Global chipmakers rally on Micron's upbeat results, Huawei shipments

Shares of chipmakers rose on Wednesday after Micron Technology Inc forecast a recovery in chip demand in the second half of the year, easing concerns that rising trade tensions would exacerbate a slump in the sector.

U.S. bitcoin ATM operator to add Dai stablecoin, launch remittance service

Coinsource, a Texas-based bitcoin ATM operator, will make the Dai stablecoin available on its machines this summer, in preparation for the launch of a full remittance service, a company official told Reuters.

Israeli startup NeuroBlade raises $23 million to develop AI chip

Israeli startup NeuroBlade said on Wednesday it has completed a $23 million early funding round, led by Marius Nacht, co-founder of Check Point Software Technologies, with the participation of new investor Intel Capital.

Trump suggests EU is out of line with lawsuits against U.S. tech firms

U.S. President Donald Trump on Wednesday suggested the European Union was out of line bringing lawsuits against U.S. technology companies like Facebook and Google, saying legal action against those firms should be the purview of the United States.

EU hits Broadcom with interim demands in antitrust probe

EU antitrust regulators want U.S. chipmaker Broadcom to scrap its exclusivity clauses with TV and modem makers to avoid irreparable harm to the market while they investigate whether this tactic and others are designed to block rivals.

G20 will discuss minimum tax for IT companies: Germany

A compromise position on minimum levels of corporate taxation for IT companies will be discussed at this weekend's G20 meeting of leading economies in Japan, a German government official said on Wednesday, adding that their hope was that final agreements could be reached by the end of 2020.

Qualcomm's security-boosted smartphone chip wins German certification

U.S. chipmaker Qualcomm has won certification from Germany's cyber watchdog for a next generation chip that boosts the security of smartphones, as applications such as mobile payments become increasingly prevalent.

BlackBerry beats revenue estimates as it reaps rewards of Cylance buy

Canadian software maker BlackBerry Ltd on Wednesday beat analysts' expectations for quarterly revenue, as it benefited from its recent $1.4 billion bet on cybersecurity firm Cylance.

Sneaker site StockX raises funds, hires eBay executive

StockX, an online market place which specializes in reselling limited-edition sneakers, has raised $110 million from investors to fund its expansion and poached Scott Cutler from eBay as its new chief executive, it said on Wednesday.

Exclusive: China hacked eight major computer services firms in years-long attack

Hackers working for China's Ministry of State Security broke into networks of eight of the world's biggest technology service providers in an effort to steal commercial secrets from their clients, according to sources familiar with the attacks.

Bitcoin reaches 18-month high as Facebook's Libra spurs interest

Bitcoin jumped to an 18-month high on Wednesday, a surge analysts said was caused by nervous traders looking for safety in alternative investments and expectations that Facebook's Libra could turn cryptocurrencies mainstream.

Broadcom in EU antitrust spotlight, faces interim measures

EU antitrust regulators will investigate whether U.S. chipmaker Broadcom uses exclusivity restrictions to block rivals in the TV and modem chipsets markets, a move that could lead to hefty fines for the company and an order to end such practices.

China's Alibaba aims to double Tmall Global brands with English portal

Chinese e-commerce giant Alibaba on Wednesday launched an English-language website for its Tmall Global marketplace aimed at merchants, in an attempt to double the number of international brands on the platform to 40,000 in the next three years.

Tesla loses its VP of production: Electrek

Tesla Inc's vice president of production in charge of all vehicle manufacturing at Fremont factory, Peter Hochholdinger, is not at the automaker anymore, news website Electrek reported on Wednesday, citing a source familiar with the matter.

China's Didi expands partnership with automaker GAC Group

Chinese ride-hailing giant Didi Chuxing said on Wednesday it would expand its partnership with Guangzhou Automobile Group Co Ltd (GAC Group) to areas such as ride-hailing operations and autonomous driving.

EU antitrust regulators to investigate Broadcom, seek interim measures

EU antitrust regulators opened on Wednesday an investigation into whether chipmaker Broadcom uses exclusivity restrictions to block rivals.

Bitcoin vaults to 18-month highs on growing popularity

Bitcoin jumped to its highest in eighteen months on Wednesday on safe-haven investment flows and growing expectations that Facebook’s Libra could turn cryptocurrency investments mainstream.

China's Alibaba aims to double Tmall brands with English portal

Chinese e-commerce giant Alibaba on Wednesday launched an English-language website for its Tmall marketplace aimed at merchants, in an attempt to double the number of international brands on the platform to 40,000 in the next three years.

Nigerian court adjourns tax case between MTN and attorney general

A Nigerian judge on Wednesday adjourned until Oct. 29 a case to resolve a $2 billion tax dispute between South African telecoms company MTN Group and Nigeria's attorney general.

Singapore aims to create 10,000 tech jobs in three years

Singapore on Wednesday said it has plans to create up to 10,000 jobs in the technology sector over three years in an initiative to establish the city-state as a global hub for the industry.