Amazon, Valentino file joint lawsuit over shoes counterfeiting
Italian luxury brand Valentino and Internet giant Amazon have filed a joint lawsuit against New York-based Kaitlyn Pan Group for allegedly counterfeiting Valentino’s shoes and...
UK ditches COVID-19 app model to use Google-Apple system, BBC says
The British government will switch to Apple and Google technology for its test-and-trace app, ditching its current system in a U-turn for the troubled programme,...
Kenya video-conference platform elbows its way into crowded field
Tiny Kenyan start-up Gumzo is a minnow on the booming teleconferencing scene but its creators hope the platform will help companies spend more of their...
Thai central bank to develop payment system prototype for business using digital currency
Thailand’s central bank unveiled on Thursday plans to build a prototype of a payment system for businesses using central bank digital currency (CBDC), or traditional...
Saudi wealth fund to invest $1.49 billion in India’s Jio Platforms
Saudi Arabia’s Public Investment Fund will invest 113.67 billion rupees ($1.49 billion) in Reliance Industries Ltd’s Jio Platforms, the Indian oil-to-telecoms conglomerate said on Thursday....
EU ready to go it alone on taxation of digital firms
The European Union is ready to go it alone with taxing digital services of firms like Google, Amazon, Facebook or Apple if there is no...
Spain will not accept threats over digital tax – govt spokeswoman
Spain and its European allies will not accept any threats over a proposed tax on internet giants’ revenues, government spokeswoman Maria Jesus Montero said on...
UK says it still wants global digital tax as U.S. quits talks
Britain will keep pushing for a global solution on taxing international digital companies such as Google and Facebook Inc after the United States left negotiations,...
Alibaba’s Ant Group appoints new chief technology officer
Alibaba Group’s fintech arm Ant Group, operator of Alipay, has appointed Ning Xingjun as its new chief technology officer, the company said in a statement...
Australian regulator says Google’s $2.1 billion Fitbit deal could harm competition
Australia’s antitrust regulator warned Google’s planned $2.1 billion acquisition of fitness tracker maker Fitbit may give it too much of people’s data, potentially hurting competition...
