Tag Archives: technology
Users should be allowed to sue U.S. tech giants under EU rules, civil groups say
By Foo Yun Chee BRUSSELS (Reuters) - Individual users should be allowed to take U.S. tech giants to court for breaching landmark EU rules aimed at curbing their power, Privacy International, pan-Europ...
Syndicated Content Feb 21, 2022
China asks banks, firms to report exposure to Jack Ma’s Ant Group -Bloomberg News
(Reuters) - Chinese authorities have told state-owned firms and banks to start a fresh round of checks on their financial exposure and other links to Ant Group Co Ltd, Bloomberg News reported on Monda...
Syndicated Content Feb 21, 2022
E-bike startup Zoomo raises extra $20 million for European expansion
By Nick Carey LONDON (Reuters) - Zoomo, a startup that designs and sells commercial grade e-bikes for online deliveries, said on Tuesday it had raised an additional $20 million in its latest funding r...
Syndicated Content Feb 21, 2022
Warburg Pincus-backed Princeton Digital raises $500 million, led by Mubadala
By Anshuman Daga SINGAPORE (Reuters) - Asian data centre operator Princeton Digital Group, backed by Warburg Pincus, has raised $500 million in an equity funding round led by Abu Dhabi state fund Muba...
Syndicated Content Feb 21, 2022
SoftBank seen trimming Alibaba stake to fill shortfall -analyst
By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp is likely to trim its stake in Chinese e-commerce giant Alibaba, an analyst said on Tuesday, as the Japanese tech conglomerate invests in unlisted s...
Syndicated Content Feb 21, 2022
Russian lender Sberbank, retailer X5 in talks to expand cooperation in e-commerce
MOSCOW (Reuters) - Russian lender Sberbank and retailer X5 Group are in talks to expand their cooperation on joint projects in e-commerce, cloud technologies and artificial intelligence, the companies...
Syndicated Content Feb 21, 2022
EU, U.S. trade, technology body to meet May 15-16 in France
BRUSSELS (Reuters) - The U.S.-European Union Trade and Technology Council, set up last year to mend strained transatlantic trade relations and help the allied democracies better compete with China, wi...
Syndicated Content Feb 21, 2022
Apple supplier Luxshare plans share issue to fund new production lines
BEIJING (Reuters) - Luxshare Precision Industry Co Ltd, an Apple Inc supplier, said on Monday it aims to raise up to 13.5 billion yuan ($2.13 billion) to fund six projects, including building a produc...
Syndicated Content Feb 21, 2022
Dutch consumer watchdog gives Apple fifth $5.7 million fine over App Store dispute
AMSTERDAM (Reuters) - The Dutch antitrust watchdog fined Apple 5 million euros ($5.7 million) again on Monday, the fifth such fine for failing to allow software application makers in the Netherlands t...
Syndicated Content Feb 21, 2022
Playtech boss could join investor group for possible takeover bid
(Reuters) - The boss of British gambling software maker Playtech may participate in a takeover approach for the group led by its second-largest shareholder TTB Partners, the company said on Monday. Pl...
Syndicated Content Feb 21, 2022

