The Senate will get its best shot at regulating Big Tech, and Apple, Google and Amazon are already playing defense

Chairwoman Sen. Amy Klobuchar, D-Minn., speaks during the Senate Rules and Administration Committee hearing on “Oversight of the U.S. Capitol Police Following the January 6th Attack on the Capitol, Part III”, in Washington, January 5, 2022. Tom Williams | Pool | Reuters One of lawmakers’ best shots at passing transformative tech antitrust legislation will be […]

Microsoft’s $68.7 billion Activision deal came as a surprise, but it won’t stop other opportunities, investor says

Satya Nadella, chief executive officer of Microsoft Corp., gestures as he speaks during a Bloomberg event on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2020. Simon Dawson | Bloomberg | Getty Images Microsoft‘s announcement on Tuesday to acquire video game maker Activision Blizzard for $68.7 billion […]

Chip shortage and Covid weigh on China’s smartphone market even as it bounced back from pandemic lows

Customers buy iPhone13 phones at apple’s flagship smart products store in Shanghai, China, on Oct. 12, 2021. Xing Yun | Costfoto | Barcroft Media | Getty Images Chinese domestic smartphone shipments recovered from the hit they took during the pandemic but have still not recovered to pre-Covid levels, according to government data. The smartphone industry […]

AT&T, Verizon delay 5G rollout near some airports after airlines warned of flight cancellations

AT&T and Verizon on Tuesday said they would temporarily delay deployment of 5G service at towers near some U.S. airports after airlines warned the rollout would cause flight cancellations. The company’s statement came just hours after the Biden administration said it was in talks with telecom companies, government agencies and airlines about the dispute. The […]

Microsoft’s $68.7 billion deal for Activision once again shows big tech’s dominance over legacy media

Microsoft’s decision to buy video game company Activision Blizzard in a $68.7 billion deal shows big tech firms keep pushing the envelope, while legacy media companies, desperate to reposition themselves for younger audiences, sit on the sidelines. The largest technology companies, including Apple, Amazon and Alphabet, have drawn consistent scrutiny from regulators and U.S. lawmakers […]

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