Amid consolidation in the taxi sector caused by Coronavirus lockdown, Uber purchases British rival Autocab for undisclosed amount
News Enterprise
TikTok Selects Ireland For First European Data Centre
Ireland to get another data centre after the Chinese-owned short video app TikTok announces first European server facility
EU Launches Antitrust Probe Into Google’s Fitbit Acquisition
European competition regulators launch formal antitrust investigation of Alphabet's Google and its decision to acquire Fitbit
UK Government Should Stop ARM Sale To US – Hermann Hauser
Amid reports that Softbank is looking to offload ARM Holdings to Nvidia, the man involved in ARM's creation calls for the UK government to intervene
China Lashes Out At Proposed TikTok US Sale To Microsoft
Tech cold war between United States and China continues, as Chinese state media says it will not accept 'theft' of short video app
Google Fitbit Data Pledge Not Sufficient To Offset Antitrust Probe
Offer by Google not to use Fitbit data for adverts is unlikely to offset an official antitrust investigation by EC officials
Google Closes Down North Smart Glasses
Weeks after Google purchased Canadian smart glass provider North, customers are warned their devices will stop working this week
HSBC Facing Chinese Backlash Over Arrest Of Huawei CFO
Chinese government-backed website joins other Chinese outlets in saying HSBC “maliciously” played a role in the arrest of the CFO of Huawei Technologies
Google Offers Not To Use Fitbit Data To Avoid EC Probe
Attempt to avoid a formal European Commission antitrust investigation, see Google confirm offer to not use Fitbit health data for targetted ads
Role Of Wirecard Supervisors To Be Probed By EU
The actions of financial supervisors responsible during the Wirecard collapse should be investigated, says senior EU official
Google Can Avoid EC Antitrust Fitbit Probe With Data Pledge – Report
Alphabet may be able to offset looming EC antitrust probe of its Fitbit acquisition, if it pledges not to use its data for targeted adverts
UK Government To Acquire £400 Million Stake In OneWeb
Watch out SpaceX's Elon Musk? British government and Bharti Global announce deal to acquire satellite broadband company OneWeb
Advocacy Groups Warn Against Google’s Fitbit Acquisition
Twenty advocacy groups from around the world warn that Google's acquisition of Fitbit risks damaging privacy and competition
Google Buys North Smart Glasses, Closes Down Product
Canadian smart glasses maker North acquired by Google, which then immediately kills the next version of its wearable device
Wirecard Munich HQ Searched By Police And Prosecutors
Fintech fraud investigation continues into Wirecard, as German police and prosecutors search bankrupt firm's Munich headquarters
Wirecard Collapses, Files For Insolvency
German fintech start-up Wirecard has filed for insolvency, becoming the first DAX member to fail after a financing scandal
Former Wirecard CEO Released From Jail
Former Wirecard CEO Markus Braun walks free after arrest on Monday for allegedly falsifying the accounts for the German fintech firm
US Pulls Out Of Global Digital Tax Talks
European Union warns it will impose its own digital tax on technology giants, after the United States withdraws from global tax reform negotiations
Agents of Transformation
AppDynamics have launched a COVID-19 edition of its global research ‘The Agents of Transformation.’ The report includes data from interviews with IT professionals - from board-level directors and CIOs, through to senior and mid-level I ...
Cisco Acquires ThousandEyes For Network Monitoring
Networking giant Cisco Systems opens its cheque book to acquire well estalished network intelligence software provider ThousandEyes
Intel Acquires Rivet Networks For Killer Cards
Wi-Fi connectivity. Company behind the Killer gaming networking cards (Rivet Networks) is acquired by chip goliath Intel Corp
BT Begins Talk To Sell Stake In Openreach – Report
Selling off the crown jewels? BT is reportedly in talks to sell a multi billion pound stake in its hugely valuable Openreach division
BT Suspends Dividend To Funnel Investment Into FTTP Broadband, 5G
For the first time in a decade BT suspends its dividend to free up cash for investment in fibre to the premise (FTTP) broadband and 5G
Virgin Media And O2 Join Forces In Joint Venture
Major UK telecom shakeup...O2's ownership odyssey continues, with confirmation it is to merge with Virgin Media to take on the BT/EE juggernaut
ICANN Halts .Org Sale To Private Equity Group
Domain supervisor ICANN 'withholds consent' for the sale of the .org domain registry to a private equity firm, following months of protests
Amazon Tells Investors To ‘Take A Seat’ As Spending Rises
Sitting in the sweet spot as Amazon takes advantage on demand for online goods, groceries and cloud services during Coronavirus lockdown
Apple Profits Dip But Sales Rise, Amid Global Pandemic
Modest dip in quarterly profits at Apple due to closure of its retail stores in key markets during the global Coronavirus pandemic
Coronavirus: Tesla’s Elon Musk Slams Pandemic Lockdown As ‘Fascist’
Tesla boss Elon Musk overshadows third quarterly profit at electric car maker Tesla, by calling lockdowns 'fascist' and 'not democratic'
Coronavirus: Google Profits Rise, But Warns Of Pain Ahead
Alphabet delivers strong set of quarterly financial results, despite advertising decline in March as global Coronavirus pandemic starts to bite
Facebook Invests $5.7 Billion In Indian Conglomerate
Social network makes biggest acquisition since acquiring WhatsApp by purchasing 10 percent stake in Indian firm Reliance Industries