Law to regulate Google and Facebook passed in Australia

Law to regulate Google and Facebook passed in Australia

Canberra: – The Australian Parliament passed the law to keep a tab on the monopoly of Google and Facebook. Australia becomes the first country to pass legislation of this nature against the leading countries in the information technology sector. As per this law named ‘New Media Bargaining code’, Google and Facebook will have to pay […]

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Attempts to pressurise Australia through Big Tech will not be tolerated, Australian PM Scott Morrison slams

Attempts to pressurise Australia through Big Tech will not be tolerated, Australian PM Scott Morrison slams

Canberra: – Australian Prime Minister Scott Morrison reprimanded Facebook with sharp words; the closure of Facebook services in Australia is a glaring example of what the Big Tech companies can do as they feel they are above the government and no rules apply to them. Such actions justify the apprehensions of other countries towards these […]

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Leading countries initiate moves for action against leading companies from the IT sector

Leading countries initiate moves for action against leading companies from the IT sector

London/Brussels/Canberra: Leading countries of the world have initiated moves to take actions against the giant companies from the IT sector, trying to have monopolies in the sector, using their financial might. As per reports, over the last few days, the European Union, the United Kingdom and Australia have taken some major decisions in this respect. […]

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Leading companies exit from Facebook’s Libra Digital currency, including Mastercard, Visa and Ebay

Leading companies exit from Facebook’s Libra Digital currency, including Mastercard, Visa and Ebay

California: Four months ago, Facebook’s digital currency that was launched with great fanfare has suffered major blows back-to-back. Five companies participating in the Libra venture have decided to back out in the last 24 hours. These companies include the world leaders in payments processing such as Mastercard, Visa and Stripe. Given this development indicates that […]

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European Union institutes inquiry against Facebook, over the issue of Libra cryptocurrency

European Union institutes inquiry against Facebook, over the issue of Libra cryptocurrency

Brussels: The troubles for Libra cryptocurrency, being launched by the social media company Facebook, seem to be increasing. Following the action initiated by the countries like the United States and Australia, now the European Union has instituted an inquiry against ‘Facebook Libra’. The spokesman of the Union informed that independent notices had been sent to […]

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Facebook acquires Control Labs, makers of the Mind Reading Wristband accepting messages from brain

Facebook acquires Control Labs, makers of the Mind Reading Wristband accepting messages from brain

California: Facebook has acquired the start-up which has developed ‘Mind Reading Wrist Band’, that reads the instructions sent by the brain to the arm. The name of the Start-up being Control Labs, this deal is claimed to be nearly USD 1 billion, as per the US media. With this acquisition, Facebook would make a mark […]

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Scale of action against the Big Tech companies in US becomes more comprehensive; more than 20 states to participate in the inquiry

Scale of action against the Big Tech companies in US becomes more comprehensive; more than 20 states to participate in the inquiry

Washington: There are indications that the scale of action initiated by the Trump administration against the big companies, in the information technology sector, will become more comprehensive. More than 20 states in the United States have contacted the central agencies with an insistent demand that they should be included in the action against the Big […]

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Back door access necessary in social media, to stop terrorism and atrocities against children, demands intelligence agency Five Eyes Alliance nations

Back door access necessary in social media, to stop terrorism and atrocities against children, demands intelligence agency Five Eyes Alliance nations

London: In a meeting held in London, intelligence agencies called for a special access to social media platforms like Facebook and WhatsApp to prevent terror attacks and to combat child abuse. A meeting of ‘Five Eyes Alliance’, an independent and influential group of intelligence agencies at the international level, started in the British capital of […]

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