Cyprus is a desirable destination for startup and IT innovation companies. It is especially comfortable because of the tax program in effect to support the move and the well-developed banking infrastructure the island attracts fintech companies at the very heart of the new financial revolution.
The takeover appetite in the chip sector doesn’t seem settled yet. The Japanese Renesas announced that they were talking to the British Dialog Semiconductor about a takeover. The American tech company Apple is one of the main customers of the British chip designer.
Facebook is not only responsible in the European Union to Ireland, where the FB European headquarters is located, finds the main adviser to the European Court of Justice. He believes that other EU countries’ privacy watchdogs can also address Facebook.
Delivery Hero has to give up order app Yogiyo in South Korea from regulators. Only then can the $ 4 billion takeover of rival Woowa Brothers continue.
A more contagious British variant of the coronavirus is advancing further in Europe and beyond. Now Ireland also reports that the mutation has surfaced in the country. The Irish authorities hope to have more clarity about the spread of the mutated virus in the country in the near future.
iPhone maker Apple works on its own modem chips for mobile devices. This is What Johny Srouji, who leads Apple’s development of its own chips, has told the company’s staff, writes Bloomberg based on the insider info.
Kenes Rakishev, a well-known tech pioneer and entrepreneur from Kazakhstan sums up some of the AI projects involved in fighting with COVID-19. Rakishev points out some less-known facts, for example that quick reaction was secured by BlueDot computer. Kenes Rakishev himself invests in a couple of AI healthcare-related projects.
Four multinationals, including Shell and Exxon, want to store greenhouse gas CO₂ in an empty gas field off the Dutch coast. The companies are going to apply for subsidies at the end of this month. According to estimates, this grant could amount to around € 1.5 billion. This subsidy is controversial because it is a huge amount of money for something that has never been done on this scale.