Tag Archives: regulator

[unable to retrieve full-text content]UK Data Regulator Uncovers Flaws in Google’s Privacy Sandbox Proposal  PYMNTS.com Source link

Acting Comptroller of the Currency Michael Hsu said this week that hype is a serious risk for cryptocurrencies and likened certain crypto transactions to Ponzi schemes, warning that the crypto space is very dangerous for investors of modest means. The comments come after the collapse of stablecoin TerraUSD (UST-USD) on May 9 reverberated through the cryptocurrency market. “The recent collapse of the TerraUSD stablecoin and associated sell-off in crypto markets has shown that hype-driven… Source link

Ban comes after Google said it would not help platforms sell ads alongside content that condone the conflict in Ukraine. Russia’s communications regulator has blocked Google News, accusing the news aggregator service of spreading false information about the country’s military operation in Ukraine, Russia’s Interfax news agency said on Wednesday. “We’ve confirmed that some people are having difficulty accessing the Google News app and website in Russia and that this is not due to any… Source link

A view shows a fragment of a Hyundai Sonata automobile during an event, organized by Yandex company to present the new generation of its self-driving car developed in cooperation with Hyundai, in Moscow, Russia May 27, 2020. REUTERS/Shamil Zhumatov Register now for FREE unlimited access to Reuters.com Register March 23 (Reuters) – Russian tech giant Yandex (YNDX.O) is facing heavy criticism online after a data leak exposed the personal details of more than 58,000 people on its food delivery… Source link

Bitcoin (BTC-USD), the premiere digital currency first introduced in 2009, raised eyebrows this week when it dropped below $40,000 for the first time in three months, stoking fears of uncontrolled volatility. But by Wednesday, the coin’s price had risen back to $43,000 and many financial leaders are predicting Bitcoin to surpass $75,000 before the year ends. The quick recovery proved to many crypto enthusiasts that Bitcoin is here to stay. Now, some investors are highlighting Bitcoin for… Source link

The Biden administration will announce three nominees for top jobs at the nation’s central bank, naming Sarah Bloom Raskin, Lisa Cook, and Philip Jefferson to fill spots on the Federal Reserve’s Board of Governors, according to a source familiar with the matter. The official announcement could be made as soon as Friday. Raskin has specifically been tapped to steer the Fed’s policies on bank regulations as Fed vice chair of supervision, according to a person familiar with the matter. The… Source link

The US International Trade Commission has ruled that Google is in violation of five Sonos patents relating to smart speakers (via The New York Times). The decision affirms a judge’s ruling in August, and could force Google to stop importing products using the infringing technology. It’s not yet clear whether any specific Google products will necessarily disappear from shelves — in fact, Google spokesperson José Castaneda suggests the company’s customers would not “experience any… Source link

Apple and Google have a “vice-like grip” over people’s mobile phones and their duopoly over the market should be investigated by the proposed new “big tech” regulator, the UK’s competition watchdog has said. The two companies effectively control users’ mobile phone experience in the UK, with Apple’s iOS and Google’s Android operating systems installed on 99.45% of all phones in use in the country. “Apple and Google have developed a vice-like grip over how we use mobile… Source link

LONDON— Apple Inc. and Alphabet Inc.’s Google hold a “vise-like grip” over how people use mobile devices, Britain’s antitrust regulator said Tuesday, and said it was assessing whether it would try to loosen what it said was their control over smartphone ecosystems. The preliminary report is among several, nonbinding research efforts by the U.K. and other antitrust regulators in Europe into… Source link

The U.K. competition regulator said Tuesday that its interim report has found that a duopoly of Apple Inc. and Alphabet Inc.’s Google limits competition and choice, and that the firms are “exercising a vice-like grip” over mobile devices. The Competition and Markets Authority said its report into mobile ecosystems suggests users are losing out because of the companies’ control. It had launched a probe in June over concerns that Apple AAPL, -2.07% … Source link