Stay informed with free updates by signing up for the Big Tech myFT Digest, delivered directly to your inbox. Recent events have marked a turning point in global efforts to regulate the digital economy, including US vs Google antitrust cases, EU rulings against Google and Apple, and the FTC’s investigation into digital price discrimination. The shift towards regulating digital platforms like traditional industries is evident in federal rulings finding Google an illegal monopoly and ongoing investigations into algorithmic price discrimination.
Full Article
Intel Names Lip-Bu Tan as New C.E.O. Amid Turnaround Efforts
Intel, a struggling semiconductor company, has appointed Lip-Bu Tan as its new CEO to help restore its reputation and market share. Tan, a seasoned business leader, faces the challenge of revitalizing the company after years of decline, including job cuts and loss of market value. Investors have responded positively to Tan's appointment, with Intel's stock price rising over 11% in aftermarket trading. Full Article
Read more