France, Germany want progress on taxing tech giants France and Germany intensified calls on Wednesday for U.S. technology giants to pay more tax in the European Union, with Paris saying the new bill could amount to billions of euros. French Finance Minister Bruno Le Maire said he wanted the EU […]
Technology
Technology
Senators propose bill to block U.S. from using Huawei, ZTE equipment Two Republican Senators introduced legislation on Wednesday that would block the U.S. government from buying or leasing telecommunications equipment from Huawei Technologies Co Ltd or ZTE Corp, citing concern the Chinese companies would use their access to spy on […]
Take-Two raises forecast on boost from ‘NBA 2K18’, ‘Grand Theft Auto’ Take-Two Interactive Software Inc lifted its full-year adjusted revenue forecast on Wednesday, as the videogame maker expects to benefit from the latest version of its popular basketball franchise and its iconic “Grand Theft Auto” series. The company is betting […]
Alphabet shifts thermostat maker Nest into Google Alphabet Inc merged smart thermostat maker Nest, which had operated as an independent unit, into its Google hardware group, the company announced in a blog post on Wednesday. The move unifies Google’s growing hardware team, which designs smartphones, laptops and speakers, with Nest, […]
China’s Huawei builds British ties in face of U.S. cold shoulder China’s Huawei said on Tuesday it will spend a further 3 billion pounds ($4.2 billion) on procurement in Britain as the world’s largest telecom equipment maker seeks alternatives to the United States, where it faces an effective ban. Huawei […]
Match Group revenue soars as Tinder attracts more subscribers Match Group Inc (MTCH.O), which owns popular dating app Tinder, on Tuesday reported a 28.5 percent jump in quarterly revenue as more people paid for subscriptions to its apps and websites. Shares of the company rose 5 percent in extended trading. […]
Microsoft is trying to poach Dropbox and Google customers with free OneDrive deal Microsoft is trying to court business customers of competing cloud services by offering its own products for free in a new promotion starting today. The deal, which remains active until June 30th of this year, will let […]
Uber says hackers behind 2016 data breach were in Canada, Florida The two people who hacked ride-hailing firm Uber’s data in 2016 were in Canada and Florida at the time, a company security executive told a U.S. congressional committee on Tuesday. About 25 million people whose data was compromised in […]
Apple brings Alibaba-linked payment system into China stores amid market push Apple Inc will accept Chinese mobile payment app Alipay in its local stores, boosting its ties with giant e-commerce firm Alibaba Group Holding Ltd amid a push by the iPhone maker to revive growth in the world’s No.2 economy. […]
Two UK investors eye $80 million in token sale for VC platform Scottish entrepreneurs Doug Barrowman and Michelle Mone are seeking to raise about $80 million in a token offering next month to finance an investment platform that they say should open up venture capital investing to a wider audience. […]
