UK Proposes New Telecoms Security Bill; India Bans Another 43 China-Based Apps
In today’s ExchangeWire news digest: the UK government proposes a bill to officially ban Huawei and sanction non-compliant telcos; the Indian government bans a further 43 apps made by Chinese developers from its cyberspace; and Australia reviews its 1988 Privacy Act as it updates its cybersecurity regulations. UK telecoms security bill cracks down on network privacy A new piece of legislation which bans Chinese telecoms giant Huawei from working on the UK’s 5G mobile network has been announced. The Telecommunications Security Bill, [...]
China Proposes New Ecommerce Rules; WhatsApp Pay Launches in India
In today’s ExchangeWire news digest: the government of China introduces a draft set of news rules to tackle “monopolistic behaviour” amongst the country’s ecommerce leaders; WhatsApp launches its payment service in India; and Bloomberg Media announces the launch of its 24-hour news network, Bloomberg Quicktake. Chinese government introduces draft antitrust laws The governing Chinese Communist Party (CCP) has revealed a draft set of rules that aim to combat alleged anticompetitive behaviour by the country’s leading ecommerce companies. The announcement comes just one [...]
EU Prepares New Big Tech Legislation; WPP Merges The Glitch with VMLY&R
In today’s ExchangeWire news digest: the EU Commission prepares to present new legislation that will impose tighter regulation on Big Tech; WPP merges India-based agency The Glitch with VMLY&R; and SocialCode rebrands as Code3. EU prepares new regulations for Big Tech The European Commission is expected to propose a significant revamp of its digital regulation that could pose a credible threat to the business models of leading tech firms. It’s anticipated that the Digital Services Act, which will be presented early next [...]
FCC Affirms Net Neutrality Repeal; IAB Europe Issues New Response to DPA TCF Report
In today’s ExchangeWire news digest: the FCC affirms its decision to repeal the net neutrality rules in a 3-2 vote held last Tuesday; IAB Europe’s CEO issues a more detailed response to the DPA’s report that its Transparency and Consent Framework is not compliant with GDPR; and Zenith predicts a boom in video advertising spend in India over the next few years. FCC stands firm on scrapping net neutrality rules In the US, the Federal Communications Commission (FCC) has voted to affirm [...]
US House Calls for Big Tech Breakup; Jellyfish Acquires Reamp & San Pancho
In today’s ExchangeWire news digest: US House calls for big tech breakup; Jellyfish acquires Reamp and San Pancho; and Reliance calls off Viacom-18 merger with Sony. US House calls for breakup of big tech The United States House of Representatives antitrust subcommittee has concluded its investigation into the monopolistic practices of the big tech firms, namely Google, Facebook, Amazon, and Apple, deeming that the behemoths are guilty of “gatekeeping” to the detriment of independent third-party companies and consumers. Apple and Amazon have [...]
Google Pledges $1bn to News Publishers for News Showcase; LUMA Publishes Q3 Market Report
In today’s ExchangeWire news digest: Google plans to spend $1bn in licensing fees to acquire news content for its Google News Showcase feature; LUMA Partners publishes its Q3 Market Report, noting signs of recovery; and Google delays imposing a 30% in-app purchase fee on Indian developers as start-ups continue to explore launching a competitor. Google pledges to pay news publishers $1bn for content Tech behemoth Google has announced that it intends to pay news publishers USD $1bn (£772.5m) in licensing fees over [...]
US Court Postpones TikTok Ban; Disney Sells TrueX to Gimbal
In this weekly segment, ExchangeWire sums up key industry updates in ad tech from around the globe. In this edition: a federal court in the US has ruled to postpone a ban of Chinese-owned video app TikTok; Disney sells TrueX, the ad tech company it acquired as part of last year’s Fox deal, to Gimbal; the EU is reportedly close to approving a deal for Google to purchase Fitbit; and a group of Indian start ups are reportedly considering establishing [...]
China Set to Investigate Google; Indian Start-Ups Unite to Challenge Google's Play Store
In today’s ExchangeWire news digest: Chinese regulators review a potential antitrust probe into Google; executives from a number of Indian start-ups discuss launching a competitor to Google’s Play Store; and AT&T loses its appeal over DirecTV ‘robocalls’. China prepares antitrust suit against Google China is gearing up for an investigation into Google over allegations of anticompetitive behaviour. According to sources close to the matter, China’s regulator has submitted a case to the State Council’s antitrust committee for review. The prospective probe comes after [...]
Google Blocks India's Paytm; TikTok Appeals to Facebook and Instagram for Support
In today’s ExchangeWire news digest: Google is accused of anti-competitive behaviour in India after removing Paytm from its Play Store; TikTok’s interim CEO calls on Facebook and Instagram to support it against a fresh ban from the US government; and the Australian government bolsters AAP with a $5m cash injection. Google pulls Paytm, sparking concerns of app store monopoly in India Concerns over the monopolisation of the app stores have surfaced in India after Google removed mobile payment service Paytm’s app from [...]
ACCC Rebuts Google's Code Warnings; New Huawei Ban May Disrupt Tech Supply Chain
In this weekly segment, ExchangeWire sums up key industry updates in ad tech from around the globe. In this edition: the ACCC dismisses claims from Google that its News Media Bargaining Code will damage user experience in Australia; experts warn that a fresh crackdown on Huawei by the US government could see disruption to the global supply chain; ad fraud in India is anticipated to climb to 45% – 55% as activity resumes post-COVID; and advertisers contemplate how to navigate [...]