Tech
White House meets SME’s to discuss competition in tech sector
White House officials met with small and mid-sized companies to discuss competition issues in the tech sector, as momentum grows in the US Congress to rein in large technology comp...
White House to unveil alliance to curb human rights abuse of tech
The White House will unveil a group of countries next week that have pledged to work together to curb exports of technology that can be used by bad actors and repressive government...
EU Commission to be sole enforcer of tech rules, EU countries agree
Representatives from EU countries have agreed that the European Commission will be the sole enforcer of new tech rules, with a limited role for national antitrust watchdogs instead...
US tech companies disappointed with DACA ruling, urge Congress to act
Some US tech companies expressed disappointment with a ruling by a federal judge that blocked new applications to a program that protects immigrants who were brought to the United ...
Industry group warns law changes may force tech firms to quit Hong Kong
An Asian industry group that includes Google, Facebook and Twitter has warned that tech companies could stop offering their services in Hong Kong if the Chinese territory proceeds ...
Germans, French and Dutch want more say over tech giants’ start-up deals
Draft rules targeted at Google, Facebook, Amazon and Apple should be beefed up to allow regulators to vet their acquisitions of start-up rivals, Germany, France and the Netherlands...
US Senate advances sweeping tech bill taking aim at China
The US Senate has advanced a sweeping package of legislation intended to boost the country’s ability to compete with Chinese tech, as Congress increasingly seeks to take a to...
Tech selloff in focus as Nasdaq falls away from record highs
Wall Street’s main indexes tumbled on Tuesday, with the Nasdaq opening down 2% before steadying a bit, as technology-related stocks with lofty valuations extended losses amid...
China’s Ant Group says it’s a tech business not a bank
Ant Group, about to make the largest public sale of shares ever, introduces a basic conundrum: what kind of business is it – a financial colossus or a tech giant?
Wall Street sees a bright side in ‘healthy’ tech stock selloff
Some of Wall Street’s biggest players are seeing the stock market’s recent tech-led selloff as a bout of turbulence as opposed to the beginning of a longer slide —...
SoftBank shares slide 7% as tech stock options bets unnerve investors
SoftBank Group closed some 7% down as the Japanese conglomerate’s bets on equity derivatives tied to listed platform businesses made investors uneasy amid a decline in market...
In US-China tech rivalry, investors bet on China’s localisation push
Since the US-China “tech war” rages on, investors are betting on China’s attempts to substitute and/or clone US technologies with native applications to operate n...
Tech fuelled ‘everything’s awesome’ rally looking unstoppable
Today’s $72 trillion question for investors: To buy or not to buy into the international equities rally? Notwithstanding inflated share prices, politics and the pandemic, the...
Trump issues bans on China’s Tencent and ByteDance
President Donald J Trump has unveiled sweeping bans on US transactions with China’s ByteDance, owner of video-sharing app TikTok, and Tencent, the operator of messenger progr...
Amazon plans at least $100 million to keep Zoox talent
Amazon plans to create at least $100 million in stock awards to retain the 900-plus employees of Zoox, the self-driving car startup it offered to buy last month, and can walk away ...
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