EU may impose 3% turnover tax on Google, Facebook
Large technology companies with significant digital revenues in the European Union such as Google and Facebook could face a 3 percent tax on their...
U.S. tech companies win changes in bill to limit China access to technology
Lawmakers pushing legislation aimed at preventing China from acquiring sensitive U.S. technology have proposed relaxing elements of the measure, Reuters reported. Read the latest...
EOS opens 3D printing technology center in Germany
EOS, a technology supplier in industrial 3D printing of metals and polymers, has opened a customer and technology center in Dusseldorf City, Germany.
The...
Wipro3D opens solution center in Bengaluru
Wipro3D, the additive manufacturing (AM) business unit of Wipro Infrastructure Engineering, has opened solution and experience center for metal 3D printing in Bengaluru, India.
Wipro...
EU proposes crowd-funding passports in boost for fin-tech: Reuters
The European Commission has proposed crowd-funding “passports” for the European Union in a draft law that forms part of efforts to boost growth in...
India forms committee to solve fin-tech related issues
The India Government has set up a committee on fin-tech related issues aimed at the development of fin-tech industry.
The primary aim is to make...
Toyota venture to spend $2.8 bn to develop self-driving technology: Reuters
Toyota Motor said a new venture would be investing more than $2.8 billion to develop automated-driving software. Read the full IT technology news
Reuters: Reliance, global tech firms to invest $9.3 bn in industrial area
Reliance Industries (RIL) and more than 20 technology firms including Cisco Systems, Siemens, Corning, HP, Dell, Nokia and Nvidia will invest $9.34 billion over...
IoT tech co Losant mobilizes $5.2 mn in funding
Losant, an enterprise Internet of Things (IoT) start-up, has raised $5.2 million in Series A financing from new and existing investors.
CincyTech led the round...
Education technology co Varsity Tutors mobilizes $50 mn funding
Education technology company Varsity Tutors has closed a $50 million Series C funding round.
The latest funding assisted the technology company to reach its total funding to $107...