U.S. probing Huawei for possible Iran sanctions violations: WSJ

(Reuters) - The U.S. Department of Justice is investigating if Chinese tech company Huawei [HWT.UL] violated U.S. sanctions in relation to Iran, the Wall Street Journal reported on Wednesday.

Trump, Apple CEO Cook to talk trade at White House

WASHINGTON (Reuters) - President Donald Trump will meet with Apple Inc Chief Executive Officer Tim Cook to discuss trade issues on Wednesday as the technology industry grapples with a U.S. tariff spat with China, a manufacturing hub for the iPhone maker and other companies.

North Korea's elite quitting Facebook, concealing internet activity: researcher

WASHINGTON (Reuters) - North Korea's ruling class has in recent months abandoned Western social media sites such as Facebook , Instagram and Alphabet's Google and dramatically increased its use of tools that cloak internet activity, according to cyber security research published on Wednesday.

EU to invest 1.5 billion euros in AI to catch up with US, Asia

BRUSSELS (Reuters) - The European Commission will boost its investment in artificial intelligence by about 70 percent to 1.5 billion euros ($1.83 billion) by 2020 to catch up with Asia and the United States, which are each investing at least three times more than Europe.

Austrian court blocks Uber in Vienna: taxi group

ZURICH (Reuters) - A commercial court in Vienna has issued a temporary injunction to stop ride-hailing service Uber from operating in Vienna, a taxi company that had sued Uber said on Wednesday.

Trump, Apple CEO to meet as U.S.-China trade row roils tech sector

WASHINGTON (Reuters) - President Donald Trump will meet with Apple Inc Chief Executive Officer Tim Cook on Wednesday, as the technology industry finds itself in the crosshairs of a U.S. trade spat with China, a manufacturing hub for the iPhone maker and other companies.

Hotel key cards, even invalid ones, help hackers break into rooms

HELSINKI (Reuters) - By getting hold of a widely used hotel key card, an attacker could create a master key to unlock any room in the building without leaving a trace, Finnish security researchers said in a study published on Wednesday, solving a 14-year-old mystery.

China's ZTE will take 'certain actions' against U.S. ban

(Reuters) - China's ZTE Corp said on Wednesday it planned to take "certain actions" under U.S. laws following a ban by the U.S. government on American firms doing business with the company.

Philippines to allow cryptocurrency operators in economic zone

MANILA (Reuters) - The Philippines will allow 10 blockchain and virtual currency companies to operate in an economic zone to take advantage of tax perks while generating employment, a government official said on Wednesday.

Twitter trounces estimates as growth moves overseas

(Reuters) - Twitter Inc reported its second profitable quarter on Wednesday and topped Wall Street estimates for revenue and monthly active users, as advertisers in Asia and other markets outside the United States embraced its video ads.

Twitter beats estimates as growth moves overseas; shares jump

(Reuters) - Twitter Inc reported its second profitable quarter on Wednesday and topped Wall Street estimates for revenue and monthly active users, as advertisers in Asia and other markets outside the United States embraced Twitter's video ads.

Gemini increases cryptocurrency trading oversight with Nasdaq's technology

NEW YORK (Reuters) - Gemini Trust Company announced on Wednesday it is increasing oversight of its cryptocurrency trading using Nasdaq Inc's market surveillance technology to detect manipulation and fraudulent trades.

TSB bank customers say online services still not fixed

(Reuters) - Dozens of customers of Britain's TSB Bank said on Wednesday they still could not access its digital services, after the bank's CEO said earlier its mobile and online banking platforms were up and running following five days of disruption.

India ride-hailing firm Jugnoo eyes Singapore as Uber drives off

SINGAPORE (Reuters) - Indian ride-hailing firm Jugnoo plans to enter the Singapore market next month, its chief executive said on Wednesday, joining other companies eyeing the city state as Uber Technologies [UBER.UL] prepares to leave.

China invites overseas investors to propel local chip ambitions

BEIJING (Reuters) - China is looking for billions of dollars in funds to propel its domestic ambitions in chips to cut a heavy reliance on imports, and has invited overseas investors to help it get there.

GameEffective raises $11 million for its workforce performance platform

JERUSALEM (Reuters) - U.S.-Israeli company GameEffective, which created a digital platform to enhance workforce performance, said on Wednesday it raised $11 million in a fundraising round led by Jerusalem Venture Partners.

China's Xiaomi promises to cap hardware income margin ahead of IPO

BEIJING (Reuters) - Chinese smartphone and smart device maker Xiaomi will cap income from its hardware business at 5 percent of total profits starting in 2018, as it looks to position itself as an internet services provider ahead of a highly-anticipated IPO.

STMicro sends upbeat signal on smartphone demand in second half

PARIS (Reuters) - STMicroelectronics on Wednesday delivered an upbeat assessment on second-half demand for its smartphones-focused products in second-half, brushing off investor anxiety over the soft takeoff of Apple's iPhone X.

Google overhauls Gmail to lure businesses away from Microsoft

SAN FRANCISCO (Reuters) - Alphabet Inc's Google unveiled on Wednesday its first Gmail redesign since 2013, capping what the company says was an expensive overhaul two years in the making to adopt security and offline functionality and better resemble Microsoft Outlook.

Novartis' digital drive continues with eye-disease app

ZURICH (Reuters) - Novartis's foray into digital technology intensified on Wednesday as the Swiss drugmaker launched a mobile-phone based app to help collect data from people participating in eye disease studies.

Amazon.com plays catch-up in Brazil as local rivals thrive

SAO PAULO (Reuters) - Claudia Maria de Oliveira is leery of online shopping. But while browsing social media recently, the 49-year-old Brazilian spotted a bargain-priced sandwich press from local retailer Magazine Luiza SA.

Reuters Top 100: Europe's Most Innovative Universities – 2018

For the third year running KU Leuven tops Reuters ranking of Europe’s most innovative universities, a list that identifies and ranks the educational institutions doing the most to advance science, invent new technologies and power new markets and industries. A Dutch-speaking school based in Be...

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Police in Chinese city seize 600 computers used to mine bitcoin

BEIJING (Reuters) - Police in the north China city of Tianjin confiscated 600 computers used to mine bitcoin cryptocurrency after the local power grid operator reported abnormal electricity usage, Xinhua reported Wednesday.

South Korea's LG Display looks up after posting first loss in six years

SEOUL (Reuters) - South Korea's LG Display Co Ltd forecast higher panel shipments and more stable prices in the second quarter as it reported its first operating loss in six years on Wednesday, hit by a flood of supply from Chinese rivals.

South Korea's LG Display looks up after posting first loss in 6 years

SEOUL (Reuters) - South Korea's LG Display Co Ltd forecast higher panel shipments and more stable prices in the second quarter as it reported its first operating loss in six years on Wednesday, hit by a flood of supply from Chinese rivals.

LG Display books first operating loss in 6 years as panel prices drop

SEOUL (Reuters) - South Korea's LG Display Co Ltd reported its first operating loss in six years, hit by a sharp drop in panel prices as Chinese rivals flooded the market and sluggish sales of liquid crystal displays for TVs.

G7 tells tech firms to boost efforts to combat extremism: Canada

TORONTO (Reuters) - The Group of Seven leading industrialized nations on Tuesday told leading tech and social media companies to ramp up efforts to combat the spread of extremism, a top Canadian official said.

Google-owner Alphabet's shares fall on rise in costs

(Reuters) - Shares of Google parent Alphabet Inc lost more than 5 percent on Tuesday as a surge in costs drove what analysts said was its biggest ever contraction in gross margins, overshadowing strong first-quarter ad sales.

Atos partners with Google Cloud as new EU data law looms

(Reuters) - French IT services company Atos said on Tuesday it was teaming up with Google Cloud to help offer secure artificial intelligence solutions to its global customers.

Apple shares drop on more warnings from iPhone supply chain

SAN FRANCISCO (Reuters) - Shares of Apple Inc dropped nearly 2 percent on Tuesday as investors worries intensified about soft demand for iPhones after a warning from a company that supplies components for smartphones.