Europe vows to tame US data giants in multifaceted law reforms

The bloc’s strict privacy rules adopted in 2016 would still apply but with neutral brokers and tools based in the EU to share data, if wanted, supplanting Google, Facebook and others that make billions by selling services such as ads.

Fintechs seen eating into market share of established insurers, EU says

Established insurers will face a squeeze on profits and market share as new financial technology companies muscle in on the industry, a senior European Union official said on Wednesday.More fintech firms are expected to offer insurance, helped by the impact of the coronavirus crisis which has encouraged the swifter adoption of new technology in the […]

France orders tech giants to pay digital tax

Paris has said it will withdraw the tax as soon as an OECD deal is reached to update the rules on cross-border taxation for the age of online commerce, where big internet companies can book profits in low-tax countries regardless of where their customers are.

Haaland breaks another Champions League goalscoring record

Haaland put Dortmund 1-0 up in the 18th minute against Brugge, latching on to a throughball into the left side of the penalty area before coolly slotting into the near bottom corner.

Madrid’s San Siro misery, Lewandowski reeling in Raul – Champions League in Opta numbers

I want to thank God for putting me in this position. My mom and my brother for the unconditional love and support! Antonio conte and his staff thank you for the daily work and for believing in me. And especially my teammates you guys made this happening for me. Thank you!! pic.twitter.com/XIM8V4d52j

Olympiacos 0-1 Manchester City: Foden strike seals Champions League progress

On this day in sport: Ajax are formed, cricket coach’s suspicious death and Robinson gets White Sox try-out

CPEC reshaping geo-economic landscape of entire region: Shibli

The minister said the Special Economic Zones (SEZs) development at Rashakai (KPK), Allama Iqbal Industrial city (Punjab) and Dhabeji (Sind) are on the priority list and work on them will commence during the current year. In addition, the strategic projects, 1124 MW Kohala HPP and Main Line-1 (ML-1) have also been pushed to the second […]

Equinix to spend $55m on third Osaka data centre

“It is gearing up to become Japan’s next international financial centre and drive the growth of the digital economy,” the company added. “With numerous businesses related to energy, healthcare and medical services, and manufacturing, Osaka has evolved to become a prime location for data centres in Japan, the second largest following Tokyo.”

Court overturns ruling that Germany must press US on drones

The case was brought by human rights groups on behalf of three Yemeni plaintiffs who allege their relatives were killed in a U.S. drone strike in 2012. They alleged that the U.S. air base in Ramstein, southern Germany, plays a key role in the relay of flight control data used for armed drone strikes in […]