SoftBank picking its battles with U.S. national security committee

SoftBank Group Corp has agreed to give up board seats and access to sensitive information, take a more passive role in startups and make other concessions to get government clearance for its technology deals, as the Japanese investor confronts a new U.S. law aimed at cracking down on foreign investo...

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Disney sees ESPN+ reaching up to 12 million subscribers by 2024

ESPN+, Walt Disney Co's sports video streaming service, could attract between 8 million and 12 million paying subscribers by the end of the fiscal 2024 year, the company said on Thursday.

Marvel, monsters and 'Mandalorian' coming to Disney+ app

Walt Disney Co unveiled new details on Thursday about Disney+, a family-friendly digital video subscription that is set to debut later this year and compete with Netflix Inc.

Amazon Japan raises Prime membership fee for first time in 11 years

Amazon.com Inc's Japanese unit raised the membership fee for its Prime service by 26 percent on Friday, the first such hike since it was launched in the country 11 years ago.

China's largest stock image provider shuts website after criticism

Visual China Group, China's largest stock images provider, on Friday shut its website to make changes and apologized after it was criticized online and by regulators for selling images which it did not hold the ownership rights to.

Factbox: SoftBank's transportation bets

In addition investing more than $25 billion in Didi, Uber, Ola, Grab and Cruise, SoftBank Group Corp and its investment arms have poured another $5 billion into eight companies involved in some aspect of transportation.

Inside SoftBank's push to rule the road

SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc turn into more than $13 billion when the company goes public next month.

Elon Musk's SpaceX sends world's most powerful rocket on first commercial flight

The most powerful operational rocket in the world, SpaceX’s Falcon Heavy, launched its first commercial mission on Thursday from Florida in a key demonstration for billionaire entrepreneur Elon Musk's space company in the race to grasp lucrative military launch contracts.

Disney announces price and date of new streaming service

Walt Disney Co on Thursday said its new family-friendly streaming service will cost $7 monthly or $70 annually with a slate of exclusive TV shows and movies from some of the world's most popular entertainment franchises in a bid to challenge the digital dominance of Netflix.

Factbox: How Uber and Lyft compare on key financial metrics

Uber Technologies Inc’s initial public offering filing on Thursday contains data that will be key to selling itself to investors.

Walmart responds to Bezos with tweet asking Amazon to pay taxes

Amazon.com Inc Chief Executive Jeff Bezos on Thursday challenged retailers to hike their minimum wages to $16 an hour, prompting a comeback from Walmart Inc which asked its rivals to pay taxes.

Uber unveils IPO with warning it may never make a profit

Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its initial public offering filing.

SpaceX's Falcon Heavy conducts first commercial flight

The most powerful operational rocket in the world, SpaceX’s Falcon Heavy, launched its first commercial mission on Thursday from Florida in a key demonstration for billionaire entrepreneur Elon Musk's space company in the race to grasp lucrative military launch contracts.

Explainer: Who is in the driver's seat in battle for South Korean gaming giant Nexon?

The sale of a controlling stake in the parent of South Korean gaming firm Nexon Co is now narrowing to a handful of serious bidders after generating fevered speculation. 

Disney hopes Wall Street bets on new global streaming service

Walt Disney Co on Thursday unveiled details of a family-friendly streaming service with TV shows and movies from some of the world's most popular entertainment franchises in a bid to challenge the digital dominance of Netflix.

In IPO, Uber reveals 91 million users but slowing growth

Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its initial public offering filing.

Uber reveals 91 million users but cautions on profitability in IPO filing

Uber Technologies Inc on Thursday revealed its initial public offering (IPO) filing, saying more than 90 million riders used the service worldwide while warning it may never make a profit due to pressure from rivals.

Tesla, Panasonic to seek productivity gains before new battery investments

Panasonic Corp and Tesla Inc will continue to make new investments in the U.S. electric carmaker's Gigafactory as needed, but believe they can squeeze more out of existing resources than previously planned, Tesla said on Thursday.

Anti-Uber protests flare in Argentina as ride-hailing app prepares IPO

Thousands of taxi drivers snarled traffic in the center of Buenos Aires on Thursday to protest the threat to their business from Uber, in the latest reminder of the headaches the ride-hailing platform faces worldwide as it prepares to go public.

Disney CEO Iger takes a dig at social media, says Hitler would have loved it: Variety

Walt Disney Co Chief Executive Officer Bob Iger took a dig at the popularity of social media, saying it was a powerful marketing tool and Hitler would have loved it, Variety reported.

Nepal bans online game PUBG citing negative impact on children

Nepal on Thursday banned the popular online game PlayerUnknown's Battlegrounds (PUBG), saying its violent content had a negative impact on children, an official said.

Suppliers Freudenberg, Benteler join forces in electric cars

German car parts makers Benteler and Freudenberg Vibracoustic are joining forces in the development of parts for electric vehicles, the companies said on Thursday, amid a growing trend of companies in the sector cooperating to cope with change.

Apple in Dutch antitrust spotlight for allegedly promoting own apps

Apple, already the subject of EU antitrust scrutiny, on Thursday became the target of a Dutch investigation for allegedly favoring its own apps on its popular App Store.

EU regulators say Dutch Apple probe complements their own investigation

A Dutch antitrust investigation into whether Apple unfairly favors its own apps is in line with the European Union's own ongoing scrutiny of Spotify's complaint against the iPhone maker, the European Commission said on Thursday.

Apple says treats all app developers equally as Dutch open probe

Apple on Thursday said it treated all app developers equally and was confident a Dutch antitrust investigation would end with the same conclusion.

Huawei says its equipment as secure as any, pans U.S. campaign

China's Huawei Technologies said on Thursday the security of its telecoms network equipment was as tight as any, and hit back at the U.S. government for briefing Washington's allies against it.

Anti-Uber protests flare in Argentina as firm prepares IPO filing

Taxi drivers took to the streets of Buenos Aires on Thursday to protest against Uber, underscoring the challenges the ride-hailing giant faces in the fast-growing Latin American market as it prepares to file a much-anticipated initial public offering.

Panasonic reviewing further investment in Tesla Gigafactory

Panasonic Corp and Tesla Inc are holding off on further investment in the U.S. electric carmaker's Nevada Gigafactory while they squeeze more out of existing resources and study market demand, the companies said on Thursday.

Norway's OSM Aviation orders 60 electric planes to cut training costs

Norway's OSM Aviation, a recruitment and training firm partly-owned by low-cost carrier Norwegian Air, has ordered 60 all-electric training planes from Colorado-based aircraft manufacturer Bye Aerospace to cut flight costs.

Taxi unions march in Argentina to protest Uber

Drivers from Buenos Aires' powerful taxi unions will take to the streets on Thursday to begin two days of protests against ride-hailing apps including Uber, which they claim operate illegally in the city.