Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- U.K. digital regulator Ofcom proposed investigating digital markets, including cloud computing, internet messaging, and smart devices.
- Ofcom will first probe whether the so-called hyperscale cloud providers, Amazon.com Inc's (NASDAQ:AMZN) Amazon Web Services, Microsoft Corp's (NASDAQ:MSFT) Azure, Alphabet Inc' (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Cloud, hampered innovation and growth.
- Collectively, these three firms generate 81% of revenues in the U.K. public cloud infrastructure services market worth £15 billion.
- Also Read: More Regulatory Watching For Amazon, $1.7B Proposed Purchase Of iRobot Attracts Atention
- The calling and messaging study will examine Meta Platforms Inc's (NASDAQ:META) WhatsApp, Apple Inc's (NASDAQ:AAPL) FaceTime, and Zoom Video Communications Inc (NASDAQ:ZM), and issues like whether they should be able to interact with each other more.
- The smart devices investigation will inspect connected televisions and speakers and their bargaining power with those who produce content like entertainment and news.
- The Competition and Markets Authority is amid several active probes into Big Tech companies.
- Meanwhile, the European Commission penalized Google billions of dollars over alleged antitrust offenses and investigated Apple and Amazon in separate cases.
- U.S. Senator Amy Klobuchar blamed an "incredible onslaught of money" hindering a landmark antitrust bill from checking the power of the U.S. Big Tech companies.
- Price Action: AMZN shares traded lower by 0.01% at $100 premarket on the last check Thursday.
- Photo by Okan Caliskan from Pixabay
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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