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Today UK Times

Tech

Technology markets, digital infrastructure and innovation.

Digital book subscriptions and proposed conditions

Wire item • 2 October 2026

Russia proposes IT tax treatment for digital book subscriptions

Russia proposes extending IT tax treatment to digital book subscriptions; adoption and consumer effects remain unconfirmed.

Smartphone with its screen switched off beside a small hourglass on a wooden study desk
Wire item•Tech•

Snapchat Open to Teen Time Limits, Snap Boss Tells BBC

Snap chief executive Evan Spiegel told the BBC the company would be willing to implement time limits for teenage Snapchat users, following pressure from Meta after its multi-billion dollar settlement with US states. The interview also covered new features for Snap's upcoming Specs smart glasses.

Game controller and development workstation with a blank large monitor in a studio
Company notice•Tech•

Notice: Electronic Arts Completes $55 Billion Take-Private in Largest Leveraged Buyout in History

Electronic Arts was taken private on 5 August 2026 in a $55 billion deal led by Saudi Arabia's Public Investment Fund with Affinity Partners, the investment firm of Jared Kushner. The transaction is believed to be the largest leveraged buyout ever, with PIF contributing $36 billion and borrowing $20 billion from JPMorgan. CEO Andrew Wilson retains his position.

Unbranded insulated food-delivery bags beside takeaway containers on a restaurant dispatch counter
Company notice•Tech•

Notice: Just Eat Takeaway.com Bought by South Africa's Prosus in €4.1 Billion All-Cash Deal

Just Eat Takeaway.com's board unanimously approved a €4.1 billion all-cash takeover by Prosus, the South African internet investor owned by Naspers, on 24 February 2025. The deal values shares at €20.30, a 22% premium to the three-month high but less than a fifth of the 2020 peak above €100. Prosus CEO Fabricio Bloisi said the purchase offers an 'opportunity to create a European tech champion'.

Server racks and neatly organized network cabling in a modern data centre
Wire item•Tech•

Russia's Internet Economy Hit 17.1 Trillion Rubles in 2023, Up 40% Year on Year

Russia's internet economy grew to 17.1 trillion rubles in 2023, more than 3.5 times its 2019 level, driven by digital services, IT investment and online advertising. RAEC forecasts another 40% expansion to 23.8 trillion rubles in 2024, while cybersecurity workforce shortages and hardware import dependence remain key challenges.

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