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Asia stocks advance, tech giants rally after Fed report

Asian stocks mostly rose Thursday after the Federal Reserve kept its accommodative monetary policies and signaled that economic recovery was on track. Chinese technology giants led the way, as authorities moved to soothe jitters over anti-monopoly and data security enforcement against the industry. Tokyo’s Nikkei 225 gained 0.4% to 27,687.28, while the Kospi in South […]

Toyota revs up its digital mapping subsidiary Woven Planet

Toyota plans to hire more people and invest heavily in its subsidiary Woven Planet to work on mobility technology so the Japanese automaker stays competitive amid the global shift to using artificial intelligence and robotics in everyday driving. “Toyota’s traditional strength in hardware is something we never want to lose. To make safe mobility we […]

Trump files suit against Facebook, Twitter and YouTube

Former President Donald Trump has filed a suit against three of the country’s biggest tech companies, claiming he and other conservatives have been wrongfully censored. But legal experts say the suits are likely doomed to fail, given existing precedent and legal protections. Trump announced the action against Facebook, Twitter and Google’s YouTube, along with the […]

Judge dismisses gov't antitrust lawsuits against Facebook

A federal judge on Monday dismissed antitrust lawsuits brought against Facebook by the Federal Trade Commission and a coalition of state attorneys general, dealing a significant blow to attempts by regulators to rein in tech giants. U.S. District Judge James Boasberg ruled Monday that the lawsuits were “legally insufficient” and didn’t provide enough evidence to […]

Google delays phase out of tracking tech by nearly 2 years

Google will delay by nearly two years the phase out of Chrome web browser technology that tracks users for ad purposes, saying that it needs more time to develop a replacement system. The tech giant on Thursday moved its deadline to remove so-called third-party cookies to late 2023 rather than January 2022 as was initially […]

EU's Google ad tech probe part of bloc's antitrust crackdown

The European Union’s move on Tuesday to investigate Google over alleged antitrust behavior in the digital ad tech sector is the bloc’s latest crackdown on U.S. tech giants. Here’s a look at enforcement actions taken by the EU’s competition commissioner, Margrethe Vestager, in recent years, as well as actions by U.S. antitrust regulators and states. […]

UK watchdog examines Apple-Google mobile system control

U.K. competition regulators are looking into Apple and Google smartphone operating systems, app stores and browsers, over concern that the control of “mobile ecosystems” by the two tech giants is harming consumers. The Competition and Markets Authority on Tuesday opened a market study of Apple’s iOS, App Store and Safari browser and Google’s Android, Play […]

Google pledges to resolve ad privacy probe with UK watchdog

Google has promised to give U.K. regulators a role overseeing its plan to phase out existing ad-tracking technology from its Chrome browser as part of a competition investigation into the tech giant. The U.K. competition watchdog has been investigating Google’s proposals to remove so-called third-party cookies over concerns they would undermine digital ad competition and […]

France fines Google for abusing 'dominant' ads position

Google is being fined 220 million euros ($268 million) by France’s antitrust watchdog for abusing its ‘dominant’ position in online advertising. The search engine giant is also promising to overhaul the way its platform is used for buying and selling digital ads, at least in France, which could have repercussions on its ongoing legal fights […]