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...In a separate antitrust case, Brussels is consulting with Apple’s rivals over the tech giant’s concessions to appease worries that it is blocking financial groups from its Apple Pay mobile system....
...The EU’s probe into web apps would come after the March 6 deadline for companies to comply with the terms of the DMA, landmark legislation designed to tackle the power of Big Tech groups....
...Tech companies pushed back on Monday against suggestions of wrongdoing....
...The company estimates that 99 per cent of developers will see their fees reduced or maintained under the new system....
...Carriers big and small are hooked into the same system....
...A version of this article was first published by Nikkei Asia on March 11. ©2024 Nikkei Inc. All rights reserved....
...This has been driven by a buoyant market for business tech and some large corporate customers....
...He didn’t need the money after six years working in tech and the experience was not enjoyable. His last day delivering food was blazing hot....
...For years it was one of the few Big Tech companies to avoid major antitrust action by the US. Now it is under intense scrutiny from regulators in two of its key markets, the US and the EU....
...Regulator scrutiny is making tech M&A more onerous. Antitrust probes in the UK and EU have put a stop to Adobe’s $20bn deal to buy Figma. Amazon’s purchase of iRobot is under threat....
...Tech companies face a March 6 deadline to comply with the new Digital Markets Act....
...On the first day, I was introduced to the Financial Times San Francisco bureau’s rapid-fire Slack conversations....
...You can change programmes via a remote control or footswitch, but a lighting tech with know-how can adjust them manually....
...Some good news An app from a Spanish tech company is helping visually impaired travellers across the world navigate urban transport systems....
...The DMA has already led Apple to propose a series of changes to its iOS software, such as allowing users to download apps from other sources and access alternative payment systems....
...Enthusiasm for Big Tech stocks has accelerated thanks to hype around generative AI — systems that can spew out humanlike text, images and code within seconds — with the cutting-edge technology promising...
...‘Curse of 35’ As China’s tech sector struggles through an economic slowdown, bosses are making no secret that they favour younger and unmarried workers, the FT reveals....
...systems in the cloud....
...Apple has dragged its feet on this issue, since it maintains the practice will create security risks to its system....
...It will allow users in Europe to access rival app stores and payment systems on smartphones and tablets, for example, in a process called sideloading....
...It holds back, often ceding first-mover advantage to rivals, until it believes it has a sure-fire hit on its hands....
...Let’s put aside the fact that Google’s Android mobile operating system controls 70 per cent of the market worldwide (and 40 per cent in the US)....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...Investors love catchphrases for stocks and markets on fire. Around the time The Magnificent Seven was pulling in cinema crowds, markets were being led by what became known as the “Nifty Fifty”....
...to do serious damage to the super-profitable business model of some Big Tech company....
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