US

FTC: Federal Trade Commission

FTC Chair: Internet providers collect ‘staggering’ amounts of data

Internet service providers collect a “staggering” amount of detailed data on consumers, Federal Trade Commission Chair Lina Khan said in discussing an agency staff repo...

FinTech player, PayPal

Sources: PayPal in $45 billion bid for Pinterest

PayPal has offered to buy Pinterest for some $45 billion, people familiar with the matter have suggested, a combination that could herald more financial technology and social media...

Platform News: Social media titan, Facebook

Changing Facebook’s name unlikely to deter lawmaker or regulatory scrutiny

Renaming Facebook Inc is unlikely to enable the tech giant to distance itself from regulatory and public scrutiny around the potential harms caused by its social media apps, market...

Platform News: Alphabet and Google search engine

Alphabet’s Wing project unveils new drone delivery model in Texas

Wing has said that Walgreens will use its new drones to make deliveries from a store in Texas, in the first use of such vehicles in a major US metro area.

Cryptocurrency

US futures-based bitcoin ETF rises in first day of trading, bitcoin nears record

The first US bitcoin futures-based exchange-traded fund began trading yesterday, sending bitcoin to a six-month high and just off its all-time peak, as traders bet the ETF could bo...

Comcast

Comcast, Walmart team up to sell smart TVs with the media firm’s software

Comcast Corp has launched smart TVs that run on its operating system and will be sold in the US at Walmart Inc stores and in the coming weeks at the retailer’s website, the m...

Platform Economy: SEC

Why did the SEC release a report on GameStop?

The The SEC has released a report examining the frenzied trading in shares of retailer GameStop Corp, and other ‘meme’ stocks, in January, and recommended some areas fo...

New York Crypto

New York directs two cryptocurrency lending platforms to cease activity

Two cryptocurrency lending platforms were asked to cease activities in New York by the state’s attorney general on Monday and three other platforms were directed to provide i...

Zix

Sources: Email security software vendor Zix explores sale

Zix Corp, a US provider of email security solutions, is exploring strategic alternatives that include a sale of the company, according to people familiar with the matter.

Backblaze

Cloud storage provider Backblaze files for US IPO

Cloud storage provider Backblaze Inc filed for a US IPO, cashing in on growing demand for cloud computing from businesses expanding their digital offerings during the COVID-19 pand...

Bitcoin hovers near 6-month high on ETF hopes, inflation worries

Bitcoin hovered near a six-month high Monday morning on hopes that US regulators would soon allow cryptocurrency exchange-traded funds to trade, while global inflation worries also...

Jack Dorsey

Square CEO Dorsey says looking to build a bitcoin mining system – tweet

Square Inc CEO Jack Dorsey has said that the leading FinTech player is looking to build a bitcoin mining system based on custom silicon and open source for individuals as well as b...

Crypto Coins

Crypto firms Tether and Bitfinex to pay $42.5 million to settle US CFTC charges

Cryptocurrency Tether and crypto exchange Bitfinex will pay $42.5 million to settle civil charges from the US Commodity Futures Trading Commission over allegedly making misleading ...

Platform News: Tech Titans including Facebook, Google, Amazon and Apple

Big Tech to face another bipartisan US antitrust bill

A bipartisan group of lawmakers, headed by Senators Amy Klobuchar, a Democrat, and Republican Chuck Grassley, plan to introduce a bill that would bar Big Tech platforms, like Amazo...