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European Union Competition Commissioner Margrethe Vestager gives a joint press at the EU headquarters in Brussels on July 18, 2018. The EU on July 18, 2018 gave Google 90 days to end

Google hit with record $5 billion EU antitrust fine

Google has also been ordered to halt anti-competitive practices in contractual deals with smartphone makers and telecoms providers within 90 days.
IBM partners Stronghold for new digital stable coin

Stable coin: IBM backs a new ‘price stable’ cryptocurrency

Stronghold USDs or Stable coins are designed for use among businesses, such as financial institutions, multinational corporations, and asset managers.
Robotic hand working with virtual graphic interface. HUD

Walmart to use Microsoft’s cloud, AI tech to compete with Amazon

While Walmart is doubling down on its e-commerce presence to better compete with Amazon, Microsoft has been working on a technology that would eliminate cashiers and checkout lines from stores.
Apple will work with 10 suppliers including Pegatron Corp and Wistron Corp over a four-year period in China.

Apple launches $300 million green energy fund in China

Apple’s project could help provide power to almost one million homes in China.
Accounts are locked if Twitter detects unusual behaviour such as a burst of activity after months of dormancy.

Twitter’s new policy drops follower count by 2% for top users

Twitter had started removing locked accounts from followers’ list of users.
Apple and Google are suspected to be using consumer data, including location information and recordings of users.

Apple, Google questioned on privacy, data practices by US House Republicans

The companies were asked if Android or iPhones collect audio recordings of users without their consent.
The EU handed down a landmark 2.4-billion-euro ($2.82 billion) penalty to Google last year for favouring its shopping service over rivals.

Google faces record penalty from EU over findings against Android mobile OS

EU regulators have reportedly postponed its meeting with Google over its finding against Android to next week.
FILE PHOTO: A Bitcoin (virtual currency) logo is pictured on a door in an illustration picture taken at La Maison du Bitcoin in Paris May 27, 2015. REUTERS/Benoit Tessier

Cryptocurrency exchange theft increase in 1st half of 2018: Report

In the first six months of the year a total of $761 million was stolen from digital currency exchanges, compared with about $266 million for the whole of 2017.
The logo of China's ZTE Corp is seen at the lobby of ZTE Beijing research and development center building in Beijing, China June 13, 2018.

ZTE given temporary reprieve to conduct business in US

ZTE was forced to cease major operations in April after the US slapped it with a supplier ban.
HTC job cuts: More than 1,000 employees to be sacked

Struggling smartphone maker HTC to cut 1,500 jobs

HTC said it would cut 1,500 jobs in its manufacturing unit in Taiwan. This represents about a quarter of the 6,450 staff it employed globally as of June.

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