Regs
Unity discovers how real the revenue struggle is
Virtual reality gears from Pico are displayed on the sidelines of the Olympic Esports Week in Singapore June 23, 2023. REUTERS/Edgar Su Acquire Licensing Rights NEW YORK, Sept 13 (Reuters Breakingviews) – Unity Software (U.N) is finding out just how hard the revenue game will be. The $14 billion company’s new plan to climb out …
Former Ghosn deputy set for U.S. return after suspended sentence
Greg Kelly, former executive of Nissan Motor Co., walks in to the Tokyo District Court, in Tokyo, Japan, March 3, 2022. Zhang Xiaoyu/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register TOKYO, March 3 (Reuters) – A Tokyo court on Thursday handed former Nissan Motor executive Greg Kelly a six-month suspended sentence …
U.S. Senators want Commerce Dept to list tech to keep away from China
U.S. Secretary of Commerce Gina Raimondo speaks during a high speed internet event at the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., June 3, 2021. REUTERS/Evelyn Hockstein WASHINGTON, June 15 (Reuters) – A group of 10 Republican U.S. senators on Tuesday urged Commerce Secretary Gina Raimondo to direct …
Breaking up Big Tech in focus as new U.S. antitrust bills introduced
The U.S. Capitol is seen at sunrise. Washington, U.S. January 11, 2021. REUTERS/Erin Scott A bipartisan group of lawmakers in the U.S. House of Representatives introduced four bills on Friday aimed at reining in the power of the tech giants, with one potentially leading to their break-up. Two of the bills address the issue of …
UK’s Drax signs deal with Mitsubishi for negative-emissions capture technology
A woman walks a dog past Drax power station during the sunset in Drax, North Yorkshire, Britain, November 27, 2020. REUTERS/Lee Smith Drax Group (DRX.L) has signed a long-term deal for carbon capture technology with Japan’s Mitsubishi Heavy Industries (MHI) (7011.T), paving the way for negative emissions from its UK plant by 2030, the firms …
U.S. officials up pressure on firms, foreign adversaries over cyberattacks
U.S. officials on Sunday ratcheted up pressure on companies and foreign adversaries to fight cybercriminals, and said President Joe Biden is considering all options, including a military response, to counter the growing threat. The Biden administration is looking at “all of the options,” to defend the country against ransomware criminals, U.S. Commerce Secretary Gina Raimondo …
Daimler to pay Nokia patent fees, ending German legal spat
Daimler (DAIGn.DE) has agreed to pay Nokia (NOKIA.HE) for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies. Nokia, which makes 1.4 billion euros ($1.7 billion) in licensing revenues every year, and carmaker Daimler had sued each other in German courts in recent years, …
Facebook, Twitter told to open databases in Russia by July -Ifax
Facebook (FB.O), Twitter (TWTR.N) and other social networks must have databases of Russian users on Russian territory by July 1 or face fines, the Interfax news agency cited communications regulator Roskomnadzor as saying on Wednesday. Russia is considering legislation that would force foreign technology companies to open offices in Russia or face penalties such as …
China bans financial, payment institutions from cryptocurrency business
China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. It was China’s latest attempt to clamp down on what was a burgeoning digital trading market. Under the ban, such institutions, including banks and online payments channels, must not offer clients any service …
U.S. vaccinated 600,000 12-15 year olds last week -health official
The United States administered COVID-19 vaccinations to around 600,000 children ages 12 to 15 last week after regulators cleared Pfizer Inc’s (PFE.N) and BioNTech’s shots for use in that age group, U.S. Centers for Disease Control and Prevention Director Rochelle Walensky said in a media call on Tuesday. In total, more than 4 million people …
