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'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.
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 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.
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.
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.
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 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.
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).
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.
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.
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.
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.
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.
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.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 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.
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'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 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.





