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Big Tech Compliance Tracker: EU Prepares To Propose New Big Tech Regulations; Turkey Fines Big Tech Platforms $1.18M

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million) penalty for not following a new social media law, Reuters reported, citing Omer Fatih Sayan, the deputy transport and infrastructure minister. Foreign companies operating in Turkey that reach more than 1 million people daily have been told about some of the rules they need to comply with,” Sayan said on social media.

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Report: TikTok Plans Lawsuit Over US Ban

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District Court for the Southern District of California, where TikTok’s American operations are based, as soon as Tuesday (Aug. 11), National Public Radio (NPR) reported, citing a source. It also alleges that the administration’s national security justification for the order is untrue. “It’s

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India Launches WhatsApp Chatbot

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The tech giant is also listing national and local resources people can utilize to find out the latest updates specific to where they are. And in India, popular social media app WhatsApp has engineered the “MyGov Corona Helpdesk” for all citizens to turn to for information and resources regarding the virus.

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Bitcoin Daily: S. Korea Eyes Crypto Capital Gains Tax; Crypto Lawyers See Rise In Demand

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Celebrities including Floyd Mayweather and DJ Khaled backed the project on social media. Securities and Exchanges Commission (SEC) charged California’s Abra for failing to register before offering and selling securities-based swaps. And, the U.S.

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Selling A Luxury Presidential Jet, By Raffle

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But the jet has stuck around, resistant to finding a buyer looking for its custom attributes, and as of returning from a California trip where a sales pitch to another round of potential buyers fell through, Lopez Obrador seemed ready to start thinking outside of the box for new ways to dispose of the jet first purchased in 2012.

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Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws

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MENA nations’ original rules involved data privacy, but they were focused on developing the open banking ecosystem and allowing information to move freely. Financial authorities and lawmakers in Abu Dhabi, Saudi Arabia and the United Arab Emirates (UAE) quickly followed Dubai’s lead as consumers and merchants headed online.

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Millennial Entrepreneurs’ Optimism Is Booming — Here’s Their Top Concern

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The bank’s latest Small Business Forecast survey assessed 300 small businesses across California, Florida, South Carolina and North Carolina and found evidence that the younger generation of entrepreneurs has the potential for big impacts on the national economy. million millennials now make up more than a quarter of the U.S.