The European Commission has opened a San Francisco office to help ease the flow of communication between the European Union’s executive branch and California-based Big Tech firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Snap will lay off around 20% of its workforce, Bloomberg wrote. 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 completing...
An Australian regulator has sent legal notices to several Big Tech companies requiring them to explain what they are doing to prevent the use of their platforms for child sexual exploitation, requiring them to respond within 28 days and saying they will face penalties of...
Twitter has restated its position that spam accounts represent less than 5% of its members as the social media platform prepares for a legal battle against the world’s richest man. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
China’s Tencent Holdings wants to sell most — if not all — of its stake in the food delivery platform Meituan as the government cracks down on the country’s Big Tech companies. Get the Full Story Complete the form to unlock this article and enjoy...
Microsoft is asking employees to cut back on spending on things like travel, training and company events in an effort to keep costs under control. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The bipartisan antitrust bill targeting Big Tech companies like Amazon, Apple and Google is being kicked to the fall election season as Congress readies for its overdue five-week recess after staying late and hustling to pass several pieces of legislation, including the long-awaited climate, tax...
Big Tech companies have been in the spotlight for most of 2022, from antitrust concerns to allegations of harmful content in their platforms or violations of freedom of speech. But in addition to the enforcement actions taken by regulators, the most notorious development in the...
Orange CEO Christel Heydemann said Big Tech has been “forcing” phone companies to invest more in boosting network qualities while not helping to meet the cost, according to a report from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
