Moscow demands 13 foreign tech firms to be represented on Russian soil by 2022

RUSSIA-Moscow says 13 foreign tech firms must be represented on Russian soil by 2022 https://ift.tt/32t78io

Zenwork raises over Rs 1200 crore from US-based Spectrum Equity

Zenwork, a digital tax compliance and regulatory reporting technology firm on Tuesday said it has successfully raised over Rs 1200 crore from Spectrum Equity, a leading growth equity firm providing capital and strategic support to innovative Internet, software and information services companies. https://ift.tt/3HPWodZ

Indonesia mulls media bill seeking fairer share from big tech

Indonesian authorities are assessing a draft bill that could compel tech giants like Facebook and Google to negotiate with media firms for fairer revenues, media groups said on Tuesday, a move inspired by a groundbreaking new Australian law. https://ift.tt/3xh3xPH

Xiaomi revenue misses estimates, competition from Oppo and Vivo hurts

Sales rose to 78.06 billion yuan ($12.22 billion) in the three months to Sept. 30. Analysts had expected 79.20 billion yuan, Refinitiv data shows. Profit slumped 84% to 788.6 million yuan, which Xiaomi attributed to changes in the valuation of companies in its investment portfolio. https://ift.tt/3DOyH3A

OnePlus 10 Pro Aluminium Dummy Leaked, Tips Quad Rear Camera Setup

OnePlus 10 Pro has leaked in an aluminium dummy case. The dummy has been made by tipsterDavid Kowalski in partnership with Fathom Bracelets. The case shows that the OnePlus 10 Pro has a large... https://ift.tt/3nJcRIX

Xiaomi Revenue Fails to Meet Expectations as Competition Intensifies

Xiaomi reported a smaller than expected 8.2 percent rise in third-quarter revenue, hurt by intensifying competition from domestic rivals Oppo and Vivo. https://ift.tt/3nIYFzP