Landmark EU rules targeting US tech giants are likely to set a global benchmark and may even force changes in the companies’ business models, lawyers and experts said.
Author: Agency Staff
Police in Britain have arrested seven people following a series of hacks by the Lapsus$ hacking group which targeted major firms including Okta and Microsoft.
Nvidia is interested in exploring using Intel for manufacturing its chips, CEO Jensen Huang said on a call with reporters.
MultiChoice has increased prices for monthly subscriptions in Nigeria by at least 14%, after this month’s settlement with Nigerian tax authorities.
The Reserve Bank raised its main lending rate by 25 basis points to 4.25% on Thursday, citing inflation risks linked to the war in Ukraine.
Adobe gave a disappointing outlook for the current period, suggesting increased competition is making a dent against the company’s signature design software.
Revenue at Chinese social media and gaming giant Tencent grew just 8% in the fourth quarter, the slowest pace since it went public in 2004.
Hundreds of customers of digital authentication firm Okta have possibly been affected by a security breach caused by a hacking group known as Lapsus$.
The rand has strengthened to a five-month high on expectations that the central bank will raise interest rates. Portfolio inflows also underpinned its rally.
Share buybacks are emerging as the hottest trend among Chinese tech giants and industry leader Tencent Holdings may be the next to jump on the bandwagon.