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.
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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.
5G networks will allow vast gobs of data to be transmitted at great speeds. And more data usually means more money for mobile carriers. But there’s a hitch. Cloud giants such as Amazon.com and Microsoft are lurking.
Amazon has unveiled a new version of its Oasis Kindle flagship e-reader, complete with an adjustable “warm light” to make it easier to read in changing light conditions.
Mega-cap technology and Internet stocks rallied on Monday, extending a recent advance as concerns eased over global trade tensions.
Last week, Amazon.com held its first-ever conference devoted to technological frontiers. The message: the future is good, and so is Amazon’s role in it.
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.
Amazon.com plans to spend billions of dollars building a network of thousands of satellites to provide broadband Internet service, CEO Jeff Bezos said.