Japan's Rakuten shares fall 6% after reports of wireless network delay

Shares in Japanese internet firm Rakuten fell 6% on Friday after media reports that it is pushing back the commercial launch of its wireless carrier service by six months because of delays in building the network.

Facebook, Microsoft launch contest to detect deepfake videos

Facebook Inc is teaming up with Microsoft Corp, the Partnership on AI coalition and academics from several universities to launch a contest to better detect deepfakes, the company said in a blog post https://ai.facebook.com/blog/deepfake-detection-challenge on Thursday.

Paxos gets U.S. regulator nod for gold-backed token, dollar-backed stablecoin

Paxos Trust Company launched the first regulated, gold-backed digital token and later this month will debut a stablecoin pegged to the U.S. dollar, after getting approval from New York regulators on Thursday.

WeWork mulls slashing IPO valuation as skepticism rises over business model: sources

WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) to a little over $20 billion, less than half the $47 billion valuation it achieved in a private fundraising round in January, people familiar with the matter said on Thursday.

Amazon's Ring camera raises civil liberties concerns: U.S. senator

U.S. Democratic Senator Edward Markey raised concerns on Thursday that law enforcement use of Amazon.com Inc's Ring doorbell camera in investigations could disproportionately affect people of color and encourage racial profiling.

Colombian regulators order delivery app Rappi to comply with commerce laws

Colombian regulators on Thursday ordered popular delivery app Rappi to comply with electronic commerce laws, saying the company is offering services that go beyond basic contact between clients and suppliers.

Slack shares recover from hammering after first results as public company

Shares of Slack Technologies Inc recovered initial losses to trade just 2% lower on Thursday, after the workplace messaging firm's first quarterly report as a public company beat expectations while warning of slowing growth.

Italy approves use of special powers over 5G supply deals

Italy's new government on Thursday approved its use of special powers in supply deals for fifth-generation (5G) telecom services by a number of domestic firms with providers including China's Huawei and ZTE Corporation.

Chinese TV maker TCL launches 329 euro smartphone for video lovers

Chinese TV maker TCL Electronics launched a low-cost smartphone on Thursday in a bet that it can harness its expertise in screens to win over consumers who are increasingly watching video on mobile devices.

Samsung to launch Galaxy Fold in South Korea on Sept. 6 priced $2,000

Samsung Electronics Co Ltd on Thursday said its first foldable smartphone, the Galaxy Fold, will be available in South Korea from Sept. 6 with fifth-generation (5G) mobile connectivity.

Ericsson's CEO tells staff report of his imminent exit is incorrect

Swedish telecom equipment maker Ericsson's CEO Borje Ekholm told employees in an internal note this week that a recent media report of his imminent replacement was incorrect, a company spokesman said.

Prudential buys Assurance IQ for $2.35 billion in new tech bet

Prudential Financial Inc is set to buy online insurance startup Assurance IQ Inc for $2.35 billion, the latest in a series of moves by traditional insurers to up investment in technology and data crunching by buying Silicon Valley startups.

WeWork considers slashing IPO valuation amid pushback: sources

WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) at a little over $20 billion, less than half the $47 billion valuation it achieved in a private fundraising round in January, people familiar with the matter said on Thursday.

House panel to discuss Big Tech's impact on privacy, antitrust

The House of Representatives' antitrust panel will hold a hearing next week to discuss the effect of consumer data collection by big tech platforms, like Alphabet's Google and Amazon , on online competition.

Italy government approves use of special powers over 5G supply deals

Italy's new government approved on Thursday the use of special powers in deals to purchase goods and services related to 5G technologies signed by a number of domestic telecoms group with suppliers including China's Huawei and ZTE Corporation.

Facebook launches dating service in United States

Facebook Inc is launching its dating services in the United States, the social network said on Thursday, sending its shares up 2%.

Slack shares tumble after dismal forecast

Shares of Slack Technologies Inc tumbled 14%, wiping out nearly all their gains since the company's listing in July, after the workplace messaging firm warned of slower revenue growth amid intensifying competition.

Yahoo down for six hours, users vent out on Twitter

Thousands of Yahoo email users took to Twitter on Thursday to complain that the internet company's services have been unavailable for more than six hours.

GM will use Google to power future infotainment systems

General Motors Co will use embedded Google technology to power navigation, voice activated controls and other vehicle infotainment functions starting in 2021, in a win for Alphabet Inc in the race with Amazon.com and other technology companies to control dashboards.

Facebook launches dating service in U.S

Facebook Inc is launching dating services in the United States, the social network said on Thursday.

Japan's Rakuten to delay launch of wireless carrier service by six months: Nikkei

Japan's Rakuten plans to push back the start of wireless carrier services by six months, hampered by delays in building out its network, the Nikkei business daily reported on Thursday.

Russia's Rostec sells stake in firm hit by sanctions over turbines scandal

Russian conglomerate Rostec has sold its stake in a sanctioned technology company that was embroiled in a scandal over the installation in annexed Crimea of turbines made by Germany's Siemens , Rostec told Reuters on Thursday.

WeWork seeks $20 billion-$30 billion in IPO valuation: Bloomberg

WeWork owner The We Company is targeting an initial stock market valuation of less than half of estimates from earlier this year, according to a report on Thursday, another sign of growing skepticism among investors about big but unprofitable technology names.

Sony appeals to film lovers with slimline Xperia 5 smartphone

Sony launched the Xperia 5, a slimline version of its flagship smartphone, at the IFA consumer electronics fair in Berlin on Thursday as it seeks to strengthen its appeal to its niche audience of video, film and music lovers.

Mobile marketing firm AppLovin invests in game studios

AppLovin Corp, the U.S. mobile marketing firm backed by private equity firm KKR & Co Inc, said on Thursday it has invested in several gaming studios, as it adds to its library of games ahead of a potential initial public offering.

Mubadala expected to invest in Vision Fund 2 in fourth quarter: sources

Abu Dhabi state fund Mubadala Investment Company is expected to invest in Japanese group SoftBank's Vision Fund 2 in the fourth quarter of 2019, which will focus on technology projects, two sources familiar with the matter told Reuters.

WeWork seeks $20 billion-$30 billion in IPO valuation: Streetinsider citing Bloomberg

WeWork owner The We Company is seeking a valuation of between $20 billion and $30 billion in its planned initial public offering, Streetinsider.com reported on Thursday, citing Bloomberg, well below the $47 billion it was worth at the start of the year.

Facebook's Libra falls into 'big gap' in EU rules: regulator

Facebook's proposed Libra cryptocurrency falls into a "big gap" in European Union financial regulation at a time when the bloc's ability to tackle money laundering is already stretched, a top EU regulator said on Thursday.

Slack shares tank after dismal forecast

Shares of workplace messaging company Slack Technologies Inc were set for their worst day since the company made its stock market listing in June, after it flagged slower revenue growth amid intensifying competition.

Bosch seals car battery deal with China's CATL in hybrid drive

Germany auto supplier Robert Bosch is teaming up with Chinese battery cell producer Contemporary Amperex Technology Co (CATL) to develop high-performance battery cells.