Compliance

U.S. technology giants face a new wave of scrutiny from antitrust officials, as the Federal Trade Commission demands information about their acquisitions of startups that may have eliminated emerging competitors.

Regulators have concluded that at least one wireless carrier apparently violated U.S. law by improperly disclosing consumers’ location data, the chairman of the Federal Communications Commission said.

“All you are doing is increasing transaction costs for everybody if you completely separate,” Nadella said in an interview with Bloomberg News Editor-in-Chief John Micklethwait at Bloomberg’s The Year Ahead conference in Davos. That’s a concern as...

California’s law gives people the right to learn what personal data companies have collected and for them to request those companies refrain from selling that information. It will effectively become the new standard for privacy in the U.S., given...

“I want us to be the model jurisdiction in the world for how we are dealing with digital platforms,” said Australian Prime Minister Scott Morrison. “We have regulation and restrictions that were written for an analog economy.”

The concern is that banks need to comply with strict regulatory requirements to protect client data. But their industry is being infiltrated by competitors that aren’t necessarily subject to the same rules.

Lawmakers argue that repeated privacy lapses can be a sign that a company -- Facebook is often cited as a prime example -- has let product quality and customer service slip.