Tag Archive : regulator

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By Rebekah Mathew

(Reuters) – London’s public transport authority stripped Indian ride-hailing company Ola of its London operating licence, saying that the taxi app was not “fit and proper” to hold one, having put passenger safety at risk.

Bengaluru-based Ola entered the London taxi market in February this year. The market is dominated by rivals including Uber <UBER.N>, Freenow and Bolt, and traditional black cab drivers who previously blocked streets in protest at what they see as a threat to their livelihoods.

Transport for London (TfL) said in a statement that it refused to grant Ola, a Softbank-backed <9984.T> operator, a new London private hire vehicle (PHV) operator’s licence as it “cannot find it fit and proper to hold one after discovering a number of failures that could have risked public safety.”

TfL’s decision came days after Uber won a legal bid to restore its London operating licence, which was

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By Byron Kaye

SYDNEY (Reuters) – Google has postponed the Australian roll-out of News Showcase citing regulatory complications, just three months after announcing the product, as the U.S. internet giant grapples with one of the most audacious attempts to police its activities.

After naming Australia, Germany and Brazil as markets where it would start paying publishers to feature their news, the Alphabet Inc <GOOGL.O> unit dropped Australia from the product’s launch this week because its antitrust body has since pushed for laws forcing Google to pay royalties for content industry-wide.

Google said it has therefore “paused” contracts with five local publishers whose news was due to feature on News Showcase, which presents content on swipeable cards it dubs story panels.

“As we work to understand the impacts of the news media bargaining code on partnerships and products, we have put this project on pause for now,” Google’s managing director for

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a close up of a sign: Google first announced the Fitbit acquisition in November 2019. Reuters


© Reuters
Google first announced the Fitbit acquisition in November 2019. Reuters

  • Google is expected to win EU approval for its $2.1 billion Fitbit deal after it addressed competition and data concerns, Reuters reported.
  • The internet giant has promised it will not use Fitbit data to personalize adverts for 10 years, according to a Financial Times report.
  • It will also ensure competitors can use its Android and Cloud platforms, according to people familiar with the matter.
  • The EU opened a four-month long investigation into Google’s acquisition of Fitbit in August. The deal was first announced in November 2019.
  • Visit Business Insider’s homepage for more stories.

Google’s $2.1 billion acquisition of wearables company Fitbit appears to have cleared a major hurdle.

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It will be cleared by EU antitrust regulators after the tech giant agreed Tuesday to restrict how it uses customer data, according to multiple reports.

Google promised regulators

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  • Ireland’s data watchdog is the lead regulator for Google in Europe, because the ad giant’s European HQ is in Dublin.
  • The watchdog faces questions about whether it is up to the job, after dragging out an investigation into Google’s ad practices for more than a year.
  • The probe centers on allegations that Google processes and shares intimate data with third-party brokers in a way that breaches EU privacy rules.
  • Regulators across the EU have come under fire for having insufficient resources to uphold privacy regulation.
  • Visit Business Insider’s homepage for more stories.

 

The regulator tasked with policing Google in Europe is under pressure to prove it’s up to the job.

The non-profit Irish Council for Civil Liberties (ICCL) has written to Ireland’s Minister for Justice Helen McEntee to ask if the Ireland’s Data Protection Commission is capable of acting on claims that Google violates EU citizens’ data privacy. 

The letter

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