Arm Holdings still aiming for 2023 return to public markets, CEO says

Arm Holdings, the semiconductor technology firm owned by Softbank Group Corp, still plans to return to the public markets by 2023, its chief executive said on Tuesday.

Twitter says user data meant for security purposes may have gone to advertisers

Twitter Inc said on Tuesday email addresses and phone numbers uploaded by users to meet its security requirements may have been 'inadvertently' used for advertising purposes.

Goldman Sachs evaluating involvement in Megvii IPO after U.S. action

Goldman Sachs Group Inc said on Tuesday it is reviewing its involvement in Megvii Technology Ltd's planned initial public offering (IPO) in light of U.S. action against the Chinese artificial intelligence firm.

China state newspaper criticizes Apple for app use by Hong Kong protesters

The Chinese Communist Party's official newspaper, the People's Daily, lashed out on Tuesday at Apple Inc for allowing an app on its app store that tracks the movement of police around Hong Kong and is used by protesters in ongoing and sometimes violent demonstrations.

Venezuela designers turn to piracy after Adobe announces it will cut service

Venezuelans on Tuesday desperately explored piracy workarounds to continue using Adobe programs after the software developer said it will cut access to its products for the country's users, citing U.S. sanctions, in a move critics said demonstrated the unintended consequences of the Trump administra...

Continue reading

Arm joins with GM, Toyota to find common ground on car chips

Arm Holdings, the British chip technology firm owned by Japan's Softbank Group Corp, is joining with automakers General Motors Co and Toyota Motor Corp to establish common computing systems for self-driving cars, an effort the companies hope will speed development of the technology.

Italy's economy minister sees web tax launch next year

Italy will implement a planned "web tax" in 2020, obliging big digital companies to pay a 3% levy on some Internet transactions, Economy Minister Roberto Gualtieri said on Tuesday.

Mubadala weighing investment in second SoftBank tech fund: executive

Abu Dhabi state fund Mubadala Investment Co has not yet decided whether to invest in SoftBank's second large-scale tech investment fund, one of its top executives said on Tuesday.

Albanian teens develop app for domestic violence victims

Three Albanian 16-year-old girls have developed an app to help victims of domestic violence access support, hoping to tackle a huge problem in Albania, where one in two women suffered abuse last year, according to a survey.

Wirecard raises long-term growth targets; analysts unconvinced

German payments group Wirecard raised its long-term outlook on Tuesday, but the company's shares fell as analysts questioned the ability of any tech company to give a precise forecast for its business in five years' time.

Spooked by Libra, EU pledges to regulate digital currencies

The European Union's finance commissioner pledged on Tuesday to propose new rules to regulate virtual currencies, in a reaction to Facebook's plans to introduce Libra, which the EU considers a risk to financial stability.

'Call of Duty Mobile' smashes records with 100 million downloads in first week

The mobile version of videogame franchise "Call of Duty" racked up 100 million downloads in its first week, industry site Sensor Tower said on Tuesday, dwarfing the debuts of previous smashes including "Fortnite" and "PlayerUnknown's Battlegrounds" (PUBG).

Factbox: U.S. adds eight Chinese firms to trade blacklist

The U.S. government expanded its trade blacklist on Monday to include some of China's top artificial intelligence (AI) startups over Beijing's treatment of Muslim minorities.

U.S. expands blacklist to include China's top AI startups ahead of trade talks

The U.S. government widened its trade blacklist to include some of China's top artificial intelligence startups, punishing Beijing for its treatment of Muslim minorities and ratcheting up tensions ahead of high-level trade talks in Washington this week.

EU finance commissioner pledges to regulate digital currencies

The European Union's finance commissioner pledged on Tuesday, if he is reappointed, to propose new rules to regulate virtual currencies such as Libra, the currency Facebook plans to launch.

Sorrell buys Silicon Valley's Firewood in pursuit of red-hot digital growth

Martin Sorrell's S4 Capital has bought Silicon Valley's biggest independent agency, Firewood, for $150 million in its latest deal to form a purely digital global advertising firm.

China, asked about U.S. blacklisting of Chinese firms, says will protect its sovereign security

China's foreign ministry said on Tuesday that China will continue to take firm and resolute measures to protect its sovereign security, when asked about the U.S. blacklisting of Chinese firms.

EU to regulate crypto currencies such as Facebook's Libra: Dombrovskis

The nominee to become the European Union's next finance commissioner pledged on Tuesday to propose new rules to regulate crypto currencies such as Facebook's Libra.

Sorrell's S4 Capital content arm buys Firewood ad agency in digital push

S4 Capital's content unit, MediaMonks, is set to merge with Silicon Valley's biggest independent agency, Firewood, as the Martin Sorrell advertising vehicle ramps up its digital push and raises funds to expand.

Strong smartphone sales raise hopes of Samsung turnaround

Strong sales of Samsung Electronics' Galaxy Note 10 smartphone series are limiting forecast profit falls at the South Korean tech giant, raising hopes it is getting back on a growth track after years of moribund sales.