New York regulator looks into discrimination claims after Goldman Sachs algorithm gives tech entrepreneur's wife a credit limit 20 times lower than his
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Google To Buy Fitbit For £1.63bn
Deal would put Google into direct competition with Apple Watch, but faces close scrutiny from antitrust regulators over privacy implications
Securities Coordinator Recommends Cautious Approach To Facebook’s Libra
Libra and other globally recognised stablecoins pose 'serious' risks but the right regulatory approach could allow their benefits to be realised, says IOSCO
Facebook Considers Alternative Approaches To Libra
Project could use multiple coins pegged to national currencies rather than a single synthetic cryptocurrency, Facebook says, as regulatory pressure mounts
Italy To Implement Digital Tax From January 2020
Country pushes ahead with 3 percent levy on internet transactions as digital tax negotiations continue on Europe-wide and global level
Vodafone Bug Lands Users With Huge Roaming Charges
Users outside the UK left unable to make calls or use data after 'technical error' lands them with bills into the hundreds and thousands of pounds
Met Police ‘Provided Seven Images’ For King’s Cross Face Recognition Scheme
Police acknowledge working with private King's Cross developer on face recognition scheme, amidst ongoing concern about the use of the tracking tech
PayPal Pulls Out Of Facebook’s Crytocurrency Plans
Online payments provider says it wants to focus on its own core business, as Libra cryptocurrency continues to draw fire from regulators and central bankers
‘Less Than One-Third’ Of Companies Fully GDPR-Compliant
Capgemini finds firms struggle with legacy IT systems, complex requirements and mounting costs to bring themselves into line with strict data protection rules
Libra Cryptocurrency Launch ‘May Be Delayed’ Over Regulatory Concerns
Head of Libra Association says group's priority is to make sure regulators are 'fully on board' and emphasises currency's independence from Facebook
Facebook Suspends Tens Of Thousands Of Apps
Social network says probe has addressed 'millions' of apps so far, as company seeks to repair its image in wake of Cambridge Analytica data scandal
Google To Pay Up To £165m Fine For YouTube Children’s Privacy Violations
Google's settlement with the FTC to pay $150m to $200m fine was criticised as too low and as 'effectively rewarding' the company
ECB Warns Of ‘Beguiling’ Siren Call Of Facebook’s Libra
Libra cryptocurrency could undermine European Central Bank's ability to set monetary policy, and public trust in money itself, bank warns
Initial Backers Of Facebook’s Libra ‘Consider Pulling Out’
At least three of the Libra Association's initial partners said to be looking to distance themselves from the project amidst harsh regulatory response
Qualcomm Wins Partial Stay On Enforcement Of Antitrust Ruling
Sweeping decision would have forced Qualcomm to renegotiate deals with customers and licence essential patents to rivals
Giffgaff Fined £1.4m For Overcharging Millions Of Customers
Billing error meant customers were effectively charged twice after purchasing prepaid bundles of minutes, text messages and data
France To Approve First Cryptocurrency Firms Under New Rules
France is looking to attract initial coin offerings and other cryptocurrency-related organisations amidst controversy over Facebook's Libra
Facebook Promises Congress It Will Address Libra Cryptocurrency Concerns
Company's comments follow criticism of Libra by US Treasury Secretary and Chairman of Federal Reserve amidst broader scepticism and hostility
Facebook Fined $5bn Over Cambridge Analytica Scandal
But FTC refrains from imposing strict limits on Facebook's data practices, adding to criticism that the penalty is a slap on the wrist
Financial Conduct Authority Proposes Ban On Crypto-Derivatives
FCA finds that derivatives and ETNs referencing crypto-assets are 'poor products' and too risky to be sold to retail investors
BA Faces Record £183.39m Fine For Massive Data Breach
The fine, intended to penalise 'poor security arrangements' that allowed the attack to take place, is the largest ever announced by the ICO and its first under new GDPR rules
EU Requires New Electric Cars To Emit Noise
The new regulations come in response to complaints that electric vehicles pose a danger to pedestrians because they are too quiet
New Rules Allow Users To Switch Mobile Providers With A Single Text
From Monday users can switch to a new provider within one working day without notice period charges
Bill Gates Calls For Tech Regulation
Microsoft co-founder says it is time for governments to help regulate technology giants like Facebook, Google
European Banks, Regulators Prepare Strict Regulatory Response To Facebook’s Libra
Financial Conduct Authority calls for more information, while Bank of France warns of money-laundering risks
Drones Disrupt Singapore Flights For Second Time In A Week
More than a dozen flights were affected by drone sightings, after a similar incident at the same airport last week
Bitcoin Jumps Over $11,000 After Facebook Libra Launch
Facebook's Libra plans help Bitcoin jump 10 percent to reach 15-month highs, as investors hope to see cryptocurrencies move into the mainstream
US Congress Targets Tech Giants With Competition Probe
The focus on 'anti-competitive conduct' at major tech companies comes as the Department of Justice and the FTC reportedly prepare their own investigations into Amazon, Apple, Facebook and Google
Facebook Set To Launch ‘GlobalCoin’ Virtual Currency Next Year
But the social network faces tight regulatory scrutiny over its poor track record on protecting users' personal data
Snap Employees ‘Abused Internal Tools To Spy On Users’
The 'disappearing' message platform vendor has dedicated tools to gather user data for internal purposes, and has had to contend with staff abuse of those tools in the past, finds a report