Tech investors: No broad lessons seen in WeWork valuation drama
NEW YORK (Reuters) – Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions…
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…
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…
Biotech is going to the dogs – and big profits await
(Reuters) – For Jessica Lescault there is no question that her 6-year old English bulldog “Moose” deserves cutting-edge biotechnology cancer…
Biotech is going to the dogs – and big profits await
(Reuters) – For Jessica Lescault there is no question that her 6-year old English bulldog “Moose” deserves cutting-edge biotechnology cancer…
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…
Apple says Uighurs targeted in iPhone attack but disputes Google findings
FILE PHOTO: A woman looks at the screen of her mobile phone in front of an Apple logo outside its…
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…
Best Buy’s sales forecast falls short as tariffs loom
(Reuters) – Best Buy Co Inc (BBY.N) blamed planned U.S. tariffs on Chinese imports and uncertainty about future consumer behavior…
SEC fines Texas-based firm for offering illegal tokens, unregistered exchange
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Thursday it fined and settled charges against a Texas-based…
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…
Trump regrets not raising tariffs on China higher, White House says
BIARRITZ, France (Reuters) – President Donald Trump wishes he had raised tariffs on Chinese goods even higher last week, the…
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…
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…
Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping…
Exclusive: Fearing data privacy issues, Google cuts some Android phone data for wireless carriers
NEW YORK/SAN FRANCISCO (Reuters) – Alphabet Inc’s Google has shut down a service it provided to wireless carriers globally that…
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…
U.S. removes some Chinese furniture, modems from planned 10% tariffs
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song WASHINGTON…
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…
FCC chairman circulates order to approve Sprint, T-Mobile tie-up
FILE PHOTO: A smartphone with Sprint logo are seen in front of a screen projection of T-mobile logo, in this…
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…
U.S. attorney general, state officials discuss big tech firms’ effect on competition
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google are seen in a combination photo from Reuters files. REUTERS/File…
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…
Big Tech faces broad U.S. Justice Department antitrust probe
WASHINGTON (Reuters) – The U.S. Justice Department said on Tuesday it was opening a broad investigation of major digital technology…
Trump meets with tech CEOs on Huawei
U.S. President Donald Trump at the White House in Washington, U.S., July 22, 2019. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – U.S.…
LG Display to invest $2.6 billion in OLED panel plant in South Korea
FILE PHOTO: A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/File Photo…
Trump agrees to prompt responses to license requests for Huawei sales
WASHINGTON (Reuters) – President Donald Trump agreed at a meeting with the heads of top technology companies like Google on…
Huawei’s U.S. research arm slashes more than 70% of workforce
SANTA CLARA, Calif. (Reuters) – China’s Huawei Technologies Co Ltd said it is slashing more than 600 jobs at its…
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…
Airbus mimics nature with ‘Bird of Prey’ concept plane
An Airbus concept aircraft with a wing design inspired by nature, dubbed Bird of Prey, is displayed at the Royal…
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…
U.S. Justice Department may sue to block Sprint, T-Mobile merger: source
WASHINGTON (Reuters) – The U.S. Justice Department has told T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) to wrap up…
Microsoft shares hit record highs, powered by growing cloud sales
(Reuters) – Microsoft Corp (MSFT.O) on Thursday beat analysts’ estimates for fourth-quarter revenue and profit, driven by continued sales increases…
Tech executives head to Capitol Hill for antitrust hearing
WASHINGTON (Reuters) – Executives from tech giants Apple Inc, Amazon.com Inc, Facebook Inc and Alphabet’s Google go before the House…
Amazon offers $10 to Prime Day shoppers who hand over their data
(Reuters) – Amazon.com Inc has a promotion for U.S. shoppers on Prime Day, the 48-hour marketing blitz that started Monday:…
Facebook should not be trusted with ‘crazy’ cryptocurrency plan: senators
WASHINGTON (Reuters) – Democratic and Republican lawmakers said on Tuesday that Facebook Inc’s track record of what they described as…
Bitcoin tumbles as U.S. senators grill Facebook on crypto plans
LONDON (Reuters) – The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value after U.S.…
U.S. Justice Department asks appeals court to pause antitrust ruling against Qualcomm
FILE PHOTO: A Qualcomm sign is pictured at Mobile World Congress (MWC) in Shanghai, China June 28, 2019. REUTERS/Aly Song…
Symantec ends talks to sell to Broadcom over price: sources
(Reuters) – Cybersecurity company Symantec Corp (SYMC.O) has walked away from negotiations to sell itself to chipmaker Broadcom Inc (AVGO.O)…
Facebook vows Libra currency will wait for approval as U.S. airs worries
WASHINGTON (Reuters) – Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until…
On the menu soon: lab-grown steak for eco-conscious diners
REHOVOT, Israel (Reuters) – Diners in some upmarket restaurants will soon be able to tuck into laboratory-grown steak, thanks to…
U.S. regulators approve $5 billion Facebook settlement over privacy issues: source
(Reuters) – The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its…
T-Mobile, Sprint expected to extend deal date: sources
FILE PHOTO: A smartphone with Sprint logo are seen in front of a screen projection of T-mobile logo, in this…
Potential IPO candidate BioNTech secures $325 million in financing round
FRANKFURT (Reuters) – German biotech firm BioNTech has secured $325 million in a private financing round to boost its cancer…
Fugitive U.S. tech guru: Cryptocurrency is next Cuban revolution
HAVANA (Reuters) – On the run from U.S. tax authorities, tech guru John McAfee puffs a cigar aboard his towering…
Amazon founder Bezos’ divorce final with $38 billion settlement: report
FILE PHOTO: 2018 Vanity Fair Oscar Party – Arrivals – Beverly Hills, California, U.S., 04/03/2018 – Amazon CEO Jeff and…
Exclusive: U.S. clears SoftBank’s $2.25 billion investment in GM-backed Cruise
(Reuters) – Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S.…
U.S. asks federal court to throw out Huawei lawsuit
The Huawei logo is pictured on the company’s stand during the ‘Electronics Show – International Trade Fair for Consumer Electronics’…
White House’s Navarro says China trade deal will take time: CNBC
WASHINGTON (Reuters) – White House trade adviser Peter Navarro said on Tuesday U.S. trade talks with China are heading in…
Tesla delivers record number of electric cars in quarter, shares up 7%
SAN FRANCISCO (Reuters) – Tesla Inc (TSLA.O) set a record for quarterly vehicle deliveries in a triumphant response to months…
Facebook to tackle content with misleading health claims
The logo of Facebook is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018.…
Trump says any China trade deal would need to be somewhat tilted in U.S. favor
WASHINGTON (Reuters) – President Donald Trump said on Monday that trade talks with China were under way and any deal…