World

Google critics pile pressure on EU’s top antitrust official to get tougher on the tech giant

European Competition Commissioner Margrethe Vestager speaks during a news conference at the EU Commission headquarters in Brussels, April 15, 2015. Francois Lenoir | Reuters LONDON — Europe’s top competition official is coming under renewed pressure to revisit some of its historic cases against Google, as regulators around the world look to rein in Big Tech […]

Small Business

The world’s largest wetlands are on fire. That’s a disaster for all of us

South America’s Pantanal region has been hit by the worst wildfires in decades. The blazes have already consumed about 28% of the vast floodplain that stretches across parts of Brazil, Bolivia and Paraguay. They are still not completely under control. The fires have destroyed unique habitats and wrecked the livelihoods of many of the Pantanal’s […]

Technology

Google CEO Sundar Pichai apologises for document, EU’s Thierry Breton warns internet is not Wild West

BRUSSELS: Alphabet CEO Sundar Pichai has apologised to Europe’s industry chief Thierry Breton over a leaked internal document proposing ways to counter the EU‘s tough new rules for technology companies. Pichai and Breton exchanged views in a video-conference call late on Thursday, the third this year, according to a statement from the European Commission. “The […]

Markets

RBI imposes Rs 1 cr penalty on PNB

State-run Punjab National Bank on Friday said the RBI has imposed a penalty of Rs 1 crore on it for contravention of the Payment and Settlement Systems Act. “RBI has observed that the Bank was operating a bilateral ATM sharing arrangement with Druk PNB Bank Ltd, Bhutan, (international subsidiary of the Bank), since April, 2010 […]

Technology

Zuckerberg tells Facebook employees Biden will be next president, and it’s important that people know election was fair

Facebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC on October 23, 2019. Mandel Ngan | AFP | Getty Images Facebook CEO Mark Zuckerberg on […]