China approves plan for new tech exchange in Shanghai: Xinhua

China has approved a plan to set up a Nasdaq-style board for tech companies in Shanghai aimed at improving their ability to raise funds, the official Xinhua news agency reported on Wednesday.

UK watchdog flags possible ban on some crypto-related trading

Britain's markets watchdog said on Wednesday it would consult later in the year on a proposed ban on selling derivatives linked to certain types of crypto assets to retail customers.

Subaru halts bulk of global car output over part defect

Subaru Corp said its sole car factory in Japan, accounting for roughly 60 percent of global production, could be out of action for almost two weeks after it discovered a suspected defect in a power-steering component.

China's Baidu pledges to improve search service after complaint

China's top search engine Baidu Inc said on Wednesday it will improve its media aggregating service after a complaint about the quality of the service and its search results went viral on social media, helping send its shares down sharply.

O2 and Vodafone extend UK network sharing deal to include 5G

Telefonica's O2 and Vodafone have stepped up their challenge to British market leader BT by extending their network sharing deal to cover 5G, enabling them to accelerate the deployment of the faster mobile service at a lower cost.

J&J eying surgical robotics firm Auris Health: Bloomberg

Johnson & Johnson is pursuing an acquisition of surgical robotics firm Auris Health Inc, Bloomberg reported on Wednesday, citing people with knowledge of the matter.

UK's Computercenter sees full-year profit above expectations

British IT services company Computacenter Plc said on Wednesday it expects full-year adjusted pretax results to be marginally above its own expectations, helped by higher IT spending in Germany and the United Kingdom.

OurCrowd, 7thirty launch $30 million fund to invest in cannabis tech

Israeli equity crowdsourcing platform OurCrowd is partnering and investing with 7thirty to build a global cannabis technology venture capital fund, the companies said on Wednesday.

Subaru faces profit hit as Japan car output halted over part defect

Subaru Corp said its sole car factory in Japan accounting for roughly 60 percent of global production could be out of action for almost two weeks after it discovered a suspected defect in a power-steering component.

Google, Facebook spend big on U.S. lobbying amid policy battles

Alphabet Inc's Google disclosed in a quarterly filing on Tuesday that it spent a company-record $21.2 million on lobbying the U.S. government in 2018, topping its previous high of $18.22 million in 2012, as the search engine operator fights wide-ranging scrutiny into its practices.

Bomb Threat, Sextortion Spammers Abused Weakness at GoDaddy.com

Two of the most disruptive and widely-received spam email campaigns over the past few months — including an ongoing sextortion email scam and a bomb threat hoax that shut down dozens of schools, businesses and government buildings late last year — were made possible thanks to an aut...

Continue reading

Japan Display shares jump on latest report of rescue

Shares in Japan Display jumped 11 percent on Wednesday after a report said the smartphone screen maker was in talks for funding from Taiwan's TPK Holding Co and China's Silk Road Fund in exchange for a stake of around 30 percent.

Subaru halts Japan car output on defective part, shares slide

Subaru Corp said its sole car factory in Japan accounting for roughly 60 percent of global production had halted output a week ago after it discovered a defect in a component procured from a supplier.

Subaru says Japan car output halted due to defective part

Subaru Corp said its sole car factory in Japan accounting for roughly 60 percent of global production had halted output a week ago after it discovered a defect in a component procured from a supplier.

Google spends big on U.S. lobbying amid antitrust, bias battles

Alphabet Inc's Google disclosed on Tuesday that it spent a company-record $21.2 million on lobbying the United States government in 2018, topping its previous high of $18.22 million in 2012, as the search engine operator fights wide-ranging scrutiny into its practices.

Viacom will buy Pluto TV streaming service for $340 million

Viacom Inc said on Tuesday it will buy Pluto TV, a free video streaming TV service, for $340 million in cash to expand its advanced advertising business.

Cloud, services fuel IBM's profit beat, robust outlook; shares jump

IBM Corp beat analysts' fourth-quarter earnings estimates and forecast full-year profit above expectations on Tuesday, as the company benefits from its focus on newer businesses such as cloud, software and services, sending its shares up about 7 percent.

Explainer: What happens next in Huawei CFO Meng's case?

The U.S. Justice Department said on Tuesday it will pursue the extradition of Huawei Technologies Co Ltd's [HWT.UL] Chief Financial Officer Meng Wanzhou, arrested in Canada in December on allegations she participated in a conspiracy to defraud banks.

IBM revenue beats estimates on strength in cloud, services businesses

IBM Corp reported a smaller-than-expected 3.5 percent drop in fourth-quarter revenue on Tuesday, as higher sales in its newer businesses such as cloud, software and services partially offset tapering sales of its latest mainframe computers and the pressures from a strong dollar.

U.S. will seek extradition of Huawei CFO from Canada

The U.S. Justice Department said on Tuesday it will pursue the extradition of the chief financial officer of China's Huawei Technologies Co Ltd's [HWT.UL], arrested in Canada in December.