Latest Platform News

Read the latest platform economy news and important industry commentary from the editorial team at Platform Executive and our global content partners, including Thomson Reuters.

Platform News: Flipkart

India plans tighter e-commerce rules amid complaints

India proposed banning flash sales on e-commerce websites and their affiliate entities should not be listed as sellers on their platforms, in a proposed tightening of rules that co...

Platform News: BBVA

BBVA opens Bitcoin trading service to clients in Switzerland

Spain’s BBVA has said it is launching a bitcoin trading service for private banking clients in Switzerland interested in digital asset investment.

Bitcoin China

China’s cryptocurrency-mining crackdown spreads to Sichuan

China’s crackdown on cryptocurrency “mining” has extended to the southwest province of Sichuan, where authorities ordered cryptocurrency mining projects closed in...

Platform News: Twitter App

Twitter’s India woes worsen as police summon chief over viral video

Police in India have summoned Twitter’s top official in the country to answer allegations that the struggling US platform failed to stop the spread of a video that allegedly ...

Platform News: Google

Google’s adtech business set to face formal EU probe by year-end

Google could face its biggest regulatory threat, with EU antitrust regulators set to open a formal investigation into its lucrative digital advertising business before the end of t...

Platform News: PayPal

PayPal overhauls US rates as payments rivalry heats up

PayPal will lift merchant costs for its branded payment products while cutting those for behind-the-scenes processing of some Visa and Mastercard transactions, a bold move in an in...

Platform News: Facebook

Facebook’s ‘Neighborhoods’ faces crowded niche market, profiling concerns

When Facebook began testing its new “Neighborhoods” feature in Canada last October amid the COVID-19 pandemic, the tech giant described it as a dedicated place for peop...

US Department of Commerce

Chinese apps could face subpoenas or bans under Biden order

US President Biden’s executive order aimed at safeguarding Americans’ sensitive data would force some Chinese apps to take tougher measures to protect private informati...

Google Cloud

Google’s cloud taps AMD for new service as chip wars heat up

AMD and Alphabet’s Google Cloud have said Google will offer cloud computing services based on AMD’s newest data center chip, a move likely to intensify AMD’s push...

Branding

5 steps to create a unique brand identity

Your brand identity matters. In fact, your brand identity is something you have to develop before you can expect your small business to grow. Brand identity is something you develo...

Chipmakers

US senators propose 25% tax credit for semiconductor manufacturing

A bipartisan group of US senators have proposed a 25% tax credit for investments in semiconductor manufacturing as Congress works to increase US chip production.

Platform News: Semiconductor and chipmaker nvidia

Nvidia to invest at least $100 million in UK supercomputer, CEO says

Nvidia Corp’s chief executive has said the company will spend at least $100 million on a supercomputer in the United Kingdom.

European Commission

EU states back personal data flows with ex-member Britain

European Union member states have agreed that UK standards for the protection of personal data are sufficiently high that such information can continue to flow between the EU and i...

Flipkart

Walmart’s Flipkart challenges India court order on antitrust probe

Walmart Inc’s Flipkart has filed a legal challenge against the restarting of an antitrust probe into the company, arguing in a court filing that the investigation would cause ̶...