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China

Why China Crushed Its Tech Giants

By Lavender Au, Wired China's ban on all cryptocurrency transactions, announced on Friday, is just the latest of a series of bombshells that over just...
big tech giants

How to Tame the Tech Giants: Reverse the Burden of Proof...

By: Tomasso Valletti (Pro Market) As you read this, please remember two numbers: 1,000 and zero. The former number represents the 1,000 acquisitions made by...
Big Tech

Antitrust Bill Targeting Tech Giants Goes Through NY Senate

On Monday, June 7, the New York state Senate passed legislation making it easier for plaintiffs to win antimonopoly lawsuits, in the latest state-led...
Big Tech

Tech Giants Boosted Lobbying Spending In 2020

Big technology companies are bracing for a new administration and new scrutiny of their businesses with a time-tested strategy: opening their pocketbooks, reported the Wall...
Social Media

Tech Giants Face Fines Of 10% Of EU Revenue In New...

Tech giants could face fines as high as 10% of annual revenue if they don’t comply with new European Union rules on data usage...
China

China’s Antitrust Push Unlikely To Cause “Sudden Explosion Of Cases” Says...

China’s latest antitrust push will not likely lead to a “sudden explosion of cases” against online platforms, according to legal expert Angela Zhang. Her comments...
China Big Tech

China Introduces New Legislation To Curb Online Shopping Giants 

China’s market regulator has taken its first major step towards curbing the monopolistic power of its tech giants, drawing up draft antitrust rules that...
Big Tech

US House Panel Hearing With Big Tech CEOs Rescheduled For Wednesday

Four Big Tech CEOs ⁠— Facebook's Mark Zuckerberg, Amazon's Jeff Bezos, Google's Sundar Pichai, and Apple's Tim Cook — will answer for their companies'...
Vestager

Vestager Details New Boundaries For Tech Giants

Big tech companies including Google parent Alphabet, Amazon.com and Facebook face a swath of proposed European regulations aimed at curbing their alleged anticompetitive behavior,...
Tech

EU Is Lining Up New Rules To Level The Playing Field...

The European Union is lining up new rules to level the playing field for rivals, reported Reuters. And just as its landmark privacy law became...
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