Elliott hikes stake in German 3D printer SLM Solutions to 29 percent

Activist investor Elliott has hiked its stake in German 3D printing firm SLM Solutions to 29.8 percent and is bringing in new supervisory board members following a series of profit warnings and a slump in the company's share price.

China's top market regulator calls for crackdown on online ad content

China's top market regulator on Friday demanded online platforms police advertisements more closely, marking another effort from the government to clean up "illegal" web content.

Huawei urges U.S. to drop 'loser's attitude' as carrier business revenue slips

China's Huawei Technologies called on Washington to drop the "loser's attitude" and once again rubbished U.S. allegations its gear could be used by Beijing for spying, as its network business weakened amid mounting global scrutiny.

Facebook removes online network in Philippines over 'inauthentic behavior'

Facebook Inc has removed a social media network in the Philippines for "coordinated inauthentic behavior", and took the unusual step of linking it to a businessman who said he had managed the president's online election campaign in 2016.

Facebook blocks 200 accounts in Philippines

Facebook Inc said on Thursday the company removed 200 pages, groups and accounts on Facebook and Instagram in the Philippines, citing "coordinated inauthentic behavior".

China's Huawei posts 25 percent rise in 2018 profit on smartphone sales

China's Huawei Technologies, the world's third-largest smartphone maker, reported a 25 percent jump in 2018 net profit, buoyed by a solid performance in its home market and a booming smartphone business.

Amazon Web Services to open infrastructure location in Colombia

Amazon Web Services (AWS), a unit of Amazon.com Inc, said on Thursday it will open a Latin America infrastructure location in Colombia and help train 2,000 students in cloud technology.

Facebook tightens rules on political ads ahead of EU vote

Facebook Inc toughened its rules on political advertising in Europe on Friday under pressure from EU regulators to do more to guard against foreign meddling in the bloc's upcoming legislative election. Chastened since Russia used the social media platform to influence polls that swept U.S. President...

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Amazon Web Services to open Latin America computer center in Colombia

Amazon Web Services (AWS), a unit of Amazon.com Inc, said on Thursday it will open a Latin American computer center in Colombia and help train 2,000 students in digital technology.

Aerion designing supersonic jet to run completely on biofuels: CEO

Supersonic jet developer Aerion Corp is designing its first plane to run completely on biofuels to reduce emissions, even as the company calls for new global standards for planes that can conquer the sound barrier, the company's chief executive said on Thursday.

Buffett says Apple content plan hard to predict, touts airline safety

Warren Buffett on Thursday said he could not predict the success of Apple Inc's new suite of services but was confident the public would benefit as content providers vie for their wallets.

U.S. charges Facebook with racial discrimination in targeted housing ads

The Trump administration accused Facebook Inc on Thursday of selling targeted advertising that discriminated on the basis of race in violation of the U.S. Fair Housing Act.

Google, Cuba agree to work toward improving island's connectivity

Alphabet Inc’s Google signed a deal with Cuban telecoms monopoly ETECSA on Thursday to work toward improving internet traffic exchange between their two networks and connectivity on the Communist-run island.

Russia threatens to block popular VPN services to prevent website access

Russia's communications watchdog threatened on Thursday to block access to popular VPN-services which allow users to gain access to websites which have been outlawed by Moscow.

Explainer: Telecom Italia at crossroads over network's future

Italy is pushing to create a single ultrafast broadband operator by merging Telecom Italia's copper and fiber network with smaller rival Open Fiber to avoid duplicating investments and narrow the digital divide with Europe.

Google, Cuba agree to work towards improving island's connectivity

Alphabet Inc’s Google signed a deal with Cuban telecoms monopoly ETECSA on Thursday to negotiate an agreement to improve internet traffic exchange between their two networks and connectivity on the Communist-run island.

German mobile challenger Drillisch would sacrifice dividend for 5G bid

Internet billionaire Ralf Dommermuth said on Thursday he wanted to seize the chance to become Germany's fourth mobile network operator, but was prepared to walk away if the cost turns out to be prohibitive.

Deutsche Telekom still confident T-Mobile-Sprint deal will go through

Deutsche Telekom is still confident of winning the approval of U.S. regulators for U.S. unit T-Mobile's $26 billion deal to take over Sprint, CEO Tim Hoettges said on Thursday.

Facebook charged with racial discrimination in targeted housing ads

The U.S. Department of Housing and Urban Development (HUD) charged Facebook Inc on Thursday with violating the Fair Housing Act, alleging that the company's targeted advertising discriminated on the basis of race and color.

Sony to close smartphone plant in China to cut costs

Sony Corp is closing its Beijing smartphone plant, a spokesman said on Thursday, as the Japanese electronics giant cuts costs in an attempt to make the money-losing handset business profitable from next year.