The Czech Republic has launched a tender for frequencies for next-generation 5G networks, its telecoms regulator CTU said on Friday, sparking criticism from potential bidders. The auction of frequencies in the 700 MHz and 3.4-3.5 GHz bands is aimed at boosting competition in a market where high prices have long been a gripe of customers… Read More Czech launches auction for 5G frequencies
Amazon.com Inc Chief Executive Officer Jeff Bezos sold shares worth $3.1 billion in the e-commerce company in recent days, regulatory filings showed on Wednesday. The stock sale comes at a time when the company’s shares have surged more than 73% this year. During the first two working days of August, Bezos sold 1 million shares… Read More Amazon chief executive Jeff Bezos sells $3.1billion worth of shares
Facebook Inc on Wednesday took down a post by U.S. President Donald Trump, which the company said violated its rules against sharing misinformation about the coronavirus. The post contained a video clip, from an interview with Fox & Friends earlier in the day, in which Trump claimed that children are “almost immune” to COVID-19. “This… Read More Facebook, Twitter, YouTube takes down post of President Donald Trump over violation of misinformation rules
Uber said on Thursday it was buying the British tech company Autocab, which sells booking and dispatch software to private hire firms, in a move that will allow the taxi app to reach customers where it does not currently operate. The Silicon Valley-based firm said the acquisition will allow it to link people who open… Read More Uber set to acquire British tech firm Autocab
German health group Siemens Healthineers said on Sunday it was buying Varian Medical Systems Inc of the United States for $16.4 billion in a deal that seeks to create the global leader in cancer care solutions. The deal is the first major growth move by Healthineers since it was spun off and floated in 2018… Read More Siemens Healthineers set to acquire Varian in $16.4billion deal
China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday. U.S. officials have said TikTok under its… Read More ByteDance offers to concede U.S. operations of TikTok
Apple Inc removed 29,800 apps from its Chinese app store on Saturday, including more than 26,000 games, according to data from research firm Qimai. The takedowns come amid a crackdown on unlicensed games by Chinese authorities. Earlier this year Apple gave game publishers an end-of-June deadline to submit a government-issued licence number enabling users to… Read More Apple removes thousands of apps from China app store
The White House is preparing to force Chinese internet giant ByteDance to shed the U.S. operations of TikTok, as potential buyers, including Microsoft Corp, are already in talks to buy the popular short video app, people familiar with the matter said on Friday. The move would be the culmination of U.S. national security concerns over… Read More Microsoft in talks to acquire TikTok as parent company faces forced breakup
