Category: Government
China lays out ‘rectification’ plan for Jack Ma’s fintech empire Ant
What a whirlwind holiday for Jack Ma and his fintech empire. The People’s Bank of China, the country’s central bank, summoned Ant Group for regulatory talks on December 26th, announcing a sweeping plan for the fintech firm to “rectify” its regulatory violations. The meeting came less than two months after…
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China’s e-commerce titan Alibaba hit with antitrust probe
China’s top market watchdog has begun a probe into Alibaba over alleged anti-competition practices at the e-commerce firm, the latest of Beijing’s efforts to curb the country’s ever-expanding internet titans. The State Administration for Market Regulation said Thursday in a brief statement that it is investigating Alibaba over its “choosing…
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Trump vetoes major defense bill, citing Section 230
Following through on his previous threat, President Trump has vetoed the $740 million National Defense Authorization Act (NDAA), a major bill that allocates military funds each year. Through tweets in early December, Trump said he would sink the NDAA if it wasn’t altered to include language “terminating” Section 230 of…
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Google, Cisco and VMware join Microsoft to oppose NSO Group in WhatsApp spyware case
A coalition of companies have filed an amicus brief in support of a legal case brought by WhatsApp against Israeli intelligence firm NSO Group, accusing the company of using an undisclosed vulnerability in the messaging app to hack into at least 1,400 devices, some of which were owned by journalists and…
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Dozens of journalists’ iPhones hacked with NSO ‘zero-click’ spyware, says Citizen Lab
Citizen Lab researchers say they have found evidence that dozens of journalists had their iPhones silently compromised with spyware known to be used by nation states. For more than the past year, London-based reporter Rania Dridi and at least 36 journalists, producers and executives working for the Al Jazeera news…
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Trump administration proposes splitting Cyber Command from the NSA
The Trump administration elevated the role of Cyber Command in 2018, and now it’s apparently ready to give the division its own berth. Defense One reports that officials have proposed splitting Cyber Command leadership from the NSA. It’s not certain… Source
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