g7 G7 Nations Reach Historic Global Minimum Tax Agreement The Group of Seven secures a landmark deal to close cross-border tax loopholes used by massive tech companies. World leaders and corporate executives weigh in on the historic pact.
g7 G7 Finance Ministers Land Historic Global Tax Reform Deal G7 finance ministers agree on a landmark global tax reform that requires multinational tech companies to pay at least 15% tax in the countries where they operate.
cloud infrastructure Cloud Infrastructure Market Surges 33% to Reach $33 Billion in Q3 The pandemic continues to accelerate cloud adoption as the top three providers report a combined $33 billion in quarterly revenue. Amazon maintains its dominant lead, while Microsoft and Google trail behind in second and third place respectively.
apple Apple Defends Hong Kong Data Handling Amid New Security Law Concerns Apple explains that Hong Kong user data remains stored in the U.S. and requires Justice Department approval before any handovers. The company plans to detail its response to the new national security law in an upcoming transparency report.
antitrust Tech Giants Face Antitrust Grilling Before Congress The CEOs of Apple, Facebook, Amazon, and Google appear before lawmakers to address monopolistic concerns. The high-profile hearing marks a major step in the government's investigation into big tech power.
google Google Delays U.S. Office Reopening Until September Amid COVID-19 Surge Google pushes back its plans to reopen U.S. offices to September 7 as the country experiences record-breaking daily COVID-19 case numbers. The company also extends work-from-home options for employees through the end of the year.
epic games Epic Games Sues Apple and Google Over Fortnite App Store Removal Epic Games files antitrust lawsuits against Apple and Google after both tech giants remove Fortnite from their app stores for bypassing standard payment fees.
clearview ai Major Tech Platforms Demand Facial Recognition Firm Clearview AI Stop Scraping User Data Around half a dozen major tech companies are sending cease-and-desist letters to Clearview AI to stop the controversial facial recognition firm from scraping user images. The pushback comes after reports reveal law enforcement uses the massive database to quickly identify suspects.
amazon Amazon's HQ2 Search Reportedly Driven by Bezos Rivalry With Musk A new report suggests Jeff Bezos pursues the massive HQ2 project primarily out of competitive envy toward Elon Musk. The controversial headquarters search ultimately faces intense public backlash and ends in failure.
google Google Joins Apple and Microsoft in the Trillion-Dollar Club Alphabet, Google's parent company, reaches a $1 trillion market valuation, making it the fourth US tech giant to hit the milestone alongside Apple, Microsoft, and Amazon.
apple Apple Takes Privacy Fight to CES With Giant Billboard Apple crashes the Consumer Electronics Show in Las Vegas with a massive billboard promoting its commitment to user privacy. The bold move targets competitors who regularly collect and sell personal data.
digital health Tech Giants Battle for Control of Unlocked Digital Health Records New federal data-sharing rules unleash an unprecedented wave of healthcare data access, sparking a fierce competition between Apple and Google. Patient advocates worry that moving sensitive medical information into consumer tech apps strips away vital privacy protections.
yahoo japan Yahoo Japan and Line Agree to Merge to Counter US and China Tech Giants Z Holdings and Line Corp. reach a basic merger agreement to create a massive Japanese internet conglomerate with over 100 million users. The combined entity aims to compete with dominant American and Chinese tech companies by focusing on AI-driven solutions.
facebook Facebook Faces Backlash Over Secret Audio Transcriptions by Contractors Facebook reportedly uses third-party contractors to transcribe user audio from Messenger without explicit permission. The social giant halts the practice as it joins Amazon, Google, and Apple in facing audio privacy scrutiny.
microsoft Microsoft Briefly Joins Trillion-Dollar Club After Strong Earnings Microsoft becomes the third U.S. company to briefly surpass a $1 trillion market cap following an impressive quarterly earnings report. The milestone serves as a major bragging right and highlights the company's massive growth over the past year.