EU Said to Be Unlikely to Issue Break-Up Order to Google for Now

EU Said to Be Unlikely to Issue Break-Up Order to Google for Now

EU antitrust officials are considering ordering Alphabet’s Google to end anti-competitive practices in its adtech business, but will not order a breakup as they had previously warned, people with direct knowledge of the matter said. European Union regulators are due to issue a decision with a hefty fine in the coming months after antitrust chief … Read more

Why X Is Unlikely to Fall Under the EU’s Landmark Tech Rules

Why X Is Unlikely to Fall Under the EU’s Landmark Tech Rules

Elon Musk’s X social media platform is unlikely to be subjected to landmark EU tech rules which aim to rein in the power of Big Tech because it does not meet the rules’ gatekeeper criteria, a person with direct knowledge of the matter said on Friday. The European Commission in May opened an investigation into … Read more

Apple Restricted Workers’ Slack, Social Media Use, US Labor Board Says

Apple Restricted Workers’ Slack, Social Media Use, US Labor Board Says

The U.S. National Labor Relations board accused Apple of interfering with workers’ rights to collectively advocate for better working conditions by restricting their use of social media and workplace messaging app Slackthe agency said on Friday. The NLRB complaint, issued on Thursday, accuses the iPhone maker of maintaining unlawful work rules around the acceptable uses … Read more

CCI Imposes Rs 213 Crore Penalty on Meta; Firm Plans to Appeal Decision

CCI Imposes Rs 213 Crore Penalty on Meta; Firm Plans to Appeal Decision

After the Competition Commission imposed a Rs 213-crore penalty on Meta in relation to WhatsApp privacy policy, the company said it disagrees with the watchdog’s decision and plans to appeal. The Competition Commission of India (CCI) on Monday asked WhatsApp to refrain from sharing user data with other applications, owned by Meta, for advertising purposes … Read more

US FDIC to Reevaluate ‘Supervisory Approach’ to Crypto-Related Activities

US FDIC to Reevaluate ‘Supervisory Approach’ to Crypto-Related Activities

The US Federal Deposit Insurance Corporation (FDIC) on Wednesday released several documents related to the supervision of crypto related activities in the country. Acting FDIC chairman Travis Hill announced that the agency will review its previous approach towards US banks seeking to offer crypto services. Established in 1933, the FDIC regulates US financial institutions and … Read more

SEBI Tells Intermediaries to Provide Contact Details for Social Media Ads

SEBI Tells Intermediaries to Provide Contact Details for Social Media Ads

SEBI on Friday asked registered intermediaries wishing to advertise on social media platforms like Google and Meta to register on these platforms using the contact details such as the email ID and mobile number provided to the markets watchdog. The move is aimed at curbing fraudulent activities in the securities market. This decision came after … Read more

SEBI Tells Intermediaries to Provide Contact Details for Social Media Ads

SEBI Tells Intermediaries to Provide Contact Details for Social Media Ads

SEBI on Friday asked registered intermediaries wishing to advertise on social media platforms like Google and Meta to register on these platforms using the contact details such as the email ID and mobile number provided to the markets watchdog. The move is aimed at curbing fraudulent activities in the securities market. This decision came after … Read more

SEBI Tells Intermediaries to Provide Contact Details for Social Media Ads

SEBI Tells Intermediaries to Provide Contact Details for Social Media Ads

SEBI on Friday asked registered intermediaries wishing to advertise on social media platforms like Google and Meta to register on these platforms using the contact details such as the email ID and mobile number provided to the markets watchdog. The move is aimed at curbing fraudulent activities in the securities market. This decision came after … Read more

SEBI Tells Intermediaries to Provide Contact Details for Social Media Ads

SEBI Tells Intermediaries to Provide Contact Details for Social Media Ads

SEBI on Friday asked registered intermediaries wishing to advertise on social media platforms like Google and Meta to register on these platforms using the contact details such as the email ID and mobile number provided to the markets watchdog. The move is aimed at curbing fraudulent activities in the securities market. This decision came after … Read more