From the US to the European Union, governments are clearly uneasy with the pervasive power of Big Tech: The influence of their social media platforms on elections, the security of the vast amount of consumer data they store, and the exploitation of gig economy workers who don’t enjoy health insurance or receive overtime pay. In the US, Congressional hearings have ...

Tesla finally notched a billion-dollar quarter where it counts: the bottom line. Net income for the second quarter was $1.1 billion, stretching to 10 figures for the first time ever. Is it enough that Elon Musk can, as he hinted on call, step back from future earnings calls? Musk dropped that mini bombshell as an aside, as he is wont ...

India’s biggest-ever initial public offering can’t be chalked up solely to the zeitgeist. Like most markets, irrational exuberance and easy money will no doubt play a part in Paytm’s upcoming $2.2 billion share sale. But above all, investors will be placing bets on what a 12-year-old, unprofitable fintech firm backed by SoftBank Group Corp and Ant Group Co could yet ...