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Thursday, April 25, 2024
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Spotify to increase prices in France over new tax

PARIS (Reuters) - Swedish streaming service Spotify on Thursday said it would increase its prices in France due to a new tax, which it argued would fail to accomplish its intended goal. The government

New push in Congress to ban TikTok or force Chinese divestiture gains steam

By David Shepardson WASHINGTON (Reuters) - The U.S. House Committee on Energy and Commerce on Thursday is expected to vote on legislation giving China's ByteDance six months to divest from short video

EU regulators seek details of escalating Apple, Epic Games spat

By Foo Yun Chee BRUSSELS (Reuters) -Apple has been asked by the EU to explain why it prevented Fortnite video-game maker Epic Games from launching its own online marketplace on iPhones and iPads in

South Korea probes data protection by e-commerce platforms like AliExpress, Temu

SEOUL (Reuters) - South Korea's personal data protection watchdog said on Thursday it is looking into consumer data practices of major overseas shopping platforms, as South Korean use of Chinese

As Big Tech scrambles to meet EU rules, investigations seen as likely

By Foo Yun Chee BRUSSELS (Reuters) - From overhauling online platforms to backroom engineering, Google, Apple, Amazon, Microsoft, Meta and TikTok owner ByteDance have scrambled over the last six

Google sets up first Asia-Pacific cybersecurity base in Tokyo, Nikkei reports

TOKYO (Reuters) - Google has set up a cybersecurity base in Tokyo, its first in the Asia-Pacific region, the Nikkei newspaper reported on Thursday. Computer engineers from companies throughout the

China gives green light to Stellantis-Leapmotor joint venture, sources say

By Gilles Guillaume PARIS (Reuters) - A proposed joint venture that would allow world No. 4 automaker Stellantis to build and sell Leapmotor's electric vehicles outside China has received approval

FTX reaches settlement with BlockFi, may pay up to $874 million

By Dietrich Knauth NEW YORK (Reuters) - Bankrupt crypto companies FTX and BlockFi have resolved their disputes stemming from the companies' collapses in 2022, with FTX agreeing to pay BlockFi up to

Former Google engineer indicted for stealing AI secrets to aid Chinese companies

(Reuters) -A former Google software engineer has been indicted in California on charges of stealing trade secrets related to artificial intelligence from the Alphabet unit, in order to benefit Chinese

US Senate bill targeting China’s BGI, WuXi AppTec moves forward

By Karen Freifeld and Michael Erman (Reuters) -The U.S. Senate's homeland security committee voted on Wednesday to approve a bill that could restrict business with Chinese biotech companies like BGI

On Camera

Rajkummar Rao must keep his chin up. Questions will be asked and he’s no victim

Rajkummar Rao now looks pretty much unrecognisable. It doesn’t take much to deduce that eyebrows will be raised, and questions will be asked about his face.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

What is ‘ROCKS’, India’s first air-launched quasi-ballistic missile

A next generation extended stand-off air-to-surface missile test fired by IAF, ROCKS has been designed & manufactured by Israeli defence major Rafael, keeping India’s needs in mind.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.