Latest Platform News
Read the latest platform economy news and important industry commentary from the editorial team at Platform Executive and our global content partners, including Thomson Reuters.
Tech CEO’s to defend key law in front of US Senate panel
The CEO’s of Twitter, Facebook and Alphabet will inform US lawmakers in a hearing on Wednesday that a federal law protecting internet companies is essential to free expressio...
Microsoft beats sales estimates as Azure growth ticks upward
Microsoft beat Wall Street estimates for annual revenue and profit yesterday, driven by a slight uptick in expansion in its flagship cloud computing firm since the software maker c...
First day of Facebook moratorium on new US political ads marked by glitches
The first day of Facebook’s effort to stop fresh political advertising being introduced at the last stretch of US election campaigning has been indicated by complaints that t...
Huawei lawyers ask Canadian police why no ‘alarm bells’ rang during CFO’s arrest
Huawei Technologies attorneys resumed witness testimony in a Vancouver court, asking why facets of CFO Meng Wanzhou’s arrest failed to set off “alarm bells” to th...
Facebook says suspected hackers behind US election threats operated in 2019
Iranian hackers suspected of exposing threatening messages to US voters weekly and spreading false information regarding compromised election systems conducted a disinformation cam...
Big Tech earnings approach under antitrust cloud
Apple, Alphabet, Amazon and Facebook, together accounting for about a fifth of their S&P 500’s total value, report their quarterly results on Thursday, with their stocks ...
Shopify to partner with TikTok in bid to woo more merchants to site
Canadian e-commerce firm Shopify said it will associate with TikTok to help its one million-plus merchants more easily advertise their goods on the brand new app, as it seems to gr...
Facebook’s top India lobbyist Ankhi Das quits after content row
Facebook’s leading India lobbyist Ankhi Das has stopped, months after a newspaper report indicated the way the social media network regulated political content in its main ma...
FCC votes to maintain 2017 repeal of net neutrality rules
The US Federal Communications Commission voted 3-2 on Tuesday to maintain its 2017 repeal of Obama-era net neutrality rules, even after a federal court led a review of some provisi...
Twitter flags Trump tweet on mail-in ballots over ‘disputed’ content
Twitter yesterday again flagged a tweet by US President Donald J Trump about mail-in ballots, including a disclaimer describing the article’s content as “disputed”...
Appeals court in the US rejects immediate WeChat ban
A US appeals court has rejected a Justice Department request it allow the authorities to immediately ban Apple and also Google from offering WeChat for downloading from US app stor...
Ant Group to close Hong Kong institutional book early amid ‘overwhelming’ demand for IPO
Ant Group will close institutional order publications of the Hong Kong part of its record-setting double IPO ahead of schedule as a result of strong demand, sources with direct kno...
How Samsung’s ownership may change as heirs take over
South Korea’s strong Lee household faces a struggle to keep control of Samsung Group, the nation’s largest conglomerate, after the death of patriarch and group Chairman...
African money transfer firms thrive as pandemic spurs online remittances
Having fled an economic implosion in his native Zimbabwe, Brighton Takawira was able to provide for his mum back home with small earnings by a small perfume business he set up in S...