Big Tech

London Mayor Visits Silicon Valley to Talk Tech Trade Mission
London Mayor Visits Silicon Valley to Talk Tech Trade Mission
May 11, 2022  |  Big Tech

London Mayor Sadiq Khan is meeting with Silicon Valley technology leaders as part of a trade mission and U.S. tour to boost London’s tourism and...

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Meta Eyes Cutting Funds to News Companies After Reader Drop
Meta Eyes Cutting Funds to News Companies After Reader Drop
May 10, 2022  |  Meta

Meta is looking into cutting the funds it gives to news organizations, Reuters reported Monday (May 9). This comes as Meta is noticing that less...

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Meta Criticizes ‘Clearly Flawed’ German Antitrust Ruling
Meta Criticizes ‘Clearly Flawed’ German Antitrust Ruling
May 10, 2022  |  ANTITRUST

Facebook owner Meta Platforms said Tuesday (May 10) that a German antitrust order limiting its data collection was “clearly flawed” and undermined European data protection...

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Queen’s Speech to Parliament Highlights New Rules for Big Tech
Queen’s Speech to Parliament Highlights New Rules for Big Tech
May 10, 2022  |  emea

The U.K. government revealed today (May 10) its legislative agenda for the next parliamentary session. The Queen´s Speech, this year delivered by Prince Charles, unveiled...

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CFPB Faces Fraud, Privacy Concerns in Open Banking Rules
CFPB Faces Fraud, Privacy Concerns in Open Banking Rules
May 10, 2022  |  CFPB

On April 26 and 27, during his testimonies at the Senate and the House, Rohit Chopra, Director of the Consumer Financial Protection Bureau (CFPB) offered...

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Tech Giants Make Moves to Capture Rising eGrocery Sales
Tech Giants Make Moves to Capture Rising eGrocery Sales
May 09, 2022  |  Delivery

Online grocery is no longer just the purview of brick-and-mortar incumbents and emerging eCommerce startups. Major technology companies are also making moves into the space....

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Google, Meta Dodge UK’s Plan to Force Fairer Deals With Publishers 
Google, Meta Dodge UK’s Plan to Force Fairer Deals With Publishers 
May 09, 2022  |  Big Tech

The United Kingdom was about to join a list of countries including Australia, Canada, France and Spain that imposed limits on the negotiations between Big...

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After Stunning Expansion, China’s Community-Buying Industry Quickly Contracts
After Stunning Expansion, China’s Community-Buying Industry Quickly Contracts
May 09, 2022  |  eCommerce

The richest Chinese tech giants have put the breaks on community buying, a process where tech giants facilitate the traditional practice of neighbors pooling money...

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BIS Adds Pressure on Big Tech to Give Data Control to Consumers
BIS Adds Pressure on Big Tech to Give Data Control to Consumers
May 06, 2022  |  Regulation

The Bank for International Settlements (BIS), the world’s main central bank umbrella group, published a report on Thursday (May 5) proposing new data governance frameworks...

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