National data watchdogs will be able to pursue big tech firms even if they are not their lead regulators, the European Union’s top court has ruled. The Court of Justice of the European Union (ECJ) ruling opens the way for national agencies to act against US tech companies such as Google, Twitter and Apple which […]
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Technology companies helped lift stocks higher on Wall Street, nudging the S&P 500 to its third straight all-time high, even as other parts of the market faltered. A burst of buying in the final 10 minutes of trading sent the benchmark index 0.2% higher. The S&P 500 had been down 0.3% earlier amid another bout […]
Do you own an Amazon smart device? If so, odds are good that the company is already sharing your internet connection with your neighbors unless you’ve specifically told it not to. On Tuesday, the company launched a program that forces users of many Echo smart speakers and Ring security cameras to automatically share a small […]
Food security is the one thing at the center of societal stability. Our entire species would not be where it is now if not for past advancements in food production that allowed societies to shift their attention to other aspects of life like art, technology, and education. In our world with a population of around […]
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 […]
The smartphones market has witnessed major shifts in the span of merely a decade, players have shot up and disappeared, while other brands persisted based on their ability to quickly adapt to the ever-changing needs and wants of the market. Competition between smartphone brands has narrowed down to two main players: iOS and Android. And […]
The District of Columbia has sued Amazon, accusing the online retail giant of anticompetitive practices in its treatment of sellers on its platform. The practices have raised prices for consumers and stifled innovation and choice in the online retail market, the DC attorney general alleges in an antitrust suit. The suit filed Tuesday in the […]
Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison after his conviction in a massive corruption scandal, even though business has rarely looked better at South Korea’s largest company. Lee is just the latest South Korean corporate boss to run his business from behind […]
A Tesla involved in a fatal crash on a Southern California freeway last week may have been operating on Autopilot before the wreck, according to the California Highway Patrol. The May 5 crash in Fontana, a city 50 miles (80 kilometers) east of Los Angeles, is also under investigation by the National Highway Traffic Safety […]
In the latest setback to European Union efforts to tackle corporate tax avoidance, a court on Wednesday annulled a ruling by the European Commission that a tax deal between the Luxembourg government and Amazon amounted to illegal state support. The EU’s executive branch ordered the U.S. online retailer in 2017 to pay around 250 million […]