Online Marketplace News

The latest news coverage of product and service marketplaces, ranging from broad and specialist e-commerce platforms through to classifieds and beyond.

Amazon Prime Music

Amazon offers ad-supported free music streaming service

(Reuters) – Amazon.com Inc said on Monday it has introduced an ad-supported free version of its music streaming service Amazon Music, taking on rival Spotify Technology which...

FTC Investigation

FTC chief says has ‘multiple’ investigations of tech platforms

WASHINGTON (Reuters) – The chairman of the Federal Trade Commission said on Monday that his agency had multiple investigations of tech platforms, in addition to its known pro...

Alibaba’s books close early in $13.4 billion Hong Kong listing: sources

HONG KONG (Reuters) – Alibaba will close its order books early to prospective institutional investors as part of its $13.4 billion secondary listing in Hong Kong, according t...

Alibaba

Explainer: Why is Alibaba listing in Hong Kong?

HONG KONG (Reuters) – Chinese e-commerce giant Alibaba is set to price its first share sale in Hong Kong next week, raising up to $13.4 billion in what will be the largest de...

Pentagon Contact

US defence chief rejects Amazon’s accusations of bias in cloud contract

SEOUL (Reuters) – US Defence Secretary Mark Esper on Friday rejected any suggestion of bias in a Pentagon decision to award Microsoft Corp an up to $10 billion cloud computin...

Amazon

Amazon challenges Pentagon’s $10-billion cloud award to Microsoft

WASHINGTON (Reuters) – Amazon.com Inc on Thursday said it is contesting the Pentagon’s award of an up to $10 billion cloud computing deal to Microsoft Corp, expressing ...

Big Tech

Where US presidential candidates stand on breaking up Big Tech

Reuters – In the run-up to the 2020 presidential election, America’s big tech companies are being challenged on many fronts from across the political spectrum, from ant...

Quantum Computing

Samsung, UAE funds lead $55 million investment in quantum computing startup

Reuters – US quantum computing startup IonQ said on Tuesday it raised $55 million in a funding round that was led by venture funds backed by Samsung Electronics and the gover...

Facial Recognition

Twitter wants your feedback on its deepfake policy plans

Reuters – Social media platform Twitter on Monday unveiled its plan for handling deepfake videos and other manipulated media, and called for feedback from the public.

Line SoftBank

SoftBank’s Yahoo Japan confirms merger talks with Line, shares jump

TOKYO (Reuters) – SoftBank’s Yahoo Japan, one of Japan’s top internet firms, confirmed it is in talks to merge with Line Corp, a $27 billion union that would brin...

Streaming

British broadcasters join up for new BritBox streaming service

LONDON (Reuters) – A streaming service created by British broadcasters ITV and the BBC and went live on Thursday, entering a market dominated by Netflix and Amazon with a £5....

Social media

Two plead guilty in conspiracy involving Uber, LinkedIn, others – U.S. Justice Dept

WASHINGTON (Reuters) – Two hackers pleaded guilty in federal court on Wednesday for a conspiracy to extract bounties from Uber Technologies Inc, LinkedIn and other corporatio...

Google’s search for sales in cloud, hardware clip Alphabet profit

Reuters – Google parent Alphabet Inc reported quarterly results on Monday that show costs continue to rise faster than revenue as the web search leader seeks to broaden its b...