Tag Archives: technology
Analysis-Global investors relieved by China tech rebound, but not convinced yet
By Xie Yu and Summer Zhen HONG KONG (Reuters) - Rather than spur a relief rally in China's battered tech sector, the past week's developments at Jack Ma-founded Ant Group have merely reminded global i...
Jul 12, 2023
EU watchdog calls for early adoption of stablecoin standards
By Huw Jones LONDON (Reuters) - The European Union's banking watchdog urged stablecoin issuers on Wednesday to voluntarily comply with 'guiding principles' on managing risks and protecting consumers a...
Jul 12, 2023
Beijing’s regulatory crackdown wipes $1.1 trln off Chinese Big Tech
By Donny Kwok and Scott Murdoch HONG KONG (Reuters) - China's major tech companies have shed more than $1 trillion in value -equivalent to the entire Dutch economy - since the government's regulatory ...
Jul 12, 2023
Countries agree to extend digital services tax freeze through 2024
PARIS (Reuters) - With the exception of Canada, countries with digital services taxes have agreed to hold off applying them for at least another year as a global multinationals tax deal to replace the...
Jul 12, 2023
Analysis-China’s slow AI roll-out points to its tech sector’s new regulatory reality
By Josh Ye HONG KONG (Reuters) - China has joined the global rush to generative artificial intelligence, boasting close to 80 AI models from firms like Baidu and Alibaba and startups attracting almost...
Jul 12, 2023
India cenbank calls on more lenders to offer digital rupee – sources
By Siddhi Nayak MUMBAI (Reuters) - The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to i...
Jul 12, 2023
Dutch light chips company Smart Photonics gets $110 million in debt funding
AMSTERDAM (Reuters) - Smart Photonics, a Dutch company targeting the market for photonic computer chips, said on Wednesday it has received 100 million euros ($110 million) in debt funding. The money i...
Jul 12, 2023
China’s state planner praises Tencent, Alibaba as attitude towards tech shifts
BEIJING (Reuters) - China's state planner on Wednesday praised Tencent and Alibaba in a statement detailing a study it had done on platform firms, in the latest sign authorities are warming up to the ...
Jul 12, 2023
Nvidia is in talks to be an anchor investor in Arm IPO – FT
(Reuters) -Chip designer Arm is in talks to bring in Nvidia as an anchor investor as it presses ahead with plans for a New York listing as soon as September, the Financial Times reported on Wednesday....
Jul 12, 2023
Exclusive-SoftBank considering U.S. listing for PayPay payments business- sources
By Sam Nussey and Miho Uranaka TOKYO (Reuters) - SoftBank is considering a U.S. listing for its PayPay payments business, three sources familiar with the matter said, in what could mark another Americ...
Jul 12, 2023
