Google parent Alphabet's revenue misses estimates, rises at slowest pace in three years

Alphabet Inc's Google failed to reap the benefits of a strong economy that bolstered rivals in the first quarter, leaving the search giant's revenue below Wall Street targets on Monday.

Tesla says may seek new funding; shares up after SEC agreement

Tesla Inc said on Monday it could seek alternative sources of financing, days after Chief Executive Officer Elon Musk reached a deal with U.S. securities regulators to settle a dispute over his Twitter use, removing an overhang on the stock.

Amazon starts recruiting and leases office for Virginia 'HQ2'

Amazon.com Inc on Monday said it had leased office space and posted several jobs for its second headquarters outside Washington, D.C., the start of more than a decade of investment and hiring that cities across North America had sought.

Alibaba to pay $250 million to settle lawsuit over pre-IPO warning on counterfeiting

Alibaba Group Holding Ltd said on Monday it will pay $250 million to settle a U.S. lawsuit faulting the Chinese e-commerce company for concealing a regulatory warning about its ability to stop counterfeiting before it went public in 2014.

France, Germany to support battery cell consortium including PSA, Saft

France and Germany have asked the European Commission to approve state subsidies for a cross-border battery cell consortium including carmaker PSA with its German subsidiary Opel and French battery maker Saft, a German official said on Monday.

Amazon kicks off hiring and office leases for Virginia 'HQ2'

Amazon.com Inc on Monday said it had begun leasing office space and was on track to create 400 positions this year at its second headquarters outside Washington, D.C., the start of over a decade of hiring.

Sprint, T-Mobile push back deadline to complete merger

T-Mobile US Inc and Sprint Corp on Monday extended the deadline for completing their proposed $26 billion deal to July 29 as the U.S. Justice Department's Antitrust Division chief said he had not decided whether to approve the transaction.

Airbnb CEO says company will be ready for IPO later this year: CNBC

Airbnb will be ready for an initial public offering later this year, the home-renting company's chief executive officer told CNBC on Monday.

Italy antitrust extends Telecom Italia fiber probe to Sept. 30

Italy's antitrust regulator said on Monday it had extended a probe into alleged market abuse by Telecom Italia over fiber optic rollout and wholesale pricing to Sept. 30.

Mediaset to move pay-TV content to video streaming app after losing customers: source

Italy's top commercial broadcaster Mediaset plans to close its pay-TV channels and move their content to a video streaming service after losing 80 percent of its paying clients in six months, a source close to the matter said.

German chauffeur service Blacklane plans IPO within three years

German chauffeur service Blacklane is planning an initial public offering (IPO) in the next three years, its chief executive told Reuters, as it strives to build its position in the fast-growing premium taxi market.

Amazon speeds up shipping, but rivals' stores buck its challenge

Amazon's promise of one-day shipping threatens to upend the retail sector, but its rivals' physical stores give the likes of Walmart and Target powerful assets that Amazon itself is scrambling to match.

U.S. antitrust chief says has not made up mind on Sprint, T-Mobile merger

Makan Delrahim, the head of the U.S. Justice Department's Antitrust Division, said on Monday that there had been no decision made on whether to approve the merger of Sprint and T-Mobile but that meetings on the matter continued.

France, Germany agree on first battery cell consortium: FAZ

France and Germany have asked the European Commission to green-light state subsidies for a cross-border battery cell consortium involving carmaker PSA with its German subsidiary Opel and Total's Saft, FAZ newspaper reported on Monday.

Uber quizzed on growth at IPO roadshow in London

Uber Technologies Inc Chief Executive Dara Khosrowshahi sought to persuade money managers in London that the loss-making ride hailing firm's growth plans justified a valuation of up to $91.5 billion in an initial public offering (IPO).

Spotify hits 100 million subscribers, reports revenue jump

Spotify Technology SA, the world's leading streaming platform, said on Monday it had hit 100 million paid subscribers as it reported a better-than-expected rise in first-quarter revenue.

U.S. Supreme Court seeks Trump administration views on Google-Oracle copyright feud

The U.S. Supreme Court on Monday asked the Trump administration to offer its views on whether it should hear Google's bid to end Oracle Corp's copyright infringement lawsuit involving the Android operating system that runs most of the world's smartphones.

Alibaba pays $250 million to settle lawsuit over pre-IPO counterfeiting warning

Alibaba Group Holding Ltd said on Monday it will pay $250 million to settle a U.S. lawsuit faulting the Chinese e-commerce company for concealing a regulatory warning about its ability to stop counterfeiting before it went public in 2014.

U.S. will rethink cooperation with allies who use Huawei: official

Washington does not see any distinction between core and non-core parts of 5G networks and will reassess sharing information with any allies which use equipment made by China's Huawei, a U.S. cybersecurity official said on Monday.

German driver service Blacklane will IPO in the next three years: CEO

German driver service Blacklane is planning an initial public offering in the next three years, its chief executive Jens Wohitorf told Reuters on Monday.

Cisco revamps its hardware for new Wi-Fi technology

Cisco Systems Inc said on Monday it is rolling out hardware for the next generation of Wi-Fi standards, giving a core part of its $28.2 billion infrastructure business a refresh and in the process aiming to garner more software revenue.

Tesla says may seek alternative financing sources

Tesla Inc said on Monday it could seek alternative financing sources although it expects cash generated from its business would be enough to fund its investments and pay down debt.

ZTE Corp swings to first-quarter profit of 862.6 million yuan

China's ZTE Corp reported on Monday a first-quarter profit of 862.6 million yuan ($128.2 million), as expected, up from 276 million yuan in the preceding three months, as it recovered from last year's U.S. sanctions.

Spotify revenue beats on higher paid subscriber addition, shares rise

Spotify Technology SA reported a better-than-expected rise in first-quarter revenue on Monday as the music streaming company hit 100 million paid subscribers for its premium service, sending its shares up nearly 5 percent.

Bosch signs pact with Sweden's Powercell to mass produce fuel cells

German auto supplier Bosch on Monday said it had reached a licensing agreement with Powercell Sweden AB to jointly mass produce hydrogen fuel cells for electrifying heavy-duty commercial vehicles.

Jaguar Land Rover planning to allow helpful car drivers to earn cryptocurrency

Jaguar Land Rover, Britain's largest auto manufacturer, said on Monday it is testing software that will allow drivers of its cars to earn the IOTA cryptocurrency as a reward for sharing data.

Fly me to the moon: Germany eyes slice of lucrative space market

BERLIN Reuters) - Facing tough competition from China, the United States and even tiny Luxembourg, Germany is racing to draft new laws and attract private investment to secure a slice of an emerging space market that could be worth $1 trillion a year by the 2040s.

Chinese electric car maker BYD's first-quarter profit up 632 percent, sees first-half profit up

Chinese electric vehicle maker BYD Co Ltd, backed by U.S. investor Warren Buffett, reported on Sunday a 632 percent jump in its first-quarter net profit, buoyed by strong demand for its new energy vehicles.

China urges UK not to discriminate against Huawei in 5G development

China on Sunday warned Britain not to discriminate against companies involved in developing the 5G network and to resist pressure from other countries over whether it should work with Huawei Technologies.

Tesla's Musk agrees to new vetting rules for tweets in SEC deal

Tesla Inc Chief Executive Elon Musk has reached a deal with the U.S. Securities and Exchange Commission to settle a dispute over his use of Twitter, agreeing to submit his public statements about the company's finances and other topics to vetting by its legal counsel, according to a court filing on ...

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