The Israeli-based NSO Group said on Tuesday it would abide by U.N. guidelines to prevent rights abuses, following accusations by cyber experts that its software was used in a number of government surveillance scandals.
Electric car boom to turbocharge battery metal producers: Moody's
Demand for metals used in battery electric vehicles could rise sixfold if electric cars reach 8% of road traffic by the mid-2020s, delivering huge dividends for producing countries like Democratic Republic of Congo, Moody's said on Tuesday.
Ford to launch eight electric vehicles in Europe this year
Ford Motor Co said on Tuesday it would launch eight electric vehicles in Europe this year, a key step in its target of achieving a majority of its overall sales from electric cars by the end of 2022.
Swiss-based Libra will have to meet tough U.S. standards: U.S. Treasury
The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S. Treasury official said on Tuesday.
Daimler enlists computer game designers to encourage efficient driving
Daimler is hiring computer programmers to create games that encourage electric and hybrid vehicle owners to drive more efficiently, the company's research chief Markus Schaefer said on Tuesday.
Apple to reveal streaming service prices while iPhones on 'holding pattern' until 5G
Apple Inc is set on Tuesday to announce pricing for its forthcoming streaming TV service as well as updates to its iPhone lineup, as the tech giant reaches a turning point where it focuses as much on services as its hardware and software.
Automakers turn on style to try to switch SUV fans to electric
Mercedes-Benz and Porsche are showcasing curvaceous, high-end electric sports cars at the Frankfurt auto show as part of an industry effort to counter Tesla, avert billions in European pollution fines and defuse complaints from climate activists. Germany's premium automakers are now marketing electr...
WeWork IPO valuation likely below $20 billion, clouding SoftBank's vision
WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for leading shareholder SoftBank Group whose key group portfolio firms have tumbled in value.
Cyber spying firm NSO to follow human rights guidelines
The Israeli-based NSO Group, whose software is alleged to have been used in a number of government surveillance scandals, said on Tuesday it would abide by U.N. guidelines to prevent rights abuses.
Hungary may launch 5G service this year, says U.N. telecoms chief
Hungary could launch high-speed 5G mobile networks before the end of this year if plans remain on track, the head of the U.N. internet and telecoms agency said on Tuesday after speaking to the Hungarian prime minister.
Australian watchdog hurt competition by barring Vodafone, TPG merger: telcos
Australia's antitrust regulator has hurt competition by blocking a A$15 billion ($10 billion) merger between the nation's third- and fourth-largest telecoms providers, the companies said in court on Tuesday as their legal appeal got underway.
'Bad things could happen': Turning to tech to tame the crypto jungle
"Hi guys, could you please show me a firm bid for 100 bitcoin?" a seller texts on Skype.
Baidu to invest $202 million in Chinese AI company Neusoft
China's search engine giant Baidu said on Tuesday it will invest 1.44 billion yuan ($202 million) in artificial intelligence firm Neusoft Holdings, with a view to collaborate in sectors such as smart cities and healthcare.
SoftBank leads new financing round in Brazil's housing broker QuintoAndar
Brazilian online housing broker QuintoAndar has raised $250 million in a new funding round led by Japan's SoftBank Group International, the company said on Tuesday.
SoftBank urges WeWork to shelve IPO over valuation concerns: FT
SoftBank Group , a top shareholder in the holding company of U.S. office-sharing startup WeWork, is urging it to shelve a planned IPO on concerns over the valuation that can be achieved in a listing, the Financial Times reported on Monday.
Amazon launches Prime service in challenging Brazil market
Amazon.com Inc said it will launch its Prime subscription service in Brazil on Tuesday as it seeks to broaden its footprint in Latin America's largest economy, where it has struggled against tough local competition.
SAP chief says German headquarters an advantage amid U.S.-China trade war
German business software company SAP SE has an edge over its U.S. rivals because it faces potentially fewer restrictions on doing business with China, Chief Executive Bill McDermott said in an interview.
Australia regulator accused of harming competition in Vodafone, TPG telco decision
Australia's antitrust regulator has hurt competition, not helped it, by blocking a A$15 billion ($10 billion) merger between the third- and fourth-largest telecoms providers, a lawyer for one of the companies told a court on Tuesday.
Huawei drops lawsuit against U.S. over seized equipment: court filing
China's Huawei Technologies Co Ltd has dropped a lawsuit against the U.S. government after Washington released telecommunications equipment it had seized on suspicion of violations of export controls, according to a court filing on Monday.
Australian cyber officials warned India against using Huawei: newspapers
Australian government officials advised India to ban Chinese technology maker Huawei Technologies Co Ltd [HWT.UL] from supplying parts for a rollout of a high-speed telecommunications network, Australian newspapers reported on Tuesday.
Judge lets Facebook privacy class action proceed, calls company's views 'so wrong'
A federal judge on Monday ordered Facebook Inc to face most of a nationwide lawsuit seeking damages for letting third parties such as Cambridge Analytica access users' private data, calling the social media company's views on privacy "so wrong."
U.S. states launch antitrust probe of Google, advertising in focus
Attorneys general from 48 U.S. states, the District of Columbia and Puerto Rico formally opened an antitrust probe on Monday into Alphabet's Google , in a sign of growing government scrutiny of U.S. technology giants.
Shopify to buy warehouse technology provider for $450 million
Shopify Inc said on Monday it would buy warehouse technology provider 6 River Systems Inc for about $450 million, as it looks to accelerate growth of its fulfillment network.
Mexico eyes sales tax on digital businesses to boost revenue
Mexico is in talks to extend a sales tax to foreign online businesses so that they pay their fair share to Latin America's second biggest economy, the government said on Monday, in a move that could affect companies like Amazon.com Inc, Uber Technologies Inc and Airbnb Inc.
U.S. tech firms tell Congress: Pass U.S.-Mexico-Canada trade pact now
Eleven trade groups on Monday urged U.S. lawmakers to pass the U.S.-Mexico-Canada trade agreement as soon as possible but warned Congress not to let the Trump administration change the thresholds for duty-free shipments into the United States.
U.S. states launch antitrust probe of big tech; Google ads in focus
Attorneys general from 48 U.S. states, the District of Columbia and Puerto Rico have opened an antitrust probe into big tech companies that focuses on Alphabet's Google , Texas Attorney General Ken Paxton formally announced on Monday.
Microsoft's LinkedIn loses appeal over access to user profiles
A federal appeals court on Monday rejected LinkedIn's effort to stop a San Francisco company from using information that users of the professional networking website have deemed public.
Facebook, Instagram close accounts of Italian neo-fascist groups
Facebook and Instagram on Monday blocked the social media accounts of two Italian neo-fascist groups and some of their activists because they had violated the platforms' policies against spreading hate, Facebook said.
Apple alters search algorithms to deliver fewer of its own apps: NYT
Apple Inc, following antitrust scrutiny in Europe and the United States, has altered the search algorithm for its App Store so that the company's own apps do not dominate the top positions, the New York Times reported on Monday.
Apple may spark upgrade rush with new iPhones, tight pricing
Apple Inc could sell as many as 200 million of its latest iPhones from existing users upgrading their older devices and much of that demand will come from China despite an ongoing trade war, several Wall Street analysts said on Monday.