Town Hall News

By Foo Yun Chee BRUSSELS (Reuters) -Microsoft has offered to change its cloud computing practices to settle antitrust complaints filed by its smaller rivals, a person with direct knowledge of the matter said on Tuesday, a move that will stave off an EU investigation. French cloud computing services provider OVHcloud, Italian cloud service provider Aruba and a Danish association of cloud service providers had complained to the European Commission about […]

By Tom Wilson and Angus Berwick LONDON (Reuters) – Binance founder Changpeng Zhao could never be accused of thinking small. Even back in 2017, the year he launched the business in China, he had towering ambitions: “We want to take over the entire market!” he told staff in a company chat group. The 46-year-old CEO didn’t waver in his belief as he built up his crypto exchange. And this year […]

By Tom Wilson and Angus Berwick LONDON (Reuters) – Binance founder Changpeng Zhao could never be accused of thinking small. Even back in 2017, the year he launched the business in China, he had towering ambitions: “We want to take over the entire market!” he told staff in a company chat group. The 46-year-old CEO didn’t waver in his belief as he built up his crypto exchange. And this year […]

(Reuters) – Spain’s competition watchdog CNMC has opened a disciplinary case against Google for alleged anti-competitive practices affecting publishers and Spanish news agencies, the regulator said on Tuesday. CNMC said it was investigating whether Google had abused its dominant position in the Spanish market. The proceedings involve Google LLC, Google Ireland Ltd, Google Spain, S.L. and their parent Alphabet Inc. The alleged practices also include distorting free competition and imposing […]

(Reuters) – Spain’s competition watchdog CNMC has opened a disciplinary case against Google for alleged anti-competitive practices affecting publishers and Spanish news agencies, the regulator said on Tuesday. CNMC said it was investigating whether Google had abused its dominant position in the Spanish market. The proceedings involve Google LLC, Google Ireland Ltd, Google Spain, S.L. and their parent Alphabet Inc. The alleged practices also include distorting free competition and imposing […]

By Dan Williams JERUSALEM (Reuters) -The Israeli defence chief whose dismissal by Prime Minister Benjamin Netanyahu brought the country’s constitutional crisis to a boil is staying in office until further notice, aides said on Tuesday, suggesting government indecision on how to proceed. Beset by three months of unprecedented protests against his nationalist-religious coalition’s signature plan to overhaul the judiciary, Netanyahu on Monday hit the pause button and called for compromise […]

By Dan Williams JERUSALEM (Reuters) -The Israeli defence chief whose dismissal by Prime Minister Benjamin Netanyahu brought the country’s constitutional crisis to a boil is staying in office until further notice, aides said on Tuesday, suggesting government indecision on how to proceed. Beset by three months of unprecedented protests against his nationalist-religious coalition’s signature plan to overhaul the judiciary, Netanyahu on Monday hit the pause button and called for compromise […]

By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -Lawmakers demanded details from top U.S. bank regulators on the unexpected failures of regional lenders Silicon Valley Bank and Signature Bank during testimony on Tuesday. Regulatory officials for the Federal Reserve, Federal Deposit Insurance Corporation (FDIC) and Treasury Department are testifying before congressional committees on the swift collapse of the two banks earlier this month. The failures set off a broader loss […]

KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy visited two northern towns and border guard trenches near the frontier with Russia on Tuesday, the latest stops on a regional tour that has taken him to areas near the front line. Video footage posted by Zelenskiy’s office showed him in Sumy, the sixth region he has visited in the past week as expectations of a Ukrainian counter-offensive rise. Zelenskiy walked with border guard […]