Big Tech

Big Tech
Tech Giants Object to Covering Cost of EU Telecom Upgrades
February 23, 2023

The European Commission is trying to determine who should pay to upgrade Europe’s telecom system. 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,...

Big Tech
Google Parent Alphabet Cutting 12K Jobs in ‘Different Economic Reality’
January 20, 2023

Google parent Alphabet is cutting 12,000 jobs as it adjusts to the current macroeconomic environment. 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,...

Big Tech
Microsoft Cuts 10K Jobs as Consumers ‘Do More With Less’
January 18, 2023

Microsoft is laying off 10,000 workers, part of an ongoing wave of tech job cuts. 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,...

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Ten Big Tech Stocks Lost $4.6T Market Cap in 2022
January 02, 2023

The 10 top tech stocks lost a combined $4.6 trillion in market cap in 2022.  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,...

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Musk Declares Ceasefire in ‘War’ Against Apple
December 01, 2022

Elon Musk’s “war” against Apple has apparently halted, according to the Twitter CEO. 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....

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EU Regulators Lobbied to Address Big Tech Cloud Market Abuse
November 24, 2022

The big three cloud service providers — Amazon Web Services, Microsoft Azure and Google Cloud — account for nearly three-quarters of the European cloud market, according to data published by Synergy Research Group. Get the Full Story Complete the form to unlock this article and...

Big Tech
Investor Calls on Google Parent Alphabet to Cut Costs
November 15, 2022

Investor TCI Fund Management has called on Google parent company Alphabet to reduce its headcount, lower its compensation and cut its losses in self-driving car project Waymo and related efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Big Tech
Big Tech Q3 Revenue Takes Hit Amid Rising Data Center Energy Cost in Europe
October 30, 2022

In the week that Amazon, Alphabet, Meta, Microsoft and other Silicon Valley Big Tech firms announced their third quarter (Q3) earnings, the general picture reflected a worldwide slowdown in spending as most of the firms posted weaker-than-expected quarterly results. Get the Full Story Complete the...

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FCA Exploring Implications of Big Tech Entry Into Financial Services
October 25, 2022

As the likes of Google and Apple have diversified their offering to include payments and other financial services, the U.K.’s Financial Conduct Authority (FCA) is looking to understand the consequences of this trend for competition. Get the Full Story Complete the form to unlock this...