Category Archives: (KFGO The Mighty 790) Technology
EU’s Vestager cheers as lawmakers vote for tougher tech laws
By Foo Yun Chee BRUSSELS (Reuters) - A key committee of EU lawmakers on Monday agreed to tougher laws targeting Amazon, Apple, Alphabet unit Google and Facebook, earning a thumbs-up from EU antitrust ...
Nov 23, 2021
China tells Alibaba, Baidu cloud units to better prevent telecoms fraud
BEIJING (Reuters) - China's industry ministry on Tuesday said its cyberspace administration and police had summoned the cloud units of Alibaba and Baidu Inc to urge them to better prevent telecom netw...
Nov 23, 2021
Russia’s Qiwi upgrades 2021 outlook, sees adjusted net profit decline of 10-15%
(Reuters) - Russian payment services provider Qiwi upgraded its forecast on Tuesday due to volume growth in money remittances and financial services. The company now expects adjusted net profit to dec...
Nov 23, 2021
Moscow says 13 foreign tech firms must be represented on Russian soil by 2022
MOSCOW (Reuters) - Russia has demanded that 13 foreign technology companies be officially represented on Russian soil by the end of 2021, but has given few details on what it requires in practice, tar...
Nov 23, 2021
Vivendi says to hold onto Telecom Italia stake
MILAN (Reuters) - Vivendi has no plans to sell its stake in Telecom Italia, the French group said on Tuesday, reiterating it was a long-term investor in Italy's biggest phone group and wanted to work ...
Nov 23, 2021
Indonesia mulls media bill seeking fairer share from big tech
By Agustinus Beo Da Costa and Stanley Widianto JAKARTA (Reuters) - Indonesian authorities are assessing a draft bill that could compel tech giants like Facebook and Google to negotiate with media firm...
Nov 23, 2021
Explainer-What we know so far about El Salvador’s volcano-powered bitcoin bond
MIZATA, El Salvador/LONDON (Reuters) - El Salvador plans to build the world's first "Bitcoin City" with money from a $1 billion bitcoin-backed bond the country's President Nayib Bukele said on Saturda...
Nov 23, 2021
France’s Orange aims to add Belgian fixed line through VOO deal
By Mathieu Rosemain and Sudip Kar-Gupta PARIS (Reuters) -Orange, France's largest telecoms operator, set out a shift into Belgium's fixed line business on Tuesday, with plans to buy a majority stake i...
Nov 23, 2021
Xiaomi revenue misses estimates as competition intensifies
SHANGHAI (Reuters) -Chinese smartphone maker Xiaomi Corp on Tuesday reported a smaller than expected 8.2% rise in third-quarter revenue, hurt by intensifying competition from domestic rivals Oppo and ...
Nov 23, 2021
Citigroup to create 100 roles in digital asset push
(Reuters) - Citigroup is looking to create 100 roles focused on digital assets including blockchain and digital currencies at its institutional division, the U.S. bank said on Tuesday. The intitiative...
Nov 23, 2021
