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SAO PAULO (Reuters) - Brazil's biggest lender Itau Unibanco Holding SA has lured 10 million consumers to its digital bank iti, tripling its client base since January, a bank executive said in an interview on Wednesday.
Global tech companies plan to oppose new legislation in India that would require Facebook, PayPal and others to store user data in the country, arguing it will hurt investment and the business models of foreign and domestic firms.
The president of a trade group that represents Alphabet Inc’s Google, Microsoft Corp and other tech companies urged faster development of national privacy norms to avoid divergent state rules.