Enlarge / Fortnite on an iPhone… back when that was a thing. (credit: Savusia Konstantin | Getty Images) Epic Games, maker of Fortnite, is loading up a new map in its ongoing fight against Apple as it files an antitrust complaint against the mobile phone maker in the European Union. Epic alleges in its complaint […]
Enlarge / Some current Arm licensees view the proposed acquisition as highly toxic. (credit: Aurich Lawson / Nvidia) In September 2020, Nvidia announced its intention to buy Arm, the license holder for the CPU technology that powers the vast majority of mobile and high-powered embedded systems around the world. Nvidia’s proposed deal would acquire Arm from Japanese conglomerate […]
Facebook appears to be relying on its age-old playbook even as antitrust regulators investigate the company for anti-competitive behavior. The social media app, which is under investigation by the Federal Trade Commission and 46 states, has a history of cloning popular features from its buzzy competitors. The latest target? None other than the Clubhouse, the […]
Increased scrutiny of Big Tech’s power may have some shareholders sweating it. But not so for private investors. With a new Biden administration and recent threats to crack down on some of the biggest tech behemoths (from Facebook to Amazon), there seems to be support for more regulation. And according to alternative investment manager Hamilton […]
Enlarge / Amazon Web Services (AWS) logo displayed during the 4th edition of the Viva Technology show at Parc des Expositions Porte de Versailles on May 17, 2019, in Paris, France. (credit: Chesnot | Getty Images) Amazon on Tuesday brought receipts in its response to seemingly defunct social networking platform Parler’s lawsuit against it, detailing […]
Google has a habit of inviting regulatory scrutiny on both privacy and antitrust fronts, so why not both at once? On Friday, the U.K.’s competition watchdog opened a formal investigation into Google over supposedly pro-privacy changes the company is making to its market-leading Chrome browser. The government group said it will review whether the proposed […]
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. The Biden administration is expected to take a tougher stance against acquisitions than President Trump’s while continuing a recent flurry of antitrust cases against Big Tech. “Antitrust law and policy are poised for a course […]
Chinese regulators ordered Jack Ma’s online financial titan Ant Group Co. to return to its roots as a provider of payments services, threatening to throttle growth in its most lucrative businesses of consumer loans and wealth management. The central bank summoned Ant executives over the weekend and told them to “rectify” the company’s lending, insurance, […]
Expand / Signage Before a building in the Google campus in Mountain View, California, on Wednesday, Dec. 16, 2020. (charge: David Paul Morris | Bloomberg | Getty Images) Over three dozen state attorneys general a week filed an antitrust lawsuit against Google, accusing the technology behemoth of a ton of anticompetitive behaviours. One of those […]
Google gained European Union endorsement for its 2.1 billion takeover of wellness tracker Fitbit Inc., days later authorities suggested harder rules to curtail powerful technology companies’ drive into new solutions. The European Commission explained Google’s assurance to keep accessibility for rival wellbeing and exercise programs and device manufacturers for 10 years removed its own concerns […]