New Regulations in Thailand to Regulate Foreign P2P Crypto Services In a bold move to combat online financial crimes and tighten control over digital asset businesses, the Thai Securities and Exchange Commission (SEC) has recently approved new emergency decrees. These regulations specifically target foreign peer-to-peer (P2P) crypto services operating within the country’s borders. The aim […]
Nigerian court postpones Binance hearing over jurisdictional challenge
Nigerian Court Delays Binance Hearing Amid Jurisdictional Challenge The recent postponement of the Binance hearing by a Nigerian court has sparked renewed interest and debate within the cryptocurrency community. The world-renowned digital asset exchange, Binance, is currently contesting the court’s approval of substituted service, citing concerns that Nigerian authorities may have circumvented essential judicial procedures […]
OnlyFans faces penalty in UK for age check inaccuracy
OnlyFans Faces Penalty in UK for Age Check Inaccuracy In a recent turn of events, popular content subscription platform OnlyFans has found itself in hot water in the United Kingdom. The company is facing a penalty for inaccuracies in its age verification process, highlighting the increasing regulatory scrutiny that tech companies are under to enhance […]
Meta cracks down on misinformation in Australia
Meta Cracks Down on Misinformation in Australia Social media platforms have become an integral part of our daily lives, offering a space for connection, information sharing, and entertainment. However, with great power comes great responsibility, especially when it comes to curbing the spread of misinformation. In Australia, social media companies, including Meta, are facing increasing […]
FTC examines Microsoft’s licensing and AI business strategies
FTC Examines Microsoft’s Licensing and AI Business Strategies The Federal Trade Commission (FTC) has set its sights on tech giant Microsoft, with a particular focus on the company’s cloud strategy, cybersecurity practices, and upcoming licensing rule changes. This move by the FTC underscores the increasing scrutiny that big tech firms are facing regarding their business […]
Trump Says Four Bidders in Play for TikTok Deal ‘Soon’
Four Bidders in Play for TikTok Deal ‘Soon’ As the deadline looms for ByteDance Ltd.’s TikTok to secure a deal for its US operations by April 5, the latest development indicates that there are four potential bidders actively involved in the process. The urgency to finalize an agreement comes as a result of a bipartisan […]
China’s tech giants take on US rivals in stock market surge
China’s Tech Giants Challenge US Competitors in Stock Market Surge In the realm of global tech supremacy, the battle between China and the United States has been an ongoing saga. Recently, China’s tech giants, known as the “Terrific Ten” and “Seven Sisters,” have been making significant waves in the stock market, particularly fueling Hong Kong’s […]
South Korea halts new downloads of DeepSeek over privacy concerns
South Korea Halts New Downloads of DeepSeek Over Privacy Concerns South Korea recently made a significant move by halting new downloads of the popular mobile application DeepSeek. This decision comes as a response to growing concerns over the app’s data protection practices, particularly regarding user privacy. The South Korean government’s action sheds light on the […]
TikTok Grabs Market Share From Shein Despite Looming Risks
TikTok Shop Surges Ahead, Outpacing Shein in Market Share Race In the ever-competitive landscape of e-commerce, TikTok has emerged as a formidable player, making significant strides in grabbing market share from established giants like Shein. Recent data revealed by BSM’s Joe Hung showcases TikTok’s impressive performance, with observed sales skyrocketing by a staggering 153 percent […]
Microsoft offers price change to avoid EU antitrust fine
Microsoft Adapts Office Pricing to Navigate EU Antitrust Investigation In the realm of technology, the constant tug-of-war between innovation and regulation is a well-known narrative. One such saga is currently unfolding between the European Union and tech behemoth Microsoft. The US-based company recently made headlines by adjusting its Office pricing strategy in response to mounting […]