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In Europe, Single Data Market Looms?

PYMNTS

tech firms’ dominance across online platforms, and the collection and use of data. This is a major weakness for data-driven businesses to emerge, grow and innovate today, including in Europe, but huge opportunities lie ahead.”. In Europe, another regulatory salvo may be aimed at U.S. CFPB Files Suit Against Citizens Bank.

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House Hearing Signals Fireworks On Big Tech Antitrust Issues

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12), the House Judiciary Antitrust Subcommittee will hold a hearing on issues top of mind in the digital realm — touching on how data and privacy affect competition online, and specifically, for online marketplaces. David Cicilline of Rhode Island, who serves as subcommittee chairman. This Thursday (Sept.

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House Questions Big Tech Over Antitrust Concerns

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Across a trio of hearings , Facebook was grilled about Libra , the cryptocurrency program that has been increasingly drawing scrutiny from regulators. He said there has been a “less open” environment that has become “hostile to innovation and entrepreneurship.” Cicilline noted there have not been challenges from antitrust regulators.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

The company also found itself confronted by conflicting energy program mandates and regulations. Torris said Boo.com also spent too much on advertising and promotions and failed to keep pushing forward on technology innovations. via MDDI Online. Select VC Investors: Rhode Island Economic Development Corporation.

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Lawmakers Eye Increased Libra Oversight

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The move, according to the publication, would subject the digital coin to “a set of extensive and well established regulations.”. However, we believe that it is important to regulate activities and not technologies, allowing for responsible innovation to flourish.”. Apple Gets a Look Too. The bill was introduced by Sen.

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Sports Betting Moves Forward In The U.S. — With or Without ‘Integrity Fees’

PYMNTS

Three other states are ready to do so, according to one analysis : Pennsylvania, New York and Rhode Island — all of which have some form of pre-fabricated legislation paving the way for sports betting. Iowa, for instance, is considering letting casinos and racetracks offer on-site and online wagering.