EU antitrust regulators raise concerns about Facebook's Libra currency: sources

EU antitrust regulators want to know whether Facebook's proposed Libra cryptocurrency and its use of consumer data pose possible anti-competitive constraints, people familiar with the matter said on Wednesday.

DHL stops deliveries for Amazon Fresh in Germany

Deutsche Post DHL will no longer deliver fresh food in Germany for Amazon as demand for the service launched in 2017 has been disappointing, a spokeswoman said on Wednesday.

Citigroup, BNP caught up in U.S. case against Huawei CFO: documents

U.S.-based Citigroup and French bank BNP Paribas are caught up in the U.S. criminal case against the chief financial officer of China's Huawei Technologies, according to newly available documents.

Porsche invests in Israeli road visibility startup TriEye

Israel's TriEye, whose short-wave-infra-red sensing technology enables vision in adverse weather and night-time conditions, has expanded its funding round to $19 million with an investment from German sports car manufacturer Porsche .

India has not set deadline to launch electric vehicles: official

The Indian government has not set a deadline to launch electric vehicles or to ban manufacturing of petrol and diesel cars, a government official said on Wednesday.

Xiaomi growth slows as fewer people buy phones, Huawei competition bites

Chinese smartphone maker Xiaomi Corp posted its slowest revenue growth as a public company, missing analysts' estimates, as it lost market share to Huawei and customers held on to their phones before a 5G refresh.

China's Geely posts 40% slump in first-half profit, sees uncertain demand outlook

China's Geely Automobile Holdings Ltd said on Wednesday first-half net profit skid 40% amid a sustained downturn in the world's biggest auto market, and it forecast an uncertain outlook for vehicle demand for the rest of the year.

Uber-rival Bolt enters European food delivery business

Estonia's Bolt, a popular ride-sharing service in Eastern Europe and Africa, on Wednesday launched food delivery service in its home town of Tallinn, the nation's capital, and said it plans to roll out Bolt Food this year in South Africa, Latvia and Lithuania as well.

U.S. Justice Department teams up with states on probe of Big Tech firms

The U.S. Justice Department is working with a group of more than a dozen state attorneys general as it moves forward with a broad investigation into major technology companies, the department's antitrust chief, Makan Delrahim, said on Tuesday.

Intel unveils first artificial intelligence chip Springhill

Intel Corp on Tuesday unveiled its latest processor that will be its first using artificial intelligence (AI) and is designed for large computing centers.

Who's tracking you? Facebook users to get more control over data

Facebook Inc said on Tuesday it was tweaking its policies to allow users to see and control the data that the social network gathers from their browsing habits on other websites and apps.

Facebook's Libra faces EU antitrust probe: Bloomberg

Facebook Inc's proposed digital currency Libra faces anti-trust probe by European Union regulators, Bloomberg reported on Tuesday, citing a document seen by the organization.

U.S. conservatives say Facebook needs 'significant work' to address concerns: former senator

A review by a former Republican U.S. senator concludes that political conservatives believe Facebook Inc needs to do "significant work" to satisfy their concerns that the social media website is biased, describing policies and examples that they found problematic without laying out evidence of syste...

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U.S. DoJ antitrust chief says working with states on Big Tech probe

The U.S. Justice Department is working with a group of more than a dozen state attorneys general as it investigates the market power of major technology companies, the department's antitrust chief, Makan Delrahim, said on Tuesday.

Goldman Sachs, China's Ping An back artificial intelligence firm H20.ai

Goldman Sachs Group Inc, China's Ping An Global Voyager Fund and others have invested $72.5 million in H20.ai, a rapidly growing artificial intelligence startup, the companies said on Tuesday.

Facebook users to see, control personal data taken from other websites

Facebook Inc said on Tuesday it was tweaking its policies to allow users to see and control the data that other websites and apps share with the social network to improve targeted advertising.

Goldman CEO memo calls Apple Card 'a beginning' on launch day

Goldman Sachs Group Inc officially became a credit-card lender on Tuesday by rolling out its first product with Apple Inc , but the bank has aspirations to grow much bigger in consumer lending, its chief executive said in an internal memo viewed by Reuters.

U.S. DoJ antitrust chief says working with states on tech investigation

The U.S. Department of Justice is working with state attorneys general to investigate the market power of technology companies, the department's antitrust chief, Makan Delrahim, said on Tuesday.

Swiss watchdog expects details on Facebook's Libra by end of month

Switzerland's privacy watchdog expects to receive details on Facebook's Libra cryptocurrency by the end of this month, a spokeswoman for the agency said on Tuesday.

Ex-Republican senator: Facebook has 'significant work' to address conservatives' concerns

A year-long review by a former Republican U.S. senator concludes that Facebook Inc has "significant work to be done to satisfy" concerns on the political right that the social media website is biased against conservatives.