A group of small tech companies this week will launch an advertising campaign urging lawmakers to pass landmark legislation that would diminish the power of the country’s largest internet giants. The small companies, which compete with Alphabet Inc.’s Google, Amazon.com Inc., Apple Inc. and Meta Platforms Inc., are hoping to push Congress to pass the […]
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A number of employees who are part of Apple’s search team have reportedly left the company to join Google in a setback to the former’s ambitions to develop a search engine that rivals the latter. According to a report by The Information, the employees who had left were founders of the company Laserlike, which Apple […]
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Britain’s competition regulator ordered Facebook-owner Meta to sell animated-images platform Giphy on Tuesday after its view that the acquisition reduced innovation in the advertising market was upheld by a tribunal in the summer. Meta said it would accept the Competition and Markets Authority’s (CMA) order to unwind the 2020 deal. “We are disappointed by the […]
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The Railways has floated a tender to hire a consultant to monetise its passenger and freight customer data with the aim to generate revenue up to Rs 1,000 crore, but sources said it may be withdrawn amid concerns over privacy issues. While many on social media, including advocacy groups have raised concerns over violation of […]
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Xiaomi continues to lead the shipment race in India, but was the only vendor among the top ten companies with declining shipments of 28 per cent in the second quarter of 2022, according to results published by International Data Corporation (IDC). According to IDC’s report, 35 million smartphones were shipped to India starting April to […]
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Meta is expected to record its first-ever revenue drop in its history as a public company, down 0.4% to about $29 billion Meta is expected to record its first-ever revenue drop in its history as a public company, down 0.4% to about $29 billion Meta’s future may lie in the metaverse, but when the company […]
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The settlement covers customers who bought MacBook, MacBook Air and most MacBook Pro models between 2015 and 2019 in seven U.S. states The settlement covers customers who bought MacBook, MacBook Air and most MacBook Pro models between 2015 and 2019 in seven U.S. states Apple Inc agreed to pay $50 million to settle a class-action […]
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The Competition Appeals Tribunal said it had quashed the CMA’s ruling and referred the matter back for a new decision The Competition Appeals Tribunal said it had quashed the CMA’s ruling and referred the matter back for a new decision Britain’s competition regulator said on Monday it would carry out another review of Facebook owner […]
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SoftBank’s billionaire founder, Masayoshi Son, had told shareholders in June that he was in favour of a U.S. listing SoftBank’s billionaire founder, Masayoshi Son, had told shareholders in June that he was in favour of a U.S. listing SoftBank has put on hold plans for a London initial public offering of the British chip technology […]
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The plaintiff said Apple’s anticompetitive conduct forces the more than 4,000 banks and credit unions that use Apple Pay to pay at least $1 billion of excess fees annually for the privilege The plaintiff said Apple’s anticompetitive conduct forces the more than 4,000 banks and credit unions that use Apple Pay to pay at least […]
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