EU swipes at Apple snubbing Dutch antitrust enforcement
The European Union’s head of digital policy, EVP Margrethe Vestager, has hit out at Apple — suggesting the company is deliberately choosing to pay fines to avoid compliance with a Dutch antitrust order requiring it to allow dating apps to make use of third party payment tech when sellin
Apple says employees and customers are safe after store hostage situation in Amsterdam
In response to a now-resolved hostage situation at an Amsterdam store, Apple says that all employees and customers are safe “after this terrifying experience,” per a statement obtained by technewss. There is still an ongoing investigation, the company added.
“We want to thank local law enfor
Philippines payment gateway PayMongo gets $31M Series B, will explore regional expansion
"attachment_2274727" aria-describedby="" style="width: 6000px">PayMongo founders (from left to right): Jaime Hing III, Chief Technology Officer, Francis Plaza, Chief Executive Officer and Luis Sia, Chief Commercial Officer
Philippines-based fintech PayMongo, which enables merchants to accept digital
PrimaryBid raises $190M to double down on making it easier for ordinary people to invest in IPOs and follow-on fundraises
Thanks to the growth of fintech, financial services like investing are getting ever more accessible to the wider population of consumers. Now, one of the bigger players pushing the boundaries of that concept is announcing a big round of funding on the heels of strong demand and what it believes are
New regulation in China to hit food delivery giants’ profit model
Between 2016 and 2020, the number of people who ordered food online in China doubled to 400 million. The boom was in part thanks to the generous subsidies shelled out by the country’s food delivery contenders for customers and businesses. As two companies, Meituan and Ele.me, came to dominate
The average person doesn’t have a chance with the smart home
If you've been shopping for a major appliance lately, you might have noticed that everything — from ovens to fridges, TVs, dishwashers and microwaves — is equipped with Wi-Fi connectivity. It's so popular these days that it's increasingly difficult to buy appliances without
Elon Musk accuses SEC of conducting a ‘harassment campaign’
If you thought Elon Musk was upset about frequent attention from the SEC… you guessed correctly. Musk and Tesla have written to a Southern District of New York court accusing the SEC of conducting a “harassment campaign.” The regulator allegedly broke a promise to pay Tesla shareh
Staten Island Amazon workers’ union election planned for next month
Late next month, workers at Amazon's Staten Island fulfillment center will hold a long-awaited union vote, if all goes according to plan. The in-person election is tentatively set for March 25 through 30, coinciding with the culmination of a mail-in re-vote being held at the company's Besse
China’s travel booking giant Trip.com adopts the hybrid office
Scores of tech companies around the world have switched to remote work or some sort of hybrid model during the past two COVID-hit years. In China, though, most tech firms have gone back to the office since summer 2020, thanks to the country’s low infection rates as a result of its zero-COVID
Public sector bodies’ use of cloud services probed in joint EU data protection enforcement
A coordinated enforcement action focused on public sector bodies’ use of cloud services is kicking off across the European Union.
More than 80 public bodies in a wide range of sectors, including health, finance, tax, education and IT service supply and procurement, will face contact from loca
Virtual events platform Hopin cuts 12% of staff, citing goal of 'sustainable growth'
Hopin, a virtual events platform often lauded for its rapid-scale growth amid the pandemic, has cut 138 full-time employees, or 12% of staff, as well as some contractors, according to multiple sources. A Hopin spokesperson, who confirmed the layoffs to technewss, also confirmed that employees impa
‘Woke capitalism’ is a new ideology for a digital economy
When the head of the world's largest money manager BlackRock issued his annual letter to CEOs, his latest and strongest push for business leaders to embrace social purpose beyond profits, he continued to turn more than a few heads.
“We focus on sustainability not because we're environment
European cloud firms call for clearer ‘ex ante’ rules to end abusive software licensing
European cloud computing companies have raised the alarm over what they say is a “critical loophole” in the EU’s flagship plan to tackle anti-competitive behaviors by gatekeeping digital giants.
In an open letter sent to competition commissioner and EVP Margrethe Vestager this wee
Google Duo’s video chat app gains a SharePlay-inspired feature called ‘live sharing’
Google is introducing its own take on Apple’s SharePlay feature for FaceTime with today’s launch of a new “live sharing” feature for users of its Google Duo video calling service. In Google’s case, however, the interactive, co-viewing experience is not nearly as robust