Apple, Google, Meta and Microsoft: The £30bn legal headache for Big Tech Legal Headlines have been popping about class actions in the UK with the main target on the other side, Big Tech firms. But why them?
Apple is first of the big tech firms to face a UK class action trial Legal Apple is set for trial on Monday as the first of the Big Tech to face a UK class action over allegations it has been charging “excessive and unlawful” its App Store
Lenovo UK sales near £1bn amid Huawei retreat Tech Sales at the UK arm of Chinese technology giant Lenovo jumped closer to the £1bn mark during its latest financial year. The division has reported a turnover of £982.8m for the 12 months to 31 March, 2024, up from the £969.3m it generated in the prior year. Newly-filed accounts with Companies House also show that [...]
How AI will ‘reshape the UK business landscape’ in 2025, according to Dell boss December 28, 2024 How artificial intelligence (AI) will “reshape the UK business landscape” in 2025 has been outlined by Dell Technologies’ top boss in the country. Steve Young, who is the US giant’s UK senior vice president and managing director, has said new approaches to data centre infrastructure will be crucial to delivering the predicted return on investment [...]
What a second Trump term could mean for Tiktok and Big Tech November 11, 2024 By the eve of returning US President Donald Trump’s inauguration, Tiktok must find a foreign buyer to replace its Chinese owner or risk being banned from the US entirely, due to a law passed in April. But Bytedance, the app’s parent company, is pushing back. It has lodged a legal challenge calling the measure unconstitutional [...]
Microsoft and Meta stocks slip as investors demand more October 31, 2024 Microsoft and Meta stocks have tumbled in after-hours trading despite both tech giants posting better-than-expected results yesterday. Microsoft reported a 16 per cent revenue increase to $65.6bn (£50.5bn) against a forecasted $64.5bn (£49.7bn), fuelled by its cloud services which grew by 33 per cent. Earnings per share (EPS) came in at $3.30 (£2.54), easily beating [...]
Leading with insight: Geradin Partners corners trend in competition law October 7, 2024 When trying to "shake things up" in the competition legal market, who better than someone who spent over seven years as a legal director for the regulator
Big Tech is muscling broadcasters out of live sports streaming October 2, 2024 Traditional broadcasters might be starting to sweat. Live sports streaming has always been a cash cow, but the game is changing, and there are new players on the field. For years, Sky and BT ruled the arena of sports media rights but, over the past decade, Big Tech has been muscling its way into the [...]
Why Google faces millions in fines from global regulators September 24, 2024 Google is up against the growing wrath of regulators worldwide, as it faces the possibility of millions in fines for alleged anti-competitive practices. According to Bloomberg, the EU is preparing to investigate Google’s conduct in the digital marketplace, including whether it preferences its own services, such as Google Flights and Google Hotels, in search results. [...]
Samsung UK: TVs boost profit despite smartphones losing ground August 20, 2024 The rise in popularly in premium TVs helped Samsung’s UK profit surge during its latest financial year despite the electronics giant losing ground in the smartphones market. The UK arm of Samsung has reported a pre-tax profit of £135.3m for 2023, up from £126.8m, thanks to it boosting its market share in high-end televisions. The [...]