Business

EU launches in-depth probe into Amazon over data use

The EU's powerful antitrust authority launched an in-depth investigationinto Amazon on Wednesday, amid suspicions the US-based internet behemoth misuses merchant data hosted on its website.

Internet

Instagram adds video clips in challenge to TikTok

Instagram on Wednesday added a new short-form video feature to the image-focused platform in a direct challenge to TikTok, which is in the crosshairs of US President Donald Trump.

Business

Bankman-Fried dodges questions during his US crypto trial

Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, parried with a federal prosecutor on Thursday in high-stakes legal jousting at his criminal fraud trial that seemed to frustrate the judge.

Internet

Why Facebook's new 'privacy cop' is doomed to fail

The Federal Trade Commission issued its largest-ever fine, of US$5 billion, to Facebook for violating a 2011 privacy settlement in late July. But the amount is only about a month's worth of the company's revenue, suggesting ...

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