News
Read the latest news and industry commentary from Platform Executive and our content partners.
German trade union calls for pre-Christmas Amazon strike
BERLIN (Reuters) – The German trade union Vereinte Dienstleistungsgewerkschaft, often shortened to ‘Verdi’ has called for workers at a key Amazon logistics centre...
Facebook, privacy activist Schrems battle nears an end
It has taken some seven years, but the battle between the Austrian privacy activist and Facebook seems to be nearing an end, when on the 17th of this month an adviser to EuropeR...
Lyft expands rental car program in San Francisco Bay Area and Los Angeles
Reuters – Lyft Inc has said that it is offering rental cars to a wider group of users across the San Francisco bay area and Los Angeles. The company first introduced a rental...
Google and Apple asked if apps like TikTok must disclose foreign ties
WASHINGTON (Reuters) – The Chairperson of a US congressional panel wrote to Alphabet’s Google and to Apple on Friday to ask what if any disclosures mobile apps are requ...
ByteDance unit establishes venture with Chinese state media firm
SHANGHAI/BEIJING (Reuters) – A business unit of ByteDance, the owner of video-sharing platform TikTok, has established a joint venture with a Chinese state media group, offic...
SoftBank’s China strategy wobbles as key bets disappoint
HONG KONG/BEIJING (Reuters) – For Tokyo, Japan-based SoftBank Group Inc, the financial technology firm OneConnect’s IPO should have been a vindication of an aggressive ...
Just Eat caught up in GBP 5 billion festive food fight
AMSTERDAM/LONDON (Reuters) – The battle for Britain’s Just Eat, which pits investment giant Prosus against Dutch food ordering service Takeaway.com, is set to roll on t...
US regulator weighs action against Facebook over how its apps interact: WSJ
Reuters – The US Federal Trade Commission (FTC) is considering asking a court to stop Facebook from moving ahead with plans to integrate its WhatsApp, Instagram and Messenger...
Australia tells Facebook and Google to commit to competition rules
SYDNEY (Reuters) – The Australia government said on Thursday technology giants such as Facebook Inc and Google will have to agree to new rules to ensure they do not abuse the...
Twitter plans to build ‘decentralised standard’ for social networks
Reuters – Twitter Inc plans to set up an independent research group to create an “open and decentralised” system for social networks, CEO Jack Dorsey said on Wedn...
New York state regulator proposes new framework for crypto coin listings
Reuters – New York State’s financial regulator proposed a plan yesterday that would allow licensed virtual currency firms that have already received approval for coin l...
Disney+ mobile apps have been downloaded 22 million times since launch
More information is gradually emerging on the launch of Disney+. The new streaming service has been downloaded some 22 million times across mobile devices since launch in November,...
Amazon’s Deliveroo acquisition put in jeopardy by UK regulator’s ‘serious concerns’
LONDON (Reuters) – Amazon’s purchase of a stake in online food delivery group Deliveroo has been put in doubt by Britain’s competition regulator which said it rai...
Netflix tests cheaper annual subscription plan in India
BENGALURU (Reuters) – Netflix Inc is testing longer subscription plans in India as it looks to attract more users in a highly competitive market where smartphone and internet...