Google and Microsoft object to Nvidia’s $40bn Arm takeover February 13, 2021 Google and Microsoft have objected to the $40bn (£29bn) takeover of British chipmaker arm by Nvidia as the deal faces an in-depth competition probe in the US. The two tech giants, as well as semiconductor rival Qualcomm, are among the companies to object to the mammoth merger amid concerns it could harm competition. The US [...]
Screenshot: Should online harms laws take on the hackers and pirates? February 12, 2021 This week **Media Moment of the Week: Ya boi in Hanoi **Who’s taking on the online hackers and pirates? **Will Big Tech finally cough up for news? Media Moment of the Week: Ya boi in Hanoi Tempted as I was to feature *that* cat lawyer this week, I think perhaps, to borrow Michael Gove’s words, [...]
Australia pushes ahead with online news laws despite Google threat February 12, 2021 Australia is pushing ahead with landmark legislation that will force tech giants to pay publishers for news, despite Google’s threat to pull out of the country. The government will introduce new draft laws next week and they could come into effect this month. If passed, the legislation would make Australia the first country to force [...]
Google to pay UK publishers for news as global pressure mounts February 10, 2021 Google has inked a licensing deal with more than 120 UK publications as pressure mounts on tech giants to pay publishers for news. The launch of Google News Showcase, part of the company’s pledge to invest $1bn (£750m) in news worldwide, means publishers will be paid for excerpts that appear in its search results. The [...]
Screenshot: How Amazon set up shop on cloud nine February 5, 2021 This week **Media Moment of the Week: Parish the thought **How Amazon set up shop on cloud nine **Will BT look to the stars? Media Moment of the Week: Parish the thought Anyone who thinks local politics is boring has clearly never attended a meeting of the Handforth Parish Council Planning and Environment Committee. Or [...]
Google owner Alphabet beats revenue estimates as cloud losses grow February 2, 2021 Google parent company Alphabet beat revenue expectations for the fourth quarter, but revealed hefty losses in its cloud computing division. The tech giant posted revenue of $56.9bn (£41.7bn) in the final three months of the year, up from $46bn in the same period last year. Alphabet said the figures were driven by strong performance from [...]
It’s game over for Alphabet’s Loon balloon broadband adventure January 22, 2021 Alphabet, the parent company of Google, said last night it will shut down its high-altitude broadband connectivity venture Loon. The announcement is at odds with its recent successful endeavours. Loon raised $125m from a SoftBank unit in 2019, and in April 2020 it launched the first balloons to provide commercial connectivity service to Kenyans following [...]
Biden mulls creation of competition tsar amid tech probes January 20, 2021 The administration of incoming US President Joe Biden is said to be mulling the creation of a new White House role focused on competition issues amid a string of probes into tech giants. The Biden administration is still weighing up the role, which could be based in the White House or focus on coordinating actions [...]
Screenshot: Is social media heading for a new era of privacy? January 15, 2021 A weekly column from City PM bringing you all the biggest stories and trends in technology, media and telecoms This week **Media Moment of the Week: CNN’s crowbar correction **Whatsapp’s privacy exodus **Music touring: A victim of Brexit? Media Moment of the Week Given the extent of the carnage at the Capitol last week, reporters [...]
Google completes $2.1bn Fitbit takeover after antitrust probe January 14, 2021 Google today said it has completed its $2.1bn (£1.5bn) takeover of Fitbit, more than a year after the deal was announced. The tie-up was subjected to a lengthy investigation by regulators amid concerns about Google’s market power and the use of people’s health data in targeted advertising. But the European Commission last month cleared the [...]
