NEW YORK (AP) — State officials in California and Washington are reviewing Amazon’s business practices to determine whether the company is violating any laws with respect to the independent merchants that sell goods on its site, according to published reports. The Wall Street Journal reported Friday that California is examining the retail giant’s business practices, […]
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“We have even put that data out of our own reach- because we believe the contents of your iPhone are none of our business,” said Apple in a statement released in 2016. The company, that has been refusing orders from the Federal Bureau of Investigation (FBI) to unlock devices seems to be in a pickle. […]
By MARCY GORDON AP Business Writer WASHINGTON (AP) — House lawmakers investigating the market dominance of Big Tech are asking Amazon CEO Jeff Bezos to testify to address possible misleading statements by the company on its competition practices. In a letter to Bezos on Friday, leaders of the House Judiciary Committee from both parties are […]
Consumer IoT vendors are looking for growth in the markets disrupted by the COVID-19 pandemic. It is forecast that shipments of wearable bands, smart speakers and smart personal audio devices will grow by 9.8% to reach 718 million units in 2020, as more people purchase devices that provide entertainment and help fulfil professional obligations as […]
By JOE McDONALD AP Business Writer BEIJING (AP) — Huawei’s chairman warned Tuesday that more U.S. moves to increase pressure on the Chinese tech giant might trigger retaliation by Beijing that could damage its worldwide industry. Huawei Technologies Ltd., which makes smartphones and network equipment, reported that its 2019 sales rose by double digits despite […]
Manufacturers across the globe are not only working to protect their workforce and communities but are also contending with the full range of effects to their supply chains, to their operations and the economy at large. Supply chain analytics provider TrendForce has issued a report assessing the likely impact of the Coronavirus outbreak on companies involved in […]
We have for some time, been able to listen to experience music anywhere we want. This could be at work, home or running along to your favorite tracks on the beach. Granted, 30 years ago you’d have had the weight and bulkiness of a Sony cassette Walkman, but today we live in the era of […]
The Internet of Things (IoT) is fueling the transformation for enterprises, consumers, and governments. Emerging and evolving tools and technologies such as smart speakers, machine learning, and 5G are ensuring increased efficiency and more control within the home and in places of work. The continued growth and development of the Internet of Things (IoT) industry […]
By MATT O’BRIEN AP Technology Writer The virus outbreak in China is hurting Microsoft more than expected, as the company said it won’t meet targets that had already factored in the uncertainty. In particular, Microsoft said revenue from Windows licenses and its Surface devices “are more negatively impacted than previously anticipated.” The company said demand […]
Tech giants are predicted to take up to around 40% of the $1.35 trillion in US financial services revenue from incumbent banks. Three of the largest US based, multinational tech companies — Apple, Google, and Amazon — are increasing their scope and slowing encroaching on financial services and the new era of FinTech. This is […]