U.S. lawmakers propose bill to fight bias in tech companies' algorithms

U.S. lawmakers proposed a bill on Wednesday that would require major tech companies to detect and remove any discriminatory biases embedded in their computer models, underscoring Washington's growing interest in regulating Silicon Valley.

Lyft shares hit new low as Uber IPO chatter revs up

Shares of recently listed Lyft Inc fell to a fresh low and closed the day down almost 11 percent on Wednesday on news that rival Uber Technologies Inc was close to filing its own initial public offering.

Bittrex virtual currency license rejected by New York financial regulator

The New York Department of Financial Services said on Wednesday it has rejected the application of Bittrex, a U.S.-based digital asset exchange, for a virtual currency license that it needs to operate in the state.

Palestinians condemn Airbnb about-face on delisting Israeli settlements

Airbnb's decision not to go ahead with excluding Jewish settlements in the West Bank from its accommodation listings Palestinian condemnation on Wednesday and accusations that it was helping to perpetuate Israeli occupation.

Google raises price of YouTube TV to $49.99, adds Discovery, Animal Planet

Alphabet Inc's Google on Wednesday raised the monthly membership price of its YouTube TV online service by 25 percent to $49.99, while adding channels such as Discovery, Animal Planet and TLC.

Bittrex virtual currency license rejected by NY financial regulator

The New York Department of Financial Services said on Wednesday it has rejected the application of Bittrex, a U.S.-based digital asset exchange, for a virtual currency license that it needs to operate in the state.

Siltronic profit warning knocks European chipmakers

Shares of European chipmakers fell sharply on Wednesday after German silicon wafer maker Siltronic warned of a "significantly" weaker second quarter in the latest setback for a sector reeling from slowing smartphone demand.

Exclusive: U.S. bill to boost electric car tax credits could rev GM, Tesla

A bipartisan group of U.S. lawmakers introduced legislation on Wednesday to expand the electric vehicle tax credit by 400,000 vehicles per manufacturer, a provision that would give a boost to Tesla Inc and General Motors Co before the existing credit comes to an end for them.

German stance on 5G security a 'positive step forward': U.S. official

The United States wants foreign governments to follow Germany in adopting stricter security standards for next-generation 5G telecoms networks, a U.S. cybersecurity official said on Wednesday, adding that doing so would effectively rule out the use of Chinese equipment vendors.

Exclusive: EQT, Digital Colony, Stonepeak group near deal to buy Zayo - sources

A consortium including investment firms Digital Colony Partners LP, EQT AB and Stonepeak Infrastructure Partners has secured exclusive rights to negotiate a deal to buy U.S. communications infrastructure provider Zayo Group Holdings Inc, people familiar with the matter said on Wednesday.

Germany's tough stance on 5G security a 'positive step forward': U.S. official

The United States wants foreign governments to follow Germany in adopting stricter security standards for next-generation 5G networks, a U.S. cybersecurity official said on Wednesday, adding that doing so would effectively rule out the use of Chinese equipment vendors.

Exclusive: U.S. lawmakers introduce bill to boost electric car tax credits

A bipartisan group of U.S. lawmakers will introduce legislation on Wednesday to expand the electric vehicle tax credit by 400,000 vehicles per manufacturer, a provision that would give a boost to General Motors Co and Tesla Inc before the existing credit comes to an end for them.

German regulator proposes to hike fees Deutsche Telekom can impose on rivals

Germany's Federal Network Agency on Wednesday said Deutsche Telekom could raise fees it charges rivals for accessing its "last mile" infrastructure, the last bit of cable connecting customers to the internet.

First Cobalt targets Canada plant restart within two years: CEO

First Cobalt Corp aims to restart an idled cobalt refinery in Canada within two years and is in talks to supply the battery-grade product to four leading automakers, chief executive Trent Mell said on Wednesday.

Two out of three hotels accidentally leak guests' personal data: Symantec

Two out of three hotel websites inadvertently leak guests' booking details and personal data to third-party sites, including advertisers and analytics companies, according to research released by Symantec Corp on Wednesday.

Deutsche Telekom says customers, operators pay price for 5G auction

The CEO of Deutsche Telekom criticized the amount companies will have to pay to get fifth generation mobile internet spectrum in Germany as the amount of total bids approached 5 billion euros ($5.6 billion) on Wednesday.

Japan telcos' 5G go-ahead cements curbs on Chinese vendors

Japan's telcos were formally allocated 5G spectrum by regulators on Wednesday, a major milestone ahead of the launch of high-speed wireless services next spring.

Japan's telcos get 5G nod from regulators

Japan's telcos were formally allocated 5G spectrum by regulators on Wednesday, a major milestone ahead of the launch of high-speed wireless services next spring.

U.S. firm's plan for Australia-China internet cable leaves Huawei trailing

U.S. submarine cable company SubCom said on Thursday it would lay an internet link from Australia to Hong Kong through Papua New Guinea, deepening its involvement in a region where China's Huawei Technologies Co Ltd has sought to expand.

March mobile phone shipments to China fall 6 percent as economy slows

Shipments of mobile phones to China fell 6 percent in March compared with the same year-earlier month, official figures showed on Wednesday, as slowing economic growth took a toll on the sector.