Social network Facebook wins dismissal of US states and FTC antitrust lawsuit, which triggers share rise above $1 trillion
TECHNOLOGY POWERING BUSINESS
News Legal
Court Denies HSBC Publication Ban In Meng Wanzhou Case
Canadian court denies Huawei request for publication ban on documents received from HSBC, as Meng Wanzhou extradition case continues
Ratings Agency Warns Over El Salvador Bitcoin Move
Fitch warns El Salvador's move to make Bitcoin legal tender could open floodgates to money laundering, increase banks' exposure to regulatory risks
Brothers Deny Involvement In $3.6bn South African Bitcoin ‘Heist’
Two brothers who operated cryptocurrency investment firm Africrypt deny involvement in 'hack' that made off with billions of pounds' worth of Bitcoin
Antivirus Pioneer John McAfee Found Dead In Spanish Jail
John McAfee is found dead in prison cell, hours after the Spanish High Court approved his extradition to the United States
Spanish Court Approves John McAfee Extradition To US
Cyber security pioneer John McAfee is to be extradited to the United States from Spain on tax fraud charges, but he can still appeal ruling
FSB Head Says Russia Will Help US Locate Hackers
No place to hide? Head of FSB security agency has reportedly said Russia will work with the United States to locate cyber criminals
China Extends Crackdown Against Cryptocurrencies
Hardening attitudes. China's central bank has urged banks and payment firms to crack down harder on cryptocurrency trading
US Regulator Proposes More Restrictions For Huawei
Federal Communications Commission grants initial approval for rules banning new Huawei and ZTE equipment, and requiring carriers to 'rip and replace'
Google ‘Faces Formal EU Probe’ Into Advertising Business
European Union antitrust regulator reportedly preparing formal investigation into Google's online advertising business by end of year
Regulator ‘Deeply Concerned’ Over Live Facial Recognition
Information Commissioner concerned that live facial recognition could be linked to social media to create 'supercharged CCTV'
Russia Bill To Force US Tech Firms To Open Local Offices
First servers, now offices. Lawmakers in Russia pass legislation requiring US tech giants to open local offices in the country
SpaceX Warned Over Spacecraft Launch Violations
Local authorities in Texas warn Elon Musk's SpaceX over repeated violations of state laws during the launches of spacecraft
Indian Minister Accuses Twitter Of Non-Compliance
Twitter stand-off with Indian authorities continues as technology minister says firm deliberately failed to comply with new rules
European Court Backs National Watchdog Data Enforcement
Blow for Irish data protection watchdog, as Europe's top court rules it is no longer the only data enforcer across the bloc
Trump ‘Subpoenaed Apple, Microsoft For Data On Rivals’
Apple changes rules for responding to government data requests after previous administration used subpoenas to gather data on rival Democratic lawmakers
China Regions Order Bitcoin Mining Shutdown
Two of China's biggest cryptocurrency mining regions order mining operations to cease operations, even as China aims for blockchain leadership
US Bills Target Tech Giants’ Unchecked Power
Five draft bills in US House of Representative build on last years' antitrust hearings with measures that target tech giants' key business practices
JBS Paid $11 Million To REvil Ransomware Criminals
Not again. Brazilian beef supplier JBS confirms reports that it paid $11 million ransom to Russian Revil criminal hackers
US Senate Passes Bill To Counter China Tech Threat
US Senate passes $250bn US Innovation and Competition Act that seeks to counter global influence of Chinese technology, and encourage US innovation
Sting Operation With Underworld App, Results In Hundreds Of Arrests
Police around the world have arrested more than 800 people after using encrypted messaging app An0m developed by law enforcement
GlobalFoundries Seeks To Dismiss IBM Claim For $2.5 Billion
US contract chipmaker GlobalFoundries asks New York court to dismiss Big Blue claim that it is owed $2.5 billion in damages
Google To Pay £189m, And Change Advertising Businesses
Landmark settlement. Google to pay 220m euros (£189m) in order to settle French antitrust charges, and agrees to make changes
NHS Patient Database Plan To Proceed Despite Protests
Government to activate centralised NHS Digital database of patient records next month in spite of criticism over lack of public information campaign
Finance Ministers Reach Corporate Tax Deal At G7 Summit
US says it expects UK, France and others to scrap digital taxes in favour of broader agreement on 15 percent minimum global corporate tax rate
Facebook Bans Trump For Two Years
Facebook is to review its ban Donald Trump after two years due to Oversight Board criticism, as company revises its controversial rules for politicians
Amazon’s Ring To Make Police Requests For Video Footage Public
Transparency move, as US police forces and fire departments increasingly use video footage captured from Ring doorbells and cameras
US Sets, Then Suspends, 25 Percent Digital Tax Tariff On Six Countries
America sets, then suspends, a 25 percent import tariff on goods from six countries that have implemented a digital tax on US tech giants
Tech Groups File Lawsuit Against Florida Social Media Law
Court challenge by NetChoice and the Computer & Communications Industry Association against Florida social networking law
Daimler Ends Nokia Spat With Royalty Payment Agreement
End of hostilities between Nokia and Mercedes owner Daimler, after the car maker finally agrees to make royalty payments to Finnish giant