#backs

9:53am, 16th June, 2020

India investment body backs incentives for $706 million Samsung display plant: letter

Samsung Electronics should get tax and other incentives from India's northern state of Uttar Pradesh as the South Korean company looks to invest some 53.67 billion rupees ($705.75 million) in a smartphone display manufacturing plant in the state, Ind...

German government backs 'electronics you can trust'

7:57am, 9th June, 2020

News

German government backs 'electronics you can trust'

The German government said on Tuesday it would commit millions of euros in funding to electronics research and development, as part of a wider effort to reduce its reliance on imports of equipment used in its critical infrastructure.

Majority of FCC backs Ligado plan for broadband network -sources

5:05pm, 17th April, 2020

News

Majority of FCC backs Ligado plan for broadband network -sources

A majority of the five-member Federal Communications Commission (FCC) has voted to approve an order to allow Ligado Networks' to deploy a low-power nationwide 5G network despite objections from the Defense Department and major U.S. airlines, two gove...

Venture capital firm Atomico backs European tech with $820 million fund

2:05am, 18th February, 2020

News

Venture capital firm Atomico backs European tech with $820 million fund

Venture capital firm Atomico has closed its fifth fund with $820 million to invest in early-stage technology companies in Europe, a region it said had come of age in terms of innovation and opportunity.

Goldman Sachs backs U.S. construction finance tech startup Rabbet

7:27am, 20th February, 2019

News

Goldman Sachs backs U.S. construction finance tech startup Rabbet

Goldman Sachs Group Inc has backed Rabbet, a U.S. startup that develops software to help make construction finance more efficient, the companies said on Wednesday.

Macquarie backs drone map, electric-vehicle businesses

9:53pm, 18th February, 2019

News

Macquarie backs drone map, electric-vehicle businesses

Macquarie Group, the world's largest manager of infrastructure assets, has seeded money in a map system for drones and an electric-vehicle sharing business, it said on Monday.

Bahrain minister backs boycott of Uber over Khashoggi case

4:20am, 15th October, 2018

News

Bahrain minister backs boycott of Uber over Khashoggi case

Bahrain's foreign minister called for a boycott of the ride-hailing company Uber Technologies [UBER.UL] after its chief executive officer said he will not attend a business conference in the kingdom's ally Saudi Arabia.

UK cyber security agency backs Apple, Amazon China hack denials

6:39am, 5th October, 2018

News

UK cyber security agency backs Apple, Amazon China hack denials

Britain's national cyber security agency said on Friday it had no reason to doubt the assessments made by Apple and Amazon that refuted a Bloomberg story that their systems contained malicious computer chips inserted by Chinese intelligence.

Internet group backs 'national' data privacy approach

10:35pm, 11th September, 2018

News

Internet group backs 'national' data privacy approach

A group representing major internet companies including Facebook Inc , Amazon.com Inc and Alphabet Inc said on Tuesday it backed modernizing U.S. data privacy rules but wants a national approach that would preempt California's new regulations th...

Fidelity's Danoff backs Facebook's response to content, privacy issues

7:29pm, 27th August, 2018

News

Fidelity's Danoff backs Facebook's response to content, privacy issues

Facebook Inc's second-biggest outside investor has offered backing for the world's largest social media company as it faces public criticism for what people see on its service and how much user information is shared with third parties.