HSBC flips crime-spotting tool to scope new business

British bank HSBC has converted a financial crime-spotting algorithm it was forced to build in the wake of a money-laundering scandal into one that can scope out new business opportunities, bank executives said.

Apple plans to show films in theaters before streaming: WSJ

Apple Inc is planning to show feature-length films in theaters before releasing them on its streaming TV service, the Wall Street Journal reported on Friday, citing people familiar with the plans.

Libra cryptocurrency not out to replace existing money: project head

The Facebook-conceived Libra cryptocurrency, to be launched by a Geneva-based association next year, is not intended to replace existing currencies, Libra Association Managing Director Bertrand Perez said on Friday.

Huawei says it has begun producing 5G base stations without U.S. parts

Huawei Technologies Co Ltd [HWT.UL] said it has started making 5G base stations without U.S. components and that total production of 5G base stations should more than double next year as more countries introduce the technology.

Motorbike ride-sharing a panacea for Dhaka traffic chaos

Ride-sharing motorbike services are surging in popularity in the Bangladeshi capital of Dhaka, where nightmare traffic often means that walking is faster than traveling by car or bus.

In Mexico, 85 fintechs are seeking permission to operate

Mexican banking regulator CNBV said on Thursday it received applications from 85 companies to formally operate in the country under its new fintech law as the government of President Andres Manuel Lopez Obrador pushes for more financial inclusion.

DoorDash hack leaks data of 4.9 million customers, restaurants

Meal delivery service DoorDash Inc said on Thursday there was a data breach and information related to 4.9 million customers, delivery executives and restaurants may have been leaked.

Brazil's Oi to test 5G in Rio music festival using Huawei's gear

Brazil's telecoms carrier Oi SA is preparing to test fifth-generation wireless network (5G) during the Rock in Rio music festival, using equipment provided by China's Huawei Technology Co Ltd [HWT.UL], to conduct one of the largest trials of the technology in Brazil.

Tesla shares jump on leaked deliveries email, entertainment software update

Tesla Inc shares closed up 6% on Thursday on a report that Chief Executive Officer Elon Musk saw "a shot" at delivering 100,000 cars this quarter and the company said it will roll out a software update for watching movies and playing games in cars.

Regulator approves NYC area airport tax, favoring taxis over ride-hails

Passengers commuting to or from Newark Liberty, LaGuardia and John F. Kennedy airports by taxi or ride-hail service will have to pay additional fees beginning in October 2020, the Port Authority of New York and New Jersey said on Thursday.

Internet sector contributes $2.1 trillion to U.S. economy: industry group

The rapidly growing internet sector accounted for $2.1 trillion of the U.S. economy in 2018, or about 10% of the nation's gross domestic product (GDP), an industry group said on Thursday.

Explainer: Advertising execs point to five ways Google stifles business

U.S. authorities investigating Alphabet Inc's Google for anticompetitive behavior have recently begun probing the company's $116 billion-a-year advertising business.

New York sues Dunkin' Donuts over cyberattacks

The parent of Dunkin' Donuts was sued on Thursday by New York Attorney General Letitia James, who accused the chain of failing to protect hundreds of thousands of customers whose accounts were targeted in a series of "brute force" cyberattacks.

Telecom Italia chairman quits as shareholder feud subsides

The chairman of Telecom Italia (TIM), Fulvio Conti, stepped down on Thursday in a move that signals an easing of tensions between the group's main shareholders.

Telecom Italia aims to bring funds into single fiber network deal: sources

Telecom Italia has presented shareholders of smaller rival Open Fiber a list of funds that could buy into the fast broadband company as part of plans to create a single nationwide fiber network, three sources close to the matter said.

U.S. unlikely to extend waiver for U.S. firms to supply China's Huawei: Bloomberg

The United States is unlikely to extend a waiver allowing American firms to supply China's Huawei Technologies [HWT.UL], Bloomberg reported https://bloom.bg/2lCUM2d on Thursday, citing a government official.

Zambia cancels license of Vodafone franchise holder over poor capacity

Zambia's communications regulator said on Thursday it had canceled the license for Vodafone's local franchise holder, citing a lack of technical and financial capacity.

Facebook wins dismissal of investor lawsuit over privacy breach

Facebook Inc and its chief executive Mark Zuckerberg on Thursday won dismissal of an investor lawsuit accusing them of deceiving investors about the likely impact of a privacy breach on its stock price, though the investors will be have a chance to refile their case.

Iran checks cyber security at key energy sites, eyes U.S. threat

Iran has launched an inspection of security at its key Gulf oil and gas facilities, including preparedness for cyber attacks, the Oil Ministry news agency SHANA said, following media reports of Washington weighing possible cyber attacks on Tehran.

Apple supplier Japan Display loses out on Chinese funds, bailout at risk

Apple Inc supplier Japan Display Inc said on Thursday that Chinese investment firm Harvest Group would withdraw from a bailout of the cash-strapped smartphone screen maker, increasing the chance of the 80 billion yen ($743 million) deal collapsing.

Toyota to develop hydrogen fuel cars with Chinese partners FAW, GAC

Toyota Motor plans to launch hydrogen fuel-cell car models with its China partners Guangzhou Automobile Group (GAC) and FAW Group [SASACJ.UL], as the Japanese automaker tries to boost its presence in the world's biggest auto market.

Apple supplier Japan Display loses out on Chinese funds, survival at risk

Apple Inc supplier Japan Display Inc said on Thursday that Chinese investment firm Harvest Group would withdraw from a bailout of the cash-strapped smartphone screen maker, increasing the chance of the 80 billion yen ($743 million) deal collapsing.

Silicon Valley goes to the Vatican to talk tech ethics

The Vatican brought together Silicon Valley heavyweights, Nobel laureates and cyber experts on Friday to discuss the ethical use of digital technology, in a meeting officials said could provide material for a possible papal document on artificial intelligence.

Italy's Open Fiber boss Bassanini rules out being TIM chairman

Franco Bassanini, the head of Italian broadband operator Open Fiber denied on Thursday that he would become Telecom Italia's (TIM) new chairman.

Samsung to offer financing to help to boost India smartphone sales

Samsung Electronics is to provide finance to potential smartphone buyers, a company executive said on Thursday, in a bid to boost smartphone sales in India where it faces fierce competition from rivals such as China's Xiaomi.

Norway will not ban Huawei from 5G mobile network: minister

Norway does not plan to block China's Huawei Technologies[HWT.UL] from building the country's 5G telecoms network, cabinet minister Nikolai Astrup told Reuters.

Huawei already producing 5G base stations without U.S. parts: CEO

Huawei Technologies Co Ltd's [HWT.UL] founder and CEO Ren Zhengfei said on Thursday the company is already producing 5G base stations that are free of U.S. components and plans to more than double production next year.

Norway won't ban Huawei from 5G mobile network: minister

Norway does not plan to block China's Huawei Technologies[HWT.UL] from building the country's 5G telecommunications network, the government's minister of digitalization told Reuters.

Exclusive: Texas signs ex-Microsoft lawyer, others to aid in Google antitrust probe

The Texas attorney general's office has hired three consultants for a multi-state probe it is leading into Alphabet Inc's Google, including an economist who worked with some of the firm's major rivals and a lawyer who is a Microsoft veteran.

Baidu to sell nearly third of Ctrip stake for $1 billion

Chinese internet search giant Baidu Inc will sell nearly a third of its stake in online travel firm Ctrip.com International Ltd, aiming to raise about $1 billion as it looks to invest in new revenue streams.