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Verizon has struggled to make headway in a highly competitive internet advertising space dominated by Facebook Inc and Google and has focused its resources on developing 5G. Photograph: Alastair Pike/AFP

Verizon Communications is getting rid of media businesses that include iconic brands Yahoo and AOL for $5 billion (€4.1 billion), ending an expensive (...)

Stephen Schwarzman, chief executive of Blackstone (L), with president Donald Trump in  2017. In 2020 Schwarzman earned one-fifth more than  the previous year. File photograph: Al Drago/The New York Times

Private equity executives who rank among the richest men on Wall Street received hundreds of millions of dollars in payouts even as the US economy fal(...)

A seat in business or first class is on average five times more expensive than in economy. Photograph: iStock

Ian Woodroofe, has notched up a business trip “probably every week” – often overseas – for more than 20 years. Trips were always business class and he(...)

The states asked the court to find Google guilty of breaking antitrust law. Photograph:  Kenzo Tribouillard/AFP via Getty Images)

Google faced its third major lawsuit in two months on Thursday as 38 US states and territories accused the $1 trillion company of abusing its market p(...)

Airbnb’s international arm, which usually accounts for at least half of group profits, was hit harder by the pandemic than the US. Photograph: Getty

Revenues at Airbnb’s main Irish subsidiary halved during the first nine months of the year due to the Covid crisis, according to new figures included (...)

European executive vice-president Margrethe Vestager. Photograph:  Olivier Hoslet/pool/AFP via Getty Images

A group of 165 companies and industry bodies have called on EU antitrust enforcers to take a tougher line against Google, saying the US tech giant unf(...)

 The hotel industry has stepped up its lobbying campaign for more regulation of online booking platforms, such as Airbnb and Booking. Photograph: John Mac Dougall/AFP/Getty Images

The EU is debating guidelines that would classify the accommodation booking company Airbnb as a “gatekeeper” platform, paving the way for much strict(...)

A  Grubhub delivery person in New York. Photograph: Gabriela Bhaskar/The New York Times

Uber Technologies chief executive Dara Khosrowshahi has spent much of his career deftly negotiating acquisitions. Yet his $6.5 billion all-stock bid f(...)

Cimpress subsidiary National Pen employs a large number of people in Dundalk

Private equity giant Apollo Global Management is to invest $300 million (€ 276 million) in Irish-domiciled printing group Cimpress, which owns Vistapr(...)

Airbnb:  Brian Chesky says he plans to focus on part-time hosts and put less emphasis on professionals. Photograph: Dado Ruvic/Reuters

Back in March, when social distancing and self-quaranting were still novelties, Airbnb’s chief executive, Brian Chesky, hung an oversized print from h(...)

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