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.

Platform News: Apple logo on a retail store window

Apple could raise annual ad income to $11 billion by 2025: JPMorgan

(Reuters) – The launch of Apple TV+, coupled with Apple Inc’s foray into digital services, could help the company increase its income from advertising by more than five...

Apple Mobile Payments

Apple warns of risks from German law to open up mobile payments

BERLIN (Reuters) – Apple said on Friday moves in Germany to force it to open up its Apple Pay mobile payments system to rivals could hurt data protection and the security of ...

Platform News: Google search engine

U.S. Congress seeks answers on patient privacy in Google, Ascension cloud deal

SAN FRANCISCO (Reuters) – Four Democratic leaders on the U.S. House of Representatives Energy and Commerce committee on Monday wrote Alphabet Inc’s Google and Ascension...

Platform News: Huawei Technologies

U.S. grants Huawei new 90-day licence extension

WASHINGTON (Reuters) – The Trump administration on Monday issued a new 90-day extension allowing U.S. companies to continue doing business with China’s Huawei Technolog...

Platform News: Amazon Prime Streaming 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...

Line SoftBank

SoftBank to create $30 billion tech giant via Yahoo Japan, Line Corp deal

TOKYO (Reuters) – SoftBank Corp plans to merge internet subsidiary Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech group, as it strives to comp...

Smartphone Apps News: ByteDance and TikTok

ByteDance CEO urges TikTok diversification as U.S. pressure mounts: internal note

BEIJING (Reuters) – The founder and CEO of TikTok owner ByteDance will focus on adding users of the popular video app in countries outside of its strongest markets, according...

MSFT

Microsoft updates terms on data privacy amid EU probe

BRUSSELS (Reuters) – Microsoft said on Monday it was updating the privacy provisions of its commercial cloud contracts after European regulators found its deals with European...

Interpol

Exclusive: Interpol plans to condemn encryption spread, citing predators, sources say

SAN FRANCISCO (Reuters) – The international police organisation Interpol plans to condemn the spread of strong encryption in a statement Monday saying it protects child sex p...

Platform Economy: TikTok smartphone app

TikTok owner ByteDance plans to launch music streaming – FT

Reuters – TikTok owner Beijing ByteDance Technology Co Ltd is in talks with big music labels – Universal Music, Sony Music and Warner Music – for global licensing...

Moscow Skyline

Russia’s Sberbank, Mail.Ru to invest $1 billion in online food, taxi venture

MOSCOW (Reuters) – Russian internet company Mail.Ru and state lender Sberbank have finalised the terms of a joint food and taxi platform and plan to invest 64.6 billion roubl...

Japan e-Money

Nearly 20% of Japan households using e-money but cash still king

TOKYO (Reuters) – Almost a fifth of Japanese households use electronic money for small purchases, a survey by a central bank-affilated research institute showed, up from a ye...