Apple
The $29 billion deal in 11 weeks: how Square bought Afterpay
Jack Dorsey introduced the world to expressing itself in just 140 characters as the creator of Twitter Inc, and his payments company, Square Inc, also likes getting straight to the...
LinkedIn allows employees to work fully remote, removes in-office expectation
LinkedIn will allow employees to opt for full-time remote work or a hybrid option as offices gradually reopen, Chief People Officer Teuila Hanson told journalists at our partner ne...
From Facebook to Twitter, Big Tech sees social commerce driving sales growth
Led by Facebook, social media platforms from YouTube to Snap and Twitter are investing heavily in shopping features to drive revenue growth, a major theme that emerged during secon...
Spotify quarterly revenue beats on paid users, ad rebound
Spotify Technology SA beat Wall Street estimates for second-quarter revenue, as the Swedish music streaming company reported a 20% jump in paid subscribers for its premium service ...
Facebook’s slowdown warning hangs over strong ad sales,
Facebook Inc has said it expects revenue growth to “decelerate significantly,” sending the social media giant’s shares down 3.5% in extended trading even as it re...
Apple says chip shortage reaches iPhone, growth forecast slows
Apple Inc has said that a global chip shortage that has bit into its ability to sell Macs and iPads will start to affect iPhone production and forecasted slowing revenue growth, se...
Google and Facebook set to squash initial iOS fears, show big revenue jump
Wall Street expects Alphabet and Facebook to report a surge in digital ad sales this week after smaller rivals showed soaring demand, bolstering expectations that the impact of App...
Pressure on Big Tech builds as Biden picks another critic for Justice post
Joe Biden nominated lawyer and Google critic Jonathan Kanter as the Justice Department’s antitrust chief in the latest sign the White House is determined to rein in the world...
How Big Tech is faring against US lawsuits and probes
Big Tech platforms Google and Facebook were hit with a series of antitrust lawsuits by the US federal government and states on charges they are operating monopolies and abusing the...
Amazon says FTC should take new chair off its cases
Amazon.com filed a petition asking for Federal Trade Commission (FTC) Chair Lina Khan to be recused on antitrust matters related to the online retail giant, according to documents ...
Big Tech wins two battles in fight with US antitrust enforcers
Facebook Inc won two big fights with antitrust enforcers – and joined the $1 trillion club for market capitalization – as a federal judge threw out two lawsuits against...
White House order pushes antitrust enforcement throughout US economy
The Biden-Harris White House is working on an antitrust executive order that aims to push government agencies to consider how their decisions will impact competition in an industry...
US panel votes yes on ‘break ’em up’ antitrust bill
The US House of Representatives Judiciary Committee voted to require Big Tech platforms to choose between running a platform and competing on it, wrapping up two days of votes that...
French court sets date in Apple case over App Store developer contracts
A French court has set on the 17th of September as the date for hearing a case brought by the finance ministry against Apple over allegedly abusive contractual terms imposed by the...