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...Apple’s App Store, Google search, TikTok and WhatsApp are among nearly two dozen digital services that Brussels said on Wednesday must comply with new European regulations designed to tame Big Tech....
...Tech companies with an annual revenue of more than €7.5bn and at least 10,000 active monthly business users in the EU fall under the rules, although regulators have discretion over the designation outside...
...Tech companies pushed back on Monday against suggestions of wrongdoing....
...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
...How far should regulators go in dictating the basic designs of some of the most widely used tech products and services?...
...“Taking the long-term view, we will be able to service information needs in a deeper way, and I am pretty excited about what’s ahead.”...
...Researchers have called for more comprehensive data and transparency from AI firms, including a breakdown of how much different computing services consume, for example, search engines versus AI services....
...There’s an allegation of tying the buy box [ie, better placement on a product order page] to Amazon fulfilment services....
...Microsoft has embedded OpenAI’s technology into its own software services....
...Tiger’s winning bets included Meta and other tech giants Microsoft, Amazon and Google. Its non-tech winners included Apollo Global, Eli Lilly, Airbus and online gambling company Flutter....
...however, are far outweighed by each companies’ expected capital expenditure this year, as they invest large sums to build new data centre architecture and improve their technical infrastructure to expand AI services...
...If this is the era of Big Tech and Big Pharma, providers of health tech should be on a roll. Some are....
...For investors in the tech sector, however, these disclosures can be a treasure trove. First of all, 13Fs show how investor positions in tech stocks have changed and how private holdings are valued....
...It followed a stand-off between the then government and the tech sector that led to Google warning it would shut down its search services in Australia....
...The valuation of the rest of the S&P A week or two ago, we wrote a piece implying that the Magnificent Seven tech stocks were not, as a group, in a bubble....
...The central issue in the case was whether Google stopped rivals to its Play Store and payment services from gaining traction on Android devices....
...The broader “services” segment it is part of has a 35 per cent operating income margin. Epic argues that the app store margin is far higher....
...The trial, which began last month, is the government’s most consequential antitrust showdown with Big Tech since its case against Microsoft in the 1990s....
...Increasingly, smaller firms are also able to create and use self-service digital tools, provided by large tech groups such as Meta, which uses AI to generate multiple adverts tailored to the objectives of...
...If the latter, customers might “export” the same data many times, making this a service cloud companies should be paid for....
...Dell Technologies then acquired tech conglomerate EMC for $67bn in 2016....
...The push into non-tech companies comes amid a recovery in Tiger’s main hedge fund, which at the half-year point of 2022 had lost about 50 per cent of its value compared to 2021....
...In September, UK private equity house Cinven struck a deal to buy back the outstanding shares in Synlab, a laboratory and medical diagnostic services company in which it retained a 40 per cent stake, after...
...Listen to Lex deputy editor Elaine Moore talk to creators, companies and critics about the next era of social media in the FT’s new Tech Tonic podcast series....
...Google, meanwhile, argues that its charges are justified by the costs of running the Android mobile platform and all the other services it provides to developers, even when they do not use its payment service...
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