Fastly Inc, a U.S. startup whose software helps websites load more quickly, has hired Bank of America Corp as lead underwriter on an initial public offering that could value the company at more than $1 billion, people familiar with the matter said.

U.S. chipmaker Micron Technology Inc beat analysts' estimates for quarterly revenue on Wednesday, getting a lift from demand for its memory chips used in data centers.

Walmart Inc. Chief Technology Officer Jeremy King is leaving the company, according to an internal company memo, even as the retailer races to transform its e-commerce business and close the gap with rival Amazon.com Inc.

Lyft Inc executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at a road show for investors ahead of the ride-hailing company's initial public offering set for next week.

A Lithuanian man on Wednesday pleaded guilty to U.S. charges that he helped orchestrate a scheme to defraud Facebook Inc and Alphabet Inc's Google out of more than $100 million, federal prosecutors announced.

Volvo Cars expects its margins on electric cars to match those of vehicles with combustion engines by 2025, the head of the Chinese-owned Swedish carmaker told Reuters.

WASHINGTON - The U.S. Supreme Court on Wednesday put in jeopardy an $8.5 million settlement Google has agreed to pay to resolve a class action lawsuit accusing it of violating a federal privacy law by sharing users' search queries with other websites.

Google was hit with a 1.49-billion-euro ($1.7 billion) fine on Wednesday, the third antitrust sanction from the European Union in two years after a record-breaking 4.34 billion euro penalty last year and a 2.4-billion-euro sanction in 2017 over its anti-competitive practices.

WASHINGTON - The U.S. Supreme Court on Wednesday cast doubt on a $8.5 million settlement Google had agreed to pay to end an internet privacy dispute, directing a lower court to review whether plaintiffs who accused the search engine operator of wrongdoing in a class action lawsuit were legally eligi...

Ford Motor Co said on Wednesday it is adding production of a fully electric vehicle at a second North American plant as part of its $11 billion investment plan set last year.

Swedish automaker Volvo hopes to reinforce its reputation for safety-first driving by installing cameras and sensors in its cars from the early 2020s, monitoring drivers for signs of being drunk or distracted and intervening to prevent accidents.

Foxconn Ventures Holdco has sold $398.4 million worth of Alibaba Group Holding Ltd's shares, in a block trade in the open market managed by Goldman Sachs Group Inc, people familiar with the matter said on Wednesday.

Apple Inc on Wednesday launched an updated version of its wireless "AirPods" headphones, ahead of a March 25 event where it is expected to unveil a television and video service.

Poste Italiane aims to more than double the number of parcels it delivers by 2022, the head of its Mail and Parcel (M&P) unit said, as the former postal services monopoly presses on with its restructuring.

Google was fined 1.49 billion euros ($1.7 billion) on Wednesday for blocking rival online search advertisers, the third large European Union antitrust penalty for the Alphabet business in two only years.

Google has made and will make a number of changes to address EU antitrust regulators' concerns that it unfairly promoted its shopping service and hindered rivals of its Android smartphone operating system, a senior executive said on Wednesday.

Europe's antitrust chief Margrethe Vestager gave a cautious welcome on Wednesday to Google's attempts to boost rivals and offer Android users a choice of browser and search apps in order to comply with her orders in two separate cases.

EU antitrust regulators handed down a 1.49 billion euro ($1.69 billion) fine to Alphabet unit Google on Wednesday for blocking rival online search advertisers, marking the company's third penalty in two years.

Norsk Hydro, one of the world's largest aluminum producers, has made some progress restoring operations but is not yet back to normal after it was hit by a ransomware cyber attack, the company said on Wednesday.

Toyota Motor Corp and Suzuki Motor Corp on Wednesday said they planned to produce electric vehicles (EVs) and compact cars for each other to better compete with fast-changing technologies in the global auto industry.

Norsk Hydro, one of the world's largest aluminum producers, has made some progress in restoring operations but is not yet back to normal after a ransomware cyber attack, the company said on Wednesday.

The Italian government plans to extend its special powers on strategic interests to 5G technologies in a bid to ease U.S. concerns over a planned accord on infrastructure Rome plans to sign with China this week, the ruling League party said on Wednesday.

When business software company SAP announced in January it would lay off 4,400 staff, Chief Financial Officer Luka Mucic described the restructuring as a "fitness program" for Europe's most valuable technology firm.

Norsk Hydro, one of the world's largest aluminum producers, has made some progress in restoring operations but is not yet back to normal after a ransomware cyber attack, the company said in a statement on Wednesday.

European Competition Commissioner Margrethe Vestager will hold a news conference on an antitrust case at 1030 GMT (11.30 a.m. Brussels time), the European Commission said on Wednesday.

Norsk Hydro, one of the world's largest aluminum producers, has made progress in stabilizing operations following a ransomware cyber attack that began late on Monday, the company said in a statement on Wednesday.

Chinese smartphone maker Xiaomi Corp beat quarterly profit estimates as it dominated the fast-growing Indian market and sold more expensive handsets in Western Europe, but shares slid as revenue fell short of expectations.

Samsung Electronics Co Ltd said on Wednesday its new Galaxy flagship smartphones were selling well in China and it was confident it could reverse the recent slump in its fortunes in the world's biggest smartphone market.

Samsung Electronics Co Ltd expects a tough year due to global trade tensions, slowing economic growth and softer demand for memory chips from data center companies, the firm's co-chief executive said on Wednesday.

Alphabet's Google will prompt Android users to choose their preferred browsers and search apps, a senior Google executive said on Tuesday, as the company seeks to allay EU antitrust concerns and ward off fresh sanctions.