Category: News

China market regulator fines tech giants for failure to report 43 old deals

The Chinese State Administration for Market Regulation (SAMR) has fined several Chinese Big Tech companies for failing to adhere to competition law regulations. The companies listed are fined up to 500,000 yuan (US$ 76,000), the maximum penalty under China’s competition law. The companies listed included e-commerce conglomerates Alibaba, JD and Tencent. They were charged for…

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India government to repeal controversial farm laws after year-long farmer protests

Addressing the nation on Friday, India’s Prime Minister Narendra Modi announced that the central government will repeal the three controversial farm laws in the upcoming winter session of the Parliament. When the Parliament had passed the three farm laws in September 2020, it sparked widespread protests by farmers. They feared that the laws would dismantle…

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Senators introduce joint resolution to block arms deal with Saudi Arabia

A bipartisan group of U.S. senators Thursday introduced a joint resolution to block a White House agreement to sell weapons to Saudi Arabia. The group includes Rand Paul (R-KY), Mike Lee (R-UT), and Bernie Sanders (I-VT), and the resolution aims to stop the sale of 280 medium-range air-to-air missiles, 596 missile launchers, and other weapons,…

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India central bank working group recommends new law to prevent illegal digital lending

A working group constituted by the Reserve Bank of India Thursday released its report on digital lending through online platforms and mobile apps, recommending separate legislation to prevent illegal digital lending, a nodal agency for verification, and a self-regulatory organization for participants in the sector. The group was set up in January this year against…

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US state attorneys general coalition investigates Instagram’s mental health impact on children

A coalition of US state attorneys general Thursday announced a coordinated bipartisan investigation into Meta Platforms Inc. (previously known as Facebook) for providing and promoting its subsidiary Instagram to children and young adults despite physical and mental health risks associated with the social media platform’s usage. The group comes from a broad range of states…

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Pennsylvania Supreme Court rules ballots cannot be rejected based on signature comparisons

In a unanimous ruling Friday the Pennsylvania State Supreme Court held that a voter’s absentee or mail-in ballot cannot be rejected based solely on a comparison of the signature on the ballot with the voter’s signature on their registration form. The ruling came as a result of a King’s Bench petition by Kathy Boockvar, Secretary of…

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