Tesla cuts jobs as it looks to make Model 3 more affordable

Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower-priced versions of its crucial Model 3 sedan, sending its shares down as much as 10 percent.

Canada dismisses China's warning of repercussions over Huawei ban

Canada's government on Friday dismissed China's warning of repercussions if Ottawa banned Huawei Technologies Co Ltd [HWT.UL] from supplying equipment to 5G networks, saying it would not compromise on security.

Chinese drone maker DJI uncovers corruption, sees $150 million loss

China's SZ DJI Technology Co Ltd, the world's largest maker of consumer drones, has discovered several cases of serious corruption at the company and expects 2018 losses of more than 1 billion yuan ($150 million) as a result, it said on Friday.

Tesla to cut workforce by 7 percent, sees small fourth-quarter profit

Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower priced versions of its crucial Model 3 sedan, sending its shares down 7 percent.

Netflix shares slip as weak forecast dampens investor optimism

Shares of Netflix Inc fell more than 2 percent on Friday, as several investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter.

Daily bitcoin transactions on darknet markets doubled throughout 2018: report

Use of bitcoin as a form of payment doubled in 2018 on darknet market sites, where users can buy anything from illegal drugs to fake IDs, even though the price of the cryptocurrency crashed, according to a study by data firm Chainalysis.

India's Wipro expects small rise in IT services revenue in quarter

Indian software services provider Wipro Ltd on Friday forecast a small rise in revenue growth from IT services for the quarter to March after beating third quarter profit estimates.

AT&T ads returning to YouTube, two years after pulling back over content

AT&T Inc said Friday it will again buy advertising on Alphabet Inc's YouTube, nearly two years after the U.S. wireless carrier left the video platform when it discovered its ads may have appeared next to inappropriate content.

Austrian data privacy activist files complaint against Apple, Amazon, others

Apple and Amazon are among eight tech firms named in a complaint filed in Austria by non-profit organization noyb, which cited their failure to comply with the European Union's General Data Protection Regulation (GDPR).

India's Wipro third-quarter profit beats estimates

Indian software services provider Wipro Ltd reported a better than expected rise in third-quarter profit on Friday, and forecast slightly higher sequential revenue growth from IT services for the March quarter.

German security is important for 5G network: Interior Ministry

National security is important for the German government in deciding which companies will get access to build its next-generation mobile networks, a spokesman for the Interior Ministry said on Friday.

Tencent weighing bid for holding company behind Korea's Nexon: sources

Chinese gaming titan Tencent Holdings Ltd is considering a bid for the holding company that controls South Korean gaming company Nexon, two sources with knowledge of the matter told Reuters.

Chinese drone maker DJI expects $150 million loss due to corruption: report

The world's largest maker of consumer drones, China's SZ DJI Technology Co Ltd, expects losses of more than 1 billion yuan ($150 million) for 2018 due to internal corruption, the state-run China Securities Journal said on Friday.

Foxconn cuts 50,000 contract jobs in China: Nikkei

Apple Inc's biggest iPhone assembler Foxconn Technology Group has let go around 50,000 contract workers in China since October, months earlier than normal, Nikkei reported on Friday.

India's Wipro third-quarter profit surges 30 percent

Indian software services provider Wipro Ltd reported a 30 percent jump in third-quarter profit on Friday, beating analyst estimates and helped by higher revenue from its IT services.

Salesforce to double presence in Ireland with 1,500 new jobs

Salesforce.Com will more than double its workforce in Ireland by adding 1,500 jobs in what the state's foreign investment agency said was one of the largest single job announcements in its 70-year history.

Netflix forecast misses Wall Street view, shares dip

Netflix Inc reported revenue and a first-quarter forecast slightly below Wall Street estimates on Thursday, sending shares of the world's largest streaming service down 4 percent in after-hours trading.

Strap yourself in: Netflix is about to report

Shares of Netflix up 0.2 pct on Thursday in likely calm before the storm as the streaming video company co prepares to report Q4 results after the bell

Netflix: Down after co misses fourth-quarter revenue estimates

** Netflix's shares down 4.5 pct at $337.46 in extended trading - if losses hold on Friday, stock set for its biggest 1-day fall so far this year

China's envoy to Canada says Huawei 5G ban would have repercussions

China's envoy to Canada on Thursday warned Ottawa there would be repercussions if it banned technology firm Huawei Technologies Co Ltd [HWT.UL] from supplying equipment to Canadian 5G networks, the latest blast in a deepening bilateral dispute.