House panel debate on data portability faces strong push back from Big Tech

While the U.S. House of Representatives Judiciary Committee has voted to approve a bill to give antitrust enforcers more funds but it has yet to vote on four bills aimed at reining-in Big Tech. U.S. Representative Jerrold Nadler, the Democratic chairman of the Judiciary Committee, termed the bills as a “historic package of bipartisan legislation”…

US Senate sees bipartisan support for sweeping legislation to strengthen US R&D, tech production

In a significant development, the U.S. Senate voted 68-32 to approve a sweeping legislative package aimed at boosting the country’s ability to compete with China, with the U.S. Congress seeking to take a tough line on Beijing. The bipartisan measure authorizes around $190 billion in provisions to strengthen U.S. technology and research spending; it will…

Computer & Communications Industry Association (CCIA) and NetChoice sue Florida over new social media law

In a significant development two tech trade groups have filed a lawsuit against Florida over a new legislation that fines social media companies that ban political candidates, saying it violates free speech rights. The lawsuit states that the bill signed into law by Florida Governor Ron DeSantis earlier this week on Monday, was unconstitutional. It…

In a world first Google launches News Showcase platform in Australia

On Friday, in a world first Google launched a paid news platform in Australia after it struck content deals with publishers in a move aimed at complying with Canberra’s new legislation. Initially the News Showcase platform was slated for launch in June 2020, but Google delayed launching plans following Australia passing a new legislation which…

Britain to draft regulations overseeing environmental impact of food chain on tropical forests

In a significant development, food manufacturers, supermarkets, and restaurant chains are coming under pressure from campaigners over the environmental impact the food chain is having on tropical forests midst calls to strengthen a plan to stop logging of trees in tropical forests to grow cocoa, palm oil and soy. With the food industry coming under…

Australia framing regulatory code of conduct between media outlets and digital platforms, sees revenue sharings from Facebook and Google

On Monday, Australia’s Treasurer Josh Frydenberg disclosed, Canberra will force online giants including Alphabet Inc’s Google and Facebook Inc to share advertising revenue with local media firms. Australia is set to become one of the firts countries to require digital platforms to pay for content that they use. The development comes in the wake of…

London hedge funds and asset managers being targeted by internet scammers

Rogue internet operators have targeted some of London’s top hedge funds and asset managers by cloning their websites and names in an attempt to dupe unsuspecting investors. Although few individuals are known to have fallen to this scam, two of Europe’s most prominent investors Winton and Algebris are among the highest profile names to be…

Huawei should be allowed to bid in building Italy’s 5G network infrastructure: Stefano Patuanelli

Following an influential parliamentary committee calling on Rome to block China’s Huawei to build Italy’s 5G telecom infrastructure, the country’s industry minister stated, Huawei should be allowed to bid for Italy’s 5G spectrum. “We have passed legislation that guarantees national security. With the right defenses, the possibility of (Huawei’s) access is not up for debate,”…

FBI’s Counterintelligence Division admits to slow response in China’s theft of U.S. intellectual property

During a testimony to the U.S. Senate, the FBI said it wished it had taken swifter action with regard to Chinese recruitment of U.S.-based researchers to transfer intellectual property from American laboratories. The admission by John Brown, assistant director of the Counterintelligence Division at the FBI, backed up a Senate subcommittee report which concluded that…