Alibaba reshuffles management; CFO Wu to oversee strategic investment unit

China's Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and management reshuffle at the e-commerce giant.

Senator Rubio targets Huawei over patents

U.S. Senator Marco Rubio filed legislation on Monday that would prevent Huawei Technologies Co Ltd from seeking damages in U.S. patent courts, after the Chinese firm demanded that Verizon Communications Inc pay $1 billion to license the rights to patented technology.

France warns new European drone must be competitive on price

A next-generation drone being developed by several European nations must be price competitive or the project designed to project European unity and strength in an increasingly uncertain world will flounder, France's defense minister warned on Monday.

Tesla's Elon Musk becomes 'Daddy DotCom' on Twitter

Silicon Valley billionaire Elon Musk tweeted https://twitter.com/elonmusk/status/1140481957341495296 late on Sunday that he had "just deleted" his Twitter account, while also changing his Twitter display name to "Daddy DotCom".

Collective Health secures $205 million in funding led by SoftBank Vision Fund

Collective Health, which makes software for companies to pay workers' health costs directly, said on Monday it had raised $205 million in new funding led by SoftBank Group Corp's Vision Fund.

Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue

China's Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company's founder and CEO Ren Zhengfei said, and slashed revenue expectations for the year.

U.S. chipmakers quietly lobby to ease Huawei ban

Huawei's American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said.

JD.com may list logistics unit in future but no plan currently: exec

Chinese e-commerce giant JD.com Inc may list its logistics unit in the future but it currently has no clear plan, a senior company executive said on Monday.

Palestinian contractors poised for riches from Israeli tech firm's takeover

Palestinian engineers working for Israeli chip designer Mellanox Technologies are poised to share a $3.5 million payout when the company's takeover by U.S. chip supplier Nvidia Corp is completed.

Huawei CEO says underestimated impact of U.S. ban, sees revenue dip

Huawei Technologies Co Ltd's founder and CEO Ren Zhengfei said the impact of a U.S. ban on the Chinese company was more severe than expected and warned that revenue would dip to around $100 billion this year and the next.

Nvidia to work with Arm chips, deepening push into supercomputers

Nvidia Corp on Monday said it will make its chips work with processors from Arm Holdings Inc to build supercomputers, deepening Nvidia's push into systems that are used for modeling both climate change predictions and nuclear weapons.

Huawei CEO expects sales to drop to $100 billion in 2019, 2020

China's Huawei Technologies Co Ltd expects sales to drop to around $100 billion this year and the next, CEO Ren Zhengfei said on Monday, as its business comes under pressure due to U.S. sanctions.

Alibaba proposes one-to-eight stock split ahead of up to $20 billion HK listing

China's Alibaba Group Holding has proposed a one-to-eight stock split ahead of a listing in Hong Kong later this year that is expected to raise up to $20 billion.

Google appoints Stanley Chen to head Greater China sales, operations

Alphabet Inc's Google has appointed Stanley Chen as its managing director of Greater China sales and operations, the company said in a statement on Monday.

Target says payments vendor faces glitch; registers back online

Target Corp on Sunday said it was unable to process select card payments at some stores for nearly 90 minutes due to a vendor-related issue – the second consecutive outage faced by the retailer in a week.

Huawei prepares for 40%-60% fall in international smartphone shipments: Bloomberg

Huawei Technologies Co Ltd is preparing for a 40% to 60% decline in international smartphone shipments, Bloomberg reported on Sunday.

U.S. chipmakers quietly lobby to ease Huawei ban: sources

Huawei's American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said.

UK PM front-runner Johnson pledges to 'end the digital divide' by 2025

Boris Johnson, the front-runner to replace Prime Minister Theresa May, pledged on Sunday to "end the digital divide" in Britain with the rollout of full fiber broadband by 2025.

Intel launches project to help Israeli tech start-ups

Intel Corp launched a project on Sunday to help start-ups in Israel develop technologies in artificial intelligence (AI) and autonomous systems, and said it planned to bring the scheme to other countries as well.

Intel launches tech accelerator in Israel, plans for more

Intel Corp on Sunday launched an accelerator in Israel to develop technologies in artificial intelligence and autonomous systems, and said it plans to bring the project to other countries as well.