Technology

(Reuters) – U.S. shoppers spent more online during this year’s holiday shopping season, a report by Mastercard Inc (MA.N) showed on Wednesday, with e-commerce sales hitting a record high. FILE PHOTO: Shoppers make their way through Fashion Centre at Pentagon City, decorated for the holidays, in Arlington, Virginia, U.S. December 23, 2019. REUTERS/Jonathan Ernst The
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SAO PAULO (Reuters) – Mauritius-headquartered telecoms group IHS Towers said on Monday it has agreed to buy Brazilian telecoms infrastructure company Cell Site Solutions (CSS) from Goldman Sachs and Centaurus Capital LP for an undisclosed amount, to expand in Latin America. The acquisition is part of IHS’s strategy to become the a leading owner, operator
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SHENZHEN, China (Reuters) – An art exhibition exploring the impact of facial recognition technology has opened in China, offering a rare public space for reflection on increasingly pervasive surveillance by tech companies and the government. A security personnel stands next to information on artists who applied for the “Eyes of the City” exhibition, as the
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TEL AVIV (Reuters) – The total value of exits for Israeli technology startups in 2019 jumped by 102% to $9.9 billion, according to a report released on Tuesday by PricewaterhouseCoopers. The exits – acquisitions and initial public offerings – do not include follow-on transactions for companies that were previously acquired or already public such as
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FILE PHOTO: Huawei’s first global flagship store is pictured in Shenzhen, Guangdong province, China October 30, 2019. REUTERS/Aly Song/File Photo ROME (Reuters) – Chinese telecoms firm Huawei should be allowed a role in Italy’s future 5G network, the Italian industry minister said on Sunday after an influential parliamentary committee called on Rome to block the
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SHANGHAI (Reuters) – China’s state-backed semiconductor fund announced plans to reduce holdings in some tech firms, even as foreign investors continued to add exposure to the country’s tech sector. The National Integrated Circuitry Investment Fund, also known as the “Big Fund”, planned to cut its stakes in Gigadevice Semiconductor, chipmaker Shenzhen Goodix Technology and Hunan
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Katrin Sagur decorates Christmas tree found with help of a mobile application in Kuuresaare, Estonia December 18, 2019. REUTERS/Janis Laizans KURESSAARE, Estonia (Reuters) – Estonians have always headed to the forests in their thousands to cut down Christmas trees, but these days they will probably have a smartphone in their hands. The state forestry company
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