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: Google

Google makes pledges on browser cookies to appease UK regulator

Google has pledged more restrictions on its use of data from its Chrome browser to address concerns raised by Britain’s competition regulator about its plan to ban third-part...

Platform News: Amazon packages ready for delivery

Amazon exec says Omicron’s impact on holiday spending uncertain

A senior Amazon.com executive said it remains too early to predict how the Omicron coronavirus variant will impact consumer spending during the holiday season but suggested that sh...

Scott Morrison Australian PM

Australia to introduce new laws to force media platforms to unmask online trolls

Australia will introduce legislation to make social media giants provide details of users who post defamatory comments, Prime Minister Scott Morrison has said.

Pinduoduo

Chinese e-commerce platform Pinduoduo slumps after revenue miss

US-listed shares of Pinduoduo plunged as much as 18% in early trading on Friday after the Chinese e-commerce platform missed quarterly revenue expectations as new coronavirus outbr...

Platform News: Didi

Beijing presses Didi to delist from US over data security fears

Chinese regulators have pressed top executives of ride hailing giant Didi to devise a plan to delist from the NYSE due to concerns about data security, two people with knowledge of...

Platform News: Facebook and WhatsApp messaging service

WhatsApp wins approval to double payments offering to 40 million users in India

WhatsApp has won regulatory approval to double the number of users on its payments service in India to 40 million, a source with direct knowledge has told journalists.

Cryptocurrency exchange Coinstore enters India despite pending curbs on trade

Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar most private cryp...

European Union

EU countries agree on common stance on new rules for US tech giants

EU countries have now agreed on a common position on new rules to curb the power of US tech giants and force them to do more to police their platforms for illegal content.

Platform Industry: Apple logo on a window

Former Apple worker inspires Washington state measure seeking to curb NDAs

A former Apple Inc employee who had filed a whistleblower complaint related to Apple’s use of non-disclosure agreements (NDAs) has inspired draft legislation in Washington st...

Platform News: Binance

Regulator: Anti-money laundering credentials key for Binance’s Paris plans

France’s financial sector regulator has said that crypto exchange Binance must focus on its anti-money laundering compliance if it wants regulatory backing to set up a possib...

European Union

EU rules aim for more transparency in targeted political ads

US tech giants will have to provide more data on their targeted political ads or risk fines up to 4% of their global turnover under draft EU rules seen by journalists, part of the ...

Platform Industry: Amazon branding on screen

Amazon seeks to pause antitrust review of 2019 deal with India’s Future

Amazon.com Inc has asked India’s Supreme Court to pause an expedited review of allegations that the US business concealed information while seeking antitrust clearance for a ...

AT&T

AT&T and Verizon agree to new precautions to address 5G air safety concerns

AT&T and Verizon Communications on Wednesday agreed to adopt new precautionary measures to address air safety concerns raised from the planned use of C-Band spectrum for 5G wir...

Platform Economy: The technology sector in Paris, France

France orders websites to remove online marketplace Wish

France has ordered search engines and online platforms to strip Wish from their listings over concerns about product safety and the US e-commerce marketplace said it was taking leg...

Crypto Coins

Regulator: US banks must seek regulatory permission before engaging in certain crypto activities

US banks must seek and obtain written permission from their bank supervisors before engaging in certain activities involving cryptocurrency, a major regulator has said.