The US subcommittee hearing on Big Tech’s antitrust violations made strong allegations, but an upcoming report from the EU into Amazon promises more focus.
Streaming proves to be a bright spot as Disney has seen its Q3 2020 revenue fall by 42% to $11.78 billion as the effects of the Covid-19 pandemic hit hard.
Shopify share price rose 7% at close to $1053.59 after record earnings on 29 July for Q2.
The second quarter earnings release of some of the biggest banking firms in the US surprised investors, with reported revenues and net income beating expectations.
US tech giant Google has agreed to pay $4.5bn for a 7.7% stake in Reliance Industries’ digital subsidiary, Jio Platforms, an Indian firm which operates a 4G network and has several other apps and services within the country.
Between Friday 3rd and Sunday 5th July, Disney+ was downloaded 513,323 times globally.
The Indian government has made the unprecedented decision to ban 59 Chinese apps, signifying a major turning point for the global tech landscape.
Heavy equipment manufacturer Caterpillar has acquired Marble Robot Inc., pushing forward its automation and autonomy strategy.
Amazon founder Jeff Bezos has participated in a $15 million Series A fundraising in digital logistics startup Beacon, fueling the company’s aims to disrupt the global freight forwarding industry.
DHL has acquired a minority stake in its strategic partner company Link Commerce.
As it launches on Amsterdam’s Euronext stock market, coffee giant JDE Peet’s has not only decided to go through with its slated IPO but has pulled forward the date for the launch from 3 June to 29 May, after a particularly strong response from investors.
Following the issue of the first negative-yield government bond in Britain’s history, there has been speculation of negative interest rate policies to be adopted by the Bank of England.
Amazon debuts its new free-to-play PC game Crucible, with hopes of cashing in on the lucrative video game industry.
Facebook has unveiled its plans to launch a new shopping service, connecting users with businesses around the world.
As the UK has climbed the tables that count the number of Covid-19 cases and deaths in each country, it has become obvious that it is one of the worst affected countries globally.
Demand for video gaming has grown since governments imposed lockdown restrictions, Big Tech companies have been quick to capitalize on consumer trends.
Ebooks should benefit as the UK government’s Treasury has announced that, starting 1 May, it is dropping its value added tax (VAT) on digital publications.
As the Covid-19 pandemic grips the world, many businesses are buckling under the strain.
Online gambling has increased during the Covid-19 lockdowns, but this has raised ethical questions regarding addiction.
As the world continues to suffer the implications of the severe Covid-19 pandemic, it is worth examining how the global economy can be reshaped for the better As the lockdown has expanded throughout the world a number of critical industries have been damaged, possibly beyond repair.
Google has been reportedly working on the development of its own physical and virtual debit card, Google Pay, in a bid to rival Apple’s credit card.
Gaming giant Nintendo has reported that it is ramping up production of its Switch range in order to meet booming demand.
The World Health Organisation (WHO) has partnered with Viber to release its second Covid-19 chatbot.
Lockdown is resulting in plummeting print newspaper sales in the UK.
Publicis is the latest global advertising giant to announce cost saving measures, indicating that the industry is not immune to the impact of Covid-19.
If the Covid-19 outbreak continues and lockdowns in the US and rest of the world become stricter and last longer a recession will follow.
Streaming is set to increase as the world’s largest e-commerce platform is now allowing its Amazon Prime subscribers to make in app purchases for its Apple users.
The Covid-19 pandemic is changing the public perception of Big Tech from greedy exploiters of personal data to providers of hope.
Having seen in the past the way that Eurozone has acted against financial challenges, reluctant to employ common fiscal policies to combat them, it’s plausible to see the future of the single currency and the EU at question once again.