All posts in tech company
US competition authority demands details on acquisitions by Google, Facebook, and other tech giants
The US Federal Trade Commission (FTC) has ordered five major tech companies to provide details on acquisitions of smaller companies over the past ten years, according to The Guardian. Information on the purpose and scope of the acquisitions will help inform antitrust investigations into the five companies, which include Amazon, Apple, Facebook, Google, and Microsoft. While the […]
Despite threats of US retaliation, the UK will tax tech giants, with support from Europe’s digital policy chief
The UK will move forward with its plan to tax multinational digital firms, despite retaliatory threats from US officials, chancellor Sajid Javid said at the World Economic Forum in Davos earlier this week, according to The Guardian. “We plan to go ahead with our digital services tax in April,” he said. “It is a proportionate tax, and […]
Co-founder and former CEO Travis Kalanick steps down from Uber’s board
Uber co-founder Travis Kalanick will step down from the company’s board at the end of the year, cutting ties with the ride-sharing platform and selling the rest of his shares, according to Ars Technica. Investors ousted Kalanick as Uber’s CEO following a series of scandals and scrutiny of the company’s workplace culture in 2017, but he […]