UK Competition Regulator Welcomes Doug Gurr: A New Era of Leadership Amid Tech Sector Scrutiny The UK competition regulator, the Competition and Markets Authority (CMA), recently welcomed Doug Gurr as its new leader amidst growing scrutiny of the tech sector in the country. Gurr, who previously served as the UK Country Manager for Amazon, brings […]
UK launches investigation into Apple and Google dominance
UK Launches Investigation into Apple and Google Dominance The United Kingdom has recently announced a probe into the dominant positions held by tech giants Apple and Google in the realm of mobile platforms. This move comes as part of a broader effort to examine the influence and control exerted by Big Tech companies over key […]
Meta faces new scrutiny over EU law compliance
Meta Faces New Scrutiny Over EU Law Compliance Meta, formerly known as Facebook, is once again in the spotlight as it faces mounting criticism over its ad-free subscription service in Europe. The social media giant, already under fire for various privacy and antitrust concerns, is now under scrutiny for its compliance with EU laws regarding […]
Puma Shares Fall After Sales and Profit Miss
Puma Shares Plunge by 18% After Missing Sales and Profit Targets Puma, the renowned sneaker maker, faced a significant setback as its stock plummeted by approximately 18%, marking its lowest level since 2018. The sharp decline came as a result of the company falling short of its sales and profit targets, causing concern among investors […]
Will Global Retail Giants’ Big Bet on American Consumers Pay Off?
The Rise of Global Retail Giants in the American Market: A Risky Bet or a Lucrative Opportunity? As the retail landscape continues to evolve rapidly, major players like Zara, Uniqlo, Mango, and Primark are making bold moves by expanding their presence in the United States. With plans to open hundreds of stores across the country […]
US FTC leader Lina Khan announces resignation
Tech Giant Wars: The Legacy of Lina Khan at the US FTC Lina Khan, the trailblazing leader of the US Federal Trade Commission (FTC), has recently announced her resignation, marking the end of her impactful tenure. Khan’s time at the FTC was characterized by high-profile lawsuits against tech giants, a legacy that has reshaped the […]
EU audit highlights geo-blocking issues
EU Audit Highlights Geo-Blocking Issues: ECA Report Urges Comprehensive Reforms In a recent audit conducted by the European Court of Auditors (ECA), concerning the digital single market, the spotlight has been cast on the prevalent issue of geo-blocking within the European Union. The ECA report has emphasized the urgent need for comprehensive reforms to address […]
TikTok’s Rivals Are Coming for Its E-Commerce Business
TikTok’s Rivals Are Coming for Its E-Commerce Business TikTok, the wildly popular social media platform known for its short viral videos, has successfully transformed viral content into a lucrative revenue stream through its innovative e-commerce features. However, with a potential ban looming on the horizon in some regions, competitors are seizing the opportunity to challenge […]
Bluesky joins the short-video frenzy
Bluesky Joins the Short-Video Frenzy In the realm of short-video platforms, the landscape is constantly shifting. With TikTok facing challenges to its position in the US, a new player has entered the arena to shake things up. Bluesky has recently unveiled its new vertical video feed, stepping into the ring to compete in the ever-evolving […]
TSMC’s US expansion struggles with costs and regulations
TSMC’s US Expansion Faces Challenges with Costs and Regulations Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, has been making headlines with its plans to expand its operations to the United States. However, the company is facing some hurdles along the way, particularly in Arizona where its advanced chip production has hit a […]