Opinion: Snap points out the possibility that Apple caused the long-feared “Ad-Mageddon”

Snap Inc. raised the alarm on Thursday for the long-feared collapse in Internet advertising that could come in the normally busy fourth quarter. Long feared, because since Apple Inc. AAPL, + 0.15% Announcing upcoming iPhone privacy changes, many internet advertising companies are warning of the impact this is having on their bottom line. Apple updated … Read more

Amazon introduces in-store pickup for items from local companies

An Amazon.com delivery driver carries boxes into a delivery truck outside a distribution facility in Hawthorne, Calif., February 2, 2021. Patrick T. Fallon | AFP | Getty Images Amazon is introducing a new shipping option for buyers who don’t want to wait for their package to arrive in the mail. The company on Thursday launched … Read more

Alibaba expands cloud business overseas with new data centers in Asia

Zhang Jianfeng, President of Alibaba Cloud Intelligence, speaks during the opening ceremony of Alibaba Renhe Cloud Data Center on September 16, 2020 in Hangzhou, China’s Zhejiang Province. Qian Chenfei | China Intelligence Service | Getty Images GUANGZHOU, China – Alibaba plans to open its first data centers in South Korea and Thailand in 2022 as … Read more

Amazon advertises the success of small businesses under third-party control

Amazon released new data Tuesday announcing the success of sellers in its third-party marketplace as lawmakers increasingly scrutinize its private label trading practices. Amazon launched the third-party marketplace in 2000, which allows everyone from small businesses operating out of their garage to established brands to sell their goods on the website. Since then, it has … Read more

Alibaba launches new server chip to boost its cloud business

Signage at the headquarters of Alibaba Group Holdings Ltd. in Hangzhou, China, on Wednesday, March 24th, 2021. Qilai Shen | Bloomberg | Getty Images GUANGZHOU, China – Chinese e-commerce giant Alibaba launched a new server chip on Tuesday to boost its cloud computing business and compete against US rivals like Amazon. The processor called Yitian … Read more

Google CEO Sundar Pichai says the offices will be replenished

Alphabet CEO Sundar Pichai gestures during a meeting at the annual meeting of the World Economic Forum (WEF) on January 22, 2020 in Davos. Fabrice COFFRINI | AFP | Getty Images Google employees are back in their offices across the country, according to CEO Sundar Pichai. Pichai, who spoke at the Wall Street Journal’s live … Read more

Legislators are questioning whether top Amazon executives lied to Congress

Amazon founder and CEO Jeff Bezos Mark Ralston | AFP | Getty Images Five members of the House Judiciary Committee sent a letter to Amazon CEO Andy Jassy asking if the company’s top executives had misled Congress or lied under oath in a comprehensive investigation into the competitive practices of big tech companies . Representatives … Read more

Klarna Tighten UK Credit Checks Before Buy Now, Pay Later Rules

The Klarna logo that is displayed on a smartphone. Rafael Henrique | SOPA Pictures | LightRocket via Getty Images LONDON – Swedish fintech company Klarna announced on Monday that it is rolling out a number of changes to its product in the UK as regulators prepare to “buy now, pay later” regulations for the fast-growing … Read more

Facebook wants to create 10,000 jobs in the EU for the “metaverse” vision

In this photo illustration, the Facebook logo can be seen on a smartphone screen with the EU flag in the background. Chukrut Budrul | SOPA pictures | LightRocket via Getty Images LONDON – Facebook plans to create 10,000 jobs in the European Union over the next five years to build a digital world known as … Read more

Tesla Brings Auto Insurance To Texas With New “Safety Score”

photo: Spencer Platt (Getty Images) After two years of auto insurance for motorists all over California, Tesla is officially offering a similar offering to customers in its new home state of Texas. As an electrician reported first, the big difference lies in the calculation of the driver bonuses: In California, the prices were largely determined … Read more