Inc, the largest U.S. cryptocurrency exchange, has received approval from the U.S. Securities and Exchange Commission (SEC) to list its shares on the Nasdaq, paving the way for what will be a landmark victory for cryptocurrency advocates. The company, which plans to go public through a so-called direct listing, expects to list its shares on the Nasdaq under the ticker ‘COIN’ on April 14. In a direct listing, no shares are sold in advance, as is the case with an… Source link

The Australian parliament is poised to pass a landmark media law that would make Google and Facebook pay news publishers for displaying their content. The Australian law is separate to a deal Facebook made to pay mainstream UK news outlets millions of pounds a year to license their articles, but has a similar motivation. The legislation, which will be debated this week, is designed to support Australian public interest journalism and is backed by all the nation’s media companies, big and… Source link

CANBERRA (Reuters) – Australia will next week introduce landmark legislation to force Alphabet’s Google and Facebook to pay publishers and broadcasters for content, a senior government official said on Friday. The legislation, which Google says will be “unworkable”, will make Australia the first country to require Facebook and Google to pay for news content. “The bill will now be considered by the parliament from the week commencing 15 February 2021,” Treasurer Josh Frydenberg said… Source link

WASHINGTON — The Justice Department is expected to file a lawsuit Tuesday alleging Google has been abusing its online dominance in online search to stifle competition and harm consumers, a person familiar with the matter told The Associated Press. The litigation marks the government’s most significant act to protect competition since its groundbreaking case against Microsoft more than 20 years ago. The suit could be an opening salvo ahead of other major government antitrust actions,… Source link

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