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In Europe, Single Data Market Looms?

PYMNTS

tech firms’ dominance across online platforms, and the collection and use of data. The European Union is examining the creation of a single data market that would reportedly challenge tech firms such as Google and Facebook, as Reuters reported. In Europe, another regulatory salvo may be aimed at U.S.

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own.”. The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. All in, counting online and in-person wagers, Super Bowl betting was worth roughly $6.8

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Google’s AG Onslaught A Big Fizzle For Tech

PYMNTS

13) to Amazon, Apple, Facebook and Google to get documents that might shed light on market dominance. The regulators, it seems, are closing ranks — indicating a fizzle for Google and its peers. The regulators, it seems, are closing ranks — indicating a fizzle for Google and its peers.

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House Hearing Signals Fireworks On Big Tech Antitrust Issues

PYMNTS

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

PYMNTS

Across a trio of hearings , Facebook was grilled about Libra , the cryptocurrency program that has been increasingly drawing scrutiny from regulators. Cicilline noted there have not been challenges from antitrust regulators. There are low barriers to entry in the online sector, Perault added, especially for digital platforms.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

But a few common threads do emerge, such as an inability to generate sustainable revenue, bad product-market fit, losing to competitors, and (of course) simply running out of money. The company also found itself confronted by conflicting energy program mandates and regulations. As you’ll see below, the reasons for failure are varied.

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Committee Hearing To Examine Big Tech’s Media Market Power

PYMNTS

The House Judiciary Committee will have its first hearing today (June 11), as part of a series, focused on anticompetitive behavior among online companies. And separately, House Speaker Nancy Pelosi has said that for big tech firms “the era of self regulation is over.”. In an interview this week with CNBC , House Democratic Rep.