Google, by far the most lucrative of the ten Big Tech companies in the EU’s sights, is staring down the barrel £1.2 billion penalties at the maximum end of draft legislation set out by the EU on Tuesday.

This comes as Government announced plans for a new competition regime designed to rein in the dominance of platforms such as Google and Facebook.

Today, MPs are calling for a change in the law to stop manufacturers from deliberately making products that have ‘planned obsolescence’ in an attempt to stop a tech waste tsunami.

The regulations suggest increasing unease in Beijing with the growing influence of digital platforms.

(Bloomberg) — China on Tuesday laid out detailed regulations for the first time to root out monopolistic practices in the internet industry, as Beijing seeks to curtail the growing dominance of corporations like Alibaba Group Holding Ltd. and Tencent Holdings Ltd.The country’s antitrust watchdog is seeking feedback on a raft of regulations that establish a […]

SARAH VINE: Perhaps the biggest mystery has been the disappearance of a story about Hunter Biden, son of presidential candidate Joe.

Always count on Brent Swancer for tall tales, sometimes literally! While tales of colossal human bones and conspiracies to cover them up, looking at you Smithsonian, here’s a collection of tales where conquistadores and others encountered live specimens back in the day. To the best of anyone’s knowledge these giants are long gone, and it […]

(Bloomberg) — SoftBank Group Corp. has invested about $3.9 billion into 25 of the world’s largest technology companies including Amazon.com Inc., Tesla Inc., Netflix Inc. and Alphabet Inc.The Japanese conglomerate owned $1.04 billion of Amazon stock, its biggest investment, a $475 million stake in Alphabet, $248.6 million of Adobe Inc. and $189 million of Netflix, […]

Investors will now have greater access to Chinese tech firms including Alibaba, China's answer to Amazon.

Options investors are ramping up bets on some of this year’s biggest winners, including Amazon.com Inc, Netflix Inc and Tesla Inc, even as they turn cautious on the wider market amid a resurgent U.S. coronavirus outbreak. Investors are betting that tech-related stocks will remain comparatively resilient to the coronavirus-fueled economic disruptions that have battered sectors […]