Britain's plan to allow Chinese telecom giant Huawei Technologies a restricted role in its next generation mobile networks is part of a heated international debate over the security risks so-called 5G technology presents.

U.S. electric pickup truck startup Rivian Automotive LLC said on Wednesday that Ford Motor Co invested $500 million in the company, which is seen as one of the major rivals to Tesla Inc.

U.S. activist investor Elliott revealed a 1.2 billion-euro ($1.3 billion) stake in SAP on Wednesday and said it supported a new management efficiency drive, sending shares in the German business software company to an all-time high.

U.S. activist hedge fund Elliott Management announced on Wednesday that it had taken a 1.2 billion euro ($1.35 billion)stake in German technology company SAP . [nL5N2260MG]

AT&T Inc missed Wall Street estimates for quarterly revenue on Wednesday, hit by lower-than-expected sales in its WarnerMedia unit as well as its wireless business, where it has cut prices to attract customers.

The head of Britain's GCHQ spy agency said on Wednesday that the suitability of companies to supply equipment for the United Kingdom's 5G telecoms systems depended more on their security and engineering processes rather than where they were based.

None of the Five Eyes intelligence sharing nations will use technology from Huawei in the "sensitive" parts of their telecoms networks, a senior U.S. official said on Wednesday.

Uber Technologies Inc said on Wednesday the head of its Asia-Pacific operations will leave the company at the end of next month, and will be replaced by Pierre-Dimitri Gore-Coty.

Israel's VDOO Connected Trust Ltd, which provides security automation for embedded devices, said on Wednesday it raised $32 million in a funding round led by venture capital firms WRVI Capital and GGV Capital.

Franco-Italian chipmaker STMicroelectronics struck an upbeat tone for the second half of the year on Wednesday after a steep fall in quarterly sales of sensors compelled it to trim its investment plans.

AT&T Inc on Wednesday posted a surprise gain in first quarter net wireless subscribers who pay a monthly bill, as it rolled out a series of price-cut promotions for smartphones.

U.S. social media company Twitter will launch a new tool next week to make it easier for users to flag deliberate attempts to mislead voters taking part in key European Parliament elections next month.

Hollywood has a new suitor in Silicon Valley.

Franco-Italian chipmaker STMicroelectronics struck an upbeat tone for the second half of the year on Wednesday after a steep fall in quarterly sales of sensors compelled it to trim its investment plans.

Britain will allow Huawei Technologies a restricted role in building parts of its 5G network, seeking a middle way in a bitter dispute between the United States and China over the next generation of communications technology.

South Korea's LG Electronics plans to suspend manufacturing of its loss-making mobile phones in the country this year and shift the production to its existing plant in Vietnam, Yonhap News Agency said on Wednesday.

The job-search site Indeed will hire 600 more people at its European headquarters in Dublin over the next five years, the latest significant jobs announcement by a multinational company in Ireland.

Samsung Electronics Co Ltd plans to invest $116 billion in non-memory chips through 2030, to cut its reliance on the volatile memory chip market and develop chips to power self-driving cars and AI-enabled devices.

The head of Britain's cyber center said governments in the Five Eyes intelligence alliance had not always been aligned over Huawei, downplaying any threat of a rift as the UK prepares to give the Chinese company access to 5G networks.

Britain's government has conducted an "evidence-based review" of the 5G supply chain to ensure a secure base "now and in the future", a government spokesman said on Wednesday, responding to reports that Huawei will get limited access to the network.