CMA chief executive defends Microsoft-Activision decision to Parliament, saying agency is not seeking to foster 'hostile environment'
News regulation
EU Ministers Approve World’s First Crypto Rules
EU finance ministers approve MiCA, pushing forward world's first comprehensive regulatory regime for crypto assets amidst chaos in sector
Former ByteDance Executive Accuses Firm Of ‘Lawlessness’
ByteDance says it will 'vigorously' fight allegations by former executive as TikTok subsidiary faces data privacy criticism
European Commission Approves Microsoft-Activision Takeover
European regulators approve Microsoft's $69bn acquisition of Activision-Blizzard after opposition by US and UK regulators
UK Further Restricts Microsoft-Activision Buy
UK CMA regulator places further restrictions on Microsoft and Activision to 'prevent pre-emptive action' by companies
TikTok Sister Site Douyin Mandates Labels For AI Content
TikTok's Chinese sister platform Douyin publishes new rules mandating labels for AI-generated content, as sector faces increasing regulation
Crypto Exchange Bittrex Files For Bankruptcy After SEC Action
Cryptocurrency exchange Bittrex files for bankruptcy in US following SEC regulatory action that accused it of trading in unlicensed securities
Apple Co-Founder Wozniak Warns Over AI Misuse
AI is likely to be misused by 'bad actors' to spread fraud and misinformation and must be regulated, says Apple co-founder Steve Wozniak
LinkedIn To Shutter China Site, Cut 716 Jobs
Microsoft-owned business social network LinkedIn to close remaining China job application service, cut 716 jobs amidst tougher regulation
Biden Meets With Google, Microsoft Bosses Over AI
US president Joe Biden meets with chief executives of Google, Microsoft, two AI firms over concerns about technology's safe development
TikTok Tracked UK Journalist Via Cat Account
TikTok tracked location of Financial Times journalist Cristina Criddle via an account in the name of her cat, as data controversy continues
UK Introduces Long-Delayed Digital Markets Legislation
UK government introduces legislation ramping up regulation of the biggest tech firms, after years of delays
US Congress Targets China’s Shein, Temu In Latest Backlash
US Congress advisory group singles out popular China-linked fast-fashion apps Shein and Temu over data concerns
Indian Start-Ups Demand Delay For New Google Payment System
Group of Indian start-ups claims new Google in-app payment system allowing third-party providers charges 'unsustainable' fees
South Korea Fines Google £26m For Blocking Rival App Store
South Korean regulator fines Google 42.1bn won for attempting to block the growth of rival app store One Store through deals with game makers
Martha Lane-Fox Warns Against AI ‘Hysteria’
Lastminute.com founder Martha Lane-Fox warns against AI 'hysteria' and calls for 'reasonable conversations' amidst ChatGPT frenzy
Italy Bans ChatGPT Over Personal Data Risk
Italian data regulator bans ChatGPT in country and opens probe into whether chatbot's data collection complies with GDPR
US Reglators Seek Ban On Crypto Exchange Binance
US regulators sue biggest crypto exchange Binance, alleging violations of US financial laws and seeking injunction
Alibaba’s Jack Ma Returns To China After Year’s Absence
Jack Ma reportedly visits school in Hangzhou after year's absence from mainland China, as regulatory crackdown eases
US Rules Bar $52bn Chip Funds From Benefiting China
Proposed rules from US Commerce Department block recipient firms from expanding in China or engaging in joint research and development
China Approves More Imported Games As Crackdown Eases
Chinese game regulator approves 27 foreign games for domestic release in latest sign that crackdown on gaming industry is easing
Taiwan Financial Regulator ‘To Oversee Crypto’
Head of main Taiwan financial regulator FSC says body will be responsible for crypto industry, as island tightens controls
Bitcoin Surges Above $28,000 Amidst Banking Turmoil
Biggest cryptocurrency Bitcoin surges to nine-month high after central banks liquidity measures in response to banking sector turmoil
India ‘Considers’ Mandatory Smartphone Security Screening
India government reportedly considers making preinstalled apps removable and mandatory security screening of major operating system updates
Canada Launches Latest TikTok Data Privacy Probe
Canada federal, provincial governments to probe whether TikTok complies with prvacy law after app banned on EU Commission, Council devices
Binance Stablecoin Company ‘In Talks’ With US SEC
Paxos, company behind Binance USD, reportedly in 'constructive' talks with US SEC as regulators tighten focus on crypto companies
Microsoft Meets With EU Regulators Over Activision-Blizzard Deal
Microsoft, Sony meet with EU regulators as $69bn deal faces headwinds from regulators in US and UK over competition concerns
China Overhauls Overseas, Domestic IPO Rules
China introduces major overhaul of rules governing IPOs on mainland and overseas exchanges, following years-long crackdown
Huobi, OKX To Apply For Hong Kong Crypto Licences
Major crypto exchanges Huobi Global and OKX to apply for licences under new Hong Kong regulatory regime aimed at turning city into crypto hub
New York Regulator Orders Shutdown Of Major Stablecoin
New York regulator orders Paxos Trust to stop issuing third-biggest stablecoin Binance USD, as authorities crack down on crypto industry