privacy issues
Tech Giants Face New Rules in Europe, Backed by Huge Fines
European officials want new powers to oversee internal workings at large technology companies such as Facebook Inc., FB -0.56% backed by threats of multibillion-dollar fines, as they seek to expand their role as global tech enforcers. The European Union’s executive arm proposed two bills Tuesday—one focused on illegal content, the other on anticompetitive behavior—that would …
U.S. Moves to Seize Cryptocurrency Accounts Linked to North Korean Heists
WASHINGTON—U.S. authorities on Thursday moved to seize 280 cryptocurrency accounts they said were used by North Korean hackers who stole more than a quarter of a billion dollars from cryptocurrency companies around the world, including one in the U.S. The U.S. Justice Department said the accounts targeted in the civil forfeiture filing were used by …
Google Draws House Antitrust Scrutiny of Internet Protocol
Congressional antitrust investigators are scrutinizing plans by Google to use a new internet protocol, concerned that it could give the company a competitive advantage by making it harder for others to access consumer data. In a letter this month, investigators for the House Judiciary Committee asked Google for information about its “decision regarding whether to …
Breaking up big tech would be a big mistake
JOHN THYS/AFP/Getty Images EU Commissioner of Competition Margrethe Vestager speaks to reporters after slapping Google with an antitrust fine in March 2019. Congress, with some goading from their competitors, appears eager to apply antitrust enforcement to Facebook FB, -1.21% …