The wealthiest 500 people on Earth lost 2.1% of their collective net worth on Monday as US stocks plunged in their biggest drop this year.
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Apple said on Thursday it is suspending its global internal programme for “grading” a portion of user Siri commands after some consumers raised concerns.
France stuck to its plan to tax big multinational technology companies, defying US President Donald Trump’s suggestion that he might impose tariffs on French wine.
US President Donald Trump has promised to retaliate against France for adopting a pioneering tax on Internet giants such as Google, Amazon and Facebook.
Now that the antitrust cops are coming in the door, the technology powers need to freshen their playbook in how they rebut questions about their size, power and influence.
The US government is to examine if big technology firms have hurt competition or suppressed innovation as part of a new antitrust investigation.
US technology giants are headed for their biggest antitrust showdown with congress in 20 years as lawmakers and regulators demand to know whether companies such as Google and Facebook use their dominance to squelch innovation.
Amazon.com is developing a higher quality version of the Echo speaker and ramping up work on its home robot.
German economics minister Peter Altmaier plans to build up a German cloud service to allow European companies to store data independent of Asian or US rivals such as Amazon.com.
IBM closed its $34-billion purchase of Red Hat, sealing the world’s second largest technology deal ever and setting up the US technology company on a path to try and compete with top software purveyors in the cloud.