INFBusiness

(Reuters) – As Apple Inc and Amazon.com Inc worked toward a high-profile distribution deal at least a couple of years ago, one proposal on the table was for Apple to have “competing ads removed from search” results on Amazon, according…

(Reuters) – Snap Inc (SNAP.N), the parent of photo messaging app Snapchat, on Wednesday pledged to double the number of minorities and women staff in its tech teams. Women represented 32.9% of Snap’s global workforce in 2019, but make up…

WASHINGTON (Reuters) – Google and Facebook took the sharpest jabs for alleged abuse of their market power from Democrats and Republicans on Wednesday in a much-anticipated congressional hearing that put four of America’s most prominent tech CEOs in the hot…

BERLIN (Reuters) – German lawmakers on Wednesday questioned Finance Minister Olaf Scholz and Economy Minister Peter Altmaier over their failure to detect and prevent the Wirecard [WDIG.DE] accounting scandal, one of the biggest in post-war history. Payment services company Wirecard…

SAN FRANCISCO (Reuters) – Arizona is leading a multi-U.S. state probe into whether Apple Inc’s deliberate slowing of older iPhones violated deceptive trade practice laws, documents reviewed by Reuters on Wednesday showed. Last week, a separate document released by a…

WASHINGTON (Reuters) – Google and Facebook took the sharpest jabs for alleged abuse of their market power from Democrats and Republicans on Wednesday in a much-anticipated congressional hearing here with four of America’s most prominent tech CEOs in the hot…

BERLIN (Reuters) – German lawmakers on Wednesday questioned Finance Minister Olaf Scholz over his failure to detect and prevent the Wirecard [WDIG.DE] accounting scandal, one of the biggest in post-war history. Payment services company Wirecard filed for insolvency last month…

WASHINGTON (Reuters) – A much-anticipated congressional hearing featuring the CEOs of four of America’s largest tech firms kicked off on Wednesday afternoon in a confrontation that promises a healthy dose of political theater, while also offering a window into the…

(Reuters) – The top U.S. diplomat in Brazil said in a newspaper interview that the country may face “consequences” if it allows China’s Huawei Technologies into its 5G network, referring to U.S. warnings that China fails to protect intellectual property.…

WASHINGTON (Reuters) – U.S. Treasury Secretary Steve Mnuchin said on Wednesday that TikTok was under a national security review and that his agency would make a recommendation to the president about the popular Chinese-owned video-sharing app this week. The comments…