Fujifilm says COVID-19 drug research may drag on into July
FILE PHOTO: Tablets of Avigan (generic name : Favipiravir), a drug approved as an anti-influenza drug in Japan and developed…
Facebook’s Zuckerberg promises a review of content policies after backlash
FILE PHOTO: Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing on Capitol Hill in…
Spotify new home for Joe Rogan’s podcast, shares jump
FILE PHOTO: A trader is reflected in a computer screen displaying the Spotify brand before the company begins selling as…
Uber sees rides recovering from coronavirus lows, banks on food-delivery momentum
(Reuters) – Uber Technologies Inc’s (UBER.N) ride service bookings slowly recovered in recent weeks as the company expects a coronavirus-related…
EA sees full-year revenue above estimates as home-sheltering boosts gaming
(Reuters) – Video game publisher Electronic Arts Inc forecast full-year adjusted revenue above Wall Street estimates on Tuesday, riding on…
Tesla’s Elon Musk calling coronavirus lockdowns ‘fascist’ overshadows profitable quarter
(Reuters) – Tesla Inc’s (TSLA.O) outspoken CEO Elon Musk on Wednesday called sweeping U.S. stay-at-home restrictions to curtail the coronavirus…
Facebook to buy 10% stake in telco unit of India’s Reliance Industries for $5.7 billion
BENGALURU (Reuters) – Facebook (FB.O) will buy a 10% stake in the digital business of India’s Reliance Industries (RELI.NS) for…
Exclusive: Amazon deploys thermal cameras at warehouses to scan for fevers faster
(Reuters) – Amazon.com Inc has started to use thermal cameras at its warehouses to speed up screening for feverish workers…
No end in sight yet for Amazon shutdown in France
PARIS (Reuters) – Amazon (AMZN.O) has no clarity yet on when its warehouses in France might reopen, the head of…
Tesla plans to supply FDA-approved ventilators free of cost: Musk
FILE PHOTO: Tesla Inc CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China…
U.S. Supreme Court rejects Apple appeal in patent fight with VirnetX
FILE PHOTO: The Apple logo is shown atop an Apple store at a shopping mall in La Jolla, California, U.S.,…
U.S. Supreme Court rejects Apple appeal in patent fight with VirnetX
FILE PHOTO: The Apple logo is shown atop an Apple store at a shopping mall in La Jolla, California, U.S.,…
Mastercard to add 1,500 technology jobs in Ireland
DUBLIN (Reuters) – Mastercard Inc plans to hire 1,500 more staff in Dublin over the next three to five years,…
EU industry chief tells Facebook to adapt to EU, not other way round
BRUSSELS (Reuters) – EU industry commissioner Thierry Breton said on Monday it was for Facebook to adapt to Europe’s standards,…
Apple unlikely to meet revenue guidance due to coronavirus impact
(Reuters) – Apple Inc (AAPL.O) said on Monday it would not meet its revenue guidance for the March quarter because…
Apple to close all China mainland stores due to virus outbreak
FILE PHOTO: People wearing protective masks are seen in an Apple Store, as China is hit by an outbreak of…
IBM forecasts full-year profit above estimates on cloud growth
(Reuters) – International Business Machines Corp (IBM.N) forecast full-year profit above market expectations on Tuesday after reporting surprise growth in…
Boeing addresses new 737 MAX software issue that could keep plane grounded longer
FILE PHOTO: Boeing 737 Max fuselages are seen parked outside the company’s production facility in Renton, Washington, U.S. January 10,…
Egypt competition watchdog approves Uber acquisition of Careem with conditions
CAIRO (Reuters) – Egyptian regulators have approved Uber’s $3.1 billion acquisition of regional rival Careem after agreeing to a set…
Telenor says Huawei will still play role in 5G rollout
BRUSSELS (Reuters) – Telenor (TEL.OL) will use equipment from Huawei in building Norway’s 5G network, the telecoms operator said on…
U.S.-China trade deal cuts tariffs for Beijing promise of big farm purchases
WASHINGTON/BEIJING (Reuters) – The United States and China cooled their trade war on Friday, announcing a “Phase one” agreement that…
VW’s German plants need to shape up, says production chief
FILE PHOTO: A worker makes final checks on an e-Golf electric car at the new production line of the Transparent…
Factbox: Alphabet’s ‘Other bets’ in focus as Google’s Pichai takes helm
(Reuters) – Google Chief Executive Officer Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, heralding a…
Elon Musk: About 150,000 orders thus far for Tesla Cybertruck
Nov 21, 2019; Hawthorne, CA, U.S.A; Tesla CEO Elon Musk unveils the Cybertruck at the TeslaDesign Studio in Hawthorne, Calif.…
Uber’s quarterly loss widens as costs rise; shares fall
(Reuters) – Uber Technologies Inc (UBER.N) on Monday posted a wider third-quarter loss as the company tries to outspend competitors…
U.S. considers dropping some tariffs on China: FT
FILE PHOTO: A U.S. dollar banknote featuring American founding father Benjamin Franklin and a China’s yuan banknote featuring late Chinese…
Uber’s quarterly loss widens as costs rise; shares fall sharply
(Reuters) – Uber Technologies Inc (UBER.N) on Monday posted a wider third-quarter loss as costs soared at the ride-hailing company,…
Lyft sees ‘path to profitability’ as riders, revenues increase
(Reuters) – Ride-hailing company Lyft Inc (LYFT.O) on Wednesday said higher-than-expected third-quarter revenues and an improved outlook showed it was…
Huawei unveils new 5G antennae ahead of China ramp
ZURICH (Reuters) – Huawei Technologies on Wednesday launched a new generation of 5G mobile antennae, anticipating an acceleration in the…
IBM revenue misses on weakness in its biggest unit; shares fall 5%
(Reuters) – International Business Machines Corp (IBM.N) missed Wall Street estimates for quarterly revenue on Wednesday, as its global technology…
Netflix shares jump as subscribers grow ahead of Disney, Apple attack
(Reuters) – Netflix Inc (NFLX.O) added slightly more paying subscribers than Wall Street expected in the third quarter, a relief…
EBay CEO Devin Wenig steps down, cites differences with board
(Reuters) – EBay Inc (EBAY.O) Chief Executive Officer Devin Wenig stepped down on Wednesday, citing differences with the company’s recently…
Huawei CFO fighting U.S. extradition says her rights were violated
VANCOUVER (Reuters) – Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday as her lawyers argued…
Huawei talks up own apps with Mate 30 challenge to Apple, Samsung
MUNICH (Reuters) – Huawei unveiled its new smartphones to challenge Apple’s (AAPL.O) iPhone 11 on Thursday, talking up slick design…
Trump adviser says U.S. president ready to escalate trade war if no deal agreed soon: SCMP
(Reuters) – A trade adviser to Donald Trump has said the U.S. president is ready to escalate the ongoing trade…
Chinese officials to visit U.S. farmland as trade talks continue: U.S. agriculture chief
FILE PHOTO: U.S. Secretary of Agriculture Sonny Perdue speaks during an event hosted by U.S. President Donald Trump with workers…
U.S., Chinese trade deputies face off in Washington amid deep differences
WASHINGTON (Reuters) – U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks for the first time in…
After LSE’s sharp rebuff, HKEX begins investor charm offensive
LONDON (Reuters) – Hong Kong Exchanges and Clearing (0388.HK) is embarking on a three-week charm offensive with London Stock Exchange…
U.S. states launch antitrust probes of tech companies, focus on Facebook, Google
(Reuters) – Two groups of U.S. state attorneys general on Friday announced separate antitrust probes of large tech companies such…
Exclusive: WeWork to press on with IPO launch despite valuation concerns – sources
(Reuters) – WeWork owner The We Company plans to proceed with an investor roadshow for its initial public offering (IPO)…
Roku targets UK as smart TV platform duel with Amazon hots up
BERLIN (Reuters) – Streaming company Roku, whose software runs one in three smart TVs in the United States, is turning…
Dell beats revenue estimates – Reuters
FILE PHOTO: The logo for Dell Technologies Inc. is displayed on a screen on the floor of the New York…
Huawei under probe by U.S. prosecutors over new allegations: WSJ
FILE PHOTO: FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China…
Apple likely to unveil latest iPhone on September 10
(Reuters) – Apple Inc (AAPL.O) will host an event on Sept. 10 at the Steve Jobs Theater in the company’s…
Qualcomm wins a pause in enforcement of FTC ruling
(Reuters) – Qualcomm Inc won a partial stay against the enforcement of a sweeping antitrust ruling in a lawsuit brought…
Trump presses U.S. companies to close China operations
WASHINGTON (Reuters) – President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close…
Top U.S. publishers sue Amazon’s Audible for copyright infringement
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal…
SoftBank plans to lend up to $20 billion to employees to invest in new fund: WSJ
Japan’s SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon…
Airbnb records 30% growth rate in first-quarter on booking strength: source
FILE PHOTO: The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum…
ViacomCBS is just the beginning of Shari Redstone’s media deals
NEW YORK (Reuters) – More than two months before CBS Corp (CBS.N) and Viacom Inc (VIAB.O) succeeded at a third…
China’s Tencent cautious after surge in quarterly profit
HONG KONG (Reuters) – China’s Tencent Holdings (0700.HK), the world’s largest gaming company by revenue, warned on Wednesday of a…
Trade tensions and a weaker yuan drive Chinese crypto demand, market players say
LONDON/NEW YORK (Reuters) – Trade tensions between the United States and China and a weakening yuan are boosting demand for…
AMS plans rival takeover bid for Germany’s Osram
FILE PHOTO: CEO of lamp manufacturer Osram Olaf Berlien poses during the opening of the company ‘World of light’ showroom…
Texas Instruments quarterly beat soothes demand jitters, shares up 6%
(Reuters) – Texas Instruments Inc (TXN.O) provided some relief that a global slowdown in microchip demand would not be as…
Facebook to create privacy panel, pay $5 billion to U.S. to settle allegations
WASHINGTON (Reuters) – The Federal Trade Commission is set to announce on Wednesday that Facebook Inc (FB.O) has agreed to…
Exclusive: WeWork to host Wall Street analyst day in IPO push – sources
NEW YORK (Reuters) – The We Company, parent of shared office space manager WeWork, plans to host an analyst day…
CBS stations go dark for DirecTV customers amid contract dispute with AT&T
FILE PHOTO: An AT&T logo is pictured in Pasadena, California, U.S., January 24, 2018. REUTERS/Mario Anzuoni (Reuters) – CBS Corp…