Regulation GDPR

• CMA Advances Towards Blocking Microsoft-Activision Deal; Disney to Cull 7,000 Jobs

  2 years ago News

  

  In today's ExchangeWire news digest: a provisional ruling from the CMA threatens Microsoft's purchase of Activision; Disney announces a major overhaul, cutting jobs and spend; and The New York Times reveals it performed above expectations for Q4 2022. UK watchdog provisionally [...]

• The Stack: EU Commits to GDPR Crackdown; Meta Shares Soar Following Q4 Results

  2 years ago News

  

  This week: the European Commission commits to stricter GDPR monitoring, Meta sees shares rise after posting a positive outlook for 2023. Legal proceedings dominated ad tech this week, with the EU Commission announcing it will overhaul how it monitors GDPR enforcement [...]

• EU Commits to Stricter GDPR Monitoring; Snap Warns of Sales Drop After Growth Stalls 

  2 years ago News

  

  In today's ExchangeWire news digest: the EU Commission announces it will tighten its monitoring of GDPR cases; Snap warns of a potential drop in sales after revenue growth stalled; and Tech Nation announces its closure after failing to secure government [...]

• IAB Europe Reacts to Belgian Data Protection Authority’s Validation of its Action Plan

  2 years ago News

  

  The Belgian Data Protection Authority (APD) has informed IAB Europe that it has validated all points of the action plan submitted by IAB Europe in April 2022 in compliance with the February APD decision.  The validation of the action plan confirms [...]

• Jack Ma Steps Away from Ant Group; ChatGPT Developer in Talks to Raise USD$30bn

  2 years ago News

  

  In today's ExchangeWire news digest: Jack Ma cedes control of fintech giant Ant Group; OpenAI in discussion to raise capital of USD$30bn (~£24bn); and Silvergate customers withdraw over USD$8bn (~£6.7bn) of digital currency following regulators' warnings. Ma relinquishes control of Ant [...]

• Meta's Business Model Threatened by EU Law; Microsoft Hopes to Sharpen Bing with OpenAI's Chatbot

  2 years ago News

  

  In today's ExchangeWire news digest: a new EU ruling deals a major blow to Meta's business model; Microsoft considers integrating OpenAI's ChatGPT into Bing; and Coinbase reaches a USD$100m (~£83m) settlement with New York regulators. EU ruling could mean curtains for [...]

• The Stack: Apple to Permit Third-Party App Stores, Microsoft Under Fire from FTC

  3 years ago News

  

  This week: Apple relents to the EU and opens its system to outside app stores, Microsoft's purchase of Activision Blizzard faces renewed threat from FTC... The world of tech was rocked this week by the announcement that Apple would open its [...]

• The Stack: EU Regulators to Restrict Meta's Targeted Ad Model, New Zealand to Charge Big Tech for News

  3 years ago News

  

  This week: Meta’s targeted ad model struck by EU privacy regulators, New Zealand to make tech firms pay for news… The tech sector this week was dominated by the news that Meta’s targeted ad model is to be restricted by privacy [...]

• EU Regulators to Restrict Meta’s Targeted Ad Model; Over USD$400bn Wiped from European Tech Companies

  3 years ago News

  

  In today’s ExchangeWire news digest: Meta’s targeted ad model takes a hit as European Union privacy regulators rule against its use; and European tech companies drop over USD$400bn (~£328.2bn) in value due to funding freeze. Meta’s targeted ad model to be [...]

• UK to Launch New Regulation to Tame "Wild West" of Crypto; Getir to Acquire Sinking Rival Gorillas

  3 years ago News

  

  In today's ExchangeWire news digest: the UK government finalises new regulation to control the cryptocurrency industry; Getir prepares to acquire competitor firm Gorillas; and crypto giant Circle cancels its USD$9bn (~£7.34bn) deal to go public. UK government finalises plans to tame [...]