NEWS: REUTERS TECHNOLOGY
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   NEWS: REUTERS TECHNOLOGY
Reuters Technology
Jul 18, 2019

BMW, Tencent to open computing center in China for self-driving cars
German automaker BMW and Chinese online gaming giant Tencent Holdings are teaming up to launch a computing center in China that will help develop self-driving cars in the world's biggest auto market, the companies said on Friday.

Reuters Technology
Jul 18, 2019

UK's new PM must take 5G decision on Huawei urgently: committee
The new prime minister must take a decision on whether to include China's Huawei in Britain's 5G telecoms network urgently as the ongoing debate is damaging international relations, a powerful committee of UK lawmakers said on Friday.

Reuters Technology
Jul 18, 2019

Microsoft shares hit record highs, powered by growing cloud sales
Microsoft Corp on Thursday beat analysts' estimates for fourth-quarter revenue and profit, driven by continued sales increases from its cloud business and sending its shares to all-time highs.

Reuters Technology
Jul 18, 2019

Microsoft beats estimates, powered by growing cloud profits
Microsoft Corp on Thursday beat analysts' estimates for fourth-quarter revenue and profit, powered by continued sales increases from its cloud business and a boost from businesses upgrading Windows.

Reuters Technology
Jul 18, 2019

Microsoft sales beat expectations as cloud growth slows
Microsoft Corp beat analysts' estimates for fourth-quarter revenue and profit on Thursday, even as sales growth began to slow for its cloud product Azure and Office software.

Reuters Technology
Jul 18, 2019

Trump says looking closely at Amazon's bid on $10 billion Pentagon contract
U.S. President Donald Trump said on Thursday his administration was looking closely at Amazon.com's bid on a $10 billion cloud contract with the Defense Department after getting complaints from other tech companies.

Reuters Technology
Jul 18, 2019

Trump says he's looking closely at Amazon contract with Pentagon
U.S. President Donald Trump said on Thursday his administration was looking closely at Amazon's contract with the U.S. Defense Department after getting complaints from other tech companies.

Reuters Technology
Jul 18, 2019

Transport app FlixMobility gets Germany's biggest tech funding round to drive growth
Transport app FlixMobility has raised around 500 million euros ($561 million) in Germany's biggest tech funding round to date to back investments in its expansion, sources familiar with the matter said on Thursday.

Reuters Technology
Jul 18, 2019

Libra launch won't happen until regulators are happy: Coeure
Global regulators will not let Facebook launch its Libra currency until all their concerns, ranging from money laundering to financial stability, have been addressed and "a prolonged discussion" may be needed first, the man in charge of their response told Reuters.

Reuters Technology
Jul 18, 2019

G7 urges tough Libra regulation, agrees to tax digital giants
Digital currencies such as Facebook's planned Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the world's financial system, Group of Seven finance ministers and central bankers said on Thursday.

Reuters Technology
Jul 18, 2019

Russia fines Google for failing to filter search results
Russia's communications watchdog fined Google 700,000 roubles ($11,100) on Thursday for failing to fulfil legal requirements to remove entries from its search results that Moscow believes contain illegal information.

Reuters Technology
Jul 18, 2019

Indonesia aims to start electric vehicle production in 2022
Indonesia is aiming to start producing electric vehicles (EVs) in 2022, a senior official at the Industry Ministry told Reuters on Thursday, after a number of companies disclosed plans to invest in the country.

Reuters Technology
Jul 18, 2019

EU clears Vodafone's $22 billion Liberty deal
Brussels gave its blessing to Vodafone's $22 billion purchase of Liberty Global's cable networks in Germany and central Europe, clearing the way for the British company to become Europe's largest mobile, broadband and TV provider.

Reuters Technology
Jul 18, 2019

TSMC expects 5G to drive earnings, flags South Korea-Japan spat as risk
Taiwan's TSMC forecast that robust demand for 5G chips will drive a stronger second-half even as it anticipates a dispute between Japan and South Korea involving chip-making materials to be a big source of uncertainty.

Reuters Technology
Jul 18, 2019

G7 urges strict Libra regime, eyes minimum tax
Digital currencies like Facebook's Libra must be held "to the highest regulatory standards" to ensure they are not used to launder money and that users are protected, a Group of Seven taskforce urged on Thursday.

Reuters Technology
Jul 18, 2019

Stablecoins like Libra must be held to highest standards: G7
Stablecoins like Facebook's Libra can foster financial inclusion but they must be held "to the highest regulatory standards" to ensure that they aren't used to launder money and that users are protected, a Group of Seven taskforce on the issue concluded.

Reuters Technology
Jul 18, 2019

G7 finance chiefs agree to tackle digital tax challenges: summary
G7 finance ministers agreed to address the tax challenges raised by the digital economy and push ahead with plans for a minimum corporate tax level, a draft of the chair's summary seen by Reuters said on Thursday.

Reuters Technology
Jul 18, 2019

EBay beats second-quarter revenue estimates
(This July 17 story corrects paragraph 2 to say second-quarter revenue was up, not down)

Reuters Technology
Jul 18, 2019

Vodafone wins EU approval for Liberty Global deal
Vodafone secured on Thursday antitrust approval from the European Union for its $22 billion bid to buy Liberty Global's cable networks in Germany and central Europe after offering concessions in May.

Reuters Technology
Jul 18, 2019

Exclusive: Ping An-backed Lufax to ditch P2P lending on regulatory woes - sources
Lufax, one of China's largest online wealth management platforms that is backed by financial giant Ping An Insurance , plans to exit its once-core peer-to-peer lending (P2P) business, three sources with direct knowledge of the matter told Reuters.

Reuters Technology
Jul 18, 2019

Japan-South Korea gloom spurs worries of 'never seen before' chip price spike
Memory chip spot prices have risen for the first time this year, indicating grim warnings of "never seen before" spikes and a supply disruption could come to pass as a dispute between South Korea and Japan drags on.

Reuters Technology
Jul 18, 2019

China's Didi plans to relaunch Hitch service with new safety features
Chinese ride-hailing giant Didi Chuxing said on Thursday it was proposing to relaunch its Hitch carpooling service with added safety features, almost a year after suspending the service following the murder of a female passenger by her Didi driver.

Reuters Technology
Jul 18, 2019

SAP says big margin gains to wait until 2020, shares down 10%
SAP told investors not to expect a major improvement in margins before next year as the German business software group reported a 21% decline in second-quarter operating profit on Thursday, sending its shares sharply lower.

Reuters Technology
Jul 18, 2019

Truckmaker Volvo lifts market view, picks Samsung for batteries
Sweden's AB Volvo raised its market forecasts for North America and Europe on Thursday, as higher trucks and construction equipment deliveries helped it to top profit estimates.

Reuters Technology
Jul 18, 2019

TSMC expects 5G earnings boost, flags South Korea-Japan spat as risk
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) on Thursday said it expects a stronger half-year on 5G telecoms demand, and that a dispute over chip-making materials between Japan and South Korea is its most uncertain factor.

Reuters Technology
Jul 18, 2019

Exclusive: Ping An-backed Lufax to ditch P2P lending amid regulatory woes - sources
Lufax, one of China's largest online wealth management platforms that is backed by financial giant Ping An Insurance , plans to exit its once-core peer-to-peer lending (P2P) business, three sources with direct knowledge of the matter told Reuters.

Reuters Technology
Jul 18, 2019

SAP says big margin gains to wait until 2020, shares down
SAP told investors not to expect a major improvement in margins before next year as the German business software group reported a 21% decline in second-quarter operating profit on Thursday, weighed down by one-off costs.

Reuters Technology
Jul 18, 2019

ECB's Villeroy: regulators will not sacrifice security in drive for innovation
The world's financial regulators will not sacrifice customers' security for the sake of innovation, Bank of France head and European Central Bank policymaker Francois Villeroy de Galhau said on Thursday.

Reuters Technology
Jul 18, 2019

Volvo hikes FY growth outlook; picks Samsung for batteries
AB Volvo on Thursday hiked its growth outlook for North America and Europe, as upbeat deliveries for trucks and construction equipment as well as continued easing of supply-chain bottlenecks helped the Swedish truckmaker top estimates.

Reuters Technology
Jul 18, 2019

TSMC's second-quarter profit edges down, largely in line with estimates
Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker, posted second-quarter profit largely in line with estimates on Thursday, amid sluggish demand from phone makers impacted by a Sino-U.S. trade spat.

Reuters Technology
Jul 18, 2019

Netflix to roll out cheaper mobile-only plan for India
Netflix Inc said on Wednesday it would roll out a lower-priced mobile-only plan in India within the next three months to tap into a price-sensitive market at a time the streaming company is losing customers in its home turf.

Reuters Technology
Jul 18, 2019

TSMC second-quarter net profit falls 7.6%
Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker, posted on Thursday a 7.6% fall in second-quarter net profit.

Reuters Technology
Jul 18, 2019

Truckmaker Volvo beats expectations, picks Samsung for batteries
Sweden's AB Volvo inched up its market growth outlook for North America and Europe, as strong deliveries for its trucks and construction equipment as well as continued easing of supply chain bottlenecks helped it beat quarterly profit expectations.

Reuters Technology
Jul 18, 2019

SAP says big margin gains to wait till 2020
SAP told investors they can expect a major improvement in margins only next year as the German business software group reported a 21% decline in second-quarter operating profit on Thursday, weighed down by one-off costs.

Reuters Technology
Jul 18, 2019

Police need intercept tools as mobile networks develop: Europol
European law enforcement agencies set to lose the ability to tap criminals' mobile devices with the launch of 5G technology must be brought into discussions earlier when communications networks are modernized, the new head of Europol told Reuters.

Reuters Technology
Jul 18, 2019

Wirecard deal with AUTO1 first fruit of SoftBank alliance
German payments company Wirecard AG said on Thursday it was teaming up with car-dealing platform AUTO1 Group to offer digital financial services to consumers, in its first alliance with a company backed by Japan's SoftBank Group.

Reuters Technology
Jul 18, 2019

Online bank N26 extends latest funding round in expansion push
Berlin-based N26 said on Thursday it raised an additional $170 million in its latest funding round, driving up its valuation to $3.5 billion, as the online bank looks to speed up expansion to markets outside Europe including the U.S.

Reuters Technology
Jul 17, 2019

SoftBank's Son says Japan lacks investment opportunities, is AI 'developing country'
SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment opportunities in Japan, which he said is lagging in the race to develop artificial intelligence (AI).

Reuters Technology
Jul 17, 2019

Japan to lead development of SWIFT network for cryptocurrency: source
Japan's government is leading a global push to set up an international network for cryptocurrency payments, similar to the SWIFT network used by banks, in an effort to fight money laundering, a person familiar with the plan said on Thursday.

Reuters Technology
Jul 17, 2019

U.S. Senator Schumer asks FBI, FTC to probe Russia's FaceApp over security concerns
U.S. Senate minority leader Chuck Schumer called on the FBI and the Federal Trade Commission to conduct a national security and privacy investigation into Russia-based FaceApp, whose mobile software application alters users' photos, in a letter http://bit.ly/2xVC9sw sent on Wednesday.

Reuters Technology
Jul 17, 2019

Japan urges G7 to think beyond existing rules in dealing with Libra
Japanese Finance Minister Taro Aso on Wednesday urged his G7 counterparts to make a comprehensive assessment of Facebook Inc's Libra digital currency for any fresh challenges that could be overlooked by existing regulations.

Reuters Technology
Jul 17, 2019

MercadoLibre preps to offer investment platform for e-wallet users
MercadoLibre Inc, Latin America's top e-commerce platform, is taking its latest step into the world of banking, saying on Wednesday that it would start allowing Mexican users of its e-wallet to earn interest on money saved in its app by year-end.

Reuters Technology
Jul 17, 2019

Cloud growth fuels IBM profit beat
International Business Machines Corp beat analysts' estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud business.

Reuters Technology
Jul 17, 2019

Netflix shares plunge as global growth falls short, U.S. customers shrink
Netflix Inc said on Wednesday it lost U.S. streaming customers for the first time in eight years and missed targets for new subscribers overseas, an announcement that jarred investors ahead of looming competition.

Reuters Technology
Jul 17, 2019

G7 finance leaders voice skepticism over Libra: Japan finance minister
Japan's Finance Minister Taro Aso said on Wednesday that various voices of skepticism over Facebook Inc's Libra digital currency surfaced at a gathering of Group of Seven (G7) finance leaders.

Reuters Technology
Jul 17, 2019

Netflix to roll out cheaper mobile-only plan in India
Netflix Inc said on Wednesday it would roll out a lower-priced mobile-only plan in India, tapping into a price-sensitive market where data consumption on smartphones is surging.

Reuters Technology
Jul 17, 2019

Cloud growth fuels IBM profit beat, shares rise
International Business Machines Corp beat analysts' estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud computing business, sending its shares up as much as 4% in extended trading.

Reuters Technology
Jul 17, 2019

Netflix shares tumble as it misses global subscriber forecasts
Netflix Inc added fewer quarterly subscribers than Wall Street expected and its U.S. customer base shrank as its programming failed to draw new viewers, jarring investors ahead of looming competition.

Reuters Technology
Jul 17, 2019

Global drone market estimated to reach $14 billion over next decade: study
The worldwide non-military drone market, dominated by manufacturers in China, will triple in size to $14.3 billion in sales over the next decade, a study said on Wednesday, even as U.S. officials warn of national security risks.

Reuters Technology
Jul 17, 2019

EBay beats estimates as more shoppers flock to site, shares rise
EBay Inc beat Wall Street estimates for quarterly revenue and profit on Wednesday, as a multi-year effort to make its platforms easier to use attracted more customers, sending its shares up 5%.

Reuters Technology
Jul 17, 2019

IBM revenue falls as weak legacy businesses offset cloud growth
International Business Machines Corp posted a 4.2% fall in quarterly revenue, in line with analysts' estimates, as weakness in its legacy businesses of selling hardware and software offset growth in its high-margin cloud computing unit.

Reuters Technology
Jul 17, 2019

Netflix adds fewer-than-expected subscribers in second quarter; shares tumble
Netflix Inc added fewer paid subscribers than expected in the second quarter as the video streaming pioneer raised prices in some of its major markets, including the United States, sending its shares down nearly 10% in extended trading.

Reuters Technology
Jul 17, 2019

Qualcomm set to face second EU antitrust fine shortly: sources
Qualcomm , the world's no.1 chipmaker, could be hit with a second EU antitrust fine as soon as Thursday for blocking a rival from the market more than a decade ago, people familiar with the matter said.

Reuters Technology
Jul 17, 2019

Italy to drop emergency legislation on 5G golden powers
Italy has bowed to pressure from Chinese telecoms equipment makers Huawei Technologies and ZTE and will drop emergency legislation strengthening state powers to intervene in the development of 5G services, lawmakers said on Wednesday.

Reuters Technology
Jul 17, 2019

Smaller cryptocurrencies feel pain as criticism of Facebook's Libra grows
Bitcoin hasn't been the only casualty of the backlash by the world's major economic powers against Facebook's plans for a cryptocurrency, with smaller digital coins also feeling the burn.

Reuters Technology
Jul 17, 2019

Explainer: What is the EU's antitrust investigation into Amazon about?
The European Commission has opened a formal antitrust investigation to assess whether Amazon's use of sensitive data from independent retailers who sell on its marketplace is in breach of EU competition rules.

Reuters Technology
Jul 17, 2019

Consensus among G7 ministers to tackle Facebook's Libra: French chair
G7 ministers meeting in France on Wednesday agreed on the need to confront the emergence of digital currencies following Facebook's plans to launch its Libra digital coin, a French G7 presidency source said on Wednesday.

Reuters Technology
Jul 17, 2019

Italy's government to drop emergency legislation on 5G golden powers: lawmakers
The Italian government has dropped plans to pass an emergency decree strengthening its powers on deals regarding the rolling out of fifth-generation (5G) telecom services, lawmakers said on Wednesday.

Reuters Technology
Jul 17, 2019

U.S. lawmakers challenge Facebook over Libra cryptocurrency plan
U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted.

Reuters Technology
Jul 17, 2019

Starting with Netflix, FANG reports to test Wall St rally's mettle
(This version of July 16th story has been refiled to fix typographical error in first paragraph)

Reuters Technology
Jul 17, 2019

Facebook faces more scrutiny from Congress over Libra cryptocurrency plan
Facebook Inc faces more questioning by U.S. lawmakers on Wednesday over its planned cryptocurrency, after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted.

Reuters Technology
Jul 17, 2019

IMF says regulators must address possible risks from Facebook's Libra
Facebook Inc's planned cryptocurrency Libra could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential "backdoor dollarization," the IMF's chief economist said on Wednesday.

Reuters Technology
Jul 17, 2019

G7 finance chiefs pour cold water on Facebook's digital coin plans
Group of Seven finance chiefs cast a cloud over prospects for Facebook's Libra digital coin on Wednesday, insisting tough regulatory problems would have to be worked out first.

Reuters Technology
Jul 17, 2019

Poland proposes tightening 5G security standards
Poland has proposed tightening its cyber security standards and could ban certain products or suppliers from key parts of a future 5G network, the country's digital ministry said in a document published on Wednesday.

Reuters Technology
Jul 17, 2019

Huawei says Italy's new 5G powers discriminate against it
Chinese telecoms equipment group Huawei Technologies criticised the Italian government's newly beefed-up powers to intervene in the development of fifth-generation (5G) telecom services, saying they discriminated against the company.

Reuters Technology
Jul 17, 2019

German finance minister: Libra cryptocurrency must wait for regulatory clarity
Facebook cannot go ahead with its plans to launch its digital coin Libra until all regulatory issues are dealt with, German Finance Minister Olaf Scholz said on Wednesday as he met with counterparts from G7 countries.

Reuters Technology
Jul 17, 2019

Amazon under EU antitrust fire over use of merchant data
Amazon became the target of an antitrust investigation by the European Union on Wednesday over its use of merchants' data, underlining the increasing regulatory scrutiny about how tech companies exploit customers' information.

Reuters Technology
Jul 17, 2019

Spotify launches an in-app Disney Hub to lure more fans
Spotify Technology SA said on Wednesday it will devote a prominent spot in its music streaming app to Walt Disney Co's extensive music library with songs like "Let It Go" and "A Whole New World."

Reuters Technology
Jul 17, 2019

ZTE says Italy's new powers to intervene in 5G will delay deployment
Chinese telecom equipment firm ZTE Corp warned on Wednesday that the Italian government's newly strengthened power to intervene in the development of fifth-generation telecoms networks may further delay 5G mobile services in the country.

Reuters Technology
Jul 17, 2019

Facebook to face more scrutiny from Congress on Libra
Facebook Inc will face more questioning on Wednesday by U.S. lawmakers over its planned cryptocurrency after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted.

Reuters Technology
Jul 17, 2019

France says Facebook's Libra not yet viable as G7 minister meet
France said on Wednesday the conditions were not ripe for Facebook to go ahead with plans for its Libra digital coin, as G7 finance ministers gathered north of Paris on Wednesday for a meeting focused on reining in the powers of big tech giants.

Reuters Technology
Jul 17, 2019

'Wizard' cybersecurity expert charged with record hack of Bulgarian tax agency
A 20-year-old Bulgarian cybersecurity worker has been arrested on suspicion of involvement in a hacking attack that stole millions of taxpayers' personal and financial data, officials said on Wednesday.

Reuters Technology
Jul 17, 2019

Amazon appeases German watchdog, but EU opens new probe
Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, acting to appease regulators as the European Union announced its own investigation of the e-commerce giant.

Reuters Technology
Jul 17, 2019

Amazon in EU antitrust spotlight over use of merchant data
Amazon on Wednesday became the target of an antitrust investigation by the European Union over its use of merchants' data, underlining the increasing regulatory scrutiny over how tech companies exploit customers' information.

Reuters Technology
Jul 17, 2019

Conditions not in place for Facebook's Libra to go ahead: France
Facebook's Libra digital coin project cannot go ahead in the form it has been presented so far, French Finance Minister Bruno Le Maire said on Wednesday.

Reuters Technology
Jul 17, 2019

Amazon says it will cooperate with EU antitrust regulator probe
U.S. online retailer Amazon said on Wednesday that it would cooperate fully with EU antitrust regulators investigating its use of merchants' data.

Reuters Technology
Jul 17, 2019

EU antitrust regulators to investigate Amazon over merchant data
EU antitrust regulators will investigate Amazon, the world's largest online retailer, to see if its use of other merchants' data breaches EU antitrust rules, the European Commission said on Wednesday.

Reuters Technology
Jul 17, 2019

Bills targeting China's Huawei introduced in Congress
Members of the U.S. Senate and House of Representatives introduced bills on Tuesday to keep tight restrictions on Huawei Technologies Co Ltd, amid concern about President Donald Trump's easing of curbs on the Chinese firm.

Reuters Technology
Jul 17, 2019

Ericsson warns on negative margin impact, shares fall 7%
Telecoms equipment maker Ericsson posted quarterly earnings in line with forecasts but said it expected costs related to winning new contracts for its network business to hit profit margins in the second half of the year.

Reuters Technology
Jul 17, 2019

Amazon faces EU antitrust probe over use of merchant data: source
Amazon, the world's largest online retailer, could face an EU antitrust investigation within days over its use of merchants' data, a person familiar with the matter said on Wednesday.

Reuters Technology
Jul 17, 2019

Bulgarian cybersecurity worker detained over tax agency hack attack
A 20-year-old Bulgarian cybersecurity worker has been arrested on suspicion of involvement in a hacking attack that stole millions of taxpayers' personal and financial data, interior ministry officials said on Wednesday.

Reuters Technology
Jul 17, 2019

Ericsson says on track for 2020 targets as second-quarter profit matches forecasts
Mobile network gear maker Ericsson posted a second-quarter profit in line with expectations on Wednesday and said it was on track to meet its financial goals due to strong sales of 5G equipment.

Reuters Technology
Jul 17, 2019

Toyota, China's CATL in partnership for new energy vehicle batteries
Toyota Motor Corp has agreed to partner with China's Contemporary Amperex Technology Co Ltd (CATL) to supply and develop batteries for new energy vehicles.

Reuters Technology
Jul 17, 2019

Renault forms Chinese electric vehicles venture with Jiangling Motors
Renault has formed a joint venture partnership with Jiangling Motors Corporation Group (JMCG) to target the Chinese electric vehicles (EV) market, in a deal which will also see Renault take a 50% stake in the new venture.

Reuters Technology
Jul 17, 2019

Making sense of chaos? Algos scour social media for clues to crypto moves
After months of relative calm in cryptocurrency markets, bitcoin exploded back into life in April with its sharpest price jump in over a year - but few people could convincingly explain why.

Reuters Technology
Jul 17, 2019

Renault forms China electric vehicle venture with JMCG
France's Renault SA said on Wednesday it will invest $145 million in a unit of China's Jiangling Motors Corporation Group (JMCG) that will allow it to expand its electric vehicle manufacturing footprint in the world's largest auto market.

Reuters Technology
Jul 17, 2019

G7 finance ministers look to rein in tech giants at French meeting
G7 finance ministers will have the growing powers of big digital firms in their sights when they meet on Wednesday outside Paris despite divisions about how best to tax them.

Reuters Technology
Jul 17, 2019

Dialog Semiconductor raises second-quarter profit outlook
Anglo-German chip designer Dialog Semiconductor on Wednesday raised its second-quarter earnings outlook, citing strong revenue and gains from a transfer of assets to iPhone maker Apple.

Reuters Technology
Jul 17, 2019

Bulgaria detains suspect in cyber attack on its tax agency
Bulgarian police have detained a suspect in a hacking attack on the Balkan country's National Revenue Agency that led to the leak of personal and financial data of millions of people, an interior ministry spokeswoman said on Wednesday.

Reuters Technology
Jul 17, 2019

Ericsson second-quarter operating profit matches expectations
Mobile telecom equipment maker Ericsson reported on Wednesday a rise in line with expectations in second-quarter operating earnings helped by strong sales growth in North America.

Reuters Technology
Jul 17, 2019

France says G7 focused on containing risks of Facebook's Libra
Group of Seven finance ministers meeting in France this week will make it one of their priorities to contain the risks posed by new currencies such as Facebook's Libra, the meeting's host, Finance Minister Bruno Le Maire, said.

Reuters Technology
Jul 17, 2019

How lithium-rich Chile botched a plan to attract battery makers
In March 2018, the Chilean government unveiled big news: Corporate investors, including South Korean electronics giant Samsung, would build three factories in Chile to produce battery parts for electric vehicles.

Reuters Technology
Jul 16, 2019

Amazon in deal with German watchdog to overhaul marketplace terms
Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, who had complained of unfair treatment when selling through the world's biggest online retailer.

Reuters Technology
Jul 16, 2019

Visa invests in Indonesian ride-hailing firm Go-Jek
Visa Inc said on Wednesday it has invested in Indonesia's Go-Jek as part of the ride-hailing company's ongoing Series F fundraising round.

Reuters Technology
Jul 16, 2019

Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range
DouYu International Holdings Ltd , China's largest live-streaming platform, on Tuesday said it sold $775 million in stock at a $3.73 billion valuation after pricing its U.S. initial public offering (IPO) at the bottom of an indicative range.

Reuters Technology
Jul 16, 2019

Australian watchdog says Uber Eats will amend 'unfair' contract terms
Australia's competition watchdog said Uber Technologies Inc's food delivery service Uber Eats will amend its contract terms to accept more accountability for delivery issues, easing the burden on restaurants.

Reuters Technology
Jul 16, 2019

U.S. lawmakers take jabs at Amazon, Big Tech in antitrust hearing
Lawmakers on the House Judiciary Committee's antitrust panel pressed an executive from Amazon.com Inc on Tuesday about allegations that it competed against its own sellers and pushed them to buy advertising and fulfillment services.

Reuters Technology
Jul 16, 2019

Trump calls for inquiry into Google's work with China
U.S. President Donald Trump said on Tuesday his administration would investigate whether Alphabet Inc's Google supports the Chinese government, following accusations that a company official refuted hours later at a Senate hearing.

Reuters Technology
Jul 16, 2019

Uber launches in Hamburg, now live in six German cities
Uber said on Wednesday it was launching ride-hailing services in Germany's second city, Hamburg, as it seeks to achieve scale in a country where it has met resistance from local taxi firms, city governments and the courts.

Reuters Technology
Jul 16, 2019

U.S. Justice Department asks appeals court to pause antitrust ruling against Qualcomm
The U.S. Justice Department asked a federal appeals court to pause the enforcement of a sweeping antitrust ruling against mobile chip supplier Qualcomm Inc on Tuesday, citing support from the Energy Department and Defense Department.

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