Legal & Regulatory

Mega Ltd to list in New Zealand through inactive shell firm

Internet entrepreneur Kim Dotcom's Mega Ltd intends to list in New Zealand by doing a reverse takeover of TRS, an inactive shell company, Reuters reported.


Obama to propose legislation to halt NSA's bulk phone data collection

US President Barack Obama is getting ready to propose a legislation that will halt the bulk phone data collection of the National Security Agency (NSA) and instead let the agency procure individual court authorizations for every phone number to be investigated.

New UK tax law may increase price of apps by 20pct

A new tax law in the UK that will take effect at the beginning of 2015 seeks to close a loophole that exempts online music, apps, and downloads from a 20% value added tax.

Bitcoin exchange platform Vircurex to freeze user accounts on March 24, 2014

Bitcoin exchange platform Vircurex said it will stop withdrawals of digital currencies and freeze user accounts starting March 24, 2014, according to a statement on its website.


Latest News

Heads of the six biggest Internet companies in the US met with President Barack Obama and senior White House aides to talk about the government's data collection practices, Reuters reported.
The Australian government is considering if it should surrender Peter Phillip Nash to the US authorities after he was indicted as one of the "small support staff" of alleged Silk Road founder Ross Ulbricht, Reuters reported.
The Federal Trade Commission and California Attorney General Kamala Harris said Facebook had the wrong interpretation of how COPPA applies to teenagers, the Los Angeles Times reported.
Investor GeorgePio filed a case against General Motors Co and Chief Executive Officer Mary Barra for its failure to take care of the faulty issues that led to the recall of over 3.1 million cars, Reuters reported.
Turks are now facing a new challenge getting access to the Internet after courts banned Twitter as alternative DNS numbers that were used to access the Internet were not anymore working, Reuters reported.
Police are not revealing a lot of details about Stingray, a cell-tracking technology tool, that helps authorities that intercepts calls or messages of criminals they are trying to apprehend, the Associated Press reported.
Microsoft, through a blog post written by its Deputy General Counsel & Vice President John Frank, has pledged that it would undertake stricter procedures before investigating the Hotmail and Outlook accounts of its users, VentureBeat reported.
A former employee of Microsoft Corp was arrested and charged with stealing the trade secrets of the software company and giving them to a blogger in France, Bloomberg News reported.
Twenty-five tech companies have turned to Senator Ron Wyden asking his help to oppose the Trans-Pacific Partnership or TPP that could potentially limit online freedoms, VentureBeat reported.
Twitter is now offering an alternative way of sending Tweets via SMS after Turkish Prime Minister Recep Tayyip Erdogan lambasted social media for linking him to a corruption scandal and blocking the social network in the country.