UK

Paramount+

ViacomCBS’s Paramount+ ‘thinks local’ to go global with streaming

When the reality series “The Challenge: War of the Worlds” launches on four continents in June, ViacomCBS Inc aims to test a key component of its streaming strategy – using l...

Platform News: SoftBank Group CEO

SoftBank’s choice of New York for Arm listing deals a blow to London

SoftBank’s decision to list famed UK chip designer Arm is good news for New York, bad news for London and perhaps the best option left for the Japanese group after the collap...

nvidia chipmaker

SoftBank’s sale of Arm to Nvidia to collapse?

SoftBank Group Corp’s sale of Arm Ltd to US chipmaker Nvidia Corp has collapsed, a source familiar with the matter told journalists, adding that Arm will plan for an IPO.

Platform News: Big Tech

UK politicians: ‘Big Tech’ should reimburse victims of online scams

Big tech companies whose online platforms carry advertisements for scams should be made to reimburse victims, British lawmakers said, as part of wider efforts to combat a growing e...

Platform News: Google

Google aims to improve spotty enforcement of children’s ads policy

Google said this week it would immediately improve enforcement of an age-sensitive ad policy after journalists found ads for adult toys, liquor and high-risk investments in its sea...

Deliveroo

Deliveroo reports 36% rise in gross value of Q4 orders

Food delivery company Deliveroo said the gross transaction value (GTV) of orders on its platform rose 36% year-on-year in the fourth quarter, resulting in it hitting the top of its...

Crypto Coins

Digital pound could hit financial stability and erode privacy

A digital pound used by consumers could harm financial stability, raise the cost of credit and erode privacy, though a version for wholesale use in the financial sector demands gre...

Tencent Holdings

China’s Tencent builds stake in UK digital bank Monzo

Chinese gaming and social media company Tencent Holdings has taken a small stake in the UK’s Monzo as part of a fundraising, the digital bank has said, just weeks after it fe...

Facebook

UK regulator shows assertive posture in blocking Facebook purchase of Giphy

The UK’s move to block Facebook-owner Meta Platform Inc’s acquisition of Giphy signalled a new determination to scrutinise digital deals.

Meta Platforms - Facebook

Facebook appeals UK ruling that it must sell Giphy

Facebook-owner Meta is appealing the UK’s ruling that it must sell animated images platform Giphy, saying the evidence does not support the finding that the deal is a threat ...

Platform Economy: Palantir and Peter Thiel

Palantir to localize UK data operations as privacy regulations tighten

Palantir Technologies Inc has said it plans to shift its entire UK data processing out of the United States, at a time when data privacy regulations are tightening across the globe...

Facebook is Meta

Facebook to win conditional EU nod for Kustomer buy, sources say

Facebook is set to gain EU antitrust approval for its acquisition of Kustomer after offering remedies that allow rival products to function with those of the U.S. customer service ...

Hackers and security

UK lawmakers call for tougher crackdown on online scammers, cyberflashing

Google, Facebook and other online services should be held legally accountable for advertisements on their platforms in order to prevent fraudsters scamming millions of consumers, a...

Platform News: Binance

Binance affiliate says will withdraw Singapore licence application

The Singapore affiliate of Binance, one of the world’s largest cryptocurrency exchanges, said in a statement it will withdraw its local license application and wind down its ...

Facebook's Instagram

Instagram, ahead of US Senate hearing, tightens teen protection measures

Instagram has said it will be stricter about the types of content it recommends to teens in the photo-sharing app and will nudge them toward different areas if they dwell on one to...