Technology

EU antitrust chief calls for global approach towards tech giants

Europe’s antitrust chief Margrethe Vestager, the architect of landmark rules to curb the power of U.S. tech giants, called on Thursday for a global approach towards Big Tech to prevent companies taking advantage of enforcement gaps.

Tata, India’s electric vehicle king, takes a frugal road less travelled

To make its first electric vehicle for the consumer market, India’s Tata Motors Ltd (TAMO.NS) repurposed an unused shop floor at its flagship plant. Here, there’s no fancy assembly line – Nexon SUV bodies designed for gasoline models are wired and fitted with battery packs by hand.

Apple sees bigger supply problems after strong start to year

Apple Inc (AAPL.O) on Thursday forecast bigger problems as COVID-19 lockdowns snarl production and demand in China, the war in Ukraine dents sales and growth slows in services, which the iPhone maker sees as its engine for expansion.

PayPal shares rise despite cut in annual profit view

PayPal Holdings Inc (PYPL.O) shares traded higher Wednesday even after the company lowered its full-year profit outlook, signaling that payments volumes could take a hit from surging inflation and the conflict in Ukraine.

EU antitrust chief calls for global approach towards tech giants

Europe’s antitrust chief Margrethe Vestager, the architect of landmark rules to curb the power of U.S. tech giants, called on Thursday for a global approach towards Big Tech to prevent companies taking advantage of enforcement gaps.

Tata, India’s electric vehicle king, takes a frugal road less travelled

To make its first electric vehicle for the consumer market, India’s Tata Motors Ltd (TAMO.NS) repurposed an unused shop floor at its flagship plant. Here, there’s no fancy assembly line – Nexon SUV bodies designed for gasoline models are wired and fitted with battery packs by hand.

Apple sees bigger supply problems after strong start to year

Apple Inc (AAPL.O) on Thursday forecast bigger problems as COVID-19 lockdowns snarl production and demand in China, the war in Ukraine dents sales and growth slows in services, which the iPhone maker sees as its engine for expansion.

PayPal shares rise despite cut in annual profit view

PayPal Holdings Inc (PYPL.O) shares traded higher Wednesday even after the company lowered its full-year profit outlook, signaling that payments volumes could take a hit from surging inflation and the conflict in Ukraine.

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