• The Taiwanese firm reported April-June net profit of T$29.779 billion

Apple’s announcement that it would scan encrypted messages for evidence of child sexual abuse has revived debate ...

NEW YORK: Amazon.com Inc has been hit with a record $886.6 million (746 million euros) European Union fine for...

• Amazon has faced criticism over its workplace policies but has argued that it pays above-average wages and invested billions for employee safety

NEW YORK: US stocks were mixed in early trading Wednesday after a flood of quarterly earnings, including from big...

• Bicycle maker Shimano jumped 4.2% after it raised its profit forecast above analysts' average estimate

• Japan's Nikkei rose 0.58%
• Chinese blue chips rose 0.15%, and the Hong Kong benchmark rose 0.31%, though real estate, healthcare, education stocks were still down

NEW YORK: Wall Street ended lower on Friday, weighed down by declines in Amazon, Apple and other heavyweight...

NEW YORK: The S&P 500 and the Nasdaq scaled new peaks on Tuesday, helped by a rise in mega-cap stocks and a...

PARIS: A total of 130 countries have agreed a global tax reform ensuring that multinationals pay their fair share...

• Amazon saw over $5.6 billion in total online sales in the United States on the first day of its Prime promotional event, according to Adobe Digital Economy Index.

The antitrust overhaul package unveiled in Congress targeting Big Tech, if enacted, could have far-reaching effects...

• Our ongoing work into big tech has already uncovered some worrying trends and we know consumers and businesses could be harmed if they go unchecked.
• The CMA said the new study into mobile ecosystems would be broader than some of the other competition probes it already has into Apple's App Store and Google's Privacy Sandbox.

WASHINGTON: US lawmakers unveiled sweeping antitrust measures Friday aimed at tempering the dominance of Big Tech...

• Top Democrat Nancy Pelosi also called for an investigation, describing the New York Times report as "harrowing."

• Tesla's China-made car sales up 29% in May from April
• FAANGs up slightly after G7 tax plan
• Meme stocks gain as short squeeze continues
• Indexes: Dow down 0.08%, S&P up 0.15%, Nasdaq up 0.69%.

• The move by the world's most popular internet search engine comes as the 27-country bloc considers rules that could be introduced next year to force Google, Amazon, Apple and Facebook to ensure a level playing field for competitors.

BRUSSELS: The European Commission announced plans for a digital identity wallet to allow Europeans to access public...

• The S&P index recorded 30 new 52-week highs and no new low, while the Nasdaq recorded 55 new highs and 21 new lows.

WASHINGTON: The US government announced Wednesday it is suspending for six months punitive tariffs on Britain, India...

• Biden's administration is pushing for a 15 percent global minimum corporate tax that aims to resolve the issue of corporations sheltering profits in low-tax nations.

• It became one of the world's three leading mobile phone manufacturers along with Samsung and Apple - briefly occupying the number one spot last year - driven by Chinese demand and sales in emerging markets.

• Apple is planning revamp for its entry-level AirPods this year and a second-generation version of its AirPods Pro in 2022
• While the release date for these upgraded AirPods remains speculative, many industry analysts expect a launch before the end of 2021

• Ford and other global automakers are racing to shift their gasoline-powered lineups to all electric power under pressure from regions like Europe and China to cut vehicle emissions.

• Cook is expected to spend more than two hours making what are likely to be his most extensive public remarks on the App Store, which anchors Apple's $53.8 billion services business.
• The maker of "Fortnite," which pits players against in each other in an animated "Battle Royale" fight to the last survivor, is led by CEO Tim Sweeney, who has reveled in the public opportunity to take on Apple.

• "It's no surprise to me, as Chinese capital controls can be challenged by cryptocurrency purchases in the country and transfers out of the country," Adam Reynolds, of Saxo Markets, said.

• Apple announced that its Apple Music will be receiving two major updates in the coming June: support for high-quality, lossless audio and new Spatial Audio with Dolby Atmos feature.
• This new feature will be available for free to all subscribers.

• The French energy giant Engie will also learn the fate of its fight against a similar EU order to repay Luxembourg 120 million euros in taxes.

• "Apple did not create a secure and integrated ecosystem to keep people out, it did that so it could invite developers in -- without compromising the privacy, reliability and quality consumers wanted," Dunn said.

• Epic, which is seeking to return to the App Store without being forced to use Apple's payment scheme, is not alone in its criticism.