Tag Archives: regulators

Regulators fear Russia could access Yandex taxi data from Europe, Central Asia

Regulators fear Russia could access Yandex taxi data from Europe, Central Asia

News that the Russian security service could potentially gain access to data collected by the Yandex taxi service has raised alarms among users and regulators in Europe and Central Asia. Often referred to as “Russia’s Google,” Yandex runs the biggest search engine in the country and also provides an Uber-like ride-hailing and food-delivery service under the name Yango, or YandexGo, in more than 20 countries. These include Israel, Norway, Finland, Belarus, Kazakhstan, Georgia, and… Source link

Read More »

Google and Nvidia reportedly “express concerns” to US financial regulators about Microsoft’s Activision Blizzard buyout

Google and Nvidia reportedly “express concerns” to US financial regulators about Microsoft’s Activision Blizzard buyout

Google and Nvidia have contacted US financial regulators about Microsoft’s proposed $69bn takeover of Activision Blizzard, according to Bloomberg (paywall). Sources told the website both Google and Nvidia had “expressed concerns” to the Federal Trade Commision (FTC), which sued to block the deal in December. The FTC has argued the buyout, which would grant Microsoft ownership of the likes of Call of Duty, World of Warcraft and Candy Crush, would reduce competition… Source link

Read More »

Federal Reserve, top bank regulators flag ‘significant’ worries over crypto assets

Federal Reserve, top bank regulators flag ‘significant’ worries over crypto assets

The Federal Reserve, FDIC, and the Office of the Comptroller of the Currency (OCC) issued a joint statement on Tuesday warning about “significant” risks crypto assets may pose to the broader banking system. “It is important that risks related to the crypto-asset sector that cannot be mitigated or controlled do not migrate to the banking system,” the agencies said in a joint statement. “Given the significant risks highlighted by recent failures of several large crypto-asset companies, the… Source link

Read More »