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

Amazon, Apple weighed down by supply and chip troubles

Amazon and Apple announced billions of dollars in quarterly profits on Thursday, but supply chain bottlenecks and the global chip shortage dented the tech giants, which have been riding a pandemic-stoked boom.

Business

EU inches towards big tech clampdown

The European push to curb the power of big tech and radically transform the way Facebook, Apple or Google do business is gaining traction though efforts could still be derailed.

Business

Big Tech made billions during 'war on terror': report

Tech giants made billions through contracts with the US military and other government agencies during the so-called "war on terror", according to a report released ahead of the 20th anniversary of 9/11.

Internet

China passes tough new online privacy law

China passed a sweeping privacy law aimed at preventing businesses from collecting sensitive personal data Friday, as the country faces an uptick in internet scams and Beijing targets tech giants hoovering up personal data.

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