MAILOD
Breaking up Big Tech in focus as new U.S. antitrust bills introduced
The U.S. Capitol is seen at sunrise. Washington, U.S. January 11, 2021. REUTERS/Erin Scott A bipartisan group of lawmakers in the U.S. House of Representatives introduced four bills on Friday aimed at reining in the power of the tech giants, with one potentially leading to their break-up. Two of the bills address the issue of …
U.S. tech giant shares unmoved on G7 tax deal
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo Shares in U.S. technology giants were flat to slightly lower in premarket trading, little changed by the landmark global minimum corporate tax dealagreed between the world’s richest nations. The Group of Seven (G7) advanced economies agreed on Saturday to back a …
BMO investment arm sold Microsoft over U.S. Army headset deal
A Microsoft logo is seen on an office building in New York City, U.S. on July 28, 2015. REUTERS/Mike Segar/File Photo A responsible-investment arm of Canada’s Bank of Montreal (BMO.TO) sold roughly $275 million worth of Microsoft Corp (MSFT.O) shares because of the company’s recent U.S. Army contract for augmented reality headsets, a bank spokesman …
French watchdog warns of big tech’s sway over payment services
A man uses an iPhone 7 smartphone to demonstrate the mobile payment service Apple Pay at a cafe in Moscow, Russia, October 3, 2016. REUTERS/Maxim Zmeyev Digital payment services developed by U.S. tech giants such as Apple (AAPL.O) and Alphabet’s Google (GOOGL.O) risk reinforcing their market power by giving them greater sway over consumers’ data, …