-
Google, Microsoft, Dell Join Facebook In Legal Fight Against Israeli Surveillance Firm NSO
Tuesday, December 22, 2020 - 12:15am | 528Big tech companies, including Microsoft Corporation (NASDAQ: MSFT) and Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG), have joined Facebook Inc’s (NASDAQ: FB) legal efforts against Israeli surveillance company NSO Group Technologies Ltd. What Happened: Microsoft, Google-parent Alphabet...
-
Apple's Retort To Facebook After Full-Page Ads: New Policy 'Simply Requires They Give Users A Choice'
Wednesday, December 16, 2020 - 11:10pm | 508Apple Inc (NASDAQ: AAPL) is not holding back in its dispute with Facebook Inc (NASDAQ: FB) over recent changes to its policies around user privacy. What Happened: "We believe that this is a simple matter of standing up for our users," the iPhone maker said in response to full-page...
-
FTC Orders Social Media Giants To Share Information On Data Collection Policies
Tuesday, December 15, 2020 - 2:46am | 487The Federal Trade Commission is asking social media companies to provide information on their policies related to the data collection and usage of a user's personal data. What Happened: The federal authority sent an order to nine technology companies seeking information on data...
-
FTC, 46 States Unveil Suit Against Facebook Aimed At Forcing Sale Of Instagram, WhatsApp
Wednesday, December 9, 2020 - 9:19pm | 336Facebook Inc (NASDAQ: FB) may have to part with crown jewels WhatsApp and Instagram after the United States Federal Trade Commission and almost all states sued the social media giant for extinguishing competition, Reuters reported Wednesday. What Happened: The two lawsuits accuse the Mark...
-
Apple Refuses To Concede To Facebook, Other Advertisers Over Tracking Users Without Consent
Wednesday, December 9, 2020 - 3:30am | 517Apple Inc (NASDAQ: AAPL) Senior Vice President Craig Federighi has hit out at the adtech industry ahead of the introduction of changes to iOS that would allow users to decline app tracking. What Happened: Federighi referred to online tracking as privacy’s “biggest challenge” in a...
-
5 Biggest Tech Companies Took 18% More Revenue Last Quarter: WSJ
Friday, October 30, 2020 - 3:11am | 912Earlier in October, a house antitrust investigation concluded that the big tech companies are getting dominant every year — stamping out rivals and stifling innovation. Though the executives rebuked the claims, these companies' latest earnings show they made significant gains as...
-
FAANG Stocks Present Buy Opportunities, Says Cramer
Wednesday, October 28, 2020 - 12:44am | 361Big tech stocks have some “bounce” left in them, CNBC "Mad Money" host Jim Cramer said Tuesday. What Happened: Cramer theorized, basing his analysis on chart interpretation by Katie Stockton, that the so-called FAANG stocks — made up of Facebook Inc (NASDAQ: FB...
-
Google Could Be Forced To Sell Chrome, Part Of Ad Business By US Government: Report
Monday, October 12, 2020 - 2:37am | 402U.S. regulators are considering an option where Alphabet Inc(NASDAQ: GOOGL) (NASDAQ: GOOG) could be forced to split part of its advertising business, along with its web browser Google Chrome, according to Politico. The company could be forced to sell these operations as an attempt to...
-
Facebook, Amazon, Apple, Google Stamping Out Rivals, Stifling Innovation, House Antitrust Investigation Concludes
Tuesday, October 6, 2020 - 11:23pm | 1066The dominance of large technology companies limits innovation and comes in the way of competition, a Democratic-led congressional panel has established after a 16-month investigation. The 450-page report of the panel was released Tuesday and makes recommendations that advocate measures to limit...
-
US Tech Giants Push Back Against India's Forced Data-Sharing Plan: Report
Monday, August 10, 2020 - 12:06am | 335A group representing the United States technology giants is pushing back against India’s plans to regulate “non-personal” data, Reuters reported Sunday. The Proposal: An Indian government panel is proposing a data-sharing mechanism to boost a digital...
-
Is Big Tech Too Big To Fail?
Monday, June 15, 2020 - 11:49am | 1197When we speak of market capitalization, Apple Inc. (NASDAQ: AAPL), Microsoft Corporation (NASDAQ: MSFT), Amazon.com, Inc. (NASDAQ: AMZN), Alphabet Inc (NASDAQ: GOOG), and Facebook, Inc. (NASDAQ: FB) are the five biggest companies in the world. There is a reason why everyone...
-
Pentagon Decided To Re-Evaluate The JEDI Contract And Amazon Is Not Giving Up
Wednesday, March 25, 2020 - 12:17pm | 940In February, Amazon.com, Inc. (NASDAQ: AMZN) managed to temporarily stop the execution of the Joint Enterprise Defense Infrastructure Cloud (JEDI) contract between Pentagon and U.S. Department of Defense on one side, and Microsoft Corporation (NASDAQ: MSFT) on the other. More precisely, on February...
-
COVID-19 Crisis Could Make Big Tech Even Stronger
Wednesday, March 25, 2020 - 11:52am | 1031As the economy is plunging into recession, Big Tech is not only doing well but thriving. Amazon.com, Inc. (NASDAQ: AMZN) is hiring aggressively to meet the surging demand, YouTube has soaring traffic, Mark Zuckerberg's dream of a world community on Facebook, Inc. (NASDAQ: FB) is...
-
Will Big Tech Come To The Rescue Against COVID-19?
Thursday, March 19, 2020 - 9:12am | 1195Big Tech is facing a ‘Big Brother' trap as coronavirus spreads over the globe. While it is under scrutiny for privacy issues for quite some time now, Silicon Valley faces the question of whether — or how — to use all the information they have on their users to help in the...
-
Regulators Aiming To Break Of Big Tech Are Receiving "Help" From COVID-19
Friday, March 13, 2020 - 9:12am | 941So far, little regulation has been imposed on the tech industry at the federal level, but that could very soon change as regulators have been trying hard to cripple the Big Tech companies. Early Facebook executive and Social Capital Founder Chamath Palihapitiya said Microsoft Corporation (...