Microsoft’s president Brad Smith said the UK regulator’s decision to prevent its acquisition of Call of Duty maker Activision Blizzard “had shaken confidence” in Britain as a destination for tech businesses. The Competition and Markets Authority (CMA), which operates independently from government, blocked the deal on Wednesday, saying it could hit competition in the nascent … Read more
India and the UK on Wednesday discussed international developments regarding crypto assets and emphasised the importance of robust global approaches to deal with risks attached to this. At the India-UK 2nd Financial Markets Dialogue participants from both countries provided updates on recent developments in their respective banking sectors, discussing banking trends and emerging vulnerabilities and … Read more
Britain’s competition regulator said proposals from Alphabet‘s Google to give app developers the freedom to break away from Google Play’s billing system looked to be sufficient to address its concerns about in-app payments. Britain’s Competition and Markets Authority (CMA) said in June that Google’s complete control over in-app payments unfairly restricted developers by forcing them … Read more
The Web3 sector is catching the attention of global industries, who are now looking at metaverse and NFTs as important revamps to tackle the existing monotony in the advertising and marketing industries. While nations like Japan, Dubai, and South Korea are accelerating efforts to establish themselves as Web3 hubs, UK does not wish to be … Read more
The UK on Tuesday imposed a 12.7-million pound fine on Chinese video app TikTok for a number of breaches of data protection law, including failing to use children’s personal data lawfully. The Information Commissioner’s Office (ICO), the country’s information watchdog estimates that TikTok allowed up to 1.4 million UK children under the age of 13 … Read more
New Zealand said it will ban TikTok on devices with access to the country’s parliamentary network due to cybersecurity concerns, becoming the latest nation to limit the use of the video-sharing app on government-related devices. Concerns have mounted globally about the potential for the Chinese government to access users’ location and contact data through ByteDance, … Read more
Britain is set to announce a ban on TikTok on government phones on Thursday, PA Media reported, a move that would follow other Western countries who have barred the Chinese-owned video app over security concerns. TikTok has come under increasing scrutiny due to fears that user data from the app owned by Beijing-based company ByteDance … Read more
Honor X8a smartphone has been launched in the UK, Malaysia and UAE on Thursday, as the company’s latest affordable offering. The smartphone features similar specifications to the standard Honor X8 and has been made available in three colour options. It is equipped with MediaTek’s Helio G88 SoC, coupled with 6GB RAM in the base variant … Read more