Amazon has been hit with a whopping $888 million fine from the EU over how it handled private data.
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Emerging Trends
Tesla Settles Battery Voltage Lawsuit for $1.5 Million
Tesla has agreed to pay $1.5 million in a lawsuit over claims the company reduced the battery voltage in some vehicles via software.
T-Mobile Delivers Record Q2, Raises Guidance
T-Mobile continued its assent in the US wireless industry, turning in a record-breaking Q2 and raising guidance across the board.
SAP Partners With Google Cloud to Accelerate Customer Cloud Adoption
SAP and Google are tightening their working relationship, with the two companies partnering to help customers move to the cloud.
Tim Cook: 5G Is in ‘Very Early Innings of’ Rollout
Following a record-breaking quarter, Apple CEO Tim Cook says 5G rollout still has a long way to go and will continue to drive iPhone sales.
Cisco May Need to Open the Coffers to Remain Competitive
Analysts believe Cisco may have to spend big on acquisitions if it wants to remain competitive in a changing tech landscape.
Microsoft Tops Forecasts on Strong Cloud Results
Microsoft has announced its quarterly results, topping forecasts on strong Azure performance.
WeChat Halts New Subscriptions
Popular chat and social media app WeChat, known as Weixin in China, has announced it is suspending new subscriptions as it deploys a security upgrade.
Intel Scores Amazon and Qualcomm as Foundry Clients
Intel has scored a big win in its efforts to rebuild its semiconductor manufacturing, with Qualcomm and Amazon set to use its foundries.
Amazon Denies Bitcoin Rumors
Amazon has denied it plans on accepting Bitcoin as payment, despite a job posting that seemed to indicate the contrary.