G20 to seek stricter taxation rules for digital giants at Fukuoka meeting, draft statement shows
Finance ministers and central bank governors are also set to warn that the world economy continues to face risks from trade conflicts between leading economies.
Amazon's new drones to start delivering packages in months, but no specifics on where yet
Amazon.com Inc. has new drones that in coming months will deliver packages to customers in 30 minutes or less, a step toward a goal that has eluded the retailer for years. The new drone takes off and lands vertically like a helicopter, is more stable ...
G7 to cooperate in regulating global tech giants to protect competition, Japan sources say
Group of Seven nations will work together to boost the regulation of global information technology giants as criticism mounts that they are taking advantage of smaller companies by restricting entry to the market, Japanese government sources said Thursday. Antitrust regulators from G7 member nations have ...
Japan eyes legislation to regulate global and domestic tech giants
The government said Wednesday it plans to submit a bill to the Diet next year to regulate global and domestic technology giants amid concerns some are stifling fair competition due to their overwhelming market share. The bill to enhance transparency in the business transactions of ...
Leaders of big tech companies will be asked to testify as part of an investigation into whether the companies misuse their massive market power, the head of the U.S. House Judiciary subcommittee leading the probe said on Tuesday. The comments came a day after sources ...
Silicon valley battered as Washington turns up antitrust heat
Technology giants are bracing for sweeping investigations into their business practices as top U.S. antitrust officials and lawmakers carved out a battle plan targeting Silicon Valley's best-known names — sending shares tumbling and raising the prospect of a drawn-out fight with the government. The House ...
G20 to seek agreement on international tax rules for IT giants by 2020
Finance chiefs from the Group of 20 major economies will approve in early June a plan to create global tax rules covering digital giants, including Google LLC and Facebook Inc., based more on where they make their sales rather than where their permanent offices ...
Amazon Japan and Life supermarket tie up to sell fresh foods online, starting in Tokyo
Amazon.com Inc.'s Japanese unit and Life Corp., one of the country's major supermarket chains, said Thursday they will join forces to sell fresh foods online starting later this year, aiming to attract elderly and busy customers. In Amazon's first tie-up with a Japanese supermarket operator, ...
At Fukuoka meeting, G20 states may ink tax policy for internet giants based on users in each nation
The policy is likely to be signed by G20 finance ministers when they meet in the city of Fukuoka on June 8-9, the Nikkei said.
Toyota considers investment in Chinese ride-hailing giant Didi
Toyota Motor Corp. is considering investing up to ¥60 billion ($550 million) in Chinese ride-hailing giant Didi Chuxing Technology Co. in an effort to expand its business in China, sources close to the matter said Wednesday. Toyota and Didi are looking to set up a ...
Amazon Japan halts direct sales of Huawei products after Trump's blacklisting of Chinese firm
Amazon Japan has suspended direct online sales of Huawei Technologies Co. products after Washington last week blacklisted the Chinese communications giant, sources close to the matter said Friday. The e-commerce titan's move came as major Japanese mobile phone service operators such as KDDI Corp. and ...
Facebook, Google, Twitter and other tech companies joined a dozen countries in a global pledge Wednesday to step up efforts to keep internet platforms from being used to spread hate, organize extremist groups and broadcast attacks. World leaders, led by French President Emmanuel Macron, and ...
