All Technology articles – Page 36
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Article
All eyes on how Ireland will handle Big Tech and GDPR
Ireland—home EU regulator to Big Tech firms including Google, Twitter, and Facebook—is the key country not to have issued a GDPR-related fine yet, though the regulator has said it has started at least 19 inquiries into the sector.
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Qualcomm fined $271M for predatory pricing
The European Commission has fined Qualcomm 242 million Euros (U.S. $271 million) for anti-competitive behavior in violation of EU antitrust rules. Qualcomm says it has done nothing wrong and will appeal the finding.
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Congress debates: Are tech giants bullies or saviors?
Amazon, Google, Facebook, and Apple were called before Congress this week to debate what critics perceive as the anti-competitive, entrepreneur-chilling effects they trigger with their size and scope.
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Google, Amazon fire back: Rising tide lifts all boats
A common refrain—and effective defense—from tech companies at the House Judiciary hearing this week was that rather than stifling competition, their size and scope is responsible for a tide that raises all boats in their wake.
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EU investigating Amazon over antitrust concerns
The European Commission is investigating Amazon over concerns that the company’s use of data gathered from independent retailers that sell on its marketplace breaches EU competition rules.
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Congress, Treasury take swings at Facebook’s Libra plan
A plan by Facebook to enter the world of virtual currency is attracting predictable skepticism in Washington. It could also expedite the slow emergence of national data protection laws.
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FTC looks worryingly timid in staying silent on Facebook
The FTC, by dragging its feet and keeping silent on a massive Facebook fine, raises concerns about its potential role as top cop on the data privacy beat.
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After another arrogant move, Facebook needs to be put in check
The social media company is hardly quiet about its crypto initiative, but nevertheless failed to see the materiality of creating a global payments system.
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Fed Chair urges caution with Facebook virtual currency venture
Count Federal Reserve Chairman Jerome Powell and several members of Congress as concerned observers of Facebook’s planned foray into the world of virtual currency.
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Resource
Guide: Can your ID verification solution stand the heat?
The price of fraud keeps going up, costing the global economy $41.6 trillion per year. Recognizing the four degrees of fraud is the first step in keeping fraudulent users off your platform.
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U.K.'s CMA mulls new regulator to tackle Big Tech
The CMA, U.K.’s competition watchdog, explores whether a separate regulator is needed to oversee leading digital firms that have become “data monopolies” that stifle competition.
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Resource
White paper: 5 Compliance Steps for Video Conference Recording in Financial Services
There are 6+ different electronic communications present in video conferencing. MiFID II and SEC 17a-4 have retention and supervision requirements that apply to the audio and electronic communication within video conferences, requiring organizations to develop a compliance plan to govern this growing medium of communication.
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Vote: Would you give up social media use for lifetime data privacy?
Would you give up social media for life in order to guarantee a lifetime of data privacy? According to a study by global cyber-security company Kaspersky, nearly 4 in 10 (38 percent) consumers would.
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Congress takes aim at Big Tech with new bills
Bills working through Congress would make it harder for tech companies to profit from consumer data and force them to better secure networked devices.
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Poll shows gaps in integrated risk management
Many organizations’ enterprise risk management capabilities aren’t as integrated as they need to be, leaving them vulnerable to legal, financial, regulatory, and reputational risks, according to a new GRC benchmark report.
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Warner, Rubio urge no retreat from Huawei pressures
A bipartisan duo of senators has expressed concern that the White House might go easy on Huawei to achieve a favorable outcome on trade negotiations.
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Despite critics, Facebook plunges into virtual currency
Amid growing antitrust scrutiny and data privacy complaints, Facebook is nevertheless expanding into the cryptocurrency space.
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Breaking up is dumb to do
Is splitting up big tech companies a cure for their outsized influence? Probably not.
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Antitrust argument the latest attempt to regulate Big Tech
Congress and presidential candidates alike are escalating their efforts to thwart the dominance of the tech giants.
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States continue to fill federal data privacy void
While Congress largely remains mired in hearings and pre-election posturing, states are increasingly putting their own scrutiny on large tech companies and their data collection policies.