PYMNTS

OCTOBER 19, 2020

and Europe to develop tough new regulations to take on big tech, according to a Reuters report on Monday (Oct. EU antitrust regulators in August started probing a $2.1 The big tech giants Google, Apple, Amazon and Facebook — also known by the acronym "GAFA" — are facing numerous antitrust investigations from the west.

US 264

US social media Illinois Google 264

PYMNTS

NOVEMBER 3, 2020

Plus, Amazon and Apple are each poised to hit $100 billion in revenue in the fourth quarter. The Shanghai Stock Exchange is reportedly delaying Ant Group’s record initial public offering (IPO) following Jack Ma’s meeting with Chinese regulators, during which he said Ant Group was a tech company, not a bank.

Groups 137

Groups Regulation social media Apple 137

PYMNTS

DECEMBER 7, 2017

Amazon takes another swing at Etsy, Apple catches up in the proprietary Pay game and Facebook matriculates a new generation of social media users with its new Messenger product for kids — this and more of the latest news from the Frightful Five, just in case you missed it. It’s finally here: with the iOS 11.2 Microsoft.

Apple 111

Apple social media Google Video 111

PYMNTS

AUGUST 24, 2020

Here’s the latest news from Facebook, Amazon and others, which are coming under increasing scrutiny from regulators, trade groups and politicians the world over. Regulations. The social media company has indicated that the Access Act, a proposed data portability law, is a first move in the right direction.

social media 152

social media Data Apple Compliance 152

PYMNTS

FEBRUARY 28, 2019

The regulator is stepping up an investigation after the report showed the apps sent data like body weight and menstrual cycles. The Journal investigation also found that six of the top 15 health and fitness apps in the Apple Store were using a Facebook-provided SDK. There are at least 11 apps involved in the investigation.

Regulation 129

Regulation Data social media New York 129

PYMNTS

NOVEMBER 16, 2020

A privacy advocate in Europe has filed complaints against Apple charging that its advertising tracking tools store user data without consent, according to a CNBC report on Monday (Nov. Schrems has already challenged Facebook in court twice, which resulted in the social media giant having to change the way it transfers data.

Tools 153

Tools Apple social media Regulation 153

PYMNTS

JANUARY 19, 2018

Apple and Samsung Electronics are coming under fire by Italian regulators regarding processor slowdowns in aging smartphones. 18) Reuters report , antitrust regulators in Italy have launched an inquiry into claims that Apple and Samsung have purposely used software updates to speed up the aging process for their older devices.

Samsung 100

Samsung Apple social media Software 100

PYMNTS

OCTOBER 4, 2020

Facebook bought Instagram, the photo- and video-sharing social networking service, in 2012 for $1 billion and WhatsApp, the cross-platform messaging service, in 2014 for $19 billion. Other technology giants including Google , Amazon and Apple are also facing probes. There is no ‘it’s too hard’ defense,’” Wu told WSJ.

social media 291

social media Austin Chicago User Experience 291

PYMNTS

JULY 17, 2020

Facebook Inc’s top executives could be required to testify before the Federal Trade Commission (FTC) as the regulator investigates whether the California-based social media conglomerate has violated U.S. antitrust laws, sources told The Wall Street Journal. billion global users.

social media 160

social media California Google Apple 160

PYMNTS

JANUARY 9, 2018

A French prosecutor has launched a preliminary investigation of Apple over BatteryGate , the U.S. Apple confirmed the findings, and the news caused a social media backlash, as well as a class-action lawsuit in the United States. An Apple spokeswoman in U.S. We know that some of you feel Apple has let you down.

Apple 108

Apple social media United States User Experience 108

PYMNTS

AUGUST 9, 2018

Reuters noted that Sharma took on Facebook and Apple , helping to shape rules that prevent internet service providers from charging different prices for accessing different parts of the internet. The regulatory head also convinced Apple to allow spam detection on its iOS mobile operating software for the iPhone.

Regulation 100

Regulation social media Apple Mobile 100

PYMNTS

FEBRUARY 1, 2021

In today’s top payments news around the world, Grab said it has closed on a loan facility, while Getir announced on social media that it has come to London. European Union lawmakers have notified Amazon, Apple, Facebook and Alphabet that they are amenable to postponing a possible hearing beyond its initially scheduled date of Feb.

social media 236

social media Taxes Payments Apple 236

PYMNTS

DECEMBER 11, 2019

senators went head to head with executives of Apple and Facebook on Tuesday (Dec. The lawmakers warned that both companies should allow for “backdoor” access to law enforcement or they would be forced to regulate the technology. 10) over the companies’ decision to use encryption technology, according to a report by Reuters.

social media 130

social media Apple Data California 130

PYMNTS

DECEMBER 11, 2019

senators went head to head with executives of Apple and Facebook on Tuesday (Dec. The lawmakers warned that both companies should allow for “backdoor” access to law enforcement or they would be forced to regulate the technology. 10) over the companies’ decision to use encryption technology, according to a report by Reuters.

social media 130

social media Apple Data California 130

PYMNTS

FEBRUARY 5, 2020

In the middle are the consumers whose data fuels eCommerce, social media and basically the entire internet as we know it. The Merchants’ Guide to Navigating Global Payments Regulations , powered by Ekata, dives deep into this complex and unsettled topic, from possible abrupt retail impacts to long-term open banking repercussions.

Google 288

Google Data Regulation social media 288

PYMNTS

MARCH 20, 2020

The policy being drafted by India’s trade ministry also calls for a new regulator to provide oversight and enforce compliance. The regulator will have the authority to request information from tech firms and also enforce other Indian laws aimed at consumer protection and fair competition, the sources said.

Data 183

Data social media Policies Regulation 183

PYMNTS

SEPTEMBER 28, 2020

The latest news on Apple, Google, Facebook and other Big Tech firms that are coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. Regulations. EU Renews Demand for Back Taxes on Apple’s Ireland Ops. In July, Apple won a major victory in its fight not to pay a $14.8

Taxes 162

Taxes Compliance Illinois Las Vegas 162

PYMNTS

JANUARY 29, 2021

Legislators in the European Union have informed Alphabet , Facebook , Apple and Amazon that they are open to delaying a potential hearing beyond Feb. The European Parliament had invited the leaders of the firms to a hearing in Europe to aid them in forming an opinion on stringent new regulations that the European Commission had put forward.

social media 148

social media Apple Online Regulation 148

PYMNTS

NOVEMBER 27, 2018

“Dominant online platforms have more power to shape public opinion than newspapers or the television ever had, yet they face very little regulation or liability,” Rometty said. after the Information Commissioner’s Office (ICO) ruled that the social media network operator was engaged in “serious breaches of data protection.”.

social media 130

social media Google Data Company 130

PYMNTS

DECEMBER 28, 2020

Facebook is turning off a number of functions in its Instagram and Messenger apps for European users after new a European Union regulation called the “ePrivacy directive” began covering messaging apps as of Dec. It takes time to rebuild products in a way that work seamlessly for people and also comply with new regulation.”.

Compliance 148

Compliance Google Texas Apple 148

PYMNTS

SEPTEMBER 22, 2020

and other tech companies have been facing backlash from lawmakers and regulators around the globe. Facebook’s Mark Zuckerberg, Sundar Pichai of Google , Apple ’s Tim Cook and Jeff Bezos from Amazon made their case that they face competition and are not violating the nation’s antitrust laws. Google, Facebook Inc.

Google 213

Google Meeting Rhode Island social media 213

PYMNTS

SEPTEMBER 13, 2019

Facebook CEO Mark Zuckerberg; Amazon Founder Jeff Bezos; Google’s early leaders Larry Page, Sergey Brin and Eric Schmidt; and Apple CEO Tim Cook were among those reportedly named in the requests, The Wall Street Journal reported. In separate news, the Federal Trade Commission (FTC) is in the process of defining how U.S.

social media 122

social media Apple Policies Regulation 122

PYMNTS

AUGUST 12, 2019

Facebook reportedly dropped a deal to buy competitor Houseparty, the video-focused social media chat app, due to anticipated additional antitrust scrutiny, The New York Times reported on Monday (Aug. The social media giant was supposedly in talks with Houseparty but in the end decided the acquisition would be too risky.

social media 100

social media Video Washington New York 100

PYMNTS

JULY 9, 2019

Representatives from Amazon , Apple , Facebook and Google are scheduled to appear before the House Antitrust Subcommittee. It’s pretty clear to us that the FTC and different relevant regulators should be taking a much closer look at these platform companies,” said Nicholas Ahrens, vice president of innovation for RILA, in an interview. “We

social media 109

social media Apple Policies Innovation 109

PYMNTS

AUGUST 12, 2019

The social media giant could be faced with billions of euros in fines as well as forced to alter some of its business operations. The EU’s privacy enforcement for Facebook is led by Ireland’s Data Protection Commission since the social platform’s regional headquarters are in Dublin. Facebook isn’t alone in privacy scrutiny.

social media 100

social media Regulation Regional Data 100

PYMNTS

NOVEMBER 22, 2019

People don’t know what’s true and what’s not, and what to believe,” he noted, adding that instead of uniting people, technology — like social media — is “splintering” them. Goldman CEO Denies Claims Of Apple Card Credit Biases. Politicians, as well as privacy advocates, have asked regulators to block the deal.

South Dakota 101

South Dakota Apple Taxes Cards 101

PYMNTS

MARCH 13, 2019

As reported Wednesday (March 13), Spotify , the music streaming juggernaut, has filed an antitrust complaint in Europe against another tech giant with a foothold in music streaming – that would be Apple, of course. By way of competitive – or anti-competitive – actions, Spotify has also said Apple had on occasion rejected security updates.

Apple 115

Apple social media Google Course 115

PYMNTS

APRIL 5, 2019

According to a NBC News/Wall Street Journal Poll , by 50 percent to 47 percent, Americans disagree with Warren’s plans to split big tech companies like Apple, Amazon, Facebook and Google into smaller competing companies. Elizabeth Warren’s plan to break up large technology companies.

social media 108

social media Google Regulation Apple 108

CB Insights

SEPTEMBER 11, 2018

The Edelman Trust Barometer shows that public confidence in search engines and social media platforms fell 11 percentage points from 2017 and 2018. Facebook stock is down and it faces investigation by a growing list of international regulators. Google has lost employees and also faces regulation.

Google 48

Google Apple Policies social media 48

PYMNTS

NOVEMBER 10, 2019

Delrahim also cautioned that there could be competition concerns by regulators over data collected by tech companies. European antitrust regulators have expressed concerns similar to Delrahim’s comments and have already punished tech companies for using consumer data in anti-competitive ways.

social media 100

social media Google Regulation Conference 100

PYMNTS

MARCH 14, 2019

All told, 150 companies reached data-sharing deals with Facebook including Amazon, Apple, Sony, and Microsoft, noted the report. In a statement to the paper, the social media giant said it’s cooperating with investigators.

New York 122

New York Data social media California 122

PYMNTS

JULY 23, 2019

The Justice Department (DOJ) is going to open a new, separate investigation into the potential antitrust activities of tech companies, compounding troubles for companies like Facebook, Apple and Google that are already the subject of probes by the DOJ and the Federal Trade Commission (FTC). .

Company 134

Company social media Google Apple 134

PYMNTS

MARCH 12, 2019

After a European Union plan for tax reform fell apart, France, along with Britain, Italy and Spain, are moving forward with plans to tax companies like Google and Apple. The challenges facing the international tax system are just far broader than how to tax social media and search engines,” Harter said.

Taxes 132

Taxes Company US social media 132

PYMNTS

AUGUST 28, 2020

The eCommerce giant opened its first brick-and-mortar Amazon Fresh grocery store , and it also launched Amazon Halo , a fitness wearable designed to take on the Apple Watch. Blair said the launch of Amazon Halo represents a move into a market that Apple has heretofore dominated.

Payments 157

Payments Apple Los Angeles social media 157

PYMNTS

JULY 30, 2020

The big day finally came — the CEOs of Amazon , Apple , Facebook and Google ‘s parent, Alphabet , sat in front of lawmakers (at least virtually) and spent four hours getting grilled by a House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law. They also raised issues about the Apple App Store ’s rules.

Google 150

Google Rhode Island Apple Data 150

Insights on Business

DECEMBER 10, 2017

Consumers have been conditioned by Google and Apple to see that banking services can be much more accessible and convenient from a mobile device. Banks, on the other hand, in addition to understanding complex regulations and having greater access to capital, know their customers and have their trust. Banks are also innovators.

Fintech 115

Fintech social media Apple Google 115

PYMNTS

APRIL 19, 2019

That’s because Strong Customer Authentication (SCA) is on the way in September, but as has been seen with other sweeping changes mandated by regulators and impacting the very way payments are made, lots of folks are not paying attention. Apple will once again be using Qualcomm modem chips and there’s also a six-year patent license in place.

social media 125

social media Online Regulation Taxes 125