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CNN: Qatar is Not Making New Investments in Russia for the Time Being
Qatar will not make any new investments in Russia for the time being. Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani said in an interview with CNN.
According to the minister, the oil and…
Intel Acquires Linutronix
Intel acquires embedded Linux system manufacturer Linutronix. The acquisition reflects "the company's commitment to the Linux kernel and community," he said.
Linutronix develops industrial Linux solutions.…
Worldline Wants to Sell Payment Terminals to Investment Fund
Worldline, which specializes in the processing of electronic payments, is in exclusive talks with the American investment fund Apollo about the sale of its payment terminal activities.
The deal values those…
Facebook Mother Meta Stops With Digital Currency
The Diem Association, which was founded to give the digital currency of Meta (Facebook) a new start, is being dismantled. The organization sells its intellectual property rights and other assets to Silvergate Capital…
Ryanair Departs From Too Expensive Frankfurt Airport
Ryanair gives up its base at Frankfurt Airport. The Irish airline, the largest price breaker in Europe, announced this on Friday.
The reason for Ryanair's departure is the rates that Frankfurt Airport, the…
Tesla Under Fire for Opening Showroom in China
Electric car maker Tesla has come under criticism from US human rights groups and trade groups for opening a showroom in China's Xinjiang region. The billionaire Elon Musk seems to become entangled in the political…
Google Gives Employees Extra $1,600 Bonus After Delaying Return to Office
Google is giving its employees worldwide an extra bonus this year. The bonus follows the decision by the internet group, part of Alphabet, to postpone the return of staff to the office.
In December, the company…
Brits Force Facebook to Sell Giphy Again
Facebook is not allowed to keep the acquired poison platform Giphy. The UK market regulator believes the acquisition will curtail competition and gives some good reasons for doing so.
Facebook (which today goes…
Alibaba Quarterly Profit Hit by Stricter Government
Chinese internet giant Alibaba has seen its profits fall by no less than 81 percent in the past quarter, partly as a result of the stricter regulations that the Chinese government applies to the Chinese tech giants.…
China Reportedly Gains A Billionaire Almost Every Day
China is adding another billionaire in US dollars just about every day. Their number rose last year by 300 to almost 1200. This is reported by the Chinese magazine Hurun, which, like Quote, publishes an annual list of…