You probably didn't miss that many large tech companies are currently reorganizing. One reorganization after another is being announced. One layoff after another is announced this week. PayPal, Workday, Hubspot, Splunk, NetApp, Pinterest, Rivian, OpenText and Micro Focus, among others, are cutting ... Read more
2 months ago
The Trump and Biden administrations banned the export of US chips and technology to Huawei, with the restrictions being adjusted multiple times since the initial ban in 2019. Currently, the Biden administration is reportedly tightening the restrictions even further, with The Financial Times sugg... Read more
2 months ago
The chip maker got one of the EC's findings quashed, but a second complaint against the company is still on appeal. Intel is has not quite escaped the long arm of European Union antitrust regulators, even after the bloc’s second-highest court squashed a 1.06 billion euro fine against the US te... Read more
2 months ago
The possible breakup of Google's ad division is potentially going to have major effects on the ad market. This states The Wall Street Journal in an analysis on the lawsuit that the U.S. DoJ has now launched. According to the business newspaper, the lawsuit is potentially going to lead to major c... Read more
2 months ago
Italy's Supreme Court has upheld a ruling that overturned a market regulator resolution indicating that French media group Vivendi had "de facto" control of Telecom Italia. In 2017, Italian market regulator Consob ruled that Vivendi, the largest shareholder of Telecom Italia Mobile (TIM), assume... Read more
2 months ago
The UK market regulator (CMA) launched an official investigation into the acquisition of VMware. Broadcom wants to buy the firm for $61 billion, but regulators fear the deal may thwart competitors. The CMA first voiced concerns about the acquisition in November 2022. The regulator launched a pr... Read more
2 months ago
The US Department of Justice (DoJ) is taking Google to court. Authorities accuse the tech giant of monopolizing the digital advertising market. According to the DoJ, some of Google's digital ad tools monopolize the US digital ad market, which is prohibited under competition laws. The DoJ says ... Read more
2 months ago
The German Federal Cartel Office (FCO) announced that it has initiated a proceeding against PayPal Europe on account of practices possibly suppressing competitors and restricting price competition. Specifically, the proceeding deals with PayPal’s 'rules about surcharging' and the “presentati... Read more
2 months ago
The Accounts Center will hold all relative user settings across all Meta platforms. This week Facebook parent Meta announced that it’s centralizing various user settings across its apps, including Facebook, Instagram and Messenger. Various account settings will be moved to Meta’s 'Accounts C... Read more
2 months ago
The European Center for Digital Rights (noyb) claims the Irish authorities fined Meta only a fraction of what they should have. Noyb issued a letter to the Irish Data Protection Commission (DPC) this week sharply criticizing the privacy agency for "letting Meta off the hook". The non-profit is r... Read more
2 months ago
