Japan leading effort to develop cryptocurrency equivalent of SWIFT network

This is a milestone in the practical implementation of cryptocurrency, which is slated to be the future of money. On Thursday, in a significant development, the government of Japan stated, it is leading a global push to install an international network for cryptocurrency payments, just like the SWIFT network used by banks. The effort is…

Facebook approaches settlement with the FTC over consumer data data breach violations

The focus of the FTC’s investigation into Facebook’s data breach was whether the sharing of personal data of 87 million users with British political consulting firm Cambridge Analytica violated its 2011 agreement with the FTC wherein it had pledged to safeguard user’s privacy. As per a report from the Wall Street Journal citing sources familiar…

France’s competition regulator orders review of Google’s Advertisement policies

According to Google, the issue revolves around Amadeus charging consumers for services that are available for free, or for a nominal charge; this practice is against its internal policies which prohibit ads for services that can be obtained for free or at a lower price from the government or another public source. In a significant…