Libra to launch as early as January, but the Facebook backed cryptocurrency will be scaled back even further after regulatory and political concerns
TECHNOLOGY POWERING BUSINESS
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Tech Giants Face Fines Or Even Break-up, Warns EU Digital Head
New European rules to rein in big name tech firms will include the power to potentially break-up firms, EU digital chief warns
France Warns Big Tech To Pay Digital Tax In December
Pay up, pay up. France issues notices to big name tech firms such as Amazon and Facebook, to prepare to pay digital tax levy from next month
EC Hits Amazon With Competition Rule Violations
European Commission charges Amazon with breaking competition in retail space, but the firm insists consumers have choice
Judge Dismisses Amazon Coronavirus Safety Lawsuit
Lawsuit by Amazon workers over alleged lack of Covid-19 protection in Staten Island facility has been dismissed by New York judge
Sir Jony Ive To Redesign Airbnb’s Products, Services
British designer of the Apple iPhone is to head up a redesign of Airbnb's core products and services, to improve public perception
PayPal Opens Up To Cryptocurrencies
Popular online payments system PayPal announces entry into cryptocurrency market, in a move that may draw regulator scrutiny
Amazon Extends Work From Home Until June 2021
After thousands of its workforce were infected with Coronavirus, Amazon extends its work from home option until middle of 2021
France Urges EU Digital Tax Rollout
French finance minister says the European Union should ready its own digital tax plans in case OECD negotiations about global taxation of tech firms fail
Amazon Workers In German Strike On ‘Prime’ Day
German trade union Verdi urges workers to conduct two day strike over pay and conditions during Amazon 'Prime Day' sales event
Amazon Respects Rights Of Workers To Join Union
Not a problem? Amazon responds to media report on union activity tracking, by saying it respects worker rights to join trade union
Big Tech Firms Slammed In US Antitrust Report
Bombshell development. Scathing US antitrust report recommends structural separations of big tech firms, and slams monopolistic behaviour
US Antitrust Report Hints At Tech Firm Breakup – Report
Would they dare? US House of Representatives antitrust report includes “thinly veiled call to break up” big tech name firms
Coronavirus: Amazon Admits 20,000 Staff Infected By Covid-19
Nearly 20,000 staff have been infected by Coronavirus, Amazon reveals after concerns about warehouse conditions during pandemic
Amazon One Scanner To Use Veins In Palm For Payments
Amazon One device will scan the veins in a human hand to authorise supermarket checkout payments for example, or entry to buildings
Police Raid Dark Web Marketplaces, Seize 500kg of Drugs
Worldwide police operation against dark web vendors results in 179 arrests, seizure of 500kg of drugs, $6.5m (£5m) in cash and 64 firearms
Amazon Hires Former NSA Director In Charge During Snowden Revelations
Amazon names former NSA director to board of directors, who was also the man in charge when Edward Snowden blew spying whistle
Growing Demand Sees Amazon Promise 7,000 UK Jobs
Rare bit of good news on the jobs front as Amazon says it will create another 7,000 new jobs in the UK to cope with demand
Amazon Withdraws Job Listing For Union ‘Analyst’ – Report
Did Amazon attempt to hire people to spy on union activity within workforce? E-commerce giant says wording for position was inaccurate
Amazon Gains FAA Drone Delivery Approval
Critical certificate issued by the US Federal Aviation Administration (FAA), nudges actual Amazon drone deliveries one step closer
Amazon Enters Wearables With Halo Band
Health market entry for e-commerce giant after it unveils the Amazon Halo Band, which can track a user's sleep and heart rate
Tech Antitrust Probe Going ‘Full-Tilt’ – DoJ Official
Official antitrust investigation of technology giants is a major priority, deputy head of US Justice Department has confirmed
Amazon Gains FCC Approval For $10 Billion Broadband Satellite Project
Watch out SpaceX and OneWeb, as Amazon's Project Kuiper gains official approval from the FCC for 3,200 broadband satellites
Tech Giants Accused Of Harming Competition By US Lawmakers
Google and Facebook singled out for alleged market power abuse, in some of the sharpest exchanges with US lawmakers on Wednesday
Tech Firm CEOs To Face US Congress Grilling
The CEOs of Amazon, Apple, Facebook and Google are to appear on Wednesday before a US Congress hearing on antitrust issues
COVID Commerce: How Retailing Will Be Reshaped By The Pandemic
COVID-19 may have changed the retail landscape forever. What will retailing look like in a post-COVID-19 world? Will the high street be able to survive and, how will retailers evolve their strategic use of the omnichannel?
Apple Report Defends 30 Percent App Store Fees
Developers - Apple commissioned report finds that 30 percent commission is about average, as tech giant launches App store fee defence
Apple Faces Italian Antitrust Probe Over Beats Headphones, Other Kit
Offices in Italy belonging to Apple and Amazon have this week been raided as authorities open investigation into sale of Beats headphones and other Apple kit
Role Of Wirecard Supervisors To Be Probed By EU
The actions of financial supervisors responsible during the Wirecard collapse should be investigated, says senior EU official
US Pulls Out Of Global Digital Tax Talks
European Union warns it will impose its own digital tax on technology giants, after the United States withdraws from global tax reform negotiations