The U.S. House of Representatives Judiciary Committee has formally approved an antitrust report accusing Big Tech companies of buying or…
Tag: Amazon
Sen. Lee, Rep. Buck question Apple’s, Google’s, and Amazon’s actions against Parler
In a joint letter to the CEOs of Apple, Google, and Amazon to question the companies’ actions in removing the social network Parler from…
Steve Jobs warned Jeff Bezos that iTunes would kill CD sales
Just before the release of iTunes for Windows, Apple CEO Steve Jobs warned Amazon founder Jeff Bezos that iTunes would kill CD sales …
Apple is the top buyer of artificial intelligence companies with 25 acquisitions over the past five years
The M&A deal-making landscape of the 2016-2020 artificial intelligence (AI) tech space was dominated by US tech giants, with Apple leading…
Nearly 8 in 10 tech employees think Apple, Amazon, Google, and Facebook have too much power
Protocol has introduced its first “Tech Employee Survey.” Nearly 1 in 8 of the tech employees surveyed said the tech industry is too powerful
Analyst: Buy this dip in Apple stock before it’s out of reach
It’s been a bad week for tech stocks, including Apple stock. The Nasdaq tumbled 2.7% on Wednesday and the slide looks set to continue…
After dropping original lawsuit, Parler sues Amazon again
After social media app Parler dropped its case against Amazon for cutting off its web-hosting services, the company filed a separate lawsuit …
Parler drops case against Amazon for pushing it offline
Parler, the social media app that was rapidly growing in popularity in January, has dropped its case against Amazon Web Services…
U.S. House members assail Big Tech, consider changes to antitrust law
The four Big Tech members – Alphabet, Amazon, Apple, Facebook – received another tongue-lashing centered on antitrust concerns…
Maryland approves the first state tax on digital ads from Facebook, Google
Maryland has passed the U.S.’s first tax on the revenue from digital advertisements sold by companies like Facebook, Google, and Amazon…
Big Wall St. investors bought Apple, other tech stocks during GameStop retail frenzy
Deep-pocketed Wall St. investors pumped a record $4.2 billion into Apple and other big technology stocks last week, BofA’s flow data…
Klobuchar’s antitrust reform bill could cause Apple to be fined 15% of its annual revenue
Sen. Amy Klobuchar, D-Minn., unveiled a sweeping antitrust reform bill on Thursday that could, theoretically, cause Apple to be fined…
Apple among 4 stocks to watch as pandemic boosts spending on streaming services
Apple is among 4 stocks to watch as COVID-19 lockdowns boost spending on streaming services. Video streaming services had a great 2020…
Jeff Bezos to step down as Amazon CEO
Amazon CEO Jeff Bezos will leave his post later this year, turning the CEO over to the company’s top cloud executive Andy Jassy who…
EU lawmakers want Apple, Amazon, Facebook, and Google CEOs at Feb. 1 Big Tech hearing
EU lawmakers have invited the CEOs of Apple, Amazon, Facebook, and Google to a Big Tech hearing in Brussels on February 1st as they look to…
Judge won’t force Amazon to restore web service to Parler
Amazon won’t be forced to restore web service to Parler after a federal judge ruled Thursday against a plea to reinstate the fast-growing…
Parler urges U.S. judge to order Amazon to restore its platform
Parler urged a U.S. judge on Thursday to order Amazon.com Inc to restore the company’s account, saying Amazon had no evidence…
Parler CEO says social media platform may never return
Parler, which has gone dark after being cut off by major service providers, may never return online, said its CEO John Matze…
Tim Cook: Parler can return to App Store if they comply with Apple’s terms of service
Parler can return to the App Store according to Apple CEO Tim Cook, but they must first comply with the company’s App Store Terms of Service…
Parler finds a new home
After a handful of Big Tech companies moved to take down Parler over the weekend, the social media platform appears to have found a new…
Parler sues Amazon over site takedown
Parler, a social networking service that advocated free speech before it was deplatformed has sued Amazon.com on Monday…
Fears of new trade war as U.S. slams India, Italy, Turkey on ‘unreasonable’ digital taxes
Digital services taxes adopted by India, Italy and Turkey discriminate against U.S. companies and are inconsistent with international tax …
Amazon acquires Wondery in podcast push
Apple and Sony Music Entertainment held talks about acquiring Wondery, but it’s Jeff Bezos’ Amazon that ended up taking the podcasting co…
EU announces sweeping new rules on Big Tech companies
“Big Tech” could soon face stiff fines and stricter controls over their behavior as part of sweeping new European Union rules. The remedies…
Scam Alert: FTC warns of fake calls from Apple and Amazon support
Scammers are once again calling people and using the names of two companies everyone knows, Apple and Amazon, in a brazen attempt…
Apple’s HomePod mini vs. Amazon’s Echo vs. Google’s Nest Audio
Apple’s new HomePod mini, priced at just $99, is better positioned to compete with cheaper smart speakers from Google and Amazon…
Amazon in exclusive talks to buy podcast startup Wondery
Amazon.com Inc. is in exclusive talks to purchase podcast startup Wondery, according to people familiar with the matter, as the company…
Amazon unveils EC2 Mac instances to power Apple Xcode app development
Powered by Mac mini hardware and the AWS Nitro System, developers can use Amazon EC2 Mac instances to build, test, package, and sign Xcode …
Strategists: Stock market rise from COVID-19 lows has further to go
According to strategists, the stock market is poised to rise through the end of 2021 as the widespread release of COVID-19 vaccines…
Apple, other techs wary of full disclosure of secrets in Google antitrust case
Apple said confidential material they provided for the U.S. antitrust probe of Google should not be shared because secrets they include…
EU digital chief invites Big Tech to talks about how to curb their powers
The European Union’s digital chief has invited companies including Google, Apple, Amazon, and Facebook to video talks next week to discuss…
John Malone says platforms like Apple and Amazon will dominate streaming
Liberty Media Chairman John Malone told CNBC that global streaming platforms like Apple and Amazon are providing extremely high quality…
Jim Cramer: ‘Big Tech’ stocks are better repositories of wealth than bonds
CNBC’s “Mad Money” host Jim Cramer says that Apple, Facebook, Amazon, and Microsoft are the “Fort Knoxes of our era. These stocks are the new…
Big Tech may still be in trouble regardless of Trump or Biden win
Election Day 2020 is over, but the ultimate outcome for the U.S. presidency is far from certain. While supporters of President Donald Trump…
Investors seek Big Tech safety as presidential election hangs in the balance
The United States’ “Big Tech” names – Apple, Amazon, Google, Microsoft, Facebook — led gainers on Wall Street on Wednesday…
Big tech stocks climb as ‘blue wave’ fails to materialize, easing antitrust concerns
Stock futures surged to a tech-led rally on Wednesday as ongoing U.S. election uncertainty signaled the White House was still up for grabs…
Apple eyes historic mark of $100 billion in revenue this quarter
Apple, along with Amazon, are both expected to report revenue above $100 billion in 2020’s holiday quarter, putting them into rarefied air…
Apple has outperformed the broader market under President Trump
All five companies — Amazon, Apple, Facebook, Google, and Microsoft — have outperformed the broader market under President Trump …
Amazon says ‘technical issue’ caused removal of Apple Card as payment option
Amazon removed Apple Card as a payment option for some users on Friday. “We are aware of this technical issue and are actively working…
CNET’s Best High-End Streaming Device for 2020: Apple TV 4K
Introduced way back in September 2017, the Apple TV 4K has been named CNET’s Best High-End Streaming Device for 2020…
Japan to join forces with U.S., Europe in regulating Big Tech
The new head of Japan’s antitrust watchdog said on Monday that the country will take on any market abuses by the four Big Tech …
Apple jumps, tech stocks extend Wall Street rally on stimulus hopes
Wall Street’s major indexes rose for a fourth straight session on Monday, boosted by tech stocks and optimism that Washington would reach…
