Business

New EU law leaves Big Tech facing major rethink

From Amazon shoppers to iPhone owners, the world faces a rethink in the way it interacts with Big Tech, thanks to a new law agreed by the European Union on Thursday.

Business

Five things to know about the EU's landmark digital act

EU lawmakers and officials have agreed the main points of a landmark piece of legislation, known as the Digital Markets Act (DMA), that aims to loosen the grip held by Big Tech on life online.

Business

Online privacy and profit clash with fortunes at stake

Facebook and Google are under growing pressure to better balance privacy and ad-targeting—with their fortunes at stake as users rebel, regulators loom and Apple pounces on the moment to polish its image.

Business

US lawmakers advance Big Tech competition bill

A US Senate panel endorsed legislation Thursday that would block tech giants from prioritizing their products over those of smaller rivals, a potentially major reform that will face a tough fight in Congress.

Business

EU ministers back bloc's Big Tech clampdown

European Union member states on Thursday agreed their common position on two landmark legislations that could set unprecedented oversight on Big Tech.

Business

Italy hits Amazon, Apple with 200 mn euro antitrust fine

Italy's competition watchdog imposed fines totalling over 200 million euros ($225 million) on Amazon and Apple Tuesday in the latest action taken against US tech giants in Europe over their business practices.

Business

China's 'Single's Day' shopping fest subdued by tech crackdown

China on Thursday held a subdued version of its annual "Single's Day" shopping spree, shorn of the usual boasting on sales volume as the country's chastened e-commerce sector kept a lower profile amid a government crackdown ...

Business

Europe bolsters pioneering tech rules with help from Haugen

European lawmakers have pioneered efforts to rein in big technology companies and are working to strengthen those rules, putting them ahead of the United States and other parts of world that have been slower to regulate Facebook ...

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