By Zaheer Kachwala (Reuters) -Google will invest $1 billion on building a data centre just outside of London, the U.S. technology giant said on Thursday, in its latest investment in Britain as it meets growing demand for internet services in the region. The data centre, located on a 33-acre (13-hectare) site bought by Google in…
By Echo Wang and Anirban Sen (Reuters) – Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing it has been eyeing for more than three years, according to people familiar with the matter. It would be the first IPO of a…
By Foo Yun Chee BRUSSELS (Reuters) – Amazon’s $1.4 billion acquisition of robot vacuum maker iRobot will be blocked by EU antitrust regulators, three people familiar with the matter said on Friday, as enforcers beef up scrutiny of Big Tech deals. The U.S. online retail giant defied a European Commission’s warning that the deal could…
By Andrea Shalal (Reuters) -U.S. President Joe Biden on Friday announced student debt cancellation of nearly $5 billion for an additional 74,000 borrowers, including more than half who earned forgiveness after 10 years of public service as teachers, nurses and firefighters. The White House announcement brings the total loan forgiveness approved by the Biden-Harris administration…
