Jack Dorsey’s Square buying fintech Afterpay
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Twitter founder and CEO Jack Dorsey´s payment platform firm Square is buying Australian Afterpay that offers buyers to pay by instalments, for USD 29 billion, meaning that Square will widen
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All you need to know about PayPal’s “super app”
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PayPal’s “super app” is now code-complete and set to roll out soon, as announced during the company’s second-quarter earnings call. According to PayPal CEO Dan Schulman, the initial version of
A €746 million EU fine is “without merit,” says Amazon
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Amazon has been hit with a record €746 million fine after the Luxemburg data privacy regulator said the e-commerce giant had violated the EU bloc’s GDPR rules. Regulators said Amazon’s
Google sued in U.K. for overcharging users
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Google systematically breaks the law and overcharges millions of UK users for apps and other purchases made on Google Play Store, according to a legal action brought in a U.K.
Amazon reports slower growth rate as shops open up
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Amazon’s Q2 report showed revenues up 27% to USD 113bn for the second quarter from USD 88.91bn one year earlier. However, the company warned that sales will grow slower in
LinkedIn allows staff to work fully remote
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As big cοmpanies across the world are planning the return to the office this fall – with some of them requiring full vaccination proof from their employees – LinkedIn took
Top German court tells Facebook to reinstate removed posts
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A German federal court has ruled that Facebook acted illegally in taking down racist posts and blocking the account of their authors, arguing that the company failed to inform the
Facebook beats revenue expectations but warns for growth slowdown
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Facebook said it expects Apple’s recent update of the iOS software for iPhones to have a negative impact on advertising revenue and warned it expects revenue growth to “decelerate significantly” in the
Consumers losing money on fake tech support
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Three out of five consumers have encountered a tech support scam in the last 12 months. One out of six consumers was tricked into continuing with the scam, often leading to victims
Big Tech reporting strong quarterly results
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The big tech kicked off its earnings season with Apple, Alphabet and Microsoft all reporting very strong quarterly results. Google’s mother company Alphabet nearly tripled its net income to USD