Cryptocurrency companies are currently operating in a regulatory no man’s land.Mar 10, 2021 - Technology
Facebook stands to lose the most, but Google is more likely to lose, according to antitrust experts.Dec 18, 2020 - Technology
The industry also must grapple with the effects, good and bad, on inequality.Jun 12, 2020 - Technology
Their ages help determine their responses to the coronavirus, government investigations, and protests against racial inequality.Jun 11, 2020 - Technology
The new CEO of Google's parent company inherited a long list of issues in need of tackling.Dec 17, 2019 - Technology
Tech giants like Facebook, Spotify and Twitter are racing to build and acquire new tools that will help them compete with smaller upstarts for the attention of individual creators.
Why it matters: The attention economy shifted significantly during the pandemic towards individual creators who make content for niche groups of fans. Now that brands and consumers are catching on, Big Tech firms want in.
Sony will allow "Cyberpunk 2077" to be sold on its online PlayStation store starting June 21, the game's creators at CD Projekt Red said today.
Why it matters: Sales of the buggy would-be blockbuster have been hit hard since Sony delisted the game shortly after its launch.
Thrasio, a Walpole, Mass.-based acquirer of Amazon third-party private-label businesses, is in talks to go public via Churchill Capital V (NYSE: CCV), a SPAC led by Michael Klein, per Bloomberg. The implied valuation could top $10 billion.
Why it matters: This comes just days after Congress introduced a bipartisan bill that would break apart Amazon's control of its marketplace, thus benefiting the sorts of sellers that Thrasio rolls up.
Naftali Bennett yesterday became prime minister of Israel, succeeding Benjamin Netanyahu, after his power-sharing government survived a vote of confidence.
Why it matters: Bennett becomes Israel's first new prime minister since 2009, and he takes office as Netanyahu stands trial for corruption.
Google said Monday that it is bringing Workspace, its rebranded G Suite, to all users, including consumers and education customers. With Workspace, Google is trying to better integrate its email, chat and productivity apps.
Why it matters: Google has 3 billion users for its collaboration tools, up from 2 billion a year ago. Workspace is designed to compete with both Microsoft Office and a variety of newer upstart productivity tools.
Amazon on Thursday said it was adjusting its policy on remote work, after earlier indicating it planned to return to an office-first culture as the pandemic eases. Under the new guidance, Amazon says most office workers will need to come in just three days per week, with further leniency possible.
The big picture: Some tech companies, including Twitter and Square, are offering workers the ability to remain fully remote, while even office-centric companies like Apple and Amazon, are recognizing the need for flexibility.
Carolyn Everson, Facebook's longtime head of global ad sales, has left the company, Axios has confirmed.
Why it matters: Everson led Facebook through years of record ad growth, but also through intense scrutiny around Facebook's role in promoting nefarious content.
Fastly, the popular content delivery network (CDN) hit by a global internet outage Tuesday, chalked the episode up in a blog post Tuesday to a software bug triggered by a customer changing their settings.
The state of play: Fastly's outage caused a slew of popular websites — including The New York Times, CNN, Reddit, Spotify, Twitch, GitHub, gov.uk, Hulu, HBO Max, PayPal, Vimeo, Shopify — to crash.
With Apple's slew of software announcements Monday, what stood out was just how many new features are coming simultaneously across different types of devices.
Why it matters: Apple continues to maintain some distinctions between iOS — the operating system for iPhones and iPads — and the Mac, but more features are being shared across the two.
Rivals circling Apple and Google are courting developers and creators who are growing increasingly frustrated with the fees those tech giants charge in their app stores.
Why it matters: In-app purchases have emerged as a key way for developers looking to make money from their apps, and Apple and Google tightly control the payment mechanism for such transactions.