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Cloud computing capacity a major focus for tech giants
Amazon, Microsoft, and Alphabet, the parent company of Google, are all expected to increase capital expenditure as they build up their capacity to support the growth in generative artificial intelligent.
Over the last few years, the Big…
Amazon makes its biggest profit since the lockdown shopping boom
Amazon has revealed its biggest profit since the lockdown online shopping boom after a leap in sales.
The internet retail giant said revenues in the third quarter of the year grew by 13pc to $143.1bn (£118bn), while profits more than…
California bans GM Cruise driverless cars
California regulators have banned Cruise's self-driving vehicles from state roads. This is a blow to the General Motors owned company, less than three month after they won the right for a robotaxi service.
California's Department of…
Amazon announces plans to deliver packages via drones in the UK and Italy
Amazon announced that it will begin delivering packages by drone in the UK and Italy for the first-time as part of its ambitious airborne program.
The American tech giant announced on Wednesday it would introduce autonomous aircraft…
Microsoft pays HMRC £136m amid US tax row
The software giant paid the money in the past 15 months as part of a "bilateral contract".
Microsoft paid HMRC £136m for back taxes as part of a deal reached with authorities regarding how the company shifts its revenues…
Google Pixel 8 Pro: Specs and Price Comparison, iPhone 15 Release Date and Release Date
Google wants to take on Apple Inc. with its new Pixel phones, which are more iPhone like than ever.
The Pixel 8 Pro and 8 are priced similarly to Apple's equivalents. They also have screens with flat edges and the ability to make payments…
Atomico, a European venture capital company, raises $1.1bn in order to combat the tech slowdown
Atomico, a European venture capital company, has raised $1.1bn in new funding for start-ups. This is despite a general slowdown in technology.
According to US regulatory filings the London-based group raised fresh money for its new…
Spotify’s boss calls on UK to tighten up regulation of tech gatekeepers
Daniel Ek, Spotify's CEO, has called on the UK government to take advantage of its freedom to implement new rules outside the EU that will reduce the dominance by big tech companies.
Ek said in an interview that the development of…
VCs warn start-ups that they should delay IPO plans following Arm and Instacart’s…
Venture capitalists have advised start-ups that they should delay plans to list in the US, until interest rates are stable. This is after Arm and Instacart's choppy debuts dampened hopes of a rush for new tech listings.
The price of the…
Apple shares hit by China fears ahead of iPhone 15 launch
Investors' fears that China could crack down on official iPhone usage has knocked 200bn off Apple’s market value. This casts a shadow on next week's release of Apple's latest smartphone.
Beijing's reported restrictions on government…
UK backs off from Big Tech clash over private messaging
The UK government has admitted it won't use controversial powers under the Online Safety Bill to scan messaging apps to check for harmful content, until it's "technically possible" to do so. This will delay measures critics claim threaten…
Apple and Microsoft clash over iMessage, Bing and the EU’s ‘gatekeeper label’
Apple and Microsoft have complained to Brussels that their services are not popular enough to qualify as "gatekeepers", under a new EU law designed to limit the power of Big Tech.
The battle between Brussels and the two US companies…
Britain has become a backwater in terms of technology
The red tape could keep the country out of the forefront of the AI revolution
Rishi Sunak, a British scientist and technologist, announced his plans less than six months earlier to turn Britain into a global superpower in…
White House bans US tech investment in China
Biden's administration will restrict US investments in Chinese quantum computing, advanced chip and artificial intelligence sectors. It is stepping up efforts to prevent China from gaining access to American technology and capital.
The…
Amazon and Microsoft claim UK anti-monopoly measures risk investment
Amazon and Microsoft warned that the stranglehold they have on the £15bn market for cloud computing threatens their investment in Britain. This is the latest in a series of tensions between Big Tech and regulators.
The rivals…
Apple accused of colluding with Amazon to artificially keep iPhone prices high
Apple is accused of striking an agreement to artificially raise the price of its iPhones, Beats headphones, and other products sold on Amazon.
In a case filed today at the UK Competition Appeal Tribunal, two of the world's largest…
Magnificent seven tech companies have saved the stock market, but they are now riding to a fall
This is a fascinating fact: the latest leg of America’s long bull-market was driven almost exclusively by seven stocks, namely Alphabet (Alphabet), Apple (Apple), Meta (Microsoft), Nvidia, and Tesla. These are what Bank of America…
Microsoft faces EU investigation over Teams and Office bundles
Microsoft will be investigated by the EU for allegedly bundling Teams videoconferencing software with Office. The European Commission is stepping up its pressure on the tech giant.
Four people who have direct knowledge of the thinking of…