BEIJING (AP) — China’s government promised Monday to open its oil, telecom and power markets wider to private competitors as the ruling Communist Party tries to shore up growth in the slowing, state-dominated economy. The Cabinet also promised to give private companies equal treatment with state-owned enterprises in more industries. The statement gave no indication […]
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PARIS (AP) — France’s competition authority fined Google 150 million euros ($166 million) on Friday for “abusing its dominant position” in the online ad market. The agency said the U.S. tech company mistreated buyers of ads based on keywords. Methods used by its Google Ads platform are “opaque and difficult to understand” and the company […]
By NICOLAS VAUX-MONTAGNY Associated Press French phone and Internet provider Orange was found guilty Friday of a string of employee suicides. A Paris court fined it 75,000 euros (more than $83,000) on Friday in a landmark court ruling over suicides in the 2000s while the company was undergoing difficult restructuring. A decision on whether to […]
By KELVIN CHAN AP Business Writer LONDON (AP) — EU regulators must block tech companies from transferring data outside the bloc in cases in which privacy rules are broken, an advisor to the European Union’s top court said Thursday, in a long legal case involving an Austrian privacy campaigner and Facebook. The European Court of […]
Telematics is a multifaceted field that comprises of telecommunications, vehicle technologies, road transportation and road safety. It is designed to improve vehicle performance by using progressive technology, which offers better services through innovation. Ernst & Young have reported, that there will be rapid growth of the global telematics market, with approximately 104 million new cars […]
BEIJING (AP) — Chinese tech companies including social media giant Tencent were ordered by regulators on Thursday to clean up how their apps handle user information or face possible penalties. The order is the latest in a series of crackdowns by Communist authorities who encourage internet use but are steadily tightening censorship and other controls […]
The contribution of the mobile economy in the Middle East and North Africa (MENA) region, is expected to reach just over 220 billion USD by 2023, as countries increasingly benefit from the improvements in both productivity and efficiency, as a result of increased utilisation and take-up of mobile services. Last year, mobile communication technologies and […]
By JARI TANNER Associated Press HELSINKI (AP) — Finland is offering a techy Christmas gift to all European Union citizens — a free-of-charge online course in artificial intelligence in their own language, officials said Tuesday. The tech-savvy Nordic nation, led by the 34-year-old Prime Minister Sanna Marin, is marking the end of its rotating presidency […]
Inside Telecom introduced the new Mobile Virtual Banking (MVB) application from Monty Mobile.
LONDON (AP) — Britain’s competition watchdog said Tuesday it launched a formal inquiry into Google’s takeover of cloud data analytics company Looker Data Sciences, as it intensifies scrutiny of technology deals. The Competition and Markets Authority said it had notified the two companies on Monday that it was opening an initial inquiry and would decide […]