WASHINGTON (Reuters) – Lawmakers pressed top U.S. antitrust enforcers on their probes of tech giants Alphabet’s Google (GOOGL.O), Facebook (FB.O), Amazon (AMZN.O) and Apple (AAPL.O) on Wednesday, with the chair of a House subcommittee expressing frustration over the companies’ continued acquisitions. FILE PHOTO: Fitbit Blaze watch is seen in front of a displayed Google logo
Technology
FILE PHOTO: A man looks at his phone as he passes by a screen advertising Walt Disney’s streaming service Disney+ in New York City, U.S., November 12, 2019. REUTERS/Brendan McDermid (Reuters) – Walt Disney Co on Wednesday said its new streaming service, Disney+, has reached 10 million sign-ups since launching on Nov. 12, sending shares
FILE PHOTO: People shop at a UNIQLO by Fast Retailing store at Kansai International Airport in Osaka, Japan October 28, 2017. REUTERS/Thomas White TOKYO (Reuters) – Japanese fashion group Fast Retailing Co Ltd (9983.T), owner of clothing chain Uniqlo, on Wednesday said it has partnered two robotics startups to help improve efficiency in warehousing and
(Reuters) – Walt Disney Co said demand for its much-anticipated streaming service, Disney+, was well above its expectations in a launch on Tuesday marred by complaints from users about glitches and connection problems. An error message for Disney’s streaming service is seen on a TV in New York, U.S. November 12, 2019. REUTERS/Ken Li Disney+
SINGAPORE (Reuters) – China’s proposed digitized domestic currency is not a bid to gain full control of information belonging to the general FILE PHOTO: A China yuan banknote featuring late Chinese chairman Mao Zedong and a computer keyboard are seen reflected on an image of Chinese flag in this illustration picture taken November 1, 2019.
FILE PHOTO: The Apple Inc. logo is seen hanging at the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar (Reuters) – Apple Inc (AAPL.O) is aiming to launch augmented-reality headset in 2022 and a sleeker pair of AR glasses by 2023, news website The Information reported on Monday,
HANGZHOU, China (Reuters) – Chinese e-commerce giant Alibaba Group Holding Inc (BABA.N) on Monday said sales for its annual Singles’ Day shopping blitz hit 158.31 billion yuan ($22.63 billion) in its first nine hours, up 25% from 126.72 billion yuan at the same point last year. The logo of Alibaba Group is seen during Alibaba
FILE PHOTO: The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 18, 2018. REUTERS/Brendan McDermid/File Photo BENGALURU (Reuters) – A probe into Goldman Sachs Group Inc’s credit card practices has been initiated after tweets from a
FRANKFURT (Reuters) – Siemens (SIEGn.DE) Chief Executive Joe Kaeser on Friday lamented Germans who fail to recognize true visionaries and instead admire pot smokers who talk about space travel, only days after his deputy praised Tesla CEO Elon Musk. FILE PHOTO: Siemens CEO Joe Kaeser looks on before visit of German Chancellor Angela Merkel at
FILE PHOTO: Makan Delrahim, assistant Attorney General, Antitrust Division, U.S. Department of Justice speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 22, 2019. REUTERS/ Mike Blake BOSTON (Reuters) – The U.S. Justice Department antitrust chief said on Friday that existent U.S. antitrust laws are “flexible enough” to address harm caused by
FILE PHOTO: Telecom Italia logo is seen at the headquarter in Rozzano neighbourhood of Milan, Italy, May 25, 2016. REUTERS/Stefano Rellandini MILAN (Reuters) – Telecom Italia (TIM) (TLIT.MI) plans to spin off its data center operations and look for an investor ahead of a potential market listing, it said on Friday, after announcing a partnership
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk took to Twitter on Friday to taunt short-seller David Einhorn in an open letter after the hedge fund owner wrote to clients about losing money on his short position in the Silicon Valley car maker. FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk speaks
BOSTON (Reuters) – Facebook Inc on Thursday urged a judge not to force it to turn over records to Massachusetts’ attorney general disclosing thousands of apps the social media giant suspects misused users’ data, as part of a probe into its privacy practices. FILE PHOTO: Silhouettes of laptop users are seen next to a screen
FILE PHOTO: A sign is pictured outs a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Dave Paresh/File Photo/File Photo LISBON (Reuters) – The acquisition of companies for their data is concerning in general for regulators, Europe’s antitrust chief Margrethe Vestager said on Thursday, a week after Google bought
FILE PHOTO: A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. REUTERS/Gabrielle Lurie (Reuters) – Airbnb Inc will start a 24/7 hotline and review “high risk reservations” following the Halloween shooting incident in California, the home rental platform said in an
NAIROBI (Reuters) – A group of Kenyan banks on Wednesday committed 10 billion Kenyan shillings ($97 million) in loans to small and medium businesses under a new mobile phone-based loan service targeting a fast-growing segment which has traditionally been under-served. FILE PHOTO: Customers wait to be served in the banking hall at the Kenya Commercial