Japan Display gets debt relief, says consortium to formalize bailout

Japan Display Inc said on Thursday a Chinese-Taiwanese consortium will formalize its decision to invest in it by June 14, after client Apple Inc agreed to wait for money owed and a government-backed fund offered to waive debt.

China willing to meet reasonable rare earth demand from other countries

China is willing to meet reasonable demand for rare earths from other countries, but it would be unacceptable that countries using Chinese rare earths to manufacture products would turn around and suppress China, its commerce ministry said.

Chinese-Taiwanese group to make formal decision for Japan Display deal in June: Nikkei

A Chinese-Taiwanese investor consortium has told Japan Display Inc that it would make a formal decision whether to invest in the Apple Inc supplier by June 14, the Nikkei business daily reported on Thursday.

Explainer: China's rare earth supplies could be vital bargaining chip in U.S. trade war

Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers.

SoftBank's Vision Fund to borrow $4 billion against stakes in Uber and two others: FT

SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financial Times reported, citing people directly involved in the deal.

Huawei launches 5G lab in South Korea, but keeps event low-key after U.S. ban

Huawei Technologies unveiled an open lab for next-generation 5G wireless network in South Korea on Thursday, but kept the launch low-key given its recent blacklisting by the United States, a key security ally of the Asian nation.

Refusal to remove video shows Facebook enabled Russian election meddling: Pelosi

U.S. House Speaker Nancy Pelosi said on Wednesday that Facebook Inc's refusal to remove a heavily edited video that attempted to make her look incoherent had convinced her the company knowingly enabled Russian election interference.

Failure to remove altered video shows Facebook enabled Russian election meddling: Pelosi

U.S. House Speaker Nancy Pelosi said on Wednesday that Facebook Inc's refusal to remove a heavily edited video that attempted to make her look incoherent had convinced her the company wittingly enabled Russian election interference.

Cuba legalizes private Wi-Fi networks in bid to boost connectivity

Cuba announced on Wednesday it would legalize private Wi-Fi networks to access the internet and connect computers, as well as allow imports of equipment like routers in another step toward expanding connectivity on the Communist-run island.

Palo Alto Networks forecasts current-quarter profit below estimates, shares fall

Cybersecurity company Palo Alto Networks Inc forecast current-quarter profit below analysts' estimates on Wednesday, largely due to expenses related to its recent acquisitions and a hit from tariffs, sending its shares down 5%.

Google bans apps that facilitate sale of marijuana

Alphabet Inc's Google on Wednesday banned apps on its app store that facilitate the sale of marijuana or related products, as part of a change to its content policy.

Tesla CEO urges employees to 'catch up' to hit delivery record

Tesla Inc has "a lot of catching up" to do but still can achieve a record quarter, Chief Executive Officer Elon Musk wrote in a new email that was reviewed by Reuters.

Tesla needs to catch up on deliveries: Electrek, citing Musk's leaked email

Tesla Inc has "a lot of catching up" to do in order to achieve a record quarter, news website Electrek reported on Wednesday, citing Chief Executive Officer Elon Musk's leaked email to employees.

Apple defends App Store amid mounting criticism

Apple Inc on Wednesday publicly defended its App Store from mounting criticism over its treatment of rivals in a new blog post detailing its functions and guidelines.

Embraer, WEG team up to build electric motor for planes: statement

Brazilian electric engineering company WEG SA said on Wednesday it had signed an agreement with Brazil's planemaker Embraer SA to develop new technology for electrical propulsion systems for aircraft.

Outside of Tesla, future EV sales in U.S. may be thin for most brands: study

U.S. demand for electric vehicles, including hybrids, could rise to 1.28 million by 2026, a new study projected on Wednesday, but most brands will struggle to make money on the new models.

Cypress Semiconductor explores options after receiving takeover interest: Bloomberg

Cypress Semiconductor Corp is exploring options, including a potential sale, after receiving takeover interest, Bloomberg reported on Wednesday, citing people familiar with the matter.

NXP to buy Marvell's WiFi, Bluetooth business for $1.76 billion

Dutch chipmaker NXP Semiconductors NV said on Wednesday it will buy Marvell Technology Group Ltd's wireless connectivity business for $1.76 billion in cash to offer its customers a bigger product portfolio.

Huawei challenges U.S. defense bill as sanctions fight ramps up

China's Huawei Technologies Co Ltd has filed a legal motion seeking to declare a U.S. defense law unconstitutional, in the telecom equipment maker's latest bid to fight sanctions from Washington that threaten to push it out of global markets.

Amazon launches smaller Echo Show device for $90

Amazon.com Inc on Wednesday launched a smaller version of the company's Echo Show smart speaker, which is powered by its popular voice assistant Alexa.

Samsung aims to double online smartphone sales in India

Samsung Electronics aims to double its online smartphone sales in India this year to $1 billion, driven largely by a new budget range of devices, the head of its mobile business for the country said on Wednesday.

U.S.'s Pompeo says Huawei is an 'instrument of Chinese government'

Secretary of State Mike Pompeo kept up U.S. pressure on Huawei Technologies Co Ltd on Wednesday, saying the Chinese tech giant takes orders from Beijing.

Explainer: China's rare earth supplies could be vital bargaining chip in U.S. trade war

Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers.

Palo Alto buys Israeli cybersecurity firm Twistlock: report

Santa Clara-based Palo Alto Networks has acquired Israeli cybersecurity firm Twistlock, Israeli financial news websites reported on Wednesday.

Finnish IoT company Uros' sales soar 171% last year: report

Finland's Uros, a little known Internet of Things services company, saw its sales soar 171% to 1.31 billion euros last year and could become Finland's next tech star after Nokia, Finnish business weekly Talouselama reported on Wednesday.

China ready to hit back at U.S. with rare earths: newspapers

China is ready to use rare earths to strike back in a trade war with the United States, Chinese newspapers warned on Wednesday in strongly worded commentaries on a move that would escalate tensions between the world's two largest economies.

MediaTek aims to take on Qualcomm with new 5G chip

Taiwan-based chip supplier MediaTek Inc on Wednesday released a new 5G chip for fast, high-end smartphones that aims to take on much larger rival Qualcomm Inc.

Huawei challenges legality of U.S. defense bill as sanctions fight ramps up

China's Huawei Technologies Co Ltd has filed a motion for summary judgment in its lawsuit against the U.S. government, in the telecoms equipment maker's latest bid to fight sanctions from Washington that threaten to push it out of global markets.

Gotta catch 'em snores: Pokemon sleep app to launch next year

Japan's the Pokemon Company said on Wednesday it was developing "Pokemon Sleep", a mobile app that tracks players' sleep and uses the data for gameplay, with a release date set for next year.

Huawei ban puts South Korea in a familiar place: caught between the U.S. and China

Less than a week after Huawei Technologies was blacklisted by the United States, more than a hundred South Korean politicians and business leaders toured the Chinese tech giant's headquarters and its lavish new campus outside Shenzhen.