Big Tech
Analysis: Amazon defies break-up wave sweeping conglomerates
Amazon.com Inc has become the poster child of technology giants bucking the trend of major conglomerates breaking up, thanks to bright growth prospects shielding it from pressure t...
Growth stocks still not cheap, cautions JPMorgan
Tech-dominated “growth” stocks are still not cheap despite some sharp falls over the last six months, analysts at US investment bank JPMorgan has cautioned.
Two US Big Tech antitrust bills backed by publisher trade group
A group representing publishers such as News Corp and National Public Radio wrote to leaders of the Senate Judiciary Committee to back two bills targeting Big Tech, including one t...
EU and tech giants boost cooperation on fighting online hate
European justice ministers and tech giants Google’s and Meta have agreed that a clear legal framework was needed to step up cooperation against online hate, France’s ju...
UK politicians: ‘Big Tech’ should reimburse victims of online scams
Big tech companies whose online platforms carry advertisements for scams should be made to reimburse victims, British lawmakers said, as part of wider efforts to combat a growing e...
Google asks judge to dismiss most of Texas antitrust lawsuit
Google has asked a federal judge to dismiss the majority of an antitrust lawsuit filed by Texas and other states that accused the search giant of abusing its dominance of the onlin...
White House meets SME’s to discuss competition in tech sector
White House officials met with small and mid-sized companies to discuss competition issues in the tech sector, as momentum grows in the US Congress to rein in large technology comp...
UK regulator shows assertive posture in blocking Facebook purchase of Giphy
The UK’s move to block Facebook-owner Meta Platform Inc’s acquisition of Giphy signalled a new determination to scrutinise digital deals.
EU Parliament backs tough new rules to rein in US tech titans
EU lawmakers have voted to beef up draft rules to rein in US tech giants, including extending the scope to their retailing activities and to their business users outside Europe, as...
How Big Tech is faring against US lawsuits and probes
Big Tech platforms Meta Platforms and Google have been hit with a series of antitrust lawsuits by the US federal government and states on charges they are operating monopolies and ...
Facebook asks court to dismiss US FTC antitrust lawsuit for good
Meta Platforms Inc’s Facebook asked a US court to dismiss and not allow the refiling of an antitrust lawsuit by the US Federal Trade Commission which urges a court to demand ...
EU countries agree on common stance on new rules for US tech giants
EU countries have now agreed on a common position on new rules to curb the power of US tech giants and force them to do more to police their platforms for illegal content.
EU rules aim for more transparency in targeted political ads
US tech giants will have to provide more data on their targeted political ads or risk fines up to 4% of their global turnover under draft EU rules seen by journalists, part of the ...
US warns against IP, trade secret risks in draft EU tech rules
Draft landmark EU rules requiring US tech giants to share information with rivals could put at risk companies’ intellectual property and trade secrets, the United States gove...
NBCUniversal to launch livestream shopping, following Big Tech’s lead
NBCUniversal is making its livestream shopping debut with a show on Instagram and other platforms during the holiday season, allowing viewers to buy clothing, home decor and other ...