Fitbit launches lower-cost fitness devices to combat Samsung, Apple

San Francisco-based Fitbit Inc launched its cheapest smartwatch on Wednesday in a bid to defend its place in the wearable electronics market, as larger rivals roll out devices aimed at helping users track their health.

House to hold hearing on Sprint, T-mobile proposed merger

U.S. House lawmakers plan to hold a March 12 hearing to review a proposed $26 billion merger of T-Mobile US Inc and Sprint Corp with the telecommunications companies' chief executives, according to a congressional statement on Wednesday.

Daimler, BMW autonomous alliance seeks to define self-driving rules

Daimler and BMW are teaming up to develop autonomous driving technology to cut costs and set an industry standard that can help to shape future regulation for self-driving cars, senior executives said on Wednesday.

Russia wants to join Luxembourg in space mining

Russia, a leading producer of natural resources, plans to join Luxembourg in mining for minerals in outer space, Russian Deputy Prime Minister Tatyana Golikova said on Wednesday.

Volvo Cars warns of pulling electric cars out of United States: FT

Volvo Cars, owned by China's Zhejiang Geely Holding Group Co, will not sell its all-electric Polestar models in the United States if the company faces tariffs on exports from China, the Financial Times reported on Wednesday.

Dialog Semi eyes opportunities in connected health, gaming: CEO

Dialog Semiconductor is targeting growth opportunities ranging from home health to gaming consoles following a $600 million deal to reduce its exposure to Apple, CEO Jalal Bagherli told Reuters in an interview.

Insurance technology firm Wefox secures $125 million in financing

Wefox, one of Europe's fastest-growing insurance technology firms, has secured $125 million in financing to expand across the region and help its customers harness "big data".

Czech cyber watchdog says its Huawei warning took U.S. by surprise

The Czech cyber-security watchdog was not pressured by the United States or anyone else into issuing its warning about the possible security risks posed by Chinese telecoms equipment maker Huawei, Prague's cyber attache to Washington told Reuters.

Dialog Semi sees core business growing post-Apple deal, shares rally

Dialog Semiconductor forecast revenues will drop this year as it completes a $600 million transfer of programmers and patents to iPhone maker Apple, but still won market plaudits as it said its remaining business would grow strongly.

Huawei asks Japanese suppliers to ship more smartphone components: Nikkei

Chinese telecom equipment maker Huawei Technologies has asked Japanese firms including Murata Manufacturing and Toshiba Memory to increase supplies of smartphone components, the Nikkei reported on Wednesday.

Tesla's Shanghai assembly plant to be completed in May: government official

Tesla's upcoming vehicle assembly facility in Shanghai is expected to be completed in May this year, a Shanghai city government official said on Wednesday.

Dialog expects inventory days to rise in first quarter after fourth-quarter drop

Dialog Semiconductor expects inventories of its products to grow in the first quarter in terms of the number of days' demand covered after a decline in the fourth quarter, CFO Wissam Jabre told analysts on a conference call.

Exclusive: Grab eyes more funding after record $4.5 billion round in Southeast Asia

Grab is considering raising more funds from strategic investors, the president of Southeast Asia's top ride-hailing firm said, after raking in over $4.5 billion in the region's largest private financing round that included SoftBank's Vision Fund. The Singapore-based firm continues to see strong inte...

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Facebook rejects Australian regulator's push for scrutiny of news feeds

Facebook Inc has rejected an Australian regulator's recommendation for greater scrutiny over the social network's advertising market power and the ranking of news articles in customers' feeds.

Chinese online retailers slash iPhone prices for second time this year

Chinese online retailers have started discounting iPhones for the second time this year as Apple Inc wrestles with a prolonged sales slowdown in the world's largest smartphone market.

A chaotic market for one sensor stalls self-driving cars

Automakers and technology companies racing to develop self-driving vehicles are running into a problem: cars that can think are no good without affordable and reliable technology that allows cars to see.

Exclusive: Grab eyes more funding, after raising $4.5 billion in SE Asia's largest financing round

Grab is considering raising more funds from strategic investors, the president of Southeast Asia's top ride-hailing firm said, after raking in over $4.5 billion in the region's largest private financing round that included SoftBank's Vision Fund.

Uber not criminally liable in fatal 2018 Arizona self-driving crash: prosecutors

Uber Technologies Inc is not criminally liable in a March 2018 crash in Tempe, Arizona, in which one of the company's self-driving cars struck and killed a pedestrian, prosecutors said on Tuesday.

Uber not criminally liable in 2018 fatal self-driving crash: prosecutors

Arizona prosecutors said on Tuesday that Uber Technologies Inc is not criminally liable in a March 2018 crash in which one of the company's self-driving cars struck and killed a pedestrian in Tempe.

Top Tesla shareholder says Musk 'doesn't need to be CEO': Barron's

Tesla Inc's largest shareholder expressed its support for Chief Executive Officer Elon Musk, but acknowledged that it was open to a different role for the electric carmaker's founder and CEO, Barron's reported on Tuesday.

Exclusive: Romania's opposition seeks Huawei ban in telecom infrastructure

Romania's biggest opposition party will trigger a public inquiry into Huawei's contribution to critical infrastructure and seek to bar it from 5G network development due to mounting security concerns, its IT expert said on Tuesday.

Exclusive: Mexican central bank in talks with Amazon about new mobile payments

Mexico's central bank is in talks with Amazon.com Inc to launch a new government-backed mobile payment system that would allow consumers to pay for online purchases using QR codes, the bank's head of payments said.

Tesla blames misprinted label for China customs hiccup

Tesla Inc said on Tuesday that China's customs authorities have accepted the electric carmaker's plan to resolve problems with the clearance of its Model 3 sedans that centered around misprinting of labels.

Vivendi sells its remaining shares in video games group Ubisoft

Media conglomerate Vivendi has sold its remaining shares in video games company Ubisoft, making a capital gain of 220 million euros ($249 million).

T-Mobile spent $195,000 at Trump Hotel in D.C. since merger announcement

T-Mobile Us Inc's chief executive, John Legere, and other company leaders have spent $195,000 on hotel stays and other expenses at the Trump International Hotel in Washington since the company sought approval for a $26 billion merger with Sprint last April, documents released on Tuesday show.

China agrees to Tesla remedy for Model 3 customs block: source

China's customs authorities have accepted Tesla Inc's plan to remedy problems with the clearance of imported cars, a source familiar with the matter told Reuters on Tuesday.

China agrees on solution to Tesla customs issue: source

China's customs authorities have accepted electric carmaker Tesla Inc's plan to remedy problems with the clearance of imported cars, a source familiar with the matter told Reuters.

Carmaker Rolls-Royce: Short Brexit delay would make things worse

A short delay to Brexit would make things even worse, scuppering some contingency plans organized around a Mar. 29 exit date, the boss of luxury carmaker Rolls-Royce told Reuters.

Tesla hits customs roadblock in China over Model 3 imports: report

China has suspended customs clearance for Tesla Inc's Model 3 electric cars, citing various irregularities, including improper labeling of the vehicles, financial publication Caixin reported on Tuesday.

Fiat Chrysler open to mergers but rules out Maserati sale

Fiat Chrysler (FCA) is open to pursuing alliances and merger opportunities if they make sense but a sale of its luxury brand Maserati is not an option, Chief Executive Mike Manley said in Geneva on Tuesday.