Apple’s best revenue growth in three years failed to impress, with shares down about 1% in volatile trading on Friday, as investors questioned whether a tariff-driven surge in iPhone sales would last. ARTICLE CONTINUES BELOW VIDEO A rush to buy iPhones ahead of potential U.S. tariff-driven price increases, along with China subsidies and upbeat demand […]
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The European Commission does not think that imposing a network fee on Big Tech companies is a viable solution to the debate over who should fund the rollout of 5G and broadband, a spokesman for the EU executive said on Thursday. The issue pits Deutsche Telekom, Orange , Telefonica and Telecom Italia against Alphabet’s Google, […]
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Big Tech is spending more than ever on artificial intelligence – but the returns are rising too, and investors are buying in. AI played a bigger role in driving demand across internet search, digital advertising and cloud computing in the April-June quarter, powering revenue growth at technology giants Microsoft, Meta, Amazon and Alphabet . Betting […]
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The European Commission will not ask Alphabet, Amazon, Apple , ByteDance, Meta Platforms and Microsoft to pay the cost of monitoring their compliance with a new digital law, the EU tech chief said on Wednesday. Germany and European Parliament lawmakers have lobbied for a supervisory fee to be levied on Big Tech to help EU […]
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Apple’s changes to its App Store rules and fees will likely secure the green light from EU antitrust regulators, people with direct knowledge of the matter said, a move that would stave off potentially hefty daily fines for the iPhone maker. The company last month said developers will pay a 20% processing fee for purchases […]
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Alphabet’s Google said it failed this week to resolve disagreements with hotels, airlines and specialised search services such as Skyscanner over how it presents search results, putting it at risk of a hefty European Union antitrust fine. At a July 7-8 workshop organised by the European Commission, the U.S. tech giant briefed critics on its […]
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Amazon asked Europe’s second-highest court on Thursday to scrap its designation as a platform subject to stricter requirements under landmark EU online content rules, arguing that it poses no systematic risks to its users. The Digital Services Act, which came into force in 2022, requires Big Tech companies to do more to tackle illegal and […]
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The debate over whether the use of artificial intelligence tools is leading to fewer roles for software engineers and coders has been ongoing for over a year. While some initially argued that AI would augment the average worker’s efficiency rather than replace them, it seems the latter is becoming a reality—at least in big tech. […]
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The debate over whether the use of artificial intelligence tools is leading to fewer roles for software engineers and coders has been ongoing for over a year. While some initially argued that AI would augment the average worker’s efficiency rather than replace them, it seems the latter is becoming a reality—at least in big tech. […]
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A historic antitrust trial began Monday for Meta Platforms Inc. in a case that could force the tech giant to break off Instagram and WhatsApp, startups it bought more than a decade ago that have since grown into social media powerhouses. The trial is bringing Meta CEO Mark Zuckerberg into federal court in Washington to testify. In […]
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