Microsoft accused by rivals of squeezing cloud firms’ profit margins

Ofcom said it received evidence showing Microsoft makes it less attractive for customers to run its Office productivity apps on cloud infrastructure other than Microsoft Azure. Igor Golovniov | Sopa Images | Lightrocket via Getty Images Microsoft was accused Friday of abusing the dominance of its Azure cloud computing unit to squeeze a — and, … Read more

Indian firms begrudgingly comply with Google Play rules while seeking regulatory intervention

Indian firms whose apps were delisted by Google last week have begrudgingly started to comply with Play Store billing rules to get their apps back on the store. Apps like Shaadi, Matrimony.com, and Bharat Matrimony were restored after being removed from the Play Store Friday. Other apps to return include Info Edge’s Naukri and 99acres, … Read more

Chinese firm’s leaked files show vast international hacking effort

A trove of leaked documents from a Chinese state-linked hacking group shows that Beijing’s intelligence and military groups are carrying out large-scale, systematic cyber intrusions against foreign governments, companies and infrastructure — exploiting what the hackers claim are vulnerabilities in U.S. software from companies including Microsoft, Apple and Google. The cache — containing more than … Read more

U.S. considering sanctioning Chinese firms aiding Russia’s war

Russia’s President Vladimir Putin and Chinese President Xi Jinping shake hands during a meeting in Beijing on October 18, 2023. Sergei Guneyev | Afp | Getty Images Munich, GERMANY — The U.S. is considering slapping sanctions on Chinese companies it believes are helping Russia fuel its war in Ukraine, members of Congress told CNBC, marking … Read more

Japan’s stock markets are rallying. Will ‘zombie’ firms be a threat?

TOKYO, JAPAN – SEPTEMBER 03: Zombies perform on the red carpet for the ‘Resident Evil: Retribution’ World Premiere at Roppongi Hills on September 3, 2012 in Tokyo, Japan.  Adam Pretty | Getty Images Entertainment | Getty Images Japan’s stock markets have been on a stellar run since the start of 2023, repeatedly breaching 33-year highs … Read more

U.S. firms prefer India over China for supply chain needs, despite risks

Workers assemble mobile phones at a Dixon Technologies factory in Uttar Pradesh, India, on Thursday, Jan. 28, 2021. Bloomberg | Bloomberg | Getty Images U.S. firms are increasingly viewing China as a risky bet for their supply chains — neighbor India is set to benefit as companies look elsewhere to set shop. As many as … Read more

Chinese EV firms will ‘demolish’ rivals without trade barriers

By Abhirup Roy SAN FRANCISCO (Reuters) – Tesla CEO Elon Musk said on Wednesday Chinese automakers will “demolish” global rivals without trade barriers, underscoring the heat the U.S. electric vehicle market leader faces from the likes of BYD, who are racing to expand worldwide. Musk’s comments come after Warren Buffett-backed BYD – with its cheaper … Read more

Cable Firms to FTC: We Shouldn’t Have to Let Users Cancel Service With a Click

Lobbyists for cable companies and advertisers yesterday expressed their displeasure with a proposed “click-to-cancel” regulation that aims to make it easier for consumers to cancel services. Federal Trade Commission Chair Lina Khan has said that changes are needed because “some businesses too often trick consumers into paying for subscriptions they no longer want or didn’t … Read more

India puts tech firms on notice over deepfakes inaction

India has warned tech companies that it is prepared to impose bans if they fail to take active measures against deepfake videos, a senior government minister said, on the heels of warning by a well-known personality over a deepfake advertisement using his likeness to endorse a gaming app. The stern warning comes as New Delhi … Read more

Tanker firms halt Red Sea traffic after U.S. strikes Houthi militants

An Egyptian man sits and eats ice cream as he watches international cargo and tanker ships pass through the Suez canal Scott Nelson | Getty Images Several of the world’s major tanker companies on Friday halted traffic toward the Red Sea after U.S. and British airstrikes on Iran-allied Houthi militants in Yemen. Hafnia, Torm and … Read more