American Tower Corp to acquire Telkom Kenya sites

NAIROBI (Reuters) - America Tower Corporation will acquire Telkom Kenya's transmission towers in a deal expected to be concluded in the second half of this year, allowing Telkom to invest in its internet network, the two companies said on Monday.

Italy's golden power committee won't meet with Telecom Italia Monday: source

ROME (Reuters) - The Italian government committee responsible for the use of golden powers at companies will not meet with any representatives from Telecom Italia on Monday, as reported by daily Corriere della Sera, a government source said.

Ping An Good Doctor's shares slide below IPO price on valuation worries

HONG KONG (Reuters) - Ping An Healthcare and Technology Co Ltd's shares tumbled as much as 11 percent on their second day of trading on Monday as investors worried about the high valuations for the loss-making firm that saw Hong Kong's largest new listing in 2018.

ZTE asks U.S. Commerce Department to suspend business ban

BEIJING (Reuters) - China's ZTE Corp has submitted an application to the U.S. Commerce Department's Bureau of Industry and Security (BIS) for the suspension of a business ban, it said in a filing to the Shenzhen stock exchange on Sunday.

Nokia acquires U.S. software supplier SpaceTime Insight

(Reuters) - Nokia said on Monday it has acquired software maker SpaceTime Insight, which industrial customers use to manage millions of devices and assets across their networks, marking the equipment supplier's latest push to expand beyond telecoms.

Chip designer Mediatek gets Taiwan nod to export goods to ZTE

TAIPEI (Reuters) - Taiwanese chip designer Mediatek Inc has received an export permit from the government to sell components to ZTE Corp, a Chinese telecoms equipment maker subjected to restrictions in the United States.

ZTE says asked U.S. Commerce Department to suspend business ban

BEIJING (Reuters) - China's ZTE Corp has submitted an application to the U.S. Commerce Department's Bureau of Industry and Security (BIS) for the suspension of a business ban, it said in a filing to the Shenzhen stock exchange on Sunday.

ZTE applies to U.S. Commerce department for suspension of business ban

(Reuters) - China's ZTE Corp has submitted an application to the U.S. Commerce Department's Bureau of Industry and Security for the suspension of a business ban, it said in a filing to Shenzhen stock exchange on Sunday.

Apple and Buffett saw value, and acted

SAN FRANCISCO (Reuters) - Apple Inc was not the only one to leap on a chance to buy its stock at a fat discount last quarter as Warren Buffett stepped in to scoop up an additional 75 million shares for Berkshire Hathaway at the same time.

UK watchdog orders Cambridge Analytica to hand over American's personal data

(Reuters) - Britain's data privacy watchdog has ordered Cambridge Analytica to hand over all the personal information it holds on a U.S. academic, confirming the right of people abroad to seek data held by a UK firm.

Three-quarters Facebook users as active or more since privacy scandal: Reuters/Ipsos poll

NEW YORK/SAN FRANCISCO (Reuters) - Most of Facebook's U.S. users have remained loyal to the social network despite revelations that a political consultancy collected information about millions of accounts without owners' permission, a Reuters/Ipsos poll released on Sunday showed.

Buffett craves more Apple shares, endorses its buybacks

OMAHA, Neb. (Reuters) - Billionaire Warren Buffett has been buying a boatload of Apple Inc shares and on Saturday suggested he would buy even more shares at the right price.

Buffett owns 5 percent of Apple. He'd like to own more

OMAHA, Neb. (Reuters) - Warren Buffett said he would be happy if his conglomerate Berkshire Hathaway Inc owned more than 5 percent of Apple Inc's stock, including if the iPhone maker bought back more of its shares.

Amazon unsuccessfully approached UK supermarket Waitrose in 2017: Sunday Times

LONDON (Reuters) - Amazon made an unsuccessful informal attempt to buy upmarket British supermarket chain Waitrose late last year, the Sunday Times newspaper reported.

Qualcomm to depose Apple services chief Eddy Cue

(Reuters) - Qualcomm Inc can depose Apple Inc's services chief Eddy Cue in addition to Chief Executive Tim Cook, a magistrate judge in the U.S. District Court for the Southern District of California ruled on Friday, part of the chipmaker's effort to determine whether Apple worked with Samsung to foc...

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Tesla's Musk calls Wall Street snub 'foolish' but defends his behavior

(Reuters) - Tesla Inc Chief Executive Officer Elon Musk acknowledged on Friday that it was "foolish" of him to snub analysts on a conference call earlier in the week, but further needled Wall Street with a series of accusatory tweets.

Apple hits record high after Buffett's Berkshire increases stake

(Reuters) - Apple Inc's stock hit an all-time high on Friday after Warren Buffett's Berkshire Hathaway Inc disclosed it had bought 75 million more shares of the iPhone maker in the first three months of the year.

Free to play, expensive to love: 'Fortnite' changes video game business

(Reuters) - To see the storm that online video game "Fortnite" has unleashed on the world, just visit Jett Sacher in Brooklyn. The 13-year-old spends an hour or two every day on the game with his friends and is not afraid to spend his pocket money on it - bit by bit.

China details CDR rules to woo overseas-listed companies

BEIJING/SHANGHAI (Reuters) - China's securities regulator on Friday published draft rules on the issuance of China Depositary Receipts, or CDRs, paving the way for domestic flotation of offshore-listed tech giants and the launch of a cross-broader link of exchanges in Shanghai and London.

Flipkart yet to finalize stake sale deal with Walmart: sources

MUMBAI/BENGALURU (Reuters) - Indian e-commerce firm Flipkart's board is yet to finalize a deal to sell a stake to Walmart Inc, two sources with direct knowledge of the matter said on Friday, adding that a deal could just be days away.

India's Flipkart yet to finalize stake sale deal with Walmart: sources

MUMBAI (Reuters) - Indian e-commerce firm Flipkart's board is yet to finalize a deal to sell a stake to Walmart Inc, two sources with direct knowledge of the matter said on Friday, with one of them saying a deal could just be days away.

EU considers using algorithms to detect anti-competitive acts

BRUSSELS (Reuters) - EU regulators may set up their own algorithms to find companies that use software to fix prices with peers or squeeze out their rivals, Europe's antitrust chief said on Friday.

China asks U.S. to amend ZTE business ban - sources

BEIJING (Reuters) - China has asked the United States to amend a seven-year ban on American companies selling components and software to Chinese telecom equipment firm ZTE Corp, two sources with knowledge of the matter said on Friday.

JPMorgan names head of artificial intelligence research

(Reuters) - JPMorgan Chase & Co named Manuela Veloso head of artificial intelligence research to help drive the bank's efforts in applying machine learning technology across its businesses.

China raises ZTE sanctions with visiting U.S. trade delegation

BEIJING (Reuters) - China raised with a visiting U.S. trade delegation the issue of a ban by the United States on its companies selling components and software to ZTE Corp for seven years, the Ministry of Commerce said on Friday.

China publishes rules on issuance of China Depositary Receipts: CSRC

BEIJING (Reuters) - China's securities regulator said on Friday it has published rules on the issuance of China Depositary Receipts, or CDRs, which could open the door to some of the country's top tech firms issuing a form of the shares.

India's Flipkart approves $15 billion stake sale to Walmart-led group: Bloomberg

MUMBAI (Reuters) - Indian e-commerce firm Flipkart's board has approved a deal to sell an equity stake of about 75 percent in the company to a group led by Walmart Inc for about $15 billion, Bloomberg reported on Friday, citing unnamed sources.

Tinker, tailor, robot maker: In China, trade war threat casts long shadow

SHENZHEN/SHANGHAI, China (Reuters) - At its high-tech laboratories in the Chinese manufacturing hub of Shenzhen, Beike Biotechnology is developing medical robots that could help treat cancer. It has big plans to export these to markets like the United States.

India's cryptocurrency investors bet trading will survive bank ban

NEW DELHI/MUMBAI (Reuters) - A month after India's central bank barred regulated lenders from facilitating cryptocurrency transactions, trading volumes have surged dramatically alongside a sharp rally in prices.

Buffett's Berkshire Hathaway bought 75 million more Apple shares in first quarter: CNBC

(Reuters) - Berkshire Hathaway Inc bought 75 million additional Apple Inc shares in the first three months of the year, CEO Warren Buffett told CNBC on Thursday, aggressively ramping up its bets on the iPhone maker.