Japanese regulators on Tuesday accused US tech giant Google of violating anti-monopoly laws, echoing similar moves in the US and Europe. Google Japan said in a statement that it found the action “regrettable.” It said it has invested in Japan significantly to promote innovation as a technology leader. The Japan Fair Trade Commission’s “cease and […]
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Twitter Inc misled federal regulators about its defenses against hackers and spam accounts, CNN and the Washington Post reported on Tuesday, citing whistleblower disclosures by the social media company’s former security chief Peiter Zatko. Twitter executives don’t have the resources to fully understand the true number of bots on the platform, and were not motivated […]
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Global regulators said on Tuesday they will complete work by year end on how much capital banks should hold to cover cryptoassets on their books. Last June the committee proposed that banks set aside enough capital to cover losses on any bitcoin holdings in full. Certain tokenised traditional assets and stablecoins could, however, come under […]
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