Alphabet Inc on Thursday acknowledged a broader U.S. Department of Justice antitrust review of large technology firms and said it will continue to engage with the regulator.
Twitter revenue beats, sees rise in daily users viewing ads
Twitter Inc posted better-than-expected second-quarter revenue on Friday and an uptick in daily users who see advertisements on the site, driven by changes to show users more relevant content, sending its shares up nearly 5%.
Huawei rolls out 5G phone and flags first Hongmeng device
Huawei Technologies [HWT.UL] on Friday released its first 5G phone in China and said it would soon launch smart TVs equipped with its own Hongmeng operating system.
Twitter beats on revenue, sees rise in daily users viewing ads
Twitter Inc posted a better-than-expected second-quarter revenue on Friday and an uptick in daily users who see advertisements on the site, driven by changes to show users more relevant content.
SoftBank-backed Tokopedia bets on logistics, AI for Indonesia growth
Indonesian e-commerce unicorn Tokopedia is investing in two logistics companies and using artificial intelligence to predict buying behavior as part of an effort to speed delivery and slash shipping costs in the world's biggest archipelago.
Australia's NAB says 13,000 customers' personal data breached
National Australia Bank Ltd said 13,000 customers are being contacted after a data breach where personal data was uploaded without permission to two data service companies.
New auto safety technology leaves insurers in the dark
Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes or automated cruise control.
Wildcat Discovery, InoBat to build electric car battery line in Slovakia
Slovak group InoBat and U.S. energy tech firm Wildcat Discovery Technologies will build a 100 million euro ($111 million) automotive battery production line in Slovakia, with the aim of meeting future demand from central Europe's carmakers.
Vodafone to create European mobile mast company with IPO potential
Britain's Vodafone announced plans on Friday to separate its mobile mast operations in Europe into a new company that it potentially could list, in a move it said would unlock value for shareholders.
Huawei's ties with partners FedEx, Flex fray on U.S.-China tensions
American delivery firm FedEx Corp likely withheld more than 100 packages of Huawei, a report said, while the Chinese tech giant also blamed U.S.-listed Flex for seizing its goods, as Sino-U.S. tensions further strain business ties.
Tencent Cloud enters Japan, targets five-fold international revenue growth
Tencent Holdings on Friday said it has entered the cloud service market in Japan and the company targeted up to five-fold growth in international revenue of its cloud business this year.
WhatsApp to roll out payments feature in India this year
WhatsApp will roll out its payments service in India this year following a year-long pilot, its global chief Will Cathcart has said, as the Facebook-owned messaging giant taps an upsurge in digital payments in its dominant market.
Alibaba's chip division releases first core processor IP
The semiconductor division of Chinese tech giant Alibaba Group Holding Ltd released its first core processor IP on Thursday, as the e-commerce giant continues its steady push into advanced technologies.
Vodafone to create European mobile mast company with potential for IPO
Vodafone said on Friday it would move its mobile mast operations in 10 European markets into a new company that it potentially could list, in a move it said would unlock value for shareholders.
China's CATL to start battery storage business in Japan with Next Energy
China's electric vehicle battery maker Contemporary Amperex Technology Co Ltd (CATL) said it will start offering products to homes and plants in Japan in 2020, as it seeks to expand its global presence and diversify its business.
China probe finds FedEx may have held back over 100 Huawei packages: report
Chinese authorities investigating FedEx Corp suspect the U.S. delivery company illegally withheld more than 100 packages of Huawei Technologies and that it also violated other laws, state news agency Xinhua reported on Friday.
Factbox: How Australia plans to curb Facebook and Google's market power
The Australian Competition and Consumer Commission has found, after an 18-month investigation, that Google and Facebook hold enormous power in the country's online advertising and news distribution markets, and that antitrust and privacy laws have not caught up to the real world.
Australia to 'lift veil' on Facebook, Google algorithms to protect privacy
Australia said it would establish the world's first dedicated office to police Facebook Inc and Google as part of reforms designed to rein in the U.S. technology giants, potentially setting a precedent for global lawmakers.
SoftBank Group's $108 billion Vision Fund 2 draws in Microsoft, Apple
SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in technology firms, saying it has secured memoranda of understanding (MOU) for about $108 billion from companies including Microsoft Corp .
Australia to set up antitrust office to police Facebook, Google
Australia said it would establish the world's first dedicated office within an antitrust regulator to police Facebook Inc and Google , setting a precedent for global lawmakers grappling with the U.S. technology giants' dominance.
SoftBank Group announces new $108 billion Vision Fund, broadens investor base
SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in technology firms, saying it has secured memoranda of understanding (MOU) for about $108 billion from companies including Apple Inc and Microsoft Corp .
China suspects FedEx broke law by declining Huawei shipments: media
Chinese authorities suspect U.S. package delivery company FedEx Corp violated the law by not making shipments of goods from the tech company Huawei to their recipients, the Xinhua state news agency reported on Friday.
Australian regulator to get unit specializing in tech companies
Australia's antitrust watchdog will be strengthened with a special branch to oversee the market power of U.S. technology giants Facebook and Google under sweeping regulatory reforms proposed by the government on Friday.
China finds clues of additional Fedex violations: Xinhua
China's government has discovered clues that Fedex violated the law as part of its ongoing investigation into the mail carrier, state-media outlet Xinhua reported on Friday.
Australia to set out proposals to rein in Facebook, Google
Australia will publish on Friday recommendations to limit the power of Facebook Inc and Google, potentially setting a precedent for global lawmakers grappling with the U.S. technology giants' dominance of online news and advertising.
Alphabet's revenue rebounds; easing doubts on growth and boosting shares
Alphabet Inc shares rose about 8% after the company reported quarterly results that eased investors' concerns about growth challenges facing its Google advertising business.
SoftBank Group announces new $108 billion Vision Fund aimed at AI
SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in AI technology, saying it has secured memoranda of understandings (MOUs) for about $108 billion from companies including Apple and Microsoft .
Intel says customers stockpiling chips on U.S.-China tension, hikes forecast
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to China's Huawei Technologies Co Ltd.
Alphabet shares soar on new details into YouTube, cloud growth
Alphabet Inc shares rose 9% after the company reported quarterly results that eased investors' concerns about the growth challenges facing its Google advertising business.
Intel says customers stockpiling chips on U.S.-China tension, raises forecast
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to Huawei Technologies Co Ltd.