BRUSSELS - Italy gained EU regulatory approval on Thursday for its 4 billion euro ($4.5 billion) plan to bring fast-speed Internet access to areas where it currently not available. The Italian National Ultra-Broadband Scheme, which will run until the end of 2022, complies with the bloc's state aid r...
A woman holds her smart phone which displays the Google home page, in this picture illustration taken February 24, 2016. Reuters/Eric Gaillard/Illustration/Files Google has bought the entire 12-year power production from a yet-to-be-built Norwegian wind power farm to supply its European data centers...
BMW (BMWG.DE) is close to unveiling a development partnership for autonomous cars with Israeli collision detection software maker Mobileye (MBLY.N) and U.S. chip maker Intel (INTC.O), a source familiar with the matter said on Thursday. (Reporting by Edward Taylor; Editing by Georgina Prodhan)
Reed Hastings, co-founder and CEO of Netflix, poses on the red carpet at the French premiere of Netflix's TV series ''Marseille'' in Marseille, France, May 4, 2016. Reuters/Jean-Paul Pelissier Netflix Inc will continue to look into the possibility of entering China, Chief Executive Reed Hastings sai...
Japan's anti-monopoly regulator is investigating Canon Inc (7751.T) over a possible breach of disclosure rules in the company's acquisition of Toshiba Corp's (6502.T) medical equipment unit, a source with direct knowledge of the matter said. Canon, which agreed in mid-March to buy Toshiba Medical fo...
Hard-disk drive maker Seagate Technology Plc said it would cut about 1,600 jobs, or 3 percent of its workforce, as the company looks to rein in costs amid waning demand. Seagate said on Wednesday the restructuring is expected to result in total pre-tax charges of $62 million and is likely to be comp...
The Federal Communications Commission (FCC) logo is seen in Washington, February 26, 2015. Reuters/Yuri Gripas The U.S. Federal Communications Commission said Wednesday that the cost for clearing 126 megahertz in the TV band for wireless use is $86.4 billion in the first stage of a government auctio...
The Facebook logo is displayed on a computer screen in Brussels April 21, 2010. Reuters/Thierry Roge The Belgian data protection authority said on Wednesday it had lost a legal battle with Facebook in which it sought to stop the social network tracking the online activities of non-Facebook users in ...
Facebook Inc on Wednesday offered a rare glimpse into how it ranks and shows content in its News Feed, part of an effort to provide more transparency about its operations as the social network's cultural and political influence continue to grow. The disclosures, though lacking in detail, are notable...
The American Civil Liberties Union said it filed a lawsuit in U.S. federal court on Wednesday challenging the constitutionality of an anti-hacking law, arguing it prevents academics and others from collecting data to investigate whether online algorithms may be discriminatory. The lawsuit claims the...
A mobile phone shows a Facebook page promoting Hillary Clinton for president in 2016, in this photo illustration taken April 13, 2015. Reuters/Mike Segar As the U.S. presidential campaign heats up, Facebook Inc is going out of its way to show its neutrality - an increasingly urgent matter for the so...
When German e-commerce investor Rocket Internet launched Jumia in 2012 as a would-be African Amazon, it was optimistic that a rapidly expanding middle class would quickly shift from street markets to shopping online. Four years on, falling sales for sites like Jumia and slower growth from Nigeria to...
Shopping carts are seen outside a new Wal-Mart Express store in Chicago July 26, 2011. Reuters/John Gress/Files Wal-Mart Stores Inc said it launched a free 30-day trial of ShippingPass, its two-day shipping program to all shoppers in the United States, as the world's largest retailer looks to take o...
Xu Lin, deputy director of China's internet regulator, attends a Shanghai delegation group discussion at the National People's Congress (NPC) in Beijing, China, March 6, 2016. Reuters/Stringer The director of China's internet regulator has stepped down and been replaced by one of his deputies, state...
German robotics maker Kuka is in confidential talks about potential new investors but has so far only received a takeover offer from Chinese bidder Midea, Chief Executive Gordon Riske said on Wednesday. Midea, which already owns a 13.5 percent Kuka stake, made a 115 euros a share takeover offer earl...
A woman walks walk past the main entrance of the entertainment-to-telecoms conglomerate Vivendi's headquarters in Paris April 8, 2015. Reuters/Gonzalo Fuentes/File Photo French video games company Gameloft said on Wednesday its board was resigning as it disagreed with the strategic vision of its new...
The logo of French defence and electronics group Thales is seen at the company's headquarters in Neuilly, near Paris, May 20, 2008. Reuters/Charles Platiau/File Photo French electronics group Thales aims to increase its revenues by hundreds of millions of euros in the cybersecurity field through a s...
A man walks past a logo of Airbnb after a news conference in Tokyo, Japan, November 26, 2015. Reuters/Yuya Shino Apartment-sharing startup Airbnb is in talks for a new round of funding that would value the company at $30 billion, a source close to the company said on Tuesday. Airbnb intends to use t...
A Google search page is seen through a magnifying glass in this photo illustration taken in Berlin, August 11, 2015. Reuters/Pawel Kopczynski BRUSSELS - Alphabet's (GOOGL.O) Google may face a third EU antitrust charge as soon as next month, this time focusing on its revenue mainstay AdWords ad place...
U.S. Assistant Attorney General John Carlin said on Tuesday that Chinese hacking activity appears to have declined since the Chinese government vowed last September to stop supporting the hacking of U.S. trade secrets. The assertion supports findings released earlier this month from cyber security f...
