In the space of a week, Apple Inc. made two sets of changes to its App Store rules, which are the subject of lawsuits, regulatory probes, and legislation around the world, but the tweaks do not address the biggest concerns raised. Lawmakers and regulators are considering dismantling the App Store business model, an outcome that…
Chinese Regulators On Mission to Rule Over Technology Giants
May 17, 2021
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Commentary Beijing has begun to rein in China’s technology companies, issuing fines and instructing firms to change their corporate structure due to anti-competitive behavior and other transgressions. But a common thread across recent regulatory actions against the technology sector, regardless of the allegations on the surface, is the Chinese Communist Party (CCP)’s desire to control…
Tesla to Recall 135,000 US Vehicles Under Pressure From Auto Safety Regulators
WASHINGTON—Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail and raise the risk of a crash after U.S. auto safety regulators sought the recall last month, according to a recall posted on a government website Tuesday. The National Highway Traffic Safety Administration (NHTSA) made the…
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