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Articles about Regulators

Lenovo

US regulators OK sale of IBM's x86 server biz to Lenovo

US regulators have given the thumbs-up to IBM's sale of its x86-based System x server business to China's Lenovo, Big Blue announced on Friday. "The approval of the $2.3 billion sale to Lenovo enables IBM to focus on system and software innovations that bring new kinds of value to IBM clients in areas such as cognitive computing …
Neil McAllister, 16 Aug 2014
O2 XDA Argon

EU regulators quiz mobe industry over Hong Kong group's new bid

EU competition regulators are going to the mobile ISP industry with new concessions from Hong Kong firm Hutchison Whampoa, as it seeks approval for its $1bn bid for O2 Ireland. Sources whispered to Reuters that the conglomerate has offered the European Commission a new deal for Telefonica's Irish company after an initial …

UK regulators: We will be CHECKING UP on banks' IT systems

UK regulators are to conduct a review later this year on how banks and building societies are managing the risk of IT outages affecting their business. Details of the review were contained in the Financial Conduct Authority's (FCA's) new business plan (52-page/4.56MB PDF). The FCA will undertake the review together with the Bank …
OUT-LAW.COM, 02 Apr 2014
Suitcase bulging with cash

Juniper under bribery investigation by US regulators

Packet-pusher Juniper Networks is under investigation by the Department of Justice and the Securities and Exchange Commission, it has emerged. The regulators are pursuing the company over "possible violations" of the anti-bribery US Foreign Corrupt Practices Act, the company revealed in its 10-Q filing with the SEC on Thursday …
Jack Clark, 09 Aug 2013

Qualcomm pleads innocence as Chinese regulators turn the screw

Mobile CPU giant Qualcomm has released a lengthy statement denying any wrong-doing after Chinese media claimed regulators have “substantial evidence” in an anti-monopoly investigation which could lead to over $US1bn in fines for the firm. Qualcomm revealed at the end of November that China’s National Development and Reform …
Phil Muncaster, 17 Dec 2013

Chinese regulators probe Qualcomm over 'unfair pricing' claims

China's antitrust regulator has accused chipmaker Qualcomm of abusing its market dominance and overcharging customers, charges that could see the firm hit with record fines of millions of dollars. The National Development and Reform Commission (NDRC) said that it started an investigation into the company last year after …
management regulation2

Top patent troll sues US regulators for interfering with its business

MPHJ Technology, one of the most notorious patent trolls in America, has filed a lawsuit against the US Federal Trade Commission, claiming that the agency's attempts to interfere with its business are in violation of its constitutional rights. The obscurely named MPHJ is a patent-assertion entity (that's troll to you and me) …
Neil McAllister, 14 Jan 2014
Facebook WhatsApp

WhatsApp, Zuck? Facebook finally finishes $22bn upstart gobble

Having secured the blessing of European regulators, Facebook has completed its $21.8bn acquisition of WhatsApp. The company on Monday finalized with the US Securities and Exchange Commission that the deal, which adds up to about $50 per user account, has now been finished, complete with a $4.59bn cash payout to WhatsApp …
Shaun Nichols, 07 Oct 2014
troll

US regulators seek public input on plan to investigate patent trolls

The US Federal Trade Commission is moving ahead – slowly – with plans to investigate the ways and practices of so-called Patent Assertion Entities (PAEs): patent trolls, to you and me. On Friday, the FTC voted unanimously to seek public comments on a proposal to gather information from "approximately 25 companies that are in the …
Neil McAllister, 28 Sep 2013
The Register breaking news

US and EU regulators will give Googorola the nod soon

Google’s planned purchase of Motorola Mobility looks likely to get clearance from US and EU authorities, possibly as early as next week, according to sources within the investigation. The EU has been taking its time to review the competition aspects of Google 's merger with the ailing handset manufacturer – there’s been a lot of …
Iain Thomson, 10 Feb 2012
The Register breaking news

Want a fast, private Wi-Fi channel? Fine, go fight the regulators

Ruckus Wireless has been helping satellite comms biz Globalstar prove that its model for a privately licensed Wi-Fi channel is technically perfect, even if it remains legislatively difficult. Globalstar would like to create a private band for Wi-Fi (one that it can charge top-dollar for) using the spectrum it has failed to fill …
Bill Ray, 11 Jun 2013
Micro SIM Card

Mobile SIM chip-makers 'will be fined by EU' for price-fixing, say sources

EU antitrust regulators are set to fine Samsung, Philips, Infineon Technologies and other tech firms for fixing the prices of chips used in mobile SIM cards, familiar folks whispered to Reuters. The European Commission kicked off a probe of the chips used in telly smart cards, passports, mobiles and ATM cards all the way back in …

Be the next tech hotshot – by staying the hell away from regulators

Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things – that's Adam Smith, by the way. I'm often left rather scratching my head as I read the latest …
Tim Worstall, 15 May 2014
management regulation1

Euro Commission drags Belgium to court over telco regulator's independence

The European Commission is taking Belgium to court for not allowing its telco regulator enough independence. Under EU law, national telecoms regulators must be able to act independently without state interference, but Belgium has a law allowing the Belgian Council of Ministers to suspend the Belgian Institute for Postal Services …
Jennifer Baker, 16 Oct 2014
The Register breaking news

Canadian regulators welcome US Bitcoin refugees with open arms

Canadian Bitcoin traders will not be clobbered by laws similar to those being used to target virtual currency exchanges in America, according to a leaked letter from the country's financial investigations unit. The Register has seen a letter from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) which …
Jasper Hamill, 20 May 2013
Lyft cars

Ban? What ban? Lyft buys carpool app maker Hitch

Ride-sharing service Lyft is looking to boost its carpooling service with the acquisition of smaller rival Hitch, even though both companies could be in violation of California state laws. The company said that Hitch, which specializes in a ride-sharing service similar to Lyft Line, would should down effective Tuesday and all …
Shaun Nichols, 24 Sep 2014

Want to buy T-Mobile US? Yours for $35 per share – report

The parent company of US mobile telco bad boy T-Mobile has reportedly decided it will sell the firm, after two failed bids, and has set its price at $35 per share. According to a person with knowledge of the matter, senior managers at the German firm met for a strategy meeting in Berlin on Thursday to discuss the recently failed …
Iain Thomson, 28 Aug 2014
The Register breaking news

Chinese regulators still reviewing Googorola slurp

China's Ministry of Commerce said this morning that its antitrust bureau is still looking into Google's bid to slurp Motorola Mobility. "The investigations and reviews are still under way. Any news will be disclosed in a timely manner," MoC spokesman Shen Danyang said at a press conference, according to China.org.cn. The deal …

Beijing says YES, GIVE US the iPHONE 6 even if it spies for the NSA

Beijing has approved the new iPhone 6 for sale after regulators were reassured that the devices contain no backdoors allowing NSA snooping. The iPhone 6 and iPhone 6 Plus will hit the shelves from 17 October, ending Chinese fanbois' wait to see if the larger iPhone 6 Plus will bend if exposed to the fiery heat of their crotches …
Jasper Hamill, 30 Sep 2014
The Register breaking news

UK regulators eye up Facebook's $1bn Instagram bid

Facebook's bid to buy photo-sharing app Instagram for $1bn will be probed by the UK's Office of Fair Trading, according to the watchdog, which invited informal submissions of comment on Friday. The dominant social network's takeover plan of Instagram has concerned the OFT, which is worried that the photo app market could be …
Kelly Fiveash, 25 Jun 2012

Finance CIOs sweat as regulators prepare to probe aging mainframes

Could the watchful eyes of regulators soon come to rest on the old and often creaking IT systems that run the back offices of the UK’s leading banks? Among CIOs in the sector, there’s a palpable concern that they will. It’s no secret, after all, that most retail banks rely on decades-old technology for their core banking systems …

US trading, energy watchdogs asked: Does Google's Skybox gobble pass the sniff test?

Consumer advocacy group Public Citizen has asked US energy and trading regulators to probe Google’s acquisition of satellite firm Skybox Imaging, which it claims could give big players in commodities trading an unfair advantage. In a letter to the authorities, Public Citizen said that banks and hedge funds already used the intel …
arrow pointing up

French regulators investigate Oracle over Itanium pullout

The Autorité de la concurrence, the French national competition authority, has opened up an investigation into Oracle's decision to stop software development for future versions of Intel's Itanium processor family. HP filed the complaint against Oracle with the French authorities quietly back in July 2011 shortly after the …
Lyft cars

Fares fair, says New York: Lyft finally gets in gear for the Big Apple

Ride-sharing service Lyft has agreed to a deal with New York officials to allow the company to open shop in New York City. The company said that as of 7pm local time on Friday it would launch in Brooklyn and Queens, two weeks after a last-minute legal threat from the state Attorney General forced the company to hit the brakes …
Shaun Nichols, 26 Jul 2014

You folks probably don't have much to say on the Comcast-TWC merger ... FCC extends deadline for comments anyway

The FCC has extended the deadline for people wishing to send in comments on the proposed merger between Comcast and Time Warner Cable. The commission said on Friday that it would give the public until 29 October to file their opinions on the proposed $42.5bn deal between two of the largest cable providers in the country. The …
Shaun Nichols, 03 Oct 2014
Double Facepalm; when one facepalm is not enough.

Don't bother telling people if you lose their data, say Euro bods

Businesses should not need to notify consumers that their personal data has been lost or stolen if the data has been encrypted, EU ministers have said. Ministers in the Justice and Home Affairs Committee of the EU's Council of Ministers backed the plans as part of a wider partial agreement reached last week on reforms to EU data …
OUT-LAW.COM, 15 Oct 2014

EU Competition chief: So what if I didn't tame Google? You're all 'irrational' anyway

Europe’s unelected competition czar has signed off with a sour burp aimed at his elected critics in Parliament. "I don't think antitrust investigations should be part of the conventional political debates," Joaquín Almunia complains in the Wall Street Journal. He was quizzed on his failure to deal with Google, a case which …
Andrew Orlowski, 17 Oct 2014

EU privacy A-Team tells Google: Get a grip and obey OUR laws

The EU's advisory panel on privacy and data protection has warned Google to comply with Europe's laws in an unusually strongly worded statement. The Article 29 Working Party vowed to investigate if Google refused to abide by the European Court of Justice (ECJ) ruling – Google Spain v Gonzalez et al – that decreed Google was not …
Andrew Orlowski, 09 Jun 2014
The Register breaking news

German data regulators move to tighten IP address laws

Passing along IP addresses of web visitors to a third party without their permission could become illegal in Germany. According to the Frankfurter Allgemeine Zeitung, data protection authorities in Lower Saxony have already targeted sites who depend on IP addresses for online advertising. The Lower Saxony authorities recently …
Jan Libbenga, 28 Feb 2011

eBay in talks with Bitcoin firms about payments processing

PayPal is reportedly in talks with Bitcoin firms to integrate the e-currency into its recently acquired Braintree payments system, according to the Wall Street Journal. eBay’s subsidiary has been chatting to Bitcoin facilitators like Coinbase about getting Braintree to accept the virtual cash, but has yet to reach any agreements …
Google sign outside Mountain View headquarters

Report: Google back in Europe's crosshairs over web domination claims

Regulators in Europe are about to rewrite a settlement with Google and expand their anti-competition probe into the web giant, it's claimed. The company was already under the microscope for allegedly screwing over its rivals in web search results. The Wall Street Journal cited the proverbial "person with knowledge" in reporting …
Shaun Nichols, 22 Jul 2014
Dr Dre Beats Solo

Forgot About Dre? Not us. Euro bods give nod to Apple and Beats deal

The European Commission has given its official blessing to the $3bn acquisition by Apple of headphone manufacturer Beats. After considering whether the link-up fitted in with merger regulations, the antitrust regulators decided the two firms were sufficiently different that there was no concerns about competition. In a …
Jasper Hamill, 28 Jul 2014
channel

Microsoft's Novell patent cartel dodges German regulators

A Microsoft-led consortium is still set to buy 882 Novell patents. Reports of its death have been greatly exaggerated. PC World reported here that plans to create CPTN Holdings have been withdrawn, with the publication citing information from the website of the German Federal Cartel Office. CPTN withdrew its application to …
Gavin Clarke, 12 Jan 2011

Like Google, Comcast might roll its own mobile voice network

Google apparently isn't the only company thinking about getting into the wireless networking game. Cable TV and internet giant Comcast has hinted that it's interested luring away some of the mobile carriers' business, too. In a filing with the US Securities and Exchange commission on Tuesday, Comcast said that it plans to …
Neil McAllister, 09 Apr 2014
NBN Co Customer premises equipment

NBN Co reports fibre traction and Telstra action

NBN Co has made the slightly awkward announcement that it's more than tripled the number of premises connected to its fibre network in the past year, while maintaining its commitment to the multi-technology model for future rollouts. It's chalked up the connections surge in spite of a management bonfire, several reviews to …

Level 3 gobbles rival TW Telecom in $5.7bn deal (that's 5 Instagrams)

Internet backbone provider Level 3 has bought its competitor TW Telecom in a cash and stock mega-deal valued at $40.86 per share. The planned $5.7bn merger, if waved through by US regulators and shareholders, would further consolidate the telco market stateside. "We believe this is a financially compelling and very strategic …
Kelly Fiveash, 17 Jun 2014
Sorry we're closed

Adobe axes R&D lab in China, insiders blame mandarins and pirates

Adobe is closing the doors of its research and development facility in China – and some within the biz are reportedly blaming the recalcitrant attitude of the Chinese government for the move. "The overall climate in China against Western enterprises has been quite negative and that's one of the major reasons," the anonymous …
Iain Thomson, 25 Sep 2014
flag.France

French Senate passes anti-Amazon amendment

France's Senate has passed an amendment to the “Lang Law”, a 1981 statute fixing the price of books, to prohibit online booksellers offering discounting and shipping books for free. La Cinquième République and Amazon have been fighting over this issue since 2008. Last year, things flared up again when an amendment to the Lang …
Simon Sharwood, 27 Jun 2014

EU dangles $6bn threat over Google in endless search abuse probe

Formal charges will be meted out to Google if its latest offer to tweak its search engine in Europe fails to satisfy regulators, Brussels stressed today. The American web giant is accused of abusing its dominance position in search – for example, allegedly unfairly burying its rivals way down in its web search results. The …
Kelly Fiveash, 23 Sep 2014
Microsoft-themed Monopoly board

China in MONOPOLY PROBE into Microsoft: Do not pass GO, do not collect 200 yuan

Chinese regulators have confirmed they are investigating Microsoft for possible breaches of anti-monopoly laws, following a series of surprise visits to Redmond's offices in cities across China on Monday. In a Chinese-language statement posted to its website on Tuesday (see robo-translation), China's State Administration for …
Neil McAllister, 29 Jul 2014

City council thinks what we're all thinking: 'Comcast is terrible – and NOT welcome here'

New England's second-largest city has hit out against a proposed deal that would take place should Comcast's acquisition of Time Warner Cable go through. The city council of Worcester has voted not to approve the transfer of its cable television and broadband services from Charter Communications to Comcast as part of an agreed …
Shaun Nichols, 16 Oct 2014

Chinese mobe-makers in pincer movement to corner Qualcomm

China’s mobile phone industry has turned up the heat on Qualcomm after submitting a damning report to government regulators in an on-going antitrust investigation into the US chip giant. China’s Communications Industry Association, consulted 20 out of its 30 key member companies before submitting its findings to the National …
Phil Muncaster, 11 Feb 2014
Netflix

Hey FCC, Comcast-TWC merger is bad news for Netflix, says Netflix

Netflix has formally petitioned the US Federal Communications Commission (FCC) to block the proposed $42.5bn tie-up between US cable giants Comcast and Time Warner Cable (TWC). The web vid upstart provided the FCC with a 256-page petition [PDF] outlining its feelings on the matter and making the case for the watchdog to shoot …
Shaun Nichols, 27 Aug 2014

Twitter WLTM UK-based pro lobbyist with GSOH - is ready for ads

As Twitter prepares to become an ad-stuffed free content network, the company is hiring a lobbyist for its UK office to "manage" public policy in Europe. It's the first such Blighty-based role advertised by the micro-blogging site and comes just months after Twitter floated on Wall Street. Responsibilities for the post include …
Kelly Fiveash, 21 Jan 2014
New York City's Manhattan skyline

New York looks to PROBE TWC over US outage

The Governor of New York is planning to investigate a massive outage which left Time Warner Cable (TWC) customers around the US without service for hours. Governor Andrew Cuomo said that the state would be looking into the outage on the grounds that a disruption in internet service also brings a halt to many personal and …
Shaun Nichols, 27 Aug 2014
BlackBerry Passport

Who's that sniffing around BlackBerry? Oh, is it YOU again, Lenovo?

Lenovo may be close to a deal to acquire Canadian smartphone maker BlackBerry – for real, this time – according to multiple reports. Citing anonymous sources, Canadian broadcaster CBC claimed on Monday that the Chinese equipment maker is planning to offer to snap up ailing BlackBerry at around $15 per share. The Toronto Sun and …
Neil McAllister, 21 Oct 2014

Bitcoin ban row latest: 'Unstable, loved by criminals' Yup, that's the US dollar – Colorado rep

A US Congressman has proposed a ban on the American dollar to mock colleagues who are campaigning against Bitcoin. Rep. Jared Polis (D-Colorado) said the American dollar bill, much like the Bitcoin cryptocurrency, was "unregulated and unstable," and had been used for illicit criminal activity. Polis, a former web entrepreneur …
Shaun Nichols, 06 Mar 2014
channel_partners_deal_handshake

Lenovo banks on $1 BEELLION Moto turnaround in SIX quarters

Lenovo boss Yang Yuanqing has boasted that he can wipe Motorola Mobility’s $1bn-a-year (£600m) losses in just six quarters once his firm takes the helm at the handset maker. Yang told Bloomberg on the sidelines of Mobile World Congress this week that he could make the turnaround without the need to cut any jobs. “Don’t be …
Phil Muncaster, 27 Feb 2014

If you can't beat 'em: Intel seeking stake in Chinese chipmaker Spreadtrum – report

Ever eager to gain ground in the mobile chip market from such rivals as Broadcom and Qualcomm, Intel is reportedly considering a substantial investment in Chinese smartphone chipmaker Spreadtrum. Reuters reports that Chipzilla is close to announcing a deal with the firm, citing anonymous sources. No specific figures have been …
Neil McAllister, 26 Sep 2014

Here's your chance to buy an ancient, working APPLE ONE

Woz it the gambling habit that crippled your finances? Or Woz it the fact you spent hundreds of thousands of quid on an ancient Apple computer that can't even send a tweet? If it Woz the latter, at least you'll be able to tell your wife, accountant or mummy that you've snapped up a bit of history at the same time as ridding …
Jasper Hamill, 13 Oct 2014