Lawmakers Introduce Liability, Competition Bills Targeting Giant Internet Firms October 18, 2021 By Anna Edgerton and Rebecca Kern The biggest U.S. tech companies would face new constraints under two bills announced Thursday after a month of revelations from...
Tech Giants Are ‘Too Big to Fail’ Because They Host Insurers, Banks on Cloud Platforms August 20, 2021 By Iain Withers and Huw Jones More than a decade on from the financial crisis, regulators are spooked once again that some companies at the heart...
Amazon Enters India Wealth Management with Investment in Smallcase Technologies August 18, 2021 By Saritha Rai Amazon.com Inc. has made its maiden investment in India’s wealth management sector, participating in a $40 million round by fintech...
Global Regulators Warned About Entry of ‘Big Tech’ Firms into Financial Services August 3, 2021 By Marc Jones Central banks and financial regulators urgently need to get to grips with the growing influence of “Big Tech,” according to...
Tech Giants’ Move into Indian Financial Services Poses Stability Risk: Central Bank July 2, 2021 By Suvashree Ghosh India’s central bank warned about the growing presence of technology giants in the country’s digital financial services and payment systems...
Big Tech Lobby Seeks EU Liability Cover to Tackle Hate Speech, Illegal Content October 26, 2020 By Natalia Drozdiak Big technology platforms are calling on the European Union to protect them from legal liabilities for removing hate speech and...
House Antitrust Panel Blasts Big 4 Internet Firms for Abuses; Seeks Reforms, Separations October 7, 2020 By Nandita Bose and Diane Bartz A U.S. House of Representatives panel looking into abuses of market power by four big technology companies found they used...