Iran arrests European accused of swindling $1 bn: reports
Police managed to discover a fraud case and arrest a European national who scammed 120 billion rials
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European
Europeans vote, with EU future in balance
Exit polls in some countries that have already voted have given pro-EU parties some comfort.
Germany seeks European cooperation on artificial intelligence
NUREMBERG, Germany: Germany called on Tuesday for European cooperation on developing artificial intelligence (AI) to close the gap on leaders China and the United States.
Economy Minister Peter Altmaier made the call after Berlin’s AI strategy was faulted by researchers, entrepreneurs and investors for lacking the vision and cash to sustain German industrial prowess.
Critics say that US and Chinese tech companies are leading the way in deploying AI to automate office tasks, support autonomous driving, or talk to a…
European firms say China business ‘more difficult’
European companies complain they still face a difficult business climate in China despite Beijing's pledges of openness, with about half saying it has become tougher in the past year.
Facebook rolling out privacy choices under EU rules
Facebook announced it would begin rolling out changes to how it handles private data this week to comply with forthcoming EU rules, with European residents seeing the measures first.
Google poised to emerge unscathed from European antitrust crackdown
BRUSSELS/SAN FRANCISCO: The European Union’s top antitrust regulator, Margrethe Vestager, has made it her mission to stem alleged anti-competitive abuses by big American tech companies, threatening as recently as last month to break up Alphabet’s Google.
But a decision in the most important of three antitrust cases against Google - this one aimed at loosening its stranglehold over Android-powered smartphones - is likely to show just how difficult it is, even for a committed trust-buster like Vestager, to dent the power of…
Half of European flights face delays after computer failure
European air travellers faced mass disruption on Tuesday with around half of all flights at risk of delays following a technical problem at Eurocontrol, the agency in charge of the continent's skies.
European telecom firms pin hopes on ‘Esports’ video game gladiators
MADRID: Marcos Ochoa has just landed the dream job for many young Europeans: he is being paid to play video games.
The 27-year-old Spaniard, whose internet nickname is "Aeroz", is a rising star of the Esports, or video games competitions that are played online or even in sports arenas.
With championships watched by crowds of fans similar to traditional events like the NBA basketball finals or soccer World Cup, telecom firms see Esports as a way to lure younger clients and brand themselves as digital companies rather than…
Europe presses Britain for swift exit to limit global fallout
LONDON: European leaders told Britain on Tuesday to act quickly to resolve the political and economic chaos unleashed by its vote to leave the European Union, a move the IMF said could put pressure on global growth.
Drowned baby picture captures week of tragedy in Mediterranean
BERLIN: A photograph of a drowned migrant baby in the arms of a German rescuer was distributed on Monday by a humanitarian organization aiming to persuade European authorities to ensure safe passage to migrants, after hundreds are feared to have drowned in the Mediterranean last week.