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Google settles $5 billion privacy lawsuit for tracking users in Chrome’s Incognito mode
Google has agreed to settle a lawsuit that accused it of tracking users' online activities even when they were using Chrome's Incognito mode.
Enterprise IoT market to surpass $2,021 billion by 2033: Future Market Insights
The enterprise IoT market is expected to grow at a compound annual growth rate (CAGR) of 13% from 2023 to 2033 and surpass $2021.19 billion by 2033, according to a report from Future Market Insights.
Taiwan plans bills to protect ‘core’ tech from Chinese espionage, seeks tougher punishment against such attempts
The amendments would increase prison time and fines for people who work with foreign entities to steal information about ‘core’ technologies.
Amid EU turbulence, Swedish firm PriceRunner sues Google for $2.4 billion
Google is already facing new tough IT regulations in Europe with growing scrutiny around company operations in the EU.
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High on server memory chips demand, Samsung Electronics’ Q4 profit swells 52% to $11.5 billion
October-December profit at 13.8 trillion won ($11.5 billion), which would be the tech giant's highest fourth-quarter operating profit since Q4 2017
Ahead of Biden-Xi summit, US Senate leader plans to add China tech bill to defense measure
The move is likely to boost US competitiveness with China to a massive defense policy bill the Senate is due to begin considering this week
France ready to supply warships to Greece, over $5 billion deal announcement soon
The leaders of Greece and France are expected to announce a major, multi-billion-euro deal in Paris on Tuesday
US tech app Picsart joins $1 billion clubs as valuation swells after successful $130 mn funding round
Among the top companies that were part of the latest funding round include venture capital firms GSquared and Tribe Capital
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China’s Tencent lines up $1.27 billion to buy British videogame developer Sumo
The move assumes significance as this is likely to help China further expand its portfolio in the segment. The purchase is also likely to boost Chinese presence globally
Digit Insurance raises $200 million, valuation touches $3.5 billion
The company which is backed by Canadian billionaire Prem Watsa said with this round of funding, the total capital infusion into Digit has crossed Rs 3,000 crore. The fundraising follows a 44% growth in premium to Rs 3,243 crore. Insurance companies need to set aside capital for solvency in proportion to the business they write.
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