Facebook has agreed to pay 106 million euros ($125 million) to the French government in back taxes and penalties through its French subsidiary. This is being seen as a result of the persistent efforts of the French government to force the largest of the online companies such as Facebook and Google to pay more taxes…
According to a report published by The Wall Street Journal, citing information from people familiar with the matter, United States President Donald Trump was warned by Facebook CEO Mark Zuckerberg at a White House dinner last October about the potential and direct threat to the US business being posed by growth of Chinese tech firms.…
United States president Donald Trump has put his weight behind the U.S. enterprise software giant Oracle for purchasing the US business of he popular video sharing app TikTok. When asked if Oracle would be a good buyer for TikTok, TRumnp said that the Americna company is “a great company”. There were reports at the end…
Adding on to the series of actions being taken by government around the world against Chinese tech giants, iQiyi and Tencent will be banned operating streaming video services in Taiwan. According to a government notice published online Tuesday, partnering with local Tiwanese broadcasters and distributors to provide their video content through streaming services, Tencent Video…
“Substantial agreement” on most of the elements of a post-Brexit trade deal was reached between Britain and Japan earlier this week after two days of talks. It has been reported that during the talks, moves to restrict British farm exports was resisted by UK trade secretary Liz Truss. The elements of the trade deal between…
The first Malaysian leader to be found guilty of graft on Tuesday was the country’s former Prime Minister Najib Razak. A court on Tuesday ruled that he was guilty of all seven charges of corruption brought against him in the first of several cases relating to the alleged heist of billions of dollars from state…
Majority stakes in the Chinese-owned social media phenomenon TikTok are being attempted to be taken up by United States based tech investors so that the app could ward off security concerns about it expressed the White House and avert any possible banning of the app as has been indicated by United States Secretary of State…
Growing concerns over the new and controversial national security law imposed on Hong Kong by China has forced a number of virtual private network (VPN) providers of the United States and Canada to shut down their servers in the city. VPNs are used by internet users to conceal and protect their privacy while avoiding any…
In a significant development, the twitter account of high-profile figures, including U.S tech entrepreneur Elon Musk, Bill Gates, Jeff Bezos, reality TV star Kim Kardashian, U.S. presidential candidate Joe Biden, former U.S. President Barack Obama, among many others have been hacked and used to solicit digital currency. In a sign that marks the seriousness of…
The Chinese video sharing app TikTok was first banned and then unbanned within hours from the mobile phones of its employees by Amazon last week. The largest e-copmmerce company of the world said that the move was done by mistake. There was widespread attention for the Chinese-owned social media platform TikTok by the move by…
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