Apple, Google and WeChat Digital Wallets may face new regulatory laws in Australia

The Australian government is considering new laws that would tighten regulation of digital payment services by tech giants like Apple and Alphabet’s Google. Treasurer Josh Frydenberg said he would “carefully consider” this and other recommendations in a government-commissioned report on whether the payments system has kept pace with advances in technology and changes in consumer … Read more

Ethiopia to create local social media platform to rival Facebook, Twitter, WhatsApp

Ethiopia has started to develop its own social media platform to rival Facebook, Twitter and Whatsapp, though it does not intend to block global services, the state communications security agency said on Monday. Ethiopia has been involved since last year in an armed conflict that pits the federal government against the Tigray People’s Liberation Front … Read more

Tencent’s WeChat among 42 apps disapproved by China for illegal transfer of user data

China’s Ministry of Industry and Information Technology (MIIT) said on Wednesday that 43 applications, including Tencent’s WeChat, had illegally transferred user data and ordered their parent companies to make rectifications. The shift comes as Chinese authorities increase regulatory oversight across a range of industry sectors, with a particular emphasis on privacy and data. In a … Read more