U.S. moving toward major antitrust probe of tech giants
WASHINGTON (Reuters) – The U.S. government is gearing up to investigate the massive market power of Amazon, Apple, Facebook and Google, sources told Reuters on Monday, setting up what could…
House panel to probe competition in digital markets
WASHINGTON (Reuters) – The U.S. House of Representatives Judiciary Committee said on Monday it had started a bipartisan investigation into competition in digital markets. “A small number of dominant, unregulated…
Explainer: U.S. dependence on China’s rare earth – Trade war vulnerability
(Reuters) – Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers. FILE…
Alphabet shares slide 6% on possible DoJ antitrust probe
(Reuters) – Alphabet Inc’s shares closed 6% down on Monday following reports that the U.S. Justice Department may investigate Google for hampering competition. FILE PHOTO: A sign is pictured outs…
U.S.-China trade war of words heads for Fox cable TV face-off
BEIJING (Reuters) – China’s war of words with the United States over their escalating trade dispute will reach a crescendo of sorts when a broadcaster from Chinese state television debates…
China says U.S. needs to fix ‘wrong actions’ as Huawei ban rattles supply chains
BEIJING (Reuters) – China said the United States needs to correct its “wrong actions” in order for trade talks to continue after it blacklisted Huawei, a blow that has rippled…
Amazon shareholders reject facial recognition ban as concern grows in U.S. Congress
(Reuters) – Amazon.com Inc said shareholders rejected proposals to curb and audit its facial recognition service on Wednesday, just as members of Congress indicated there was bipartisan support to one…
Huawei accuses U.S. of bullying, says working with Google to respond to ban
Abraham Liu, Huawei Chief Representative to the EU Institutions and Vice-President European Region speaks at a news conference at the Huawei European Cybersecurity Center in Brussels, Belgium, May 21, 2019.…
China ready for further U.S. trade talks, ambassador says
WASHINGTON (Reuters) – Chinese Ambassador to the United States Cui Tiankai said on Tuesday that Beijing was ready to resume trade talks with Washington, but blamed the U.S. side for…
China ready for further U.S. trade talks, ambassador says
WASHINGTON (Reuters) – Chinese Ambassador to the United States Cui Tiankai said on Tuesday that Beijing was ready to resume trade talks with Washington, but blamed the U.S. side for…