JOHANNESBURG: Google will pay more than $40 million to support South African news media, many of them floundering in a digital age, the country’s competition authority said Thursday.Tech giants, including TikTok, X and Facebook, have come under fire for anti-trust practices that the watchdog says hurt local media by limiting their ability to distribute and…
SAN FRANCISCO, Nov 13 (Reuters) – Apple (AAPL.O), opens new tab on Thursday said it would lower commissions for “mini apps” on iPhones and other devices. Apple’s App Store charges commissions of up to 30% on digital purchases. Under the program announced Thursday, that rate will come down to 15% for developers of mini apps…
Let’s be real, our phones aren’t about making calls anymore. We’re watching streaming content. We’re curating music playlists to create the soundtracks of our lives. And for those of us who grew up with console controllers in hand, we’re taking our video games on the go. If you spend your time at home conquering the…
You can think of the just-announced Steam Frame as a wireless VR headset for your PC, or a Steam Deck for your face. But another way to think about it is that Valve is finally entering the mobile realm. The Frame doesn’t just run Windows games on its Arm-based Qualcomm Snapdragon chip — Valve will…
DUBLIN, Nov 12 (Reuters) – Ireland’s media regulator began an investigation into social media platform X on Wednesday over concerns it is not giving users a chance to appeal content moderation decisions and that its internal complaint-handling systems are not easy to access. The investigation will assess Elon Musk-owned X’s compliance with parts of the…
Q3 net loss widens to $365 million from $323 million a year ago Revenue jumps 36% in Q3, but tariffs and costs hit margins Shares drop as much as 17% Nov 12 (Reuters) – Polestar reported a wider third-quarter loss on Wednesday and said it would conduct a reverse stock split – reducing the number…
April cyber hack disrupted turnaround momentum ‘Factory to floor’ supply chain overhaul underway 120 million pound investment in automation Aims to double fashion, home and beauty online sales LONDON, Nov 12 (Reuters) – Marks & Spencer is revamping its supply chain from “factory to floor”, the retailer’s new fashion boss told Reuters, as it looks…
Regional stocks up after mixed session in U.S. on Tuesday Bets of a Fed cut firm up as ADP data shows job losses mounting Oil prices at highest level this month on sanctions SINGAPORE, Nov 12 (Reuters) – Stocks made headway in Asian trading on Wednesday as the U.S. Congress looked set to end the…
ORLANDO, Florida, Nov 11 (Reuters) – U.S. tech was the major outlier in an otherwise buoyant day for global stocks on Tuesday, as relief around the expected end of the U.S. government shutdown lifted the Dow to a record closing high and other indices to new peaks too. More on that below. In my column…
A few weekends ago, I was posed with a challenge that made me clutch my zillennial pearls: a request from my editors to lock my phone away for 72 hours. Having grown up with the first generation that hardly remembers life without cellphones (and yes, I know that many people who didn’t will roll their eyes),…