Tech Giants news and trends

Study: FIs Must Be Stronger To Prepare For Economic Slump
Banking // October 22, 2019

McKinsey’s annual review of global banks shows that financial institutions are generally not strong enough to weather an economic slump, Bloomberg reported on Monday (Oct. 21). “We believe we’re in the late economic cycle and banks need to make bold moves now because they are...

Why Big Tech’s Regulatory Reshaping Is Not So Cut And Dried
Regulation // June 04, 2019

Might it be the end of an era – where the drum beats are growing louder and the song will remain anything but the same? We’re not talking about iTunes and its shuttering, though Apple figures heavily in the discussion. So do Facebook, Google, Amazon...

Tech Giants’ Stocks Sink Amid Regulatory Probes
Regulation // June 03, 2019

Shares in some tech giant companies fell on Monday (June 3) after news of potential oversight and antitrust investigations into the companies, according to a report by CNBC. Shares in Facebook were down 8 percent after a Wall Street Journal story revealed the Federal Trade...

FSB: Tech Giants Will Shake Up Financial Industry
Banking // February 14, 2019

The Financial Stability Board (FSB), a global finance regulator, warned that the proliferation of eCommerce giants like Facebook, Amazon, Alibaba and Apple in the financial sector is expected to continue and will disrupt the industry, according to a report. Banks are expected to increasingly feel...

Quick Reads
Apple Targets India For Online, Retail Push

February 27, 2020
Apple‘s annual shareholder meeting at the Steve Jobs Theater on Wednesday (Feb. 26) addressed expansion plans in India, and the effects of the coronavirus, among other things. The tech giant is planning to open an online store in India later this year, according to CEO Tim Cook. Apple will also open a brick-and-mortar store in the […]

Study: FIs Must Be Stronger To Prepare For Economic Slump

October 22, 2019
McKinsey’s annual review of global banks shows that financial institutions are generally not strong enough to weather an economic slump, Bloomberg reported on Monday (Oct. 21). “We believe we’re in...

Tech Giants’ Stocks Sink Amid Regulatory Probes

June 03, 2019
Shares in some tech giant companies fell on Monday (June 3) after news of potential oversight and antitrust investigations into the companies, according to a report by CNBC. Shares in...

FSB: Tech Giants Will Shake Up Financial Industry

February 14, 2019
The Financial Stability Board (FSB), a global finance regulator, warned that the proliferation of eCommerce giants like Facebook, Amazon, Alibaba and Apple in the financial sector is expected to continue...