White House pledges $1 billion for research push in the United States into artificial intelligence (AI), 5G and quantum computing
TECHNOLOGY POWERING BUSINESS
News Fund raising
Facebook To Pay France £96 Million In Back Taxes
France continues pursuit of back taxes from big name tech firms, after Facebook agrees to hand over £96 million to French tax officials
Bletchley Park Faces Funding Crisis, Prepares To Axe Staff
World war 2 code breaking centre is facing a funding crisis due to Coronavirus pandemic, with third of workforce being laid off
Mozilla To Axe Quarter Of Its Workforce
Jobs losses. 250 jobs to be axed at Firefox creator Mozilla, with Coronavirus being blamed for “significant restructuring”
Former Wirecard CEO Released From Jail
Former Wirecard CEO Markus Braun walks free after arrest on Monday for allegedly falsifying the accounts for the German fintech firm
US Pulls Out Of Global Digital Tax Talks
European Union warns it will impose its own digital tax on technology giants, after the United States withdraws from global tax reform negotiations
BT Begins Talk To Sell Stake In Openreach – Report
Selling off the crown jewels? BT is reportedly in talks to sell a multi billion pound stake in its hugely valuable Openreach division
Coronavirus: Cisco Commits $225 Million To Covid-19 Fight
Networking giant Cisco pledges nearly quarter of a billion dollars to help global community fight the Coronavirus pandemic
Google To Spend Billions On US Data Centres
Alphabet CEO Sundar Pichai confirms plan to spend $10 billion in 2020 on Google data centres and offices across the United States
Cryptocurrency Attendees Should Avoid North Korean Conference, Warns UN
Experts at the United Nations (UN) warn attendees of upcoming cryptocurrency conference in North Korea they could be cited for sanctions busting
France, US To Attempt Digital Tax Agreement In Two Weeks
Both countries have set the target of two weeks to reach agreement over France's implementation of a digital or tech tax, mostly on US tech firms
Boris Johnson Backs Digital Tax, Despite US Opposition
Prime Minister defies US President Trump and insists British digital tax on US tech giants will proceed
Alibaba Listing Success As Shares Surge
Blockbuster debut in Hong Kong for one of China's most prominent tech companies
Samsung Display To Invest $11 Billion In LCD Plant – Report
Huge investment is planned by Samsung to upgrade its display panel production facilities in South Korea
Oxford University Gets £150m Investment For AI Ethics
University's largest ever donation from American billionaire will fund research into AI ethics
Uber IPO Sets Market Value At $82bn Despite Lack Of Profit
Public offering to raise $8bn to drive expansion and fund driverless cars and food delivery
French Digital Tax To Swell Government Coffers
Nice little earner. French finance minister predicts its digital tax could bring in half a billion pounds a year
EU To Agree Digital Tax By March, Says French Minister
European-wide tax on tech firms to be agreed by March, predicts French finance minister
France Starts Digital Tax On Amazon, Facebook, Google
Tech giants to pay digital taxation from 1 January in France, after EU countries fail to reach agreement
Dell Returns To Public Trading With NYSE Listing
Five years after going private in a bitter battle, Michael Dell braves public trading once again
France To Press Ahead With Digital Tax In 2019
Tax on tech giants will begin in 2019 by individual nations if necessary, warns French finance minister
RSA Conference 2019: Security Startups To Pitch For ‘Dragon Den’ Funding
Conference to allow security start-ups to pitch to venture capitalists, amid competition to find most innovative security start-up
US Regulator Seeks Elon Musk Removal At Tesla
One tweet too far? SEC accuses Musk of securities fraud and seeks his removal as the head of Telsa
Government, Tech Firms Invest £1bn Into British AI Industry
Deal worth £1 billion from private sector and government to put UK at forefront of artificial intelligence industry
EU Unveils ‘Interim’ Online Tax Proposals For Tech Giants
Tech tax. Facebook, Apple, Google, and Amazon to be impacted by proposed three percent tax on revenues
Microsoft Ventures Launches AI Startup Competition
The software giant's investment arm and other participating venture capitalists will pour a total of $3.5 million into the winning artificial intelligence startups
Funding For UK Fintech Surges Despite Brexit Vote
Weathering Brexit...funding skyrockets for British fintech start-ups, as UK ranked third for investment
Samsung NEXT Startup Investment Fund Set Sights On Europe
The investment plans marks Samsung's move to expand in Europe
London And UK Tech Firms Gain Record Investment Despite Brexit Looming
However, London appears to be taking more than the lion's share of investment from the rest of the UK
Apple Deepens Environmental Push With New Green Fund
As President Trump signals withdraw from Paris agreement, Apple pledges $1 billion for renewable engery