EU Digital Markets Act Postponed Until 2023
The Digital Markets Act (DMA) was postponed to come into effect in early 2023, instead of being implemented later this year as previously scheduled. Commission EVP Margrethe Vestager said in ...
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Tag: Big Tech
What Is Coming Up For Blockchain And The Creator Economy?
The global pandemic appears to have changed everything for the creators. Notably, the stay-at-home orders accelerated the shift toward blockchain and Web3 advancements and developments. After about two years coupled ...
Big Tech Players Join MasterCard Send Partner Programme
MasterCard has now attracted up to 16 top-notch technology firms to join the Partner Programme for its instantaneous money movement technology, MasterCard Send. This technology is a part of the ...
Central Banks Generate Trust, Not Big Techs – BIS General Manager Carstens
Agustín Carstens, the general manager of Bank of International Settlements (BIS), has criticized private stablecoins and decentralized finance (DeFi), arguing that central bank-led innovations are the best positioned to shape ...
Chinese Firms Seeking Overseas Listings Ordered To Undergo Cybersecurity Reviews
In the latest move to tighten its grip on its sprawling technology sector, China will put in force new rules to increase its oversight over all plans by Chinese firms ...
European Banks Report Huge Profits In Tax havens – EU Tax Observatory Report
Top banks in Europe continue to utilize tax havens to book huge amounts of profits, a course that has varied little since 2014 even with country-by-country disclosures becoming unavoidable, the ...
Amazon Shares Lose 7% With Sales Slowing Down Since 2019
The tech sector seems to be encountering some turbulence in the stock markets as sales slow down with more economies opening up after somehow recovering from the COVID-19 pandemic. Amazon’s ...