Symantec ends talks to sell to Broadcom over price: sources

Cybersecurity company Symantec Corp has walked away from negotiations to sell itself to chipmaker Broadcom Inc over price disagreements, people familiar with the matter said on Monday.

Exclusive: Canada set to postpone Huawei 5G decision to after vote, given sour ties with China - sources

Canada is likely to postpone a decision on whether to allow China's Huawei Technologies Co Ltd to supply 5G network equipment until after the October federal election, given increasingly strained relations with Beijing, say three well-placed sources.

U.S. Treasury's Mnuchin to give briefing on cryptocurrency on Monday

U.S. Treasury Secretary Steven Mnuchin will give a briefing on cryptocurrency at 2:00 pm ET (1800 GMT) on Monday from the White House briefing room, a White House official said.

China's TikTok to store Russian users' data locally: watchdog

The Chinese video app TikTok will store Russian users' data locally to comply with Russian law, the communications watchdog Roskomnadzor said on Monday after a meeting with the company.

Facebook official says regulatory concerns to be addressed before Libra launch

Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are fully addressed.

Facebook's Marcus says regulatory concerns to be 'fully addressed' before Libra launch

Facebook's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company does not plan to launch the digital currency until regulatory concerns and approvals are "fully addressed."

Symantec, Broadcom cease deal negotiations: CNBC

Cybersecurity company Symantec Corp and chipmaker Broadcom Inc have ceased deal negotiations, CNBC reported on Monday, citing sources.

Deutsche Telekom loses lawsuit over all-you-can-watch video product

Deutsche Telekom has lost a legal battle to continue offering an all-you-can-watch mobile video product after a court sided with the German regulator, saying it violated European rules on roaming and network neutrality.

Huawei to invest $3.1 billion in Italy but calls for fair policy on 5G: country CEO

China's Huawei Technologies said it will invest $3.1 billion in Italy over the next three years, as the Chinese telecoms giant called on Rome to ensure the "transparent, efficient and fair" use of its 'golden power' on 5G network development.

Retailers cash in on Amazon's 'free marketing' on Prime Day

Amazon.com Inc's Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling the Thanksgiving holiday's Black Friday as a driver of sales.

Huawei to invest $3.1 billion in Italy, add 1,000 jobs in three years: country CEO

China's Huawei Technologies will invest $3.1 billion in Italy over the next three years, the chief executive of the telecoms giant's Italian unit, Thomas Miao, said on Monday.

Amazon workers in Germany strike over pay, Verdi union says

More than 2,000 workers at seven Amazon sites across Germany have gone on strike over pay for at least two days, labor union Verdi said on Monday.

Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook's planned Libra digital coin.

China's Didi Chuxing to allow app users to access rivals' services

China's biggest ride-hailing company Didi Chuxing will allow users of its smartphone app to access services provided by apps of three domestic auto firms and others, in a push to generate more orders.

Norway's Telenor warns on Q2 profit after error at Grameenphone

Norwegian telecoms group Telenor said its second-quarter earnings would take a hit from "errors" discovered at Grameenphone, its Bangladeshi telecoms division.

Norway's Adevinta says new French digital tax may hit earnings

Online advertising group Adevinta said the newly introduced digital tax in France lacked clarity but would likely hit the Norwegian company's earnings as it posted second-quarter earnings roughly in line with expectations.

Norway's Telenor warns on second quarter profit after error at Grameenphone

Norwegian telecoms group Telenor said its second-quarter earnings would take a hit from "errors" discovered at Grameenphone, its Bangladeshi telecoms division.

Norway's Adevinta says French digital tax to impact earnings

Online advertising group Adevinta said the newly introduced digital tax in France lacked clarity, but would likely impact the Norwegian company's earnings as it posted second-quarter earnings roughly in line with expectations.

China's Xiaomi continues chip strategy revamp with investment in semiconductor designer

China's Xiaomi Corp has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the smartphone maker revamps its years-long pursuit of success in semiconductors which it sees as central to driving innovation.

Amazon workers in Germany to strike over pay, Verdi union says

Workers at seven Amazon sites across Germany will go on strike over pay for at least two days this week starting on Sunday night going into Monday, labor union Verdi said.

Exclusive: U.S. firms may get nod to restart Huawei sales in two-four weeks - official

The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in a sign President Donald Trump's recent effort to ease restrictions on the Chinese company could move forward quickly.

UK's Roxi Music plans for new product launches as it steps closer to IPO

ROXi Music, the makers of the home-based music streaming device ROXi, said it had chosen investment bank Arden Partners as it prepares for an initial public offering in the fourth quarter of 2019.

Exclusive: U.S. firms may get nod to restart Huawei sales in 2-4 weeks - official

The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in a sign President Donald Trump's recent effort to ease restrictions on the Chinese company could move forward quickly.

U.S. proposes barring big tech companies from offering financial services, digital currencies

A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a copy of the draft legislation seen by Reuters.

Israel holds 5G mobile network tender, aims for 2020 launch

Israel launched a tender for fifth-generation (5G) cellular frequencies on Sunday, hoping discounts to cash-strapped mobile phone operators battling fierce competition will entice bids.

China's Ping An to invest in education startup iTutorGroup

Ping An Insurance Group Co Of China said on Friday it would invest in online education company iTutorGroup, in a move to expand its "smart education" business.

Japan sets up working group on impact of Facebook's Libra ahead of G7

Japanese authorities have set up a working group to discuss the impact Facebook's proposed Libra digital coin could have on monetary policy and financial regulation, government sources said, ahead of a G7 finance leaders' gathering where the topic will be high on the agenda.

U.S. regulators approve $5 billion Facebook settlement over privacy issues: source

The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media company's handling of user data, a source familiar with the situation said on Friday.

FTC approves roughly $5 billion Facebook settlement: WSJ

The United States Federal Trade Commission voted this week to approve a roughly $5 billion settlement with Facebook Inc over a long-running investigation into the company's privacy missteps, the Wall Street Journal reported on Friday.

U.S. to hold hearing on French tax investigation Aug. 19

The U.S. Trade Representative's (USTR) Office will hold a hearing on Aug 19 in its probe of France's new planned tax on big technology companies, calling the proposal "unreasonable."