By Tsvetelia Tsolova SOFIA (Reuters) – Four Bulgarians have been charged with participating in an organised crime group set up to launder money and commit tax and computer fraud, investigators and prosecutors probing crypto lender Nexo said on Friday. Prosecutors on Thursday said they launched an investigation into alleged illegal activities conducted by Nexo, carrying …
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By Nikunj Ohri NEW DELHI (Reuters) -The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud and tax evasion, three sources told Reuters. A few large private and public banks have begun using …
India lets banks use face recognition, iris scan for some transactions – sources Read More »
(Reuters) -Alphabet Inc’s Google said on Friday that India’s new antitrust order to change how the company markets its Android platform will drive up costs for app developers, equipment makers, and consequently, consumers. The Competition Commission of India (CCI) in October fined Google $161 million for exploiting its dominant position in Android, and asked it …
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(Reuters) – The U.S. Chamber of Commerce criticized on Thursday a proposed rule of the Federal Trade Commission (FTC) that seeks to ban companies from having non-compete clauses with workers, saying such a move would harm economic growth and limit competition. The FTC proposed the rule last week that would ban companies from requiring workers …
U.S. business lobby group lambasts FTC over proposed ban on non-compete clauses Read More »
BEIJING, China (Reuters) -China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group Holding Ltd, business registration records showed, as Beijing extends a campaign to strengthen control over online content. Beijing has been taking ‘golden shares’ in private online media and content companies for more than five years, …
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By David Shepardson WASHINGTON (Reuters) – The Justice Department’s top antitrust official recently won approval from the department to oversee investigations involving Google parent Alphabet Inc, a person briefed on the matter told Reuters. The Wall Street Journal earlier reported the decision to allow Jonathan Kanter, assistant attorney general in charge of antitrust, to oversee …
Justice Department official cleared to oversee Google probes -source Read More »
(Reuters) -Russia said on Friday that its forces had taken control of the salt-mining town of Soledar in eastern Ukraine, claiming to have made its first big battlefield gain after half a year of military setbacks. Ukrainian President Volodymyr Zelenskiy said later that the fighting for Soledar and other eastern towns and cities was continuing. …
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By Michael Martina and David Brunnstrom WASHINGTON (Reuters) – Japan, the United States and Europe must act in unison on China, Japanese Prime Minister Fumio Kishida said in Washington on Friday, during a visit aimed at enhancing Tokyo’s U.S. alliance in the face of growing challenges from Beijing. Kishida said in a speech at Johns …
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By Emma-Victoria Farr and Alexander Hübner BERLIN/FRANKFURT (Reuters) -United Internet’s web hosting subsidiary Ionos wants to begin the process for an initial public offering (IPO) this month, two sources close to the matter told Reuters on Friday. An intention to float (ITF) document could come as soon as next week, the sources said. Bloomberg first …
United Internet’s Ionos to launch IPO process this month – sources Read More »
By David Shepardson WASHINGTON (Reuters) – Kentucky is joining more than 20 U.S. states in banning the popular video app TikTok on government devices citing cybersecurity concerns. The state said it had updated its employee handbook to bar state employees from using government-managed devices to access the Chinese-owned app “other than for a law enforcement …
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