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“The most important thing that we look at is the underlying health of the marketplace,” says eBay CEO Devin Wenig. “For me, that really comes down to three things. It’s how many people are shopping with us? How many people are selling with us? And how much inventory is in the...

Based on a successful delivery trial in China via Alibaba and Uber Eats in Miami, Starbucks has announced that they are adding delivery nationwide. Starbucks COO Rosalind Brewer says they are still looking at the total cost of delivery very “carefully” but they are emboldened by...

After the COVID-19 pandemic brought the global economy to a grinding halt, technology allowed it to start crawling forward again. This was by way of delivery apps for things like food and household goods as well as remote work, which has kept the economy moving, albeit more...

France’s competition authority, Autorité de la concurrence has fined Apple a record €1,1 billion ($1.23 billion) for price-fixing. At the heart of the issue is Apple’s practice of requiring distributors to sell Apple’s products for the same price as Apple itself, giving little...

Sony has announced it will pay significant bug bounties for PlayStation 4 bugs. Bug bounties are an important part of the cybersecurity and software development scene. Companies pay hackers and researchers bounties to encourage them to find and report bugs and security...

Following reports the Trump administration was in talks with chip makers to build US factories, TSMC has announced plans to do just that. TSMC is the primary provider of chips for Apple’s iPhones and iPads, as well as a variety of other smartphone makers. The news is a big win...

With the fate of many small businesses on the line, Google is donating some $800 million to assist small businesses during the economic crisis. As the global health crisis worsens, companies around the world are closing shop or drastically changing how they conduct business. Many...

Chinese tech giant Alibaba has announced its plans to invest $1.4 billion in smart speaker AI systems. Alibaba gained famed as an e-commerce giant, but has been working to branch into other markets. One of its endeavors is the Tmall Genie smart speaker, similar to the Amazon...

Amazon released its first quarter results, beating analysts revenue estimates while falling short of their earnings-per-share estimates. Amazon has been at the center of the coronavirus pandemic, as the e-commerce giant has become a lifeline for many consumers sheltering in...

“It’s the tale of two cities for me.,” says IAC and Expedia Chairman Barry Diller in a CNBC interview. “On one hand, I have IAC see which is advertising, home services, and dating. Of course, the crisis hurts some but it’s stable. IAC is very well-capitalized. So I’ve got all...