Tag Archives: technology
Big Tech bill has votes needed to pass, top U.S. antitrust lawmaker says
WASHINGTON (Reuters) - A top Democratic lawmaker on antitrust issues said Tuesday a bill aimed at reining in the market power of Big Tech platforms like Amazon.com and Alphabet's Google had the votes ...
Syndicated Content Jun 14, 2022
El Salvador’s bitcoin holdings value slashed in half by sell-off
LONDON (Reuters) - El Salvador's bet on bitcoin was slashed on Tuesday by half as the more than $100 million in the country's publicly disclosed purchases dropped more than 50% in value. The 10 purcha...
Syndicated Content Jun 14, 2022
Meta wins appeal against block of Giphy deal by UK regulator
LONDON (Reuters) - Meta Platforms won its appeal on Tuesday against Britain blocking its 2020 acquisition of GIFs supplier Giphy on one ground, the country's Competition Appeal Tribunal (CAT) ruled. T...
Syndicated Content Jun 14, 2022
Russia’s Wildberries selling Zara clothes online despite Inditex halting operations
(Reuters) - Russian e-commerce leader Wildberries is still selling clothes from Inditex brands that have suspended operations in the country, including the Spanish group's main Zara label. The TASS ne...
Syndicated Content Jun 14, 2022
Lenovo Group buys stake in PCCW’s digital units for $614 million
(Reuters) - China's Lenovo Group will buy stakes in two units of investment holding firm PCCW Ltd for a combined $613.6 million in cash and stock, the world's largest maker of personal computers said ...
Syndicated Content Jun 14, 2022
UBS CEO says digital euro not risky if done properly
MILAN (Reuters) - A digital euro would carry benefits in terms of "fast and cheaper" execution as well as trustworthiness, UBS Chief Executive Ralph Hamers said on Tuesday. "It would ensure that there...
Syndicated Content Jun 14, 2022
Google outlines infrastructure investment in Brazil, announces new office
SAO PAULO (Reuters) - Alphabet Inc's Google Cloud announced on Tuesday it has invested 1.6 billion reais ($312.65 million) in technical infrastructure since 2017 in Brazil, as well as the opening of a...
Syndicated Content Jun 14, 2022
Adobe revamps metaverse design tools for Apple’s chips
By Stephen Nellis (Reuters) - Adobe Inc on Tuesday said it has reworked several of its tools for creating three-dimensional content to make them work well on Apple Inc computers that use the iPhone ma...
Syndicated Content Jun 14, 2022
Coinbase to cut 1,100 jobs amid turmoil in crypto markets
(Reuters) -Cryptocurrency exchange Coinbase Global Inc said on Tuesday it would slash 18% of its workforce, or about 1,100 jobs, as part of efforts to rein in costs amid volatile market conditions. Th...
Syndicated Content Jun 14, 2022
Short-video app Triller and SeaChange call off $5 billion merger
(Reuters) - Short-video app Triller said on Tuesday it had ended its merger agreement with SeaChange International Inc, a provider of video advertising and streaming technology, sending shares of the ...
Syndicated Content Jun 14, 2022

