PARIS - Europe's big telecom firms are back to rude financial health after years of poor results and regulatory pressure, drawing crowds of new investors and protests from rivals who worry the formerly state-owned companies may rebuild their monopolies.
Recent Technology News
- Fresh off a $532.9 million jury win against Apple Inc , a Texas company is again suing the tech giant, this time over the same patents' use in devices introduced after the original case was underway.
BEIJING/WASHINGTON - China is weighing a far-reaching counterterrorism law that would require technology firms to hand over encryption keys and install security "backdoors", a potential escalation of what some firms view as the increasingly onerous terms of doing business in the world's second largest economy.
SHANGHAI - Ant Financial Services Group, Alibaba's affiliate which runs online payment platform Alipay, is seeking to raise up to $4 billion in a private placement of shares and is looking at a domestic IPO in 2017, the state-run Shanghai Securities News reported.
ZAGREB - Damir Sabol, Croatian computer expert and entrepreneur, was helping his son with his maths homework when he had an idea.
PARIS - Chris Viehbacher, sacked as chief executive of French drugs firm Sanofi last year, is to join the board of PureTech, a privately owned healthcare science and technology R&D company.
- U.S. economy slowed in the fourth quarter, but growth outlook still favorable
- Wall St. flat as mixed data provides scant incentives
- Exclusive: Greece set to get green light for EBRD support
- Buffett, a cheerleader for America, takes his checkbook abroad
- Fiat Chrysler says recalling 467,500 SUVs worldwide
- Fed's Dudley: Risk of raising rates too soon higher than waiting longer
- Retail loan investors return as rate rises near
- Greece runs out of funding options despite euro zone reprieve |
- Standard Chartered staff braced for big change under Winters
- U.S. consumer sentiment drops from 11-year peak in February