Tech giant articles
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China tech giant Alibaba posts modest yearly revenue growth
Chinese ecommerce giant Alibaba announced Tuesday a modest increase in annual revenue, as the firm pursues a major overhaul and regulatory curbs on the country's tech sector are relaxed.The Hangzhou-based company is one of the biggest players in China's tech industry, with operations spanning retail, digital payment, artificial intelligence and entertainment.Alibaba posted revenue of 941.2 billion yuan ($130.4 billion) in the fiscal year ending March 31, up 8% year-on-year, a statement by the...
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Booking.com joins tech giants as ‘gatekeeper’ under EU competition rules
Booking.com has joined the ranks of tech giants, such as Google and Meta, that fall under the EU’s sweeping online competition rules. Dubbed the Digital Markets Act (DMA), the law aims to establish a level digital playing field by setting clear rights and obligations for large online platforms, referred to as “gatekeepers.” The goal is to tackle monopolising practices. “Booking is an important player in the European tourism ecosystem and is now also a designated gatekeeper,” said Thierry...
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Tech Giant Apple Attempts To Patent Biosignal Technology For In-Ear Airpods
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