Microsoft to invest $1 billion in OpenAI

Microsoft Corp said on Monday it was investing $1 billion in San Francisco-based OpenAI and that the two had formed a multi-year partnership to develop artificial intelligence supercomputing technologies on Microsoft's Azure cloud computing service.

Huawei secretly helped North Korea build, maintain wireless network: Washington Post

Huawei Technologies Co Ltd [HWT.UL], the Chinese company put on a U.S. black list because of national security concerns, secretly helped North Korea build and maintain its commercial wireless network, the Washington Post reported on Monday, citing sources and internal documents.

China's ByteDance plans to set up data center in India

China's ByteDance said it plans to open a data center in India, where it is facing concerns about consumer privacy and demands for a ban on its hugely popular video app TikTok.

Frenzied debut of China's Nasdaq-style board adds $44 billion in market cap

Trading on China's new Nasdaq-style board for homegrown tech firms hit fever pitch on Monday, with shares up as much as 520% in a wild debut that more than doubled the exchange's combined market capitalization and beat veteran investors' expectations.

South Korea eases path for quality tests of chip suppliers amid Japan curbs: government

South Korean chipmakers such as Samsung Electronics will allow their equipment to be used for conducting quality tests at their domestic suppliers as part of an arrangement brokered by the government to counter Japan's export curbs.

Equifax to pay up to $650 million in data breach settlement

Credit-reporting company Equifax Inc will pay up to a record $650 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information, authorities said on Monday.

Culture minister to make statement on 5G review on Monday: UK PM spokesman

British culture minister Jeremy Wright is due to make a statement on a review of next generation 5G telecommunications networks on Monday, Prime Minister Theresa May's spokesman said, adding it would depend on the parliamentary timetable.

China's Tencent says to work with The Pokemon Co on new game

China's Tencent Games said on Monday that its Timi Studio will work with The Pokemon Company, a firm partially owned by Japan's Nintendo, on developing a new game.

Toshiba Memory sees 'good chance' of M&A in push for data center business

Japan's Toshiba Memory said there was a "good chance" for acquisitions as it pushes to increase its share of the market for advanced storage products used in data centers.

Stellar debut for China's Nasdaq-style board adds $44 billion in market cap

Trading on China's new Nasdaq-style board for homegrown tech firms hit a fever pitch on Monday, sending shares up as much as 520%, increasing the firms' combined value by $44 billion and surpassing the expectations of veteran investors braced for a wild ride.

Manic Monday for China's Nasdaq-style bourse as shares rocket

Trading on China's new Nasdaq-style board for homegrown tech firms hit a fever pitch on Monday, sending shares up as much as 400% for the day, and far exceeding the expectations of veteran investors braced for a wild ride.

Circuit breakers trip, shares soar as China's Nasdaq-style bourse debuts

Trading hit a fever pitch, with shares rocketing as much as 520%, as China's new Nasdaq-style board for homegrown tech firms debuted on Monday, with valuations exceeding even the expectations of veteran investors braced for a wild ride.

Circuit breakers trip as China's Nasdaq-style bourse debuts

Trading hit a feverish pitch on China's new Nasdaq-style board for homegrown tech firms on its debut on Monday, with most stocks surging and drawing attention away from the main board.

Toyota fetches new way to use AI, self-drive tech in Tokyo Games

Miniature remote controlled cars have proved to be a crowd pleaser at track and field throwing events, but for the Tokyo 2020 Olympics Toyota Motor Corp is upping the game with a hi-tech way to fetch javelins and hammers: pint-sized, self-driving A.I. robot cars.

Equifax nears deal to pay about $700 million to settle U.S. data breach probes: WSJ

Credit reporting company Equifax Inc is close to a deal to pay around $700 million to settle data breach probes with U.S. regulators and states, the Wall Street Journal reported on Friday, citing people familiar with the matter.

White House to host meeting with tech executives on Huawei ban: sources

U.S. officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and software executives to discuss the U.S. ban on Huawei Technologies Co Ltd, two sources briefed on the meeting said on Friday.

White House to host meeting with tech executives on Huawei ban: source

U.S. officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and software executives to discuss the U.S. ban on Huawei, a source familiar with the situation said on Friday.

Four Republican lawmakers ask Trump to move forward with $10 billion Pentagon cloud contract

Four Republican members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Defense Department.

Confusion builds over U.S. ban on Chinese surveillance technology

Contractors who buy and install Hikvision and Dahua surveillance systems told U.S. officials on Friday that an ambiguous law that bans purchases from the two Chinese companies could harm their businesses.

Trump tells France's Macron U.S. concerned with proposed digital services tax

U.S. President Donald Trump spoke with French President Emmanuel Macron on Friday and expressed concerns about the country's proposed digital services tax, the White House said.

Four U.S. lawmakers ask Trump to move forward with $10 billion Pentagon cloud contract

Four members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Department of Defense.

Fed's Bullard sees cryptocurrencies shifting U.S. financial system

Cryptocurrencies are changing the U.S. currency system in ways that may facilitate illegal activity and instability in prices, St. Louis Federal Reserve President James Bullard said on Friday.

Italy's watchdog says single network controlled by TIM would be 'backward step'

A single network entity controlled by Italy's former monopoly phone group Telecom Italia (TIM) would be a "backward step", the country's communication watchdog chief Angelo Cardani said on Friday.

UK delay on Huawei 5G decision harming ties, lawmakers say

A powerful committee of British lawmakers on Friday urged the next prime minister to decide quickly on the role China's Huawei will have in next-generation 5G telecommunications networks to avert more damage to Britain's international relations.

Russian lawmakers propose making local software mandatory on smartphones

Russian lawmakers want to make it a legal requirement for all smartphones, computers and smart TV sets sold in Russia to come pre-installed with certain Russian software in a bid to support domestic software producers, according to a draft bill.

Britain to cut Huawei decision from telecoms review: sources

Britain plans to publish the results of a long-awaited telecoms supply chain review next week without a decision on the use of equipment made by China's Huawei in future 5G networks, people with knowledge of the matter told Reuters.

China's intelligence law looms over EU 5G safeguards: official

The European Union cannot ignore China's National Intelligence Law, which requires Chinese citizens to support state information-gathering, as Brussels seeks rules for super-fast mobile networks, a senior EU official said on Friday.

EU must be aware of China's intelligence law when drawing up 5G rules: King

China's National Intelligence Law, which requires Chinese citizens to support state information-gathering, cannot be ignored by the European Union as it draws up rules to protect mobile networks, an EU commissioner said on Friday.

Britain's delay on Huawei 5G decision harming international ties: UK lawmakers

Britain's new prime minister must urgently make a decision on the role China's Huawei will have in next-generation 5G networks as the ongoing debate is damaging international relations, a powerful committee of British lawmakers said on Friday.

Toyota, China's BYD team up to develop battery EVs

Toyota Motor said it would develop battery electric vehicles (EVs) and batteries with BYD Co Ltd, in a sign it was ramping up partnerships with Chinese players as planned to build affordable EVs for the world's top auto market.