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9) that the country contemplate creating a new regulatory unit whose approval would be required before any dominant technology company could make an acquisition in the country. s approach to regulating FinTech companies could offer insights into the best ways to increase regulation of Big Tech firms. “It Coscelli said the U.K.’s
Here’s the latest news from companies in the technology industry, which are coming under increasing scrutiny from officials and criticism from competitors. Attorney General Paxton’s ad tech claims are meritless, yet he’s gone ahead in spite of all the facts,” a Google representative noted, per the Texas Tribune. In October, the U.S.
Zuckerberg is already scheduled to appear before the House Judiciary Antitrust Subcommittee on July 27, where he and other top tech executives are expected to face tough questions from lawmakers. The company has emerged as a dominant player in the nation’s digital advertisingmarket. billion global users. states and the DOJ.
Other developers are leveraging various automation systems, which combat fraud by reducing the opportunities humans have to disrupt the system and increasing the digital payments’ transparency. Businesses are turning to a variety of solutions to fight fraud, including leveraging blockchain technology. billion in quarterly ad revenue.
7), alleging that the tech giant infringed on their patents for music speakers, per reports in The New York Times. Sonos is now accusing Google of infringing on five patents, including for technology that lets wireless speakers connect and synchronize with one another. Sonos is suing Google as of Tuesday (Jan.
tech company on lobbying as the tech sector faces increased scrutiny and the potential for more regulation. million on lobbying in 2018 and for two years in a row has been the leading corporate spender among the tech companies. Spending by the tech companies is going to lobbying varying issues including competition and privacy.
s Competitions and Markets Authority (CMA) has begun an investigation to look at whether Google’s proposals would hurt publishers and give the Big Tech behemoth an even bigger piece of the online advertising pie, Reuters reported on Friday (Jan. Big Tech has come under increasing criticism from regulators and lawmakers.
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