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US Commerce Secretary expresses concerns with China over Micron and Intel
Aug 29,2023
During her visit to Beijing on 28 August, US Commerce Secretary Gina Raimondo discussed with Chinese Commerce Minister Wang Wentao concerns about restrictions on American tech businesses, including Intel and Micron Technology. The two discussed China...
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EU Regulators scrutinise Microsoft's move to sell Non-EU cloud rights to Ubisoft
Aug 23,2023
The EU competition regulators will analyse the repercussions of Microsoft's solution in the UK, where it intends to sell its non-EU cloud streaming rights to Ubisoft Entertainment. This move is aimed at gaining approval for its acquisition of Activis...
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Mobile carriers face fines in South Korea for false claims on 5G speeds
Aug 18,2023
The Korea Fair Trade Commission (KFTC), South Korea's antitrust regulator, has fined three domestic mobile carriers a total of 33.6 billion won ($25.06 million) for exaggerating 5G speeds. SK Telecom received a fine of 16.8 billion won, KT 13.9 billi...
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PayPal temporarily halts cryptocurrency purchases for UK customers
Aug 17,2023
PayPal is working to comply with new UK regulations coming into effect on 8 October 2023. Britain's financial regulator, the Financial Conduct Authority (FCA), is imposing tougher rules on cryptocurrency products and services marketing and advertisin...
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Intel's $5.4 Billion Acquisition of Tower Semiconductor Falls Through After Chinese Regulators Delay Approval
Aug 16,2023
After regulators failed to approve the deal, Intel decided to terminate its planned$5.4 billion acquisition of Israeli chipmaker Tower Semiconductor. The mutual termination between Intel and Tower Semiconductor directly results from regulatory hurdle...
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Canadian media groups challenge Meta's news content block
Aug 09,2023
Canadian media industry organizations have urged the country's antitrust regulator to look into Meta Platforms' decision to block news content on its platforms within the nation. The groups claim that Meta, the parent company of Facebook, is abusing ...
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European Commission investigates Adobe's proposed acquisition of Figma
Aug 07,2023
The European Commission has launched an extensive investigation into Adobe's proposed acquisition of Figma, a rival digital design software, citing concerns about reduced competition in the global markets for interactive product design software and d...
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US Judge allows key part of Google antitrust lawsuit to proceed to trial
Aug 05,2023
US District Judge at Washington federal court, Amit Mehta, ruled that a central part of the 2020 complaint filed by the US Department of Justice (DOJ) and US states accusing Google of suppressing competition in the advertising market will be heard at...
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TikTok announces new package of features before Digital Services Act
Aug 04,2023
TikTok has revealed a series of fresh updates for its European users. These enhancements are designed to improve adherence to upcoming regulations set by the European Union in the form of the long-anticipated Digital Services Act (DSA). On Friday, th...
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French news agency sues X, formerly Twitter over news compensation
Aug 03,2023
Agence France-Presse (AFP), a French news agency, has filed a lawsuit against Elon Musk's social media platform, X (formerly known as Twitter). AFP accuses X of refusing to engage in discussions about paying for the distribution of news content on th...
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EU Commission seeks public feedback on consumer profiling reporting template under DMA Article 15
Aug 03,2023
The European Commission is seeking input on a template related to reporting on consumer profiling techniques under Article 15 of the Digital Markets Act (DMA). This template will be used by designated gatekeepers to describe their consumer profiling ...
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US Artificial Intelligence Caucus proposes the creation of an AI research centre
Aug 02,2023
In a joint effort to promote accessible and inclusive AI development, representatives of the Artificial Intelligence Caucus of the US Congress have come together to propose the establishment of the National Artificial Intelligence Research Resource (...
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