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June 8, 2021

Information Technologies / Computer Sciences

Chinese Internet firms pledge to avoid anti-competitive behaviors

FILE PHOTO: A Baidu sign is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song/File Photo BEIJING (Reuters) – A dozen Chinese Internet platform companies pledged to avoid anti-competitive behaviors such as forcing vendors to use their platform exclusively, according to a......

Baby boomers next to jump into crypto, Galaxy Digital’s Novogratz predicts

By Anna Irrera, Tom Wilson LONDON, March 25 (Reuters) – Wealthy baby boomers will be the next generation to jump into cryptocurrencies as they become more mainstream, potentially bringing billions of dollars to the rallying sector, said Mike Novogratz, founder of crypto firm Galaxy Digital. “It could be as much......

BoE governor wants UK bill to make Google tackle online scams: Sunday Times

FILE PHOTO: The Google name is displayed outside the company’s office in London, Britain, November 1, 2018. REUTERS/Toby Melville LONDON (Reuters) – Bank of England Governor Andrew Bailey has been lobbying the British government to introduce a legal requirement for internet giants such as Google to take down financial fraud......

China regulators held talks with Alibaba, Tencent, ByteDance on ‘deepfake’ technologies

BEIJING (Reuters) – China’s cyberspace regulator said on Thursday it and the public security ministry had held talks with Alibaba, Tencent, ByteDance and Kuaishou on potential problems with ‘deepfake’ technologies. Deepfake technology merges, replaces or superimposes content on a video, making it appear to be authentic. Reporting by Yingzhi Yang......

Bitcoin extends gains above $47,000 in Asia

SINGAPORE, Feb 9 (Reuters) – Cryptocurrencies extended gains in Asia on Tuesday, with bitcoin and ethereum reaching record highs, in the wake of a Tesla Inc investment in bitcoin. Bitcoin posted its largest daily percentage gain in more than three years overnight, after Tesla made the announcement in its 2020......

Ethereum gets bulk of crypto flows in latest week -CoinShares

By Gertrude Chavez-Dreyfuss NEW YORK, Feb 8 (Reuters) – Investment inflows into cryptocurrency funds and products amounted to $245 million last week, with 80% of the money going into ethereum ahead of the listing of its futures on the Chicago Mercantile Exchange, according to the latest data on Monday from......

Elon Musk, back on Twitter, turns his support to Dogecoin

FILE PHOTO: Representation of the Ethereum virtual currency standing on the PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration/File Photo LONDON (Reuters) – Cryptocurrency Dogecoin surged more than 50% on Thursday after billionaire entrepreneur Elon Musk tweeted his support for it, two days after he......

Italy tells TikTok to block users after death of young girl

FILE PHOTO: The TikTok logo is pictured outside the company’s U.S. head office in Culver City, California, U.S., September 15, 2020. REUTERS/Mike Blake ROME (Reuters) – The Italian data privacy watchdog ordered video app TikTok on Friday to block the accounts of any users in Italy whose age it cannot......

China’s internet regulator weighs tighter curbs on payment, shopping platforms

SHANGHAI/BEIJING (Reuters) – China’s top internet watchdog canvassed public opinion on Friday for a plan to update rules more than two decades old, aiming to widen oversight of online services to cover payment, shopping and livestreaming platforms. FILE PHOTO: The Alibaba Group logo is seen during the company’s 11.11 Singles’......

China fines JD.Com, Alibaba’s Tmall, Vipshop for irregular pricing

FILE PHOTO: A logo of JD.com is seen on a helmet of a delivery man in Beijing, China June 16, 2014. Picture taken June 16, 2014. REUTERS/Jason Lee BEIJING (Reuters) – China’s market regulator said on Wednesday it has fined JD.Com Inc, Alibaba’s Tmall and Vipshop 500,000 yuan ($76,656.55) each......

Ant group says will strictly comply with all regulatory requirements

FILE PHOTO: A sign of Ant Group is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song BEIJING (Reuters) – China’s Ant Group on Thursday said it has received a meeting notice from regulators, and will strictly comply with all regulatory requirements.......

China fines Alibaba, Tencent for failing to report past deals to anti-trust regulators

SHANGHAI (Reuters) – China’s market regulator said on Monday it will fine Alibaba Group, Tencent Holdings-backed China Literature and Shenzhen Hive Box 500,000 yuan ($76,464.29) each for not reporting deals properly for anti-trust reviews. The State Administration of Market Regulation said in a statement that it had taken the decision......

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