Telecom Italia (TIM) on Wednesday opened the door to a spin-off of its prized infrastructure assets, saying its newly appointed chief executive would explore options to create value for shareholders. Italy’s embattled former phone monopoly will also continue to study a takeover approach by U.S. fund KKR and compare it with possible strategic alternatives. TIM, […]
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A vote by Mexico’s telecoms regulator concluded on Wednesday without granting authorization to telecoms giant America Movil to enter the country’s pay-TV market, according to a source with knowledge of the process. The vote means that for now, America Movil, controlled by the family of Mexican billionaire Carlos Slim, will remain without a license to […]
The head of the Federal Aviation Administration (FAA) is set to testify before a Feb. 3 U.S. House of Representatives hearing on new C-Band 5G deployment and its impact on aviation safety, sources told Reuters on Wednesday. The House Transportation and Infrastructure Committee is expected to hear from FAA Administrator Steve Dickson along with aviation […]
The European Commission’s draft proposal that natural gas and nuclear energy should be labelled as green investments has split money managers. Below are the views of some investors spoken to by Reuters. Ian Simm, founder and CEO at Impax Asset Management “The inclusion of gas and nuclear (with conditions/caveats) in the EU taxonomy reflects a […]
Software developer GitHub Inc. revealed in a blog post on Tuesday the deployment of two-factor authentication (2FA) for all its users through its GitHub Mobile app throughout the week. Berk Veral, the company’s director and product marketing, said in the blog post that 2FA would be available on both the App Store and Android’s Play […]
Microsoft Corp on Tuesday forecast revenue for the current quarter broadly ahead of Wall Street targets, driven in part by its Intelligent Cloud unit. The outlook soothed concerns about growth sparked by results for the December quarter, which initially dragged on Microsoft’s shares in after-hours trade. But the shares reversed course following the outlook, trading […]
Famous cryptocurrency exchange, Coinbase, uncovered plans to add its latest tax center on its platforms to assist U.S.-based customers in figuring out how much taxes they owe the IRS from their cryptocurrency transactions. When tax day comes, the section will assemble every transaction made and put them all together into one space to facilitate their […]
It is, by definition, a decentralized ledger. Every record written and every action and transaction occurring on the blockchain is secured by a unique cryptographic key that is meant to be unhackable. Every time a new block on the chain is formed. This means that every action on the blockchain is dependent on the two […]
The Biden administration is readying a U.S. export rule used against Chinese telecoms equipment maker Huawei that could curb Russia’s access to global electronics supplies if President Vladimir Putin decides to invade Ukraine. While it is unclear how the rule could impact Russia, the restrictions hobbled Huawei’s smartphone business. Last month, the company said it […]
In the past, Microsoft has built strong environmental, social, and governance policies around itself, and now with the latest Activision Blizzard acquisition news, the Big Tech giant could be facing years of work to bring the gaming titan in alignment with its sustainability policies. The Big Tech giant is already setting in motion plans to […]