Tag: Amazon.com Inc.

Apple iMessage, Microsoft Bing Dodge EU’s Big Tech Crackdown
Technology

Apple iMessage, Microsoft Bing Dodge EU’s Big Tech Crackdown

[ad_1] Apple Inc.'s iMessage and Microsoft Corp.'s Bing search engine, Edge web browser and Advertising service will avoid strict new European Union rules reining in Big Tech platforms.A probe concluded that the services don't hold a dominant enough position to be regulated under the EU's Digital Markets Act, the European Commission announced on Tuesday. Apple and Microsoft said they welcomed the decision in separate statements following the announcement.  The decision from EU regulators is a win for the two US firms, which would have been obliged to adapt their services to meet a swathe of new obligations and prohibitions designed to limit market power abuses. The decision confirms an earlier Bloomberg News report that the services would escape the scope of the tech crackdown.   We are...
Spotify Eyes $1 Increase in Monthly Price of Its Ad-Free Service
Technology

Spotify Eyes $1 Increase in Monthly Price of Its Ad-Free Service

[ad_1] Spotify Technology SA is planning a $1-a-month increase in the price of its premium subscription, the ad-free version of its music and podcast streaming service.The timing of the increase — which would boost the price to about $11 a month — isn't definite, but could be announced as early as next week, said a person familiar with the company's thinking who asked not to be identified. A higher price would fit with Spotify's intention, initially reported by Bloomberg last month, to introduce a super-premium plan with high-fidelity audio. The news, reported earlier Friday by the Wall Street Journal, sent Spotify up as much as 4.1% in intraday trading. The shares closed down less than 1% to $171.71. The music streaming leader has been an outlier in holding the line on prices after riv...
Jobs! Amazon Plans to Hire 150000 Workers for Holiday Season
Technology

Jobs! Amazon Plans to Hire 150000 Workers for Holiday Season

[ad_1] Amazon.com Inc. plans to hire 150000 seasonal workers, about the same as last year despite slowing sales growth. Amazon.com Inc. plans to hire 150000 seasonal workers, about the same as last year despite slowing sales growth and predictions of a lackluster holiday shopping season. The world's largest online retailer typically hires legions of temporary workers this time of year to help store, pack and ship items from its warehouses. Employees can earn more than $19 an hour, on average, based on their position and location in the US, Amazon said in a statement. The announcement suggests that Amazon expects steady demand for its logistics services even with shoppers back in stores and trimming their budgets amid the highest inflation in decades. In an effort to jumpstart sal...