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REUTERS 2023-12-27T22:33:52+00:00

EU tech rules will create clicks, not competition

European Union watchdogs are so frustrated with Big Tech dominance they have turned their traditional approach to regulation on its head. Rather than trying to prove that existing practices shortchange users, new digital rules require market-leading companies to simply open up their systems. But by focusing on competition among providers instead of whether consumers benefit, the EU’s main result may just be more frustrating clicks.

REUTERS 2025-01-22T13:15:06+00:00

Most Gulf markets rise amid tariff uncertainty

Most stock markets in the Gulf ended higher on Wednesday amid general caution in response to U.S. President Donald Trump's recent policy announcements, with the Qatari index outperforming thanks to strong corporate earnings.

REUTERS 2020-10-21T18:11:17+00:00

Snap shares jump as user growth, revenue beat estimates

Shares of Snap Inc rallied 23% on Tuesday after the Snapchat messaging app owner beat user growth and revenue forecasts as more people signed up to chat with friends and family during the coronavirus pandemic.

REUTERS 2020-10-30T19:52:36+00:00

Alibaba to kick off China's first post-pandemic 'Singles Day' early

China's Alibaba Group Holding Ltd will kick off its mega-shopping extravaganza "Singles Day" early this year, a move that will likely see a big jump in its sales as the easing of the country's COVID-19 pandemic drives an economic rebound.

REUTERS 2026-06-04T00:49:15.746000+00:00

Meta accuses Australia of breaching FTA, invokes US 'trade action'

Meta accused Australia of violating a free trade agreement with the U.S. ‌by proposing a new tax on certain tech giants which do not strike licensing deals with local media, escalating a dispute which has simmered for half a decade.

REUTERS 2024-09-17T12:21:40+00:00

Netflix says 'Baby Reindeer' clearly involved dramatisation

"Baby Reindeer" clearly involved dramatisation, Netflix said on Tuesday, in response to concerns over its compliance standards sparked by online speculation about the real-life people behind the characters in its hit mini-series.