Shares of Apple Inc. AAPL, + 1.19% traded 1.20% to $ 503.43 on Monday over what proved to be a very positive trading session for the stock, with the NASDAQ Composite Index COMP, + 0.60% rising 0.60% to 11,379.72 and the Dow Jones Industrial Average DJIA, + 1.35% increasing 1.35% …
Read More »Step down to Amazon, you could quickly order ‘everything’ with Tata’s super-app
India’s Tata Group is reportedly looking to roll out a ‘super-app’ that will pit it against rivals, including Amazon AMZN, + 0.09% and billionaire Mukesh Ambani-controlled Reliance Industries, in one of the fastest growing e-commerce markets in the world. The new digital platform, which will launch in India in December …
Read More »Will video games be the Achilles’ heel for Apple, Google in anti-trust surveys?
It could finally be game for anti-trust actions against Big Tech. As gaming grows in stature in the lives of Americans during the pandemic, it has highlighted the extraordinary grip that two of the four tech companies investigating over the white-hot industry. Business of Epic Games Inc. against the online …
Read More »California is making bold moves to tackle Big Tech with Uber and Lyft showdown
As California becomes one of the first states to take over Big Tech in the ongoing battle over the employment status of Uber and Lyft drivers, the scofflaw ride-hailing companies are now working their political contacts to prevent them from complying with a law that has been on the books …
Read More »Alibaba earnings analysts have cheered ‘V-shaped recovery’, but stock falls
Alibaba Group Holding Ltd. said most of its companies are now back to “healthy growth” as China recovers from the COVID-19 crisis. The Chinese e-commerce giant topped revenue and revenue expectations with its fiscal report in the first quarter beginning Thursday, although its shares were 1.6% off in midday trading. …
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