Samsung ends mobile phone production in China

Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world's biggest smartphone market.

ASOS shakes up board to revive fortunes

Online fashion retailer ASOS Plc on Wednesday revamped its board by naming several new directors, including Ocado Solutions Chief Executive Officer Luke Jensen, as it looks to bounce back from a string of profit warnings.

Samsung Electronics ends mobile phone production in China

Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world's biggest smartphone market.

Twitter, TweetDeck back up after suffering global outage; thousands impacted

Twitter Inc was apparently back up on Wednesday after a worldwide outage hit the microblogging platform's website and its dashboard management platform TweetDeck, affecting thousands of users.

Thailand's Kasikornbank to give Shopee e-commerce merchants loans

Thailand's second-largest lender, Kasirkonbank Pcl (Kbank) will start giving digital loans to sellers on Sea Ltd's e-commerce business Shopee, in the bank's latest digital partnership, it said on Wednesday.

ASOS announces board shake-up

Online fashion retailer ASOS Plc appointed four new independent non-executive directors from several major British companies on Wednesday as it looks to bounce back after a string of profit warnings.

Samsung Electronics says it suspended operations at China mobile phone factory

Samsung Electronics Co Ltd said on Wednesday it suspended production at its mobile phone factory in China at the end of September.

Huawei phones lose access to install Google's apps - Bloomberg

Huawei Technologies Co Ltd's newly launched Mate 30 devices have lost their access to manually install Google's Android apps, Bloomberg reported on Tuesday.

Tesla's China production to start, eyes on mass production timing: sources

Tesla Inc's China factory aims to start production this month but it is unclear when it will meet year-end production targets due to uncertainties around orders, labor and suppliers, sources with knowledge of the matter said.

Paddy Power and Poker Stars owners to create online gambling leader

The owners of Paddy Power Betfair and Poker Stars have agreed to merge in a all-share deal to create one of the world's largest online betting and gambling companies, they said on Wednesday.

Twitter, TweetDeck suffer global outage, thousands hit

Twitter Inc said late on Tuesday that the social media website and its dashboard management platform TweetDeck was hit with an outage, with thousands of global users left in the dark.

SK Hynix shifts away from Japanese input material with Korean product

South Korea's SK Hynix Inc has started using a high-tech material from a Korean supplier in its chipmaking process, a company official said on Wednesday, shifting away from a Japanese product for the first time.

Startups hear about drawbacks of IPOs at San Francisco meeting

Venture capitalists and executives from more than 100 startups including Airbnb Inc and Poshmark gathered on Tuesday to bash traditional initial public offerings and promote direct stock exchange listings, according to two people who attended the meeting.

Visa, Mastercard reconsider backing Facebook's Libra: WSJ

Visa , Mastercard Inc and other key financial partners may reconsider their involvement in Facebook Inc's cryptocurrency, Libra, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

WeWork IPO failure a critical signal for markets: Morgan Stanley

WeWork's failure to go public is a critical turning point for markets that signals the end of "the days of endless capital for unprofitable businesses," Morgan Stanley Equity Strategist Michael Wilson says.

Factbox: Six things Facebook CEO Mark Zuckerberg told staff in leaked audio

Leaked audio of Facebook Inc Chief Executive Mark Zuckerberg addressing questions from staff in two internal July meetings was published on Tuesday by The Verge.

Net neutrality rules could return at state level under mixed U.S. court decision

Net neutrality laws could return at the state level after a U.S. court ruled on Tuesday that the Trump administration cannot block states from passing their own net neutrality laws, but largely upheld the 2017 repeal of landmark rules barring internet service providers from blocking or throttling tr...

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Tesla registers Shanghai construction unit in acceleration of China plans

U.S. electric vehicle maker Tesla Inc has registered a construction company in China, a business registration filing shows, the latest sign Tesla is pushing ahead with its plans in the world's biggest auto market.

Trump, Finnish president to discuss 5G options to Huawei

U.S. President Donald Trump and his Finnish counterpart on Wednesday are expected to discuss ways to improve 5G alternatives to offerings from Chinese telecoms equipment firms like Huawei Technologies Co Ltd [HWT.UL], a senior administration official said.

Mariposa Botnet Author, Darkcode Crime Forum Admin Arrested in Germany

A Slovenian man convicted of authoring the destructive and once-prolific Mariposa botnet and running the infamous Darkode cybercrime forum has been arrested in Germany on request from prosecutors in the United States, who’ve recently re-indicted him on related charges. NiceHash CTO M...

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