Technology

BANGKOK (Reuters) – 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 money but in digital form being developed by monetary authorities around the world. The CBDC prototype will be integrated with the procurement and financial management systems of
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SYDNEY/BENGALURU (Reuters) – Australia’s antitrust regulator warned Google’s planned $2.1 billion acquisition of fitness tracker maker Fitbit (FIT.N) may give it too much of people’s data, potentially hurting competition in health and online advertising markets. FILE PHOTO: Fitbit Blaze watch is seen in front of a displayed Alphabet logo in this illustration picture taken November
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FILE PHOTO: Fitbit Blaze watch is seen in front of a displayed Alphabet logo in this illustration picture taken November 8, 2019. REUTERS/Dado Ruvic (Reuters) – Australia’s consumer watchdog said on Thursday it had concerns that Alphabet Inc-owned (GOOGL.O) Google’s planned $2.1 billion acquisition of fitness tracker company Fitbit (FIT.N) may hinder competition in digital
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WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin decided to pull out of negotiations on digital services taxes with European Union officials after they failed to make any progress, U.S. Trade Representative Robert Lighthizer said on Wednesday. U.S. Trade Representative Robert Lighthizer speaks at a Senate Finance Committee hearing on President Donald Trump’s 2020 Trade
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OAKLAND, Calif. (Reuters) – Search startup Onna Technologies Inc, which helps companies find information buried within emails, chats and storage services, announced on Wednesday $27 million in new funding from venture capital firm Atomico and past investors such as Slack Technologies Inc (WORK.N). The investment values Onna at over $100 million, its chief executive Salim
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WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin decided to pull out of negotiations on digital services taxes with European Union officials after they failed to make any progress, U.S. Trade Representative Robert Lighthizer said on Wednesday. FILE PHOTO: U.S. Trade Representative Robert Lighthizer testifies before a Senate Finance Committee hearing on “The President’s 2019
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A climate activist holds a sign reading “Amazon : the government should say Stop” during a demonstration near the Bercy Finance Ministry in Paris, France, June 17, 2020. REUTERS/Gonzalo Fuentes PARIS (Reuters) – Environmental campaigners delivered a 12-foot (3.6-metre) tall mock-up of an Amazon parcel to the French finance ministry on Wednesday to demand that
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(Reuters) – The U.S. Department of Commerce on Tuesday posted a new rule that allows U.S. companies to work with China’s Huawei to develop standards for 5G and other cutting-edge technologies, despite restrictions on doing business with the telecommunications equipment maker. FILE PHOTO: People walk past a Huawei shop, amid an outbreak of the coronavirus
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FILE PHOTO: Facebook, Google and Twitter logos are seen in this combination photo from Reuters files. REUTERS/File Photos/File Photo WASHINGTON (Reuters) – Top officials from Facebook, Google and Twitter will appear before U.S. lawmakers on Thursday at a hearing to discuss foreign influence and election security, the House Intelligence Committee said in a statement. The
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NEW DELHI/LUCKNOW (Reuters) – Samsung Electronics should get tax and other incentives from India’s northern state of Uttar Pradesh as the South Korean company looks to invest some 53.67 billion rupees ($705.75 million) in a smartphone display manufacturing plant in the state, India’s lead investment promotion body said in a letter. FILE PHOTO: The logo
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FILE PHOTO: The Adyen logo is seen at the reception desk of the company’s headquarters in Amsterdam, Netherlands August 24, 2018. REUTERS/Eva Plevier AMSTERDAM (Reuters) – Dutch-based online payments firm Adyen on Tuesday said it had added Amazon Pay to its range of payment options available for customers. Adyen, which handles the online payments backend
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