Volvo's Polestar joins electric car race with rival to Tesla 3

Volvo Cars' luxury performance brand Polestar unveiled online its first fully electric sedan on Wednesday, with a price and driving range to rival Tesla's mass market Model 3.

Swisscom cannot be forced to block illegal film websites: court

Swiss telecom company Swisscom cannot be forced to block access to foreign internet sites that illegally make films available, the highest Swiss court said on Wednesday, ending a three-year-old copyright case brought by a local film company.

ITV, BBC to team up for 'BritBox' on-demand TV streaming service

British broadcaster ITV is teaming up with publicly funded rival the BBC to launch a new streaming service for UK viewers, a Netflix-style offering of British box-sets and original series.

Spotify launches music streaming service in India

Spotify launched its music streaming service in India on Wednesday, stepping into a market crowded by local players including JioSaavn, Gaana, Amazon Music and Airtel's Wynk.

Indonesia cannot 'be paranoid' about curbing Huawei as telcos sign deals: minister

Indonesia "can't be paranoid" about curbing the use of Huawei's wireless technology over security concerns, as too many of its telecommunication companies are dependent on foreign equipment, communications minister Rudiantara told Reuters.

M&S taps investors and cuts dividend to fund Ocado deal

British retailer Marks & Spencer will raise cash from investors and cut its dividend to finance a joint venture with online supermarket pioneer Ocado that will give M&S a full online food delivery service for the first time.

Amazon, Comcast, Electronic Arts submit bids for Nexon holding firm: Maeil report

Amazon.com Inc, Comcast Corp and Electronic Arts Inc submitted initial bids for the holding firm of South Korea's biggest gaming firm Nexon, Maeil Business Newspaper said on Wednesday, citing investment banking sources.

Huawei, Samsung agree to settle patent dispute in U.S. court

China's Huawei Technologies and South Korea's Samsung Electronics have agreed to settle a two-year old patent dispute in the United States, court documents show.

Go-Jek begins services in Thailand, says Philippine launch to be 'pretty fast': CEO

Indonesia's Go-Jek has begun services in Thailand and is working toward entering the Philippines, founder and chief executive Nadiem Makarim said on Wednesday, as the ride-hailing firm continues to up its game against regional market leader Grab.

UK's M&S pays 750 million pounds to seal Ocado online food tie-up

British retailer Marks & Spencer (M&S) has agreed a joint venture with online supermarket pioneer Ocado that would give M&S a full online food delivery service for the first time, the companies said on Wednesday.

ITV, BBC to team up for 'BritBox' streaming service

British broadcaster ITV is teaming up with publicly-funded rival the BBC to create "BritBox", a UK rival to subscription streaming service Netflix.

Africa's top pay-TV group MultiChoice's market cap tops $3 billion on JSE debut

Africa's biggest pay-TV group MultiChoice debuted on the Johannesburg Stock Exchange on Wednesday with shares opening at 95.50 rand, giving the company a market capitalization of 42 billion rand ($3.03 billion).

ITV to team up with BBC in 'BritBox' subscription streaming offer

UK broadcaster ITV said on Wednesday it was teaming up with the BBC to create a British rival to Netflix called "BritBox".

UK's M&S pays £750 million to seal Ocado online food tie-up

British retailer Marks & Spencer (M&S) has agreed a joint venture with online supermarket pioneer Ocado that would give M&S a full online food delivery service for the first time, the companies said on Wednesday.

Airbus, OneWeb aim to kick off new satellite era with first launch

A rocket carrying six satellites built by Airbus SE and partner OneWeb was due to blast off from French Guiana on Wednesday, the first step in a plan to give millions of people in remote and rural areas access to high-speed internet beamed down from space.

Sunrise in advanced talks for Liberty Global's $6.3 billion Swiss unit

Sunrise Communications has entered "advanced discussions" to buy Liberty Global's Swiss business in a deal which values the internet and digital television provider at 6.3 billion Swiss francs ($6.30 billion).

Chinese AI chip maker Horizon Robotics raises $600 million from SK Hynix, others

Chinese chip maker Horizon Robotics said on Wednesday it had raised $600 million in its latest funding round, bringing its valuation to $3 billion, amid a push from Chinese companies and the government to boost the semiconductor industry.

Going TikTok: Indians get hooked on Chinese video app ahead of election

A video clip shot on a sparse rooftop of what looks like a low-rise apartment block shows a young Indian man swaying while lip-syncing a song praising Prime Minister Narendra Modi.

Chinese EV maker BYD says 2018 preliminary profit down 31 percent, blames competition

Chinese electric vehicle maker BYD Co Ltd reported preliminary net profit for 2018 that was 31.4 percent lower than a year earlier, pinning the blame on intensifying competition in the world's biggest auto market.

Ex-Cylance, Carbon Black executives' startup raises $20 million in second funding round

Cybersecurity company Obsidian Security raised $20 million in a funding round participated by Greylock Partners, the company told Reuters on Tuesday, a day ahead of a planned announcement.

U.S. consumer regulator forms task force to monitor big tech

The Federal Trade Commission, under pressure to keep closer tabs on big tech companies such as Alphabet's Google and Facebook, said on Tuesday it would create a task force to monitor the sector and investigate anticompetitive conduct.

Tesla's Musk must address SEC contempt bid as he calls agency 'broken'

A federal judge on Tuesday ordered Tesla Inc Chief Executive Elon Musk to explain by March 11 why he should not be held in contempt for violating his fraud settlement with the U.S. Securities and Exchange Commission.

Palo Alto Networks revenue, profit beat Street estimates

Cybersecurity company Palo Alto Networks Inc topped Wall Street estimates for revenue and profit on Tuesday, aided by better-than-expected growth in its product business, sending its shares up 6 percent.

EBay offers concessions to avert fight with Elliott: sources

EBay Inc has informed Elliott Management Corp it is willing to explore shedding some of its key assets and giving the hedge fund board representation in a bid to avert a proxy contest, people familiar with the matter said on Tuesday.

U.S. consumer regulator forms task force to keep an eye on big tech

The Federal Trade Commission, under pressure to keep closer tabs on big tech companies like Alphabet's Google and Facebook, said on Tuesday it would create a task force to monitor the sector and investigate anticompetitive conduct.

Facebook will introduce 'clear history' tool this year: CFO

Facebook Inc will introduce a tool allowing users to clear their browsing history this year, which will affect the company's ability to target advertisements, Chief Financial Officer David Wehner told an investment conference on Tuesday.

Europe calls for facts not fears in Huawei security row

Facts not fears should decide the future of telecoms network security in Europe, industry leaders and policy chiefs said this week, brushing off U.S. calls for a ban on Chinese vendors.

European officials reject SpaceX complaints over launch subsidies

European space officials on Tuesday rejected complaints by U.S. rocket builder SpaceX that subsidies are hampering its access to the European market, arguing the much larger U.S. market is virtually closed to Europe's Ariane satellite launch vehicle.

Facebook expands ad buying options for premium video

Facebook Inc on Tuesday launched new advertising options for its premium video content to attract marketers hoping to buy ad spots in a similar manner to traditional television networks.

Tesla's Musk must address SEC contempt bid as he calls agency 'broken'

A federal judge on Tuesday ordered Tesla Inc Chief Executive Elon Musk to explain by March 11 why he should not be held in contempt for violating his fraud settlement with the U.S. Securities and Exchange Commission.