How a U.S. Tax Loophole Supercharged China’s Exports
E-commerce trade in small parcels brought Chinese factories to American shoppers. Tariffs are severing the connection.
Tech
TikTok Fined $600 Million for Sending European User Data to China
Irish investigators said TikTok did not protect the data of users in the European Union, improperly transferring some of it to China. TikTok said it would appeal.
Justice Dept. Lawyers Say US Wants to Break up Google’s Ad Technology
In a hearing on Friday, lawyers for the Justice Depart. indicated the government would double down on its requests to break up the tech giant’s business.
Apple Tops Wall Street Expectations With $24.78 Billion Profit
The iPhone maker’s sales rose 5 percent to $95.36 billion, also beating expectations for its most recent quarter.
What Happens to Apple if Trump’s Trade War Forces It to Cut Ties With China
The world’s most valuable company has become so reliant on Chinese suppliers and sales that it would be worth half as much or less without them.
How Google’s Antitrust Case Could Upend the A.I. Race
A landmark antitrust lawsuit about the past has turned into a fight about the future.
Meta Says It Anticipates Continued Growth Despite Tariffs
The Silicon Valley company made the revenue projection as it reported a 35 percent rise in profit in the first quarter.
Google’s Chief Says Breakup Proposal Would Hobble Business
Sundar Pichai told a federal judge that the government’s solution to fix its monopoly in search would harm innovation.
Judge Rebukes Apple and Orders It to Loosen Grip on App Store
The ruling was a stinging defeat for Apple in a long-running antitrust case brought by Epic Games, the maker of Fortnite, on behalf of app developers.
