FRANKFURT/LONDON (Reuters) - Germany's SAP announced upbeat results in the seasonally tough first quarter, saying it was gaining ground on its main competitors Salesforce and Oracle in the cloud and that its margin recovery was firmly on track.
SEOUL (Reuters) - SK Hynix Inc became Asia's second major semiconductor maker this earnings season to warn of slower growth in smartphone chip sales, but said this would be offset somewhat by robust demand for server and other high-end chips.
BEIJING/DETROIT (Reuters) - Chinese ride-hailing giant Didi Chuxing is exploring ways of collaborating with established automakers and parts suppliers to jointly develop cars purpose-built for its services, the company said on Tuesday.
SAN FRANCISCO (Reuters) - Strong growth in ad sales on Google search and YouTube were not enough to offset a surge in costs at parent Alphabet Inc that shrank the first-quarter operating margin, leaving shares flat after hours on Monday.
BEIJING (Reuters) - An autonomous driving electric vehicle may not take to the sky any time soon but could one day start to look a bit like The Jetsons’ flying car - a glass bubble without the long hood that is a signature feature of today's gasoline-fueled cars.
LONDON (Reuters) - Lilium, a German start-up with Silicon Valley-scale ambitions to put electric "flying taxis" in the air next decade, has hired Frank Stephenson, the designer behind iconic car brands including the modern Mini, Fiat 500 and McLaren P1.
SAN FRANCISCO (Reuters) - Google owner Alphabet Inc reported first-quarter sales and profit Monday that topped financial analysts' estimates due to strong ad sales and a change in accounting for investments in startups, sending its shares up about 1 percent after hours.
SAN FRANCISCO (Reuters) - Facebook Inc said on Monday that it removed or put a warning label on 1.9 million pieces of extremist content related to ISIS or al-Qaeda in the first three months of the year, or about double the amount from the previous quarter.
(Reuters) - Alphabet Inc's profit jumped about 73 percent in the first three months of the year, as Google's parent company benefited from soaring sales of internet advertisements.
MUMBAI (Reuters) - Infosys Ltd, India's second-biggest IT firm, plans to renew its focus on digital services as it looks to boost growth amid shrinking profit margins in its legacy business and rising competition from local and international rivals.
ZURICH (Reuters) - Chipmaker AMS reported first-quarter sales toward the lower end of its guidance range on Monday and warned of a downturn owing to weaker orders from one of its main customers.
BRUSSELS (Reuters) - EU antitrust regulators opened an investigation on Monday into Apple's bid for British music discovery app Shazam, concerned the deal might give the iPhone maker an unfair advantage in poaching users from its rivals.
BRUSSELS (Reuters) - EU antitrust regulators opened on Monday an investigation into iPhone maker Apple's bid for British music discovery app Shazam, concerned that the deal may hurt competition.
DUBAI (Reuters) - Careem, Uber's main ride-hailing app rival in the Middle East, was hit by a cyber attack that compromised the data of 14 million users, it said on Monday.
HANOVER, Germany (Reuters) - Deutsche Telekom unit T-Systems should return to profitability in 2020 as the company undergoes a digital makeover, new Chief Executive Adel Al-Saleh said on Monday at the Hannover Trade Fair.
(Reuters) - Netflix Inc said on Monday it planned to raise $1.5 billion in debt, the second time the company is tapping the debt market in less than a year to fuel a rapid expansion in original content.
SAN FRANCISCO (Reuters) - Chinese ride-hailing firm Didi Chuxing on Monday launched its service in Toluca, Mexico, the company said, setting up a likely costly battle with rival Uber Technologies Inc [UBER.UL] in a key market.
JAKARTA (Reuters) - Hundreds of Indonesian motorcycle taxi drivers working for start-ups Grab and Go-Jek called on Monday for an end to low online fares and demanded tighter regulation of ride-hailing companies.
LONDON/BERLIN (Reuters) - Chinese battery maker Tianjin Lishen plans to open a sales office in Germany, its first in Europe, and is in talks to supply local auto makers with batteries used to power electric vehicles, a source at the company told Reuters.
TOKYO (Reuters) - Volvo Trucks plans to share battery technology across its brands to tame development and production costs for the crucial but expensive component, as the world's second-largest truck maker ramps up electric offerings, the company told Reuters on Monday.
BONN, Germany (Reuters) - That the personal data of tens of millions of Facebook users fell into the wrong hands is troubling politicians, but Germany's top competition regulator is questioning the sheer volume of information that the social network harvests.
SHANGHAI (Reuters) - Chinese funds have slashed valuations of ZTE Corp after the United States banned American companies from selling components to the telecoms equipment maker for seven years, a move ZTE said threatened its very survival.
TOKYO (Reuters) - Toshiba Corp said on Monday it is still aiming to complete the sale of its memory chip business soon, following media reports it had decided to cancel the $18.6 billion sale if it did not get approval from Chinese regulators by May.
SYDNEY (Reuters) - The head of Australia's competition regulator said on Monday it will scrutinize contracts between Uber Technologies Inc [UBER.UL] and restaurants that use its food delivery app Uber Eats.
LONDON (Reuters) - Britain's financial firms need to pull together to fight cyber crime, working with government and law enforcement to attack criminals' infrastructure and put them out of business, a report by KPMG and industry body UK Finance said on Monday.
SYDNEY (Reuters) - The head of Australia's competition regulator said on Monday it will scrutinize contracts between Uber Technologies Inc [UBER.UL] and restaurants that use its food delivery app Uber Eats.
DUBAI (Reuters) - Iran's central bank has banned the country's banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, the state news agency IRNA reported on Sunday as the country tries to halt a currency crisis.
BENGALURU (Reuters) - Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five years, as it moves to broaden offerings in the segment and foray into areas such as fresh produce.
KUALA LUMPUR (Reuters) - Malaysian regulators will look into the activity of automated accounts on Twitter, known as bots, in the run-up to a general election if they get complaints about them, the communications and multimedia minister said.
TOKYO (Reuters) - Japan's Toshiba Corp has decided it will cancel the planned $18.6 billion sale of its memory chip unit if it does not get approval from China's anti-monopoly regulator by May, the Mainichi newspaper said on Sunday.