With the internet more monopolized than ever, can Web 3.0 help produce an economy that's fairer to innovation and startups?
Assistant Attorney General Makan Delrahim said the antitrust division needs to understand how blockchain could improve market competition.
In yet another example of Apple’s increasingly-strained relationship with developers, WordPress founder Matt Mullenweg tweeted that the free WordPress app on iOS hadn’t seen updates for a while because “we were locked by App Store.” According to his tweet, there was no way for the company to issue updates or bug fixes until it caved to a demand support in-app purchases (that Apple would receive a cut of) for its WordPress.com plans. Continue reading Apple apparently blocked WordPress app updates to force IAP support at E-Crypto News.
Law professor Zephyr Teachout discusses the recent antitrust hearings, how power impacts privacy and the "parallel governments" that Big Tech has created.
At the request of the People’s Bank of China, Beijing could soon probe its digital payments monopolies, sources claim. Days after the CEOs of the world’s top tech firms faced antitrust hearings in the United States Congress, sources are alleging that Beijing too could soon probe its own digital monopolies. A Reuters report published on July 31 cites anonymous sources who claim the People’s Bank of China has formally recommended that the State Council’s antitrust committee launch a probe into the activities of digital payments titans Alipay and WeChat Pay.The central bank has allegedly argued that both have used their ascendant…
The House Judiciary Committee’s big tech antitrust hearing has a new date after a delay to honor the late Rep. John Lewis. In the wake of an Axios report, the committee has confirmed that the hearing has been rescheduled to July 29th at 12PM Eastern. Continue reading Big tech antitrust hearing with Apple and Google rescheduled to July 29th at E-Crypto News.