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Egyptian court rules Uber, Careem illegal; appeal expected

AnEgyptiancourthasorderedauthoritiestorevoketheoperatinglicensesoftheUberandCareemride-hailingservicesandtoblocktheirmobileappsandsoftware.Thegovernmentandtheco

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Tech giants set to face 3% tax on revenue under new EU plan

LargedigitalcompaniesoperatingintheEuropeanUnion,suchasAlphabetInc.orTwitterInc.,couldfacea3percenttaxontheirgrossrevenuesbasedonwheretheirusersarelocated,accor

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China plans to bring home tech giants through CDRs

Chinamayallowitsoffshore-listedtechgiantstosellaformofsharesontheChinesemainland,peoplewithknowledgeoftheplansaid,inamovethatwouldpitShanghaiandShenzhenagainstH

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Advertisers are pulling ads from Alex Jones’ YouTube channel

Lastweek,YouTubesaidthatsomeofthewarningsandbanshandeddowntosomeright-wingchannelsmighthavebeenmistakesfromhumanmoderators,butdespitethewalkback,somecompaniesha

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China cracks down on illegal deep sea fishing

Inamajorcrackdownonillegal,unreportedandunregulated(IUU)fishingininternationalwaters,Chinahasinitiatedstrictactionsagainst78shippingcompanies.TheMinistryofAgric

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China February factory growth picks up to six-month high: Caixin PMI

GrowthinChina’smanufacturingsectorunexpectedlypickeduptoasix-monthhighinFebruaryasfactoriesrushedtoreplenishinventoriestomeetrisingneworders,aprivatesurveyshowe

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Amazon acquires Ring, expanding reach into home security

Seattle-basedtechgiantAmazonannouncedTuesdayit'smadeanothermoveintothehomesecurityandsurveillancebusiness,acquiringRing,asmart-doorbellmakerthatstreamsaudioandv

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Beijing eases rules on foreign recruiters

ForeignheadhuntingcompaniesseeopportunityandinnovationinnewlyannouncedpoliciesinBeijing'srecruitmentmarketandsaytheyexpectthewholeindustrywillbenefit.Foreigntal

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US Republican lawmaker threatens Delta after airline nixes NRA discount

OneofGeorgia'stoplawmakershasthreatenedto"killanytaxlegislationthatbenefitsDelta"aftertheairlinejoinedseveralothercompaniesinendingadiscountprogramassociatedwit

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Europe seeks power to seize overseas data in challenge to tech giants

‍TheEuropeanUnion(EU)ispreparinglegislationtoforcecompaniestoturnovercustomers’personaldatawhenrequestedevenifitisstoredonserversoutsidethebloc,apositionthatwil

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Airbus, Delta, telecom companies form alliance for in-flight internet

EuropeanplanemakerAirbusSEandU.S.-basedDeltaAirLinesInchaveformedanalliancewithU.S.wirelesscarrierSprintCorp,satellitestartupOneWebbackedbyJapan’sSoftBank,andIn

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Chinese firms may face hurdles in plans for autonomous taxis

HighoperatingcostscouldhamperplansbyChinesecompaniestolaunchautonomoustaxiservices,analystssaid.Autonomoustaxiservicesarefastemergingasfeasiblebusinessmodelsfor

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US SEC calls for 'clearer' cyber risk disclosure from companies

TheUSSecuritiesandExchangeCommissiononWednesdayupdatedguidancetopubliccompaniesonhowandwhentheyshoulddisclosecybersecurityrisksandbreaches,includingpotentialwea

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E-commerce takes roots in rural China

AsoneofChina’sfastestgrowingsectors,themassivee-commercesectorisexpandingitsreachtoruralareas,transformingthelocaleconomyandtheruralwayoflife.Atthesametime,rura

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UK government has its own AI for detecting extremist videos

Stemmingthetideofextremistonlinecontenthasbeenamajorfocusfortechgiantsinrecenttimes,butdespitetheirefforts,theUKparliamenthascondemnedcompaniessuchasFacebook,Yo

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Apple, LG invest $10M in OLED microdisplay maker eMagin

AsmallcompanythatmakesOLEDmicrodisplaysisgettingsomeattentionfromtechgiantswithbigplansforvirtualandaugmentedreality.Apple,LGandValvearemakinga$10millioninvestm

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Haier to head for D-share listing in Germany

ChinesewhitegoodsmanufacturerHaierisexpectedtobeamongthefirstChinesecompaniesissuingDshares,whilelistinginFrankfurt,accordingtoareportbyReutersonThursday.Asares