Page 5 - Sam Schechner News Today

And to enforce these rules. in the past, it has been a lot more favourable to these us multinationals that are coming and establishing itself there. look, this is a big way for the eu to really send a message that you need to abide by these rules. what the eu is saying is that, really, amazon didnt do enough to get peoples consent before using their personal data. now, amazon, for its part, has said that this actually has absolutely no merit and that it is taking a very different kind of interpr...

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Congress is entering a new phase in its years-long battle to rein in tech's power.

By Paul Hannon, Richard Rubin and Sam Schechner The Group of Seven leading rich countries agreed to back new rules for taxing businesses that operate internationally in a significant step...

Provided by Dow Jones By Sam Schechner The European Union and the U.K. have opened formal antitrust investigations into Facebook Inc.s classified-ads service, Marketplace, ramping up regulatory scrutiny for the company in Europe. Both the European Commission--the EUs top antitrust enforcer--and the U.K.s Competition and Markets Authority said Friday that they are investigating whether Facebook repurposes data it gathers from advertisers who buy ads in order to give ...

It kicks off a legal battle over the measure, which is set to take effect July 1.

Provided by Dow Jones By Sam Schechner Facebook Inc. and other tech giants are awaiting an Irish ruling that could help determine whether, and how quickly, they have to suspend the flow of data about European Union residents to computer servers in the U.S. In the balance is billions of dollars of business in the cloud-computing, social-media and advertising industries. Irelands High Court is expected to rule Friday on Facebooks bid to derail a preliminary de...

Google's parent company Alphabet says it will no longer invest in advertising technology that tracks people across the internet.

La Nouvelle Tribune By    The U.K. is investigating Apple Inc.’s AAPL +0.39% treatment of app developers that offer their wares on the company’s App Store, adding a new front to antitrust complaints against the iPhone maker. The Competition and Markets Authority, the U.K.’s antitrust regulator, said Thursday that it has opened an investigation into whether Apple imposes unfair or anticompetitive conditions on app developers, including requirements that some t...

By Sam Schechner The U.K. is investigating Apple Inc.s treatment of app developers that offer their wares on the companys App Store, adding a new front to antitrust complaints against the iPhone maker. The Competition and Markets Authority, the U.K.s antitrust regulator, said Thursday that it has opened an investigation into whether Apple imposes unfair or anticompetitive conditions on app developers, including requirements that some types of apps use Apples in-app payment system, f...