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Global Media and Communications Watch The International Legal Blog for the Tech, Media and Telecoms Industry

Tag Archives: technology

Posted in Internet, Telecoms & Broadband

Q&A with Joshua Gans, author of “The Disruption Dilemma”

Your recent book “The Disruption Dilemma” examines how disruption can destroy even the best managed corporations. The case studies in your book – the mobile phone industry disrupted by Apple, Blockbuster’s store-based video business disrupted Netflix – show that disruption is not a single phenomenon, and that there’s no single strategy for dealing with it. The case studies involving Fujifilm … Continue Reading

Posted in e-commerce, Policy & Regulation, Technology Emily Reid

Webinar recording – UK PSD2 implementation

HM Treasury published a consultation paper and draft Payment Services Regulations 2017 for a short 6 week consultation period ending on 16 March 2017.

The consultation paper states that the Government aims to finalise and lay the final implementing legislation in Parliament in ‘early 2017 to provide industry with as much time as possible to adjust to any changes required’.… Continue Reading

Posted in e-commerce, Policy & Regulation, Technology

Hogan Lovells Global Payments Newsletter l January 2017

Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as sharing interesting reports and surveys on issues affecting the market.

Key developments of interest over the last month include:

  • EBA consults on guidelines on security reporting:
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Posted in Technology Winston MaxwellRichard DiffenthalLewis Cohen

Three examples of blockchain smart contracts – Internet of Things, commercial paper and daos

For thousands of years, society has recorded information in ledgers, ranging from clay tablets, books through to cloud based computer systems. Despite the advance of technology, all of these ledgers have effectively been siloed with access (or “permission”) to write and read information generally being restricted.

Blockchain is a new technology that flips the traditional model of a ledger upside … Continue Reading

Posted in Policy & Regulation, Technology Andrew McGintyNolan Shaw

Draft legislation to affect China cloud services market access

On 25 November 2016, the Ministry of Industry and Information Technology, China’s telecommunications and Internet regulator, issued a draft Circular on Regulating Business Activities in the Cloud Services Market for public comment (“Draft Circular“). The stated aims of the Draft Circular are to improve the cloud services market environment and further regulate business activities in this sector. In … Continue Reading

Posted in e-commerce, Policy & Regulation, Technology Federico Hernández Arroyo

Cryptocurrencies prompt contrasting reactions by Latin American regulators

While used by organized crime, cryptocurrencies are also becoming accepted as a legitimate payment method by mainstream sectors of the economy in Latin America. Currently, some stores, start-ups, restaurants, hotels, and other online businesses are accepting Bitcoin and other cryptocurrencies as a valid payment method. Online exchange platforms are emerging rapidly and even ATMs have been installed to carry out … Continue Reading

Posted in e-commerce, Policy & Regulation, Technology

Hogan Lovells Global Payments Newsletter l December 2016

Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as sharing interesting reports and surveys on issues affecting the market.

Key developments of interest over the last month include:

  • PSF Strategy launch: the Strategy aims to
Continue Reading
Posted in Technology Theodore J. MlynarIra Schaefer

Why Smart Contracts Will Need ‘Smart Term Sheets’ to Match

In the era of smart contracts, lawyers will still have plenty of work ensuring the devs get the code right. Many people expect that formal written contracts, and the lawyers that draft them, will be obsolete.

It is presumed that the agreed-upon term sheet will be simply given to a software developer to convert into smart contract computer code. That … Continue Reading

Posted in Policy & Regulation, Technology Mark Parsons

The shape of things to come – the HKMA and ASTRI chart a course for blockchain in Hong Kong: legal and regulatory implications

On 11 November, 2016, Hong Kong’s Applied Science and Technology Research Institute (“ASTRI“) published its “Whitepaper On Distributed Ledger Technology” (the “DLT Whitepaper“), a substantial research exercise commissioned by the Hong Kong Monetary Authority (the “HKMA“).

The DLT Whitepaper is a useful and well-informed introduction to blockchain, or distributed ledger technology (“DLT“), … Continue Reading

Posted in e-commerce, Policy & Regulation, Technology

Hogan Lovells Global Payments Newsletter l November 2016

Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as sharing interesting reports and surveys on issues affecting the market.

Key developments of interest over the last month include:

  • UK PSR policy statement on IFR guidance
Continue Reading
Posted in Internet, Telecoms & Broadband

FCC Commissioners Discuss Issues Ranging from LTE-U to Privacy and Cybersecurity

Three Commissioners from the Federal Communications Commission (“FCC”) found areas of both agreement and disagreement in a wide-ranging discussion at the CTIA Super Mobility conference last week in Las Vegas. The discussion among Commissioners Mignon Clyburn, Ajit Pai, and Michael O’Rielly, moderated by CTIA President and CEO Meredith Attwell Baker, covered LTE-U, the Internet of Things, infrastructure, free data, competition, … Continue Reading

Posted in Internet, Telecoms & Broadband

FCC Chairman Wheeler Charts Course for Successful Deployment of 5G, Calls this an Historic Era for the Wireless Industry

In his keynote speech at the CTIA Super Mobility conference in Las Vegas on September 7, 2016, Federal Communications Commission (“FCC”) Chairman Tom Wheeler said that those in the wireless industry are “not just living history,” but also “writing it.” Focusing on the next generation of wireless technology known as 5G, Chairman Wheeler’s speech addressed both 5G’s potential and the … Continue Reading

Posted in Technology Neal KatyalThomas Schmidt

Hogan Lovells Files Brief for Major Tech Companies in Microsoft Gag Order Case

Cloud computing, one of the major technological advances of the early twenty-first century, has already brought about tremendous economic and social benefits. In essence, cloud computing takes advantage of the Internet to connect users to a vast “cloud” of interlinked servers, data storage systems, and other digital devices located all over the world. Whereas the user of a computer was … Continue Reading

Posted in Policy & Regulation, Technology Julie Brill

Deirdre Mulligan, Hogan Lovells, discuss relations between tech community and government at Silicon Valley dinner

On July 25, 2016, Hogan Lovells hosted a Silicon Valley dinner as part of its 2025 dinner series. The theme of the dinner was “I’m from Mars, You’re from Venus: The Tech Community and its Future Relationship with Government”.  The discussion, moderated by Deirdre Mulligan of UC, Berkeley, focused on the tech community’s view of regulatory, law enforcement and national … Continue Reading

Posted in Technology Lewis CohenDavid Contreiras Tyler

IFLR article: Blockchain’s three capital markets innovations explained

Given the amount of ink that has been spilled on the topic over the past months, most readers will likely be familiar with the term blockchain, as code for the type of distributed ledger technology that underlies bitcoin and other similar cryptocurrencies. Some of the more technologically inclined may already have an in-depth understanding of the workings of these systems. … Continue Reading

Posted in Data Protection & Privacy, Policy & Regulation Mark Brennan

FCC Circulates Privacy Rulemaking and Announces Commission Vote

On Thursday, Federal Communications Commission (“FCC”) Chairman Tom Wheeler circulated a highly anticipated broadband data privacy and security Notice of Proposed Rulemaking (“NPRM”) to the other Commissioners, slating the proposals for a full Commission vote at the agency’s March 31 Open Meeting.  The rules would apply to internet service providers (“ISPs”), but organizations throughout the online data ecosystem will want … Continue Reading

Posted in Policy & Regulation, Telecoms & Broadband

Privacy, Security, and IoT Prominent Themes at Silicon Flatirons DBM Conference

On January 31, 2016, the Silicon Flatirons Center for Law, Technology, and Entrepreneurship at the University of Colorado hosted its annual Digital Broadband Migration Symposium.  The theme of this year’s conference was “The Evolving Industry Structure of the Digital Broadband Landscape.”  The two-day conference brought together an array of leaders from government, academia, and industry to examine the role of … Continue Reading

Posted in Policy & Regulation

The end of a golden age for China’s mobile app market?

China has finally made a move to regulate the smart mobile devices applications (Mobile Apps) industry, which has been on fire for many years but has experienced certain “growing pains” recently. This move may signal the end of the “gold rush era” for China’s Mobile App market and usher in a more orderly and regulated market environment.

On 18 November … Continue Reading

Posted in Data Protection & Privacy, Internet Peter Watts

UK Government Boosts Digital Health Initiatives for NHS England

This week the Secretary of State for Health, Jeremy Hunt, announced that the Government will be investing £4.2 billion in digital health initiatives. The investment is part of the Government’s latest drive to create a “paperless” National Health Service (NHS) by 2020.

The full details of the funding are still being agreed between the Department of Health and NHS England. … Continue Reading

Posted in e-commerce Justin TongAlly Smith

TMT2020: Instant Gratification – the Rise of Fintech and Real-time Payments in Singapore

EDITOR’S NOTE:  We are excited to present this entry in our new TMT2020 series, which reflects the key technology, media, and telecoms legal issues that are expected to impact today’s organizations and tomorrow’s marketplace.  It also provides an opportunity to highlight contributions by TMT associates across our global offices and practice areas. 

Real-time payments have become an increasingly common way … Continue Reading

Posted in Policy & Regulation Jun WeiSherry GongNolan ShawAndrew McGintyMark Parsons

China’s Counter-Terrorism Law enlists the support of Technology Providers (and just about everyone else)

On 27 December 2015, China’s National People’s Congress passed the nation’s first comprehensive law on terrorism, the People’s Republic of China Counter-Terrorism Law, which took effect on 1 January 2016.

The Counter-Terrorism Law reflects some important developments that may give some comfort to observers that their voices are being heard, without by any means removing all the concerns.

In … Continue Reading

Posted in Internet, Policy & Regulation

Hogan Lovells and Shenzhen University host legal seminar on outbound tech acquisitions

On October 23, 2015, Hogan Lovells and Shenzhen University hosted a legal seminar on the specific legal issues and challenges arising when a Chinese company “goes out” to acquire shares, assets or patent portfolios of an overseas technology company.  It was the second annual Hogan Lovells seminar on legal issues relevant to the high technology industry in Shenzhen, a reflection … Continue Reading

Posted in Data Protection & Privacy, Policy & Regulation Nolan Shaw

New cyber security rules proposed for the Chinese insurance industry

China’s insurance regulator has issued new insurance-industry technology use rules in draft form (Supervisory Rules for Adoption of Information Technology by Insurance Institutions) to replace earlier rules issued in 2009 and which build on guidelines issued in 2011.

The new draft rules come in the wake of a substantial new body of laws and draft rules in the … Continue Reading

Posted in Internet, Telecoms & Broadband Don McGownMark Jones

M&A Trends: Convergence or Consolidation in TMT?

2015 has seen a significant increase in M&A activity in the technology and telecom industries, driven by demand for the latest technology and the fastest internet connectivity. The highest numbers of M&A deals to date have been in the technology space, and together with telecom deals, their value reaches around $450 billion for this half year.

These deals, whether public … Continue Reading