Over the next decade, London's digital technology sector could grow by 5.1 percent a year, creating an additional 12 billion pounds ($20 billion) of economic activity and 46,000 new jobs by 2024, according to a forecast commissioned by the city.
Europe
U.S. firm Abbott to buy Russian drugmaker for up to $495 million
U.S. healthcare firm Abbott Laboratories (ABT.N) is to buy Russian drugmaker Veropharm (VRPH.MM) for up to $495 million, giving it a manufacturing presence in a country where it has been operating for nearly 40 years, Abbott said on Tuesday.
Orange tops French mobile quality review, Free lags
France's largest carrier Orange topped an annual quality review of mobile services carried out by the country's telecoms regulator, while Iliad's Free Mobile lagged competitors.
Russia asks Twitter to block a dozen accounts
Russia asked Twitter on Monday to block access to a dozen accounts it deems "extremist", the head of the country's telecoms watchdog said, as Moscow seeks greater control over Internet sites based beyond its borders.
U.S. court rejects Gemalto's Android patent lawsuit
Gemalto NV, the French digital security company, said on Friday that the U.S. Court of Appeals for the Federal Circuit rejected its patent claim relating to the Android smart phone operating platform.
Latest News
Vodafone (VOD.L) said on Monday it had agreed to buy an Italian provider of electronics services to the car industry for 145 million euros ($197 million) as part of its strategy to connect millions of devices such as cars and other machines.
A Romanian court sentenced hacker "Guccifer", who broke into the emails of former U.S. president George W. Bush's family, entertainment figures and the head of the Romanian secret service, to four years in jail on Friday.
Companies based outside the European Union must meet Europe's data protection rules, ministers agreed on Friday, although governments remain divided over how to enforce them on companies operating across the bloc.
Microblogging platform Twitter Inc has been in talks with Berlin-based audio sharing website SoundCloud in its efforts to add a music service to its offering, the Financial Times reported citing people familiar with the matter.
Facebook Inc is acquiring Pryte, a Finnish company that aims to make it easier for mobile phone users in under-developed parts of the world to use wireless Internet apps.
One of the founders of file-sharing website Pirate Bay has been arrested in southern Sweden to serve an outstanding sentence for copyright violations after being on the run for nearly two years, Swedish police said on Saturday.
Transeastern Power Trust ("Transeastern" or the "Trust") is pleased to announce it has closed its initial public offering (the "Offering") of 11,045,800 units of the Trust (the "Units") at a price of $1.00 per Unit along with $11,763,000 aggregate principal amount of 7.5% convertible unsecured subordinate debentures (the "Debentures") for aggregate gross proceeds of $22,808,800.
Google has taken the first steps to meet a European ruling that citizens can have objectionable links removed from Internet search results, a ruling that pleased privacy campaigners but raised fears that the right can be abused to hide negative information.
German engineering group Siemens is in final stage talks to sell its 50 percent stake in a household goods joint venture to partner Robert Bosch, two sources familiar with the matter said on Wednesday.
