European Commission targets Google’s advertising practices

According to a document from the European Commission, antitrust regulators from the European Union have sought information from advertisers regarding Google’s advertising technology practices. During the last three years, Google, owned by Alphabet Inc, has been fined a total of $10 billion (8.25 billion euros) for blocking rivals in online shopping, online advertising and Android…

Britain’s IG plans to acquire U.S. trading platform tastytrade for $1 billion

In a statement on Thursday, Britain’s IG said, it plans to acquire tastytrade, a U.S. trading platform, for $1 billion. The development will see IG venturing into North America following a stellar year for the new breed of retail investment brokerages. The Coronavirus induced COVID-19 pandemic which brought lockdown in most countries increased market volatility…

Rapid lateral flow tests will identify most infectious COVID-19 cases

On Thursday, COVID-19 researchers from Britain’s Oxford University said, rapid lateral flow tests will most likely identify the most infectious COVID-19 cases with higher viral loads; this is despite concerns over the overall sensitivity of the tests, Along with the roll-out of COVID-19 vaccines, the government has introduced widespread testing, including lateral flow tests, as…

German agrees 100% depreciation of digital assets as part of economic stimulus measure

According to a statement from German Finance Minister Olaf Scholz, Germany will provide an annual tax relief of around 2.3 billion euros as part of part of a new measure to support purchases of digital assets, including computer software hardware. German state government and the federal government agreed on Tuesday, that digital assets could be…

WhatsApp Reportedly Asked By Indian Ministry To Withdraw Privacy Policy Changes

Facebook-owned messaging giant WhatsApp has been asked by the Indian government to withdraw its planned alteration of its privacy policy that has faced widespread backlash, claimed multiple reports in India. According to the reports, India’s technology ministry the Ministry of Electronics and Information Technology asked the WhatsApp chief Will Cathcart to withdraw the proposed change…

WhatsApp should withdraw privacy-invading policy update: India’s Ministry of Technology

In a statement on Tuesday, India’s Ministry of Technology said, it has told Facebook Inc-owned WhatsApp to withdraw the recent changes in its privacy policy since it they take away choice from Indian users. “The proposed changes raise grave concerns regarding the implications for the choice and autonomy of Indian citizens,” said Ministry of Technology…

WhatsApp delays privacy update over user ‘confusion’ and backlash about Facebook data sharing

A great deal of confusion and backlash from users of WhatsApp over fears that the messaging app could share a wide range of user data with its parent company Facebook forced the messaging app to delay an announced privacy policy update about sharing of user data. “We’ve heard from so many people how much confusion…

Polish mobile developer Huuuge Inc plans to raise up to $150M through IPO

On Monday, U,S. registered mobile games developer Huuuge Inc stated, it expects to raise up to $150 million from issueing new share issue as part of its planned initial public offering (IPO) in Warsaw. The development comes in the wake of consumers surging for online entertainment in the wake of coronavirus-induced COVID-19 lockdown measures. Polish…