By Fanny Potkin and Stefanno Sulaiman SINGAPORE/JAKARTA (Reuters) – Indonesia is readying tough new rules that will allow it to fine and criminally charge internet and social media platforms, sources with direct knowledge of the matter said, potentially slowing online firms’ rapid growth in a $70 billion market. The rules, […]
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BANGKOK (Reuters) – Chinese automaker Great Wall Motor has signed an agreement with Thailand’s government to slash retail prices of its electric vehicles, an executive said on Tuesday, a move aimed at boosting domestic EV sales and production. The agreement, which involves a government subsidy and reduction in value-added tax, […]
By KELVIN CHAN, AP Business Writer LONDON (AP) — Tech bosses face criminal prosecution if they fail to comply with proposed British rules aimed at ensuring people are safe online, the U.K. government said Thursday as it unveiled the draft legislation in Parliament. The ambitious but controversial online safety bill […]
By KELVIN CHAN, AP Business Writer LONDON (AP) — BMW and Volkswagen warned this week that Russia’s invasion of Ukraine is causing shortages of some vital components, forcing them to reduce vehicle production in Europe. The two German carmakers said the war is having a “negative” effect on auto supply […]
By FRANK BAJAK and BARBARA ORTUTAY, AP Technology Writers BOSTON (AP) — Long before waging war on Ukraine, President Vladimir Putin was working to make Russia’s internet a powerful tool of surveillance and social control akin to China’s so-called Great Firewall. So when Western tech companies began cutting ties with […]
By Tom Wilson and Elizabeth Howcroft LONDON (Reuters) – Cryptocurrencies have been close to the headlines since Russia invaded Ukraine, with the ever-volatile bitcoin in demand in Russia and beyond. Here are some charts that look at how cryptocurrencies have fared during the largest attack on a European country since […]