TikTok, ByteDance ask appeals court to reject US request to file parts of case in secret as companies challenge US divestiture-or-ban law
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TikTok Withdraws Rewards Programme From EU After DSA Probe
TikTok to withdraw TikTok Lite Rewards programme from EU in first case to be resolved under bloc's new Digital Services Act rules
US Judge Finds Google ‘Is Monopolist’ In Landmark Ruling
US federal judge rules Google illegally maintained monopoly in search and advertising, opening way to remedy phase of trial
Bitcoin Plummets As Investors Dump Risky Assets
Price of Bitcoin plunges sharply, ending rally that started in January with approval of spot Bitcoin ETFs as investors flee risky assets
Government Takes Social Media To Task Over Violence
Government promises action against people inciting violence online as home secretary says social media firms should be doing more
Customers Flock To Shein South Africa Pop-Up Store
Chinese-founded online retailer Shein sees strong demand at first pop-up store in South Africa as it faces criticism from authorities
Coinbase Chief Executive Sees Political ‘Shift’ On Crypto
Coinbase chief executive Brian Armstrong says support for crypto industry increasing across political spectrum ahead of elections
Amazon Shares Plummet On Slowing Sales
Amazon shares sink after it reports slowing sales amidst consumer bargain-hunting and competition from China's Temu and Shein
US Sues TikTok Over ‘Massive’ Children’s Privacy Breach
In latest legal challenge Department of Justice, FTC sue TikTok, ByteDance over alleged use of children's data without parental consent
SEC Charges IRL Founder With Investor Fraud
US regulator says Abraham Shafi fraudulently raised millions for social media platform IRL while using investor funds for personal expenses
Elon Musk Sued By Former CNN Anchor Over Cancelled X Deal
Lawsuit time. Musk had cancelled contract with Don Lemon for talk show on X, after questioning over platform's content moderation practices
Meta Posts Strong Q2 Amid Heavy AI Spending
Facebook parent Meta Platforms delivers strong Q2 financials which beats Wall Street expectations, raising its share price
South Korea To Support Businesses Amidst E-Commerce Crisis
South Korean government to support small-business vendors on Qoo10-owned e-commerce platforms amidst payment chaos
Amazon Faces Double Tax Fraud Probes In Italy
Italian authorities investigate Amazon in second tax-evasion case after seizing 121m euros from Milan unit last week
LinkedIn To Pay $6.625m In Ad Lawsuit Settlement
Microsoft's LinkedIn agrees to $6.625m settlement with advertisers over alleged overcharging based on inflated ad metrics
Meta Ordered To Clean Up AI-Generated Porn By Oversight Board
Oversight Board orders Meta to clarify rules over sexually explicit AI-generated images, after two fake images of famous women shared online
Revolut Gains UK Banking Licence
After three years of trying, fintech start-up Revolut finally recieves a UK banking licence, but with some restrictions from regulator
Alphabet Q2 Beats Expectations, But Shares Dip
Despite share buyback and positive Q2 results, Alphabet's share price falls over YouTube slowdown and margin declines
Google Cancels Plan To Axe Third Party Cookies For Chrome Browser
Better switch to Firefox? After years of delays, Google performs u-turn and will no longer cancel third-party tracking cookies
Double-Digit Growth For Google Expected Amidst AI Push
Google expected to see double-digit revenue and profit growth for second quarter amidst AI cloud enthusiasm, stronger ad sales
Oracle To Pay $115m In Privacy Lawsuit Settlement
Oracle to pay $115m to settle proposed class-action lawsuit over 'digital dossiers' that allegedly collected data on hundreds of millions
Amazon Workers In Coventry Fail To Form Union
Amazon workers in Coventry lose union recognition ballot by just a handful of votes, amid allegations from the GMB
Bitcoin ‘Creator’ Craig Wright Admits He Is Not Satoshi Nakamoto
Australian computer scientist Craig Wright referred to Crown Prosecution Service (CPS) to be considered for perjury charges
TikTok Parent Loses Bid To Avoid EU ‘Gatekeeper’ Label
China's ByteDance has lost a legal challenge to avoid a European Union 'gatekeeper' designation, but can appeal ruling
Elon Musk To Relocate SpaceX, X HQ To Texas
Leaving California. Elon Musk protests new gender-identity law, says he will move headquarters of SpaceX and X from California
Trump Media Shares Rally After Assassination Attempt
Shares in Trump Media surge 33 percent after Saturday assassination attempt on former president as investors bet on reelection
X Plans To Challenge EU DSA Breach Findings
Social media platform X says it disagrees with EU DSA findings as chief Elon Musk says he will pursue 'public battle in court'
Elon Musk’s X Breached DSA Rules, EU Finds
X's Blue checks 'used to mean trustworthy sources of information. Now our preliminary view is that they deceive users', says EU official
EU Accepts Apple’s Legal Commitments To Open NFC Access
Legal commitment over Apple's NFC-based mobile payments system, which is to be opened to rival payment operators
Alphabet Walks Away From HubSpot Deal
Not interested. Alphabet reportedly opts not to make an offer for HubSpot to bolster CRM and cloud position