Economy Apr 26 Microsoft-Activision gaming deal blocked by British regulators The biggest tech deal in history was thwarted over worries that it would stifle competition in the fast-growing cloud gaming market.
World Apr 04 TikTok fined nearly $16M by U.K. watchdog over misuse of childrens’ data The Information Commissioner's Office said it issued a fine of 12.7 million pounds ($15.9 million) to the short-video sharing app, which is wildly popular with young people.
Politics Mar 23 WATCH: TikTok CEO grilled by skeptical lawmakers on safety, content U.S. lawmakers grilled the CEO of TikTok over data security and harmful content Thursday, responding skeptically during a tense committee hearing to his assurances that the hugely popular video-sharing app prioritizes user safety and should not be banned.
Nation Mar 21 TikTok updates app rules ahead of CEO’s U.S. congressional hearing TikTok went on a counteroffensive amid increasing Western pressure over cybersecurity concerns, rolling out updated rules and standards for content as its CEO warned against a possible U.S. ban on the Chinese-owned video sharing app.
Economy Feb 08 Microsoft’s Activision Blizzard deal will hurt gamers, UK antitrust watchdog says Microsoft's stalled $68.7 billion deal to buy video game company Activision Blizzard has hit a fresh hurdle in the United Kingdom.
Economy Jan 23 Spotify becomes latest tech company to announce layoffs Music streaming service Spotify said Monday it’s cutting 6% of its global workforce, or about 600 jobs.
Economy Jan 20 Google cuts 12,000 jobs as layoffs spread across tech industry Google says it's laying off 12,000 workers, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbs. The Silicon Valley giant's CEO Sundar Pichai shared the news Friday in…
World Jan 11 Report warns the cost-of-living crisis may overshadow climate change A report by the World Economic Forum says climate change is the global economy's biggest long-term challenge but one the world is least prepared to tackle because of short-term problems led by a cost-of-living crisis.
World Jan 06 European inflation slows but cost of living remains high Europe ended a bad year for inflation with some relief as price gains eased again. While the cost of living is still painfully high, the slowdown is a sign that the worst might be over for weary consumers.
World Jan 04 European Union fines Facebook parent Meta 390M euros for privacy violations European Union regulators have hit Facebook parent Meta with hundreds of millions in fines for privacy violations and banned the company from forcing users in the 27-nation bloc to agree to personalized ads based on their online activity.