In a development that cements Huawei’s exit from Britain’ future telecom market, the British government has notified telecommunications companies operating in the country that after September 2021, they should not install any new Huawei 5G kit. The development is part of a broader push to purge Huawei’s equipment from Britain’s high speed mobile networks. Falling…
In a significant development, the British government is set to pass a bill which will see British telecoms companies facing a fine of up to 10% of their turnover or $133,140 (100,000 pounds) a day fine, if they contravene a ban on using equipment made by China’s Huawei Technologies Co Ltd. The Telecommunications (Security) Bill…
In a statement Washington state’s Attorney General Bob Ferguson said, Twitter Inc will have to pay $100,000 to Washington state’s Public Disclosure Transparency Account for non-compliance to multiple political campaign finance regulations. Between 2012 through 2019, Twitter received around $200,000 in campaign ads and failed to disclose the same. Washington state law requires such disclosures.
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…
Hackers had managed to breach BA’s defenses and had stolen customer data, including credit card details, from its app and website. On Monday, IAG, the owner of British Airways, stated the UK Information Commissioner’s Office (ICO) intends to impose a penalty of $229.8 million (183.4 million pounds) for the theft of customer data from the…
Chinese telecom company ZTE Corp had been subject to U.S. sanctions. Its controlling state-owned controlling shareholder Zhongxingxin Telecom plan on selling as much as 2% of its shares once the stock has doubled its value. According to regulatory filing, the controlling stakeholders of China’s ZTE Corp’s plan to slash their stake, by as much as…
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