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61-70 results from 1000 for query «firms»

September 14, 2018 10:37 PM FCC Chief Calls Pending California Net-Neutrality Law ‘Illegal,’ Escalating Policy Clash

Consumer advocates say the FCC’s legal position is vulnerable The chairman of the Federal Communications Commission suggested he might take legal action to block California’s net-neutrality bill, ratcheting up a high-profile clash over internet policy. California’s legislature passed its net-neutrality legislation in late August, after the FCC rolled 78

September 13, 2018 6:39 PM Driverless Hype Collides With Merciless Reality

The bubble around self-driving cars turns into a ‘trough of disillusionment’; firms refactor for much later arrival Mercedes-Benz unveiled its dream of a fully autonomous multipurpose vehicle this week. The announcement was full of buzzwords—the modular Vision Urbanetic “enables on-demand, sustainable and efficient movement of people and goods” and “reduces 137

September 13, 2018 6:04 AM Australia’s Actions Against Chinese Firms Ignite 5G Security Debate

The country effectively bans Huawei Technologies and ZTE from its 5G rollout over fears they could be security risks Australia’s move last month to bar Chinese telecommunications-equipment manufacturers from the country’s 5G rollout over fears of cyberspying triggered debate over the security risks of the technology. Officials in Canberra, the Australian 53

September 12, 2018 11:27 AM EU Backs Fines for Tech Firms Over Terror Propaganda

Proposed legislation would require tech firms to remove terrorist content within one hour The European Union is proposing massive fines for online providers that aren’t fast enough in removing terrorist content from their services, raising pressure on big tech firms like Facebook Inc. and Alphabet Inc.’s Google that have backed voluntary approaches 57

September 11, 2018 6:22 PM Alibaba Teams Up With Russian Tech Giant

Deal represents unusually high-profile strategic partnership between Chinese and Russian tech giants Chinese e-commerce giant Alibaba Group Holding Ltd. agreed to take a 10% stake in one of Russia’s biggest tech players—a commercial tie-up that comes as both countries move to strengthen geopolitical bonds. The stake in Mail.Ru Group Ltd., one of Russia’s 63

September 11, 2018 8:44 AM Alibaba cedes control in Russia unit to form new joint venture

VLADIVOSTOK, Russia (Reuters) - China’s largest e-commerce firm, Alibaba Group Holding Ltd, has ceded control of its Russian business to form a new venture with a state fund and two technology firms, hoping that access to their consumer base with help boost its development. Alibaba will own 48 percent of AliExpress Russia as a result of the deal signed 88

September 8, 2018 8:08 AM German finance minister expects digital tax reform to take time

VIENNA (Reuters) - Germany’s Finance Minister Olaf Scholz said on Saturday a European tax overhaul to increase levies on large digital firms will need time to be agreed, but insisted a solution was needed. In a joint press statement with Scholz, French finance minister Bruno Le Maire said he will propose adding “a sunset clause” to a European Union plan for a 3 percent 86

September 8, 2018 2:07 AM Alibaba co-founder Jack Ma to retire: New York Times

(Reuters) - Alibaba Group Holding Ltd’s (BABA.N) co-founder and executive chairman, Jack Ma, will retire from the e-commerce company on Monday, as the former English teacher seeks to focus on philanthropy in education, the New York Times reported. Ma, one of China’s best known corporate leaders, will remain on the company’s board of directors and continue 67

September 7, 2018 11:32 AM Premier hopes U.S. firms will boost China investment: state TV

BEIJING (Reuters) - China will continue opening up and improving market access, Premier Li Keqiang said, adding that he hoped U.S. firms would boost investment in the world’s second-largest economy, state television reported on Friday. It broadcast images of Li meeting Exxon Mobil Corp Chairman and Chief Executive Darren Woods in Beijing, and quoted 54

September 6, 2018 4:24 PM Aramco Weighs $1 Billion Venture Capital Fund For Tech

Saudi Arabia is making efforts to diversify its oil-dependent economy DUBAI—Saudi Arabia’s national oil company is considering a $1 billion venture-capital fund to invest in international technology firms, according to people familiar with the proposal, as the kingdom deepens efforts to diversify its economy. Saudi Arabian Oil Co., better known as Aramco 64