Netflix forecasts weak subscriber additions in second quarter, shares down

Netflix Inc on Tuesday forecast a fall in global paid subscriber additions for the second quarter compared with a year earlier after reporting better-than-expected subscriber additions in the first quarter, sending its shares down 4 percent.

Qualcomm stock surges after settling long patent dispute with Apple

Qualcomm Inc on Tuesday won a major victory in settling its wide-ranging legal dispute with Apple Inc, signing a six-year patent license deal and a supply agreement that could pave the way to getting its modem chips back in the iPhone, which featured only Intel Corp chips last year.

Apple and Qualcomm settle royalty dispute

Apple Inc and Qualcomm Inc on Tuesday settled their royalty dispute, reaching an agreement on global patent license and chipset supply.

Fried chicken vs $13: Apple, Qualcomm explain claims to jury as trial opens

Apple Inc and Qualcomm Inc on Tuesday opened a complex trial with the iPhone maker using a fried chicken analogy to illustrate its claim the chip company is abusing its market power while Qualcomm alleged a years-long plan by Apple to deprive it of billions in revenue, $13 at a time.

Apple likens Qualcomm chips to fried chicken as trial begins

A trial opened Tuesday in a complex contract and anti-trust dispute between Apple Inc and Qualcomm Inc with the iPhone maker using a fried chicken analogy to explain its claim that the chip company is abusing its market power.

Google blocks Chinese app TikTok in India after court order

Google has blocked access to the hugely popular video app TikTok in India to comply with a state court's directive to prohibit its downloads, a person with direct knowledge of the matter told Reuters on Tuesday.

Netflix surges ahead of quarterly results report; Disney in focus

Shares of Netflix jumped 3 percent on Tuesday ahead of the streaming video service's quarterly results, with traders expecting a larger than normal reaction from the stock as new competition looms from Walt Disney Co.

Twitter suspends 100k accounts for creating new ones after suspension

Twitter Inc said on Tuesday it had suspended 100,000 accounts for creating new accounts after a suspension during January-March period, a 45 percent increase from last year.

AI-assisted stock trading venue plans to use the technology for bigger trades

Imperative Execution, a startup electronic stock trading venue operator, has found early success using artificial intelligence (AI) to reduce price movements after trades, and now it plans to use the technology to help brokers get larger trades done.

AI Robot paints its own moonscapes in traditional Chinese style

A Hong Kong artist has created an artificial intelligence (AI) robot which creates its own paintings.

Indian court refuses to suspend ban order on Chinese app TikTok

An Indian court on Tuesday refused a request by China's Bytedance Technology to suspend a ban on its popular video app TikTok, a lawyer involved in the case said, putting the app's future in one of its key markets in doubt.

Amazon to crunch data for Chilean stargazers amid Latam push

Amazon Web Services, a unit of Amazon.com Inc, said it will help astronomers in Chile crunch huge troves of data using its cloud computing services, a symbolically important step for the retail-to-entertainment giant as it looks to expand in Latin America.

Tianhong, controlled by Jack Ma's Ant Financial, seeks diversification outside China

China's Tianhong Asset Management Co, controlled by Jack Ma's Ant Financial Group, is stepping up the expansion of its cross-border business as regulatory curbs check the growth of its giant Yu'e Bao fund at home, a senior executive said on Tuesday.

Italy's competition watchdog launches probe into five Amazon companies

Italy's antitrust authority said on Tuesday it had launched a probe into five Amazon companies for possible abuse of dominant market position in e-commerce and logistical services. It said the probe had been launched into Amazon Services Europe, Amazon Europe Core, Amazon EU, Amazon Italia Services ...

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India's Wipro misses fourth-quarter profit estimates

Indian software services exporter Wipro Ltd missed analyst estimates for fourth-quarter profit on Tuesday, partly hurt by a rise in expenses and forecast weak growth at its biggest business segment.

India's Wipro fourth-quarter profit rises 38 percent

Indian software services exporter Wipro Ltd on Tuesday

Crypto compliance startup Chainalysis raises funding from MUFG, Sozo Ventures

New York-based cryptocurrency compliance startup Chainalysis has raised $6 million in funding from Japanese financial group Mitsubishi UFJ Financial Group Inc and venture capital firm Sozo Ventures, the company said on Tuesday.

Japan to require crypto exchanges to bolster internal oversight: source

Japan's financial regulator will require cryptocurrency exchanges to strengthen internal oversight of the so-called "cold wallets" used to store digital money, a source with direct knowledge of the matter told Reuters on Tuesday.

Russia: Twitter, Facebook have nine months to comply with data law - Ifax

Twitter and Facebook have nine months to comply with data law by moving Russian user data onto servers in Russia, Interfax cited communications watchdog head Alexander Zharov as saying on Tuesday.

Italy's antitrust authority launches probe into five Amazon companies

Italy's antitrust authority said on Tuesday it had launched a probe into five Amazon companies for possible abuse of dominant market position in e-commerce and logistical services.

Poland to hold off blanket ban on Huawei 5G gear due to cost concerns

Poland is unlikely to exclude all Huawei equipment from its next generation mobile networks, a government minister told Reuters, in part to avoid increased costs for mobile operators.

Huawei says not discussed 5G chipsets with Apple, wins more telco gear contracts

China's Huawei Technologies said on Tuesday it has not held talks with Apple Inc about supplying 5G chipsets, a day after its founder said it was open to selling such chips to the U.S. firm which has yet to unveil dates for a next-gen iPhone.

Foxconn's Gou says may run for Taiwan president, step back from daily business

Foxconn's Chairman Terry Gou said on Tuesday he is considering whether to run for Taiwan's 2020 presidential election, a day after Reuters reported the tycoon planned to step down from the world's largest contract manufacturer.

India's Wipro investigating potential breach of some employee accounts

Indian IT services firm Wipro Ltd said on Tuesday some of its employee accounts may have been hacked due to an advanced phishing campaign and that the company had launched an investigation to contain any potential impact.

Daimler: Mercedes sells more than 600 Maybach models a month in China

Daimler's China chief said sales rose 3 percent in the first quarter, defying an overall downturn in demand in the world's biggest car market, thanks to robust demand for ultra luxury vehicles like the Mercedes S-Class Maybach.

Huawei says not discussed 5G chipsets with Apple: chairman

Huawei Technologies, one of the world's biggest smartphone makers, has not had talks with Apple Inc about supplying it with 5G chipsets, Rotating Chairman Ken Hu said on Tuesday.

Foxconn chairman mulls presidential bid; plans to withdraw from daily ops

Foxconn's Chairman Terry Gou said on Tuesday he is considering whether to run for Taiwan's 2020 presidential election, a day after Reuters reported the tycoon planned to step down from the world's largest contract manufacturer.

Foxconn chairman to withdraw from daily operations, considers presidential run

Terry Gou, the chairman of Taiwan's Foxconn, the world's largest contract manufacturer, plans to withdraw from the daily operations of the company and is considering running for president.

The uphill road: battery limitations to test China's electric vehicle ambitions

It took one 330 kilometer trip from Chongqing to Chengdu in his Nio ES8, a seven-seater all-electric SUV, for its owner Wang Haichun to be consumed with buyer's remorse.

Daimler to launch electric compact SUV in 2021: CEO

Daimler plans to launch an electric compact sport utility vehicle in 2021 which will be called the Mercedes EQB, the German carmaker's CEO said on Tuesday.