Tag Archives: regulators

Washington CNN Business  —  Apple and Google’s continued hosting of TikTok on their app stores, despite US national security concerns about the short-form video app, reflects the tech giants’ “gatekeeper” power and should be made part of any antitrust reviews the app stores may face, a member of the Federal Communications Commission wrote to the Justice Department last week. The previously unreported… Source link

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Sept 9 (Reuters) – EU antitrust regulators have broadened the scope of their investigation into Alphabet (GOOGL.O) unit Google’s digital advertising business by taking over the Portuguese competition watchdog’s probe into the same issue. While the European Commission kicked off its… Source link

Google has quietly launched a pilot for apps to offer new payment options on Android devices in Australia, Europe, India, Indonesia and Japan, following pressure from regulators across the globe to open up alternative payment systems. On Friday, Google opened enrolment to developers of non-gaming apps to allow them to trial user-choice payment options for users in the five locations, with caveats, including that Google will reduce its service fee by 4% for transactions. That brings down the… Source link

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Aug 4 (Reuters) – EU antitrust regulators have asked app developers whether Alphabet (GOOGL.O) unit Google’s threat to remove apps from its Play Store if they use other payment options instead of its own billing system has hurt their business, two people familiar with the matter… Source link

Enlarge / Let’s see, you landed on my “Google Ads” space, and with three houses… that will be $1,400. Ron Amadeo / Hasbro The US Justice Department is gearing up for a possible antitrust lawsuit against Google’s ad business, and a new report from The Wall Street Journal outlines a “concession” Google is proposing in response to the investigation. Google might split up some of its ad business and move it to… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, November 10, 2021 A lot for regulators to chew on, but for crypto the same old menu may not do  On Tuesday, Yahoo Finance joined Decrypt in an effort to spotlight all the ways in which cryptocurrency is now going mainstream. And there are no shortage of headlines trumpeting the ways in which digital coins are capturing the public’s… Source link

Step up your crypto game John and Jane Doe regulator, says one high-ranking executive at cryptocurrency Ripple. “I think the U.S. regulators in particular need to get with the program and come up with more proactive regulation,” said Asheesh Birla, RippleNet general manager, at the Yahoo Finance/Decrypt crypto investing conference on Tuesday. Birla pointed out that much of Ripple’s cross boarder payment volume is concentrated overseas, reflecting a better regulator framework.  “Countries like… Source link

A 3D printed Android mascot Bugdroid is seen in front of a Google logo in this illustration taken July 9, 2017. REUTERS/Dado Ruvic/Illustration/File Photo Google says Android exceptional success story of competition EU says Apple not a rival because of smaller market share Court verdict may come next year LUXEMBOURG, Sept 27 (Reuters) – Alphabet (GOOGL.O) unit Google on Monday criticised EU antitrust regulators for ignoring rival Apple (AAPL.O) as it launched a bid to get Europe’s… Source link

The nation’s largest banks are asking an international body of regulators to give them the space to grow their crypto asset exposures, sparking debate over where guardrails should be placed on the emerging asset class. On Tuesday, an advocacy group representing the eight largest U.S.-based financial institutions wrote to the Bank of International Settlements (BIS) regarding its proposal for a global framework for bank exposure to crypto assets. “We find the proposals in the consultation to… Source link

For example, when Amazon began building its cloud-computing business, it went on an acquisition spree, buying at least 13 cloud tech companies from 2012 to 2020, according to the Post’s analysis. That included firms like Thinkbox Software, a maker of cloud-based design tools, and security company Sqrrl Data; in neither case did Amazon disclose the purchase price. Source link