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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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In Europe, Single Data Market Looms?

PYMNTS

tech firms’ dominance across online platforms, and the collection and use of data. On the basis of this fact-finding, the Commission will consider how best to address more systemic issues, including by ex ante regulation, if appropriate, to ensure that markets stay open and fair,” the paper noted. CFPB Files Suit Against Citizens Bank.

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Google’s AG Onslaught A Big Fizzle For Tech

PYMNTS

As you no doubt know, 50 attorneys general this week announced an antitrust investigation into Alphabet and Google’s operations. The regulators, it seems, are closing ranks — indicating a fizzle for Google and its peers. For Big Tech, Monday offered a show of unity likely less than desired.

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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

Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project. The company also found itself confronted by conflicting energy program mandates and regulations. operations and had not been successful in raising new funding, among other things.

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 Big Tech Antitrust Hearings Begins with Scrutiny of Media Industry

PYMNTS

Lawmakers held the first of several hearings into the marketplace power of online platforms such as Facebook and Google Tuesday (June 11 th ). David Cicilline, Democrat of Rhode Island and antitrust committee chairman, said the Tuesday panel marks “the first significant antitrust investigation undertaken by Congress in decades.”.

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