Strong investor appetite for the technology sector is set to drive recovery in private equity with the booming area seen as a safe harbour for investments during COVID-19 and forecast to be the major source of deal activity. In a report to be released on Monday titled The Carry: Private […]

If you’ve got a tech-obsessed friend, you’ll know there’s nothing better than gifting them a brand new gadget that they can mess around with. But we also know that buying these new devices depends on the kind of person your friend is, which makes it a bit more difficult to […]

SPRING VALLEY, NY—Schools and students in Hudson Valley rely on technology now more than ever, but technology is not always reliable or widely available. This summer, Jerry Registre, a Google intern from Spring Valley, is undertaking a critical project to help schools keep technology in the hands of their students. […]

US President Donald Trump attends meeting in the Oval Office on June 24, 2020. Saul Loeb/AFP via Getty Images Good morning! This is the tech news you need to know this Tuesday. Sign up here to get this email in your inbox every morning. Trump reportedly said TikTok has until […]

Despite the coronavirus pandemic and concerted anti-trust scrutiny, big tech companies reported blowout June-quarter earnings on Jul 30, surpassing Wall Street expectations. Apple Inc. AAPL, Amazon.com, Inc. AMZN, Alphabet Inc. GOOGL and Facebook, Inc. FB together racked up profits of almost $29 billion on sales of nearly $200 billion in […]

Four of the nation’s most powerful CEOs beamed into a Capitol Hill hearing Wednesday and raised their hands to swear to tell the truth as they faced a barrage of questions on one major issue: Are their companies too big and powerful for America’s good? Members of the House Judiciary […]

Everything that happened at the Big Tech anti-trust virtual hearing There was yelling. There was butt-kissing. There was Jeff Bezos forgetting to take himself off mute. Another congressional hearing where members of congress get to blast tech CEOs with questions – some crucial, some nonsense – is in the books. […]

We are currently in one of the busiest shopping seasons of the year – Back to School. Every year, retailers are benefited from the start of the school year, but this year the shopping trend is likely to be a little different thanks to the coronavirus pandemic. As per the […]

People walking in Shanghai China appears to be recovering well from the coronavirus-induced economic slump. Shaking off its 6.8% contraction in the first quarter resulting from the pandemic lockdown, the Asian economic giant’s economy is picking up faster than Europe and the US. Indeed, the Shanghai Composite Index rose 5.7% to a […]

Washington (AFP) – US lawmakers will grill the chiefs of Amazon, Apple, Facebook and Google Wednesday about how they wield marketplace power in what promises to be a rare political spectacle. The House of Representatives hearing comes amid rising concerns over Big Tech dominance, which has become even more pronounced […]

Unprecedented is a dangerous word in journalism, but this really hasn’t happened before. On Wednesday, four of the biggest names in tech will give evidence to members of the US Congress. Mark Zuckerberg (Facebook), Sundar Pichai (Google), Tim Cook (Apple) and Jeff Bezos (Amazon) will all be grilled. Jeff Bezos […]

San Francisco (AFP) – Leaders of the world’s four most powerful companies will defend the Internet giants, painting them as US success stories in a fiercely competitive world during a major antitrust hearing Wednesday. The unprecedented hearing will feature chief executives Jeff Bezos of Amazon, Tim Cook of Apple, Mark […]

Read the prepared opening remarks from Facebook CEO Mark Zuckerberg, Amazon CEO Jeff Bezos, Alphabet CEO Sundar Pichai and Apple CEO Tim Cook, who will testify at a House antitrust hearing on Wednesday. Facebook CEO Mark Zuckerberg’s opening statement I. Introduction Chairman Cicilline, Ranking Member Sensenbrenner, and members of the […]