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...The three tech giants are vying to increase their shares of the cloud market — the business drives Amazon’s overall profits in particular — and must remain competitive in AI to hold on to their customers...
...CBOE’s BZX equities exchange features in the second chart because of just one stock, CBOE Global Markets Inc. None of this constitutes a scoop, we’ll be honest, but it’s a Friday....
...The adoption of the EU’s Digital Markets Act, which came into force this week, amounts to a giant experiment in government micromanagement of everything from Apple’s App Store to the Google search engine...
...The US military said the Houthis fired an anti-ship ballistic missile at the Gibraltar Eagle, which is owned by Connecticut-based Eagle Bulk Shipping, at 4pm local time....
Regulators in Washington and the EU have tech giant in their crosshairs at particularly challenging time
...A version of this article was first published by Nikkei Asia on March 11. ©2024 Nikkei Inc. All rights reserved....
...West coast editor Richard Waters says the magnitude of the EU’s giant test in micromanagement is hard to overstate....
...It’s a classic case of how tech giants use network power to maintain monopolies in ways that reduce innovation (Apple of course says all this is nonsense)....
...Amid New Orleans festivities, rainmakers wonder if the party is over for Delaware Delaware, Inc. may be the enterprise now under the most intense activist threat....
Plus, the Body Shop faces a financial cleanse and Japan inks a giant semiconductor deal
The streaming giant has avoided pricey live programming but is betting fans will migrate to the pay-platform
...has recommended that Disney’s investors support Nelson Peltz’s pitch for a seat on its board of directors, breathing life into the billionaire activist’s struggling campaign ahead of the entertainment giant...
...Equity High Income Ucits ETFs, which have been listed in Frankfurt and Amsterdam, are the US fund giant’s first ETFs aimed at investors in Europe that integrate an active, systematic strategy into the ETF...
...But there is a strategy behind the Chinese electric vehicle giant’s move to widen its range of offerings — not only by price point but also by fuel type....
...Critics and rivals, including Epic, have argued the tech giant’s plans to also introduce new fees for developers seeking to launch or use rival app stores will stymie competition and should provoke EU regulators...
AI could be a game-changer for many of the tech giants
...In comparable decisions, Google has been fined roughly a total of €8bn over a decade for infringements of antitrust law although the search giant is contesting the penalties in court....
...The ecommerce giant spent $83.5bn on shipping in 2022 and wants to have less dependence on third party carriers....
...Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn and provide a significant test for antitrust authorities, according to people briefed about the...
...But in the past decade the tech giant has struggled, while competitors such as Alibaba and Tencent have soared ahead....
Tech giant seeks to comply with European law with approval for iPhone apps to be downloaded from developers’ websites
...The act requires these tech giants to comply with more stringent rules and will force them to allow rivals to share information about their services....
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
...The $10tn US fund giant said the move mitigated risk and created efficiency....
Tech giant’s shares lower even as earnings beat Wall Street expectations
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