Congressmen propose drastic changes in antitrust law to crack down on Big Tech

D.C. 06/12/21, 01:33

A group of congressional lawmakers is aiming at tech giants with their antitrust concerns. They proposed five anti-trust bills which could force big tech to overhaul or even break up the sector's increasingly dominant business empires. The package bills introduced by a bipartisan group in Congress on Friday, June 11, primarily ...

Parler will be back on Appstore

U.S. 04/20/21, 16:47

In a letter on Monday, Apple wrote that since Parler had agreed to modify its content, the free speech app will be returned to the iOS market for download. In the letter sent to members of Congress, including Rep. Ken Buck (R-Colo.) and Sen. Mike Lee (R-Utah), senior Apple director for ...

Antitrust: CEOs of Google, Facebook, Amazon, and Apple to testify before Congress

U.S. 07/03/20, 14:01

The CEOs of Google, Facebook, Amazon, and Apple have pledged to testify before the House Judiciary Committee, which is continuing its inquiry into allegations that these large companies dominate the online advertising market, Fox News confirmed. The move has the support of both the Republicans and Democrats, in addition to British ...

Apple focuses on speed, privacy with new software

U.S. 06/04/19, 08:14

Apple on Monday, June 3, announced upcoming changes to its phone and computer software intended to highlight its increasing emphasis on digital services and to further position it as a fierce guardian of personal privacy. Julie Ask a technology analyst at Forrester Research, said, "There's a lot more transparency of ...

Boeing, Apple lead market higher as trade talks loom

Business 01/30/19, 10:19

Stocks opened broadly higher on upbeat results from key U.S. companies as Wall Street awaits the U.S. Federal Reserve's latest action on interest rates and the opening of trade talks between the U.S. and China. Apple gained ground after investors brushed off a slide in iPhone sales. Boeing soared as it ...

Apple cuts jobs in shakeup of self-driving car division

Business 01/24/19, 16:17

Apple is reducing the size of its workforce assigned to driverless car technology as the company reorganizes amid weakening sales of iPhones, its biggest moneymaker. The company acknowledged the cutbacks in a Thursday statement, without specifying the number of jobs affected. CNBC reported that more than 200 employees were dismissed from ...

Asia shares mixed, Shanghai down after Apple sales warning

Business 01/03/19, 01:38

Asian markets were mixed on Thursday after tumbling more than 1 percent on the first trading day of 2019. Apple downgraded its sales projections, citing slowing Chinese growth, hitting technology shares in South Korea and Taiwan. The Japanese yen, seen as a relatively safe asset, strengthened against the dollar, euro ...

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