Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. European Commission Provides Apple With ‘Statement Of Objections’ Over App Store Rules The European Commission has provided Apple with its preliminary opinion that it “distorted competition” in the music streaming...
China-based Tencent Holdings saw its stock plunge so sharply that the company lost $62 billion in value. The loss in valuation, which occurred in Friday (March 12) and Monday (March 15) stock trading, may have wiped out most of the value of its online finance...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. Maryland Proposal Would Prohibit Big Tech From Passing Digital Ad Taxes To Small To Medium-Sized Businesses (SMBs) Proposed legislation that would make exemptions to Maryland’s new...
After investing in over 800 firms, Chinese tech company Tencent Holdings said it would bolster its international investments and in industries like “smart retail.” According to a speech Tencent President Martin Lau made at a conference, those companies include 70 listed firms, and more than 160 have...
January 02, 2023
The 10 top tech stocks lost a combined $4.6 trillion in market cap in 2022. Amazon led the way by losing about $856 billion in market cap — nearly half its market valuation — over the last 12 months, Seeking Alpha reported Saturday (Dec. 31). Alphabet, the parent company of Google, saw the next biggest […]
March 15, 2021
China-based Tencent Holdings saw its stock plunge so sharply that the company lost $62 billion in value. The loss in valuation, which occurred in Friday (March 12) and Monday (March...
January 20, 2020
After investing in over 800 firms, Chinese tech company Tencent Holdings said it would bolster its international investments and in industries like “smart retail.” According to a speech Tencent President Martin Lau...
July 19, 2017
Flipkart, the Indian eCommerce company moved to raise its offer of to up to $950 million for Snapdeal, boosting the chances of the deal going through. According to a report...
