Thursday, September 30, 2021

Facebook could face hefty fine in Russia over banned content, report says

State communications regulator Roskomnadzor said Facebook's repeated violations could see it fined 5% or 10% of its annual Russian turnover. Moscow has increased pressure on foreign tech companies over the last year as part of a long-running push to assert greater sovereignty over its segment of the internet.

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...