Google faces £25bn UK lawsuit over ad monopoly claims May 28, 2025 Google is facing a £25bn legal claim in the UK, as a new lawsuit accuses the tech giant of abusing its dominant position in the online search advertising market, driving up prices for UK advertisers over more than a decade. The claim, filed with the Competition Appeal Tribunal (CAT) and led by Roger Kaye KC, [...]
Microsoft is past its glory days says UK fund manager May 19, 2025 Liontrust’s global innovation fund team made a striking call that bucks the conventional wisdom of leading tech stocks by saying that Microsoft, one of the world’s most valuable firms, may no longer be a long-term winner. Storm Uru and Clare Pleydell-Bouverie, co-managers of Liontrust’s Innovation Fund, have told City AM they no longer hold any [...]
Google pays up as antitrust scrutiny heightens May 13, 2025 Google’s recent settlement of $1.38bn (£1.05bn) with the state of Texas marks a significant moment in the tech titan’s ongoing legal battles over both privacy violations and anti-competitive practices. The settlement, which resolves two major lawsuits filed in 2022, accused Google of secretly collecting biometric data such as facial recognition and local tracking, without user [...]
Apple looking at raising iPhone prices May 12, 2025 Apple is considering raising prices for its next iPhone lineup, with increases likely tied top new features and design changes, rather than ongoing US-China trade tensions. The current lineup ranges from $799 to $1,199. Yet analysts believe the newest model, Pro Max, could hit $1,900 if its pricing reflects upgrades and tariff costs. The Wall [...]
Magnificent Seven magic is ‘dead’, says top tech investor May 6, 2025 For years, investors have relied on the Magnificent Seven to provide massive returns. Now, one of its biggest beneficiaries has said that strategy is “mostly dead”. The small group of giant tech stocks has seen a tripling of its total weight in the S&P 500 over the last decade, and now makes up around a [...]
Microsoft shares jump after AI bets pay off May 1, 2025 Microsoft shares surged over six per cent in after hours trading on Wednesday after the tech giant delivered another quarter of better than expected earnings, driven by its booming cloud and artificial intelligence (AI) businesses. The company posted revenue of $70.1bn (£52.5bn) for the quarter ending in March, up 13 per cent year on year, [...]
Meta surges on bold AI spend – but tariff risks loom May 1, 2025 Meta platforms delivered strong first quarter earnings after market close on Wednesday, with revenue and profit surpassing Wall Street expectations thanks to continued growth in advertising and an aggressive push into AI. But the firm’s exposure to global trade tensions and regulatory headwinds in its European market present a complicated picture for investors evaluating the [...]
Google back in the hot seat as antitrust pushes Chrome sell April 22, 2025 Alphabet-owned Google returned to a Washington DC courtroom on Monday for the remedies phase of the US government’s landmark antitrust case, with the department of justice (DOJ) calling for a structural breakup of the tech giant – including a forced sale of its Chrome browser. The trial follows a 2023 ruling by US district judge [...]
What’s going on with Trump’s tech tariffs? April 14, 2025 This weekend, investors got a rare gift from the Trump administration, under the form of a tech tariff reprieve. Or so they thought. True to Trump-era form, the relief came wrapped in mixed messages and policy pivots, causing enough confusion to keep Wall Street analysts scratching heads. After rattling markets with sweeping tariffs on Chinese [...]
Will Zuckerberg have to sell WhatsApp and Instagram? April 14, 2025 Meta Platforms heads to trial on Monday in a landmark antitrust case that could force chief executive Mark Zuckerberg to sell Instagram and WhatsApp – two pillars of its $1.3 trillion (£1 trillion) empire. The Federal Trade Commission (FTC) has alleged that Meta, then Facebook, illegally bought Instagram in 2012, and WhatsApp two years later, [...]