Huawei and suppliers make plans to face U.S. trade blacklist: Nikkei

China's Huawei Technologies Co Ltd is asking its top Asian chipmakers to maintain deliveries after Washington decided to curb the telecom giant's access to American technology, the Nikkei reported https://asia.nikkei.com/Economy/Trade-war/Huawei-and-suppliers-dust-off-backup-plans-to-prepare-for-sto...

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Overstock CEO says he had to sell shares to supplement his pay

Overstock.com Inc Chief Executive Officer Patrick Byrne lashed out on Friday at investors who questioned his recent sale of shares, saying he had to supplement his $100,000 a year salary and vowing never to "give such an explanation again."

Net neutrality supporter sentenced for death threats to FCC Chairman Pai

A California man was sentenced to 20 months in prison on Friday after pleading guilty for threatening to kill the family of U.S. Federal Communications Commission Chairman Ajit Pai over the regulator's successful effort to repeal net neutrality rules.

GMC trucks to deploy adaptive cruise control system

Automaker General Motors Co's truck brand GMC said on Friday its 2020 Sierra large pickup trucks will have an adaptive cruise control system, in a push to catch up with its rivals.

Facebook forms Swiss fintech firm with payments focus

Facebook has set up a new financial technology company in Switzerland focusing on blockchain and payments as well as data analytics and investing, Geneva's commercial register shows.

Overstock CEO justifies stock sale, vows never to give 'an explanation again'

Overstock.com Inc Chief Executive Officer Patrick Byrne, lashing out at shareholders questioning his sale of a big block of stock this week that sent the company's shares into a nosedive, said on Friday he had to supplement his "nominal salary" and vowed never to "give such an explanation again."

Facebook breakup would be solution of last resort: EU's Vestager

A break-up of U.S. social media company Facebook would be a solution of last resort that would probably generate long judicial procedures, EU Competition Commissioner Margrethe Vestager said on Friday.

Samsung Electronics says undecided on further investment in its China NAND plant

South Korea's Samsung Electronics Co Ltd said on Friday that it has not decided on additional investment in a second memory chip production line in the Chinese city of Xian, denying a report by China's official Xinhua news agency.

Overstock CEO defends personal stock sale after shareholders question move

Overstock.com Inc Chief Executive Officer Patrick Byrne on Friday hit out at shareholders who questioned the sale of a portion of his stake in the company, after the online retailer's shares plunged on Wednesday following the disclosure of his move.

Samsung says no decision yet on investment for second memory chip plant in China's Xian

South Korean tech giant Samsung Electronics Co Ltd said on Friday that it has not decided on additional investment in a second memory chip production line in the Chinese city of Xian, denying an earlier report by the Chinese state media Xinhua.

Pinterest shares tumble as profit seen elusive

Pinterest Inc's shares slumped as much as 17% on Friday after the online scrapbook company's disappointing annual forecast shook investors' faith in its ability to turn in a profit soon.

Overstock.com CEO hits back at shareholders over personal stock sale

Overstock.com Inc Chief Executive Officer Patrick Byrne on Friday hit out at shareholders who questioned the sale of a portion of his stake in the company, after the online retailer's shares plunged on Thursday following the disclosure of his move.

German finance minister expects OECD deal on digital tax in 2020

German Finance Minister Olaf Scholz said on Friday he expected the Organisation for Economic Cooperation and Development (OECD) will agree a minimum level of taxation for digital companies such as Amazon, Google and Facebook by mid-2020.

Hewlett Packard Enterprise to buy supercomputer maker Cray in $1.30 billion deal

Supercomputer manufacturer Cray Inc said on Friday it would be bought by Hewlett Packard Enterprise Co in a deal valued at about $1.30 billion, net of cash.

Amazon squares up to Uber with backing for UK food app Deliveroo

Amazon has taken a stake in British online food delivery company Deliveroo, leading a $575 million fundraising to pit itself against Uber Eats in the global race to dominate the market for takeaway meals.

Samsung to spend more than $14 billion in second phase of China chip plant: Xinhua

South Korean tech giant Samsung Electronics Co Ltd will spend more than $14 billion in the second phase of investment in its memory chip plant in Xian, China, China's official Xinhua news agency reported on Friday citing a Samsung executive.

Google, Facebook, Twitter rapped for not doing enough in EU fake news fight

Facebook, Google and Twitter were reprimanded by the European Commission on Friday for not doing enough to tackle fake news plaguing the election campaign to the European Parliament, seven months after promising to do more.

Google, Facebook, Twitter still falling short in combating fake news: EU

Facebook, Google and Twitter are still not doing enough to tackle fake news plaguing the election campaign to the European Parliament, the European Commission said on Friday in its latest report.

Tall chip tale? Huawei's backup plans leave experts unconvinced

Chip experts are calling out Huawei for its claims that it could ensure a steady supply chain without U.S. help, saying the technology the Chinese telecoms network gear maker buys from American companies would be "hard to replace".

Italy's watchdog investigates Google for alleged antitrust abuse

Italy's competition watchdog said on Friday it had opened an investigation into alleged abuse of a dominant market position by Google in the smart device sector.

Italy's antitrust opens abuse of dominant position probe into Google

Italy's competition watchdog said on Friday it had opened an investigation into alleged abuse of a dominant market position by Google in the smart device sector.

Air taxi startup Lilium stages test 'hover' of five-seater prototype

Air taxi startup Lilium has staged a successful maiden flight of a five-seater prototype that it hopes to bring into service by 2025 to whisk passengers between cities without the hassle of an airport check-in.

Baidu swings to net loss for first time since listing, shares fall

Chinese search engine operator Baidu Inc booked its first quarterly loss since at least 2015 and forecast quarterly revenue below market estimates, saying a "challenging marketing environment" is sapping income from advertisers.

Huawei's Hisilicon says it has long been preparing for U.S. ban scenario

Huawei subsidiary Hisilicon said that it had long been anticipating the possibility that the firm could one day be unable to obtain chips and technology from the United States and had prepared to soften any impact.

SpaceX postpones Starlink satellite launch again, for 'about a week'

A SpaceX launch already scrubbed once due to inclement weather was postponed again nearly 24 hours later on Thursday, this time for "about a week," in order to update satellite software and "triple-check everything," Elon Musk's rocket company said.

Japan Finance Minister Aso says Huawei ban could affect Japanese firms

A U.S. bid to block China's Huawei Technologies from buying vital American technology could affect Japanese companies and weigh on economic growth, Japanese Finance Minister Taro Aso said on Friday.

California bill to expand privacy protections fails

California's senate blocked a bill on Thursday that would have expanded the ability of consumers to sue companies over their handling of personal data, a win for tech industry groups concerned about wide-ranging privacy lawsuits.

China's Huawei restricted from using U.S. suppliers

The Trump administration on Thursday officially added China's Huawei Technologies Co Ltd to a trade blacklist, immediately enacting restrictions that will make it extremely difficult for the telecom giant to do business with U.S. companies.

Nvidia revenue forecast beats as demand for gaming chip rises

Nvidia Corp forecast second-quarter revenue above Wall Street estimates on Thursday, as it expects sales of its graphics chip to benefit from a recovery in the gaming market.

Exclusive: Banks to invest around $50 million in digital cash settlement project - sources

Several of the world's largest banks are in the process of investing around $50 million to create a digital cash system using blockchain technology to settle financial transactions, according to people familiar with the plans.