Tech Lifts U.S. Stock Futures; Dollar Extends Drop: Markets Wrap
(Bloomberg) — U.S. equity futures climbed after stellar earnings from technology giants, while the dollar extended this month’s slide amid renewed concern about the strength of the American recovery. Asian shares retreated. S&P 500 and Nasdaq…
Big Tech Emperors Parade Their Earnings Power
(Bloomberg Opinion) — What timing. On Wednesday, the CEOs of four of the biggest U.S. technology companies downplayed the market power of their respective firms in a landmark antitrust hearing before a House subcommittee. Then just a day later, the…
Australia unveils law forcing tech giants to pay for news
Australia unveiled a draft law Friday to force Google and Facebook to pay news media for their content in a “world-leading” initiative sure to prompt a confrontation with the US digital giants. Treasurer Josh Frydenberg announced the…
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Yahoo Life is committed to finding you the best products at the best prices. The product written about here is offered in affiliation with Yahoo Life’s parent company, Verizon Media. When they’re in working order, your personal electronics are…
The Big Tech hearing: what we learnt
Congress – Reuters It was a long four hours of razor-sharp questions, bizarre diatribes about politicians’ fathers’ spam folders and Jeff Bezos accidentally muting himself. But unlike many Big Tech hearings in the United States…
What Will Congress Do Next About Big Tech?
For more than five hours on Wednesday, the House Judiciary committee indulged itself in questioning Big Tech’s marquee executives over anticompetitive practices. But the biggest question still hangs in the balance: What will Congress do to address these…
Hey Congress, never lump Big Tech CEOs together again
Hey Congress, never lump Big Tech CEOs together again Uploads%252fvideo uploaders%252fdistribution thumb%252fimage%252f91850%252f88a1b136 19d5 442c 9231 aee5d9e99cd4.png%252f930x520.png?signature=dkc…
Biggest challenges and opportunities of expanding a tech business across Europe
For years, founders in Europe have marveled at America’s ability to bolster entrepreneurship, the caliber of tech companies emerging from Silicon Valley, and the maturity of the investment landscape. In America, failure is celebrated, seen as a mere…
Five key moments from the big tech grilling
Four chief executives – Alphabet’s Sundar Pichai, Amazon’s Jeff Bezos, Facebook’s Mark Zuckerberg and Apple’s Tim Cook – appeared via video call The heads of Amazon, Apple, Facebook and Google owner Alphabet appeared…
After Big Tech hearing, these changes could become priorities for Washington
The landmark Congressional hearing of tech CEOs on Wednesday was long on political theater, but sprinkled among the 5 hours of questioning were some solid indications of what changes lawmakers could seek for technology companies. With the CEOs of Amazon,…