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WASHINGTON (Reuters) -The top U.S. consumer financial watchdog on Tuesday proposed to regulate tech giants' digital payments and smartphone wallet services, saying they rival traditional payment ...
But back then, prosecutors ran into a major hurdle that could pose problems for them today: a presumption that lower, even free, prices are a consumer advantage and not necessarily anticompetitive.
In today's big story, Big Tech is pulling back on the freebies ... up the decision "fail to achieve our standard of decision making for critical issues." ... of the US consumer continues, as ...
(Reuters) - A U.S. government watchdog's plans to supervise companies like Apple and Alphabet's Google that provide digital wallets and payment apps to consumers risks needlessly stifling ...
The COVID-era spending spree is over. And the tech layoffs keep coming. Amazon is eliminating several hundred roles across Prime Video and MGM Studios, according to a memo sent to staff on Wednesday.
Big Tech, also known as the Tech Giants or Tech Titans, [1] is a grouping of the largest IT companies in the world. The concept of Big Tech is similar to the grouping of dominant companies in other sectors . [ 2 ]
Scout Electromedia: A consumer electronics company, its only product, Modo, a "city focused" pager geared to young adults, was discontinued a month after its release and one day before its Los Angeles launch. [46] According to reports, $20-$27 million of its $40 million investment was used for advertising. [47]
The technology industry will face serious questions about some of its biggest issues when Donald Trump takes office in January. The president-elect will have a say on a range of topics including ...