BRUSSELS (Reuters) – Facebook is suing EU antitrust regulators for seeking information beyond what is necessary, including very personal details, for their investigations into the company’s data and market, the social media group said on Monday. from USA FILE PHOTO: A 3D printed Facebook logo seen on a keyboard is …
Read More »Australian regulator says Google misled users about data privacy issues
SYDNEY (Reuters) – Australia’s competition regulator accused Google of Alphabet on Monday (GOOGL.O) to trick consumers into obtaining permission to use their personal data for targeted advertising, seeking a fine “in the millions” and with the aim of setting a precedent. FILE PHOTO: A 3D printed Google logo is seen …
Read More »Big Tech CEOs Prepare Defenses for US Congress to Hear Its Growing Power
WASHINGTON (Reuters) – CEOs of four of the largest technology companies in the US plan to deflect criticism next week at a congressional hearing on their use of market power to harm their rivals by saying that they themselves They face competition and discredit claims that they are so dominant. …
Read More »How Tesla defined a new era for the global auto industry
FRANKFURT / BEIJING / DETROIT (Reuters) – Tesla Inc’s (TSLA.O) The rapid rise to become the world’s most valuable automaker could usher in a new era for the global auto industry, defined by a Silicon Valley approach to software that is surpassing old-school manufacturing insights. . FILE PHOTO: Tesla Inc …
Read More »S&P 500 turns positive for 2020, but most stocks miss the party
NEW YORK (Reuters) – The US S&P 500 benchmark is now positive for the year, yet most of its components have passed the rebound. FILE PHOTO: Traders wearing masks work, the first day of in-person trading since closing during the outbreak of coronavirus disease (COVID-19) on the floor of the …
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