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Amazon comes under fire as US lawmakers grill tech on competition
Amazon.com Inc was challenged by a top US House lawmaker over whether the online retail giant is harming competition as the biggest tech companies faced their harshest antitrust scrutiny in years on Capitol Hill.
Trump calls for inquiry into Google's work with China
US President Donald Trump said on July 16 his administration would investigate whether Alphabet Inc's Google supports the Chinese government, following accusations that a company official refuted hours later at a Senate hearing.
Alexa may be key to Amazon’s looming domination of the healthcare market
Alexa, how do I become a healthcare player?
Facebook’s Libra prospects dim, but cryptocurrencies roll on
While Facebook’s planned global digital coin Libra faces tough opposition from regulators in Washington, analysts say cryptocurrencies are likely to charge on in other countries, possibly leaving America behind.
US lawmakers pan ‘Zuck buck’, want Facebook to rein in currency plan
Facebook endured a second day of criticism from Congress over its plan to create a digital currency as senior House Democrats asked Facebook to scale back the project and threatened legislation that would block big tech companies from getting into banking.
Machine-meshed super-humans remain stuff of fantasy
Tech maverick Elon Musk claims his Neuralink startup is making progress on its brain-computer interface effort, but experts in the field remain cautious.
G7 urges tough Libra regulation, agrees to tax digital giants
Digital currencies such as Facebook's planned Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the world's financial system, said experts.
Justice Department ratchets up antitrust scrutiny of Big Tech
The United States Department of justice opened a sweeping antitrust investigation of major technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers.
Facebook to create privacy panel, pay US$5bil to US to settle allegations
Facebook has agreed to pay US$5bil (RM20.61bil) as part of a settlement against allegations is misused user privacy, in relation to the scandal involving Cambridge Analytica.
Swiss data watchdog awaits details on Facebook crypto plan
Facebook Inc's Libra cryptocurrency project has not responded to an information request by Switzerland's data privacy watchdog, the authority said on Tuesday.
