Business and Economy

Business and Economy Latest News

EU opens antitrust probe into Microsoft over Teams
EU opens antitrust probe into Microsoft over Teams
by  AFP

The European Commission on Thursday announced an antitrust probe into Microsoft bundling its Teams communications app with its popular Office suite, on concerns the firm could be cutting out competitors. Microsoft bundles Teams with its cloud-based Office 365 and Microsoft 365 suites, which offer its popular Word, Excel, Powerpoint and Excel programmes.

Facebook's algorithm doesn't alter people's beliefs: research
Facebook's algorithm doesn't alter people's beliefs: research
by  AFP

Do social media echo chambers deepen political polarization, or simply reflect existing social divisions? Nevertheless, "these findings challenge popular narratives blaming social media echo chambers for the problems of contemporary American democracy," wrote the authors of one of the papers, published in Nature.

L'Oreal boosts sales despite Asia disappointment
L'Oreal boosts sales despite Asia disappointment
by  AFP

French beauty products giant L'Oreal said Thursday it managed double-digit revenue growth in the first half of the year although sales stagnated in Asia. L'Oreal avoided a slowdown in sales in North America that hit luxury groups LVMH and Richemont, with revenues rising by 14.7 percent thanks to both price rises and the product mix.

Energy

Money

Industry

Technology

Economy