The US government is sharpening its antitrust scrutiny of Big Tech. The justice department and Federal Trade Commission last week divvied up antitrust oversight for Apple, Amazon.com, Facebook and Google.
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Amazon.com plans to spend billions of dollars building a network of thousands of satellites to provide broadband Internet service, CEO Jeff Bezos said.
Oracle announced on Wednesday that it has secured a cloud-computing alliance with Microsoft, an acknowledgment the database giant’s go-it-alone approach to the cloud wasn’t working.
Amazon has said it hopes to start delivering packages via drone “within months” as it unveiled its newest model with emphasis on safety.
The smart money is still on Europe taking the more adventurous and aggressive antitrust measures. But there’s no ignoring the shift on both sides of the Atlantic.
Amazon.com is developing a voice-activated wearable device that can recognise human emotions.
When Sony unveiled a cloud gaming pact with arch rival Microsoft, it surprised the industry. Perhaps no one was more shocked than employees of Sony’s PlayStation division.
Microsoft plans to spend more than R1.4-billion over five years to open its first development centres in Africa to work with local partners and governments, as well as hire engineering talent.
With $2-trillion added since Christmas, the Nasdaq 100 has a shot at beating the market for the 10th time in 11 years. But it may be taking on dot-com-era trappings.
Alphabet’s first-quarter revenue missed analysts’ estimates, sparking concern that advertisers are shifting some spending to digital rivals. Shares of Google’s parent company fell more than 7% following the results.