Regulation


Facebook switches news back on for Australians after content deal

Facebook switches news back on for Australians after content deal

(ATF) Facebook on February 26 restored access to news for its Australian users after a week-long hiatus as it reached agreement with the government on complying with a landmark law requiring tech firms to pay for editorial content.The US social media giant's Australian readers were able to read news from …

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Australia enacts landmark law to make tech firms pay for news

Australia enacts landmark law to make tech firms pay for news

(ATF) The online world is watching Australia this week after the nation’s parliament passed landmark legislation on February 25 requiring global digital giants to pay for local news content.The new law – the culmination of an often bitter tussle between the Australian government and media on one hand, and the …

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India's e-commerce chaos sparks calls for rewrite of regulations

India's e-commerce chaos sparks calls for rewrite of regulations

(ATF) Experts have called for a comprehensive rewrite of India's e-commerce laws – as new reports suggest that Amazon may not be playing by the rule book, and many Indian retailers allege that Amazon India and Walmart-owned Flipkart are harming their businesses by flouting local regulations.The goals, analysts say, should …

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Tesla summoned to China regulators over technical, safety issues

Tesla summoned to China regulator over technical, safety issues

(ATF) Chinese regulators have summoned representatives of US electric vehicle (EV) manufacturer Tesla after reported technical and safety problems with their vehicles.“Consumers have cited multiple problems, related to unusual accelerations, batteries catching fire, as well as with the remote update system," the State Administration for Market Regulation said in a …

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Microsoft backs pay-for-news plan with challenge to Google

Microsoft backs pay-for-news plan with challenge to Google

(ATF) Software giant Microsoft said on February 3 that it would back Australia's controversial plan to make internet companies pay to re-publish local media, in a slap in the face to Google and Facebook, which have vehemently opposed the proposal.Brad Smith, Microsoft's president, issued a statement saying that there was …

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Outgoing FCC head insists China is biggest risk to US infrastructure

Outgoing FCC head insists China is biggest risk to US infrastructure

(ATF) The outgoing head of the US telecoms regulator said potential Chinese espionage, including cyber-attacks and hacking - is the biggest national security issue that his successors would face in the next four years.The departing Federal Communications Commission (FCC) chairman, Ajit Pai, told Reuters in a final interview that China …

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Australia blocks Chinese SOE from buying building contractor

Australia blocks Chinese SOE from buying building contractor

(ATF) The Australian government has blocked a $230 million takeover offer by a Chinese state-owned company for a local building contractor, the target's South African parent announced, in a move likely to cool relations between Canberra and Beijing. The refusal to allow the acquisition is the first since tough new …

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NYSE says telecoms delistings to proceed after second U-turn

NYSE says telecom delistings to proceed after second U-turn

(ATF) In another twist to the possible US delisting of three huge Chinese telecommunication companies, the New York Stock Exchange is reportedly again considering booting them off the exchange, according to multiple reports.The potential second U-turn illustrates the conflict between rules set by the Trump administration and established guidelines within …

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China's Commerce ministry hits back at US telecoms blacklisting

China's commerce ministry hits back at U.S. telecoms blacklisting

(ATF) China's Commerce ministry has vowed to defend the country's three biggest telecommunications companies against plans by the United States to delist them from Wall Street stock exchanges.The ministry said on January 2 that the delisting was an "abuse of national security and inconsistent with market rules", adding: "China will …

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China's SOE regulator claims 2,000 companies 'turned around'

China's SOE regulator claims 2,000 companies 'turned around'

(ATF) China's state-owned enterprise (SOE) regulator has helped turned around more than 2,000 loss-making "zombie" companies, according to its deputy head, even as the country faces a spate of corporate bond defaults and rising debts.Weng Jieming, vice-chairman of the State-owned Assets Supervision and Administration Commission (Sasac), said in an interview …

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