Regulators

Tesla billionaire and future Twitter owner Elon Musk says he’s “very much on the same page” as the European Union about the Digital Services Act, a package of web platform regulations. Musk appeared in a short video alongside EU Commissioner Thierry Breton to confirm his support for the DSA, which — among other things — requires large platforms to police illegal content and assess the risk of harm their services pose, including from disinformation. “I think it’s exactly aligned” with the future goals for the Twitter…

The Netherlands Authority for Consumers and Markets (or ACM) has reportedly rejected Apple’s proposed App Store changes that would let dating app developers use third-party payment systems, according to 9to5Mac and the Coalition for App Fairness. The Dutch regulator ordered the change in December and has been going back and forth with the company over how it should be implemented — and charging Apple millions in fines along the way. Now, Apple could face further penalties. According to a journalist’s tweet translated…

US firm Nvidia is scrapping its $40 billion (roughly Rs. 2,98,600 crore) bid to buy UK mobile chip technology powerhouse Arm from SoftBank after persistent objections from regulators, the Financial Times reported Tuesday.Nvidia and SoftBank Group both declined to comment on the report, which cited three unnamed sources with direct knowledge of the deal.But the collapse would be no surprise, after recent speculation that the deal was on the verge of failure following pressure from US, UK, and EU regulators concerned it…

EU antitrust regulators are quizzing Microsoft's rivals and customers about its cloud business and licensing deals, a questionnaire seen by Reuters showed, in a move that could lead to a formal investigation and renewed scrutiny of the US software company.The European Commission has fined Microsoft a total EUR 1.6 billion (roughly Rs. 13431.2700 crore) in the previous decade for breaching EU antitrust rules and for not complying with its order to halt anti-competitive practices.The company found itself on the EU…

Microsoft on Wednesday courted the favor of antitrust regulators scrutinizing its plan to buy video game maker Activision Blizzard, promising that any app store it builds will treat developers fairly.Microsoft president Brad Smith laid out a set of "Open App Store Principles" that will apply to the store it runs for Windows-powered computers and "the next-generation marketplaces we will build for games.""We have developed these principles in part to address Microsoft's growing role and responsibility as we start the…