Tag Archives: regulatory

[unable to retrieve full-text content]Google Delays Cookie Phase-Out Following Regulatory Pushback  The Wall Street Journal Source link

Text size Apple and Google face new regulatory scrutiny in the U.K. Lionel Bonaventure/AFP via Getty Images … Source link

Welcome back to The Station, your weekly guide to everything going on in the world of transportation. Many readers of this weekly newsletter are likely enjoying a three-day weekend thanks to the Memorial Day holiday. So, this week I will keep it a wee bit shorter. Before we get started, check out the latest transportation Q&A, this time with Convoy co-founder and CEO Dan Lewis. He predicts digital freight will go mainstream within the year. Why? Lewis said: “The industry is going to contract… Source link

(Bloomberg) — Peloton Interactive Inc. — the early pandemic home-fitness darling that’s become a potential takeover target following a sharp plunge in its stock price — could find a challenging climate if it opts for a deal with a big-technology firm. Most Read from Bloomberg One key consideration is regulatory scrutiny. There’s a chill against large transactions at the moment in Washington, where technology companies are being probed by regulators for their reach and influence and the… Source link

U.S. financial regulators on Tuesday released an inter-agency policy agenda for regulating cryptocurrencies, as discussions unfold about how to provide oversight for the booming market. The so-called “crypto sprint,” as officials call it, sketches out a to-do list for 2022 that will offer crypto players more clarity on the rules of the road. It summarizes plans by the Federal Reserve, Federal Deposit Insurance Corp (FDIC) and Office of the Comptroller of the Currency (OCC) for which… Source link

Google bought Fitbit in January, but for U.S. and Australian regulators, it’s not a done deal. The U.S. Department of Justice and the antitrust-focused Australian Competition and Consumer Commission are still investigating the $2.1 billion deal, according to Rod Sims, who heads the Australian regulatory agency. Sims explained Friday that his agency was still determining whether the deal presents privacy issues regarding the tech giant’s huge store of consumer… Source link

(Bloomberg) — Five years into scandals that have already cost Wells Fargo & Co. more than $5 billion in fines and legal settlements, regulators are privately signaling they’re still not satisfied with the bank’s progress in compensating victims and shoring up controls. The Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau have warned the firm they may bring new sanctions over the company’s pace in fulfilling those obligations, according to people… Source link

Apple’s commissions, for example, go as high as 30% on some purchases made through the company’s platform — and developers say they have little choice but to comply, since Apple does not allow customers to download apps from any source other than the company’s official store. Legislators have been reviewing an amendment to the Telecommunications Business Act, which would ban app store operators from “unfairly using their market position to force a certain manner of payment” upon businesses…. Source link

By Andrew Galbraith SHANGHAI (Reuters) – China and Hong Kong shares fell sharply to their lowest this year on Monday, as investor worries over government regulations battered stocks in the education, property and tech sectors. The searing sell-off sent Hong Kong-listed Scholar Education Group shares crashing more than 45%. Hong Kong stocks of New Oriental Education & Technology Group Inc plummeted more than 47% after the company’s U.S. shares lost over half of their value on Friday. The… Source link

Regulatory risk is something any pertinent investor should take into account when making decisions, especially when it comes to companies based in China. The world’s most populous country’s government frequently involves itself in the business happenings of several publicly traded companies. Most notable are the threats made against the ride-sharing company Didi Global Inc. (DIDI), causing share prices to dramatically slide. While safe for now, these risks have been weighing on the… Source link