China's ZTE Corp lost $1 billion in 2018, despite last quarter rebound

China's ZTE Corp made a net profit of 276 million yuan in the fourth-quarter as it recovered from costly U.S. sanctions which dragged it to an overall 2018 loss of 7.0 billion yuan ($1 billion).

Ericsson says no bounty from Huawei 5G security worries

Telecoms equipment supplier Ericsson is yet to see an increase in contract wins on the back of security concerns over China's Huawei, the Swedish company's chief executive said on Wednesday

Autonomy founder Lynch was scapegoat for HP's incompetence, court told

Hewlett-Packard botched its $11.1 billion acquisition of Autonomy and then tried to cover up its own mismanagement by accusing the British software company's founder Mike Lynch of fraud, a London court was told on Wednesday.

Payments giant Worldpay targets growth in Australia and New Zealand

Payments group Worldpay said on Wednesday it was expanding its business in Australia and New Zealand, a new heavyweight disruptor vying for the business of the established payment networks and banks servicing most local firms.

Santander Brasil partners with cosmetics maker Natura to offer banking services

Banco Santander Brasil SA has partnered with Natura Cosmeticos SA to offer banking services to the cosmetics maker's sellers, according to a securities filing on Wednesday.

Swiss financial watchdog finds $90 million initial coin offering illegal

The Swiss financial watchdog said on Wednesday the firm behind a $90 million initial coin offering (ICO) took money illegally from investors, highlighting a readiness by regulators to apply traditional market rules to cryptocurrency-related fundraising.

Auto1 may consider IPO in future but no need for cash now: CEO

German used-car dealing platform Auto1 said it could seek a public offering in future but a 2018 cash infusion from Japan's Softbank means it has no immediate need for extra funding of its European growth plans.

Ericsson says 5G security discussions leading to worry among customers

Ericsson says current 5G network security discussions is leading to worry among its customers, but the mobile network equipment maker has still not seen an increase in contracts due to that, its top chief said on Wednesday.

Exclusive: Fearful of fake news blitz, U.S. Census enlists help of tech giants

The U.S. Census Bureau has asked tech giants Google, Facebook and Twitter to help it fend off “fake news" campaigns it fears could disrupt the upcoming 2020 count, according to Census officials and multiple sources briefed on the matter.

VW to improve production with Amazon cloud to network its factories

Volkswagen on Wednesday said it has teamed up with Amazon Web Services to link up and integrate the data from 122 VW Group plants, machines and systems, as a way to improve its production systems and processes.

China video-streaming firm IQIYI raises $1.1 billion in convertible bonds

Video-streaming firm iQIYI, backed by search engine giant Baidu, on Wednesday raised $1.05 billion in six-year convertible bonds, in what is the second-largest such deal by a U.S.-listed Chinese company.

Amazon, Volkswagen agree strategic partnership for 'industry cloud': report

German carmaker Volkswagen and Amazon.com Inc have agreed on a strategic partnership to create a kind of "industry cloud", for which details will soon be announced, Germany's Sueddeutsche newspaper reported on Wednesday.

Exclusive: U.S. pushes Chinese owner of Grindr to divest the dating app - sources

Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since 2016, after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter.

Google to announce deal with Cuba on improving connectivity: source

Alphabet Inc’s Google plans to announce a memorandum of understanding with Cuban telecoms monopoly ETECSA on Thursday to explore ways of improving connectivity on the Communist-run island, a person familiar with matter told Reuters.

South America resists electric vehicles as local fuels remain in favor

Meeting in Brazil this week, auto executives from Toyota to GM talked up traditional fuel sources like ethanol, natural gas and diesel, underlining how South America's protected auto market is likely to resist a broader global move toward electric vehicles for years to come.

Apple, Qualcomm gird for next phase of patent battle after mixed U.S. rulings

Split decisions on Tuesday by a U.S. government panel in acrimonious patent disputes between iPhone-maker Apple and chip supplier Qualcomm left their battle lines largely unchanged ahead of a U.S Federal Trade Commission ruling and a major trial next month.

Dueling Qualcomm, Apple rulings leave battle lines unchanged

Split decisions on Tuesday by a U.S. government panel in acrimonious patent disputes between iPhone-maker Apple and chip supplier Qualcomm left the battle lines largely unmoved ahead of a U.S Federal Trade Commission ruling and a major trial next month.

Qualcomm loses bid for Apple iPhone import ban in ITC ruling

Qualcomm Inc on Tuesday lost a bid to have imports of some Apple Inc iPhones banned in a final ruling on one dispute between the two companies by the full U.S. International Trade Commission.

Qualcomm loses bid for Apple iPhone import ban in ITC ruling

Qualcomm Inc on Tuesday lost a bid to have imports of some Apple Inc iPhones banned in a final and binding ruling on one dispute between the two companies by the full U.S. International Trade Commission.

Goldman's Apple pairing furthers bank's mass-market ambitions

Goldman Sachs Group Inc's credit card deal with Apple Inc is the latest move by the Wall Street investment bank to court mass-market consumers, potentially connecting Goldman with hundreds of millions of iPhone users.

U.S. trade judge recommends sales ban on some Apple iPhones

A U.S. trade judge on Tuesday recommended Qualcomm Inc win a sales ban on some Apple Inc iPhone models containing chips made by Intel Corp in one of two patent disputes before the International Trade Commission.

Google launches global council to advise on AI and tech ethics

Alphabet Inc's Google said on Tuesday it was launching a global advisory council to consider ethical issues around artificial intelligence and other emerging technologies.

U.S. trade judge recommends import ban on some Apple iPhones

A U.S. trade judge on Tuesday recommended Qualcomm Inc be granted a request for an import ban on some iPhones sold by Apple Inc.

Volvo raises 600 million euros in second bond deal this year

Volvo Cars has raised 600 million euros ($677 million) via a bond issue on Tuesday, its second this year and which also comes seven months after the Swedish carmaker shelved plans to list on the stock market.

Deutsche Telekom open to data cooperation to boost security

Deutsche Telekom is open to exchanging data with other operators to improve network security as the industry moves towards super-fast 5G technology, the head of its European business said on Tuesday.

Huawei welcomes EU executive's 'objective' approach to 5G

Chinese telecoms equipment company Huawei said on Tuesday it welcomed the European Commission's "objective and proportionate" approach to the security of future 5G networks.

Norsk Hydro's initial loss from cyber attack may exceed $40 million

Norwegian aluminum maker Norsk Hydro may have lost more than $40 million in the week that followed a cyber attack that paralyzed parts of its operations, and a full recovery of IT systems will take weeks or more, the company said.

EU demands scrutiny of 5G risks but no bloc-wide Huawei ban

EU nations will be required to share data on 5G cybersecurity risks and produce measures to tackle them by the end of the year, the European Commission said on Tuesday, shunning U.S. calls to ban China's Huawei Technologies across the bloc.

Wirecard shares soar after law firm clears head office of wrongdoing

Local staff at the Singapore office of Wirecard may have committed crimes but these were not material to the German payment company's financial position, an investigation by an outside law firm has found.

Citigroup to enter burgeoning consumer payments business

Citigroup Inc said on Tuesday it is developing a consumer-payments platform, in a move to enter the rapidly growing digital payments industry.