Arianespace’s failed satellite launch in December was likely to have been caused by a faulty carbon component, which Italian aerospace group Avio had purchased from a supplier in Ukraine, the company said, as it published findings of an enquiry on Friday. An Arianespace mission on Dec. 20 carrying two Airbus Defence & Space satellites failed […]
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EU industry chief Thierry Breton on Monday said he was not taking sides in a clash between Big Tech and European telecoms operators over who should fund the rollout of 5G and broadband as the world’s largest telecoms conference opened in Barcelona. Speaking at the Mobile World Congress (MWC), Breton defended a 12-week consultation launched […]
Microsoft Corp has struck a 10-year deal to bring “Call of Duty” and other Activision games to Nvidia Corp’s gaming platform if the Xbox maker is allowed to complete its much-contested $69 billion acquisition of Activision. Regulators and competitors like Sony have come out hard against the proposed Microsoft-Activision tie-up. The move may allay concerns […]
Oil major BP plans to build a vast carbon capture project beneath the North Sea that would be crucial to Britain hitting its emissions targets. Power giant Orsted aims to build a huge offshore windfarm to help the country meet renewable goals. The problem is, the seabed’s double-booked, and something has to give. Britain granted […]
TikTok Chief Executive Shou Zi Chew on a visit to Brussels on Tuesday sought to reassure the European Union the app would respect the bloc’s increasingly stringent tech rules and commitments to privacy and child safety. The short-video app, which is owned by Chinese technology conglomerate ByteDance, has for the last three years worked to […]
Alphabet’s Google said on Friday it will appeal the Indian antitrust watchdog’s ruling that ordered the tech giant to change its approach to its Android platform and imposed a fine of $162 million for anti-competitive practices. The Competition Commission of India (CCI) had said in October that Google leveraged its dominant position in markets such […]
Microsoft Corp was hit on Tuesday in U.S. court with a private consumer lawsuit claiming the technology company’s $69 billion bid to purchase “Call of Duty” maker Activision Blizzard Inc will unlawfully squelch competition in the video game industry. The complaint filed in federal court in California comes about two weeks after the U.S. Federal […]
A breathtaking surge in the U.S. dollar trampled foreign currencies, gouged corporate profits and gave investors one of the year’s few winning trades. Though the greenback has stumbled in recent weeks, recession worries may keep it elevated in 2023. At its September peak, the dollar stood at its highest level in nearly two decades after […]
The lead privacy regulator for Twitter in the European Union said it was concerned about the potential impact of layoffs at the social media company on its ability to meet privacy obligations, but said it was so far getting answers to its questions. Twitter has fired top executives and enforced steep job cuts with little […]
EU countries on Wednesday agreed to a 45-billion-euro ($46.6 billion) plan to fund the production of chips, putting the 27-country bloc a step closer to its goal of reducing its reliance on U.S. and Asian manufacturers. EU envoys unanimously backed an amended version of the European Commission’s proposal, the Czech Republic which holds the rotating […]