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☆ Blur Wembley: Britpop veterans raise their game as they emerge as a true stadium band
▼ + stars: | 2023-07-10 | by ( Peter Wilkinson | ) edition.cnn.com time to read: +2 min

Blur quite simply knock it out of Wembley’s capacious park, playing a superbly varied setlist of both hits from their mid-1990s heyday, and more reflective album tracks. Singer Damon Albarn was at times emotional -- a measure of how much the achievement of playing Wembley means to him and the band. The 10 p.m. curfew means a wistful “The Universal” echoes in people’s heads as they make their way home. Blur limit their outings such that fans appreciate them all the more when they do tour. A full Wembley crowd of all ages shows that they’re likely to retain their place in a new generation of hearts – just as Springsteen, McCartney and Elton have done – for years to come.

Persons: Europe’s, Damon Albarn, ” Albarn, Alex James, Graham Coxon, Singer Damon Albarn, Ian West, Albarn, Coxon, James, Dave Rowntree, –, Springsteen, McCartney, Elton Organizations: London CNN, Wembley, “, Blur, Gospel Choir, Gorillaz Locations: Europe

☆ Misunderstood rattlesnakes have a tender side, study finds
▼ + stars: | 2023-07-07 | by ( Rich Mckay | ) www.reuters.com time to read: +2 min

July 7 (Reuters) - Warm and cuddly are adjectives that seldom spring to mind when one thinks of rattlesnakes. The findings challenge the notion that reptiles are solitary hunters that display little in the way of complex social behavior. Ethology, the study of animal behavior, has long recognized that birds and mammals, including humans, find comfort from being physically close to their own kind. To measure stress levels in the snakes, Martin used a heart-rate monitor designed for humans. "It lets us know as humans that, hey, we're not that different from these snakes," Martin said.

Persons: Chelsea Martin, William Hayes, Hayes, " Hayes, Martin, Rich McKay, Frank McGurty, Will Dunham Organizations: Loma Linda University, rattlers, Loma, wrangle rattlers, Thomson Locations: San Bernardino , California, Southern California, Atlanta

☆ Dutch government collapses over immigration policy
▼ + stars: | 2023-07-07 | by ( ) www.reuters.com time to read: +3 min

AMSTERDAM, July 7 (Reuters) - The Dutch government on Friday collapsed after failing to reach a deal on restricting immigration, junior coalition partner Christian Union said, a move expected to trigger new elections in the fall. Therefore they decided to end this government," party spokesman Tim Kuijsten said, confirming media reports that Prime Minister Mark Rutte would tender the resignation of his government. The Netherlands already has a one of Europe's toughest immigration policies but under the pressure of right-wing parties, Rutte had for months been trying to seek ways to further reduce the inflow of asylum seekers. He promised to improve conditions at the facilities, mainly by reducing the number of refugees that reach the Netherlands. Rutte, 56, is the longest-serving government leader in Dutch history and the most senior in the EU after Hungary's Viktor Orban.

Persons: Tim Kuijsten, Mark Rutte, Rutte, Kajsa Ollongren, Hungary's Viktor Orban, Bart Meijer, Anthony Deutsch, Stephanie van den, Sandra Maler Organizations: Christian Union, Defence, Frontieres, Thomson Locations: AMSTERDAM, Netherlands

☆ Britain to set up real-time bond and stock trading record
▼ + stars: | 2023-07-04 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

LONDON, July 5 (Reuters) - Britain's financial watchdog proposed a real-time record of stock and bond prices on Wednesday to help investors spot the best deals and improve the capital markets' attraction. The Financial Conduct Authority (FCA) said it was proposing to create a 'consolidated' tape, which combines trading data from the London Stock Exchange and other platforms, to increase transparency and access to trading. The FCA aims to have the regulatory framework in place by 2024 and would run a competitive tender for a bonds market tape first, followed by stocks. Later this year, the watchdog will consult on further reforms to the transparency of bond and derivatives markets to aid delivery of trading data alongside a tape. "The new consolidated tape will help reduce trading costs, increase transparency and improve data quality," said Sarah Pritchard, the FCA's executive director for markets.

Persons: Sarah Pritchard, Huw Jones, Christina Fincher Organizations: of, Union, Financial Conduct Authority, London Stock Exchange, EU, Thomson Locations: of London, Europe

☆ Keysight to buy French software firm ESI Group for nearly $1 bln
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +1 min

June 28 (Reuters) - Electronic equipment maker Keysight Technologies (KEYS.N) said on Wednesday it would acquire a controlling stake in French software firm ESI Group (ESIG.PA) in a 913 million euros ($995.81 million) deal. "Keysight's acquisition of ESI Group accelerates our strategy of providing software-centric solutions with virtual prototyping and advanced simulation capabilities," Keysight CEO Satish Dhanasekaran said in a statement. Once the deal is completed, Keysight will launch a mandatory tender offer for the remaining outstanding shares of ESI Group, it said. Th deal will increase Keysight's software revenue and annual recurring revenue, or ARR, Keysight said in a statement. ESI Group provides services in more than 15 countries and has about 1,000 employees.

Persons: Satish Dhanasekaran, Keysight, Th, Lavanya, Subhranshu Sahu, Rashmi Organizations: Keysight Technologies, ESI, ESI Group, Thomson Locations: California, Bengaluru

☆ I'm an AI-prompt engineer. Here are my 3 requirements for writing a prompt for chatbots like ChatGPT.
▼ + stars: | 2023-06-29 | by ( Marc Shoffman | ) www.businessinsider.com time to read: +6 min

I joined AutogenAI, a company that has built a language model companies use for bid and tender writing, in July 2022. At university, I focused mostly on analytic philosophy, such as mathematical logic, formal logic, philosophy of science, and linguistics. It is fundamental to understand that when prompting a large language model, you are, in some way, communicating with it. The command, "make this paragraph better," assumes the language model knows whether that means longer, shorter, clearer, or less boring. Though this may be intuitive to you, it isn't explicitly clear to the language model.

Persons: Teodora Danilovic, —, I've Organizations: Service, King's College, Serbian Locations: King's College London, London, Serbian, Silicon Valley

☆ Warner bats through pain to move closer to Sydney farewell
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +2 min

Coming after a 43 in the World Test Championship final and a 36 in the first test, Warner feels he is on an upwards trajectory in his batting form. "I've felt in total control the last six to eight months with where my game is," he told reporters. "I'm moving into the ball, my feet are moving. "It's copped a battering the last two games and in the nets, so it's little bit sore at the moment," he said. "Bit of a bruise, but I'll just see how we go after the game and I think we'll examine it then.

Persons: David Warner, Warner, I've, Nick Mulvenney, Peter Rutherford Organizations: England, Pakistan, Warner, Thomson Locations: Australia, England

☆ Live to 100 by adding beans to your diet
▼ + stars: | 2023-06-29 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

CNN —Beans, beans, the magical … longevity food? The recipe is in his book “ The Blue Zones American Kitchen: 100 Recipes to Live to 100 ." “If you want to avoid gas, the way to start with beans is with a couple tablespoons a day,” Buettner said. For quicker soup, Buettner suggests using a pressure cooker for 25 minutes — except for lentils, which only take about 5 minutes. “If you want to store it more than 2 days, it’s better to freeze it.”This recipe is adapted from “The Blue Zones American Kitchen: 100 Recipes to Live to 100” by Dan Buettner.

Persons: ”, Dan Buettner, Loma, centenarians, Buettner, David McLain, ” Buettner, “, Gallo Pinto, Rich Landrau, David McLain Good, John Buettner, it’s Organizations: CNN Locations: Ikaria, Greece, Okinawa, Japan, Costa Rica, Loma Linda , California, Sardinia, Italy, Perdasdefogu, Nicoya, Philadelphia, Spencer , Iowa, Beach Cities , California

☆ EU’s digital euro plan reflects defensive crouch
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +2 min

A digital euro, he argues, is essential so that the EU does not fall “behind the curve” in global payments, private-label digital currencies and electronic versions of central bank money. Under the proposal, the European Central Bank would have control over who can use the digital euro, how it will be used internationally, and how much people can hold at one time. At the same time, the plan calls for a digital European currency to have an international role, part of efforts to shore up the euro as a global reserve currency. The EU plan calls for the digital euro to be accepted as legal tender almost everywhere, at no cost to ordinary consumers. If there is going to be a digital euro, Europe’s governments and institutions are clear that they, not the private sector, will be in charge.

Persons: Valdis Dombrovskis, Rebecca Christie, Eli Lilly, Aston Martin, George Hay, Oliver Taslic Organizations: Reuters, European Central Bank, U.S . Federal Reserve, Bank of England, EU, ECB, Twitter, Thomson Locations: BRUSSELS

☆ Britain’s royal finances boosted by record wind profits
▼ + stars: | 2023-06-28 | by ( Susanna Twidale | ) www.reuters.com time to read: +2 min

LONDON, June 29 (Reuters) - Britain’s Crown Estate, which manages King Charles' public property, posted a record profit last year boosted by income from offshore wind leases. The Crown Estate, which comprises tracts of land and most of Britain’s sea bed, is an independently-run, commercial business, whose profits go to the Treasury. Crown Estate said option fees across all six projects were approximately 1 billion pounds per year, payable to the Crown Estate for a minimum of 3 years and up to ten years. Dan Labbad chief executive of the Crown Estate said he was unable to give more detail on how the profits would be spent. It is typically based on 15% of the profits of the Crown Estate but has been temporarily increased to 25% to pay for extensive refurbishment at Buckingham Palace.

Persons: King Charles, Germany's RWE, Dan Labbad, Grant, Sovereign Grant, Susanna Twidale, Barbara Lewis Organizations: Treasury, Crown, Sovereign, Thomson Locations: Buckingham

☆ EU proposes payments sector shake-up, legal backing for digital euro
▼ + stars: | 2023-06-28 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

LONDON, June 28 (Reuters) - The European Union on Wednesday proposed injecting more competition into the payments sector, giving legal backing to a digital euro, and preserving the role of cash as fewer people use coins and notes. EU states and the European Parliament have the final say on the package, with some changes likely. "We are going to clearly identify the obstacles that the fintechs should never have been encountering," an EU official said. Electronic payments in the EU has grown from 184.2 trillion euros ($201.7 trillion) in 2017 to 240 trillion euros in 2021, accelerated by COVID-19. The European Central Bank is due in October to decide whether to push ahead with a digital euro.

Persons: Huw Jones Organizations: European Union, Commission, Visa, Mastercard, COVID, EU, European Central Bank, Thomson Locations: U.S

HONG KONG, June 27 (Reuters Breakingviews) - A government-led buyout signals more uncertainty ahead for a chip industry grappling with oversupply and geopolitics. The state-backed Japan Investment Corp will take over JSR (4185.T), which makes light-sensitive chemicals vital to manufacturing semiconductors, among other things. In recent years, the conglomerate has pivoted from a low-margin business of selling synthetic rubber used to make tyres to focus on semiconductor materials - primarily photoresists - and biopharmaceuticals. Yet JIC's mandate to boost the country’s global competitiveness and its focus on consolidating industries helps to justify the hefty premium. Either way, the government's focus on elevating national chipmaking champions creates fresh uncertainty for JSR's foreign customers like South Korea's Samsung Electronics (005930.KS) and Taiwan Semiconductor Manufacturing (2330.TW).

Persons: Sharp, Eric Johnson, Una Galani, Thomas Shum Organizations: Reuters, Japan Investment Corp, Renesas Electronics, chipmakers, Samsung Electronics, Taiwan Semiconductor Manufacturing, Japan Investment Corporation, Mizuho Bank, Development Bank of Japan, Thomson Locations: HONG KONG, Tokyo, Taiwan, Japan, United States, South Korea, South

☆ Japan-backed fund to buy critical semiconductor firm JSR for $6.3 billion as chip tensions rise
▼ + stars: | 2023-06-26 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

The Japanese Investment Corporation (JIC) proposed a $6.3 billion buyout of JSR, one of Japan's most critical chip firms. The Japanese Investment Corporation proposed an offer of 4,350 Japanese yen ($30.3) per share to buy JSR, marking a 35% premium to Friday's closing price. A fund backed by the Japanese government on Monday proposed a $6.3 billion acquisition of semiconductor material giant JSR , underscoring the strategic emphasis governments around the world are putting on the critical technology of chips. Countries such as the Netherlands, home to a critical chip firm called ASML, as well as Japan, followed suit with similar restrictions. "JIC's investment in JSR means that the government might have a higher say over its decisions," Kotasthane said.

Persons: JIC, Kotasthane Organizations: Japanese Investment Corporation, JSR, Takshashila, CNBC, U.S Locations: Japan, China, Netherlands

☆ EU to set out legal underpinnings for a digital euro
▼ + stars: | 2023-06-26 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

LONDON, June 26 (Reuters) - The European Union is due on Wednesday to publish draft rules that give legal underpinnings for a digital euro, if the European Central Bank decided to issue one in coming years. The European Central Bank is expected to decide in October on whether to proceed with a digital euro for retail uses like payments from around 2026 at the earliest, to sit alongside cash. Before it can do so, however, the digital currency must have legal backing in the EU to underpin its acceptance and use. The EU draft proposal, which could see changes before publication, says that the benefits of a digital euro would outweigh the costs and that the cost of not issuing one could potentially be very large. A digital version of the euro zone's single currency would be "legal tender", meaning it would have to be accepted as a form of payment, the draft says.

Persons: Moody's, Banks, Huw Jones, Hugh Lawson Organizations: European, European Central Bank, Reuters, EU, Mastercard, Visa, ECB, Thomson Locations: Central, China, Japan, Brazil, Britain, Canada, EU

☆ The secret queer history of flowers
▼ + stars: | 2023-06-25 | by ( Aj Willingham | ) edition.cnn.com time to read: +6 min

Many of these flowers have deep connections to queer icons or are echoed in other queer symbols. (Even more complex emotions like, say, bashfulness, were associated with their own flowers, which surely wasn’t confusing at all.) It makes sense, then, that queer communities would find both beauty and belonging by continuing this interesting tradition. Today, the lavender flower still appears in newer symbols of queerness. The Japanese word for rose is pronounced “bara,” and experienced a resurgence in queer media in the 1960s and 1970s.

Persons: CNN —, Lavender, Sappho, Betty Friedan, Violet Violets, “, violets, Lesbos ”, Renée Vivien, Edouard Bourdet, Pansy “ Pansy ”, pansy, ”, Paul Harfleet, Rose, Japan’s, Oscar Wilde, Windermere’s Fan, ” Wilde Organizations: CNN, Stonewall, National Organization for Women Locations: Europe, New York City, Lesbos, Paris, British, ”

TOKYO, June 24 (Reuters) - Japanese online financial conglomerate SBI Holdings Inc (8473.T) said on Saturday it has raised its stake in SBI Shinsei Bank (8303.T) to 53.74% from 50.04% through a tender offer as a step toward taking the midsize lender private. SBI Holdings said last month it would launch the tender offer for Shinsei, with plans to pay 2,800 yen per share, for up to 154.2 billion yen in total. That remains far below the 7,450 yen share price the government would need to recoup the value of its loan to Shinsei. According to Shinsei's filing, its special committee suggested the bank was worth at least 3,000 yen per share, and one independent director opposed recommending shareholders tender their shares. It already owns the country's largest online brokerage, an online bank and an asset manager and has been taking shares in smaller lenders to create a nationwide network.

Persons: Shinsei, Satoshi Sugiyama, Jacqueline Wong, William Mallard Organizations: SBI Holdings Inc, SBI Shinsei Bank, SBI Holdings, SBI, Thomson Locations: TOKYO

☆ Japan's SBI Holdings raises stakes in Shinsei Bank after tender offer
▼ + stars: | 2023-06-24 | by ( ) www.reuters.com time to read: +1 min

TOKYO, June 24 (Reuters) - Japanese online financial conglomerate SBI Holdings Inc (8473.T) said on Saturday it now has 53.74% shares of midsize lender SBI Shinsei Bank (8303.T) from 50.04% after a tender offer. The completion of the tender offer through Friday is setting up grounds for expected delisting of Shinsei to give more flexibility in returning 349 billion yen ($2.43 billion) in public funds its predecessor bank received two decades ago in a government bailout. SBI Holdings said last month it would take SBI Shinsei Bank private and launch the tender offer with plans to pay 2,800 yen per Shinsei share for 154.2 billion yen in total. It already owns the country's largest online brokerage, an online bank and an asset manager and has been taking shares in smaller lenders to create a nationwide network. ($1 = 143.6800 yen)Reporting by Satoshi Sugiyama; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

Persons: Satoshi Sugiyama, Jacqueline Wong Organizations: SBI Holdings Inc, SBI Shinsei Bank, SBI Holdings, SBI, Thomson Locations: TOKYO

☆ The Titan tragedy will join the Byford Dolphin accident as one of the most gruesome deep-sea incidents in history
▼ + stars: | 2023-06-24 | by ( Jenny Mcgrath | Chris Panella | ) www.businessinsider.com time to read: +6 min

The Titan tragedy joins the Byford Dolphin accident in history's most gruesome deep-sea incidents. It joins the Byford Dolphin accident of 1983 — another deep-sea chamber compression incident but with a very different set of circumstances that killed five and injured one. The Byford Dolphin incidentOn November 5, 1983, four divers — Edwin Coward, Roy Lucas, Bjørn Bergersen, and Truls Hellevik — returned from a deep-sea commercial mission near the Byford Dolphin oil rig. Graphic showing the layout of the living chambers and the diving bell where the Byford Dolphin accident happened. Unlike the divers near the Byford Dolphin oil rig, the Titan passengers didn't have any excess nitrogen in their blood.

Persons: — Edwin Coward, Roy Lucas, Bjørn Bergersen, Hellevik —, IFLScience, William Crammond, Giertsen, it's, Crammond, Martin Saunders, Stefan Williams, uncrewed submersibles, James Cameron, Cameron, It's, Williams Organizations: Titan, Service, Obscura, Divers Alert, of Forensic Medicine, Science Times, Daily Science, University of Sydney, Good Morning America, ABC News, Eiffel, NBC

☆ SpaceX tender offer values company at about $150 billion - Bloomberg News
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: 1 min

June 23 (Reuters) - Elon Musk’s SpaceX is offering to sell insider shares at a price that would raise the company’s valuation to about $150 billion, Bloomberg News reported on Friday, citing people familiar with the matter. In January, the company was valued at $137 billion after raising $750 million in a funding round, according to a report from CNBC. SpaceX did not immediately respond to a Reuters request for comment. Reporting by Niket Nishant in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

Persons: Niket, Maju Samuel Organizations: Elon, SpaceX, Bloomberg, CNBC, Thomson Locations: Bengaluru

☆ Japan Investment Corp in $7 billion deal talks with chipmaker JSR, Nikkei reports
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +1 min

June 24 (Reuters) - State-backed Japan Investment Corp is in talks to buy the country's top chipmaker, JSR Corp (4185.T), for about 1 trillion yen ($6.96 billion), the Nikkei reported on Saturday. If the deal goes through, JSR would delist from the Tokyo Stock Exchange as soon as 2024, according to Nikkei. To purchase JSR, JIC intends to establish a new company with 500 billion yen in capital, while Mizuho Bank will provide another 400 billion yen in finance. The fund plans to raise 100 billion yen via preferred shares and subordinated loans underwritten by various banks, according to Nikkei. The deal would grant JSR, with its significant 30% share of the global photoresist market, greater freedom for expansion, without being constrained by worries about stock market performance, Nikkei said.

Persons: JIC, Riya Sharma, Arun Koyyur Organizations: Japan Investment Corp, JSR, Nikkei, Tokyo Stock Exchange, Mizuho Bank, Thomson Locations: Bengaluru

☆ ‘The Bear’ Season 2 Puts a Little Optimism on the Menu
▼ + stars: | 2023-06-23 | by ( Tejal Rao | ) www.nytimes.com time to read: +1 min

There were flashbacks, in the first season of “The Bear,” of a toxic chef who trashed cooks on the line, telling them they’d be better off dead. But here the show seems keen to remind us that fine dining can work differently, and that wonderful people are still scattered throughout it. “The Bear” always blurred the lines between family and workplace in ways that felt both tender and menacing, and the most nightmarish kitchen scene takes place not in a professional kitchen, but at a Berzatto family Christmas at home a few years back, when Carmy’s brother Michael was still alive. Jamie Lee Curtis is devastating as their alcoholic mother who can’t get through cooking and serving a beautiful holiday dinner — an elaborate Feast of the Seven Fishes — without wringing guilt and shame from her children. Her inability to host offers a glimpse at what shaped the siblings and warped their relationships to cooking, but it’s also a razor-edged contrast to the cooks’ growing sense of hospitality as instinctual and deeply fulfilling.

Persons: Michael, Jamie Lee Curtis, can’t, it’s

☆ What’s In Our Queue? ‘The Thick of It’ and More
▼ + stars: | 2023-06-21 | by ( Tala Safie | ) www.nytimes.com time to read: 1 min

Reading this book on and off for the past few months, I’ve become intrigued by Paul Klee’s thoughts on color and his tender observations of people and places. Reflective moments about art and life are woven through his diaries, in between stories of drunken nights out.

Persons: I’ve, Paul Klee’s

☆ Review: In London, a ‘Romeo and Juliet’ That Feels Startlingly New
▼ + stars: | 2023-06-16 | by ( Matt Wolf | ) www.nytimes.com time to read: +1 min

“Is love a tender thing?” Romeo asks early in the Shakespeare tragedy to which he and Juliet give their names. Not so much, according to the raw and riveting new production of “Romeo and Juliet” that opened Wednesday at the Almeida Theater here. It’s no surprise that the courtship between the noble Romeo — here played by the sweet-faced Toheeb Jimoh, from TV’s “Ted Lasso” — and the teenage Juliet will end in calamity. Her “Romeo and Juliet,” performed without an intermission, begins with the cast clawing feverishly at a stage wall, onto which are projected crucial lines from the prologue. But as if in haste to get straight to the meat of the play, the wall soon collapses to reveal the citizenry of Verona mid-combat.

Persons: Romeo, Juliet, Juliet ”, It’s, Romeo —, Toheeb Jimoh, Ted Lasso ” —, Rebecca Frecknall, Olivier, —, “, ” Frecknall, Tennessee Williams, ” Organizations: Almeida Locations: British, New York, Verona

His case on Thursday was adjourned to Nov. 30 and the trial is set to hang over the opposition as it tries to regroup and rally disheartened voters ahead of local elections in March. At the same time, calls have grown louder for the opposition's defeated presidential candidate Kemal Kilicdaroglu to resign as chairman of Imamoglu's Republican People's Party (CHP). Tanju Tosun, political science professor at Ege University, said the CHP's internal politics could overshadow its preparations for next year's local elections. "If the internal rifts within the CHP continues until local elections, candidates from the ruling AK Party (AKP) could defeat opposition candidates in many cities," he said. "YSP may field candidates (in Istanbul and Ankara)," Meral Danis Bestas, a senior YSP official, said.

Persons: Imamoglu, Tayyip Erdogan, Istanbul Mayor Ekrem Imamoglu, Erdogan, Kemal Kilicdaroglu, Kilicdaroglu, Tanju Tosun, Kemal Polat, Polat, We've, Ali Kucukgocmen, Huseyin Hayatsever, Daren Butler, Angus MacSwan Organizations: Istanbul Mayor, opposition's, Republican People's Party, Ege University, CHP, AK Party, Council of State, IYI Party, IYI, Left, Thomson Locations: Istanbul, ISTANBUL, Beylikduzu, Balikesir, Denizli, Kurdish, Ankara

☆ Subsidies from Big Tech should be last option for EU telcos - Meta Platforms
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: +2 min

June 15 (Reuters) - Meta Platforms (META.O) said on Thursday subsidies from Big Tech should be the last option for European Union telecoms operators trying to get U.S. companies to foot some of their network cost. The European Commission launched a consultation early this year on whether tech giants should bear some of the costs of Europe's telecoms network. A majority of European Union countries have also rejected the push to levy a network fee on Big Tech, sources told Reuters earlier this month. The European Commission did not immediately respond to a Reuters request for comment. It added any subsidies be awarded by a tender to ensure availability to all network operators, not just the large players.

Persons: Meta, Akash Sriram, Krishna Chandra Organizations: Big Tech, European Union, Deutsche Telekom, Telefonica, European Commission, Meta, Reuters, Thomson Locations: Orange, Bengaluru

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