Tag: Japan

Japan Antitrust Authorities to Investigate Tech Giants Like Google, Amazon

Japan’s anti-trust authorities will probe whether tech giants such as Google and Amazon are using their market-leader positions to exploit contractors or obstruct competition, the country’s fair trade chief said Thursday. In an interview with the Mainichi Shimbun newspaper, the head of Japan’s Fair Trade Commission (JFTC) said the investigation would take place next year. “We will probe whether […]

Japan Hit by Another Cryptocurrency Heist, $60 Million Stolen

Japanese cryptocurrency firm Tech Bureau Corp said about $60 million (roughly Rs. 432 crores) in digital currencies were stolen from its exchange, highlighting the industry’s vulnerability despite recent efforts by authorities to make it more secure. Tech Bureau, which had already been slapped with two business improvement orders by regulators this year, said its Zaif […]