After Facebook, Sweden set for more data center deals: Vattenfall

OSLO (Reuters) - Sweden's low electricity prices are likely to attract new data centers to the country this year, according to Swedish utility Vattenfall [VATN.UL], which said it is discussing deals with Silicon Valley companies and Chinese firms.

Vodafone challenges Deutsche Telekom with $21.8 billion Liberty deal

LONDON (Reuters) - Vodafone has agreed to pay $21.8 billion to buy Liberty Global's assets in Germany and eastern Europe to take the fight to rivals with a broader range of superfast cable TV, broadband and mobile services.

China's ZTE Corp says main business operations have ceased due to U.S. ban

HONG KONG (Reuters) - ZTE Corp's main business operations have ceased due to a ban imposed by the U.S. government, but the Chinese firm is trying to have the ban modified or reversed, it said in exchange filings late on Wednesday.

Walmart to buy controlling stake in India's Flipkart for $16 billion

MUMBAI/NEW YORK (Reuters) - Walmart Inc has agreed to pay $16 billion for a roughly 77 percent stake in Indian online shopping site Flipkart, the U.S. retailer's biggest foreign investment as it battles rival Amazon.com Inc in one of the world's biggest emerging markets.

Cyber security firm Avast poised to list at 250 pence at bottom of price range

LONDON (Reuters) - Private equity-backed cyber security firm Avast [IPO-AVAS.L] is set to price its initial public offering at 250 pence a share, a bookrunner source on the deal said on Wednesday, at the bottom of a 250-270 pence price range set earlier.

Walmart acquiring India's Flipkart, says SoftBank's Son

TOKYO (Reuters) - U.S. retail giant Walmart Inc is acquiring Indian e-commerce player Flipkart, the chief executive of one of Flipkart's biggest shareholders, SoftBank Group , said on Wednesday.

Some 2 million diesel owners could join class action against VW in Germany

BERLIN (Reuters) - Around two million diesel car owners in Germany could join legal moves in a class action to seek compensation from Volkswagen , German Justice Minister Katarina Barley said on Wednesday.

ElringKlinger to supply battery systems for Sono Motors' solar car

FRANKFURT (Reuters) - ElringKlinger has won a contract worth several hundred million euros to supply battery systems for an all-electric solar vehicle made by start-up Sono Motors, the German automotive supplier said on Wednesday.

SoftBank's Son confirms Walmart to acquire India's Flipkart

TOKYO (Reuters) - U.S. retail giant Walmart Inc is acquiring Indian e-commerce player Flipkart, SoftBank Group chief executive Masayoshi Son said on Wednesday.

Vodafone to pay $21.8 billion for Liberty assets to boost European presence

LONDON (Reuters) - Vodafone has agreed to pay $21.8 billion to buy Liberty Global's assets in Germany and eastern Europe to take on rivals with a broader range of superfast cable TV, broadband and mobile services.

Fuse takes Fidelity funding to expand its bite-sized learning system

LONDON (Reuters) - Fuse Universal, a learning management platform which companies use to train employees on phones and computers, has raised $20 million in expansion funding from Eight Roads Ventures, Fidelity International's venture arm, the company said on Wednesday.

Audi to present software upgrade for A6/A7 models shortly

INGOLSTADT, Germany (Reuters) - Volkswagen's premium carmaker Audi will shortly present to Germany's motor authority KBA a software upgrade for the additional 60,000 cars in which emissions-related problems have been discovered, Audi's chief executive said.

Cyber security firm Avast cuts IPO price guidance to 250-270 pence per share

LONDON (Reuters) - Private equity-backed cyber security firm Avast [IPO-AVAS.L] reduced the expected price range for its landmark initial public offering to 250-270 pence a share on Wednesday, from an earlier range of 250-320 pence.

China's Tencent signs broad cultural deal with Britain

LONDON (Reuters) - Chinese internet giant Tencent will announce a cultural trade deal with Britain, including film, video games and fashion, deepening cooperation between the two countries and setting the stage for its own international expansion moves.

Vodafone to pay $21.8 billion for Liberty assets to strengthen European presence

LONDON (Reuters) - Vodafone has agreed to pay $21.8 billion to buy Liberty Global's assets in Germany, the Czech Republic, Hungary and Romania to take on rivals with a broader offer of superfast cable TV, broadband and mobile.

Vodafone seals $23 billion deal to buy Liberty Global assets: WSJ

LONDON (Reuters) - Vodafone Group has agreed to a nearly $23 billion deal to buy operations in four European countries from John Malone's Liberty Global, the Wall Street Journal said on Wednesday, citing Liberty CEO Mike Fries.

China's Leshi questioned by bourse over trade suspension risk

HONG KONG (Reuters) - Leshi Internet Information & Technology Corp Beijing has been formally asked whether its assets, which have fallen 98 percent over the past year, are at risk of turning negative and triggering a share trading halt and possible eventual delisting.

South Korean prosecutors raid LG's head office in tax probe

SEOUL (Reuters) - South Korean prosecutors have raided LG Group's head office as part of a probe into alleged tax evasion by family members controlling the conglomerate, the prosecutors' office said on Wednesday.

Tencent's WeDoctor raises $500 million, values firm at $5.5 billion pre-IPO

SHANGHAI (Reuters) - Chinese online healthcare solutions platform WeDoctor, which is backed by tech giant Tencent Holdings Ltd , said on Wednesday it had raised $500 million from several investors, valuing the firm at $5.5 billion ahead of a listing this year.

Chinese fashion e-commerce firm Meili seeks $500 million in U.S. IPO - sources

HONG KONG (Reuters) - Chinese fashion-focused e-commerce platform Meili Inc is seeking $500 million in an initial public offering targeted for the second half of this year, people with direct knowledge told Reuters.

China's Leshi questioned by bourse over trading suspension risk

HONG KONG (Reuters) - Leshi Internet Information & Technology Corp Beijing, the debt-laden Chinese tech firm founded by Jia Yueting, has been formally asked whether trading in its shares was at risk of suspension, showed a regulatory filing on Wednesday.

Tencent's WeDoctor closes fund-raising round, valued at $5.5 billion

SHANGHAI (Reuters) - Chinese online healthcare solutions platform WeDoctor, which is backed by tech giant Tencent Holdings Ltd , said on Wednesday it had raised $500 million at a valuation of $5.5 billion ahead of a listing this year.

Facebook shakes up management, launches blockchain division

SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg on Tuesday ordered one of the biggest management shakeups in the history of the social network, giving more responsibility to his chief product officer and launching a blockchain division.

Game publisher EA's fourth-quarter revenue beats estimates

(Reuters) - Electronic Arts Inc reported a fourth-quarter revenue on Tuesday that beat Wall Street estimates, driven by sales of its popular sports titles "FIFA" as well as franchises like "Battlefield" and "The Sims".

White House to hold artificial intelligence meeting with companies

WASHINGTON (Reuters) - The White House will convene a meeting on Thursday on the future of artificial intelligence in U.S. industry with major companies including Facebook Inc, Amazon.com Inc, Google parent Alphabet Inc and Oracle Corp as well as senior government officials.

Google eases tech stress with app controls, table-booking assistant

MOUNTAIN VIEW, Calif.(Reuters) - Google on Tuesday showed how its virtual assistant can now call restaurants and salons to book appointments, navigating complex conversations, as the Alphabet Inc unit acknowledged that a technological onslaught was leaving users frazzled and needing a cure.

Game publisher EA's first-quarter forecast misses estimates

(Reuters) - Electronic Arts Inc forecast current-quarter revenue below Wall Street estimates on Tuesday, as the video-game publisher faces rising competition from free-to-play digital games "Fortnite" and "PlayerUnknown's Battlegrounds".

Google's updated virtual assistant can book appointments

MOUNTAIN VIEW, Calif.(Reuters) - Alphabet Inc's Google on Tuesday showed off an updated virtual assistant that can call restaurants, hair salons and other businesses to check hours and make reservations, holding conversations on a user's behalf.

U.S. to reveal winners of drone program that has attracted top companies

(Reuters) - Major technology and aerospace companies including Amazon.com Inc , Apple Inc , Intel Corp , Qualcomm Inc and Airbus SE are vying to take part in a new slate of drone tests the United States is set to announce on Wednesday, people familiar with the matter told Reuters.

Updated Google virtual assistant makes complex calls for users

MOUNTAIN VIEW, Calif.(Reuters) - Alphabet Inc's Google on Tuesday showed off an updated virtual assistant that can call restaurants, hair salons and other businesses to check hours and make reservations, holding conversations on a user's behalf.