Spotify steps into crowded Indian market

Spotify, the world's most popular paid music streaming service, launched in India on Tuesday, stepping into a price-sensitive market crowded by well-funded local players like JioSaavn and Apple Music.

Volkswagen deepens cloud computing partnership with Microsoft

Volkswagen said on Wednesday it had struck a deal with Microsoft to cooperate on cloud computing in China and the United States, as part of its drive to offer connected vehicle services across the globe.

FedEx partners with Walmart, Pizza Hut to test last-mile delivery robot

FedEx Corp this summer plans to begin testing a robot to handle home deliveries for partners ranging from Walmart Inc to Pizza Hut.

Volvo's Polestar joins electric car race with rival to Tesla 3

Volvo Cars' luxury performance brand Polestar unveiled online its first fully electric sedan on Wednesday, with a price and driving range to rival Tesla's mass market Model 3.

Swisscom cannot be forced to block illegal film websites: court

Swiss telecom company Swisscom cannot be forced to block access to foreign internet sites that illegally make films available, the highest Swiss court said on Wednesday, ending a three-year-old copyright case brought by a local film company.

ITV, BBC to team up for 'BritBox' on-demand TV streaming service

British broadcaster ITV is teaming up with publicly funded rival the BBC to launch a new streaming service for UK viewers, a Netflix-style offering of British box-sets and original series.

Spotify launches music streaming service in India

Spotify launched its music streaming service in India on Wednesday, stepping into a market crowded by local players including JioSaavn, Gaana, Amazon Music and Airtel's Wynk.

Indonesia cannot 'be paranoid' about curbing Huawei as telcos sign deals: minister

Indonesia "can't be paranoid" about curbing the use of Huawei's wireless technology over security concerns, as too many of its telecommunication companies are dependent on foreign equipment, communications minister Rudiantara told Reuters.

M&S taps investors and cuts dividend to fund Ocado deal

British retailer Marks & Spencer will raise cash from investors and cut its dividend to finance a joint venture with online supermarket pioneer Ocado that will give M&S a full online food delivery service for the first time.

Amazon, Comcast, Electronic Arts submit bids for Nexon holding firm: Maeil report

Amazon.com Inc, Comcast Corp and Electronic Arts Inc submitted initial bids for the holding firm of South Korea's biggest gaming firm Nexon, Maeil Business Newspaper said on Wednesday, citing investment banking sources.

Huawei, Samsung agree to settle patent dispute in U.S. court

China's Huawei Technologies and South Korea's Samsung Electronics have agreed to settle a two-year old patent dispute in the United States, court documents show.

Go-Jek begins services in Thailand, says Philippine launch to be 'pretty fast': CEO

Indonesia's Go-Jek has begun services in Thailand and is working toward entering the Philippines, founder and chief executive Nadiem Makarim said on Wednesday, as the ride-hailing firm continues to up its game against regional market leader Grab.

UK's M&S pays 750 million pounds to seal Ocado online food tie-up

British retailer Marks & Spencer (M&S) has agreed a joint venture with online supermarket pioneer Ocado that would give M&S a full online food delivery service for the first time, the companies said on Wednesday.

ITV, BBC to team up for 'BritBox' streaming service

British broadcaster ITV is teaming up with publicly-funded rival the BBC to create "BritBox", a UK rival to subscription streaming service Netflix.

Africa's top pay-TV group MultiChoice's market cap tops $3 billion on JSE debut

Africa's biggest pay-TV group MultiChoice debuted on the Johannesburg Stock Exchange on Wednesday with shares opening at 95.50 rand, giving the company a market capitalization of 42 billion rand ($3.03 billion).

ITV to team up with BBC in 'BritBox' subscription streaming offer

UK broadcaster ITV said on Wednesday it was teaming up with the BBC to create a British rival to Netflix called "BritBox".

UK's M&S pays £750 million to seal Ocado online food tie-up

British retailer Marks & Spencer (M&S) has agreed a joint venture with online supermarket pioneer Ocado that would give M&S a full online food delivery service for the first time, the companies said on Wednesday.

Airbus, OneWeb aim to kick off new satellite era with first launch

A rocket carrying six satellites built by Airbus SE and partner OneWeb was due to blast off from French Guiana on Wednesday, the first step in a plan to give millions of people in remote and rural areas access to high-speed internet beamed down from space.

Sunrise in advanced talks for Liberty Global's $6.3 billion Swiss unit

Sunrise Communications has entered "advanced discussions" to buy Liberty Global's Swiss business in a deal which values the internet and digital television provider at 6.3 billion Swiss francs ($6.30 billion).

Chinese AI chip maker Horizon Robotics raises $600 million from SK Hynix, others

Chinese chip maker Horizon Robotics said on Wednesday it had raised $600 million in its latest funding round, bringing its valuation to $3 billion, amid a push from Chinese companies and the government to boost the semiconductor industry.