Russia Mounts Pressure on U.S. Tech Giants

Russia once again fines a U.S. tech company as a Moscow court on Monday said it had ordered Google to pay 4 million roubles ($52,526) for not removing content banned in Russia.

Russia has stepped up efforts to increase pressure on U.S. tech giants like Alphabet and Meta, handing revenue based penalties. Russia claims the Google and Meta Platforms have been failing to remove content Moscow deems illegal.

Google was fined because of providing access to banned websites.

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UK to Increase Submarine Technology Exports to Taiwan

The UK has approved a significant increase to Taiwan for exports of submarine parts and technology last year, as the island upgrades its naval forces. The value of licenses granted by the British government to companies for the export of submarine-related components and technology to Taiwan totaled a record £167 million ($201.29 million) during the first nine months of last year, more than the previous six years combined. 

Scholz Visits Vietnam as Germany Tries to Shift Investments Away from China

German Chancellor Scholz made a visit to Hanoi on Sunday to discuss trade and energy ties with Vietnamese Prime Minister Chinh. The visit marks the first by a German leader in over a decade. Scholz’s visit came just before his trip to Indonesia for the G20 leaders summit. It underlines Vietnam’s global role as a supply chain hub as many German companies consider diversifying their manufacturing operations beyond China. 

Tesla Discusses Nickel Investment Opportunities with Indonesia

Indonesian President Widodo met Tesla Chief Executive Musk on Saturday in Texas to discuss potential investments and technology. The meeting came after a round of discussions on a potential investment in Indonesia’s nickel industry and supply of electric vehicle (EV) batteries. 

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