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Malaysia considers regulations requiring Google and Meta to compensate news outlets
Sep 05,2023
Malaysia is discussing with tech giants Google and Meta Platforms (parent company of Facebook) to introduce regulations that would mandate compensation for news outlets when these internet giants source their content. The Malaysian Communications and...
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US to continue selling chips to China, but not most advanced ones
Sep 05,2023
Gina Raimondo, the US Secretary of Commerce, announced on CNN that the United States 'will continue to sell chips to China, but not the most powerful ones', referring to advanced AI chips. Following a series of measures implemented late last year and...
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Huawei may have developed its own 5G chip to bypass US sanctions
Sep 01,2023
Huawei, under tight US sanctions since 2019, started selling its latest Mate 60 Pro smartphone this week, raising speculation about its 5G capabilities. Some online reviews claim the device comes with the Kirin 9000s chip to support 5G and satellite ...
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To deter EU antitrust concerns, Microsoft will unbundle Teams from Office suite
Aug 31,2023
In an attempt to revert the EU antitrust fine, Microsoft has now announced that it will unbundle Teams from its Office product. The proposed modifications have been introduced after the European Commission initiated a probe into Microsoft's linking o...
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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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