The Trump administration could respond by next week to companies that have requested special licenses to sell to Chinese telecoms giant Huawei Technologies Co Ltd, U.S. Commerce Secretary Wilbur Ross said on Tuesday during a visit to Brazil.

Five major retailers, including Amazon.com Inc and Walmart Inc , were sued on Tuesday by the University of California over what it called the "existential threat" when foreign manufacturers infringe schools' patents.

The Trump administration could by next week issue decisions to companies that have requested special licenses to sell to Chinese telecoms giant Huawei, U.S. Commerce Secretary Wilbur Ross said on Tuesday during a visit to Brazil.

Five major retailers, including Amazon.com Inc and Walmart Inc, were sued on Tuesday by the University of California over what it called the "existential threat" when foreign manufacturers infringe schools' patents.

A bill introduced by a Republican U.S. senator on Tuesday aims to curb overuse of social media use by banning Snapchat's Snapstreak feature, among elements on other social media networks.

Five major retailers, including Amazon.com Inc and Walmart Inc, were targeted in lawsuits filed on Tuesday by the University of California over what it called the "existential threat" posed by foreign manufacturers that infringe schools' patents.

BMCE Bank is looking to build on its ties with China to help finance and develop a new industrial city in the north of Morocco, its president and chief executive told Reuters.

Saudi Arabia's capital market regulator on Tuesday approved two companies to test using robo-advisory services, or computer-generated advice for investors, as part of moves by the Arab world's biggest economy to encourage the use of financial technology.

Capital One Financial Corp was sued on Tuesday after the bank said a hacker who has since been arrested accessed personal information belonging to about 106 million people in the United States and Canada.

Capital One Financial Corp shares fell as much as 5.8% on Tuesday as investors worried about its management of customer data after the credit-card issuer said information for 106 million people had been compromised.

Pay-TV software maker Synamedia, supplier to Comcast's Sky and AT&T's Direct TV, believes the pay-TV market will continue to grow despite the rise of streaming services such as Netflix and Amazon Prime Video.

New York's attorney general on Tuesday said her office will begin an immediate investigation into Capital One Financial Corp's data breach, which the bank said involved the access of personal information belonging to about 100 million people in the United States.

GrubHub Inc's quarterly profit missed analyst estimates on Tuesday, hit by soaring costs as the online food delivery company faces off against rivals Uber Eats and DoorDash, sending its stock down 6.6%.

Amazon.com Inc said on Tuesday its cloud unit was not compromised in any way by a former employee who hacked into Capital One Financial Corp and obtained personal information including names and addresses of about 100 million individuals.

Czech Republic-based Nordic Telecom, aiming to become the country's fourth mobile operator, wants an upcoming auction of new-generation 5G frequencies to offer a greater proportion of spectrum for potential newcomers.

GrubHub Inc reported a slump in quarterly profit on Tuesday, hurt by soaring costs as the online food delivery company faces off against rivals Uber Eats and DoorDash, sending its stock down 6% in trading before the bell.

Russia will rework a draft law on limiting foreign ownership in major IT companies to take into account the opinions of market players including Yandex, Interfax said on Tuesday, citing the lawmaker who drew up the proposal, Anton Gorelkin.

Blockchain, one of the world's largest digital currency wallet companies, announced on Tuesday the launch of a cryptocurrency exchange called The PIT that aims to execute trades in microseconds for retail and institutional investors.

Chinese tech giant Huawei Technologies warned on Tuesday a U.S. trade blacklisting will impact short-term revenue growth, even as its half-year revenue surged 23% thanks to soaring smartphone sales at home.

Israel's monday.com, a work management platform, said on Tuesday it raised $150 million in a late-stage financing round, bringing total funding to $234.1 million.

Taiwan issued its first virtual banking licenses to three consortiums led by Taiwan and Japanese investors, its financial authorities said on Tuesday, following moves by regulators in other Asian markets to issue such licenses.

Japan's Sony Corp surprised the market by reporting on Tuesday a record first-quarter operating profit despite the slowing gaming business, as strong demand for multiple-lens camera systems for smartphones boosted sales of image sensors.

Mariana Krasteva, a 55-year old engineer, is one of more than four million Bulgarians, whose personal data was stolen in the country's biggest-ever cyber breach, leaving her fearful of what fraudsters might do with the information.

Japan's Sony Corp on Tuesday reported an 18.4% increase in first-quarter operating profit, beating market expectations thanks to a strong performance in the image sensor business.

Data of 18,000 people claimed to be customers of Italian payments firm Nexi have been published on a foreign website, but no financial information was disclosed, Nexi said on Tuesday.

Taiwan issued its first virtual banking licences to three consortiums consisting of Taiwan and Japanese investors, its financial authorities said on Tuesday, following moves by regulators in other Asian markets to issue such licences.

China's Huawei Technologies said on Tuesday revenue in the first half of the year grew 23.2% - faster than a year ago - despite an intense U.S. campaign against it that ultimately became a trade ban from mid-May.

SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed to the second, a source said, in a show of unflinching confidence in its huge tech bets commanding sky-high valuations when sold.

Japanese gaming company Nintendo Co Ltd on Tuesday reported a 10% decline in quarterly profit, far wide of market expectations, as a rise in costs dulled stronger sales of its hybrid home-portable Switch console.

China's Huawei Technologies said on Tuesday revenue in the first half of the year grew 23.2% - faster than a year ago - despite an intense U.S. campaign against it that ultimately became a trade ban from mid-May.