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Ireland concerned about USA global 15% tax proposal
May 25,2023
Ireland's Finance Minister Paschal Donohoe has said that his country had a 'really significant concern' about the proposal for a global rate of tax, which is being currently discussed among finance ministers of the G7, and more importantly,...
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Meta Platforms loses court case in the EU over data information request
May 24,2023
Meta Platforms' legal challenge against EU antitrust regulators has been unsuccessful as Europe's court upheld the European Commission's request for information regarding its investigation into Facebook's data and online marketplace. Meta complained ...
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MTN South Africa pens mobile money deal with IFC
May 21,2023
South African mobile operator MTN has concluded a deal with the International Finance Corporation (IFC) to develop a mobile money project. As part of this initiative, the MTN is expected to hire 10,000 agents as well as a business development team th...
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ChatGPT App rolled out to Apple users while banned for Apple's own staff
May 19,2023
OpenAI is introducing its ChatGPT app to users of Apple's IOS. The app is already available for IOS customers in the US and will be gradually offered in other countries in the coming weeks. The ChatGPT app is available as a free version that allows s...
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Impact of COVID-19 on the tech entrepreneurship ecosystem in MENA
May 18,2023
As the COVID-19 outbreak continues to impact the way we live, work, and operate, very few start-ups across the Middle East and North Africa (MENA) region have managed to escape the repercussions of this pandemic. Some sectors have witnessed a surge i...
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Indian Parliamentary Panel calls OTT platforms to avoid explicit content
May 16,2023
The Parliamentary Committee on Communication and Technology in India summoned representatives from leading over-the-top (OTT) services like Netflix, Amazon Prime Video, Sony Liv, Disney+ Hotstar, and Zee 5. They were urged to avoid explicit content a...
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The G7 group agrees on diversifying global supply chains
May 14,2023
The finance ministers and central bank governors of the G7 nations have agreed to work together to diversify global supply chains, reduce reliance on a single source for critical goods, and create more resilient economies. The move comes in response ...
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Brazil launches investigation on Telegram and Google executives for 'abusive campaign'
May 13,2023
The Supreme Court of Brazil has initiated an investigation into the executives of Telegram and Google after the platforms campaigned against a proposed internet regulation bill. The Lower House Speaker Arthur Lira requested the investigation, accusin...
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Italy's competition authority opens probe into Apple
May 11,2023
The Italian Competition Authority (AGCM) initiated an investigation against the US tech giant Apple for allegedly abusing its dominant position in the app market. AGCM accused Apple of imposing a more restrictive privacy policy on third-party app dev...
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Competition authority to fine Facebook for antitrust violations in Israel
May 11,2023
The competition authority in Israel announced it is considering imposing a fine of$1.8 million on Facebook for buying 2 Israeli companies without the authority's consent. Under Israel's competition law, Facebook is obliged to report on and ask permis...
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The metaverse might add up to a 2,5 percent of the US GDP in the next decade
May 10,2023
The metaverse, a virtual world where people can interact with each other in a fully immersive way, could become a massive economic force, according to a commissioned study by Meta (former Facebook). The study estimates that by 2035, the metaverse cou...
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Advertisers still betting on TikTok despite potential ban
May 05,2023
TikTok is currently trying to avoid being banned in the U.S. as lawmakers have proposed a bill allowing President Joe Biden's administration to ban apps they deem a security risk. The short-form video app has already been prohibited fr...
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