PARIS (Reuters) - Cross-border mergers are not part of Orange's strategy in Europe, the new boss of France's top telecoms group said on Tuesday, adding that the company's priority was to strengthen its position in existing markets. "Orange's strategy doesn't involve cross-border, European consolidation, or a big M&A project," said Christel Heydemann at her first news … [Read more...] about Cross-border mergers not part of Orange’s strategy in Europe, new CEO says
Russia’s Yandex says it has no plans to split up the company
(Reuters) - Russian internet giant Yandex on Tuesday said it has no plans to split the company up, responding to a media report that had said it was looking to divide into a Russian and international division. The Meduza media outlet on Tuesday reported, citing sources, that Yandex employees were asking for opportunities to work in other countries and that plans for a new … [Read more...] about Russia’s Yandex says it has no plans to split up the company
Musk’s pitch for free speech may turn Twitter advertisers jittery
(Reuters) -Advertisers could be reluctant to spend on Twitter if Elon Musk pushes ahead with plans to promote unfettered speech on the social media platform, analysts said, after the world's richest person clinched a deal to buy the company for $44 billion. Although Musk, a self-proclaimed free speech absolutist, has not given details on how he plans to "improve and fix" … [Read more...] about Musk’s pitch for free speech may turn Twitter advertisers jittery
Revolut CEO eyes expansion into mortgages, crypto wallets
By Hannah Lang (Reuters) - Digital banking platform Revolut is working on expanding into decentralized cryptocurrency wallets and is also looking at the mortgage sector, its CEO said, as the London-based company pushes ahead with its strategy to become a so-called "superapp". Revolut, which currently offers payments services, crypto trading, savings accounts and stock … [Read more...] about Revolut CEO eyes expansion into mortgages, crypto wallets
China’s Huawei seeks out growth areas as risks mount
SHENZHEN, China (Reuters) -Huawei Technologies has identified helping businesses to use 5G technology, cloud computing and to improve their energy efficiency as ways to bolster the company in the face of mounting challenges, its rotating chairman said on Tuesday. In 2019 the U.S. Trump Administration put Huawei on an export blacklist, putting its once mighty handset business … [Read more...] about China’s Huawei seeks out growth areas as risks mount
