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EU’s top court asked to probe Facebook U.S. data transfers

DUBLIN/BRUSSELS (Reuters) – The ability of firms such as Facebook to easily transfer Europeans’ data to the United States was …read more Source: Reuters Tech News

Google poised to emerge unscathed from European antitrust crackdown

BRUSSELS/SAN FRANCISCO (Reuters) – The European Union’s top antitrust regulator, Margrethe Vestager, has made it her mission to stem alleged …read more Source: Reuters Tech News

Exclusive: Walmart close to buying majority of India’s Flipkart

HONG KONG/MUMBAI (Reuters) – Walmart Inc is likely to reach a deal to buy a majority stake in Indian …read more Source: Reuters Tech News

UK’s Playtech buys 70.6 percent stake in Snaitech in regulated market play

(Reuters) – British gambling technology company Playtech said it agreed to buy a 70.6 percent stake in Italian betting and …read more Source: Reuters Tech News

EU privacy watchdogs to look into harvesting of data from social media

BRUSSELS (Reuters) – European Union privacy watchdogs will look deeper into the harvesting of personal data from social networks for …read more Source: Reuters Tech News

‘Urban mining’ in South Korea pulls rare battery materials from recycled tech

GUNSAN, South Korea (Reuters) – Workers at a rural South Korean factory are busy extracting some of the world’s most …read more Source: Reuters Tech News

Paris municipality asks court to fine Airbnb over unregistered listings

PARIS (Reuters) – The municipality of Paris has asked a French court to urgently fine Airbnb and two other small …read more Source: Reuters Tech News

Cyber security firm Avast plans watershed London tech listing

LONDON (Reuters) – Avast, the world’s largest consumer antivirus supplier by customers, said on Thursday it will apply to list …read more Source: Reuters Tech News

Exclusive: Walmart close to buying majority of India’s Flipkart, deal likely by end-June – sources

HONG KONG/MUMBAI (Reuters) – Walmart Inc is likely to reach a deal to buy a majority stake in Indian …read more Source: Reuters Tech News

Sequoia Capital’s Raanan launches cyber-focused fund

TEL AVIV (Reuters) – Gili Raanan, general partner at Sequoia Capital Israel, has raised $50 million for a new venture …read more Source: Reuters Tech News