technology
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How Technology is Transforming the Banking Industry
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2025 Innovation Awards
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Russia’s inflation reaches 9.5% this year, weekly data shows
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Thriving in Uncertainty: How IA Is Turning Challenges to Sustained Growth for Financial Services
Factbox-What does Len Blavatnik’s streaming platform DAZN do?
Date: December 23, 2024
(Reuters) – Sports streaming platform DAZN has agreed to buy News Corp’s Australian cable TV unit Foxtel for A$3.4 billion ($2 billion) including debt. Here are some details about the company and its owner: WHAT IS DAZN? The London-headquartered platform has over 300 million viewers across 200 markets. It streams several thousand sporting events with...
Exclusive-Synopsys’ $35 billion Ansys acquisition to be approved in EU, sources say
Date: December 23, 2024
By Foo Yun Chee BRUSSELS (Reuters) -U.S. chip design software company Synopsys is set to win conditional EU antitrust approval for its $35 billion buy of Ansys, people with direct knowledge of the matter said on Monday. The biggest technology sector deal since Broadcom’s $69 billion purchase of software maker VMware a year ago, it...
Italy fines OpenAI over ChatGPT privacy rules breach
Date: December 20, 2024
By Elvira Pollina and Alvise Armellini MILAN (Reuters) -Italy’s data protection agency said on Friday it fined ChatGPT maker OpenAI 15 million euros ($15.58 million) after closing an investigation into use of personal data by the generative artificial intelligence application. The fine comes after the authority found OpenAI processed users’ personal data to “train ChatGPT...
SoftwareOne to buy Norway’s Crayon in $1.4 billion Microsoft-focused takeover
Date: December 20, 2024
By Paul Arnold and Tristan Veyet ZURICH (Reuters) -Swiss technology firm SoftwareOne said on Thursday it had agreed to buy Crayon Group in a stock and cash deal which values its Norwegian competitor at $1.4 billion. Around 70% of the combined entity’s revenue would be related to business with Microsoft, Crayon CEO Melissa Mulholland said...
Apple hits out at Meta’s numerous interoperability requests
Date: December 19, 2024
By Foo Yun Chee BRUSSELS (Reuters) -Apple on Wednesday hit out at Meta Platforms, saying its numerous requests to access the iPhone maker’s software tools for its devices could impact users’ privacy and security, underscoring the intense rivalry between the two tech giants. Under the European Union’s landmark Digital Markets Act that took effect last...
Netherlands plans to include AI, biotech to investment screening law
Date: December 19, 2024
AMSTERDAM (Reuters) – The Dutch government on Thursday said it aimed to add technologies such as biotech and AI to its investment screening law, through which it can block potential takeovers on national security grounds. “The international security situation has deteriorated rapidly in recent years,” Economy minister Dirk Beljaarts said in a statement. “The Netherlands...