Day: 8 December 2022

Amazon Launches TikTok-Style Feed in Push to Accelerate Social Shopping

Ofcom will investigate the world’s biggest tech companies to ensure their dominance in areas such as cloud computing, messaging and smart devices works for the people and businesses of Britain, the communications regulator has said. The cloud services investigation, which will take priority out of the three issues, will look at Amazon, Microsoft and Google. Between them, these “hyperscalers” control more than four-fifths of the UK’s cloud computing market, about half of which is made up by Amazon. Over the coming year, the regulator will begin investigating a wider range of digital services. WhatsApp, FaceTime and Zoom will come under the lens, with Ofcom looking at how their market power is affecting traditional calling and messaging, and whether the lack of interoperability “raises potential concerns”.

By:  Wall Street Journal December 8, 2022 Amazon AMZN -8.43%decrease; red down pointing triangle.com Inc. is rolling out a TikTok-like feature in its app that will allow customers to buy products from a customized feed of photos and videos. Amazon launched the feature Thursday for select customers and plans to make it available across the U.S. in […]

FTC Sues to Block Microsoft’s Acquisition of Activision Blizzard

By:  Wall Street Journal December 8, 2022   The Federal Trade Commission Thursday sued Microsoft Corp. MSFT -2.36%decrease; red down pointing triangle to block its planned $75 billion acquisition of Activision Blizzard Inc., ATVI -2.43%decrease; red down pointing triangle taking one of its biggest shots under the Biden administration at halting a merger of technology giants. The lawsuit sets the stage for a court challenge over the deal as […]

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