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Alphabet Inc’s newly instated Chief Executive Officer Sundar Pichai will receive a hefty $240 million in performance-based stock awards over the next three years

Sundar Pichai is going to take home $2 million as annual salary in 2020

The $240 million stock given to the new CEO is the highest ever promised to any executive of Alphabet
The fine comes as France and other European countries maintain high levels of scrutiny on major US tech companies such as Google, Facebook, Apple and Amazon, which are often criticised for having relatively low tax payments

Google to pay a fine of 150 million Euros to France

France’s competition authority fined Google 150 million euros ($167 million) for anti-competitive behaviour and for having unclear advertising on the Google Ads page.
Amazon has said that it was on track to deliver 3.5 billion customer packages globally this year through its in-house delivery network.

Amazon on track to deliver 3.5 billion packages through its own network in 2019

Amazon, with its growing network of delivery planes, trucks and vans, is regarded as a potential long-term threat to FedEx Corp and United Parcel Service Inc.
Halving of bitcoin will cut production of the cryptocurrency by 50% and it is expected to happen in May 2020

Have you heard of bitcoin’s ‘halving’? Well, it’s set to shake crypto markets in 2020

Halving of bitcoin will cut production of the cryptocurrency by 50% and it is expected to happen in May 2020
FILE PHOTO: FILE PICTURE: A woman looks at the Facebook logo on a screen, June 3, 2018. REUTERS/Regis Duvignau

Facebook separates security tool from friend suggestions, cites privacy overhaul

Facebook will no longer feed user phone numbers provided to it for two-factor authentication into its “people you may know” feature
IBM said it has partnered with the research wing of Daimler AG’s Mercedes-Benz, battery electrolyte supplier Central Glass and battery manufacturer Sidus for the commercial development of the new design.. REUTERS/Sergio Perez/File Photo

IBM has a new battery design that taps seawater as alternative mineral source

The new battery requires no cobalt and this helps as the race to find alternate sources for this expensive material has intensified
Examples of the glitch included inputting the flag for Myanmar, which yielded the phrase “jackass” in translation. Bosnia yielded the phrase “he’s in a coma,” and Argentina yielded the phrase “you’re in love”. REUTERS/Bobby Yip/File Photo

Translation key on China’s WeChat is taking jabs at other country’s flags: Feature or a bug?

Inputting the flags of many countries in chat yielded non-sequiturs in translation.
Startup from chip veterans releases sensor to replace phone buttons

Startup develops a sensor that can eliminate mechanical buttons on phones

California-based startup UltraSense said that its new chips will be part of several consumer electronic devices next year.
The IPO valued OneConnect at $3.7 billion, about half its worth last year when SoftBank’s Vision Fund invested $100 million, and its stock finished flat in its debut on Friday. REUTERS/Issei Kato/File Photo

SoftBank’s China strategy wobbles as key bets like OneConnect disappoint

OneConnect Financial Technology is just one of many China bets placed by the Japanese investment giant or its massive Vision fund which have run into trouble
Facebook has plans to allow users of its units Messenger, WhatsApp and the direct messaging system within Instagram to communicate with each other. REUTERS/Regis Duvignau

The US Federal Trade Commission is weighing in on action against Facebook

The US Federal Trade Commission is considering asking a court to stop Facebook from moving ahead with plans to integrate its WhatsApp, Instagram and Messenger subsidiaries

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