Tag Archives: technology
Telefonica sells controlling stake in Peruvian fibre optic network to KKR
MADRID (Reuters) - Telefonica has sold a 54% stake in its fibre optic network in Peru to U.S. private equity fund KKR and 10% to Entel's local business, the Spanish telecoms group said on Friday, addi...
Jul 07, 2023
Deutsche Boerse extends SimCorp takeover offer as it awaits regulators
FRANKFURT (Reuters) -Deutsche Boerse said on Friday that it was extending an offer period to shareholders for its takeover of the Danish investment management software company SimCorp as it awaits Eur...
Jul 07, 2023
Elon Musk’s SpaceX to launch satellite internet service in Mongolia
BEIJING (Reuters) - Mongolia has approved two special licences for Elon Musk's SpaceX to operate as a service provider using low-orbit satellites, according to a government statement on Friday. Millio...
Jul 07, 2023
Uber, Facebook linked to PwC Australia tax schemes based on leaked government plans
By Lewis Jackson SYDNEY (Reuters) - PwC Australia advised Uber and Facebook how to restructure in face of an Australian law clamping down on tax avoidance, but both companies said on Friday they were ...
Jul 06, 2023
Samsung Elec flags 96% drop in Q2 profit as chip glut persists
SEOUL (Reuters) -Samsung Electronics Co Ltd reported a likely 96% plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses in th...
Jul 06, 2023
Binance’s chief strategy officer Patrick Hillman quits – tweet
(Reuters) - Cryptocurrency exchange Binance's Chief Strategy Officer Patrick Hillman has quit the firm, he said in a tweet on Thursday. (Reporting by Jaiveer Singh Shekhawat in Bengaluru)
Jul 06, 2023
Suncor says unauthorized party obtained Petro-Points members’ basic contact data
(Reuters) - Canadian energy firm Suncor Energy on Thursday said that due to a cyber security incident on June 21, unauthorized party obtained Petro-Points members' basic contact information. "Based on...
Jul 06, 2023
ByteDance launches new music streaming service in Brazil, Indonesia
SAO PAULO (Reuters) - Chinese company ByteDance, which owns short-video company TikTok, on Thursday said it will launch a new music streaming service in Brazil and Indonesia, as it tries to become a p...
Jul 06, 2023
Twitter is threatening to sue Meta over Threads – Semafor
(Reuters) - Twitter is threatening legal action against Meta Platforms over its new Threads platform, Semafor reported on Thursday, citing a letter sent to the Facebook parent's CEO Mark Zuckerberg by...
Jul 06, 2023
US, Canadian authorities warn about rising Truebot malware use to target organizations
OTTAWA (Reuters) - U.S. and Canadian authorities issued a joint advisory on Thursday warning about a widespread increase in the use of a type of malware called Truebot to target organizations in the t...
Jul 06, 2023
