Category Archives: (KFGO The Mighty 790) Technology
Exclusive: China preparing an antitrust investigation into Google – sources
By Cheng Leng, Keith Zhai and David Kirton BEIJING/SINGAPORE/SHENZHEN, China (Reuters) - China is preparing to launch an antitrust probe into Alphabet Inc's Google, looking into allegations it has lev...
Sep 30, 2020
Buoyant Boohoo lifts profit despite supply chain scandal
By James Davey LONDON (Reuters) - Boohoo reported a 51% increase in first half profit and raised its full year guidance on Wednesday, with publicity over failings in its supply chain showing no impact...
Sep 30, 2020
Baidu-backed online tutor Zuoyebang seeks new funding at $10 billion valuation: sources
By Kane Wu and Yingzhi Yang HONG KONG/BEIJING (Reuters) - Chinese online education startup Zuoyebang has started a new fundraising drive at a valuation of $10 billion, said two people with direct know...
Sep 30, 2020
Japan’s Rakuten offers $30 5G plans in industry shakeup
By Sam Nussey TOKYO (Reuters) - Japan's Rakuten Inc launched low price 5G services via its cloud-based mobile network on Wednesday in a challenge to rival carriers under fire for high prices that coul...
Sep 30, 2020
Germany to tighten scrutiny of telecoms network vendors: sources
BERLIN (Reuters) - The German government has agreed in principle to tougher oversight of telecoms network vendors that, while stopping short of a ban on Huawei, will make it harder for the Chinese com...
Sep 30, 2020
EU drafts rules to force big tech companies to share data: FT
(Reuters) - The European Union is preparing to force big technology companies to share their customer data with smaller rivals, the Financial Times reported on Wednesday, citing an early draft of its ...
Sep 30, 2020
Huawei lawyers to respond to prosecution arguments in CFO’s U.S. extradition case
By Moira Warburton and Tessa Vikander VANCOUVER (Reuters) - Lawyers for Huawei Chief Financial Officer Meng Wanzhou will have a chance on Wednesday to respond to arguments made by the Canadian governm...
Sep 30, 2020
Seattle approves minimum pay rate for Uber and Lyft drivers
(Reuters) - The Seattle City Council passed a minimum pay standard for drivers for companies like Uber Technologies Inc and Lyft Inc on Tuesday. Under the ordinance, effective January, the drivers wil...
Sep 29, 2020
Alibaba cloud division to be profitable within FY2021: CFO
HONG KONG (Reuters) - Chinese tech giant Alibaba's cloud unit expects to be profitable within 2021, a senior executive said on Wednesday. Maggie Wu, chief financial officer of Alibaba, made the remark...
Sep 29, 2020
U.S. House Judiciary antitrust report likely to come out as soon as Monday October 5: source
By Nandita Bose WASHINGTON (Reuters) - The U.S. House of Representatives Judiciary Committee's antitrust subcommittee is expected to release a much-anticipated report into antitrust allegations agains...
Sep 29, 2020
