U.S. tax collectors urge owners of virtual currencies to pay back taxes, file amended returns

The U.S. Internal Revenue Service on Friday said it was sending thousands of letters to taxpayers who failed to report virtual currency transactions, saying they may owe taxes.

Dish Network has tough road to become competitive mobile carrier

Dish Network's bid to become a fourth U.S. mobile carrier may cost billions more than it expected and pits it against corporate giants, but the satellite TV provider has an advantage in starting fresh, with no legacy technology to maintain, and deep-pocketed potential partners are standing by.

Trump says U.S. to hit France with 'substantial' action for digital tax

U.S. President Donald Trump said on Friday the United States would hit France shortly with a "substantial reciprocal action" after Paris announced a tax aimed at U.S. technology companies.

Cloud company Datadog hires banks for IPO: sources

Datadog Inc, the cloud monitoring company whose investors include a wealth manager for Facebook Inc Chief Executive Mark Zuckerberg, has hired investment banks for its initial public offering (IPO), according to people familiar with the matter.

TIM, Vodafone agree merger of mobile masts, 5G partnership in Italy

Italy's biggest phone group Telecom Italia and rival Vodafone agreed on Friday to merge their mobile tower infrastructure and to jointly roll out 5G in Italy.

U.S. Department of Justice approves T-Mobile, Sprint tie-up

The U.S. Justice Department said it was greenlighting T-Mobile US Inc's request to acquire rival Sprint Corp after the companies agreed to divest Sprint's prepaid businesses including Boost Mobile to Dish Network Corp in an effort to create a new wireless competitor.

Trump warns Google after Treasury chief says no concerns on China

U.S. President Donald Trump on Friday kept up his pressure on global tech giant Google days after his Treasury secretary ruled out any national security concerns over the company's work in China.

Twitter shares jump 10% on solid user growth, revenue beat

Twitter Inc on Friday reported better-than-expected second-quarter revenue as design changes to its microblogging website attracted more users and advertisers, sending its shares up 10%.

U.S. to deny tariff relief for Apple Mac Pro parts from China: Trump

U.S. President Donald Trump on Friday said his administration would not grant Apple Inc any relief for tariffs on Chinese-made parts for its Mac Pro computer.

Vodafone to set up 18 bln euro European mobile mast company with IPO potential

Britain's Vodafone will separate its mobile masts in Europe into a new company worth upwards of 18 billion euros ($20 billion) with a view to listing a minority stake.

U.S.-China tensions weigh on Huawei's ties with partners FedEx, Flex

U.S. FedEx Corp on Friday again apologized and blamed Washington's ban on Huawei for being "unclear" as Beijing deepened an investigation into why the delivery firm was holding up packages meant for the telecoms equipment maker.

Alphabet shares jump 9% on ad rebound, cloud promise

Shares of Alphabet Inc rose nearly 9% in premarket trading on Friday, after the company handily beat Wall Street targets on higher ad sales and touted growth at its cloud unit, a high-margin business it is leaning more on to drive growth.

Alphabet says to continue talks with DoJ in antitrust review

Alphabet Inc on Thursday acknowledged a broader U.S. Department of Justice antitrust review of large technology firms and said it will continue to engage with the regulator.

Twitter revenue beats, sees rise in daily users viewing ads

Twitter Inc posted better-than-expected second-quarter revenue on Friday and an uptick in daily users who see advertisements on the site, driven by changes to show users more relevant content, sending its shares up nearly 5%.

Huawei rolls out 5G phone and flags first Hongmeng device

Huawei Technologies [HWT.UL] on Friday released its first 5G phone in China and said it would soon launch smart TVs equipped with its own Hongmeng operating system.

Twitter beats on revenue, sees rise in daily users viewing ads

Twitter Inc posted a better-than-expected second-quarter revenue on Friday and an uptick in daily users who see advertisements on the site, driven by changes to show users more relevant content.

SoftBank-backed Tokopedia bets on logistics, AI for Indonesia growth

Indonesian e-commerce unicorn Tokopedia is investing in two logistics companies and using artificial intelligence to predict buying behavior as part of an effort to speed delivery and slash shipping costs in the world's biggest archipelago.

Australia's NAB says 13,000 customers' personal data breached

National Australia Bank Ltd said 13,000 customers are being contacted after a data breach where personal data was uploaded without permission to two data service companies.

New auto safety technology leaves insurers in the dark

Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes or automated cruise control.

Wildcat Discovery, InoBat to build electric car battery line in Slovakia

Slovak group InoBat and U.S. energy tech firm Wildcat Discovery Technologies will build a 100 million euro ($111 million) automotive battery production line in Slovakia, with the aim of meeting future demand from central Europe's carmakers.