Huawei outsells smartphone rivals in China, tightens market grip amid U.S. spat

China's Huawei Technologies cemented its dominance of the domestic smartphone market in the second quarter, with shipments and market share rising, as Chinese customers backed the embattled firm amid its trade fight with the United States.

Telecoms lobby demands access to high-band spectrum for 5G

The global telecoms industry on Tuesday demanded access to the high-capacity spectrum it says it needs to support data-intensive 5G services, accusing the space lobby of hogging frequencies in a way that could stunt the technology.

Sony reports 18% jump in first-quarter profit on strong image sensor business

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.

Huawei's China smartphone market share jumps as rivals lose ground: Canalys

Huawei Technologies [HWT.UL] extended its lead in a declining China smartphone market in the second quarter, with its market share rising to 38% as all other top vendors lost ground, according to data from market research firm Canalys.

Capital One says information of over 100 million individuals in U.S., Canada hacked

Capital One Financial Corp said on Monday that personal information including names and addresses of about 100 million individuals in the United States and 6 million people in Canada were obtained by a hacker who has been arrested.

U.S. firms see little clarity on Huawei as U.S.-China talks resume

A month after President Donald Trump said he would allow U.S. companies to resume selling to blacklisted Chinese telecommunications giant Huawei, his administration has done little to clarify what sales will be permitted.

Ex-Seattle tech worker arrested for Capital One hack - U.S. Justice Department

The U.S. Justice Department said Paige Thompson, a former Seattle technology company software engineer, was arrested on Monday on a criminal complaint charging computer fraud and abuse for hacking into stored data of Capital One Financial Corp .

Capital One: information of over 100 million individuals in U.S., Canada hacked

Capital One Financial Corp said on Monday personal information including names, addresses, phone numbers and credit scores of about 100 million individuals in the United States and 6 million people in Canada were obtained by a hacker who has been arrested.

China's Beijing Kunlun to revisit Grindr IPO

Chinese gaming company Beijing Kunlun Tech Co Ltd said on Monday it would revive plans for an initial public offering (IPO) of popular gay dating app Grindr Inc, after a U.S. national security panel dropped its opposition to the plan.

Automakers, Colorado reach deal on zero-emission vehicle mandate

Colorado and major automakers said on Monday they have reached a deal on the state's plan to adopt California's zero-emission vehicle (ZEV) requirements after earlier talks had ended without a deal.

Qualcomm, Tencent agree to collaborate on gaming devices, 5G

Qualcomm Inc and Tencent Holdings Ltd said on Thursday they will cooperate on projects that could include making the Chinese company's videogames play better on devices with Qualcomm chips, and create a 5G version of a Tencent-backed gaming phone.

Japanese computer parts maker pleads guilty to price-fixing, agrees to fine

A Japanese electronics part maker agreed to pay $28.5 million for its role in a price-fixing scheme, the U.S. Department of Justice said on Monday.

Russia's Deputy PM: draft bill capping foreign stake in IT firms 'destructive'

Russia's Deputy Prime Minister Maxim Akimov on Monday called a draft law on limiting foreign ownership in major Russian information technology companies to 20% "destructive".

Uganda to start new vehicle production by June 2022

Uganda is aiming to start assembling new vehicles by June 2022, with an initial production capacity of 5,000 units per year, a top official of the state-owned Kiira Motors Corporation (KMC) told Reuters on Monday.  

Takeaway.com lands $10 billion Just Eat deal in food delivery race

Amsterdam-based Takeaway.com has agreed to buy Just Eat in an 8.2 billion pound ($10.1 billion) deal to create the world's largest online food delivery firm outside China in a race to rule the $100 billion market.

Activist investor Cat Rock calls Just Eat, Takeaway.com deal 'excellent news'

Investment firm Cat Rock on Monday lauded Amsterdam-based Takeaway.com's deal to buy Just Eat in an 8.2 billion pound ($10.05 billion) deal to create one of the world's largest online food delivery firms.

Amazon plans imminent launch of online food delivery service in India: sources

Amazon.com Inc is planning a foray into the burgeoning online food delivery business in India this year, two sources aware of the development said, in a move that could raise competition in an increasingly crowded market.

Companies using Facebook 'Like' button liable for data: EU court

Companies that embed Facebook's "Like" button on their websites allowing users' personal data to be transferred to the U.S. social network can be held liable for collecting the data, Europe's top court said on Monday.

Fintechs at the gate: online brokers target affluent Brazilians

A new breed of digital brokers is taking on the handful of Brazilian lenders such as Itau Unibanco Holding SA and Banco Bradesco SA that long had a lock on retail investors seeking a one-stop shop for banking and investments.

China's ByteDance, after Smartisan deal, says developing smartphone

Chinese social media firm ByteDance Ltd said on Monday it is developing a smartphone, following a deal it made with device maker Smartisan Technology.

Chipmaker TowerJazz second-quarter profit drops less than forecast, to expand capacity

Chip manufacturer TowerJazz posted a drop in second quarter profit as revenue fell due to a price cut for a renewed contract, and said it would invest $100 million to expand production capacity at a plant in Japan to meet growing demand.

Grab commits $2 billion to Indonesia with SoftBank's backing

Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital from Japan's SoftBank Group Corp, marking its biggest commitment in the region's most populous market.

Chipmaker TowerJazz second-quarter profit tops forecast, to expand capacity

Israeli chip manufacturer TowerJazz reported a less than expected drop in second quarter profit and said it would invest $100 million to expand production capacity at a plant in Japan to meet growing demand.

African cattle investing - the new cash cow?

Cattle have long been considered a measure of wealth across Africa - but it is not just farmers cashing in.

Deal-hungry Takeaway.com delivers $10 billion Just Eat takeover

Amsterdam-based online food delivery firm Takeaway.com has agreed to buy Just Eat in an all-share deal valuing the combined group, which will be one of the sector's largest, at about 8.2 billion pounds ($10.1 billion).

Grab to invest $2 billion in Indonesia using funds from SoftBank

Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japan's SoftBank Group Corp, which wants to increase its exposure to the region's most populous market.

Just Eat and Takeway.com agree terms of $10 billion merger

European online food delivery rivals Takeaway.com and Just Eat said on Monday they had agreed in principle to create one of the largest players in the sector globally through an 8.2 billion pounds ($10.1 billion) all-share deal.

From Belarus to Bahrain, the small states going big on cryptocurrency

When Belarusian President Alexander Lukashenko met entrepreneur Viktor Prokopenya in March 2017, their discussion was scheduled to last for an hour but went on for three times that long.

Grab says to invest $2 billion in Indonesia using funds from SoftBank

Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japanese technology investor SoftBank Group Corp.

SoftBank Group CEO says to invest $2 billion in ride-hailing app Grab

Japan's SoftBank Group Corp will invest $2 billion in ride-hailing app Grab, its chief executive, Masayoshi Son, told reporters in Jakarta on Monday.