regulation

Communications Minister Paul Fletcher said the ACCC inquiry into digital platforms will lead changes in Australia’s media regulatory framework and raised the possibility of tighter regulation of US tech giants while addressing industry in Sydney this week. “20 plus years ago there was still a strong mindset that said ‘the

A group of CEOs from some of America’s largest companies have asked lawmakers to pass a nationwide consumer data privacy law as soon as possible. An open letter, signed by 51 CEOs from the Business Roundtable, is calling for Congress to agree on a “well-understood legal and regulatory framework” that

The commonwealth government released a discussion paper outlining its vision for data sharing between government agencies, and the release of data to the public. Submissions are now open and the government is seeking stakeholder input on how to “modernise” the way it shares data. Webinar: Can I Trust You? Building

The cost of data breaches will rise from $3 trillion each year to over $5 trillion in 2024, an average annual growth of 11 per cent, according to a new report from Juniper Research. This will primarily be driven by increasing fines for data breaches as regulation tightens, as well

Facebook Calibra, Libra

A global group of regulators led by Australia and the UK are asking Facebook to explain how it will protect personal information in its new cryptocurrency venture.  Sign up for Which-50’s Irregular Insights newsletter The regulators have “concerns” about the initiative which would see Facebook potentially adding the financial data

The dominance of Google and Facebook must be addressed through comprehensive reform, according to Australia’s competition watchdog, which has identified systemic problems in the digital media industry. The ACCC today released its report on its inquiry into digital platforms, calling for new codes of practice, greater regulatory oversight, and reforms

The competition and consumer regulator has released the findings of its first ever examination of digital platforms in Australia, recommending sweeping changes and further industry investigations, among them an examination of the digital advertising supply chain. Sign up for Which-50’s Irregular Insights newsletter The ACCC has recommended the establishment of

Facebook will receive a US$5 billion fine from American regulators for its failure to protect users’ privacy. Federal Trade Commissioners voted 3-2 in favour of the settlement with the social media behemoth, to conclude its long-running probe stemming from the Cambridge Analytica scandal, according to people familiar with the matter.

Facebook’s scandal plagued 2018 and looming regulation will do little to damage it in the near term, according to Forrester analysts. Long term, however, it is a different story, with analysts tipping the company’s maniacal focus on growth will bring about its downfall. Sign up for Which-50’s Irregular Insights newsletter

Between January and March this year Facebook removed 2.2 billion fake accounts, according to social media giant’s own reporting. The company released the latest figures, vowing to be more transparent as it faces a multi-billion fine and a gathering chatter about a potential break up by American regulators. Sign up