Funds

Funds

EU Weighs Proposal to Charge Data-Heavy Streamers for Telecom Upgrades

(Bloomberg) -- The European Union is weighing a proposal to make technology companies that use the most bandwidth, like Netflix Inc. and Alphabet Inc., to help pay for the next generation of internet infrastructure, according to a draft document seen by Bloomberg.The suggestions are part of a “fair-share” vision from the EU’s executive arm that could require large tech businesses, which provide streaming videos and other data-heavy services, to help pay for the traffic they generate. The draft document, which is part of a consultation with the industry, suggested firms...
Funds

Venezuela Opposition Starts Talks for Funds With Spain Meeting

(Bloomberg) -- Venezuelan opposition representatives met with Spanish Foreign Minister Jose Manuel Albares at the start of a tour through Europe, as they seek to unlock frozen funds to finance a humanitarian deal with the government. “We’ve exchanged views on Venezuela’s dialog process,” Albares said in a tweet, following Sunday morning’s meeting in Madrid. “Spain supports these talks.”The Venezuelan government has accused the opposition of not complying with a humanitarian agreement signed in November and has said it won’t move on with political discussions until that agreement is implemented. Among the...
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