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 […]
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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 […]
A German privacy watchdog banned Facebook on Tuesday from gathering data on users of its WhatsApp chat app, citing an update to its privacy policy that it said breaches stringent European data protection rules. Hamburg’s data protection commissioner, Johannes Caspar, said he issued an emergency three-month order prohibiting the social network from processing WhatsApp personal […]
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 […]
Hit by a cyberattack, the operator of a major U.S. fuel pipeline said Monday it hopes to have services mostly restored by the end of the week as the FBI and administration officials identified the culprits as a gang of criminal hackers. U.S. officials sought to soothe concerns about price spikes or damage to the […]
While the world came to a screeching halt when the COVID-19 pandemic hit, the semiconductor market performed strongly in 2020. Demand by industry was uneven throughout the year due to global lockdowns, remote work, and education, and shifts in consumer buying behavior. Worldwide semiconductor revenue grew to $464 billion in 2020, an increase of 10.8 […]
Two amateur computer coders taken by police from their Beijing homes last year were standing trial Tuesday in a case that illustrates the Chinese government’s growing online censorship and heightened sensitivity to any deviation from the official narrative on its COVID-19 response. Authorities have not said specifically why Chen Mei, 28, and Cai Wei, 27, […]