Toyota abandons plan to install U.S connected vehicle tech by 2021

Toyota Motor Corp said on Friday it was halting plans to install Dedicated Short-Range Communications technology on U.S. vehicles aimed at letting cars and trucks communicate with one another to avoid collisions.

Tesla's Elon Musk reaches deal with SEC over Twitter use

Tesla Inc Chief Executive Elon Musk has reached a deal with the U.S. Securities and Exchange Commission to settle a dispute over Musk's use of Twitter, according to a court filing on Friday.

Uber unveils IPO terms that are well below expectations

Uber Technologies Inc, the world's largest ride-hailing company, plans an initial public offering that values the company as much as one-third below what the startup's insiders had hoped for, between $80.5 billion and $91.5 billion.

Ending tough week, Tesla shares sink to lowest in two years

Tesla Inc's stock price slumped 5% on Friday to its lowest in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.

Slack is loss-making but revenue continues to grow, filing shows

The owner of popular workplace instant messaging app Slack made public strong year-on-year growth numbers on Friday, and an annual loss of $140.7 million, as it filed formally for its long-awaited market debut.

Slack is loss-making but revenue continues to grow, IPO filing shows

The owner of popular workplace instant messaging app Slack made public strong year-on-year growth numbers on Friday, and an annual loss of $140.7 million, as it filed formally for its long-awaited market debut.

Toyota halts plan to install U.S. connected vehicle technology by 2021

Toyota Motor Corp said on Friday it was halting plans to install Dedicated Short-Range Communications (DSRC) technology, aimed at letting cars and trucks communicate with one another to avoid collisions, on U.S. vehicles beginning in 2021.

Toyota halts plan to install U.S. connected vehicle tech by 2021

Toyota Motor Corp said on Friday it was halting plans to install Dedicated Short-Range Communications (DSRC) technology, aimed at letting cars and trucks communicate with one another to avoid collisions, on U.S. vehicles beginning in 2021.

Uber unveils IPO terms that temper expectations

Uber Technologies Inc, the world's largest ride-hailing company, plans an initial public offering that values the company lower than the startup's insiders had hoped, between $80.5 billion and $91.5 billion.

Ending tough week, Tesla shares sink to lowest level in two years

Tesla Inc's stock slumped over 5% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.

Ending tough week, Tesla sinks to lowest level in two years

Tesla Inc's stock slumped over 4% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.

Italian PM assures Huawei it won't face discrimination

Italian Prime Minister Giuseppe Conte said on Friday he had assured China's Huawei Technologies that it would not face discrimination in the rollout of Italy's 5G telecoms network.

Chernobyl comes back to life in Ukrainian computer game

A Ukrainian computer game that brings to life a town abandoned after the Chernobyl nuclear disaster may not sound like everyone's idea of fun but has attracted 60,000 people globally since its launch in October.

Slack posts $141 million annual loss as it files to go public

Slack Technologies, operator of the popular workplace instant-messaging app, reported an annual loss of $140.7 million, the company said on Friday ahead of its planned public market debut.

Slack posts $140.7 million loss in FY 2019 as it prepares to go public

Slack Technologies Inc, operator of the popular workplace instant-messaging app, reported a loss of $140.7 million in the fiscal year ended Jan. 31, 2019, the company said on Friday in a regulatory filing ahead of its planned public market debut.

Wirecard chairman will not stand for second term: Handelsblatt

Wulf Matthias will not stand for a second term as Wirecard's chairman in 2020, German daily Handelsblatt said on Friday, citing sources in the financial industry.

Britain must get to bottom of Huawei leak: UK finance minister

Britain must get to the bottom of the leak of confidential discussions during a top-level security meeting about the role of China's Huawei Technologies in 5G network supply chains, British finance minister Philip Hammond said on Friday.

Uber sets terms for IPO, posts $1 billion first-quarter loss

Ride-hailing company Uber Technologies Inc is aiming for a valuation of up to $91.5 billion in its initial public offering, potentially the largest U.S. listing in years and a test of investor appetite for a high-growth but highly unprofitable business.

Uber sets $44-$50 per share price for IPO, posts $1 billion first-quarter loss

Ride-hailing company Uber Technologies Inc unveiled terms for its initial public offering on Friday, telling investors it would seek to sell as much as $10.35 billion in stock at a valuation of up to $91.5 billion.

Sony flags disappointing profit, scraps targets as gaming slows

Sony Corp warned of a sharper-than-expected drop in its annual profit and scrapped some longer-term targets, in a sign a slowdown in its gaming business as its PlayStation 4 console nears the end of its life was beginning to hurt.

Chinese brands rule Indian smartphone market with 2/3rds of share: report

Chinese brands controlled a record 66 percent of Indian smartphone market in the first quarter, led by Xiaomi Corp, a report showed, with volumes rising 20 percent on the back of popularity for brands like Vivo, RealMe and Oppo.

China's rocket start-ups go small in age of 'shoebox' satellites

During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China's youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

KPN: Excluding Huawei from 5G network will not incur extra costs

Dutch telecom company KPN will strip out equipment made by China's Huawei from its existing core mobile telecommunications network at the same time as it upgrades to 5G technology, the company's Chief Financial Officer said on Friday. Jan Kees de Jager said on a conference call that normally droppin...

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Huawei hopes for Britain-like solution in New Zealand 5G bid

China's Huawei Technologies said Britain's decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Dutch telecom KPN won't use Huawei for 'core' 5G network

Dutch telecom firm Royal KPN NV said on Friday it would select a Western supplier to build its core 5G mobile network, making it one of the first European operators to make clear it would not pick China's Huawei for such work.

Sony sees lower annual profit as gaming business slows

Japan's Sony Corp warned its annual operating profit would drop, after two years of record highs, as its previously thriving gaming business slows and its PlayStation 4 (PS4) console nears the end of its lifecycle.

Yara, IBM to offer digital services to farmers

Fertilizer maker Yara International and IBM plan to launch digital farming services later this year to help boost crop yields, eventually targeting 100 million hectares, or close to 7 percent of arable land worldwide, they said.

Sony forecasts lower annual profit as gaming business slows

Japan's Sony Corp expects its annual operating profit to drop 9.4 percent, after two straight years of record highs, as its gaming business slows and its PlayStation 4 console nears the end of its lifecycle.

Hamas shifts tactics in bitcoin fundraising, highlighting crypto risks: research

The armed wing of Hamas is using increasingly complex methods of raising funds via bitcoin, researchers say, highlighting the difficulties regulators face in tracking cryptocurrency financing of outfits designated by some as terrorist groups.

PayPal to invest $500 million in Uber: Refinitiv IFR

Online payments company PayPal Holdings Inc plans to invest $500 million in Uber Technologies Inc as the ride-hailing firm readies to unveil terms for its initial public offering on Friday, Refinitiv IFR reported.