Tencent Cloud enters Japan, targets five-fold international revenue growth

Tencent Holdings on Friday said it has entered the cloud service market in Japan and the company targeted up to five-fold growth in international revenue of its cloud business this year.

WhatsApp to roll out payments feature in India this year

WhatsApp will roll out its payments service in India this year following a year-long pilot, its global chief Will Cathcart has said, as the Facebook-owned messaging giant taps an upsurge in digital payments in its dominant market.

Alibaba's chip division releases first core processor IP

The semiconductor division of Chinese tech giant Alibaba Group Holding Ltd released its first core processor IP on Thursday, as the e-commerce giant continues its steady push into advanced technologies.

Vodafone to create European mobile mast company with potential for IPO

Vodafone said on Friday it would move its mobile mast operations in 10 European markets into a new company that it potentially could list, in a move it said would unlock value for shareholders.

China's CATL to start battery storage business in Japan with Next Energy

China's electric vehicle battery maker Contemporary Amperex Technology Co Ltd (CATL) said it will start offering products to homes and plants in Japan in 2020, as it seeks to expand its global presence and diversify its business.

China probe finds FedEx may have held back over 100 Huawei packages: report

Chinese authorities investigating FedEx Corp suspect the U.S. delivery company illegally withheld more than 100 packages of Huawei Technologies and that it also violated other laws, state news agency Xinhua reported on Friday.

Factbox: How Australia plans to curb Facebook and Google's market power

The Australian Competition and Consumer Commission has found, after an 18-month investigation, that Google and Facebook hold enormous power in the country's online advertising and news distribution markets, and that antitrust and privacy laws have not caught up to the real world.

Australia to 'lift veil' on Facebook, Google algorithms to protect privacy

Australia said it would establish the world's first dedicated office to police Facebook Inc and Google as part of reforms designed to rein in the U.S. technology giants, potentially setting a precedent for global lawmakers.

SoftBank Group's $108 billion Vision Fund 2 draws in Microsoft, Apple

SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in technology firms, saying it has secured memoranda of understanding (MOU) for about $108 billion from companies including Microsoft Corp .

Australia to set up antitrust office to police Facebook, Google

Australia said it would establish the world's first dedicated office within an antitrust regulator to police Facebook Inc and Google , setting a precedent for global lawmakers grappling with the U.S. technology giants' dominance.

SoftBank Group announces new $108 billion Vision Fund, broadens investor base

SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in technology firms, saying it has secured memoranda of understanding (MOU) for about $108 billion from companies including Apple Inc and Microsoft Corp .

China suspects FedEx broke law by declining Huawei shipments: media

Chinese authorities suspect U.S. package delivery company FedEx Corp violated the law by not making shipments of goods from the tech company Huawei to their recipients, the Xinhua state news agency reported on Friday.

Australian regulator to get unit specializing in tech companies

Australia's antitrust watchdog will be strengthened with a special branch to oversee the market power of U.S. technology giants Facebook and Google under sweeping regulatory reforms proposed by the government on Friday.

China finds clues of additional Fedex violations: Xinhua

China's government has discovered clues that Fedex violated the law as part of its ongoing investigation into the mail carrier, state-media outlet Xinhua reported on Friday.

Australia to set out proposals to rein in Facebook, Google

Australia will publish on Friday recommendations to limit the power of Facebook Inc and Google, potentially setting a precedent for global lawmakers grappling with the U.S. technology giants' dominance of online news and advertising.

Alphabet's revenue rebounds; easing doubts on growth and boosting shares

Alphabet Inc shares rose about 8% after the company reported quarterly results that eased investors' concerns about growth challenges facing its Google advertising business.

SoftBank Group announces new $108 billion Vision Fund aimed at AI

SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in AI technology, saying it has secured memoranda of understandings (MOUs) for about $108 billion from companies including Apple and Microsoft .

Intel says customers stockpiling chips on U.S.-China tension, hikes forecast

Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to China's Huawei Technologies Co Ltd.

Alphabet shares soar on new details into YouTube, cloud growth

Alphabet Inc shares rose 9% after the company reported quarterly results that eased investors' concerns about the growth challenges facing its Google advertising business.

Intel says customers stockpiling chips on U.S.-China tension, raises forecast

Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to Huawei Technologies Co Ltd.

U.S. attorney general, state officials discuss big tech firms' effect on competition

Eight state attorneys general met with U.S. Attorney General William Barr on Thursday to discuss the effect of big tech companies on competition, and various antitrust actions are being reviewed, the Texas attorney general's office said in a statement.

Amazon's push for one-day delivery dents profits, costs up 21%

Amazon.com Inc on Thursday reported its first profit miss in two years and said income would slump in the current quarter, as the online retailer ramps up spending on one-day delivery to spark sales growth.

Intel eases chip demand concerns with raised forecast, shares gain

Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to Huawei Technologies.

Alphabet second-quarter revenue beats estimates; shares soar

Alphabet Inc reported quarterly revenue and earnings that beat expectations on Thursday, easing concerns about the short-term growth challenges facing Google, YouTube and the company's other advertising businesses even as it faces antitrust investigations.

Apple pays $1 billion for Intel unit in push for chip independence

Apple Inc took a major step toward supplying its own smartphone chips by purchasing the majority of Intel Corp's modem business in a deal valued at $1 billion, the companies said on Thursday.

U.S. attorney general, eight state AGs meet over big tech 'stifling competition': statement

Eight state attorneys general met on Thursday with U.S. Attorney General William Barr to discuss concerns about big tech companies, according to a statement from the Texas attorney general's office.

Amazon's push for faster delivery dents profits, costs up 21%

Amazon.com Inc on Thursday reported a profit below Wall Street's expectations and said income would slump slightly in the current quarter, as the online retailer ramps up spending to deliver goods faster and spark sales growth.

T-Mobile beats estimates for phone subscribers

T-Mobile US Inc on Thursday beat analysts' estimates for second-quarter net new phone subscribers who pay a monthly bill, boosted by the U.S. mobile carrier's competitive wireless plans aimed at fending off its bigger rivals.

T-Mobile reschedules analyst call without giving reason

T-Mobile US Inc has rescheduled a call with analysts that was to be held on Thursday following its earnings release, the company said on its website.

Eight state AGs meet with U.S. attorney general to discuss tech giants: Texas AG office

Eight state attorneys general met on Thursday with U.S. Attorney General William Barr to discuss concerns about big tech companies, according to a statement from the Texas attorney general's office.