Volocopter eyes launch of its electric helicopter taxis in Singapore

German startup Volocopter said Singapore is emerging as one of the most likely destinations for the commercial launch of its electric helicopters, where it hopes to offer short-hop flights for the price of a limousine ride.

Tencent takes 29% stake in computer games maker Funcom

China's Tencent Holding Ltd has agreed to buy a 29% stake in Oslo-listed computer games developer Funcom , becoming the biggest shareholder, Funcom said on Monday.

Exclusive: Fintech firm Revolut to hire 3500 staff in global push with Visa

British-based digital banking app Revolut is set to hire around 3500 staff as it expands into 24 new markets thanks to a new global deal with payments giant Visa Inc, the two companies said on Monday.

Exclusive: TikTok owner ByteDance's H1 revenue better than expected at over $7 billion - sources

China's ByteDance, owner of video-sharing app TikTok and one of the world's most valuable unicorns, booked revenue of 50-60 billion yuan ($7 billion to $8.4 billion) in a better-than-expected result for the first half, people familiar with the matter told Reuters.

Elon Musk unveils new Mars rocket prototype, expects missions in months

Billionaire entrepreneur Elon Musk has unveiled the latest iteration of his space company's newly assembled Starship, outlining a speedy development timeline for the centerpiece vehicle of SpaceX’s quest to launch humans to the moon and Mars.

Motorbike ride sharing alleviates Dhaka traffic chaos

(This September 27 story corrects name of Pathao Chief Executive to Hassan M. Elius, not Hassan Melius, in paragraphs 6, 7.)

Match Group gets DOJ subpoena for documents relating to FTC complaint

Match Group Inc disclosed on Friday it had received a subpoena from the U.S. Department of Justice for documents relating to certain marketing-related claims in the Federal Trade Commission's (FTC) complaint.

Billionaire Slim's telco bullish on coveted Mexico TV license

America Movil, the telecoms giant controlled by the family of billionaire Carlos Slim, is growing increasingly bullish that it will receive a license to offer television in Mexico, a prize that has eluded it for nearly three decades.

Launch of Facebook's Libra could be delayed over regulatory concerns: executive

The launch of Facebook's Libra could be pushed back to tackle the regulatory concerns that have been raised around the world, the head of the organization set up to oversee the cryptocurrency told Reuters.

EU ready to act alone on digital tax if no global deal in 2020

European Union commissioners-designate said the bloc should agree on a digital tax if no deal on the matter was reached at a global level by the end of next year, ramping up pressure on multinationals accused of paying too little.

Italy's Tod's appoints former Google executive to ramp up digital effort

Italy's Tod's appointed a former Google executive as chief digital and innovation officer to ramp up its ongoing digital transformation, the shoes and leather goods company said on Friday.

Libra coin group in talks with EU regulators, executive tells Reuters

The Libra Association, due to launch and manage the Facebook-led Libra cryptocurrency, is talking to European Union regulators after opposition from Germany and France, its managing director said at one of his first public appearances on the job.

Apple will seek theater deals for movies before streaming: WSJ

Apple Inc plans to take a different path to streaming rival Netflix and allow theatrical releases for some of the feature-length films it has begun producing for its new Apple TV+ service, the Wall Street Journal reported on Friday.

Libra Association in talks with EU regulators, executive tells Reuters

The Libra Association, which will launch and manage the Facebook-conceived Libra cryptocurrency, is in discussions with European Union authorities following opposition voiced by Germany and France, its managing director told Reuters on Friday, at one of his first public appearances on the job.

Russia's Yandex launches video service aimed at rivaling YouTube

Russian internet giant Yandex is launching a video streaming service aimed at rivaling Google's YouTube that will allow users to publish videos on its personal recommendation platform Yandex Zen, the company said on Friday.

HSBC flips crime-spotting tool to scope new business

British bank HSBC has converted a financial crime-spotting algorithm it was forced to build in the wake of a money-laundering scandal into one that can scope out new business opportunities, bank executives said.

Apple plans to show films in theaters before streaming: WSJ

Apple Inc is planning to show feature-length films in theaters before releasing them on its streaming TV service, the Wall Street Journal reported on Friday, citing people familiar with the plans.

Libra cryptocurrency not out to replace existing money: project head

The Facebook-conceived Libra cryptocurrency, to be launched by a Geneva-based association next year, is not intended to replace existing currencies, Libra Association Managing Director Bertrand Perez said on Friday.

Huawei says it has begun producing 5G base stations without U.S. parts

Huawei Technologies Co Ltd [HWT.UL] said it has started making 5G base stations without U.S. components and that total production of 5G base stations should more than double next year as more countries introduce the technology.

Motorbike ride-sharing a panacea for Dhaka traffic chaos

Ride-sharing motorbike services are surging in popularity in the Bangladeshi capital of Dhaka, where nightmare traffic often means that walking is faster than traveling by car or bus.

In Mexico, 85 fintechs are seeking permission to operate

Mexican banking regulator CNBV said on Thursday it received applications from 85 companies to formally operate in the country under its new fintech law as the government of President Andres Manuel Lopez Obrador pushes for more financial inclusion.

DoorDash hack leaks data of 4.9 million customers, restaurants

Meal delivery service DoorDash Inc said on Thursday there was a data breach and information related to 4.9 million customers, delivery executives and restaurants may have been leaked.

Brazil's Oi to test 5G in Rio music festival using Huawei's gear

Brazil's telecoms carrier Oi SA is preparing to test fifth-generation wireless network (5G) during the Rock in Rio music festival, using equipment provided by China's Huawei Technology Co Ltd [HWT.UL], to conduct one of the largest trials of the technology in Brazil.

Tesla shares jump on leaked deliveries email, entertainment software update

Tesla Inc shares closed up 6% on Thursday on a report that Chief Executive Officer Elon Musk saw "a shot" at delivering 100,000 cars this quarter and the company said it will roll out a software update for watching movies and playing games in cars.

Regulator approves NYC area airport tax, favoring taxis over ride-hails

Passengers commuting to or from Newark Liberty, LaGuardia and John F. Kennedy airports by taxi or ride-hail service will have to pay additional fees beginning in October 2020, the Port Authority of New York and New Jersey said on Thursday.

Internet sector contributes $2.1 trillion to U.S. economy: industry group

The rapidly growing internet sector accounted for $2.1 trillion of the U.S. economy in 2018, or about 10% of the nation's gross domestic product (GDP), an industry group said on Thursday.

Explainer: Advertising execs point to five ways Google stifles business

U.S. authorities investigating Alphabet Inc's Google for anticompetitive behavior have recently begun probing the company's $116 billion-a-year advertising business.

New York sues Dunkin' Donuts over cyberattacks

The parent of Dunkin' Donuts was sued on Thursday by New York Attorney General Letitia James, who accused the chain of failing to protect hundreds of thousands of customers whose accounts were targeted in a series of "brute force" cyberattacks.

Telecom Italia chairman quits as shareholder feud subsides

The chairman of Telecom Italia (TIM), Fulvio Conti, stepped down on Thursday in a move that signals an easing of tensions between the group's main shareholders.

Telecom Italia aims to bring funds into single fiber network deal: sources

Telecom Italia has presented shareholders of smaller rival Open Fiber a list of funds that could buy into the fast broadband company as part of plans to create a single nationwide fiber network, three sources close to the matter said.