Latest News

Read the latest platform economy news and important industry commentary from the team at Platform Executive and our global content partners.

Trump Cook

Trump mulls whether to exempt Apple from China tariffs

President Donald Trump was quoted on Wednesday that he was considering whether to exempt Apple Inc from tariffs on Chinese imports.

Huawei

Some Huawei suppliers get U.S. approval to restart sales to blacklisted firm

Reuters – The Trump administration on Wednesday gave Huawei its second reprieve this week, allowing some suppliers to restart sales to the Chinese telecoms giant after it was...

US Regulators

U.S. regulator proposes splitting auto safety spectrum to boost Wi-Fi

Reuters – A little-used block of spectrum set aside for auto safety should be split to accommodate the rapidly growing number of wireless devices, the chairman of the U.S. te...

PAyPal

PayPal to buy rewards platform Honey Science for $4 billion

Reuters – Payment processor PayPal said on Wednesday it would buy privately held shopping and rewards platform Honey Science Corp for about $4 billion (£3.10 billion).

Amazon

Amazon uses aggregated seller data to help business, it tells lawmakers

WASHINGTON (Reuters) – Amazon.com Inc uses “aggregated data” from sellers in its third-party marketplace to improve its overall business, the online retailer said...

Big Tech

Google, Facebook, Amazon and Apple offer defence in congressional antitrust probe

WASHINGTON/SAN FRANCISCO (Reuters) – Four top U.S. tech companies, Alphabet’s Google, Facebook, Amazon.com and Apple, responded to questions from a congressional commit...

Alibaba

Alibaba will raise up to $12.9 billion in Hong Kong listing – sources

(Reuters) – Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing, two sources with direct knowledge of the matter said.

Qualcomm

Qualcomm expects 5G phone sales to double in 2021

Reuters – Qualcomm Inc expects global smartphone makers to ship 450 million 5G handsets in 2021 and another 750 million in 2022, the world’s largest supplier of mobile ...

Google Stadia

Google enters gaming with cloud-based streaming service Stadia

Reuters – Alphabet Inc’s Google on Tuesday launched Stadia, a cloud-based service that allows users to stream games including “Assassin’s Creed Odyssey̶...

MSFT

Microsoft Teams surpasses 20 million daily active users; rival Slack shares slip

Reuters – Microsoft Corp said on Tuesday its workplace messaging app, Teams, has more than 20 million daily active users, up from 13 million users in July.

Huawei shop

Huawei plays down impact of new U.S. license extension

WASHINGTON (Reuters) – Huawei Technologies has dismissed a new 90-day extension by the Trump administration allowing U.S. firms to continue doing business with the Chinese co...

SalesForce CRM

Salesforce to use Amazon AI technology to improve call center services

Reuters – Business software provider Salesforce.com Inc said on Tuesday it would use artificial intelligence (AI) technology from Amazon.com Inc’s cloud computing unit ...

Megvii IPO

China’s Megvii seeks approval for Hong Kong IPO despite U.S. blacklist – sources

HONG KONG (Reuters) – Chinese artificial intelligence firm Megvii Technology Ltd plans to seek listing approval on Thursday for a Hong Kong IPO of at least $500 million, peop...

Toronto Smart City

Canada agency says has enough info to evaluate Alphabet ‘smart city’ plan for Toronto

TORONTO (Reuters) – Details of the technological innovations planned for a futuristic development in Toronto recently provided by Sidewalk Labs are satisfactory to evaluate t...