Activist RBR pushes for IT shakeup at Credit Suisse

[ad_1] ZURICH (Reuters) – Swiss hedge fund operator and Credit Suisse CSGN.S investor RBR Capital Advisors has shifted focus to shareholder activism, arguing that Switzerland’s second-biggest bank can create “enormous” value by replacing…

Coronavirus may cut global corporate tech spending 4.1% in 2020 – survey

[ad_1] By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Global companies whose revenues have taken a hit during the coronavirus pandemic plan to cut technology spending this year by as much…

ByteDance says goal of U.S. was to ban TikTok app rather than force a sale -internal letter

[ad_1] BEIJING, Aug 4 (Reuters) – ByteDance founder Zhang Yiming told employees in an internal letter on Tuesday that the United States goal was not to force a sale of…

Exclusive: New EU rules to define gatekeepers by users, areas of business – sources

[ad_1] BRUSSELS (Reuters) – Tech companies with millions of European users or active in at least two sectors will be classified as online gatekeepers subject to tough new EU rules…