Brazilian startup Volanty gets capital injection led by SoftBank

Brazil's digital used car portal Volanty has received an infusion of 70 million reais ($17.6 million) from venture capital funds led by Japan's SoftBank and Kaszek of Argentina.

Tesla stands by safety claims despite U.S. probes, subpoenas over crashes

Electric carmaker Tesla Inc stood by its Model 3 safety claims on Wednesday in the face of regulatory scrutiny, while documents showed the top U.S. automotive safety watchdog issued at least five subpoenas since last year seeking information about crashes involving the company's vehicles.

U.S. government contractors get first look at Huawei ban

The U.S. agency responsible for government contracts on Wednesday released an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei.

FedEx ends ground delivery partnership with Amazon

FedEx Corp confirmed on Wednesday it would terminate its contract with Amazon.com Inc for small-package ground deliveries, as the online retailer focuses on building out its own delivery network.

White House to host meeting with tech companies on violent extremism online

The White House will discuss violent extremism online with representatives from a number of Internet and technology companies on Friday, according to a White House spokesman.

U.S. government contractors to get first look at Huawei ban today

The White House Office of Management and Budget is slated on Wednesday to release an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei, a senior administration official said.

British Airways resuming services after latest IT meltdown

British Airways said its flights were returning to normal after passengers had to endure cancellations, delays and long queues at London airports as the airline suffered its third major computer failure in a little more than two years.

British Airways says technical problems at London airports have been resolved

Problems with British Airways' computer systems, which led to cancellations, delays and long queues at London airports on Wednesday have been resolved, a spokesman said.

Tesla faced U.S. agency scrutiny last year over Model 3 safety claims

Tesla Inc received a cease-and-desist letter last year from the U.S. National Highway Traffic Safety Administration (NHTSA) for making misleading statements over safety ratings of its Model 3 cars, according to documents seen by Reuters.

Chinese government hackers suspected of moonlighting for profit

One of the most effective teams of Chinese government-backed hackers is also conducting financially-motivated side operations, cybersecurity researchers said on Wednesday.

FedEx to end ground-delivery partnership with Amazon

FedEx Corp confirmed on Wednesday it would terminate its contract with Amazon.com Inc for small-package ground deliveries, as the online retailer focuses on building out its own delivery network.

British Airways passengers face chaos after latest IT failures

Thousands of British Airways passengers had to endure cancellations, delays and long queues at airports as the airline suffered its third major computer failure in a little more than two years.

British Airways IT failures create chaos for passengers

Problems with British Airways' IT systems left thousands of passengers facing flight cancellations, delays and long queues at airports in the airline's third major computer failure in a little more than two years.

SoftBank says Vision Fund 2 could start investing soon, bags big gains on first

SoftBank Group Corp's second Vision Fund could start investing as soon as next month, founder and Chief Executive Masayoshi Son said, as the technology conglomerate reported a leap in profits at its first $100 billion fund.

Tesla considers raising prices in China from September: sources

U.S. electric vehicle maker Tesla Inc is considering lifting its prices in China from September amid yuan-related uncertainty, two people familiar with the matter said.

Kazakhstan halts introduction of internet surveillance system

Kazakhstan has halted the implementation of an internet surveillance system criticized by lawyers as illegal, with the government describing its initial rollout as a test.

SoftBank's profit blows past estimates on Vision Fund gains

Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vision Fund.

British Airways flights disrupted by IT failures

Problems with British Airways' IT systems left passengers facing flight delays and long queues at airports on Wednesday in the midst of the peak summer holiday period.

British Airways cancels some flights due to IT failure

British Airways said on Wednesday it had canceled some short-haul flights from Heathrow, Gatwick and London City airports because of an IT systems failure.

Saudi, Abu Dhabi showing 'high interest' in investing in VF2: SoftBank's Son

SoftBank Group Corp founder and CEO Masayoshi Son said on Wednesday Saudi Arabia and Abu Dhabi are showing "high interest" in investing in the second Vision Fund.

Half of British homes subscribe to a TV streaming service

Nearly half of British homes subscribe to a streaming service such as Netflix, Amazon Prime Video, Now TV or Disney Life, as traditional TV viewing continues to decline, according to media regulator Ofcom.

British Airways hit by problems with online check-in system

British Airways experienced problems with its online check-in system on Wednesday that disrupted some flight departures.

Toyota turns to AI startup to accelerate goal of robots for the home

Toyota Motor Corp has designs on making robot helpers for your home, and has enlisted a Japanese startup that specializes in artificial intelligence to jump-start its plan.

SoftBank Group's profit blows past estimates on Vision Fund gains

Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vision Fund.

Tesla scrutinized by U.S. agency over Model 3 safety claims: Bloomberg

The U.S. National Highway Traffic Safety Administration (NHTSA) sent a cease-and-desist letter to Tesla Inc last year for not complying with the agency's guidelines in its Model 3 safety assertions and subpoenaed the carmaker for information on several crashes, Bloomberg reported on Tuesday.

Two U.S. senators raise privacy concerns over Facebook's Messenger Kids

Democratic U.S. senators Edward Markey and Richard Blumenthal have written to Facebook Inc questioning whether there was a "worrying pattern" of poor privacy protection for children using its Messenger Kids app.

Toshiba quarterly profit jumps on cost cuts, but misses estimates

Japan's Toshiba Corp reported on Wednesday a 10-fold jump in first-quarter operating profit as it stepped up cost cuts across divisions, but the profit missed analyst estimates.

Disney to bundle Disney+, Hulu, ESPN+ at popular Netflix price

Walt Disney Co on Tuesday said it would offer a $13-per-month bundle of its three streaming services starting in November, a move to attract audiences who have embraced digital services such as Netflix Inc .

Factbox: Marvel, monsters and 'Mandalorian' coming to Disney+ app

Walt Disney Co is set to launch its family-friendly streaming service, Disney+, later this year with a slate of new and classic TV shows and movies, as the company founded on theme parks and big-screen movies builds a digital entertainment business.

Smartphone protective case maker Zagg hires bank to explore options

Zagg Inc, a U.S. manufacturer of protective cases for smartphones and tablets, said on Tuesday it had retained Bank of America Corp to explore "strategic alternatives to maximize shareholder value."