NEW YORK (AP) — Amazon jilted New York City on Valentine’s Day, scrapping plans to build a massive headquarters campus in Queens amid fierce opposition from politicians angry about nearly $3 billion in tax breaks and the company’s anti-union stance.With millions of jobs and a bustling economy, New York can withstand the blow, but experts say the decision by the e-commerce giant to walk away and take with it 25,000 promised jobs could scare off other companies considering moving to or expanding in the city, which wants to be seen as the Silicon Valley of the East Coast."One of the real risks here is the message we send to companies that want to come to New York and expand to New York," said Julie Samuels, the executive director of industry group Tech: NYC. "We're really playing
Children play around a sign of Alphabet Inc's Google outside its office in Beijing, China August 7, 2018. Picture taken August 7, 2018. REUTERS/Stringer REUTERS/StringerBRUSSELS (Reuters) - EU countries, the European Commission and EU lawmakers clinched a deal late Wednesday to curb the powers of companies such as Google and Apple Inc with new rules. Unveiled by the Commission in April last year, the platform-to-business (P2B) law seeks to prevent unfair business practices by app stores, search engines, e-commerce sites and hotel booking websites in a bid to ensure a level playing field between the tech companies and traditional businesses. The rules target Amazon Marketplace, eBay, Apple’s App Store, Google Play, Facebook Marketplace, Booking.com and Leboncoin.fr, among others. Rep
The tech companies need cutting down to size. But how should we do it? Photo: PA On each day of 2018 Apple sold almost 600,000 iPhones, Amazon made more than $500m in sales, some 1.47bn people logged onto Facebook, while there were 3.5bn searches on Google. The oldest of these companies, Apple, was founded in 1976, and just a decade ago all four were seen as scrappy—if fast-growing—outsiders. Today, even after Apple’s recent market travils, they are four of the biggest companies on the planet. Any set of companies growing so big this rapidly would be cause for concern. But in the case of the technology giants, “concern” doesn’t quite cut it. Facebook is the biggest platform on the planet, and has been implicated in efforts from Russia and others to poison the online information ecosyste
1. Microsoft’s Bing Search Engine Inaccessible in China Microsoft has confirmed that its search engine, Bing, is currently inaccessible in China. Reports that Bing’s China service was down began circulating late Wednesday, prompting fears that it could become the latest foreign website to be blocked in the country, joining Google and Facebook. Microsoft said it was “engaged to determine next steps,” without specifying a reason for the outage. (BBC) 2. Meituan to Retire Mobike Name as Major Overhaul Takes Shape Internet giant Meituan Dianping will rebrand Mobike as “Meituan Bike” and move China’s leading shared-bike service into its own app, in its first major moves to overhaul the firm it bought for $2.7 billion in April. The bike-sharing service will be incorporated into Meit
COPENHAGEN, Denmark (AP) — Silicon Valley’s notorious nemesis, Margrethe Vestager, plans to end her term as the European Union’s antitrust enforcer this year with a bang, laying out a long-term plan to intensify scrutiny of the world’s big tech companies. As the EU’s competition commissioner, Vestager is arguably the world’s most important tech regulator. Since 2014, she has slapped Google with eye-popping multibillion-dollar antitrust penalties, ordered Apple and Amazon to pay back taxes and fined Facebook over its WhatsApp acquisition — flagship enforcement cases that have struck fear into Silicon Valley while drawing attention in Washington. Now, in her final year in office, the 50-year-old Danish politician is laying the groundwork for a ne
IBTimes India/YouTube Search engine giant Google has officially bought undisclosed Intellectual Property (IP) related to smartwatch technology from Fossil Group Inc. The deal between Google and Fossil is said to be $40 million. As part of the transaction, a portion of latter's Research and Development (R&D) team currently supporting the aforementioned transferring IP will be shifting base to the Mountain View campus. However, Fossil also confirms that it is retaining more than 200 R&D team members to focus on innovation and future product development. Fossil has been a long partner of Google offering top-end smartwatches with the Wear OS (previously Android Wear) in several global markets and now, with the new arrangement, speculations are rife that the long-rumoured Pixel Watc
Enlarge / Samsung's Space monitor in a lowered configuration. Ars at CES 2019 View more stories CES 2019 has finally come to an end—and by and large, it was a more interesting show than last year's. To that end, the Ars reviews staff has put together another annual Best in Show list, and this group of products we consider particularly interesting. As was the case with CES 2018, the main takeaway from most of the press releases and product pitches we've read and heard over the past couple of weeks has been "Google Assistant and/or Amazon Alexa are in everything." But to be frank, we don't find that to be the most interesting thing happening at CES right now. For most users, digital voice assistants are still just a curiosity, and no
Anticipated tech unicorn IPO stampede may not mean a patent-buying bonanza IAMThe first few days of 2019 have confirmed that this is going to be a very big year for tech IPOs. Ride-sharing rivals Lyft and Uber are both slated to come to ... Cludo Trends
Image copyright Getty Images Image caption Alexa and Google Assistant aren't clamouring to be heard, they're clamouring to be spoken to At CES, there's no shortage of gadgets to talk to. Smart TVs, cars, pianos - and even a toilet - these are just some examples of devices that come with voice-activated helpers.No matter who makes the hardware, the virtual aide linked to or packaged inside is likely to be one of two: either Amazon's Alexa or Google Assistant.For ShadeCraft, the maker of a ne...
Media playback is unsupported on your device Media captionWATCH: A hi-tech sun cream sprayer that won't leave you with sticky hands will be at CES The CES trade show is powering up again in Vegas. Most of the biggest names in tech and stacks of start-ups you've never heard of will compete for attention over the next week.Some products may launch new categories - past events presented a first look at video cassette recorders (VCRs), organic light-emitting diode (OLED) TVs and Android tablets. But many more will flop or never even make it to market. Image copyright CES ...