By Sam Nussey TOKYO (Reuters) – SoftBank Group Corp has created an executive committee to oversee its second Vision Fund,…
Meta, Alphabet, Pinterest shares shudder on Snap warning
By Noel Randewich (Reuters) – Shares of Meta Platforms, Google-owner Alphabet and other companies that sell digital ads dropped late…
Google fined $162 million by India antitrust watchdog for abuse of Android platform
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -India’s competition regulator on Thursday ordered Alphabet Inc’s Google to change…
Meta refuses to give up on campaign to disqualify FTC chair
By Alison Frankel (Reuters) – Meta Platforms Inc has almost no chance of barring the chair of the U.S. Federal…
Amazon faces $1 billion lawsuit in UK for ‘favouring its own products’
LONDON (Reuters) – Amazon.com Inc is facing a lawsuit in Britain for damages of up to 900 million pounds ($1…
U.S. FTC votes to strengthen rules against fake online reviews and hidden fees
By Diane Bartz WASHINGTON (Reuters) – A U.S. agency voted on Thursday to begin making rules to crack down on…
Tesla cars will not be approved as fully self driving this year, Musk says
By Hyunjoo Jin and Akash Sriram (Reuters) -Tesla Inc’s advanced driver assistant software will not gain regulatory approval in 2022,…
Texas sues Google for allegedly capturing biometric data of millions without consent
WASHINGTON (Reuters) -Texas has filed a lawsuit against Alphabet’s Google for allegedly collecting biometric data of millions of Texans without…
Banking agencies to provide guidance on crypto after better understanding risks- FDIC head
By Hannah Lang (Reuters) -Banking regulators expect to provide industry guidance to financial institutions on crypto-related activities once agencies better…
Instagram to make it easier to avoid trolls
(Reuters) – Instagram will enhance features that help users block the accounts of abusers and trolls on the social media…