Tag: Italy

Here you will find all the articles with the tag: Italy.

Intel invests 33 billion euros in European chip industry

Intel invests 33 billion euros in European chip industry

Intel is pumping 33 billion euros into European chip factories, research sites and projects. In 2021, Intel promised an 80 billion euro investment plan for European chip production. Today, after weeks of radio silence, Intel confirmed new details. Intel is dividing 80 billion euros into sever... Read more

date2 years ago
Italy fines Clearview AI €20 million

Italy fines Clearview AI €20 million

The privacy agency also ordered the facial recognition company to delete all data on Italians Italy’s data privacy watchdog said it will fine the controversial facial recognition firm Clearview AI for breaching EU law. An investigation by Garante, Italy’s data protection authority, found tha... Read more

date2 years ago
Launch of BigCommerce in Spain, Mexico, and Germany

Launch of BigCommerce in Spain, Mexico, and Germany

US-based ecommerce platform, BigCommerce has started its global expansion. They have now launched in Spain, Mexico, and Germany. Texas-based ecommerce platform BigCommerce has officially launched in Spain, Germany, and Mexico. However, this is just the start of their global expansion. The compan... Read more

date2 years ago
Telecom Italia open to network spinoff as CEO weighs options

Telecom Italia open to network spinoff as CEO weighs options

The new boss has a broad mandate to make changes and pursue new areas of business. Telecom Italia (TIM) this week opened the door to a spin-off of its prized infrastructure assets, according to a report in Reuters. TIM, which is wrestling with shrinking revenues in its hyper-competitive domestic... Read more

date2 years ago
‘Italy and Intel negotiate chip factory worth 8 billion euros’

‘Italy and Intel negotiate chip factory worth 8 billion euros’

Italy is negotiating with Intel to establish a large factory to manufacture processors, Reuters reports. The size of Intel's investment is valued at around 8 billion euros ($9 billion). The talks between the Italian State and Intel concern the establishment of a large factory for packaging semic... Read more

date2 years ago
Italy fines Amazon 1.1 billion euros for antitrust violations

Italy fines Amazon 1.1 billion euros for antitrust violations

The fine is for for alleged abuse of their market dominance The Italian Antitrust has levied a hefty fine on Amazon. They said on Thursday they had fined the e-commerce giant 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance. The sanction decided by the Antitrust Author... Read more

date2 years ago
KKR and CVC Capital want to buy Telecom Italia

KKR and CVC Capital want to buy Telecom Italia

But the "indication of interest" faces a series of hurdles on multiple sides. Private equity giants KKR & Co. and CVC Capital Partners are considering teaming up on a bid for Telecom Italia SpA, according to a report in Bloomberg News. Such a move would help share the financial burden for Eu... Read more

date2 years ago
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