Indian Government Warns Amazon and Flipkart over Country of Origin Rule

The Indian government formally warned Walmart’s Flipkart and Amazon on Monday morning that sellers on their platforms are not complying with a rule that requires a product’s country of origin to be specified.

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Japanese Government Joins Europe and the Trump Administration in Regulating Tech Giants

Chairman of Japan’s Fair Trade Commission Kazuyuki Furuya said during a Monday press conference in Tokyo that the Japanese government will join forces with Europe and the Trump administration to take on any market abuses by the four Big Tech firms.

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Toshiba Aims to Create $3 Billion Revenue in Quantum Cryptography

Toshiba announced on Monday morning that it is aiming to create $3 billion in revenue from its advanced cryptographic technology for data protection by the year 2030, as the Japanese giant scrambles to find future growth drivers.

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Stock Market Jumps in Pre-Market Trading Hours

The US stock market jumped on Monday’s pre-market trading hours as investors in the United States and all over the world hoped for a stimulus deal from Washington. The Dow Jones e rose 200 points, indicating a more than 100-point gain at the open, while the S&P 500 and Nasdaq 100 futures also traded in positive territory.

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