Facebook is abusing its power to market its advertising platform Marketplace, concludes the European Commission. If that provisional conclusion remains valid, billions of fines threaten Facebook. Facebook automatically gives its billions of users access to Marketplace, where they can advertise stuff or place classified ads. Whether they are waiting for […]
Business
The US Senate has unanimously voted to ban the popular app TikTok from the work phones of US government officials. According to the bill’s initiator, the Chinese app is “a Trojan horse for the Chinese Communist Party”. However, the bill still has to pass the House of Representatives before the […]
Microsoft and Nintendo have entered into a ten-year agreement to bring the popular Call of Duty game to the Nintendo platforms. The deal between the American tech company and the Japanese maker of games and gaming consoles shows that companies are more willing to share important titles at a time […]
Amazon Web Services has presented its new Graviton3E chips. The specialized chips must work faster and more efficiently in the large data centres of the cloud giant. Standard chips alone are no longer enough for Amazon Web Services. So the company behind one of the most extensive cloud services in […]
Binance comes with a ‘proof-of-reserves’ system with which it wants to prove that it has enough bitcoin to pay customers. This seems to be a reaction to the crash of significant competitor FTX. Crypto exchange Binance has launched a new website explaining its proof-of-reserves system. With this system, the platform […]
Vladimir Putin wants Russia to be able to transport fertilizer through the Ukrainian port of Odesa. The Russian president, who began a military raid in the Eastern European country in February, tells the Interfax news agency that he is discussing fertilizer exports within the United Nations (UN). Russia and Ukraine […]
The United Kingdom’s dependence on cheap foreign labour must end. That is what Labor leader Kier Starmer said at a meeting of the large British employers’ organization Confederation of British Industry (CBI). Several companies in the country have called on the government to relax labour migration rules to combat staff […]
Meta Platforms, the parent company of Facebook, has laid off more than 24 employees and freelancers in the past year for illegally taking over the accounts of users of the social media platform. This is reported by the business newspaper The Wall Street Journal based on insiders and documents from […]
London business confidence in the British economy has plummeted. According to research by the London Chamber of Commerce and Industry, entrepreneurs in the British capital are mainly concerned about inflation. According to the survey, three-quarters of business leaders are less confident about the coming year than they were in the […]
London has lost its title of largest stock exchange in Europe to Paris. The combined market value of the largest companies on the French stock exchange exceeded that of the large listed British companies measured in US dollars, reports financial news agency Bloomberg based on its data. The difference in […]
