06/08/2020

Business

How open data could tame Big Tech's power and avoid a breakup

On July 29, the heads of Amazon, Apple, Facebook and Google testified (virtually) in front of the U.S. House Judiciary Committee's antitrust subcommittee to defend their dominant market positions in advertising (Facebook ...

Business

US wants to eliminate Chinese apps from US app stores

The US is expanding its China-targeted Clean Network program to include Chinese-made cellphone apps and cloud computing services that it claims are security risks, Secretary of State Mike Pompeo announced Wednesday.

Business

Brussels Airlines lost 182 mn euros in six months

Belgium's biggest airline, Lufthansa subsidiary Brussels Airlines, said Thursday it had lost 182 million euros in the first six months of 2020 because of the coronavirus crisis.

Business

Toyota warns of 64% drop in full-year net profit

Toyota on Thursday warned of a 64 percent drop in full-year net profit and reported a slump in quarterly earnings, as the coronavirus pandemic shreds the global auto market.

Business

California sues Uber, Lyft for driver wage theft

California has filed lawsuits against Uber and Lyft for alleged wage theft by misclassifying their drivers as independent contractors rather than employees, the Labor Commissioner's Office said Wednesday.

page 3 from 4