Indian appellate tribunal allows insolvency case vs RCom to proceed: report

An Indian appellate tribunal has lifted a stay on insolvency proceedings against business tycoon Anil Ambani's debt-laden Reliance Communications, the Economic Times reported on Tuesday.

Huawei denies report about hidden 'backdoors' in its software

Huawei denied on Tuesday a Bloomberg report saying that mobile operator Vodafone had found so-called hidden "backdoors" in software provided in 2011 by the Chinese company.

Wall Street queries Google ad changes after rare revenue miss

Wall Street punished Google on Tuesday for managers' refusal to give details of changes made to its ad platform in first-quarter results, following a rare miss of expectations for revenue due to a cleanup of YouTube content.

Czech finance ministry plans 7 percent rate for new digital tax

The Czech Finance Ministry said on Tuesday it was finalizing a plan to tax global internet giants and would submit a proposal by the end of May for a 7 percent rate.

How to train your machine: JPMorgan FX algos learn to trade better

JPMorgan Chase, a top player in the $5.1 trillion-a-day global currency market has started applying a new technology that enables machine-trading programs to learn from previous trades and search for the most profitable way to execute them.

Foxconn chairman travels to White House to discuss Wisconsin: source

The chairman of Apple supplier Foxconn will travel to the United States on Tuesday for a meeting in the White House that is believed to be related to an investment in Wisconsin, according to a source with direct knowledge of the matter.

Logitech CEO sticks to guidance for 2020 business year

Logitech International Chief Executive Bracken Darrell said it was too early to consider upgrading the keyboard and mice maker's sales and profit outlook for its 2020 business year.

Chipmaker AMS signals steady Apple orders, Android share grows

Apple supplier AMS on Tuesday was upbeat on the current quarter and the rest of the year, pointing to steady orders for optical sensors from its major customer and a growing share of income from Android smartphone makers.

Airbnb should be free to operate across Europe: EU court adviser

Airbnb should be treated as a digital service provider and free to operate across the European Union, an adviser for the European Court of Justice (ECJ) said on Tuesday following a complaint by a French tourism association.

Japan's Softbank to announce $1 billion investment in delivery app Rappi on Tuesday

Japan's Softbank is expected to announce on Tuesday a $1 billion investment in Colombian delivery app Rappi, one source with knowledge of the matter said.

Shopify raises full-year forecast on strong demand for e-commerce tools

Canada's Shopify Inc raised its 2019 profit and revenue forecast on Tuesday, as a booming e-commerce market boosted demand for its tools used in buildings online shopping apps and websites.

Britain provisionally approves PayPal-iZettle deal

Britain's competition watchdog on Tuesday provisionally cleared PayPal Holdings Inc's $2.2 billion takeover of Swedish fintech startup iZettle, saying the deal did not raise competition concerns.

Cable operator Charter edges past quarterly revenue estimates

Cable operator Charter Communications Inc edged past analysts' estimates for first-quarter revenue on Tuesday, as the company attracted more customers for its internet services, offsetting a drop in video subscribers.

Shopify loss widens as expenses soar

Canadian e-commerce software maker Shopify Inc reported a wider quarterly loss on Tuesday, as costs surged nearly 50 percent.

Taiwan Foxconn chairman traveling tonight for U.S. White House meet: source

The chairman of Apple supplier Foxconn will travel to the United States tonight for a meeting in the White House that is believed to be related to an investment in Wisconsin, according to a source with direct knowledge of the matter.

China's CATL starts mass production of high-nickel batteries: chairman

Contemporary Amperex Technology Co Ltd (CATL), China's biggest maker of batteries for electric vehicles, has begun mass production of high-nickel batteries, its chairman told investors last Friday.

Amazon's India unit sees 56 percent rise in export merchants

Amazon.com Inc's India unit saw a 56 percent rise in the number of local merchants selling to international markets, hitting export sales of over $1 billion, the company said on Tuesday.

Fiat Chrysler picks Google, Samsung for global connected car system

Fiat Chrysler said on Tuesday it will use technology from Alphabet Inc's Google and Samsung to connect all its vehicles by 2022, providing music and video and facilitating future car-sharing and self-driving capabilities.

Logitech shares fall as investors pocket recent gains

Logitech International SA shares fell nearly 9 percent on Tuesday as investors cashed in on the computer peripheral maker's gains this year and success providing fast keyboards and mice for players of online games like Fortnite.

Vodafone found security flaws in Huawei equipment in 2011, 2012

Telecoms group Vodafone found security flaws in equipment supplied by China's Huawei to its Italian business in 2011 and 2012, the two companies said on Tuesday.

EV battery maker LG Chem sues SK Innovation, alleges trade secret theft

Electric vehicle (EV) battery maker LG Chem said it has sued its South Korean peer SK Innovation in the United States for alleged theft of trade secrets.

Chinese EV maker CHJ seeks to raise up to $500 million in growth push: sources

Chinese electric vehicle (EV) maker CHJ Automotive is seeking to raise $300 million to $500 million in its latest funding round, two people with direct knowledge of the matter said, joining its peers in tapping more investors to finance growth.

Samsung Electronics bets on better second half after first quarter profit slumps

South Korea's Samsung Electronics Co Ltd flagged improved second-half results on expectations of a pick up in memory chip and smartphone sales, after posting its weakest profit in more than two years in the first quarter.

Samsung Electronics counts on better second half after first-quarter profit drops

Samsung Electronics Co Ltd on Tuesday flagged better second-half results after posting a 60 percent drop in first-quarter profit, pointing to higher expected sales of memory chips and smartphones.

Logitech fourth-quarter profit rises 22 percent

Logitech International SA said keyboards and mice for players of multiplayer online games like Fortnite had surged as the peripherals maker on Tuesday reported a 22 percent increase in profit during its fourth quarter.

Samsung Electronics first quarter profit falls 60% on-year as weak chip prices bite

Samsung Electronics Co Ltd posted a 60 percent drop in first-quarter operating profit on Tuesday, hit by falls in chip prices and slowing demand for display panels.

Google parent's shares dive as YouTube changes, competition hurt revenue

Alphabet Inc's Google on Monday saw its slowest revenue growth in three years from increased competition in advertising, stumbles in its smartphone business and disruptive changes at YouTube that left the leading internet ad company lagging rivals.

Uber drivers plan protest over pay ahead of IPO

Uber Technologies Inc's drivers in six U.S. cities are planning to shut their apps for 12 hours on May 8 to protest against low wages and working conditions, two days ahead of the company's expected market debut.

Google parent struggles with mobile clicks, YouTube changes, shares down 7%

Alphabet Inc's Google failed to reap the benefits of a strong economy that bolstered rivals in the first quarter as the leading internet ad company faced increased competition in its search and hardware businesses and suffered from disruptive changes at YouTube.

Daimler will pull Smart mini-cars out of United States, Canada

The tiny, two-person Smart cars once pitched as the next big thing in urban mobility will be discontinued in the United States and Canada at the end of the current model year, German automaker Daimler AG said on Monday.