Big Tech

Big Tech
Instagram CEO Still Wants to Maintain Social Media Site for Younger Children
December 08, 2021

Instagram CEO Adam Mosseri doesn’t want to officially commit to ending his plans for a version of the social media platform for children under 13 years old, CNBC reported Wednesday (Dec. 8). Get the Full Story Complete the form to unlock this article and enjoy...

Big Tech
CFPB’s New Director Hones in on Largest Big Tech Players
December 03, 2021

Consumer Financial Protection Bureau director Rohit Chopra, a former Federal Trade Commission member, is taking a closer look at Amazon.com, Apple, Facebook parent Meta Platforms, Google parent Alphabet and other technology giants in his new role, according to a Bloomberg report Friday (Dec. 3).  Get...

Big Tech
Big Tech Firms Reset After New EU Regulations; Microsoft Has Its Eyes on Sweden
November 19, 2021

Big Tech firms didn’t have it easy last week, as the European Union clamped down on some of the world’s largest technology companies with hefty fines, warnings and upcoming regulations that are bound to ruffle feathers in the coming weeks and months. Get the Full...

Big Tech
Epic CEO Tim Sweeney Wants Unified App Store
November 16, 2021

On Tuesday (Nov. 16), Epic Games Inc. CEO Tim Sweeney pushed for a universal app store in an interview with Bloomberg that also included the executive blasting Apple Inc. and Alphabet Inc.’s Google for their mobile duopolistic behavior. Get the Full Story Complete the form...

Big Tech
Metaverse: Big Tech and Wall Street Seek Real Profits in Virtual Space
November 16, 2021

While technology enthusiasts and gaming and social media platforms are busy talking up the other-worldly experiences we’re all going to enjoy in the metaverse, a growing number of other players are focusing on a different digital opportunity, and rushing to find new ways to make...

Big Tech
Big Tech Firms Face Tough Week Following EU Clamp-Down
November 12, 2021

The wrangling between Europe and Big Tech firms took a significant step up this week, as the European Union (EU) toughens its grip on some of the world’s largest technology companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Big Tech
Vestager Hints at Broader US-EU Collaboration on Big Tech Regs
October 14, 2021

Once in a while, an old adage may be tweaked a bit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Big Tech
BIS GM Raises Caution on Big Tech’s Move Into Finance
October 11, 2021

Be wary of Big Tech’s increasing reach into financial services, says Agustín Carstens, general manager for the Bank of International Settlements (BIS). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...