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Round-up of the latest industry news – January 2023

25.01.2023
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Round-up of the latest news

The Competition Commission of India has ordered Google to refrain from agreements that mandate pre-installation of its apps and ensure exclusivity of its search services. India’s Supreme Court has also declined Google’s request to block the directives, which the company had argued would hurt consumers. The company had also suggested that the regulator had copied parts of the order from a previous EU ruling on the dominance of its Android operating system. Start-ups in the country welcomed the news as a ‘boost for competition’. Google has announced that it will  cooperate with the authority.

Cyber-crime gangs have reportedly suffered a 40 per cent drop in earnings from ransomware attacks in 2022. Analysts at Chainanalysis tracked money flowing in and out of crypto wallets known to be used by gangs, and found extortion payments of $457 million, versus $768 million in 2021.

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Russell Seekins Russell Seekins Interim Editor, Intermedia; Partner, Re:Strategy
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