Kenya's Safaricom will start a joint venture with Vodacom to acquire the intellectual property rights to the popular M-Pesa mobile financial services platform from Britain's Vodafone, Safaricom's CEO said on Thursday.
China said the United States needs to correct its "wrong actions" in order for trade talks to continue after it blacklisted Huawei, a blow that has rippled through global supply chains and battered technology shares.
U.S. Secretary of State Mike Pompeo said on Thursday the chief executive of China's Huawei Technologies was lying about his company's ties to the Beijing government, and he believed more American companies would cut ties with the tech giant.
A company working to make open-source self-driving software reliable enough to be used in commercially available vehicles said it had hired a former German car boss as it seeks to expand its reach.
PayJoy, a startup that has developed smartphone technology to facilitate access to credit in emerging markets, has raised $20 million from venture capital firm Greylock Partners, the company said on Thursday.
U.S. Secretary of State Mike Pompeo said on Thursday the chief executive of China's Huawei Technologies was lying about his company's ties to the Beijing government, and he believed more U.S. companies would cut ties with the tech giant.
Russia's biggest mobile phone operator MTS is evaluating the possible impact of U.S. sanctions against China's Huawei Technologies Co Ltd, Chief Executive Officer Alexei Kornya said on Thursday.
Beijing said Washington needs to correct its "wrong actions" for trade talks to continue after the U.S. blacklisted Huawei, a blow that has rippled through global supply chains and battered tech shares as investors feared a looming technology cold war.
Tech giant Lenovo Group Ltd on Thursday reported a market-beating three-fold surge in quarterly profit helped by strong personal computer (PCs) sales, and said its production plans had not been affected by the ongoing Sino-U.S. trade war.
British broadband provider TalkTalk reported a 17% rise in full-year core earnings to 237 million pounds ($300 million), in line with expectations, as it benefited from lower costs and customers switching to faster fiber products to watch video.
China said on Thursday it had lodged solemn representations with the United States after it blocked Chinese telecoms equipment maker Huawei from buying U.S. goods, a major escalation in the trade war between the two countries.
British chip designer ARM halted relations with Huawei to comply with a U.S. blockade of the company, potentially crippling the Chinese telecom company's ability to make new chips for its future smartphones.
China's Lenovo Group reported a more than three-fold increase in its quarterly profit as strong computer sales helped the world's largest personal computer (PC) maker to beat market expectations.
Japan's Panasonic Corp said on its China website on Thursday it continues to supply Huawei Technologies Co Ltd normally.
Chinese travel site Mafengwo said it has raised $250 million in a funding round led by Tencent Holdings Ltd as it expands in the booming online travel market.
TSMC, the world's biggest contract chipmaker, said on Thursday its shipments to China's Huawei Technologies Co Ltd are not affected by U.S. action aimed at curbing the telecom equipment maker's access to American technology.
The U.S. government is lobbying South Korea not to use Huawei Technologies Co Ltd products, a South Korean newspaper reported on Thursday, amid a wider push by Washington to get its allies to reject the Chinese tech firm's goods.
A bipartisan group of U.S. lawmakers introduced legislation on Wednesday to provide about $700 million in grants to help U.S. telecommunications providers with the cost of removing Huawei equipment from their networks.
Ride-hailing app Uber will spend $40 million over five years to open its third support center in Latin America in September in the Colombian capital Bogota, the company said on Wednesday.
An overwhelming majority of Japanese firms have no plans to use 5G mobile networks by China's Huawei or other foreign firms, preferring instead to rely on domestic telecom carriers due to security concerns, a Reuters poll showed.





