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MAY 31, 2020

Google users in India can now order groceries for delivery from startup Dunzo , allowing the tech giant to effectively enter into the Indian delivery market, according to a BGR report. The service can be used through Google Pay without having to download another app. based telecom company and India-based Aditya Birla Group.

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FEBRUARY 17, 2020

Breton said he’ll decide by the end of the year if he wants to adopt a set of stringent rules as a way for the EU to set out ironclad responsibilities for social media platforms and regulate them. He said any regulations should take this into account.

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MAY 20, 2020

European Union (EU) regulators want feedback from users and digital service providers before they craft new rules that could manage giant tech firms Google, Facebook, Amazon and Uber, Reuters reported. Facebook Founder and CEO Mark Zuckerberg published “Charting the Way Forward: Online Content Regulation.”

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PYMNTS

FEBRUARY 18, 2019

Facebook , which has been under fire for months over data scandals, expressed openness to new regulation. According to a report in Reuters citing Facebook’s public policy manager Karim Palant, the executive said the social media giant is “open to meaningful regulation.” Google in 2012 paid $22.5

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PYMNTS

JANUARY 18, 2019

Regulators in the United States have reportedly met to discuss levying fines against social media giant Facebook , a punishment that could be sizable in scope and which comes in the wake of privacy violations. million paid by Google in 2012. The fine would reportedly be “record-setting” in scope and would eclipse the $22.5

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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 billion acquisition deal for Google to buy Fitbit. Japan is teaming up with the U.S. We’re closely watching developments including in Europe.”.

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SEPTEMBER 20, 2018

European regulators this week continued to show their love, respect and admiration for U.S.-based Assuming that caught your attention, here’s the real story: It’s shaping up as a busy week for regulators in Europe (including Turkey, which for purposes of this article, qualifies as Europe). Google Fine. Speaking of Google ….

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PYMNTS

SEPTEMBER 8, 2020

Here’s the latest news for Big Tech’s Google , Amazon , Apple and Facebook , which are coming under increasing scrutiny from legislators and regulators the world over. Regulation. Meanwhile, Google is set to make advertisers pay Britain’s digital services tax. Russian Legislator Seeks to Place Limits on App Commissions.

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MARCH 31, 2019

Facebook CEO Mark Zuckerberg wrote an opinion piece in The Washington Post calling on regulators to take a “more active role” in making rules for how to police the internet, according to reports. “By Federal Trade Commission is gearing up to hold talks with state attorneys general about Facebook and Google ’s position in the technology space.

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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. states and the DOJ.

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PYMNTS

JANUARY 19, 2018

Google has inked a pact with China’s multinational investment holding conglomerate Tencent Holdings in a deal that cross-licenses a number of patents. On the Tencent side, the work with Google would follow a number of investments made over the past several months, including funds for both Tesla and Spotify, among others.

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DECEMBER 16, 2020

Google announced a similar move in February. Facebook, Google and many other companies have based their European subsidiaries in Ireland, an EU member, with the Emerald Isle’s legal and regulatory relationship with the U.K. Facebook will transfer its U.K. Facebook’s U.K. now poised for a major readjustment with Brexit.

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FEBRUARY 12, 2019

Govindacharya have asked lawmakers in India to call leaders of Google and Facebook to the country to ask them about data privacy and their compliance on tax laws, according to a report from Reuters. Indian activists with the New Delhi-based Centre For Accountability And Systemic Change (CASC) and right-wing activist K.N.

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MAY 16, 2019

Across the European Union (EU), technology providers and social media platforms are increasingly playing a bigger role in the Open Banking ecosystem. At the same time, however, many players, like Facebook and Google , are squaring off against regulators that are looking at their data and payment policies with more scrutiny.

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MARCH 30, 2018

With fresh concerns about government regulation of cryptocurrency surfacing, Bitcoin and other digital tokens continued the recent declines in value, erasing $550 billion in value for the global cryptocurrency market since the start of 2018. After all, one of the appeals of digital tokens is that they are not regulated and are anonymous.

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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.

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SEPTEMBER 18, 2019

Zuckerberg is scheduled “to meet with policymakers and talk about future internet regulation” on Thursday (Sept. The social media giant has also been under scrutiny via multiple antitrust investigations. Facebook CEO Mark Zuckerberg is set to testify on Capitol Hill once again. A spokesperson for Sen.

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MAY 25, 2018

As Europe’s General Data Protection Regulation (GDPR) comes into effect, Facebook privacy critic Max Schrems has filed four complaints over consent required to use online services. The complaints were filed against Facebook — along with its Instagram and WhatsApp services — and against Google ’s Android, TechCrunch reported.

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DECEMBER 31, 2018

Some popular apps for Android smartphones are feeding data to Facebook without user consent, which could be a breach of the European Union’s (EU’s) General Data Protection Regulation ( GDPR ). The report came as the social media giant already faces issues related to GDPR. million USD), whichever is greater.

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MARCH 11, 2019

European Union Competition Commissioner Margrethe Vestager said that breaking up big tech companies like Facebook and Google should be seen as a last resort, and that the better idea might be to find a way to regulate data usage. Vestager was speaking at SXSW , according to reports. “To

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CB Insights

JULY 31, 2018

Google is eyeing your profile picture. The tech giant’s latest facial recognition patent highlights an image search system that incorporates information from social networks — potentially including Facebook, Twitter, Gmail, online blogs, and more. ” Google’s global expansion in TELECOM. Google Glass.

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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. More Nevada Tax Breaks for Google Data Centers . Facebook Threatens EU Withdrawal Over Data Sovereignty. about its EU users.”

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NOVEMBER 27, 2018

IBM CEO Ginni Rometty is the latest tech executive to criticize web platforms, such as Facebook and Google , over their data collection practices. “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.

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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.

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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.

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MARCH 18, 2019

Facebook ’s stock was under pressure Friday (March 15), reaching its lowest point in three months after it announced Chris Cox, chief product officer, is leaving the social media giant. In a research report late last week JPMorgan said Cox played a critical role in creating the social media giant’s mission, value and culture.

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APRIL 12, 2018

Consumer Watchdog pointed out that Facebook’s latest breach violates its 2011 consent decree with the FTC, adding that the social media giant should be fined. Markey (D-Mass.) and Richard Blumenthal (D-Conn.) introduced The Customer Online Notification for Stopping Edge-provider Network Transgressions (CONSENT) Act.

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DECEMBER 15, 2020

15) extensive potential new regulations for digital services that would cover online marketplaces, social media and other platforms, offering first drafts for the Digital Markets Act (DMA) and the Digital Services Act (DSA) to the public. The European Commission released on Tuesday (Dec.

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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.”.

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PYMNTS

SEPTEMBER 16, 2019

On Friday, the House Judiciary Committee, investigating antitrust issues tied to marquee names such as Facebook, Google and others, delivered letters asking for communications and documents that may shed light on the reasons and processes surrounding changes in the competitive landscape, including various mergers and acquisitions.

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NOVEMBER 21, 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.”. “If Department of Justice is currently investigating companies like Google and Facebook, and is even exploring the possibility of breaking them up.

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PYMNTS

NOVEMBER 16, 2020

Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report.

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FEBRUARY 20, 2020

Attorney General William Barr said on Wednesday he was unsure whether social media giants like Facebook and Google needed the immunity that protected them from being sued over content posted by their users, which has protected such companies in the past.

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PYMNTS

DECEMBER 19, 2019

The tech companies cited included social media giant Tencent , Sina Corp., A total of 41 apps were found to be not in compliance of user data rules, according to regulators, and violations included improperly collecting or using information about visitors to their services. Sohu.com Ltd. and Xiaomi Corp.

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NOVEMBER 10, 2019

The membership roster for the CCIA includes Amazon, Facebook and Google, among others. Delrahim also cautioned that there could be competition concerns by regulators over data collected by tech companies. Delrahim also cautioned that there could be competition concerns by regulators over data collected by tech companies.

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PYMNTS

AUGUST 21, 2020

The social media company let American and Canadian users move media to Google Photos for the first time back in the spring. The news comes as Mark Zuckerberg, the chief executive of Facebook, testified before the FTC as part of the organization’s antitrust probe into the social media company.

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PYMNTS

JANUARY 9, 2019

Back then, he had warned executives at the social media company of the potentially damaging impact of Facebook’s data sharing policies. Financial Times highlighted a 2016 blog post in which Parakilas warned about the impact of social media. “We Parakilas felt his concerns weren’t taken seriously at the time.

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