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Ofcom refers cloud market to CMA over concerns about Microsoft, Amazon

UK telecoms regulator Ofcom said it planned to refer the cloud market to the Competition and Markets Authority (CMA) after discovering concerning practices by Amazon and Microsoft. ....

Fergal Farragher , Category All , Category Company News , Category News And Announcements , Category Ifa News Round Up , Category Headline News , Category Fidelity Top Stories , Category Sectorial Retail Trade ,

Ofcom refers cloud market to CMA amid 'concern over practices of Amazon and Microsoft'

Tech giants Amazon and Microsoft have come under fire as media regulator Ofcom said it would refer the cloud market to the UK competition watchdog after uncovering what it called “concerning practices” by key market players during an investigation. ....

United Kingdom , Bert Jacobs , Financieele Dagblad , Francisco Mingorance , Fergal Farragher , Radboud University In Nijmegen , Amazon Web Services , Markets Authority , Web Services , Radboud University , Het Financieele Dagblad , Secretary General , Amazon Web Services ,

Ofcom: AWS/Azure dominance bad for competition, 'could deteriorate further'

UK telecoms regulator proposes a fully-fledged competition probe into a market that's dominated by two hyperscalers ....

United Kingdom , Fergal Farragher , Michel Paulin , Markets Authority , Microsoft Azure , United Kingdom Iaas ,

FCA takes data-led approach to help cut financial crime

Cutting financial crime remains a top priority for the FCA, which has said it will increase its use of data to identify susceptible firms. ....

Debbie Barton , Online Safety Bill , Financial Conduct Authority , Debbie Barton , Ca Business Plan 2023 24 , Financial Crime ,

BBCNEWS BBC News at Ten June 4, 2024 21:15:00

Watchdog for failing to protect the privacy of children. the information commissioner s office estimated that tiktok allowed up to 1.4 million children aged under 13 in the uk to use the platform in 2020. the video sharing app used the data of children of this age without parental consent, according to the ico, and it said that children s data may have been used to track and profile them and potentially to present them with harmful or inappropriate content. our technology editor zoe kleinman has more details. let s just remind you what tiktok is. it is a social media platform owned by a chinese tech company which allows you to watch and share short videos. it is used by over a billion people across the world and it has been downloaded more than 3.5 billion times. the media regulator, ofcom, recently released a children s and parents online attitude survey and that showed over half of children in the uk aged 3 17 used tiktok last year. now tiktok has been fined ....

Social Media Giant Tiktok , Video Sharing , The Uk , Information Commissioner S Office , 1 4 Million , Chinese Tech Company , Zoe Kleinman , Social Media Platform , Used Tiktok , Attitude Survey , 3 5 Billion , A Billion ,