Four Republican lawmakers ask Trump to move forward with $10 billion Pentagon cloud contract

Four Republican members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Defense Department.

Confusion builds over U.S. ban on Chinese surveillance technology

Contractors who buy and install Hikvision and Dahua surveillance systems told U.S. officials on Friday that an ambiguous law that bans purchases from the two Chinese companies could harm their businesses.

Trump tells France's Macron U.S. concerned with proposed digital services tax

U.S. President Donald Trump spoke with French President Emmanuel Macron on Friday and expressed concerns about the country's proposed digital services tax, the White House said.

Four U.S. lawmakers ask Trump to move forward with $10 billion Pentagon cloud contract

Four members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Department of Defense.

QuickBooks Cloud Hosting Firm iNSYNQ Hit in Ransomware Attack

Cloud hosting provider iNSYNQ says it is trying to recover from a ransomware attack that shut down its network and has left customers unable to access their accounting data for the past three days. Unfortunately for iNSYNQ, the company appears to be turning a deaf ear to the increasingly anxious cri...

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Fed's Bullard sees cryptocurrencies shifting U.S. financial system

Cryptocurrencies are changing the U.S. currency system in ways that may facilitate illegal activity and instability in prices, St. Louis Federal Reserve President James Bullard said on Friday.

Italy's watchdog says single network controlled by TIM would be 'backward step'

A single network entity controlled by Italy's former monopoly phone group Telecom Italia (TIM) would be a "backward step", the country's communication watchdog chief Angelo Cardani said on Friday.

UK delay on Huawei 5G decision harming ties, lawmakers say

A powerful committee of British lawmakers on Friday urged the next prime minister to decide quickly on the role China's Huawei will have in next-generation 5G telecommunications networks to avert more damage to Britain's international relations.

Russian lawmakers propose making local software mandatory on smartphones

Russian lawmakers want to make it a legal requirement for all smartphones, computers and smart TV sets sold in Russia to come pre-installed with certain Russian software in a bid to support domestic software producers, according to a draft bill.

Britain to cut Huawei decision from telecoms review: sources

Britain plans to publish the results of a long-awaited telecoms supply chain review next week without a decision on the use of equipment made by China's Huawei in future 5G networks, people with knowledge of the matter told Reuters.

China's intelligence law looms over EU 5G safeguards: official

The European Union cannot ignore China's National Intelligence Law, which requires Chinese citizens to support state information-gathering, as Brussels seeks rules for super-fast mobile networks, a senior EU official said on Friday.

EU must be aware of China's intelligence law when drawing up 5G rules: King

China's National Intelligence Law, which requires Chinese citizens to support state information-gathering, cannot be ignored by the European Union as it draws up rules to protect mobile networks, an EU commissioner said on Friday.

Britain's delay on Huawei 5G decision harming international ties: UK lawmakers

Britain's new prime minister must urgently make a decision on the role China's Huawei will have in next-generation 5G networks as the ongoing debate is damaging international relations, a powerful committee of British lawmakers said on Friday.

Toyota, China's BYD team up to develop battery EVs

Toyota Motor said it would develop battery electric vehicles (EVs) and batteries with BYD Co Ltd, in a sign it was ramping up partnerships with Chinese players as planned to build affordable EVs for the world's top auto market.

SoftBank raises $270 million via Seoul unit for early-stage investments

SoftBank Group Corp said on Friday its Seoul-based venture capital unit focusing on early-stage investments has raised a 317 billion won ($270 million) fund.

Oyo founder to buy back $2 billion worth stake in SoftBank-backed Indian co

Indian hospitality startup Oyo Founder Ritesh Agarwal raised his stake in the company with a $2 billion buyback, in a move that will bring his ownership closer to biggest investor SoftBank Corp .

ITV, BBC to offer BritBox at 6 pounds per month in UK

(Reuters - British broadcasters ITV and the BBC said on Friday they would launch streaming service BritBox in the UK at nearly 6 pounds ($7.51) per month, giving subscribers access to hit shows such as "Love Island", "Gentleman Jack" and "Coronation Street".

Toyota, China's BYD to jointly develop battery EVs

Toyota Motor Corp said on Friday it would jointly develop battery electric vehicles (EVs) and batteries with China's BYD Co Ltd, expanding its Chinese partnerships to build affordable EVs for the world's largest car market.

ITV, BBC agree to offer BritBox at 6 pounds/month in UK

(Reuters - British broadcaster ITV said on Friday it had finalised an agreement with public broadcaster BBC to launch streaming service BritBox in the UK at nearly 6 pounds ($7.51) per month for high-definition services.

Wirecard to handle card payments for ALDI supermarket chains

Wirecard, the German payments company, said on Friday it had signed an agreement with supermarket chains ALDI Nord and ALDI Sued to process card payments at all their stores in the country.

Netflix sinks on subscriber losses, analysts still see growth

Wall Street brokerages stuck to a positive outlook on Netflix Inc on Thursday, betting that a strong content slate for the rest of 2019 would reverse shock second-quarter losses in U.S. subscribers that sank its stock price.

BMW, Tencent to open computing center in China for self-driving cars

German automaker BMW and Chinese online gaming giant Tencent Holdings are teaming up to launch a computing center in China that will help develop self-driving cars in the world’s biggest auto market, the companies said on Friday.

UK's new PM must take 5G decision on Huawei urgently: committee

The new prime minister must take a decision on whether to include China's Huawei in Britain's 5G telecoms network urgently as the ongoing debate is damaging international relations, a powerful committee of UK lawmakers said on Friday.

Microsoft shares hit record highs, powered by growing cloud sales

Microsoft Corp on Thursday beat analysts' estimates for fourth-quarter revenue and profit, driven by continued sales increases from its cloud business and sending its shares to all-time highs.

Microsoft beats estimates, powered by growing cloud profits

Microsoft Corp on Thursday beat analysts' estimates for fourth-quarter revenue and profit, powered by continued sales increases from its cloud business and a boost from businesses upgrading Windows.

Microsoft sales beat expectations as cloud growth slows

Microsoft Corp beat analysts' estimates for fourth-quarter revenue and profit on Thursday, even as sales growth began to slow for its cloud product Azure and Office software.

Trump says looking closely at Amazon's bid on $10 billion Pentagon contract

U.S. President Donald Trump said on Thursday his administration was looking closely at Amazon.com's bid on a $10 billion cloud contract with the Defense Department after getting complaints from other tech companies.

Microsoft beats revenue estimates on cloud boost

Microsoft Corp on Thursday reported fourth-quarter revenue that beat analysts' estimates, powered by growth in its flagship cloud product Azure.

Trump says he's looking closely at Amazon contract with Pentagon

President Donald Trump said on Thursday his administration was looking closely at Amazon's contract with the U.S. Defense Department after getting complaints from other tech companies.

Transport app FlixMobility gets Germany's biggest tech funding round to drive growth

Transport app FlixMobility has raised around 500 million euros ($561 million) in Germany's biggest tech funding round to date to back investments in its expansion, sources familiar with the matter said on Thursday.