Tech
India aims to collect $1.7bn from online gambling tax in FY25
India expects to collect up to 140 billion rupees ($1.7 billion) in goods and services tax in the next fiscal year by taxing online gambling
Judge orders class action lawsuit against Apple’s app shop
A federal judge said tens of millions of Apple customers could file a class action lawsuit accusing the company of monopolising the iPhone app market
Dassault Systemes forecasts revenue growth of 8-10% in 2024
French software maker Dassault Systemes on Thursday forecast revenue growth of 8-10 per cent in constant currency in 2024 after posting full-year earnings in line
Google signs largest offshore energy agreement with Dutch wind projects
Technology giant Google has signed the largest-ever power purchase agreement with offshore wind power projects off the coast of the Netherlands as part of efforts
German chip component supplier Siltronic reported a 16% drop in sales in 2023
German semiconductor equipment supplier Siltronic on Thursday reported a 16 per cent drop in annual sales as high inventories at chip makers led to a
Universal Music and TikTok failed to reach a new licence agreement
Universal Music Group will stop licensing its content to TikTok and TikTok Music services, as the music label said Tuesday that its agreement with the
Japan’s Rakuten has issued $1.8bn in dollar-denominated three-year senior bonds
Japanese e-commerce conglomerate Rakuten Group said on Wednesday it will issue $1.8bn of three-year US dollar-denominated senior notes with an interest rate of 11.25%. The
Electronic Arts falls short of quarterly order estimates
Electronic Arts missed estimates for quarterly orders on Tuesday as lower costs and stiff competition hurt demand for its game titles. The company’s shares fell
Elon Musk’s Neuralink implants a brain chip in the first human being
The first human patient received an implant from brain chip startup Neuralink and is recovering well, billionaire founder Elon Musk said. “Initial results show promising
Japan to allocate $300m to develop optical chips
Japan’s Industry Ministry said on Tuesday it will allocate about 45.2 billion yen ($307 million) in subsidies to an initiative to develop optical technology for