Regulation

Terms of the deal are still in flux, a source told Bloomberg, but part of it could be TikTok US moving from AWS and Google Cloud to Oracle Cloud.

NYSE, Nasdaq, Cboe threaten to leave the state if the new proposal to tax electronic trades is passed.

The planned test of its ability to move live trading to secondary sites comes in response to a new e-trading tax bill.

The rules would preclude China from forcing its companies to share overseas data and build backdoors, and from using IT to damage critical infrastructure or steal data.

A review may recommend the government stops the company from moving users’ data out of the country.

Their internet marketplaces under regulatory scrutiny, Google, Amazon, and others are building more ecosystems – but of a different kind.

The move to expand its operations within EU borders is part of a global effort to prove itself a responsible internet citizen and a trustworthy service provider.