SITUATION REPORT

Italy: Government Blocks Russia-Linked Takeover of Tech Company

Mar 24, 2023 | 19:41 GMT

Italian Prime Minister Giorgia Meloni invoked the country's so-called ''Golden Powers'' tool to block the Dutch cloud services provider Nebius from acquiring a small Italian tech company due to concerns over Nebius' links with Russian internet giant Yandex, Reuters reported March 23....