Tech
French tech group Atos reaches restructuring deal giving creditors control
ATOS’ creditors reached an agreement with the company that will see them take control of the embattled French IT services company instead of an outside investor.
Bondholders and lenders have...
Creative destruction, not government intervention, will ‘fix’ Big Tech
Some regulation is necessary, but political interference to break up industry behemoths could be counterproductive BREAK up Big Tech? Pandering politicians in the United States of America, Asia and...
Antitrust scrutiny on tech giants deserves greater investor attention
IN THE 1990s, Microsoft was riding high as one of the most successful software companies at the time.
Japan’s Topix reaches 34-year peak as financials gain, tech rebounds
Japan’s Topix stock index climbed to a 34-year high on Friday (Jun 28), as banks gained amid a gradual rise in domestic bond yields and technology shares rebounded from...
California lawmakers advance tax on Big Tech to help fund news industry
SACRAMENTO — The California state Senate on Thursday passed legislation aimed at helping the news industry by imposing a new tax on some of the biggest tech companies in the...
US: Wall Street slips as tech recovery stalls
Wall Street’s main indexes opened lower on Wednesday (Jun 26) as semiconductor and megacap stocks gave back early gains, with investors looking ahead to a crucial inflation report later...
French tech giant Atos’ top shareholder drops rescue offer
A CONSORTIUM led by the top shareholder of troubled French tech giant Atos, an IT partner for the Paris Olympics and French military, has withdrawn a rescue offer for...