Ericsson expects to take $1.2 billion hit to settle U.S. probes

Mobile telecoms gear maker Ericsson will take a 12 billion crown ($1.2 billion) hit to third-quarter results from long-running U.S. investigations into past corruption allegations, it said on Thursday.

Huawei CEO says willing to license 5G technology to a U.S. firm

Huawei Technologies Co Ltd founder and CEO Ren Zhengfei said on Thursday the company is willing to license its 5G mobile technology to a U.S. firm, as it seeks to alleviate security concerns over its products.

Apple supplier Japan Display loses out on Chinese funds: Nikkei

Chinese investment firm Harvest Group will not provide any financial aid to Apple Inc supplier Japan Display Inc, the Nikkei said on Thursday, possibly disrupting restructuring plans for the cash-strapped LCD maker.

Chinese fund Harvest declines financial support for Apple supplier Japan Display: Nikkei

Japan Display Inc has been informed by Chinese investment firm Harvest Group that it will not provide financial support to the cash-strapped Apple Inc supplier, the Nikkei said on Thursday.

Amazon helps deliver crocodile-spotting drones in Australia

An Australian maker of drones used to spot sharks near surf beaches has partnered with online retailer Amazon.com Inc and other firms to create a drone service that could protect tourists from crocodiles in holiday destinations.

Sunrise plan to buy Liberty Global's UPC gets anti-trust green light

The Swiss anti-trust authority has approved Sunrise Communications' 6.3 billion Swiss franc ($6.36 billion) takeover of Liberty Global's UPC business, setting up a showdown between the telecoms company and foes of the deal.

Facebook tightens political ad rules in Singapore as election looms

Social media giant Facebook Inc said on Thursday it had implemented new rules for political advertisements in Singapore ahead of an election in the city-state expected within months.

Viral visuals driving social media manipulation on YouTube, Instagram: researchers

The success of viral memes, videos and pictures in spreading online disinformation is fueling organized social media manipulation on Instagram and YouTube, researchers at Oxford University said on Thursday.

Amazon develops longer-range wireless network for IoT devices

Amazon.com Inc said on Wednesday it is developing a longer-range equivalent to Bluetooth and WiFi wireless protocols that the largest U.S. online retailer hopes third parties will eventually use in smart devices.

Indonesian ride-hailer Gojek takes on Netflix with video-streaming platform

Indonesian ride-hailing and payments firm Gojek launched a video streaming service featuring original movies and TV shows on Thursday , as the firm makes a big push into online content in Southeast Asia's largest economy, its entertainment chief said.

SoftBank likely to funnel $1 billion more into WeWork after delayed IPO: FT

SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement struck before falling valuations delayed the U.S. office-sharing startup's IPO, the Financial Times reported.

Ericsson makes $1.2 billion provision to settle U.S. probes, flags third quarter hit

Mobile telecom gear maker Ericsson said on Thursday its third-quarter results will be hit by a 12 billion Swedish krona ($1.23 billion) provision it was making for U.S. investigations.

How a sanctions-busting smartphone business thrives in North Korea

North Korea is evading U.N. sanctions to cash in on soaring domestic demand for smartphones, using low-cost hardware imports to generate significant income for the regime, according to defectors, experts and an analysis of North Korean-made phones.

Exclusive: Oracle says investigators have asked it for information about Google

Oracle Corp , which has clashed with Alphabet's Google in business disputes, has received requests for information from congressional and state investigators looking into allegations that Google violated antitrust law.

Interview With the Guy Who Tried to Frame Me for Heroin Possession

In April 2013, I received via U.S. mail more than a gram of pure heroin as part of a scheme to get me arrested for drug possession. But the plan failed and the Ukrainian mastermind behind it soon after was imprisoned for unrelated cybercrime offenses. That individual recently gave his first intervie...

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Justice Department to open Facebook antitrust investigation: source

The U.S. Justice Department will open an antitrust investigation of Facebook Inc, a source familiar with the matter said on Wednesday.

U.S. Justice Department to open Facebook antitrust investigation: source

The U.S. Justice Department will open an antitrust investigation of Facebook Inc, a source familiar with the matter said on Wednesday.

Ericsson makes $1.2 billion provision in relation to U.S. probes, will impact third quarter

Mobile telecom gear maker Ericsson said its third quarter results will be impacted by a 12 billion Swedish krona ($1.23 billion) provision it is making in relation to probes by the U.S. Securities and Exchange Commission and the Department Of Justice.

Amazon CEO says company working on facial recognition regulations

Amazon.com Inc Chief Executive Jeff Bezos said the company's public policy team is working on proposed regulations around facial recognition, a fledgling technology that has drawn criticism of the technology giant's cloud computing unit.

Microsoft challenges federal judge's order on 'sneak and peek' searches

Microsoft said on Wednesday it was challenging a federal judge's order that prevents the software maker from informing one of its large corporate customers that the U.S. government has issued a warrant for the customer's data.

Uber to launch UK driver loyalty scheme amid license battle

Uber will launch a loyalty program for its British drivers offering free education courses, roadside assistance and discounted car maintenance, the taxi app said just two days after it received only a short new operating license in London.

Brazil's Via Varejo mulls selling Extra.com domain back to GPA: chairman

Three months after becoming the largest shareholder and chairman of Brazilian electronics and appliance retailer Via Varejo SA, retail veteran Michael Klein and his family are now considering the sale of the domain Extra.com to former controller GPA SA.

Estonian startup bourse gets Singapore license for global trading

Venture-funded Estonian company Funderbeam said on Wednesday it had obtained two financial services licenses from Singapore authorities, which will enable it to offer a global secondary market for trading in private companies.

Nio raising more cash amid cost-cutting campaign

Nio Inc, one of China’s high-profile electric car startups, disclosed a fresh money-raising push this week, saying it had issued $200 million worth of bonds and was accelerating cost-cutting programs to slow cash burn as the company seeks to attract more investors in a slumping market.

Amazon brings Samuel L. Jackson's voice to Alexa and announces voice-controlled glasses

Amazon.com Inc on Wednesday said actor Samuel L. Jackson and other celebrities will voice speech for the company's virtual assistant Alexa, while the voice aid will also be built into a new wearable line of earbuds, eyeglasses and a ring.

HBO Max needs AT&T's reach to compete in streaming wars, WarnerMedia exec says

The forthcoming HBO Max streaming service needs the reach of its parent company AT&T Inc to compete in the streaming video wars, a senior WarnerMedia executive said in an interview, as the company faces pressure from an activist investor to explain its media strategy.

Nio aims to control cash burn with smaller showrooms, leaner staff

China's loss-making Tesla wannabe Nio Inc will expand its sales network with smaller showrooms, slash its workforce and spin off some business units, company executives said on Wednesday, in a move to control massive cash burn amid slowing electric vehicle sales in the world's largest auto market.

GM calls on Alexa to give vehicles more skills

General Motors Co will enable U.S. owners of 2018 and newer model vehicles to download Amazon.com's Alexa digital assistant software to control navigation, streaming media and phones starting next year, the companies said on Wednesday.

Tinder owner sued for using fake profiles in ads on Match.com

The owner of Tinder and OkCupid is being sued by U.S. regulator for seeking to draw in potential subscribers with emails from fake users expressing interest in pairing up.

Amazon turns to celebrity voices to bolster use of its virtual assistant Alexa

Amazon.com Inc on Wednesday said actor Samuel L. Jackson and other celebrities will voice speech for the company's virtual assistant Alexa, one of a range of new features designed to attract more users to the service.