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EU states resist move on digital tax for tech giants: drafts

/  21.11.2017  /  Technology 

BRUSSELS (Reuters) – Some European Union members are resisting EU plans to raise the tax bill of tech multinationals, EU draft documents seen by Reuters show, in moves that are likely to cause a public outcry after several disclosures of corporate tax avoidance schemes.

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FCC chief plans to ditch U.S. ‘net neutrality’ rules

/  21.11.2017  /  Technology 

WASHINGTON (Reuters) – The head of the U.S. Federal Communications Commission unveiled plans on Tuesday to repeal landmark 2015 rules that prohibited internet service providers from impeding consumer access to web content in a move that promises to recast the digital landscape.

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Just one password? Swiss groups plan single online identity

/  21.11.2017  /  Technology 

ZURICH (Reuters) – Swiss consumers will be able to use a single digital identity to buy online products and services under a project unveiled on Tuesday by nine big companies.

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Republican-appointed judge to hear AT&T lawsuit, Time Warner shares rise

/  21.11.2017  /  Technology 

(Reuters) – A Republican-appointed judge with extensive antitrust experience was selected on Tuesday to preside over the U.S. government’s lawsuit to block AT&T Inc’s acquisition of Time Warner Inc, sending Time Warner shares higher as investors bet the judge would be more likely to allow the deal to proceed.

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China clamps down on micro-loan market; U.S.-listed shares plunge

/  21.11.2017  /  Technology 

BEIJING (Reuters) – China’s financial regulators on Tuesday took steps to clamp down on the fast-growing market for web-based micro-lenders, a credit sector Beijing has grown increasing worried about, sending shares of U.S.-listed shares of Chinese financial firms into a tailspin.

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Ireland promises progress in Apple tax recovery in coming weeks

/  21.11.2017  /  Technology 

DUBLIN (Reuters) – Ireland expects to make progress in recovering up to 13 billion euros ($15 billion) in disputed taxes from Apple Inc in the coming weeks, its prime minister said on Tuesday, following EU criticism that Dublin was moving too slowly.

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Mellanox shares jump 11 percent after Starboard stake purchase

/  21.11.2017  /  Technology 

JERUSALEM (Reuters) – Israeli chip maker Mellanox Technologies saw its shares surge on the Nasdaq on Tuesday after activist hedge fund Starboard Value LP bought a 10.7 percent stake to influence strategy.

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Exclusive: U.S. agency to vote to repeal ‘net neutrality’ rules – FCC chief

/  21.11.2017  /  Technology 

WASHINGTON (Reuters) – The chairman of the Federal Communications Commission on Tuesday unveiled plans to repeal a landmark 2015 order that barred internet service providers from blocking or slowing down consumer access to web content, and said the regulator will prevent states and cities from adopting similar protections.

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U.S. prosecutors charge Iranian in ‘Game of Thrones’ hack

/  21.11.2017  /  Technology 

(Reuters) – U.S. prosecutors have charged an Iranian-based hacker with penetrating the network of cable TV provider HBO and stealing episodes and plot summaries for unaired programs including “Game of Thrones,” then threatening to release the data unless he was paid $6 million.

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Law likely on AT&T’s side in Time Warner battle: analysts

/  21.11.2017  /  Technology 

(Reuters) – AT&T Inc is likely to emerge victorious from a legal fight with the United States Department of Justice over its $85.4 billion acquisition of Time Warner Inc, analysts said in a series of research notes on Tuesday.

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