Ericson reported on Tuesday a grow in its organic sales of eight percent of its market value as Geopolitical tensions grow between the Swedish company and the world’s second largest economy, following the company’s warning of its deteriorating market share in China. The telecoms vendor – one of Huawei’s biggest competitors – announced that both […]
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E-commerce titan Amazon payed Facebook an undisclosed fee as part of its latest acquisition, terminating Facebook’s efforts to deliver internet connectivity. Amazon acquiring Facebook’s employees initiates the beginning of its plan to provide internet connectivity from low Earth orbit satellites, The Information reports. Back in April, Facebook’s team was added to Amazon’s 500-person group which […]
It began in February with a tweet by pop star Rihanna that sparked widespread condemnation of Indian Prime Minister Narendra Modi’s handling of massive farmer protests near the capital, souring an already troubled relationship between the government and Twitter. Moving to contain the backlash, officials hit Twitter with multiple injunctions to block hundreds of tweets […]
Microsoft confirmed on Monday the future purchase of San Francisco-based cybersecurity company RiskIQ to tighten up its security siege due to latest cybersecurity breaches, following the shift to remote working policies. This proceeds the tech giant’s extended efforts to secure its customers and employees data against the recent exposure to cyberthreats. The cybersecurity vendor will […]
Cubans facing the country’s worst economic crisis in decades took to the streets over the weekend. In turn, authorities blocked social media sites in an apparent effort to stop the flow of information into, out of and within the beleaguered nation. Restricting internet access has become a tried-and-true method of stifling dissent by authoritarian regimes […]
France’s Competition Authority slapped on Tuesday one of the biggest fines in the tech world against Google. The Authority found that the search engine failed to negotiate with other media organizations regarding the utilization of their content under EU copyright reforms. As a result, the internet giant is facing a 500-million-euro ($593 million) fine. The Competition Authority also stated on their website that they requested Google to provide media publishers with “an […]
With Virgin Galactic making its highest profile test flight to date with boss Richard Branson aboard, it’s only a matter of time before paying customers get their chance and New Mexico realizes a dream that has been decades in the making. Former Gov. Bill Richardson is among those who have been watching the progress of […]
The EU agreed on Monday to put its digital tax plan on hold, after finance chiefs from the Group of 20 leading economies supported an overhaul of the rules for taxing international companies. “The European Commission has decided to put on hold our work on a proposal for a digital levy until October,” said European Commission spokesman Daniel Ferrie. The proposed tax plan targets tech giants aiming […]
As the world increasingly focuses attention on climate change, Roland Busch, the CEO of Siemens AG, says his company is well-positioned to help manage the challenges. Munich-based Siemens specializes in making buildings, factories and railroads more efficient through digitalization and automation. And its medical unit includes technology that could lead to faster treatments for stroke […]
The European Union handed down $1 billion in fines to major German car manufacturers Thursday, saying they colluded to limit the development and rollout of car emission-control systems. Daimler, BMW and Volkswagen along with its Audi and Porsche divisions avoided competing on technology to restrict pollution from gasoline and diesel passenger cars, the EU’s executive […]