FTC and 17 states sue Amazon on antitrust charges
The Federal Trade Commission has filed its long-anticipated antitrust lawsuit against Amazon.In a sweeping complaint filed in federal court in ...
Tag: Breaking News: Technology
Carousell says it’s ‘on track’ to profitability, plans to reduce losses this year
Secondhand goods marketplace Carousell expects to "healthily" reduce its losses this year, putting it on track to profitability, the firm's ...
Spotify will use AI to replicate podcasters’ voices and translate them to other languages
Spotify CEO Daniel Ek joins author and comedian Trevor Noah to discuss the future of storytelling at Spotify Beach in ...
Amazon to invest up to $4 billion in Anthropic, a rival to ChatGPT developer OpenAI
The regulator was concerned with Amazon's dual role as both a marketplace and a competitor to merchants selling on its ...
Huawei stays silent on secretive 5G phone at high-profile product launch
Customers experience the new Mate 60 Pro smartphone at a Huawei-branded store in Shanghai, China, September 5, 2023.Nurphoto | Nurphoto ...
Apple’s iPhone 15 launches in China with people flocking to stores — even as Huawei revival emerges
Hundreds of people lined up at a flagship Apple store in Beijing to pick up the new iPhone 15 when ...
Wall Street’s ‘meh’ response to tech IPOs shows Silicon Valley’s valuation problem
Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023.Courtesy: NasdaqAfter a 21-month tech IPO freeze, the market has ...
UK regulator says it may clear Microsoft’s new Activision Blizzard takeover offer
Microsoft submitted a new proposal to U.K. regulators for the takeover of American game publisher Activision Blizzard after its initial ...
New York is a tech startup hotbed after almost a decade-long run of IPOs
Olivier Pomel, co-founder and CEO of Datadog, speaks at the company's Dash conference in San Francisco on Aug. 3, 2023.DatadogAlbert ...
Scooter company Bird delisted from NYSE after stock collapse, will trade over the counter
Woman rides a Bird e-scooter in southern California.Bird, a provider of electric scooters that consumers can rent in cities, said ...
