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UK may use taxes to get tech giants to do more to fight extremism, minister says

UK may use taxes to get tech giants to do more to fight extremism, minister says

LONDON (Reuters) – Britain may impose new taxes on tech giants like Google and Facebook unless they do more to combat online extremism by taking down material aimed at radicalizing people or helping them to prepare attacks, the country’s security minister said. Ben Wallace accused tech firms of being happy to sell people’s data but [...]

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Apple apologizes after outcry over slowed iPhones

Apple apologizes after outcry over slowed iPhones

(Reuters) – Facing lawsuits and consumer outrage after it said it slowed older iPhones with flagging batteries, Apple Inc is slashing prices for battery replacements and will change its software to show users whether their phone battery is good. In a posting on its website Thursday, Apple apologized over its handling of the battery issue [...]

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Hong Kong eyes blockbuster China tech IPO queue, led by Xiaomi

Hong Kong eyes blockbuster China tech IPO queue, led by Xiaomi

HONG KONG (Reuters) – Hong Kong bankers are eyeing a slew of blockbuster IPOs from Chinese technology firms with a total market capitalization of some $500 billion over the next two years, in a sharp contrast to 2017 – the city’s worst year for raising equity in a decade. If bankers’ expectations are met, it [...]

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