Amazon Considers Abandoning Private Labels to Appease Regulators

Amazon.com Inc. has considered abandoning its private-label business as a peace offering to regulators, according to a person familiar with the matter. The company’s growing set of house brands is at the core of investigations launched by U.S. and European regulators into whether the world’s largest e-commerce company is abusing its market power.

FCC Chair Considers Increases to Minimum High-Speed Broadband Service

The U.S. Federal Communications Commission is looking to rewrite the definition of high-speed broadband service to bring it in line with programs established by Congress to fund the build-out of broadband infrastructure in unserved areas across the country. FCC Chair Jessica Rosenworcel circulated among her colleagues a Notice of Inquiry, which asks for public comment on whether speeds that define minimum speeds for broadband should be raised to 100 megabits per second downstream and 20 megabits per second upstream.

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UNESCO Study Finds Widespread Holocaust Distortion on Telegram

Messaging platform Telegram, a major source of news and information in Russia and across much of the world, is so rife with Holocaust denial and distortion that nearly half of public content shared by users related to the issue falls into these categories, more than on other platforms, according to a new study led by the UNESCO. People posting such content have found ways to evade moderation, including vague nods that signpost for users more explicit material on other platforms, or through inside jokes, memes and references that mock or glorify genocide.

Putin Signs Law Prohibiting Use of Digital Assets as Form of Payment

People in Russia will soon no longer be allowed to use digital assets as a form of payment. Russian president Vladimir Putin has signed a bill into law prohibiting the use of digital assets, such as cryptocurrency and NFTs, to pay for goods and services. In addition, as Protocol notes, the new law also requires crypto exchanges and providers to refuse transactions in which digital transfers can be interpreted as a form of payment.

Italy's Competition Authority Launches Investigation of Google

Italy's competition authority AGCM said it had launched an investigation against Google for suspected abuse of its dominant position in data portability, an accusation the Alphabet unit denied. The watchdog said in a statement that Google allegedly hindered interoperability with other platforms, particularly with Weople, an app by Italian operator Hoda, which could "constrain the economic benefits that consumers can derive from their data" and limit competition.

Ukrainian Officials Say Tech Companies Less Responsive to Concerns

Ukrainian officials who have flagged thousands of tweets, YouTube videos and other social media posts as Russian propaganda or anti-Ukrainian hate speech say the companies have grown less responsive to their requests to remove such content. New research shared with The Washington Post by a Europe-based nonprofit initiative confirms that many of those requests seem to be going unheeded, with accounts parroting Kremlin talking points, spewing anti-Ukrainian slurs or even impersonating Ukrainian officials remaining active on major social networks.

Taiwanese Prosecutors Accuse Chinese Apple Supplier of Stealing Secrets

Taiwanese prosecutors accused a Chinese Apple Inc. supplier of stealing commercial secrets from a Taiwanese supplier and poaching its workforce to win orders from the U.S. company, saying it had charged 14 people. Taiwan has been stepping up efforts to stop what it views as underhand and illegal activities by Chinese firms to steal know-how and poach away talent in what Taipei's government views as a threat to the island's tech prowess.

TikTok's Chief Security Officer Leaving; Company Says Departure Pre-Planned

TikTok’s chief security officer will step back from that role in September, the company said, in a move the company said wasn’t related to widening concerns in Washington over the security risks posed by the popular short-video app. Roland Cloutier, global chief security officer for the video-sharing app owned by Beijing-based ByteDance Ltd., will stay on as a strategic adviser focused on the business impact of security programs, the company said.

House Republicans Ask TikTok for Details About Chinese Employees' Access

Two high ranking House Republicans are asking TikTok for more information about the access that China-based employees of its parent company ByteDance have to American data. “We write to request documents and information regarding recent reports that TikTok allows China-based employees of its parent company, ByteDance, to access non-public U.S. user data, contrary to the company’s previous denials,” the top Republicans on the Oversight committee, James Comer (R-Ky.) and Energy and Commerce committee, Cathy McMorris Rodgers (R-Wash.), wrote in a letter to TikTok CEO Shou Zi Chew.

Litigation Expected After Musk Terminates $44 Billion Deal to Acquire Twitter

Now that Elon Musk has signaled his intent to walk away from his $44 billion offer to buy Twitter, the fate of the influential social media network will be determined by what may be an epic court battle, involving months of expensive litigation and high-stakes negotiations by elite lawyers on both sides. The question is whether Mr. Musk will be legally compelled to stick with his agreed-upon acquisition or be allowed to back out, possibly by paying a 10-figure penalty.

Google Offers to Split Off Part of Ad Business to Avoid Antitrust Lawsuit

Alphabet Inc.’s Google has offered concessions in an attempt to head off a possible U.S. antitrust lawsuit aimed at its massive ad-tech business, according to people familiar with the matter, a sign that legal and regulatory pressures on the tech giant are coming to a head. As part of one offer, Google has proposed splitting parts of its business that auctions and places ads on websites and apps into a separate company under the Alphabet umbrella, some of the people said.

Heads of FBI and MI5 Say 'Chinese Government is Set on Stealing Your Technology'

The heads of the FBI and Britain’s domestic security service issued sharply worded warnings to business leaders about the threats posed by Chinese espionage, especially spying aimed at stealing Western technology companies’ intellectual property. In a rare joint appearance at the headquarters of MI5, Christopher Wray, director of the Federal Bureau of Investigation, and Ken McCallum, director-general of MI5, urged executives not to underestimate the scale and sophistication of Beijing’s campaign.