Category Archives: (KFGO The Mighty 790) Technology
Analysis-China to crank up anti-trust heat on Big Tech after unprecedented fines
HONG KONG/BEIJING (Reuters) - China's unprecedented anti-trust squeeze on its technology giants is only just beginning. Having levied fines and announced a probe on Monday into deals backed by the lik...
Dec 15, 2020
Shares in Solutions30 slide on Muddy Waters short-seller report
PARIS (Reuters) - Shares in French-listed technology company Solutions30 slid on Tuesday, after hedge fund Muddy Waters issued a short-seller report citing corporate governance issues at the company -...
Dec 15, 2020
China central bank urges wider acceptance of cash as payments go digital
BEIJING (Reuters) - China's central bank has called for wider acceptance of cash in economic activities and vowed to punish those who refuse to accept cash payments in the wake of a widening gap in ac...
Dec 15, 2020
Nokia wins 5G contract from Proximus Luxembourg
STOCKHOLM/HELSINKI (Reuters) - Nokia said on Tuesday mobile operator Proximus Luxembourg has selected the Finnish telecom network equipment company for a seven-year deal to supply 5G coverage nationwi...
Dec 15, 2020
Indonesia says China’s CATL plans to invest $5 billion in lithium battery plant
JAKARTA (Reuters) - China's Contemporary Amperex Technology (CATL) plans to invest $5 billion in a lithium battery plant in Indonesia, Indonesia's deputy minister at the coordinating ministry of marit...
Dec 15, 2020
U.S. tech giants face 6-10% fines as EU set rules to curb their power
By Foo Yun Chee BRUSSELS (Reuters) - Amazon, Apple, Facebook and Alphabet unit Google may have to change their business practices in Europe or face hefty fines between 6-10% under new draft EU rules t...
Dec 15, 2020
Exclusive: China search giant Baidu considers making own electric vehicles – sources
BEIJING (Reuters) - China's Baidu Inc is considering making its own electric vehicles and has held talks with automakers about the possibility, said three people with knowledge of the matter, the late...
Dec 14, 2020
Apple plans 30% increase in iPhone production for first half of 2021 – Nikkei
(Reuters) - Apple Inc plans to manufacture up to 96 million iPhones for the first half of 2021, a nearly 30% year-on-year increase, Nikkei reported https://s.nikkei.com/3mlVbPC on Tuesday. (Reporting ...
Dec 14, 2020
Apple supplier Wistron puts India plant damage at up to $7 million
TAIPEI (Reuters) - The ransacking of an iPhone manufacturing facility in India caused up to T$200 million ($7.12 million) in damage though production facilities were not as badly hit as reported, its ...
Dec 14, 2020
Facebook, Twitter face British fines if fail on harmful content
LONDON (Reuters) - Facebook, Twitter and TikTok face fines of up to 10% of turnover if they fail to remove and limit the spread of illegal content under laws proposed by Britain on Tuesday. Tech platf...
Dec 14, 2020
