The Google logo outside google offices in New York City, 2019. Photo: AFP

Global financial watchdogs take aim at Big Tech’s data dominance, arguing they may need to share with banks

  • Global body of regulators from world’s main financial centres says that Big Tech’s growing tentacles raise questions for financial stability and data privacy
  • Financial Stability Board points out that Microsoft, Baidu, Apple, Alibaba and Tencent among others, have massive databases to back up their financial services moves
Topic |   Google
The Google logo outside google offices in New York City, 2019. Photo: AFP
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