Uncategorized

Online firms face EU fine if extremist posts stay up over an hour

The European Union’s chief executive on Wednesday proposed fining Google, Facebook, Twitter and other online platforms if they fail to …read more Source: Reuters Tech News

Apple’s newest iPhone could have big screen, big price

Apple Inc is expected to blast further past the $1,000 price barrier when it launches new iPhones on Wednesday, but …read more Source: Reuters Tech News

LG Display struggles for footing after LCD forecasting error leads to crisis

The chief executive of South Korea’s LG Display, Han Sang-beom, was determined to deliver a strong message when he appeared …read more Source: Reuters Tech News

Tencent under pressure to step up its game as regulatory restrictions bite

Tencent Holdings, which has lost some $200 billion in market value this year, is facing fresh criticism from analysts and …read more Source: Reuters Tech News

EU pushes internet firms to remove extremist content in one hour

The European Commission will propose new laws on Wednesday giving Google, Facebook, Twitter and other internet companies one hour to …read more Source: Reuters Tech News

Oil prices rise on lower U.S. crude inventories, looming Iran sanctions

Oil prices rose on Wednesday following a report that crude inventories in the United States fell and as looming sanctions …read more Source: Reuters Tech News

Internet group backs ‘national’ data privacy approach

A group representing major internet companies including Facebook Inc , Amazon.com Inc and Alphabet Inc said on Tuesday …read more Source: Reuters Tech News

NXP shares drop after executives outline post-Qualcomm path

Shares of Dutch chipmaker NXP Semiconductors fell 4.4 percent on Tuesday after executives outlined their strategy after the collapse …read more Source: Reuters Tech News

FCC pauses review of T-Mobile, Sprint merger

The Federal Communications Commission, which is reviewing the planned merger of T-Mobile US Inc and Sprint Corp , said …read more Source: Reuters Tech News

Wall Street regulators take multiple actions against cryptocurrency firms

Two Wall Street regulators on Tuesday announced a series of actions, including levying fines, against companies involved with cryptocurrencies, in …read more Source: Reuters Tech News