Dutch telecom KPN says unclear how long network outage may last

Dutch telecommunications company Koninklijke KPN said on Monday it did not know how long a nationwide mobile and fixed-line outage would last.

Facebook's Clegg rejects break-up calls, prefers more regulation

Facebook dismissed calls for a break-up of the world's biggest social network and other big internet companies on Monday, saying this would not tackle issues such as privacy, attempts to influence elections or harmful content.

Dutch emergency services hit by major telecoms outage

A major telecommunications outage hit the Netherlands on Monday, crippling ambulance and emergency services numbers and prompting the police to send all duty officers onto the streets.

Jumia Food looks beyond Africa's middle class for growth

Jumia Food, a unit of New York-listed e-commerce platform Jumia Technologies is offering cheaper menu options in its African home market to attract lower income earners as it seeks to boost growth, the delivery company said.

Lawyers for Huawei CFO urge Canada's Justice Minister to withdraw extradition proceedings

Lawyers for Huawei's chief executive officer Meng Wanzhou, who is being detained in Canada on U.S. fraud charges, on Monday urged Canada's Minister of Justice to reconsider whether to withdraw the extradition proceedings.

Amazon's new beauty store for professionals poses threat to beauty retailers

Amazon.com Inc on Monday unveiled its online professional beauty store to sell supplies to licensed professional stylists, barbers and estheticians, weighing on shares of other beauty retailers.

Dutch telecom KPN confirms outage hits fixed line, mobile services nationwide

Dutch national telecommunications company Koninklijke KPN NV said a network outage has hit its mobile and fixed-line services, confirming earlier reports of a disruption.

Dutch telecom suffers major outage in Netherlands

Royal KPN NV, the Netherlands' largest telecommunications company, suffered a major outage on Monday, state broadcaster NOS reported.

Huawei: 'No doubt' that we will meet German 5G security standards

Huawei, the Chinese technology and telecoms group hit by U.S. sanctions, said on Monday it was confident of meeting the security requirements that Germany is setting for its fifth-generation mobile networks.

Google to spend further 1 billion euros to build Dutch data centers

Alphabet Inc.'s Google said on Monday it will invest an additional 1 billion euros ($1.14 billion) to build data centers in the Netherlands, including a new facility in Middenmeer.

Car trash to cash: U.S. firm aims to power European stadiums with old car batteries

U.S. industrial conglomerate Eaton, which uses second-hand Nissan electric vehicle batteries to power buildings, is in talks with up to six European football stadiums to help power their facilities, according to a senior executive.

Logistics unit of JD raises 1.5 billion yuan investment fund

Chinese e-commerce giant JD.com's logistics division has raised a 1.5 billion yuan ($218 million) fund to invest in companies and technologies specializing in logistics, the company said on Monday.

China's iQiyi looks abroad after hitting 100 million paying subscribers

iQiyi, China's answer to Netflix, intends to push harder into overseas markets such as North America and Japan after the video-streaming service hit a milestone of 100 million paying subscribers this month, a senior executive said on Monday.

Bitcoin tests 15-month highs after 10% weekend jump

Bitcoin tested 15-month highs on Monday after jumping more than 10% over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin.

Bitcoin pulls back from 18-month highs after 10% weekend jump

Bitcoin pulled back from 18-month highs on Monday after jumping more than 10% over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin.

HSBC-backed startup aims to become LinkedIn of global trade

In a first of its kind initiative, HSBC Holdings Plc is backing the launch of a technology startup that aims to connect small-and-medium-sized manufacturers with component suppliers in different parts of the world as part of its trade banking push.

U.S. explores requiring domestic 5G equipment to be made outside China: WSJ

U.S. President Donald Trump is looking to require next-generation 5G cellular equipment used in the United States to be designed and manufactured outside China, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

Politicians need to move fast as Facebook & Co move into finance: BIS

Politicians need to quickly coordinate regulatory responses to new risks from technology companies like Facebook moving into finance, though banks won't be squeezed out anytime soon, the Bank for International Settlements (BIS) said on Sunday.

India's space startups ignite investor interest

From companies building palm-sized satellites to those aiming to propel satellites into space using cleaner fuels, a new wave of space technology startups are mushrooming in India, catching the attention of investors keen to join the space race.

Velodyne Lidar hires bankers for an IPO: Business Insider

Autonomous vehicle technology company Velodyne Lidar has hired bankers for an initial public offering, Business Insider reported on Saturday, citing sources familiar with the process.