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Tech News

Platform rules to apply this month as member states lag on oversight personnel

The Digital Services Act, Europe’s platform rules, will apply to all companies later this month, but the majority of EU countries still haven't appointed national regulators or transposed the rules into domestic law.

Tech News

Amazon invites lawmakers to warehouses in face of ban from Parliament

Amazon remains prepared to throw open the doors of its warehouses for EU lawmakers, the tech giant said today (6 February) as politicians called for its lobbyists to be kept out of the European Parliament after failing to appear at a recent hearing.

Business

Tech earnings in focus: Who led the charge – Meta, Amazon, or Apple?

Three tech giants reported results after the market closed. Meta to pay dividend after jump in profits.

Economy

Amazon pulls the plug on iRobot amid disappointing EU connection

Amazon drops $1.4 billion bid for iRobot amid disagreements with EU regulators threatening to block the deal in 2022.

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Nature

Rainforest rangers are being trained in the Amazon’s tallest treehouse

Education is changing the lives of Indigenous Peruvians in the Amazon.

Climate

Destructive Amazon drought caused by climate change, study finds

Last year's extreme weather underscored the importance of the world’s largest land-based carbon sink.

Business

Monitoring its employees too closely cost Amazon millions in France

France's data protection watchdog found the tech giant's practices breached workers' rights, fining Amazon a hefty €32 million.

Business

Google has laid off hundreds of staff. What now for the tech market?

Tech giants have been increasingly laying off their employees, reaching a peak in January of last year. With Google now announcing hundreds of job cuts, what is the tech market outlook for 2024?

Markets

Tech giants see €350 bn early year downturn, reversing 2023 rally

Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla see net €350 bn early year downturn, reversing 2023 rally, according to Bloomberg Magnificent 7 Total Return Index

Culture news

The 'Grandfather of Warhammer' has died aged 68

Bryan Ansell, the “Grandfather of Warhammer”, has died aged 68.

Nature

World's largest tropical rainforest threatened by Brazilian highway

The highway through Brazil's Amazon rainforest could trigger a wave of illegal deforestation.

Markets

Why can't European tech firms compete with their US counterparts?

US tech stocks tracked by the Nasdaq 100 index reached new all-time highs on 19 December, surpassing the previous peak reached in 2021.

My Wildest Prediction

Capitalism as we know it is over, so what comes next?

It’s the most wonderful time of the year for retailers. With Christmas around the corner, shopping soars: groceries and drinks for dinners, toys, electronics for gifts, and clothes for events. It seems wild not to believe that capitalism is in perfect health...

Culture news

Amazon working on Warhammer 40,000 adaptation with Henry Cavill

The epic tabletop game world of Warhammer will finally come to the big screen with the series’ most famous fan attached to star.

Business

Judges uphold Amazon’s sweetheart Luxembourg tax deal

EU antitrust authorities had argued the e-commerce giant gained an unfair advantage when it saved €250m through its complex corporate structure

Tech News

EU asks Amazon for information on measures to stop illegal products

The request comes under the new Digital Services Act (DSA) that requires large technology companies to comply with requirements that aim to protect consumers.

Business

Amazon and Meta settle UK antitrust investigations

Amazon and Meta have settled separate UK antitrust investigations by agreeing to stop practices that give them an unfair advantage over merchants and customers using their platforms.

Business

Nokia sues Amazon and HP over patent infringement

Nokia is suing Amazon and HP for patent infringement on video-related technologies in five jurisdictions worldwide, including the US and the European Unified Patent Court.

Tech News

China’s Alibaba upgrades its AI model to challenge Amazon, Microsoft

Alibaba upgrades AI model with the aim of being “the most open cloud in the era of AI.”

Tech News

Big Tech results: Is AI investment fuelling a comeback?

Cloud services are turning tech companies around after last year’s slump. But the same can't be said for Google's parent company Alphabet.