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RIL joins ‘NUE’ digital payments buzz with Facebook and Google

RIL joins ‘NUE’ digital payments buzz with Facebook and Google

(ATF) With millions going online to change the way they work and live – and shop and pay – Mukesh Ambani-controlled Reliance Industries (RIL) is joining hands with Facebook and Google to create a national payments network to capitalise on India’s expanding digital payments space.Ambani, India’s richest man, now plans …

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Big-tech complains but complies as governments crack down 

Big-tech complains but complies as governments crack down 

A government committee led by President Xi Jinping said in mid-March that China would increase oversight of internet platforms to pace the digital economy’s quick development. The pledge follows fines, warnings and mandated service reductions aimed at major Chinese companies since November, when regulators mothballed fintech giant Ant Group’s $37 …

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US joins in antitrust scrutiny of Big Tech companies

US joins in antitrust scrutiny of Big Tech companies

(ATF) The US could be on the verge of joining the global anti-Big Tech push, as a top legislator was reported on Sunday to be preparing at least 10 bills targeting alleged anti-competitive behaviour.The US House of Representatives' Judiciary Committee’s anti-trust panel, released a 449-page report in October 2020 detailing …

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Facebook reaches deal with News Corp on Australian content

Facebook reaches deal with News Corp on Australia content

(ATF) Media baron Rupert Murdoch's News Corporation said on March 15 it had reached a three-year agreement to provide Facebook users with access to news in Australia.The agreement means the social media giant gains access to content from the company's flagship media holdings, such as the Sydney-based national newspaper The …

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US-China tensions force cancellation of Facebook-led undersea link

US-China tensions force cancellation of Facebook-led undersea link

(ATF) A project led by Facebook to build a submarine data cable between the US and Hong Kong has been cancelled, underscoring the effects of deep distrust between Washington and Beijing.US national security officials had long pressed for the project's cancellation or rerouting, and Facebook filed notice with the US …

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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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New Indian rules put Facebook, WhatsApp, Netflix in tough spot

New Indian rules put Facebook, WhatsApp, Netflix, et al in tough spot

(ATF) Joining global efforts to regulate the social media explosion and rein in the influence of the tech giants, India announced new rules on Thursday that could force WhatsApp, Signal, Telegram and others to break their end-to-end encryption assurance.The rules would also pose a fresh challenge to the operations of …

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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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Facebook to restore news pages after deal with Australian govt

Facebook to restore news pages after deal with Australian govt

(ATF) A compromise has been reached between Facebook and the Australian government, which will see the internet giant restore local news pages after the government agreed to amend its proposed law. The bill will force tech giants to pay for media content displayed on their platforms.Australia and the social media …

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EU poised to pounce next as Facebook's Aussie news spat rolls on

EU poised to pounce next as Facebook's Aussie news spat rolls on

Facebook exchanged some big punches with the Australian government this week in the ongoing row over news payments but there’s even bigger opponents waiting in the wings – the EU and the US.MEPs are already working on two landmark draft European digital regulations – the Digital Services Act (DSA) and …

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