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Global tech majors should take new regulations, people’s concerns seriously: Microsoft chief Brad Smith
Tech companies must do more than pay lip service to regulation while opposing every government measure, Smith warned
More regulatory hurdle awaits Big Tech cos as US lawmaker introduces bipartisan legislation
The bipartisan legislation seeks to make it harder for Amazon.com and other tech giants to make acquisitions
Riding on soaring demand for chips, Qualcomm beats estimates
Qualcomm forecast higher-than-expected profits and revenue for the current quarter on Wednesday due to rising demand for chips used in phones, cars, and other internet-connected devices.
New Microsoft tech to connect cloud computing services to data centers it does not own
The strategy is said to be a key in the company's rise in the cloud computing infrastructure market, which is estimated to hit $64.3 billion
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Google’s plan to reduce fees on in-app purchases is a ploy to distract attention from its anti-competitive practices: ADIF
Google's decision to lower commissions charged to app developers on in-app sales is a tactic to "deflect and divert" attention from major concerns of developers and startups of fair competition and developer choices in-app economy, said Alliance of Digital India Foundation
PayPal bid $45 billion for Pinterest, the biggest bet on a social media company since Microsoft bought Linkedin
PayPal Holdings Inc has offered to buy digital pinboard site Pinterest Inc for $45 billion, reported news agency Reuters and Bloomberg citing people familiar with the matter. If companies succeed, it would be the biggest social media acquisition since Microsoft bought LinkedIn for $26.2 billion in 2016.
Travel apps on revival route as downloads swell to 143 million during Q2 2021
During the summer of 2021, downloads of hotel booking apps and full-service travel aggregators were approaching pre-pandemic levels
Saudi’s oil company Aramco breach $2 trillion valuation mark
Aramco’s market cap value puts it just behind Microsoft and Apple as the world’s most valuable company
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New EU regulations look to tighten noose around US Big tech cos
Under the new proposal Apple, Google, Facebook, and Amazon will be required to regulate their operations in European Union
Amid US-France tensions, US-EU begin to trade and tech talks in Pittsburgh
The present talks are clouded by recent EU anger over being excluded from a new US-British-Australian security initiative for the Indo-Pacific
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