The European Commission, the executive arm of the EU, has proposed new laws under which technology companies can be fined up to 10% of their global turnover and also face orders to split up.
The top 20 Asia-Pacific technology companies may face a rough time this year due to the volatile global situation and the the ongoing coronavirus pandemic, the data and analytics firm GlobalData says.
National Australia Bank has pledged to allocate $2 billion in funding over five years to help emerging technology companies build and grow their businesses.
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