Samsung Electronics ends mobile phone production in China

Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world's biggest smartphone market.

Twitter, TweetDeck back up after suffering global outage; thousands impacted

Twitter Inc was apparently back up on Wednesday after a worldwide outage hit the microblogging platform's website and its dashboard management platform TweetDeck, affecting thousands of users.

Thailand's Kasikornbank to give Shopee e-commerce merchants loans

Thailand's second-largest lender, Kasirkonbank Pcl (Kbank) will start giving digital loans to sellers on Sea Ltd's e-commerce business Shopee, in the bank's latest digital partnership, it said on Wednesday.

ASOS announces board shake-up

Online fashion retailer ASOS Plc appointed four new independent non-executive directors from several major British companies on Wednesday as it looks to bounce back after a string of profit warnings.

Samsung Electronics says it suspended operations at China mobile phone factory

Samsung Electronics Co Ltd said on Wednesday it suspended production at its mobile phone factory in China at the end of September.

Huawei phones lose access to install Google's apps - Bloomberg

Huawei Technologies Co Ltd's newly launched Mate 30 devices have lost their access to manually install Google's Android apps, Bloomberg reported on Tuesday.

Tesla's China production to start, eyes on mass production timing: sources

Tesla Inc's China factory aims to start production this month but it is unclear when it will meet year-end production targets due to uncertainties around orders, labor and suppliers, sources with knowledge of the matter said.

Paddy Power and Poker Stars owners to create online gambling leader

The owners of Paddy Power Betfair and Poker Stars have agreed to merge in a all-share deal to create one of the world's largest online betting and gambling companies, they said on Wednesday.

Twitter, TweetDeck suffer global outage, thousands hit

Twitter Inc said late on Tuesday that the social media website and its dashboard management platform TweetDeck was hit with an outage, with thousands of global users left in the dark.

SK Hynix shifts away from Japanese input material with Korean product

South Korea's SK Hynix Inc has started using a high-tech material from a Korean supplier in its chipmaking process, a company official said on Wednesday, shifting away from a Japanese product for the first time.

Startups hear about drawbacks of IPOs at San Francisco meeting

Venture capitalists and executives from more than 100 startups including Airbnb Inc and Poshmark gathered on Tuesday to bash traditional initial public offerings and promote direct stock exchange listings, according to two people who attended the meeting.

Visa, Mastercard reconsider backing Facebook's Libra: WSJ

Visa , Mastercard Inc and other key financial partners may reconsider their involvement in Facebook Inc's cryptocurrency, Libra, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

WeWork IPO failure a critical signal for markets: Morgan Stanley

WeWork's failure to go public is a critical turning point for markets that signals the end of "the days of endless capital for unprofitable businesses," Morgan Stanley Equity Strategist Michael Wilson says.

Factbox: Six things Facebook CEO Mark Zuckerberg told staff in leaked audio

Leaked audio of Facebook Inc Chief Executive Mark Zuckerberg addressing questions from staff in two internal July meetings was published on Tuesday by The Verge.

Net neutrality rules could return at state level under mixed U.S. court decision

Net neutrality laws could return at the state level after a U.S. court ruled on Tuesday that the Trump administration cannot block states from passing their own net neutrality laws, but largely upheld the 2017 repeal of landmark rules barring internet service providers from blocking or throttling tr...

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Tesla registers Shanghai construction unit in acceleration of China plans

U.S. electric vehicle maker Tesla Inc has registered a construction company in China, a business registration filing shows, the latest sign Tesla is pushing ahead with its plans in the world's biggest auto market.

Trump, Finnish president to discuss 5G options to Huawei

U.S. President Donald Trump and his Finnish counterpart on Wednesday are expected to discuss ways to improve 5G alternatives to offerings from Chinese telecoms equipment firms like Huawei Technologies Co Ltd [HWT.UL], a senior administration official said.

Mariposa Botnet Author, Darkcode Crime Forum Admin Arrested in Germany

A Slovenian man convicted of authoring the destructive and once-prolific Mariposa botnet and running the infamous Darkode cybercrime forum has been arrested in Germany on request from prosecutors in the United States, who’ve recently re-indicted him on related charges. NiceHash CTO M...

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Facebook's Zuckerberg says Warren as U.S. president would be bad for tech

Facebook Inc Chief Executive Officer Mark Zuckerberg told employees in July that the company would "go to the mat" to defeat Democratic candidate Elizabeth Warren's expected effort to break up the world's largest social media company if she were elected president, according to audio of two internal ...

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Trump, Finnish President to discuss 5G alternatives to China's Huawei like Nokia

United States President Donald Trump and Finnish President Sauli Niinisto on Wednesday will discuss ways to improve 5G alternatives to China's Huawei Technologies and ZTE, such as Finland' Nokia, a senior administration official said.

Zuckerberg says Facebook would defeat break-up effort if Warren elected president

Facebook Inc Chief Executive Officer Mark Zuckerberg told employees in July he expected the company would face an effort to break up the world's largest social media company if Democrat Elizabeth Warren were elected president, according to audio of two internal company meetings from July published b...

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Big drone on campus: UPS gets U.S. government okay for drone airline

United Parcel Service Inc on Tuesday said it won the U.S. government's first full approval to operate a drone airline, which gave it a lead in the nascent U.S. drone delivery business over rivals Amazon.com Inc and Alphabet Inc .

Zuckerberg says breaking up tech firms make election interference more likely: Verge

Facebook Inc's Chief Executive Officer Mark Zuckerberg said that breaking up tech companies would make election interference more likely, according to transcripts of an internal company meeting from July published by The Verge.

Despite third quarter decline, Tesla's Model 3 stays on top in Norway

Tesla Inc's electric Model 3 remained Norway's top-selling car in the third quarter, although its sales declined from earlier in the year, registration data showed on Tuesday.

Switzerland's FINMA boss fears crypto's 'dark corners,' not Libra

Switzerland is more worried about cryptocurrency projects developing outside official scrutiny than about the Facebook-conceived Libra project, which is being handled with openness, the head of Swiss financial supervisor FINMA said on Tuesday.

GoPro seeks holiday season action with two new cameras

GoPro Inc on Tuesday launched two new cameras including a ramped up version of its "HERO" line, as it battles competition from increased smartphone usage ahead of the crucial U.S. holiday sales season.

Despite decline, Tesla's Model 3 clings to top spot in Norway

Tesla Inc's electric Model 3 remained Norway's top-selling vehicle in the third quarter even as sales of the car declined from earlier in the year, registration data showed on Tuesday.

Switzerland's FINMA boss says Facebook's Libra handled transparently

Switzerland is more worried about cryptocurrency projects developing outside official scrutiny than he is about Facebook-conceived Libra, which is being handled transparently, the head of Swiss financial supervisor FINMA said on Tuesday.

Facebook, Google, Amazon face another House inquiry: Bloomberg

Facebook Inc, Amazon.com Inc and Alphabet Inc's Google will face a congressional inquiry on how the big technology companies may be damaging the competitive landscape for small businesses, Bloomberg reported on Tuesday.

Venture capitalists to warn startups of the downside of IPOs in San Francisco meeting

Venture capitalists have invited more than 100 start-ups to a meeting on Tuesday where they hope to convince them to go public through direct stock exchange listings rather than IPOs, which often lower returns for early investors.