Handle with care: Big Tech mergers are not as evil as our watchdogs might believe December 7, 2021 Watchdogs and oversight bodies around the world, including the US Federal Trade Commission, have tried to break up Big Tech, but the UK may be the first to succeed — at the cost of entrepreneurship and innovation. Last week, the Competition and Markets Authority ordered Facebook’s parent company, Meta, to sell Giphy over antitrust concerns. [...]
Priti Patel pushes Big Tech to have a proactive role in axing ‘legal but harmful’ online content February 16, 2022 Tech firms may be required to proactively monitor “legal but harmful” user content in a Home Office push on the new Online Safety Bill. As reported by the Financial Times, Home Secretary Priti Patel has been looking to widen the scope of the bill, with a particular focus on fraud, terrorism and other illegal activities [...]
Microsoft, Google and Amazon flood AI start-ups with cash, outspending venture capital December 27, 2023 Big tech companies spent twice as much on deals with Generative AI start-ups than venture capital groups in 2023, according to new data from Pitchbook.
How It Works: How drone technology is helping Ukraine fight its war May 2, 2024 In this week's episode of How It Works, City A.M.'s media, tech, and telecoms reporter Jess Jones sits down with Ricardo Mendes, the chief executive of the aerospace company Tekever.
Naughty or nice: Big Tech is eyeing up our kids for their Christmas wishlist December 8, 2021 Christmas is coming and the Amazon parcels are gathering in drifts of tech gifts around Christmas trees all over the world. This year, again, Christmas wishes are being realised online as we wonder nervously whether we might be able to visit family for Christmas or if new travel restrictions may thwart Santa’s plans too. Like [...]
Big tech rule book could be agreed as soon as April as EU clamps down on Google and Apple February 15, 2022 Landmark EU rules aimed at curbing the power of tech giants could be agreed between lawmakers and EU countries as soon as April. Although the rules have faced some obstacles, lawmaker Andreas Schwab told Reuters that he is optimistic that an agreement could be reached in record time for a key piece of legislation. Known [...]
Shoppers offered shares: WeShop races towards IPO as British tech star launches world’s first community-owned e-com platform July 4, 2022 The world’s first community-owned social ecommerce platform has gone live, offering shoppers shares in the group every time they make a purchase. The new platform, launched by British tech star WeShop is launching itself, plans to give away up to 90 per cent of its business to shoppers, and aims to list on the Nasdaq [...]
Exclusive: Cathie Wood on Tesla and Elon Musk: ‘We don’t listen to what he says’ April 23, 2024 Cathie Wood, CEO of infamous American tech investment firm ARK, is still bullish on Tesla and Elon Musk, despite the poor performance of its stock price in recent months.
Covid unicorn Hopin enters liquidation as it moves head office to US February 26, 2024 Tech unicorn Hopin, which was once worth $7.75bn, has entered liquidation less than a year after it sold off its titular events platform.
Watch: China tightens control of tech sector August 17, 2021 China moved on Tuesday to tighten control of its technology sector, publishing detailed rules aimed at tackling unfair competition and companies’ handling of critical data. Watch the full report.