The European Union wants to arm itself with new powers to penalise big technology companies, the Financial Times reported on Sunday.
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US President Donald Trump told Oracle’s Larry Ellison and Walmart’s Doug McMillon that he still wants the government to receive a payment as part of a deal for the US operations of TikTok.
The US commerce department issued order on Friday that will bar people in the US from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok.
Ericsson has agreed to buy Cradlepoint in a $1.1-billion deal, the Swedish telecommunications gear maker said on Friday, as part of plans to expand its 5G-related products for business customers.
China’s ByteDance is planning a US initial public offering of TikTok Global, the new company that will operate the popular short-video app, should its proposed deal be cleared by the US government
US President Donald Trump raised questions on Wednesday about plans by China’s ByteDance to keep a majority stake in the US operations of popular social media platform TikTok.
Snowflake soared as much as 130% in its trading debut on Wednesday after raising $3.4-billion in an initial public offering, giving it a market value of more than $70-billion.
Apple is asking a court to reject Epic Games’ latest bid to get Fortnite back on the App Store, saying the game maker is acting as “a saboteur, not a martyr” in its challenge to Apple’s payment system.
Spotify Technology has criticised rival Apple, saying that a new subscription bundle offer from the iPhone maker abuses its dominant market position by favouring its own Apple Music service.
A senior Chinese official has accused the US, which forced the sale of TikTok on national security grounds, of “economic bullying”, while lambasting European Union restrictions on Huawei.