• For politicians on both left and right, it's open season on tech companies 21 Jul 2019 10:52 Republicans and Democrats in Washington may not agree on much, but they have found a common enemy in big technology companies. Politicians from both parties are calling for new curbs on the tech giants’ power. On the right, Missouri Sen. Josh Hawley has …
  • Disruptive Effects of Big Tech Firms Take Priority at UNCTAD Meeting 21 Jul 2019 09:37 The disruptive effects of big technology companies on digital and offline markets was the subject of intense discussion at a recent UNCTAD meeting on competition law and policy. Governments gathered from July 10-13 at the United Nations’ headquarters in …
  • Margrethe Vestager scares the tech giants. If we leave the EU, we’ll miss her 21 Jul 2019 06:29 The greatest economic threat facing Europe is of falling hopelessly behind the US and China in adopting the next generation of technology. That is the view of many across Europe’s industrial and financial sectors who watch with wonder the proxy battle …
  • High-tech arboretum to better conserve trees 21 Jul 2019 04:08 SINGAPORE: Due to illegal logging and deforestation, the population of dipterocarps – iconic trees that constitute the backbone of the Indo-Malayan rainforests – have decreased over the years. Many species in Singapore have also become critically …
  • Tech critics on both sides have it wrong: Section 230 is not a special privilege 20 Jul 2019 20:57 Recently, both Republicans and Democrats have publicly questioned the future of one of the most important laws underpinning the explosion of the internet: Section 230 of 1996’s Communications Decency Act. Policymakers including Speaker of the House Nancy …
  • Report: NSO Group's Pegasus Spyware Can Break Into Cloud Services, Transmit User Data to Server 20 Jul 2019 19:18 Israeli spyware company NSO Group’s powerful Pegasus malware—the same spyware implicated in a breach of WhatsApp earlier this year—is capable of scraping a target’s data from the servers of Apple, Google, Amazon, Facebook, and Microsoft, according to a …
  • Why Europe is keeping a close eye on Amazon 20 Jul 2019 19:00 Strikes have broken out at Amazon warehouses in Spain, Germany, the UK, and other countries as workers call for better working conditions, pay, and health benefits. Depending on your perspective, the European Union is either the global leader in trying to …
  • A Suddenly Vulnerable Netflix 20 Jul 2019 17:56 Want this column in your inbox? Sign up here. It has been a hot week, with no relief in sight. If you’ve spent it assembling a wall of fans and air-conditioners, you may have missed some business and tech news. Don’t worry, that’s why we’re here. (And here …
  • Jeff Bezos Says We're Destroying Earth, but Amazon Is the Slowest Tech Giant to Go Green 20 Jul 2019 13:23 There's a new space race among billionaires that are eyeing the stars, from Elon Musk's SpaceX to Jeff Bezos' Blue Origin, among others. One common theme that the business magnates have expressed is concern about climate change and long-term …
  • Republican Lawmakers Urge Trump to Act Faster on Pentagon’s $10 bln JEDI Cloud Contract 20 Jul 2019 10:50 US 13:20 20.07.2019Get short URL Computer technology company Oracle has recently lost a lawsuit claiming that the award process for the US Defence Department’s lucrative contract had been tilted in Amazon’s favour. Amazon and Microsoft remain the two …
  • US tech companies face a new tax on revenues 20 Jul 2019 10:05 US trade representative Robert Lighthizer is considering a response to the French tax American tech companies make billions, yet pay pennies in tax. New levies in France and Britain seek to change that. But will they work as intended?  What’s happened? …
  • PornHub VP Vows to Protect Users’ Privacy Amid Reports of Google & Facebook 'Sexpionage' 20 Jul 2019 10:00 Tech 12:21 20.07.2019Get short URL Having pointed out that PornHub only uses Google Analytics for activity tracking, the website’s VP Corey Price said that users can actually opt out of this particular Google service if they so desire. Following the …
  • FaceApp: Is it safe? Just consider how much more Google knows 20 Jul 2019 09:45 This week, FaceAPP incited a panic as reports emerged that people using the app were sending their images to a little-known Russian company for doctoring. – the app is owned by Russian parenting Company Wireless labs. (AP Photo) Sure, I like privacy in the …
  • Unresolved privacy battle growing between law enforcement and big tech: ANALYSIS 20 Jul 2019 09:43 In December 2015, Syed Farook and his wife went on a terrorism killing spree in San Bernardino, California, that only ended after a blazing gun battle with law enforcement. One of the key sources of evidence was the suspect's Iphone. When the Federal …
  • We’ve surrounded the Earth with surveillance satellites, but who is that good for? 20 Jul 2019 09:07 To keep tabs on things that can’t yet be seen from space—or to follow up on interesting sightings—some activist groups are deploying drones into the skies and oceans. Last winter, autonomous sailing robots built by Saildrone set off from South America to …
  • Jordan- Venture finance in the MENA region ? challenges and opportunities ahead 20 Jul 2019 08:55 (MENAFN - Jordan Times) I recently had the pleasure and honour of participating in the Digital Mashraq Forum (DMF) under the patronage of HRH Crown Prince Hussein, the Ministry of Digital Economy and Entrepreneurship in Jordan and the World Bank Group.  …
  • US Big Tech Under Attack: Spain to Push Ahead with Tax on Digital Firms 20 Jul 2019 08:51 TEHRAN (FNA)- The global hunt on large technology firms continues, with now another country, Spain, seeking to force the companies to pay more in the markets where they operate. The country’s acting Economy Minister Nadia Calvino told news radio network …
  • Stand Out of Our Light: politics and the big tech threat 20 Jul 2019 05:37 We’re having problems with the internet and big tech, principally Alphabet (Google/YouTube), Amazon, Apple and Facebook. The government has taken note. Executives from these four corporate giants testified in Congress to defend their business practices …
  • Tech Giants Are Expanding Presence in New York, as the City’s Tech Talent Pool Grows 19 Jul 2019 23:42 New York is seeing major tech companies expanding their presence in the city. The New York Times and Wall Street Journal have both reported that Google, Facebook, Apple, Uber and Amazon have plans to expand in the New York metro region. Google is investing …
  • 'More dangerous than Bin Laden': Tech giants under fire in Washington 19 Jul 2019 19:36 From shining lights to punching bags Until recently, the tech giants were seen as shining examples of American capitalism and ingenuity. But they have recently become convenient punching bags for politicians from both sides of politics. Loading Republicans …
  • China's Tech Giants Have a Second Job: Helping Beijing Spy on Its People 19 Jul 2019 15:17 Tencent and Alibaba are among the firms that assist authorities in hunting down criminal suspects, silencing dissent and creating surveillance cities. From a report: Alibaba Group's sprawling campus has collegial workspaces, laid-back coffee bars and, …
  • NSO Spyware 'Targets Big Tech Cloud Services' 19 Jul 2019 15:01 112515292 story Posted by msmash on Friday July 19, 2019 @10:00AM from the security-woes dept. The Israeli company whose spyware hacked WhatsApp has told buyers its technology can surreptitiously scrape all of an individual's data from the servers of …
  • G7 urges tight regulations for digital currencies, agrees to tax digital giants locally 19 Jul 2019 08:28 (Reuters) — Digital currencies such as Facebook’s planned Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the world’s financial system, Group of Seven finance ministers and central bankers said on …
  • Taiwan tech revenue grows 3.9% amid trade war uncertainty - Nikkei Asian Review 18 Jul 2019 22:24 TAIPEI -- Major Taiwanese tech companies wrapped up an eventful but better-than-expected month in June, logging modest revenue growth despite the trade war uncertainty that continues to loom over the outlook for the second half of 2019. Each month the …
  • The Truth About Trump’s Love-Hate Relationship With Big Tech 18 Jul 2019 19:51 I used to work at the old, ink-stained New York Times, and we would sometimes go out drinking after putting the print paper to bed. There would often be one editor in the corner with a pile of singles that grew taller and taller. The bills were his …
  • G7 urges tough Libra rules, agrees to tax digital giants 18 Jul 2019 19:03 Digital currencies such as Facebook's planned Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the world's financial system, Group of Seven finance ministers and central bankers said on Thursday. …
  • G7 urges tough Libra regulation and agrees to tax digital giants 18 Jul 2019 17:10 Digital currencies such as Facebook’s planned Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the world’s financial system, Group of Seven (G7) finance ministers and central bankers said on Thursday. …
  • G7 ministers reach consensus on taxing digital giants 18 Jul 2019 16:51 The G7 finance ministers and central bank governors agreed that large tech companies such as Google, Amazon, Facebook or Apple can be taxed in the countries in which they make money, even without being physically present there. They also agreed that there …
  • Once Upon A Time In Tech: Dropbox Edition 18 Jul 2019 16:44 Dropbox recently announced ‘the new Dropbox’. Here is a link to the video which everyone investing in cloud/saas space must watch. But before I discuss the new Dropbox, a little financial snapshot of what’s going on with the company is needed. Dropbox …
  • The Latest: Virginia Tech coach not set to name starting QB 18 Jul 2019 16:31 CHARLOTTE, N.C. (AP) — The Latest on Atlantic Coast Conference media days (all times local): 12:25 p.m. Virginia Tech coach Justin Fuente says he’s not ready to name a starting quarterback until after he knows if Oregon transfer Braxton Burmeister will be …
  • US tech takes another hit: EU fines Qualcomm for abusing dominance 18 Jul 2019 16:21 The EU is not averse to handing out fine to powerful tech companies that break the rules. Budrul Chukrut/SOPA Images/LightRocket via Getty Images Europe's Competition Commission has long taken a dim view of tech companies abusing their dominant …
  • What open-source culture can teach tech titans and their critics 18 Jul 2019 16:03 THE GREATEST fear of an ambitious technology firm is to be condemned to “legacy”, tech speak for irrelevance. Its products may still be used, but out of inertia. The damning judgment could apply to Mozilla, the maker of the Firefox browser. Even on …
  • Colombia based Digital Services Firm Zemoga launches first LatAm world class Device Lab to rival Silicon Valley Tech Giants 18 Jul 2019 15:23 NEW YORK--(BUSINESS WIRE)--Jul 18, 2019-- Based in Colombia, digital services firm, Zemoga, has created the first world class Device Lab in the region to validate, verify and test the design, deployment and operations of digital services they develop for …
  • The Technology 202: Europe is still in the lead when it comes to cracking down on big tech 18 Jul 2019 14:16 Ctrl + N The Amazon logo. (Denis Charlet/AFP/Getty Images) Congress is starting to talk about Amazon’s power. But Europe’s competition commission is already taking action.  The European Union's antitrust enforcer announced yesterday it would …
  • “Zero for Zeros” Campaign Launches Ad Campaign Targeting Tech Giants 18 Jul 2019 14:10 The Zero for Zeros campaign announced a new ad campaign targeting some of the biggest and most recognizable companies in the technology and lifestyle sectors. The ads will appear on Facebook and Twitter and will target employees and customers of the …
  • Shanghai eyes science and tech hub status 18 Jul 2019 13:31 Robots perform soldering operations on an auto production line during an industry expo in Shanghai. Photo by Du Yang/China News Service via China Daily /Asia News Network BEIJING — After burnishing its credentials as a hub for finance and shipping, …
  • G7 ministers agree on 'two-pillar' taxation plan for tech giants 18 Jul 2019 13:02 G7 finance ministers meeting in France on Thursday agreed on a plan for taxing digital giants that will set a minimum level of taxation for them, while allowing companies to do business in countries where they have no physical presence. Ministers " …
  • G7 ministers reach consensus on taxing tech giants like Google, Amazon: France 18 Jul 2019 12:34 G7 ministers 'fully supported a two-pillar solution to be adopted by 2020', said a statement from France. Chantilly: G7 finance ministers meeting in France on Thursday agreed a plan for a tech tax on digital companies such as Google, Apple, …
  • Europe is targeting Big Tech with new taxes. It’s straining the transatlantic alliance. 18 Jul 2019 11:49 By Rasmus Corlin Christensen and July 18 at 7:00 AM Last week, President Trump ordered an investigation into France’s new tax on Apple, Facebook, Google and other large digital companies. The administration is considering strong retaliatory measures, on …
  • The Latest: US still mulling retaliation for French tech tax 18 Jul 2019 10:54 CHANTILLY, France — The Latest on the G-7 finance ministers’ meeting (all times local): 12:50 p.m. U.S. Treasury Secretary Steven Mnuchin says the White House will press ahead with its investigation of France’s digital tax, which is aimed at companies like …
  • China launches STAR, tech stock market to boost industry 18 Jul 2019 05:47 BEIJING (AP) — Trading starts Monday on a Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. Regulators have approved 25 companies in information technology and …
  • US lawmakers consider how to rein in Big Tech 18 Jul 2019 05:35 Big Tech faced tough questions this week as federal lawmakers focused on issues of potentially anticompetitive behavior and expressed bipartisan skepticism over Facebook's plan for a digital currency. Companies such as Apple, Google, Facebook and …
  • Tech giant tax to dominate G7 finance ministers meet 18 Jul 2019 03:24 A row over taxing tech giants is set to dominate a meeting of G7 finance ministers near Paris this week, with the world’s leading industrialised nations already riven by disruptive US trade policies. During the meetings on Wednesday and Thursday in …
  • France defiant on plans to impose ‘Gafa’ tax on tech giants 17 Jul 2019 23:07 French Finance Minister Bruno Le Maire met US Treasury Secretary Steven Mnuchin on the sidelines of the meeting of finance ministers from the world’s seven most developed economies in Chantilly outside Paris. “We don’t always agree on all issues, but we do …
  • With Big Tech's dominance under scrutiny, EU probes Amazon 17 Jul 2019 16:33 Carlo Piovano and Raf Casert, Associated Press Updated 11:23 am CDT, Wednesday, July 17, 2019 European Commissioner for Competition Margrethe Vestager, center, speaks with European Commissioner for Economic and Financial Affairs Pierre Moscovici, second …
  • Tech Giants Claim Competition Exists. House Dems Don’t Buy It 17 Jul 2019 16:05 Today’s younger, more tech savvy breed of House Democrats may spend a lot of their time online, but that doesn’t mean they’re happy with the tech companies they rely on. In fact, it seems the more testimony they hear from top Silicon Valley executives, the …
  • Tech giants enjoy 'immunity,' lawmaker says: Antitrust update 17 Jul 2019 14:52 WASHINGTON - U.S. technology giants are headed for their biggest antitrust showdown with Congress in 20 years as lawmakers and regulators demand to know whether companies like Alphabet Inc.'s Google and Facebook Inc. use their dominance to squelch …
  • Lawmakers grill Big Tech over lack of competition, Facebook’s digital currency 17 Jul 2019 13:20 Big Tech faced tough questions Tuesday as federal lawmakers focused on issues of potentially anticompetitive behavior by technology giants and expressed bipartisan skepticism over Facebook’s plan for a new digital currency. Investors reacted quickly. …
  • US objects to French tax on tech firms at G-7 meeting 17 Jul 2019 13:07 Thomas Adamson and Alex Turnbull, Associated Press Updated 8:02 am CDT, Wednesday, July 17, 2019 French Finance Minister Bruno Le Maire, left, welcomes Treasury Secretary Steve Mnuchin at the G-7 Finance Wednesday July 17, 2019 in Chantilly, north of Paris …
  • Senators call for end to 1996 law which protects tech giants from being sued for user comments 17 Jul 2019 12:45 Google has terminated its controversial project to set up a search engine in China, an executive told the Senate Judiciary Committee hearing on Tuesday.  Google vice president of public policy Karan Bhatia revealed that 'Project Dragonfly' has been …
  • 3 myths to bust about breaking up 'big tech' 17 Jul 2019 12:12 (The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Bhaskar Chakravorti, Tufts University (THE CONVERSATION) As the public and government regulators around the world discuss whether and how to …
  • US to object to French tax on tech firms at G-7 meeting 17 Jul 2019 11:01 CHANTILLY, France (AP) — The Group of Seven rich democracies’ top finance officials gathered Wednesday at a chateau near Paris in search of common ground on the threats posed by digital currencies. The two-day meeting, however, risks being overshadowed by …
  • Spain vows to push ahead with tax on tech giants 17 Jul 2019 11:00 Madrid will push ahead with a tax on large internet and technology firms as soon as a new government is sworn in, Spain’s acting economy minister said Wednesday. Parliament will vote next week on acting Prime Minister Pedro Sanchez’s bid to form a new …
  • Big Tech’s Tough Day in D.C. 17 Jul 2019 10:34 Good Wednesday morning. The Elon Musk-backed company Neuralink unveiled its plans to wire your brain to the internet last night — more on that below. (Was this email forwarded to you? Sign up here.) Lawmakers took shots at tech giants yesterday during …
  • Azim Premji helps create India’s newest tech unicorn 17 Jul 2019 09:59 Bengaluru: Azim Premji has helped create India’s latest tech unicorn: a fast-rising software startup that symbolizes the growing investor interest in the Asian nation’s enterprise technology space. Icertis, which competes with SAP SE and Oracle Corp. to …
  • Congress grills Big Tech over competition, money and power 17 Jul 2019 09:06 Big Tech faced tough questions Tuesday as federal lawmakers focused on issues of potentially anticompetitive behavior by technology giants and expressed bipartisan skepticism over Facebook’s plan for a new digital currency. Companies such as Apple, Google, …
  • [News Focus] Korean tech firms seek localization, diversification amid escalating trade row 17 Jul 2019 08:41 To combat growing trade risks with Japan, South Korean chip and display makers are seeking ways to localize key materials and diversify supply sources, although it appears difficult in the short term. On July 1, the Japanese government tightened its export …
  • China’s Tech Sector Is in Trouble 17 Jul 2019 07:50 Perched precariously atop electric motorbikes, swarms of e-commerce couriers zip through China’s cities. For upwards of 10 hours each day, they race to deliver packages and hot meals. In high-rise office buildings, tech-company programmers are toiling just …
  • G7 seek to rein in tech giants at meeting 17 Jul 2019 07:26 G7 finance ministers will have the powers of big digital firms in their sights when they meet outside Paris, despite divisions about how to tax them. France wants to use its presidency of the two-day meeting from Wednesday in the chateau town of Chantilly, …
  • I don’t trust you guys: US lawmakers unite to take aim at Big Tech 17 Jul 2019 07:03 WASHINGTON : Lawmakers leveled stinging criticism and sharp questions at Big Tech executives Tuesday, attacking Amazon, Apple, Facebook and Google for their market power, their perceived bias as gatekeepers of communication and Facebook’s ambitions to …
  • Neuralink’s tech embeds tiny wires in the brain to read electrical pulses 17 Jul 2019 06:55 This evening during a press conference in San Franciso, scientists at Elon Musk’s Neuralink — a startup founded in 2017 with the stated goal of creating “ultra-high-bandwidth brain-machine interfaces” that connect humans with computers — gave an update on …
  • G7 finance ministers look to rein in tech giants at French meeting 17 Jul 2019 06:20 CHANTILLY, France, July 17 (Reuters) - G7 finance ministers will have the growing powers of big digital firms in their sights when they meet on Wednesday outside Paris despite divisions about how best to tax them. France wants to use its presidency of the …
  • Austin’s a “brain drain” city for tech talent — is that good or bad? 17 Jul 2019 04:33 AUSTIN (KXAN) — Austin is once again a top 10 city for having the most talented people working in the tech industry. In CBRE’s 2019 “Scoring Tech Talent” report, Austin beat out other Texas cities like Dallas-Forth Worth and Houston. “[Austin’s] the envy …
  • Tech giants on defensive at antitrust hearing 17 Jul 2019 03:50 Four of the nation’s largest tech companies sought to reassure skeptical lawmakers over their market power as the House ramps up its antitrust investigation into Silicon Valley. Executives from Apple, Amazon, Facebook and Google testified before the House …
  • Awkward! Bernie tells Bezos-sponsored event he'd break up Amazon and other tech titans 17 Jul 2019 02:09 Bernie Sanders will "absolutely" look at breaking up Facebook, Google and Amazon if he becomes president. Speaking at an event run the Jeff Bezos-owned Washington Post on Tuesday, the Democratic presidential hopeful offered his strongest position …
  • China, China Everywhere: Bolton Slams Huawei, US Tech Companies For Alleged Beijing Ties 17 Jul 2019 01:52 US 04:51 17.07.2019Get short URL US National Security Advisor John Bolton lashed out at Chinese and US tech companies over alleged ties to the Chinese government. According to Bolton, the US should kick Huawei out of the American market permanently and …
  • Legislators want tech giants to stop digital currency ventures 17 Jul 2019 00:39 It’s been one month since Facebook (and its partners) declared designs to dispatch Libra cryptographic money. As of now, US officials are calling for Facebook to delay those plans. Presently, a few legislators need the organization to stop altogether. As …
  • Tech giants draw fire in Congress 17 Jul 2019 00:37 WASHINGTON: Concerns about the power of the major technology companies echoed across the nation’s capital on Tuesday, with politicians in both parties demanding more regulatory scrutiny of the tech giants’ reach and plans for expansion. In three hearings, …
  • In Congressional hearing, tech giants face tough questioning over potential monopolies 17 Jul 2019 00:04 Facebook has faced considerable attention for its potential monopoly in social media. Fabian Sommer/dpa/Getty Images Midway through a Congressional antitrust hearing Tuesday afternoon, Colorado Rep. Joe Neguse asked a Facebook representative if his …
  • U.S. lawmakers take jabs at Amazon, Big Tech in antitrust hearing 16 Jul 2019 22:15 WASHINGTON (Reuters) - Lawmakers on the House Judiciary Committee’s antitrust panel on Tuesday pressed an executive from Amazon.com Inc on allegations that it competed against its own sellers and pushed them to buy advertising and fulfillment services. …
  • Democrats and Republicans find unity in trashing Big Tech 16 Jul 2019 21:46 Two years ago, Facebook changed its mission statement to focus on “bringing the world closer together.” On Tuesday, it appeared to accomplish that lofty goal for the political world, at least, as Republican and Democrat lawmakers united in bipartisan …
  • Watch Live 'Facebook is dangerous': Big Tech's rough day on Capitol Hill 16 Jul 2019 20:00 Sen. Martha McSally, an Arizona Republican, sounded a similarly damning note later in the hearing. "I don't trust you guys," she said. "Instead of cleaning up your house, now you're launching into a another business model."The …
  • ‘Facebook is dangerous’: Big Tech’s rough day on Capitol Hill 16 Jul 2019 17:56 Two years ago, Facebook changed its mission statement to focus on “bringing the world closer together.” On Tuesday, it finally appeared to accomplish that lofty goal for the political world, at least, as Republican and Democrat lawmakers united in …
  • Tech Firms Face Lawmakers Over Antitrust, Digital Currency 16 Jul 2019 17:32 U.S. lawmakers will question lobbyists and officials from Facebook, Google, Amazon and Apple on an array of issues. Reuters hide caption toggle caption Reuters U.S. lawmakers will question lobbyists and officials from Facebook, Google, Amazon and Apple on …
  • US, French Differences Over Tech Tax Resurface at G-7 Meeting 16 Jul 2019 17:21 GENEVA - Group of Seven finance ministers and central bankers will hold talks Wednesday outside Paris that are likely to be dominated by global trade disputes and differences over taxing tech companies. Also on the agenda is a French push for fairer levies …
  • Amazon in EU Crosshairs as Vestager Fights Big Tech To the End 16 Jul 2019 15:10 112337194 story Posted by msmash on Tuesday July 16, 2019 @10:45AM from the no-mercy dept. Amazon.com faces a full-blown European Union antitrust probe as the bloc's competition chief Margrethe Vestager prepares for a summer finale to her five-year …
  • Tech Firms To Face Lawmakers Over Antitrust, Digital Currency 16 Jul 2019 15:04 Facebook, Amazon, Google and Apple officials will be testifying on Capitol Hill Tuesday at three separate hearings on an array of issues, including whether they're so big they stifle competition. All the hearings reflect a new mood in Washington, where …
  • Von der Leyen takes aim at U.S. tech giants' low tax bill in Europe 16 Jul 2019 13:05 STRASBOURG, July 16 (Reuters) - Germany’s Ursula von der Leyen, seeking to become the first female head of the European Commission, has said she wants U.S. tech giants to pay “fair taxes” in the EU instead of gaming the different systems across the bloc to …
  • How low interest rates and big tech make value investing a nightmare 16 Jul 2019 12:33 One of my roles as a chief investment officer for family offices and institutional clients is to review outside managers and to ensure they are delivering on expectations. Surprisingly, despite today’s strong equity market, we’ve noticed that quite a few …
  • Tech giants brace for Washington showdown in echo of Bill Gates 16 Jul 2019 10:32 US technology giants are headed for their biggest antitrust showdown with Congress in 20 years as lawmakers and regulators demand to know whether companies like Alphabet Inc’s Google and Facebook Inc use their dominance to squelch innovation.  Executives …
  • Tech executives head to Capitol Hill for antitrust hearing 16 Jul 2019 10:04 WASHINGTON, July 16 (Reuters) - Executives from tech giants Apple Inc, Amazon.com Inc, Facebook Inc and Alphabet’s Google go before the House Judiciary Committee’s antitrust panel Tuesday to discuss competition in online markets. The committee is likely to …
  • Hollywood A-listers, tech executives top Warren’s donor list 16 Jul 2019 07:40 Actress Scarlett Johansson was among the Hollywood stars who contributed to Sen. Elizabeth Warren's campaign. | Willy Sanjuan/Invision/AP Sen. Elizabeth Warren has forsworn private fundraisers for her presidential campaign, focusing instead on …
  • Big tech behemoths face grilling from US lawmakers as hearings kick off 16 Jul 2019 05:18 Big tech will be in the hot seat this week as US lawmakers turn their attention to the growing power of these corporate behemoths in two days of hearings. Facebook will face scrutiny on Tuesday morning, when lawmakers in the Senate’s banking committee are …
  • LGBTQ Advocates Call Out Tech Giants for Anti-LGBTQ Donations 15 Jul 2019 23:23 A group of 30 LGBTQ advocates sent a letter to a number of tech giants – including Google, Microsoft, AT&T, Dell, T-Mobile, and Amazon – calling on them to stop contributing to anti-LGBTQ politicians, according to Buzzfeed News. Zero for Zeros, a group …
  • World’s big tech giants’ financial moves could impact on NZ 15 Jul 2019 21:30 Article – Make Lemonade FintechNZ says three of the largest US tech companies Apple, Google and Amazon are encroaching on financial services and threatening incumbents with their size and ability to attract massive, loyal user bases. Its no surprise the …
  • Tech giants face US monopoly grilling as Silicon Valley backlash gathers pace 15 Jul 2019 20:30 Tech giants will face a grilling from the US Congress on Tuesday as they defend themselves from charges that they have used their market dominance to unfairly crush competitors in Europe and the USA. Apple, Google, Amazon and Facebook will testify before …
  • Lawmakers want to block tech giants from offering digital currency 15 Jul 2019 18:53 In addition to blocking Facebook's plans for Libra, the "Keep Big Tech Out of Finance Act" would prevent other firms (those mainly offering an online platform service with at least $25 billion in annual revenue) from launching similar …
  • Tech Giants Face Intensifying Political Pressure 15 Jul 2019 18:20 Big Tech has found itself in the crosshairs of big government in recent months. As we wrote in June, the political tide has been moving against the tech giants, resulting in very real risks to the future of these companies. Apple Inc. (NASDAQ:AAPL), Amazon …
  • What SA can learn about business confidence from the global tech giants 15 Jul 2019 16:22 Applying the lessons of customer-centricity perfected by the Big Tech giants like Google and Amazon and strategically applying these in our own context is key to building long-term and sustainable business success. Business confidence in South Africa …
  • Ireland will not seek top EU post to avoid conflict with tech giants 15 Jul 2019 11:20 0 Comments Phil Hogan kept away from powerful EU post to avoid conflict with tech giants Independent.ie Ireland is not seeking the EU competition commissioner's post because it would risk setting this country on a collision course with the high-tech …
  • Tech giants to face US hearings on anti-trust, cryptocurrency 15 Jul 2019 07:52 Washington: Apple, Google, Amazon and Facebook are set to face two US House hearings on anti-trust issues and Facebook's planned cryptocurrency Libra. On Tuesday, the House Committee on Judiciary will discuss anti-trust issues while the Senate Banking …
  • How America’s Tech Giants Are Helping Build China’s Surveillance State 15 Jul 2019 04:30 "An American organization founded by tech giants Google and IBM is working with a company that is helping China's authoritarian government conduct mass surveillance against its citizens," the Intercept reports. The OpenPower Foundation -- a …
  • Trump warns tech giants are trending communist, mocks Antifa 15 Jul 2019 01:18
  • Chris Johns: Forget Facebook’s $5bn fine - taxing the tech giants is the real story 14 Jul 2019 11:38 Facebook’s $5 billion (€4.4 billion) fine from the US regulator sounds like a lot but will barely dent its quarterly cash flow, let alone its annual profit. It had previously indicated it was setting aside $3 billion in anticipation of a slap on the wrists …
  • Robert Bluey: Trump’s social media summit spotlights widespread anti-conservative bias by tech giants 13 Jul 2019 02:33 'MediaBuzz' host Howard Kurtz weighs in on President Trump's social media summit that was absent Google, Facebook and Twitter. Donald Trump is America’s first true social media president, so it was only natural that he would convene the first- …
  • UK Lawmakers Propose 2% Tax Targeting Tech Giants After France Passes Its Own 12 Jul 2019 20:01 × UK Lawmakers Propose 2% Tax Targeting Tech Giants After France Passes Its Own Britain and the United States could be on a collision course over taxing internet giants. Draft legislation introduced Thursday in the United Kingdom would impose a 2% tax on …
  • France adopts tax on tech giants like Google, Amazon & Facebook after US threat 12 Jul 2019 09:27 Paris: France has adopted a pioneering tax on internet giants like Google, Amazon and Facebook on Thursday, despite US threats of new tariffs on French imports. The final vote in favour of the tax in the French Senate on Thursday came hours after the Trump …
  • US probes France’s planned tech giants tax 12 Jul 2019 05:27 US President Donald Trump has ordered an investigation into France’s planned tax on internet services that will hit US tech giants especially hard, officials said on Wednesday. The probe into unfair trade practices could pave the way for Washington to …
  • France passes turnover-based tax Bill for tech giants despite US disapproval 12 Jul 2019 03:28 Big tech companies will now be required to pay a 3% tax of total annual revenues to the French government after a Bill targeting GAFA companies --  an acronym for Google, Apple, Facebook, and Amazon -- was passed on Thursday. A new 3% tax will be applied …
  • France adopts pioneering tax on tech giants 11 Jul 2019 20:00 France has adopted a pioneering tax on internet giants like Google, Amazon and Facebook, despite United States threats of new tariffs on French imports. The final vote in favor of the tax in the French Senate came hours after the Trump administration …