Marcus Bokkerink has been removed from his position as chair of the Competition and Markets Authority (CMA) by the UK government, marking a shift in regulatory practices aimed at boosting economic growth. The CMA, a key agency overseeing mergers and competition, had recently paused the high-profile Microsoft-Activision Blizzard merger, showcasing its regulatory power. Bokkerink, appointed in 2022, was expected to serve a five-year term but will now step down as part of the government’s effort to realign regulatory bodies with its economic priorities.
This decision reflects a broader governmental push to reduce barriers to economic expansion. Prime Minister Keir Starmer, Chancellor Rachel Reeves, and Business Secretary Jonathan Reynolds recently sent a letter to several regulators, including the CMA, urging them to prioritize growth. Government insiders have suggested that the move signals a serious commitment to reshaping the regulatory environment to encourage investment and economic development.
The removal of Bokkerink, a former senior partner at Boston Consulting Group, comes as the government continues to focus on attracting international investment, with key figures like Reeves and Reynolds attending the World Economic Forum in Davos to further this goal. The government’s efforts to reshape regulatory culture align with its broader strategy to make economic growth the country’s top priority.
India’s National Human Rights Commission (NHRC) has rebuked labour officials for inadequately investigating claims of employment discrimination at Foxconn’s iPhone manufacturing plant in Tamil Nadu. The commission called for a thorough re-examination after a Reuters investigation revealed that Foxconn systematically excluded married women from assembly line jobs, relaxing the rule only during high-production periods.
Labour officials, who visited the Foxconn plant in July, reported that 6.7% of its 33,360 female workers were married but failed to confirm whether they worked on the assembly line. Federal investigators also relied on employee testimonies, finding no wage or promotion bias but neglected to scrutinise recruitment records. The NHRC criticised these findings as superficial, stating they failed to address the alleged discriminatory hiring practices effectively.
Foxconn and Apple, both key players in India‘s electronics manufacturing push, did not respond to inquiries about the NHRC’s concerns. While Foxconn previously instructed recruiters to remove discriminatory job criteria, the NHRC has ordered a fresh investigation into the matter. The statutory body, which holds civil court-like authority, continues to push for accountability in safeguarding workers’ rights.
ByteDance, the Chinese tech giant behind TikTok, has allocated over 150 billion yuan ($20.64 billion) for capital expenditure this year, with a significant focus on AI, according to sources familiar with the matter. About half of the investment will support overseas AI infrastructure, including data centres and networking equipment. Beneficiaries of this spending are expected to include chipmakers Huawei, Cambricon, and US supplier Nvidia, although ByteDance has denied the accuracy of the claims.
The investment aims to solidify ByteDance’s AI leadership in China, where it has launched over 15 standalone AI applications, such as the popular chatbot Doubao, which boasts 75 million monthly active users. Its international counterparts include apps like Cici and Dreamina, reflecting ByteDance’s strategy to adapt its AI offerings globally. The company also recently updated its flagship AI model, Doubao, to rival reasoning models like those developed by Microsoft-backed OpenAI.
ByteDance’s international spending aligns with its efforts to expand AI capabilities abroad amid challenges like the uncertain future of TikTok in the United States. While ByteDance’s $20 billion plan is substantial, it remains modest compared to the AI investments of US tech giants like Google and Microsoft, which spent $50 billion and $55.7 billion respectively on AI infrastructure in the past year. The spending will also bolster ByteDance’s partnerships with suppliers such as Nvidia, from which it has procured custom AI chips tailored to China despite US export restrictions.
OpenAI has told an Indian court that removing training data used for its ChatGPT service would conflict with its legal obligations in the United States. The company, backed by Microsoft, is defending a copyright lawsuit filed by Indian news agency ANI, which accuses OpenAI of using its content without permission and demands the deletion of ANI’s data from ChatGPT’s memory.
In a January 10 filing, OpenAI argued that Indian courts lack jurisdiction as the company has no physical presence or data servers in India. It also emphasised its legal obligation in the US to preserve training data while litigation is ongoing. OpenAI denied wrongdoing, asserting its systems make fair use of publicly available data, a stance it has maintained in similar copyright disputes globally.
ANI insists the Delhi court has the authority to rule on the case, citing concerns over unfair competition and alleging that ChatGPT reproduces its content verbatim. OpenAI, however, countered that ANI manipulated prompts to elicit such responses. The court is set to hear the case on January 28, marking a key moment in India’s scrutiny of AI and copyright law.
Britain’s Competition and Markets Authority (CMA) has opened an investigation into the dominance of Apple and Google in the smartphone ecosystem. The probe will examine their operating systems, app stores, and browsers to determine whether their ‘strategic market status’ stifles competition and innovation, particularly for businesses developing content and services.
CMA Chief Executive Sarah Cardell emphasised the potential for more competitive mobile ecosystems to drive innovation and boost economic growth in the UK. Both Apple and Google defended their practices, with Apple highlighting its ecosystem’s support for jobs in Britain and Google pointing to Android’s openness as a driver of choice and affordability.
The investigation, the CMA’s second under new regulatory powers, will explore whether Apple and Google are leveraging their dominance unfairly by prioritising their apps and services or imposing restrictive terms on developers. A conclusion is expected by October 22, 2025, as Britain continues to tighten its oversight of major tech companies.
Meta Platforms, the parent company of Facebook and Instagram, is once again under fire by the European Consumer Organisation (BEUC) over its ad-free subscription service. Introduced in 2023, the fee-based option offered European users the ability to opt out of personalised ads, with a subsequent price cut of 40% implemented later that year. However, BEUC claims these changes are merely superficial and fail to address deeper concerns about fairness and compliance with EU consumer and privacy laws.
BEUC’s Director General, Agustin Reyna, criticised Meta for not providing users with a fair choice, alleging that the company still pressures users into accepting its behavioural advertising system. Reyna called on consumer protection authorities and the European Commission to investigate Meta’s practices urgently, emphasising the need for decisive action to safeguard users’ rights. The consumer group also accused Meta of misleading practices, unclear terms, and failing to minimise data collection while restricting services for users who decline data processing.
In response, a Meta spokesperson defended the company’s approach, arguing that its November 2023 updates go beyond EU regulatory requirements. Despite these assurances, EU antitrust regulators have raised concerns, accusing Meta of breaching the Digital Markets Act. They claim the ad-free service forces users into a binary choice, sparking broader concerns about how the tech giant balances profit with consumer protection.
As pressure mounts, Meta faces growing scrutiny over its compliance with EU laws, with regulators weighing potential measures to address BEUC’s allegations and ensure fair treatment for European users.
Robinhood Crypto has officially launched in Spain, enabling users to trade, stake, and invest in cryptocurrencies directly on the platform. The move is part of Robinhood’s broader strategy to expand its presence across the European Union, which has recently introduced clear regulations under the Markets in Crypto-Assets framework.
Since beginning its European expansion in late 2023, Robinhood has gradually rolled out services in several countries, including Italy, Poland, and Lithuania, with tailored features for each market. In October 2024, the platform added crypto transfer capabilities in Europe, allowing users to deposit and withdraw over 24 tokens, one of the region’s most requested features.
To further encourage adoption, Robinhood is offering a limited-time 1% reward on crypto deposits for new users in Spain, helping to attract more participants to the platform.
The US Securities and Exchange Commission has formed a task force to establish clearer regulations for cryptocurrencies. This move, led by acting Chair Mark Uyeda and Commissioner Hester Peirce, signals a shift towards a more collaborative and transparent approach under President Trump’s administration. The task force aims to define clear regulatory boundaries, streamline registration processes, and ensure balanced enforcement measures.
President Trump, embracing his role as a ‘crypto president’, plans to reverse the strict oversight implemented by the previous administration. Industry leaders have long criticised past SEC actions as unclear and overly punitive, urging the need for comprehensive rules tailored to digital assets. The initiative reflects Trump’s broader strategy to promote digital currency adoption and reduce regulatory hurdles.
Executives from companies such as Kraken and Coinbase have welcomed the development as a positive step towards resolving regulatory ambiguity. They expressed optimism that the task force’s efforts could end the era of enforcement-led governance and foster constructive policy-making. Bitcoin surged to an all-time high, reflecting investor enthusiasm for the administration’s crypto-friendly stance.
The task force also aims to support lawmakers in crafting new crypto legislation and coordinate with agencies like the Commodity Futures Trading Commission. Its collaboration is expected to extend beyond US borders, ensuring that policies align with global regulatory standards.
SoftBank CEO Masayoshi Son’s decision to partner with OpenAI and Oracle on a $500 billion AI venture, Stargate, showcases his bold, headline-grabbing approach to dealing with the Trump administration. The project, announced at the White House alongside President Donald Trump, promises to build AI infrastructure in the US and marks a significant part of Son’s earlier $100 billion investment pledge. SoftBank shares surged 11% following the news, reflecting investor confidence in the group’s aggressive strategy.
However, analysts argue that Son’s methods, rooted in rapid decision-making and high-risk bets, are difficult for traditional Japanese corporations to replicate. Japan Inc’s emphasis on long-term planning contrasts sharply with Son’s willingness to embrace Trump’s pro-investment stance to navigate potential tariffs and trade pressures. The reluctance of other Japanese executives to engage directly with Trump highlights a broader struggle to adapt in a politically charged environment.
Son’s flashy investments draw comparisons to his previous $50 billion pledge during Trump’s first term and underscore his vision for AI as a transformative technology. While his moves are reestablishing SoftBank as a global player after setbacks like WeWork’s collapse, questions remain about how the Stargate project will be funded and whether traditional Japanese companies can adapt their strategies to find similar success in Trump’s America.
Microsoft announced changes to its longstanding agreement with OpenAI following the AI leader’s new partnership with Oracle and SoftBank on a $500 billion AI data centre project, Stargate. The joint venture, unveiled by President Donald Trump at the White House, aims to solidify US leadership in AI, leveraging Nvidia chips and other cutting-edge technologies.
While Microsoft retains exclusive rights to OpenAI’s APIs, the amendments now allow OpenAI to build additional capacity outside of Microsoft’s infrastructure. This paves the way for Oracle’s involvement in Stargate, which will operate as a separate entity with governance rights shared among founding members and external investors like UAE’s MGX. SoftBank CEO Masayoshi Son will chair the venture’s board.
Despite this shift, Microsoft remains a central technology partner, continuing to benefit from revenue-sharing agreements with OpenAI and maintaining exclusivity over key offerings through its Azure cloud service. “The key elements of our partnership remain intact through 2030,” Microsoft said, reaffirming its commitment to OpenAI’s long-term growth.
Oracle and OpenAI have not commented on Microsoft’s statements, but the partnership underscores the strategic realignments shaping the future of AI infrastructure in the US.
