Digital Markets Unit: what powers will new UK tech regulator have? | Technology

The government has unveiled its first tentative steps towards the regulation of digital monopolies, following an investigation by the competition watchdog into the digital advertising industry. A new body, the Digital Markets Unit, will be established to lead the effort. But what it will do, what powers it will have, Continue Reading

Adevinta wins auction to buy eBay’s classified ads unit for nearly $13 billion – Software- Tempemail

Norway’s Adevinta has won the auction to buy the bulk of eBay’s classified ads unit for nearly A$12.8 billion, with the US e-commerce firm planning to keep a minority stake. The acquisition comes as the coronavirus crisis boosts demand for online marketplaces, with consumers turning to online shopping due to Continue Reading

Honeywell launches business unit to capture drone market – Hardware- Tempemail

Honeywell launched an unmanned aerial systems business to bet on the autonomous aviation space – drones, air taxis, and unmanned cargo delivery vehicles. Stéphane Fymat, the head of that new business, said Honeywell expects the hardware and software market for urban air taxis, drone cargo delivery, and other drone businesses Continue Reading

UK anti-fake news unit dealing with up to 10 false coronavirus articles a day | World news- Tempemail

Downing Street’s anti-fake news unit is dealing with up to 10 cases of misinformation about coronavirus a day as it emerged some articles are getting more views than all of those posted by the NHS put together. Oliver Dowden, the culture and digital secretary, said the government’s new rapid response Continue Reading

Waymo, the self driving unit of Google Raised Funding of $2.25 Bn- Tempemail

Read Article The self driving unit of Alphabet, Waymo, said that it has raised $2.25 billion in its first external investment round, and is also expecting to on board outside investors. Waymo was founded 11 years ago as a small project inside Google, and is now considered as the leader Continue Reading

Microsoft cuts Windows unit revenue outlook on coronavirus impact – Finance – Hardware – Software- Tempemail

Microsoft said on Wednesday it does not expect to meet its quarterly revenue forecast for its Windows and personal computing business as a result of the coronavirus outbreak, sending its shares down more than 1 percent in after-market trading. The company said the remaining elements of its fiscal third-quarter outlook Continue Reading

Microsoft Likely To House A Cloud Unit Within Big IT Companies In India- Tempemail

Read Article Reports say that Microsoft has been pushing ahead with a strategy to create a separate business unit within large IT companies, in a drive to accelerate its India business. The ITeS360 solution, as its called, the business unit helps IT companies to sell the entire stack of Microsoft Continue Reading

HCL launches dedicated Microsoft business unit- Tempemail

HCL Technologies has announced the launch of a dedicated HCL Microsoft Business Unit to help joint customers with digital transformation initiatives. The decision will extend Microsoft’s offerings of business applications, Microsoft Dynamics 365, Microsoft Azure, Internet of Things (IoT), and AI/Machine Learning, as well as help employees accomplish more in Continue Reading

JPMorgan Chase CMO Kristin Lemkau shifts to run wealth management unit

JPMorgan Chase has named its chief marketing officer, Kristin Lemkau, as head of a new US wealth management division, leaving a question mark hanging over the parent company’s marketing leadership. The Wall Street Journal today (11 December) reported the bank is creating a new unit that will appeal to those Continue Reading