Google Inc received U.S. antitrust approval to buy Motorola Mobility, a deal aimed at building up an arsenal of patents, and an Apple-led consortium also received the go-ahead to purchase a trove of patents from bankrupt Canadian company Nortel Networks, the Justice Department said. The depar... Read more...
Facebook will face a new legal challenge from Europe with the Telegraph reporting that a new law will prohibit the company from using users' information to produce bespoke advertising. The new directive from the European Commission would mean that Facebook would be unable to sell individuals' in... Read more...
The Dutch government is to “basically [...] exclude” U.S. cloud providers from government IT contracts amid concerns of the reach of the Patriot Act in Europe. To prevent sensitive citizen data from being compromised by U.S. authorities, the move to bar U.S. companies from providing cloud-bas... Read more...
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The International Monetary Fund on Sunday approved a 30 billion euro ($38.6 billion) loan for Greece as part of a larger European Union-led effort to help ease the country's economic crisis. The three-year deal makes about 5.5 billion euros (US $7 billion) immediately available to Greece's battered... Read more...