Business

EU regulators circle on Apple Pay

The EU's powerful anti-trust regulator is taking a closer look at Apple Pay, an official said on Friday, amid worry that the fast-growing and easy-to-use payment system is shutting out rivals.

Business

Match Group takes Google app store war to court in US

Tinder parent Match Group on Monday filed a lawsuit in a federal court in San Francisco accusing Google of abusing monopoly power at its Play Store that sells digital content for Android-powered phones.

Business

Facebook's crypto project Diem sold after pushback

The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million sale of its technology, capping a years-long initiative that drew significant concern from regulators.

Business

Group behind Facebook's Libra coin push meet in Geneva

The Libra Association, created by Facebook to launch its new cryptocurrency, kicked off its first council meeting in Geneva on Monday, despite defections by previous supporters like Visa and Mastercard.

Business

Indonesia investigating Google over app store payment system

Indonesia has launched an anti-trust investigation into Google over the etch firm's insistence that its payment system be used for purchases from its app store, authorities said Thursday, accusing it of unfair business practices.

Business

South Korea launches antitrust probe into Google

South Korea has launched an antitrust probe into Google over its plan to enforce its 30-percent Play Store commission by disallowing any apps circumventing its payment system, a top official said Thursday.

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