Australia framing regulatory code of conduct between media outlets and digital platforms, sees revenue sharings from Facebook and Google

On Monday, Australia’s Treasurer Josh Frydenberg disclosed, Canberra will force online giants including Alphabet Inc’s Google and Facebook Inc to share advertising revenue with local media firms. Australia is set to become one of the firts countries to require digital platforms to pay for content that they use. The development comes in the wake of…

State Attorney Generals to meet and coordinate with Justice Department over Google probe

According to two sources familiar with the matter at hand, U.S. state attorneys general are scheduled to meet Justice Department attorneys later this week to share information on their investigations into Alphabet Inc’s Google. Their probe revolve around Google’s monopolistic behavior that could harm consumers through its control of search traffic and online advertising markets.…

Netherlands’ ASML – a victim of Chinese corporate espionage

In its annual threat assessment, Netherland’s intelligence agency had warned that China is targeting tech companies in the Netherlands for intellectual property theft, just like it does in other countries. In a significant development, Netherland’s ASML disclosed, it has become a victim of Chinese corporate espionage. Luckily the perpetrators who had stolen information did not…

The tech sector emerges as the best performer in the European stock market

Shares of AMS, a chipmaker appreciated by 206% in 2017. On Friday, European stocks steadied their footings and were set to post their strongest gains since 2013 buoyed by surging tech stocks as well as a robust resources sector. Although the eurozone blue chip stocks dropped by 0.1%, the pan-European STOXX 600 index remained flat,…