Explainer: How 5G drove moves by Apple, Qualcomm and Intel

Apple Inc and Qualcomm Inc on Tuesday settled an acrimonious two-year legal dispute. Shortly afterward, Intel Corp said it will exit the smartphone modem chip business.

Wisconsin governor says he wants to renegotiate Foxconn contract

Wisconsin's governor said on Wednesday he wants to renegotiate the state's contract with Foxconn Technology Group Ltd because the Taiwanese company is not expected to reach its job creation goals for the state.

Samsung Galaxy Fold's screen malfunctions after a day, some reviewers say

Samsung's new Galaxy Fold, a splashy $1,980 phone that opens into a tablet, is malfunctioning for some journalist reviewers after only a day or two of use, according to posts on social media on Wednesday.

Wisconsin governor says wants to renegotiate Foxconn contract

Wisconsin's governor said on Wednesday he wants to renegotiate the state's contract with Foxconn Technology Group Ltd because the Taiwanese company is not expected to reach its job creation goals for the state.

Ubisoft offers Notre-Dame-themed Assassin's Creed game for free

French video game developer Ubisoft said on Wednesday it will offer free access to its "Assassin's Creed" game, which allows players to roam in a meticulously reconstituted Notre-Dame Cathedral during the French revolution.

FCC set to block China Mobile bid to provide U.S. services

Federal Communications Commission chairman Ajit Pai said on Wednesday he opposes China Mobile Ltd's bid to provide U.S. telecommunications services, citing security risks, and said the commission will vote on whether to deny the company's application in May.

Facebook working on voice assistant to rival Amazon's Alexa

Facebook Inc is working to develop a voice assistant to rival the likes of Amazon.com Inc's Alexa, Apple Inc's Siri and Alphabet Inc's Google Assistant.

EU parliament votes to fine internet firms for not removing extremist content quickly

The European parliament voted on Wednesday to fine firms like Facebook, Google and Twitter up to 4 percent of their turnover if they persistently fail to remove extremist content within one hour of being asked to do so by authorities.

Uber nears investment deal for self-driving car unit: WSJ

Uber Technologies Inc is nearing a deal with a group, including SoftBank Group Corp, to invest in its self-driving car unit to be valued at $7.25 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Amazon to close domestic marketplace business in China: sources

Amazon.com Inc plans to close its domestic marketplace business in China by mid-July, people familiar with the matter told Reuters on Wednesday, focusing efforts on its more lucrative businesses selling overseas goods and cloud services in the world's most populous country.

Facebook working on voice assistant to rival Amazon's Alexa: CNBC

Facebook Inc is working on a voice assistant to rival the likes of Amazon.com Inc's Alexa, Apple Inc's Siri and Alphabet Inc's Google Assistant, CNBC reported https://www.cnbc.com/2019/04/17/facebook-building-voice-assistant-to-rival-amazon-alexa-and-apple-siri.html on Wednesday, citing several peop...

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U.S. advances review of Musk's Baltimore-Washington tunnel project

The U.S. Transportation Department on Wednesday issued a draft environmental assessment for a Washington, D.C. to Baltimore tunnel that would carry passengers between the cities at high speeds in autonomous electric vehicles, the first step in a joint federal-state review of the Elon Musk project.

How Not to Acknowledge a Data Breach

I’m not a huge fan of stories about stories, or those that explore the ins and outs of reporting a breach. But occasionally I feel obligated to publish such accounts when companies respond to a breach report in such a way that it’s crystal clear they wouldn’t know what to do with a...

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FCC chairman opposes China Mobile bid to provide U.S. services

Federal Communications Commission chairman Ajit Pai said on Wednesday he opposes China Mobile Ltd's bid to provide U.S. telecommunications services and that the commission will vote on whether to deny the application in May.

Apple accused in U.S. lawsuit of securities fraud over iPhone sales in China

Apple Inc was accused in a new lawsuit of securities fraud for concealing a slump in demand for iPhones, particularly in China, leading to a $74 billion one-day slide in its market value once the truth became known. The complaint filed on Tuesday seeks damages for investors who bought Apple stock in...

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EU lawmakers back wifi-based car standard in win for Volkswagen

The European Commission's push for a wifi-based standard for cars backed by Volkswagen took a big step forward on Wednesday after EU lawmakers endorsed the move over 5G technology promoted by BMW and Qualcomm.

Qualcomm gains $30 billion in market value after Apple settlement

Qualcomm Inc added $30 billion to its market value after it resolved a legal battle with Apple Inc, a move that secures its leadership in 5G phone chips and could pave the way for a similar settlement with China's Huawei Technologies.

Continental, Valeo seek EU antitrust action against Nokia

German car parts maker Continental and French rival Valeo have joined Daimler and Bury Technologies to seek an EU antitrust investigation into Nokia's patent licensing practices for cars, the Finnish tech company said on Wednesday.

New U.S. venture capital fund launched with focus on blockchain; $50 million funding

Proof of Capital, a U.S. venture capital fund, was launched on Wednesday with funding of $50 million, its founders said in a statement. The fund will invest in blockchain projects.

Samsung denies any involvement in theft of supplier ASML's secrets

South Korean electronics manufacturer Samsung on Wednesday denied any involvement in an intellectual property theft from supplier ASML.