US

Platform Industry News: Twitter

Brit arrested in Spain for role in infamous 2020 Twitter hack

A 22-year-old Brit has been arrested in Spain in connection with a July 2020 Twitter hack which compromised the accounts of high-profile politicians and celebrities, the US Justice...

US Treasury Secretary Janet Yellen

Yellen urges quick US adoption of stablecoin rules

Treasury Secretary Janet Yellen has told regulators that the US government must move quickly to establish a regulatory framework for stablecoins, a rapidly growing class of digital...

Platform News: China

US and allies accuse China of global hacking spree

The US, UK and and various allies have accused China of a global cyberespionage campaign, mustering an unusually broad coalition of countries to publicly call out Beijing for hacki...

Platform News: Ransomware

US launches online hub to help ransomware victims

The US government has unveiled an online hub for the victims of ransomware attacks, saying it will make it easier for companies and municipalities to find resources and get assista...

Platform news: TikTok app based in China, US politics

US appeals courts dismiss government’s appeals of TikTok rulings

Two US appeals courts dismissed the Justice’s Department’s legal challenges to court rulings that barred a Trump-era effort to ban new downloads of Chinese-owned video-...

Platform News: Binance

Crackdown: Crypto exchange Binance unauthorised, says Italian regulator

Major cryptocurrency exchange Binance is not authorised to carry out activities in Italy, the country’s market watchdog has said, joining a string of global regulatory moves ...

Platform News: TD

TD says US online banking glitch fixed, cites service provider issues

Toronto-Dominion Bank has resolved technical problems caused by issues at a service provider, that affected its US customers and employees on Thursday, the Canadian lender said.

Streaming Wars: US SVOD data

Streaming Wars: SVOD market share in Q2 2021

The subscription video on demand (SVOD) market has experienced massive growth over the course of the past 18 months, with the COVID-19 global pandemic, along with discounted offers...

Lina Khan FTC

Facebook seeks US FTC Chair Lina Khan’s recusal in antitrust case

Facebook has asked for the recusal of Federal Trade Commission Chair Lina Khan from the FTC’s antitrust case against the company, a step that could imperil the agency’s...

Crypto Coins

Powell says a Fed digital currency could undercut need for cryptocurrencies

Federal Reserve Chair Jerome Powell on Wednesday said one of the stronger arguments for the U.S. central bank to set up a digital currency is that it could undercut the need for pr...

Platform News: Amazon

US regulator sues Amazon, demands recall of hazardous products

The US Consumer Product Safety Commission (CPSC) has said it has sued Amazon.com to force the retailer to recall hundreds of thousands of hazardous products that it had distributed...

Platform News: Huawei Technologies

FCC votes to finalize program to replace Huawei equipment in US networks

The US Federal Communications Commission voted unanimously to finalize a $1.9 billion program to reimburse mostly rural US carriers for removing equipment from telecommunications n...

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

How Big Tech is faring against US lawsuits and probes

Big Tech platforms Google and Facebook were hit with a series of antitrust lawsuits by the US federal government and states on charges they are operating monopolies and abusing the...

Platform News: European Union flags

After US push, EU pauses tax plan, but Ireland sticks to its guns

The European Union has agreed to delay a corporate tax plan for the bloc following pressure from the Biden-Harris administration and in a bid to facilitate a broader global tax dea...