HIGHLIGHTS ZTE agreed to pay a $ 1 billion fine ZTE will also overhaul leadership US President Donald Trump is seeking trade concessions from China China’s No. 2 telecommunications equipment maker ZTE secured a lifeline from the Trump administration on Thursday after agreeing to pay a $1 billion (roughly Rs. 6,700 crores) fine and overhaul leadership in a deal that will lift ... Read More »
Google is expected to be hit with a second EU antitrust fine in mid-July for using its dominant Android mobile operating system to squeeze out rivals, three people familiar with the matter said. The European Commission, which has been investigating the case involving the unit of Alphabet since 2015, could issue its decision in the week of July 9, although the timing ... Read More »
Google parent Alphabet on Monday saw shares slide as the market reacted to a massive fine by the European Commission and word that success in mobile, cloud and YouTube is coming with higher costs. Alphabet reported a quarterly profit of $3.5 billion (roughly Rs. 22,532 crores), in a sharp decline from a year ago, with a $2.74 billion antitrust fine in Europe biting into earnings. The technology giant reported ... Read More »
German justice minister Heiko Maas, the driving force behind the new bill. Photograph: Michael Sohn/AP Social media companies face fines of up to €50m (£43m) if they persistently fail to remove illegal content from their sites under a new law passed in Germany The German parliament on Friday approved the bill aimed at cracking down on hate speech, criminal material and ... Read More »
LinkedIn (NYSE:LNKD) last week unveiled its largest desktop redesign since the professional social network’s inception in 2002. LinkedIn Desktop Redesign The new desktop design was reportedly built from the ground up with the social network’s new mobile app in mind. The streamlined look is supposed to provide a LinkedIn experience that’s more intuitive, faster and creates more value for users. See ... Read More »
The country wide football League’s Twitter account changed into hacked on Tuesday and a fake tweetbecome despatched that Commissioner Roger Goodell had died, an NFL spokesman said on his Twitter account. “The @nfl Twitter account changed into hacked. @nflcommish is alive and well,” league spokesman Brian McCarthy stated. McCarthy showed to Reuters that the account had been hacked. “we’re reviewing ... Read More »
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