Spotify co-owner Daniel Ek says a bid to buy Arsenal has been rejected by the Kroenke family which owns the London-based Premier League club. The Swedish entrepreneur behind the music-streaming service first revealed his takeover interest last month after owner Stan Kroenke’s ill-fated attempt to lead Arsenal into a European Super League. The project collapsed […]
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In the latest setback to European Union efforts to tackle corporate tax avoidance, a court on Wednesday annulled a ruling by the European Commission that a tax deal between the Luxembourg government and Amazon amounted to illegal state support. The EU’s executive branch ordered the U.S. online retailer in 2017 to pay around 250 million […]
A panel of independent experts who reviewed the World Health Organization’s response to the coronavirus pandemic says the U.N. health agency should be granted “guaranteed rights of access” in countries to investigate emerging outbreaks, a contentious idea that would give it more powers and require member states to give up some of theirs. In a […]
Several of the world’s largest tech companies including Apple, Microsoft, Amazon, and Google have teamed up with chipmakers such as Intel to announce the formation of a new lobbying group to pressure the U.S. government for chip manufacturing subsidies. The lobbying group – dubbed the Semiconductor in America Coalition (SIAC) – have called on congressional […]
Americans can begin applying for $50 off their monthly internet bill on Wednesday as part of an emergency government program to keep people connected during the pandemic. The $3.2 billion program is part of the $900 billion December pandemic-relief package. The government is increasing spending on broadband as the pandemic made stark that millions of […]
Telcos have evolved from merely supplying their customers with telephony or broadband services, but also look to provide a setlist of Internet-based services such Pay TV. While this offering has brought providers with new sources of revenue, during 2020, these services slumped with telco revenues totaling $1.53 trillion in 2020, representing flat year-over-year growth, according […]
Police Chief Will Cunningham came to work four years ago to find that his six-officer department was the victim of a crime. Hackers had taken advantage of a weak password to break in and encrypt the files of the department in Roxana, a small town in Illinois near St. Louis, and were demanding $6,000 of […]
Spain approved a pioneering law Tuesday that gives delivery platforms a mid-August deadline to hire workers currently freelancing for them and that requires transparency of artificial intelligence used to manage workforces. The royal decree passed by the center-left ruling coalition immediately affects some 30,000 couriers. It comes in the wake of a ruling by Spain’s […]
Home security camera footage shows that the owner of a Tesla got into the driver’s seat of the car shortly before a deadly crash in suburban Houston, according to a government report Monday. But the preliminary report on the crash that killed two men doesn’t explain the mystery of why authorities found no one behind […]
A cyberattack on a critical U.S. pipeline is sending ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation’s aging energy infrastructure. The Colonial Pipeline, which delivers about 45% of the fuel used along the Eastern Seaboard, shut down Friday after a ransomware attack by gang of criminal hackers that calls itself DarkSide. Depending […]