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Reuters Technology
Jan 20, 2019

Sorrell's S4 Capital seeks more deals in digital-only drive
Martin Sorrell is on the lookout for acquisitions to expand his new advertising venture S4 Capital, aiming to capitalize on the disruption sweeping the industry by pursuing a pure-play digital strategy.

Reuters Technology
Jan 20, 2019

China's Pinduoduo reports theft of online discount vouchers to police
Chinese online group discounter Pinduoduo Inc said on Sunday that an online collective exploited a loophole on its platform to "steal" tens of millions of yuan worth of discount vouchers.

Reuters Technology
Jan 19, 2019

EU tax on big digital companies could be struck by March: French minister
A European Union-wide tax on the world's top digital companies could be reached by the end of March, French Finance Minister Bruno Le Maire said in an interview published on Sunday.

Reuters Technology
Jan 19, 2019

Philippine financial service firm flags data breach affecting 900,000 clients
Cebuana Lhuillier, a Philippine financial service provider, said on Saturday that the data of 900,000 clients had been accessed without authorization and that it had already alerted authorities to investigate the incident.

Reuters Technology
Jan 18, 2019

U.S. regulators discuss fining Facebook for privacy violations: report
U.S. regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the privacy of personal data, the Washington Post reported on Friday, citing three people familiar with the discussions.

Reuters Technology
Jan 18, 2019

Apple ordered to pull part of press release in Qualcomm case
Apple Inc has been ordered by a German court to stop using part of a press release claiming all iPhones would be available in the country through carriers and resellers, a copy of the ruling seen by Reuters showed.

Reuters Technology
Jan 18, 2019

U.S. regulators discuss imposing fine against Facebook: Washington Post
U.S. regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the privacy of personal data, the Washington Post reported on Friday, citing three people familiar with the discussions.

Reuters Technology
Jan 18, 2019

Facebook sheds gains after report on potential major fine
** Shares of Facebook paring gains on Friday after a report that U.S. regulators discussed fining the co for privacy violations

Reuters Technology
Jan 18, 2019

Robots will be your colleagues not your replacement: Manpower
Fears that robots will eliminate your job are unfounded with a growing number of employers planning to increase or maintain headcount as a result of automation, staffing company ManpowerGroup said in a survey published on Friday.

Reuters Technology
Jan 18, 2019

PayPal offers up to $500 credit for U.S. federal employees affected by shutdown
PayPal Holdings Inc said on Friday it will offer $25 million in interest-free credit to its users who work with the U.S. federal government and are impacted by the shutdown.

Reuters Technology
Jan 18, 2019

Netflix shares fall as weak forecast dampens investor optimism
Shares of Netflix Inc fell nearly 5 percent on Friday, as investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter.

Reuters Technology
Jan 18, 2019

Tesla cuts jobs as it looks to make Model 3 more affordable
Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower-priced versions of its crucial Model 3 sedan, sending its shares down as much as 10 percent.

Reuters Technology
Jan 18, 2019

Canada dismisses China's warning of repercussions over Huawei ban
Canada's government on Friday dismissed China's warning of repercussions if Ottawa banned Huawei Technologies Co Ltd [HWT.UL] from supplying equipment to 5G networks, saying it would not compromise on security.

Reuters Technology
Jan 18, 2019

Chinese drone maker DJI uncovers corruption, sees $150 million loss
China's SZ DJI Technology Co Ltd, the world's largest maker of consumer drones, has discovered several cases of serious corruption at the company and expects 2018 losses of more than 1 billion yuan ($150 million) as a result, it said on Friday.

Reuters Technology
Jan 18, 2019

Tesla to cut workforce by 7 percent, sees small fourth-quarter profit
Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower priced versions of its crucial Model 3 sedan, sending its shares down 7 percent.

Reuters Technology
Jan 18, 2019

Netflix shares slip as weak forecast dampens investor optimism
Shares of Netflix Inc fell more than 2 percent on Friday, as several investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter.

Reuters Technology
Jan 18, 2019

Daily bitcoin transactions on darknet markets doubled throughout 2018: report
Use of bitcoin as a form of payment doubled in 2018 on darknet market sites, where users can buy anything from illegal drugs to fake IDs, even though the price of the cryptocurrency crashed, according to a study by data firm Chainalysis.

Reuters Technology
Jan 18, 2019

India's Wipro expects small rise in IT services revenue in quarter
Indian software services provider Wipro Ltd on Friday forecast a small rise in revenue growth from IT services for the quarter to March after beating third quarter profit estimates.

Reuters Technology
Jan 18, 2019

AT&T ads returning to YouTube, two years after pulling back over content
AT&T Inc said Friday it will again buy advertising on Alphabet Inc's YouTube, nearly two years after the U.S. wireless carrier left the video platform when it discovered its ads may have appeared next to inappropriate content.

Reuters Technology
Jan 18, 2019

Austrian data privacy activist files complaint against Apple, Amazon, others
Apple and Amazon are among eight tech firms named in a complaint filed in Austria by non-profit organization noyb, which cited their failure to comply with the European Union's General Data Protection Regulation (GDPR).

Reuters Technology
Jan 18, 2019

India's Wipro third-quarter profit beats estimates
Indian software services provider Wipro Ltd reported a better than expected rise in third-quarter profit on Friday, and forecast slightly higher sequential revenue growth from IT services for the March quarter.

Reuters Technology
Jan 18, 2019

German security is important for 5G network: Interior Ministry
National security is important for the German government in deciding which companies will get access to build its next-generation mobile networks, a spokesman for the Interior Ministry said on Friday.

Reuters Technology
Jan 18, 2019

Tencent weighing bid for holding company behind Korea's Nexon: sources
Chinese gaming titan Tencent Holdings Ltd is considering a bid for the holding company that controls South Korean gaming company Nexon, two sources with knowledge of the matter told Reuters.

Reuters Technology
Jan 18, 2019

Chinese drone maker DJI expects $150 million loss due to corruption: report
The world's largest maker of consumer drones, China's SZ DJI Technology Co Ltd, expects losses of more than 1 billion yuan ($150 million) for 2018 due to internal corruption, the state-run China Securities Journal said on Friday.

Reuters Technology
Jan 18, 2019

Foxconn cuts 50,000 contract jobs in China: Nikkei
Apple Inc's biggest iPhone assembler Foxconn Technology Group has let go around 50,000 contract workers in China since October, months earlier than normal, Nikkei reported on Friday.

Reuters Technology
Jan 18, 2019

India's Wipro third-quarter profit surges 30 percent
Indian software services provider Wipro Ltd reported a 30 percent jump in third-quarter profit on Friday, beating analyst estimates and helped by higher revenue from its IT services.

Reuters Technology
Jan 18, 2019

Salesforce to double presence in Ireland with 1,500 new jobs
Salesforce.Com will more than double its workforce in Ireland by adding 1,500 jobs, marking one of the largest single job announcements in the 70-year history of the state's foreign investment agency.

Reuters Technology
Jan 17, 2019

Netflix forecast misses Wall Street view, shares dip
Netflix Inc reported revenue and a first-quarter forecast slightly below Wall Street estimates on Thursday, sending shares of the world's largest streaming service down 4 percent in after-hours trading.

Reuters Technology
Jan 17, 2019

Strap yourself in: Netflix is about to report
Shares of Netflix up 0.2 pct on Thursday in likely calm before the storm as the streaming video company co prepares to report Q4 results after the bell

Reuters Technology
Jan 17, 2019

Netflix: Down after co misses fourth-quarter revenue estimates
** Netflix's shares down 4.5 pct at $337.46 in extended trading - if losses hold on Friday, stock set for its biggest 1-day fall so far this year

Reuters Technology
Jan 17, 2019

China's envoy to Canada says Huawei 5G ban would have repercussions
China's envoy to Canada on Thursday warned Ottawa there would be repercussions if it banned technology firm Huawei Technologies Co Ltd [HWT.UL] from supplying equipment to Canadian 5G networks, the latest blast in a deepening bilateral dispute.

Reuters Technology
Jan 17, 2019

Slack's product chief to step down
Slack Technologies Inc's chief product officer, April Underwood, is leaving the messaging startup, at a time when the company is exploring a public listing later this year.

Reuters Technology
Jan 17, 2019

Netflix's fourth-quarter revenue misses estimates; shares slip
Netflix Inc posted lower-than-expected quarterly quarter revenue on Thursday, despite a slate of original content the streaming pioneer released in the quarter including hit thriller "Bird Box", sending its shares down 3 percent.

Reuters Technology
Jan 17, 2019

Chinese envoy to Canada warns against any future Huawei 5G ban
China's envoy to Canada on Thursday warned Ottawa of possible repercussions if it banned technology firm Huawei Technologies Co Ltd [HWT.UL] from supplying equipment to Canadian 5G networks, the latest blast in a deepening bilateral dispute.

Reuters Technology
Jan 17, 2019

Fossil to sell smartwatch technology worth $40 million to Google, shares rise
Fossil Group Inc said on Thursday it would sell its intellectual property related to a smartwatch technology currently under development to Alphabet Inc's Google for $40 million, sending the watchmaker's shares up as much as 11 percent.

Reuters Technology
Jan 17, 2019

Ex-Symantec executive Canellos joins Ericom Software as CEO
Ex-Symantec executive David Canellos has joined Ericom Software as chief executive officer, the security software provider said on Thursday, just a month after his departure from Symantec.

Reuters Technology
Jan 17, 2019

Payments company Square launches debit card for small businesses
Payments company Square Inc is launching a free debit card for small businesses aimed at helping them better manage their cash flows, the company said on Thursday.

Reuters Technology
Jan 17, 2019

Germany considers barring Huawei from 5G networks
The German government is debating whether to follow the United States and allies like Australia in restricting China's Huawei Technologies from accessing its next-generation mobile networks on national-security grounds.

Reuters Technology
Jan 17, 2019

Facebook blocks accounts linked to Russian state-owned Sputnik
Facebook Inc said on Thursday it had removed hundreds of Russia-initiated accounts, which it judged to be involved in coordinated inauthentic behavior on its platforms, including some linked to state-owned news agency Sputnik.

Reuters Technology
Jan 17, 2019

In 5G play, Vodafone and IBM link up cloud systems for business
Vodafone is teaming up with IBM to offer businesses a way to link different cloud computing systems to support the next wave of digital advances, such as machine learning, on super-fast fifth-generation telecoms networks.

Reuters Technology
Jan 17, 2019

German government: No decision yet in debate on security of 5G networks
The German government has yet to reach a common stance on whether to follow other countries in excluding Chinese telecoms network equipment firm Huawei Technologies [HWT.UL] from its market on national security grounds, the Interior Ministry said.

Reuters Technology
Jan 17, 2019

Musk tweets Tesla to end customer referral plan because of costs
Tesla Inc's customer referral incentive plan will end on Feb. 1, the electric carmaker's Chief Executive Officer Elon Musk tweeted on Thursday, citing costs.

Reuters Technology
Jan 17, 2019

Venture capital funding of cybersecurity firms hit record high in 2018: report
Venture capital investments in cybersecurity firms hit a record high last year amid a surge in cyber crime over the last few years, according to a report released on Thursday by U.S.-based Strategic Cyber Ventures.

Reuters Technology
Jan 17, 2019

Israeli games developer Playtika buys Austrian card games maker
Israeli mobile games company Playtika said on Thursday it has acquired Austria-based card games firm Supertreat GmbH, just a month after it bought German puzzle developer Wooga GmbH as it seeks to expand further into casual games.

Reuters Technology
Jan 17, 2019

TSMC offers gloomy revenue forecast, slams chipmaker shares
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) cut full-year investment and forecast its sharpest quarterly revenue fall in a decade, joining a string of tech companies warning of a slowdown in global smartphone demand.

Reuters Technology
Jan 17, 2019

Germany's BDI on Huawei: No vendor should be excluded from 5G without evidence
No vendors should be excluded from Germany's fifth-generation mobile networks if there is no evidence against them, the BDI industry association said, responding to calls to bar China's Huawei Technologies on national security grounds.

Reuters Technology
Jan 17, 2019

Facebook removes more pages, accounts with Russia links
Facebook Inc said on Thursday it had removed hundreds of Russia-initiated pages, accounts and groups that it judged to be involved in coordinated inauthentic behavior on its Facebook and Instagram platforms.

Reuters Technology
Jan 17, 2019

China's Tencent releases test version of Game of Thrones smartphone game
Tencent Holdings has released a test version of a third-party developed smartphone game in China based on U.S. hit television show Games of Thrones, bolstering its pipeline that has been hit by government curbs of online gaming.

Reuters Technology
Jan 17, 2019

Exclusive: India's e-commerce curbs could hit online sales by $46 billion by 2022: PwC draft analysis
India's new foreign investment restrictions for its e-commerce sector, which includes giants such as Amazon.com Inc and Walmart-owned Flipkart, could reduce online sales by $46 billion by 2022, according to a draft analysis from global consultants PwC seen by Reuters.

Reuters Technology
Jan 17, 2019

U.S. legislation steps up pressure on Huawei and ZTE, China calls it 'hysteria'
A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd [HWT.UL], ZTE Corp or other Chinese telecommunications companies that violate U.S. sanctions or export control laws.

Reuters Technology
Jan 17, 2019

China calls proposed U.S. legislation against Huawei, ZTE 'hysteria'
China's Foreign Ministry said on Thursday that proposed U.S. legislation targeting Huawei, ZTE and other Chinese telecommunications equipment companies was due to "hysteria", and urged U.S. lawmakers to stop the bills.

Reuters Technology
Jan 17, 2019

Apple, Amazon called out for 'incorrect' Taiwan, Hong Kong references
One of China's top government-linked think tanks has called out Apple Inc, Amazon.com Inc and other foreign companies for not referring to Hong Kong and Taiwan as part of China in a report that provoked a stern reaction from Taipei.

Reuters Technology
Jan 16, 2019

Boeing-Lockheed's Vulcan rocket design 'nearly fully mature'
A joint venture between Boeing Co and Lockheed Martin Corp will conduct the final design review for its new flagship Vulcan rocket within months, it said on Wednesday, as the aerospace company heads for a showdown with Elon Musk's SpaceX and others in the launch services market.

Reuters Technology
Jan 16, 2019

Online student lender CommonBond lays off 18 percent of staff
Online student lender CommonBond has laid off around 18 percent of its staff, a company spokeswoman said, citing a plan to shift investment into new areas.

Reuters Technology
Jan 16, 2019

Germany considering ways to exclude Huawei from 5G auction: report
The German government is actively considering stricter security requirements and other ways to exclude China's Huawei Technologies [HWT.UL] from a buildout of fifth-generation (5G) mobile networks, the Handelsblatt newspaper reported.

Reuters Technology
Jan 16, 2019

Apple plans some hiring reductions after selling fewer iPhones: Bloomberg
Apple Inc will cut back on hiring for some divisions after lower-than-expected iPhone sales and missing its revenue forecast for the holiday quarter, Bloomberg reported on Wednesday, citing sources familiar with the matter.

Reuters Technology
Jan 16, 2019

U.S. investigating Huawei for alleged trade secret theft: WSJ
Federal prosecutors are investigating Huawei Technologies, the world's largest telecommunications equipment maker, for allegedly stealing trade secrets from U.S. businesses and could soon issue an indictment, the Wall Street Journal reported on Wednesday.

Reuters Technology
Jan 16, 2019

IAC sues Tinder co-founder, escalating fight over valuation
Online dating company Match Group Inc and its parent company IAC/InterActiveCorp have filed a lawsuit against Sean Rad, a co-founder of Match Group's popular dating service Tinder, of secretly copying company files and other proprietary information.

Reuters Technology
Jan 16, 2019

Yelp investor SQN says shares could surge to $55-$65
SQN Investors LP said on Wednesday Yelp Inc's shares could surge to between $55 and $65, up to 80 percent above its current price, if the customer review company appoints new board members and considers selling itself.

Reuters Technology
Jan 16, 2019

U.S. lawmakers introduce bipartisan bills targeting China's Huawei and ZTE
A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd [HWT.UL], ZTE Corp or other Chinese telecommunications companies that violate U.S. sanctions or export control laws.

Reuters Technology
Jan 16, 2019

Firefly Aerospace is behind Florida rocket project: sources
Firefly Aerospace Inc, a resurgent rocket company founded by a former SpaceX engineer, plans to build a factory and launch site at Florida's Cape Canaveral Spaceport in a $52 million deal, people familiar with the project said on Wednesday.

Reuters Technology
Jan 16, 2019

IAC sues Tinder co-founder over business documents, escalating court fight
Online dating company Match Group Inc and its owner IAC/InterActiveCorp on Tuesday filed a lawsuit accusing Sean Rad, a former employee known for co-founding the popular dating service Tinder, of stealing company files and other proprietary information.

Reuters Technology
Jan 16, 2019

Yelp's top investor says shares could surge to $55-$65
SQN Investors LP said on Wednesday Yelp Inc's shares could surge anywhere between $55 and $65, about 50-80 percent higher than its current price, if it implements the hedge fund's recommendations to check its "underperformance".

Reuters Technology
Jan 16, 2019

Exclusive: India's e-commerce curbs could hit online sales by $46 billion by 2022 - PwC draft analysis
India's new foreign investment restrictions for its e-commerce sector, which includes giants such as Amazon.com Inc and Walmart-owned Flipkart, could reduce online sales by $46 billion by 2022, according to a draft analysis from global consultants PwC seen by Reuters.

Reuters Technology
Jan 16, 2019

Snap shares hit by second CFO exit in a year
Shares of Snap Inc fell 9 percent in early trading on Wednesday after Tim Stone became the second finance chief to leave the Snapchat operator in a year since a much-criticized redesign.

Reuters Technology
Jan 16, 2019

Infor gets $1.5 billion more in funding ahead of planned IPO
Cloud technology company Infor Inc said on Wednesday it received an investment of $1.5 billion from shareholders Koch Equity Development LLC and private equity firm Golden Gate Capital.

Reuters Technology
Jan 16, 2019

Pokemon Go creator Niantic raises $245 million at $4 billion valuation
Pokemon Go creator Niantic Inc said on Wednesday it had raised $245 million in a new round of financing bringing its valuation to nearly $4 billion.

Reuters Technology
Jan 16, 2019

From client to competitor: China's rise prompts German rethink
As a golden era for its exporters fades, Germany is scrambling to secure its interests in Beijing, but China's transformation from customer to competitor is forcing Europe's largest economy to make changes at home.

Reuters Technology
Jan 16, 2019

On the autofarm: China turns to driverless tractors, combines to overhaul agriculture
A brand new combine harvester buzzes up and down a field in eastern China without a driver on board, chopping golden rice stalks and offering a glimpse of what authorities say is the automated future of the nation's mammoth agricultural sector.

Reuters Technology
Jan 16, 2019

Exclusive: Facebook brings stricter ads rules to countries with big 2019 votes
Facebook Inc told Reuters on Tuesday that it would extend some of its political advertising rules and tools for curbing election interference to India, Nigeria, Ukraine and the European Union before significant votes in the next few months.

Reuters Technology
Jan 15, 2019

Verizon deepens ties with Apple, offers free Apple Music to some U.S. customers
Verizon Communications Inc said on Tuesday it will include free Apple Music subscriptions in some of its top-tier U.S. data plans, deepening its ties with the iPhone maker.

Reuters Technology
Jan 15, 2019

Industry must rein in spend on electric, self-driving cars: Magna CEO
Global automobile and auto parts makers which want to capitalize on electric and autonomous vehicles need to cut back investments and forge more partnerships instead, the chief executive of global parts supplier Magna International said Tuesday.

Reuters Technology
Jan 15, 2019

Snap CFO Tim Stone to resign, shares drop 8 percent
Chief Financial Officer Tim Stone will be leaving Snap Inc less than a year after taking the job, the company said on Tuesday, the latest in a string of executive departures from Snap over the past year.

Reuters Technology
Jan 15, 2019

Snap CFO Tim Stone to resign less than a year into role
Snapchat app-owner Snap Inc said on Tuesday Chief Financial Officer Tim Stone will be leaving the company, less than a year after assuming charge in the latest top-level exit.

Reuters Technology
Jan 15, 2019

U.S. charges hackers, traders with stealing SEC filings
U.S. authorities on Tuesday charged a suspected Ukrainian computer hacker and several traders with scheming to trade on market-moving corporate earnings news stolen from a U.S. Securities and Exchange Commission database.

Reuters Technology
Jan 15, 2019

U.S. charges suspected hacker, traders over SEC database hack
U.S. authorities on Tuesday charged a suspected Ukrainian computer hacker and several traders with involvement in a scheme to trade on market-moving corporate earnings news stolen from a U.S. Securities and Exchange Commission database.

Reuters Technology
Jan 15, 2019

Apple loses bid to undo $440 million judgment in VirnetX patent case
A U.S. appeals court on Tuesday upheld a judgment worth $440 million that was won by intellectual property licensing firm VirnetX Inc against Apple Inc in a patent infringement case.

Reuters Technology
Jan 15, 2019

U.S. charges hacker, traders for infiltrating SEC database
A Ukrainian computer hacker and several others were charged by U.S. authorities on Tuesday over their alleged roles in a scheme to trade on nonpublic corporate earnings news obtained by infiltrating a U.S. Securities and Exchange Commission database.

Reuters Technology
Jan 15, 2019

Walgreens and Microsoft partner to develop digital healthcare services
Drugstore chain Walgreens Boots Alliance Inc and Microsoft Corp said on Tuesday they have entered a seven-year agreement to research and develop new methods of delivering healthcare services through digital devices.

Reuters Technology
Jan 15, 2019

Sunrise, Salt Mobile tee up for Swiss 5G mobile auction
Rivals Sunrise Communications and Salt Mobile plan to vie for spectrum needed to provide fifth-generation (5G) mobile services in a Swiss auction this month that is also likely to include market leader Swisscom.

Reuters Technology
Jan 15, 2019

Belarus allows traders to buy shares with bitcoin
Belarus launched a platform on Tuesday allowing traders to buy shares, gold, foreign exchange and other traditional assets with cryptocurrencies, which it says is the world's first regulated tokenized securities exchange.

Reuters Technology
Jan 15, 2019

Take-Two, NBA extend global partnership
Videogame publisher Take-Two Interactive Software Inc's 2K label, the National Basketball Association (NBA) and the National Basketball Players Association (NBPA) on Tuesday announced a multi-year global partnership extension.

Reuters Technology
Jan 15, 2019

Netflix raises prices for U.S. subscribers
Netflix Inc said on Tuesday it had raised prices for its U.S. subscribers by 13 percent to 18 percent, as the video streaming service spends heavily on original content and expands internationally.

Reuters Technology
Jan 15, 2019

VW, Ford team up on trucks, eye deals on EVs, self-driving cars
Volkswagen AG and Ford Motor Co said on Tuesday they will join forces on commercial vans and pickups and are exploring shared development of electric and self-driving technology, actions meant to save the automakers billions of dollars.

Reuters Technology
Jan 15, 2019

Rubrik valued at $3.3 billion in latest Bain Capital-led funding
Data management startup Rubrik Inc said on Tuesday it raised $261 million in its latest funding round led by Bain Capital Ventures, valuing the company at $3.3 billion.

Reuters Technology
Jan 15, 2019

U.S. authorities charge several people in SEC hacking scheme
U.S. authorities on Tuesday charged several individuals and companies in a scheme to trade on information in nonpublic corporate press releases by hacking into a U.S. Securities and Exchange Commission database.

Reuters Technology
Jan 15, 2019

Volkswagen, Ford set alliance centered on vans, pickups
Volkswagen AG and Ford Motor Co said on Tuesday they will join forces on commercial vans and pickups and also that they were exploring shared development of electric and self-driving technology, actions meant to save the automakers billions of dollars.

Reuters Technology
Jan 15, 2019

TD Ameritrade taps Apple Pay for instant fund transfers to accounts
Brokerage firm TD Ameritrade Holding Corp is tapping Apple Inc to help solve a problem that has lingered for decades: how to get money into a brokerage account and make it available to trade with on the same day.

Reuters Technology
Jan 15, 2019

Four large deals boosted acquisitions of Israeli tech firms in 2018
Acquisitions of Israeli high-tech companies totaled $11.1 billion in 2018, up from $6.3 billion in 2017, boosted by four deals valued at more than $1 billion, a report released on Tuesday showed.

Reuters Technology
Jan 15, 2019

Nokia to shed 350 jobs in Finland as part of cost cuts
Finnish telecom equipment maker Nokia is cutting 350 jobs in Finland as part of its plans to find savings worth 700 million euros ($800 million) by next year.

Reuters Technology
Jan 15, 2019

Take-Two, NBA sign licensing deal of up to $1.1 billion: WSJ
Take-Two Interactive Software Inc will pay the National Basketball Association (NBA) and its players' union up to $1.1 billion over seven years, the WSJ reported on Tuesday, citing a person familiar with the matter.

Reuters Technology
Jan 15, 2019

Huawei founder says firm does not spy for China
Huawei's [HWT.UL] founder Ren Zhengfei on Tuesday rejected claims his company is used by the Chinese government to spy and said he missed his daughter, who is being held by Canadian authorities, the Financial Times newspaper reported.

Reuters Technology
Jan 15, 2019

Facebook to invest $300 million to help local news survive
Facebook Inc will invest $300 million over three years in local news globally as it faces blistering criticism over its role in the erosion of the news business worldwide.

Reuters Technology
Jan 15, 2019

Nokia to slash 350 jobs in Finland as part of cost cuts
Finnish telecom equipment maker Nokia said on Tuesday it was going to cut 350 jobs in Finland as part of ongoing plans to find savings worth 700 million euros ($800 million) by 2020.

Reuters Technology
Jan 15, 2019

Swiss auction for 5G frequencies poised to kick off
Switzerland aims to launch an auction this month for frequencies needed to provide fifth-generation (5G) mobile services, in a contest likely to include established rivals Swisscom, Sunrise and Salt Mobile.

Reuters Technology
Jan 15, 2019

Japan's Otsuka, Israel's Poliakine to collaborate on AI applications
One of the owners of Honda Motor Co is partnering with an Israeli tech pioneer to develop artificial intelligence applications that will enable the future of Industry 4.0.

Reuters Technology
Jan 15, 2019

German court throws out Qualcomm's latest patent case against Apple
A patent lawsuit filed by Qualcomm Inc against Apple Inc was thrown out by a German court on Tuesday, in a reversal for the U.S. chipmaker after it won a recent court ban on the sale of some iPhones in the country.

Reuters Technology
Jan 15, 2019

China's ByteDance launches video chat app, moves in on Tencent's turf
China's ByteDance Technology unveiled a new video messaging app called Duoshan, a move which analysts say will see it muscling into a space dominated by Tencent's WeChat messenger.

Reuters Technology
Jan 14, 2019

Liberty Latin America in bid to acquire Millicom
Liberty Latin America Ltd , a wireless and cable operator in South America and the Caribbean, has approached peer Millicom International Cellular SA with an acquisition offer, Millicom said on Monday.

Reuters Technology
Jan 14, 2019

GM electric vehicle strategy last chance for Cadillac's success: executive
General Motors Co's strategy to make its luxury Cadillac marque its lead electric vehicle brand is the automaker's final opportunity to turn the unit around and make it a success, a top executive said on Monday.

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