US-China Tech War Bigger Risk Than Corona-virus, EU Chamber Chief Says.

Although the coronavirus has shaken supply chain and market globally, the President of the European Chamber “awake at night” in China is in the expectation of Europe being a target for the US-China tech battle. Jörg Wuttke, who is the cheif representative of the German petrochemical giant BASF in China, said that “it is difficult…

Reliance Jio’s $5.7 billion deal with Facebook is under CCI scanner.

India’s antitrust watchdog examines the acquisition by Facebook Inc of a 10% stake in the digital assets of Reliance Industries Ltd, which would give the US giant another footprint on one of the most rapidly growing internet markets in the world. The Competition Commission of India seeks to prevent malpractices in all the transactions it…

Google Introduces New Ad Features to Help Small Businesses

Google launched new advertising functionality on Wednesday by Alphabet, which enables local businesses to attract more consumers and to rebound from the corona-virus pandemic. The features come as shops around the US have been hit down as they are required to shut down their doors while the health epidemic is growing and now are reopening…

WhatsApp application introduces a digital payment system through chat.

On Monday, Facebook’s WhatsApp application has released a service that enables users to send money to people and local businesses through a chat, attaching payment, as they would in the case of a photo or a video.  From 2018 onwards, in India, WhatsApp tested the payment system. Currently, it has launched in Brazil that will…

Trump signs an executive order taking direct aim at social media companies.

President Trump signed a executive order on Thursday aiming Internet firms against liability for content created by users, which aims at the legal protection. The law, defined as the Communications Decency Act (Section 230), is important for massive social platforms like Twitter, YouTube and Facebook, who have been suspected, without justification, of intentionally undermining conservative viewpoints by…