INFBusiness

MANILA (Reuters) – A Philippine lawmaker has introduced a bill in parliament aimed at taxing big tech firms such as Facebook, Alphabet’s Google and Youtube, Netflix and Spotify, to raise funds to battle the coronavirus. The bill looks to raise…

SEOUL (Reuters) – When a man in Seoul tested positive for the new coronavirus in May, South Korean authorities were able to confirm his wide-ranging movements in and outside the city in minutes, including five bars and clubs he visited…

TOKYO (Reuters) – SoftBank Group Corp said on Friday its planned sale of 5% in its domestic telco SoftBank Corp would fetch 310.2 billion yen ($2.9 billion), as part of a programme to raise $41 billion through asset sales. The…

SAN FRANCISCO (Reuters) – Facebook Inc will permanently embrace remote work even after coronavirus lockdowns ease, Chief Executive Mark Zuckerberg said on Thursday, accelerating the tech sector’s geographic diversification away from its home in Silicon Valley. Zuckerberg said the world’s…

(Reuters) – Institutional Shareholder Services (ISS) has recommended shareholders of Google-parent Alphabet Inc to vote “against” the company’s proposed executive pay at its annual meet in June, according to a report seen by Reuters on Thursday. “The compensation committee has…

WASHINGTON (Reuters) – Alphabet Inc’s Waymo self-driving unit said on Thursday that its chief safety officer, Debbie Hersman, was stepping down but would remain as a consultant to the company.

(Reuters) – Nvidia Corp (NVDA.O) on Thursday forecast second-quarter revenue above analysts’ estimates, as demand surges for its chips used in the data centers that power the shift to working remotely because of the new coronavirus outbreak. The company said…

SHANGHAI (Reuters) – The latest U.S. government action against China’s Huawei takes direct aim the company’s HiSilicon chip division—a business that in a few short years has become central to China’s ambitions in semiconductor technology but will now lose access…

DUBLIN (Reuters) – Ireland’s Data Protection Commissioner (DPC), Apple’s main regulator in the European Union, on Thursday said it was in contact with the company after a whistleblower called for action over a programme that listens to users’ recordings. The…