Bitcoin extends losses after Fed chief urges halt to Facebook's crypto project

Bitcoin dipped almost 8% on Thursday, extending losses the day after U.S. Federal Reserve Chairman Jerome Powell called for a halt to Facebook's Libra cryptocurrency project until concerns ranging from privacy to money-laundering were addressed.

French digital tax compliant with international accords: source

France hit back on Thursday against U.S. plans to investigate a planned tax on big digital companies, saying it was in line with international agreements.

South Korea steps up effort to get U.S. help in export row with Japan

South Korea's foreign minister told U.S. Secretary of State Mike Pompeo that Japan's export curbs against Seoul are "undesirable", the Foreign Ministry said on Thursday, as a trade row between the East Asian neighbors grows.

European startups navigate long, winding road to self-driving future

Far from the sunny, wide streets of Phoenix, where Waymo's self-driving taxis ply their trade, a handful of European startups are developing driverless cars to navigate the clogged, chaotic, rain-swept roads of European cities.

South Korea steps up efforts for U.S. help in export row with Japan

South Korea's foreign minister told U.S. Secretary of State Mike Pompeo that Japan's export curbs against Seoul are "undesirable", the Foreign Ministry said on Thursday, as a trade row between the East Asian neighbors grows.

Nintendo shares jump on imminent launch of Switch Lite

Shares in Japan's Nintendo Co rose more than 4% on Thursday after the company said it would soon launch Nintendo Switch Lite, a cheaper, handheld version of its hugely popular Switch games.

Post-Brexit tech brain drain worries half of businesses: survey

Just over half of Britain's businesses believe the country is at risk of a brain drain after Brexit, with many worried in particular about a shortage of tech skills, according to research by cloud-based software company Salesforce.com.

U.S. to probe French plan to tax tech companies

U.S. President Donald Trump on Wednesday ordered an investigation into France's planned tax on technology companies, a probe that could lead to the United States imposing new tariffs or other trade restrictions.

U.S. to probe French plan to tax tech companies: source

U.S. President Donald Trump will order an investigation into France's planned tax on technology companies that could potentially lead to the United States imposing new tariffs or other trade restrictions, a source briefed on the matter said Wednesday.

U.S. to probe French plan for tax on tech companies: Bloomberg Tax

U.S. President Donald Trump is set to order an investigation into France's planned tax on technology companies that could potentially lead to the United States imposing new tariffs or other trade restrictions, Bloomberg Tax reported on Wednesday.

Fed chief calls for Facebook to halt Libra project until concerns addressed

U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed, comments that pressured the project and dented the price of the original cryptocurrency bitcoin.

Facebook currency project 'cannot go forward' until concerns addressed: Powell

U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns were addressed.

China's ZTE follows Huawei with Brussels cybersecurity lab

China's ZTE opened a cybersecurity lab in Brussels on Wednesday, aiming to boost transparency four months after bigger telecoms equipment rival Huawei [HWT.UL] did the same to allay concerns about spying.

Volvo solves autonomous revenue riddle with package deals

Swedish truckmaker AB Volvo's first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is years away from wide deployment.

Need quick medical advice in Britain? Ask Alexa

Britain's state-run health service is teaming up with Amazon to provide medical advice for common ailments such as migraines and flu via the tech giant's voice assistant Alexa, aiming to help more patients at home and cut down on costs.

Amazon customer helpline not required, says Europe's top court in boost for e-commerce

U.S. online retailer Amazon does not have to provide a helpline phone number to consumers, Europe's top court said on Wednesday in a ruling that could boost e-commerce merchants.

China tech bonds reward investors as trade war fears ebb

The beaten-down bonds of Chinese internet companies have rebounded since the May flare-up in U.S.-China trade tensions, reaping a good profit for investors who braved the storm to buy the dips.

Toyota forms chip venture with Denso amid shift to self-driving cars

Toyota Motor Corp and auto-parts maker Denso Corp on Wednesday said they have agreed to set up a joint venture to develop next-generation automotive semiconductors as the industry moves toward connected and autonomous vehicles.

Japanese curbs seen as chance for South Korean chipmakers to cut stockpiles

Shares in South Korean memory chipmakers Samsung Electronics Co Ltd and SK Hynix Inc rose on Wednesday as investors bet on production cuts due to curbs on the export of key materials from Japan, analysts said.

Indonesia's Go-Jek to announce tie-up with Thai lender

Indonesian ride-hailing app Go-Jek and Thailand's largest lender, Siam Commercial Bank Pcl (SCB), are set to announce a strategic partnership on Thursday, the companies said.

Apple starts China app development program in services business push

Apple Inc has started a program in Shanghai to help Chinese developers create apps as part of the iPhone maker's efforts to build out its services business in one of its most critical overseas markets.

Tesla set to ramp up production at Fremont plant: Bloomberg

Tesla Inc is preparing to boost output at its electric car factory in Fremont, California, Bloomberg reported on Tuesday, citing an internal email.

Appetizing prospects: Uber founder takes aim at South Korea's shared kitchen market

Chef Youm Jung-phil plans to close his restaurant in Seoul's affluent Gangnam district this month, worn down by the rising cost of labor and rent as well as declines in the number of customers eating in.

Big Tech executives due on Capitol Hill next week for antitrust hearing

Executives from Amazon.com Inc , Apple Inc , Facebook Inc and Alphabet's Google will testify before a House of Representatives congressional committee next week in a hearing to discuss the tremendous market power wielded by online platforms.

U.S. to approve sales it deems safe to blacklisted Huawei

The U.S. government will issue licenses to companies seeking to sell goods to China's Huawei where there is no threat to national security, Commerce Secretary Wilbur Ross said in a speech on Tuesday, leaving industry observers unsure about which products will pass muster.

Mozilla blocks UAE bid to become an internet security guardian after hacking reports

Firefox browser maker Mozilla is blocking the United Arab Emirates' government from serving as one of its internet security gatekeepers, citing Reuters reports on a UAE cyber espionage program.

Big tech executives headed to Capitol Hill for antitrust hearing next week

Executives from Amazon.com Inc, Apple Inc, Facebook Inc and Alphabet's Google will testify before a House congressional committee next week in a hearing to discuss the tremendous market power wielded by online platforms.

Huawei says Brazil on target with 5G tests, but falling behind neighbors

China's Huawei Technologies Co Ltd expects to lead 5G development in Brazil, but sees some challenges for the country to catch up with other Latin American markets in deploying the ultrafast service, an executive told Reuters.

Europe's top court sets date for opinion on Facebook privacy

Europe's top court will give an opinion on Dec. 12 on Austrian privacy activist Max Schrems' landmark case against Facebook, which will affect how hundreds of thousands of companies transfer personal data worldwide.

Cisco to buy optical gear maker Acacia for $2.8 billion to build 5G muscle

Network gear maker Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for $2.84 billion in cash, as it seeks to garner a bigger chunk of 5G spending by telecom companies.