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...Wellhub’s most recent funding round last year raised $85mn from investors led by EQT Growth, an arm of the European private equity giant, giving it a valuation of $2.4bn....
...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...
...A dramatic break-up between Microsoft and China’s gaming giant NetEase last year ended a nearly 15-year-long partnership. It affected not just investors but millions of China’s gamers....
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...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...
...A version of this article was first published by Nikkei Asia on March 11. ©2024 Nikkei Inc. All rights reserved....
...It has also prompted lawmakers in both red and blue states to introduce so-called “Taylor Swift” bills aimed at reining in the ticketing giant....
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...Google chief executive Sundar Pichai has shaken up the tech giant’s top ranks and structure to speed up its development and rollout of artificial intelligence products, after facing criticism for falling...
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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
Regulators in Washington and the EU have tech giant in their crosshairs at particularly challenging time
...The US giant faces resurgent competition from rival Huawei in the premium segment and a state crackdown on the use of its devices by government employees....
...West coast editor Richard Waters says the magnitude of the EU’s giant test in micromanagement is hard to overstate....
...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
...The ecommerce giant spent $83.5bn on shipping in 2022 and wants to have less dependence on third party carriers....
...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....
...But in the past decade the tech giant has struggled, while competitors such as Alibaba and Tencent have soared ahead....
...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)....
...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...
Tech giant seeks to comply with European law with approval for iPhone apps to be downloaded from developers’ websites
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