LONDON (Reuters) - Vodafone will partner with fibre network developer CityFibre to bring ultrafast broadband to 5 million UK homes and businesses by 2025, in a direct challenge to dominant rival BT . A branded sign is displayed on a Vodafone store in London, Britain May 16, 2017. REUTERS/Neil Hall V...

TOKYO (Reuters) - Japan’s Toshiba Corp (6502.T) reported a 76 percent jump in second-quarter operating profit on Thursday, driven almost entirely by a strong performance from its memory chip unit which it recently agreed to sell for $18 billion. FILE PHOTO: The logo of Toshiba Corp is seen as ...

LONDON (Reuters) - British telecoms giant Vodafone said on Thursday it would partner with CityFibre, a wholesale fiber network infrastructure provider, to bring ultrafast broadband to up to 5 million homes and businesses in Britain by 2025. FILE PHOTO: Branding for Vodafone is seen on the exterior o...

HONG KONG (Reuters) - Chinese electric vehicle startup Nio has raised more than $1 billion in its latest fundraising round, led by existing investor Tencent Holdings Ltd, valuing the firm at about $5 billion, two people with knowledge of the matter said. FILE PHOTO: People gather at the booth of Chi...

TOKYO (Reuters) - Toshiba Corp reported a 76 percent jump in second-quarter operating profit on Thursday, driven by a strong performance from its memory chip unit which it recently agreed to sell for $18 billion. FILE PHOTO: The logo of Toshiba Corp is seen as window cleaners work on the company's h...

MANILA (Reuters) - The outsourcing industry in the Philippines, which has dethroned India as the country with the most call centers in the world, is worried that the rise of artificial intelligence (AI) will eat into the $23 billion sector. FILE PHOTO: Call center agents wait for calls from their Un...

SAN FRANCISCO/WASHINGTON (Reuters) - For about 48 hours after a deadly rampage at a Texas church, the FBI and other law enforcement agencies did not ask Apple Inc to help them unlock the gunman’s iPhone or associated online accounts, a person familiar with the situation told Reuters on Wednesd...

NEW YORK/WASHINGTON (Reuters) - Small Main Street banks vowed on Wednesday to fight any review of a ban that prevents retailers such as Wal-Mart Stores Inc (WMT.N) and tech companies like Amazon.com Inc (AMZN.O) from becoming fully fledged banks. The logo of the web service Amazon is pictured in thi...

NEW YORK/WASHINGTON (Reuters) - U.S. antitrust regulators and AT&T Inc (T.N) sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc’s (TWX.N) CNN cable network as a condition of approval of its deal to buy the media company. The U.S. Department of ...

NEW YORK/WASHINGTON (Reuters) - The U.S. Department of Justice is pushing AT&T Inc (T.N) to sell Turner Broadcasting, parent of CNN cable network, or its DirecTV satellite television unit to satisfy antitrust concerns over its purchase of Time Warner Inc (TWX.N), sources told Reuters on Wednesda...

WASHINGTON (Reuters) - Former Yahoo Chief Executive Marissa Mayer apologized on Wednesday for two massive data breaches at the internet company, blaming Russian agents for at least one of them, at a hearing on the growing number of cyber attacks on major U.S. companies. ”As CEO, these thefts o...

NEW YORK/WASHINGTON (Reuters) - The U.S. Department of Justice is pushing AT&T Inc (T.N) to sell Turner Broadcasting, parent of CNN cable network, or its DirecTV satellite television unit to satisfy antitrust concerns over its purchase of Time Warner Inc (TWX.N), sources told Reuters on Wednesda...

TORONTO/MONTREAL (Reuters) - The Canadian province of Quebec has told Ottawa it will impose a sales tax on online companies, such as video streaming service Netflix Inc (NFLX.O), and called on the federal government to reconsider its own decision not to do the same, La Presse newspaper reported on W...

NEW YORK (Reuters) - Sprint Corp will accelerate investment in its network as it plots a future as a standalone company, its chief executive officer said on Wednesday, days after the No. 4 U.S. wireless carrier said merger talks with rival T-Mobile US Inc had failed. FILE PHOTO - Sprint CEO Marcelo ...

(Reuters) - Snap Inc said on Wednesday that Chinese tech and media investment firm Tencent Holdings Ltd had taken a 12 percent stake in the company, a day after the owner of disappearing-messaging app Snapchat was punished by Wall Street for disappointing quarterly results. FILE PHOTO - A woman stan...

NEW YORK/WASHINGTON (Reuters) - The U.S. Department of Justice is pushing AT&T Inc (T.N) to sell assets or come up with other ways of satisfying antitrust concerns over its purchase of Time Warner Inc (TWX.N), a new and potentially costly obstacle to the U.S. No. 2 wireless carrier’s effor...

WASHINGTON (Reuters) - Former Yahoo Chief Executive Marissa Mayer apologized on Wednesday for a pair of massive data breaches at the internet company and blamed Russian agents at a hearing on the growing number of incidents involving major U.S. companies. Former Yahoo Chief Executive Marissa Mayer w...

(Reuters) - AT&T Inc (T.N) said on Wednesday it was uncertain when its deal to buy Time Warner Inc (TWX.N) would be completed as the network carrier continues antitrust discussions with the U.S. Department of Justice. The AT&T logo is pictures on a building in Los Angeles, California, U.S. A...

(Reuters) - AT&T Inc’s chief financial officer cast doubt on when it will close its acquisition of Time Warner, saying on Wednesday the company was in active discussions with the U.S. Department of Justice that made the timing uncertain. The AT&T logo is pictures on a building in Los A...

(Reuters) - Tencent Holdings Ltd now has a 12 percent stake in Snapchat operator Snap Inc, company filings showed on Wednesday, the latest in a string of major investments in the United States by China’s new tech heavyweights. FILE PHOTO: A sign of Tencent is seen during the third annual World...

MOSCOW (Reuters) - Russia’s communications regulator Roskomnadzor said on Wednesday it planned to check whether Facebook was in compliance with Russian law. A 3D-printed Facebook like button is seen in front of a displayed Russian flag in this illustration taken October 25, 2017. REUTERS/Dado ...

NEW YORK (Reuters) - Goldman Sachs Group Inc led a $10 million investment in Crux Informatics Inc, a U.S.-based technology startup that enables financial institutions to outsource the processing of data to gain business insights. A Goldman Sachs sign is displayed inside the company's post on the flo...

HONG KONG (Reuters) - Ford Motor and China’s Anhui Zotye Automobile have agreed to invest a combined $756 million to set up a 50-50 joint venture in China to build electric passenger vehicles, both companies said on Wednesday. FILE PHOTO: An airplane flies above a Ford logo in Colma, Californi...

(Reuters) - China’s Tencent now holds a 12 percent stake in Snapchat operator Snap Inc, Snap said on Wednesday, turning over a 20 percent slide in the U.S. company’s share price after badly received third quarter results. FILE PHOTO: A sign of Tencent is seen during the third annual Worl...

(Reuters) - If Broadcom Ltd’s (AVGO.O) unsolicited $103 billion bid for Qualcomm Inc succeeds, it could set up a battle with Intel Corp for dominance in the production of the next generation of communications chips, which will play a vital role in so-called connected cars. FILE PHOTO: A sign t...

LISBON (Reuters) - Uber has struck a deal with NASA to develop software for managing “flying taxi” routes in the air along the lines of ride-hailing services it has pioneered on the ground, the company said on Wednesday. A man exits the Uber offices in Queens, New York, U.S., February 2,...

HONG KONG (Reuters) - Tencent’s e-book unit China Literature Ltd (0772.HK) saw its shares surge more than 80 percent in their debut on Wednesday, as Hong Kong investors embrace a rush of tech listings, marking the biggest first-day gain for a large IPO globally this year. China Literature Co-C...

LOS ANGELES (Reuters) - If Walt Disney Co (DIS.N) buys some Twenty-First Century Fox (FOXA.O) businesses, it could provide a quick path for the traditional media giant to create a substantial competitor to Netflix Inc (NFLX.O) in the battle for TV and movie viewers. FILE PHOTO: The Twenty-First Cent...

(Reuters) - Snap Inc (SNAP.N) is redesigning its disappearing-message app Snapchat in an attempt to reach a broader audience, going back to the drawing board after being clobbered by Wall Street for another quarter of slowing user growth. A woman stands in front of the logo of Snap Inc. on the floor...

(Reuters) - Snap Inc is redesigning its disappearing-message app Snapchat in an attempt to reach a broader audience, going back to the drawing board after being clobbered by Wall Street for another quarter of slowing user growth.