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Tech tensions tighten TikTok’s South-east Asia focus

Location:

SOUTH-EAST ASIA

TikTok’s new campaign will piggyback on the region’s robust appetite for social media, and is intended to help offset revenue the company will likely lose due to increasing…

TikTok bill will widen US-China rifts

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US

This act would ban TikTok in the United States unless its Chinese owner, ByteDance, sells the video-sharing app within 180 days of the legislation becoming law. TikTok is a…

EU move escalates business risks for China's TikTok

Location:

INT

The same day, Canada's Privacy Commissioner announced an investigation into whether TikTok's data handling practices comply with national privacy laws. The two moves expand the…

Latin American taxi app competition to grow

Location:

LATIN AMERICA

Taxi apps in Latin America.

Antitrust tests of 'big tech' will get tougher

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INT

The move comes as regulators scrutinise the competition implications of large tech companies' ability to lock in customers by bundling their products, creating dependencies. The…

New regulations may improve Nigerian digital lending

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NIGERIA

This follows a March 31 deadline for operators to register and subject themselves to a basic screening process. This reflects government efforts to create partial regulatory…

Global reliance on GPS creates new risks

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INTERNATIONAL

Reliance on GPS.

FTX collapse boosts case for EU crypto regulation

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EU

The EU’s Markets in Crypto-Assets (MiCA), the first comprehensive set of regulations, aims to reduce the risk of an FTX-type collapse. The final vote is due during the plenary…

Prospects for fintech in 2017-22

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PROSPECTS 2017-22

Prospects for Fintech in 2017-2022

Tech slump hits India's IT industry

Location:

INDIA

Employment in the IT and business process management industry rose from 1.96 million in 2008-09 to 4.85 million in 2021-22, according to official data. Rising valuations in…