Treasurer Josh Frydenberg said in a statement the move comes after talks with Facebook and Alphabet failed to yield a voluntary code to address complaints by domestic media players that the tech giants have too tight a grip on advertising.
The companies said Samsung will use Xilinx’s “Versal” computing chips, which will help with a technology called beamforming that lets 5G gear handle more wireless data than previous generations of networks.
Eateries in major cities like London are turning to takeaway and delivery options to make ends meet, but are still suffering from decimated sales and worries about health risks.
Xerox says its latest offer comprises $18.40 in cash and 0.149 Xerox shares for each HP share and that it plans to launch a tender offer on or around March 2.
Chinese consumers account for between 33 and 35 percent of all luxury goods bought in the world in value terms. The Bain & Company consultancy predicts that share will grow to 45 percent within five years.
Google parent Alphabet missed revenue expectations in the fourth quarter despite stellar growth at YouTube and in the cloud.
LVMH, the world's biggest luxury retailer, says that its net profit jumped by 13 per cent from 2018 to $7.89 billion (7.17 billion euros) .
Gazprom said Naftogaz of Ukraine has confirmed receipt of $2.918 billion in compensation from Gazprom in compliance with the 2018 Stockholm Arbitration's award.
Italy's government approved a capital injection, up to $992 million, to rescue the ailing cooperative bank Popolare di Bari on Sunday.
A report from the US Trade Representative's office found the tax penalises American tech companies like Google, Apple, Facebook and Amazon.
"The Banker" was scheduled to debut on Thursday in Hollywood at the American Film Institute's AFI Fest.
The Japanese company is looking to merge South Korean owned Line with Yahoo Japan, recently renamed to Z Holdings Corp.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2021 TRT World.