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Intel successfully defends chip sales to Huawei against AMD's attempt to halt
Mar 12,2024
Intel has successfully fended off an attempt to halt its chip sales to Huawei, providing itself more time to continue supplying the heavily sanctioned Chinese telecoms company. The push to revoke Intel's license, issued by the Trump administration, c...
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Hong Kong monetary authority regulate stablecoin issuers
Mar 12,2024
The Hong Kong Monetary Authority (HKMA) has announced the launch of a new stablecoin issuer sandbox arrangement. This initiative is part of the HKMA's plan to regulate stablecoin issuers in Hong Kong. It aims to provide a platform to communicate supe...
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South Korea considers sanctions on Meta over user protection failures
Mar 08,2024
South Korea's antitrust agency, the Korea Fair Trade Commission (FTC), is reportedly considering sanctions against Meta Platforms over allegations of inadequate protection for users of Facebook and Instagram marketplaces against fraudulent transactio...
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Big Tech race to comply with the EU's Digital Markets Act
Mar 07,2024
Major tech giants, including Google, Apple, Amazon, Microsoft, Meta, and ByteDance, the owner of TikTok, have been working intensively over the past six months to comply with the Digital Markets Act (DMA), a significant EU regulatory initiative targe...
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Renewal or beginning of the end of WTO's e-commerce moratorium?
Mar 04,2024
After long negotiations, the WTO Ministerial Meeting reached a compromise solution on the Moratorium on customs duties on electronic transmissions. The negotiation positions ranged from OECD, some developing countries and China aiming to make the Mor...
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European media companies sue Google over ad practices
Mar 01,2024
More than 30 European news media companies, including Axel Springer, have filed a lawsuit against Google, seeking approximately$2.1 billion in damages. The companies allege that Google's ad technology practices have created a less competitive market,...
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Semiconductor council urges India to alter its tariff stance on digital e-commerce and data transfer
Feb 23,2024
A consortium of international semiconductor organisations called the World Semiconductor Council (WSC) has urged India to reevaluate its proposed tariffs on digital e-commerce and data transfers. They warned that such measures could hinder the growth...
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Draft of digital trade protocol to AfCFTA circulated
Feb 21,2024
The African Continental Free Trade Area (AfCFTA) Secretariat has unveiled the draft of the Protocol to the AfCFTA on Digital Trade during the Ninth Extraordinary Session of the Special Technical Committee on Justice and Legal Affairs held in Durban, ...
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The EU Commission decides that iMessage, Bing, Edge, and Microsoft Advertising are not gatekeeper services
Feb 13,2024
The European Commission has announced that Apple's iMessage, along with Microsoft's Edge browser, Bing search engine, and advertising business, will not be considered as 'core platform services' under the European Union's Digital Markets Act (DMA). T...
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UK calls for mandatory identity verification on Meta's marketplace to combat shoplifting
Feb 12,2024
The UK's National Police Chiefs' Council (NPCC), has called on Meta to implement mandatory identity and location verification on Meta's marketplace platform. The NPCC Chief Superintendent Alex Goss, believes that online platforms such as Meta need to...
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IntelBroker claims responsibility for leaking a partial database of Facebook Marketplace
Feb 11,2024
Threat actor IntelBroker has claimed responsibility for leaking a partial database of Facebook Marketplace, allegedly stolen by another actor named "algoatson" on Discord. The breach targeted a contractor managing cloud services for Facebook, comprom...
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Class action lawsuit alleges Amazon violates consumer protection
Feb 09,2024
The lawsuit claims that the algorithm used in its "Buy Box" feature steers shoppers towards higher-priced items, while obscuring lower-priced options with faster delivery times. The complaint argues that this practice is deceptive, as it prioritizes ...
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