China's Didi Chuxing to allow app users to access rivals' services

China's biggest ride-hailing company Didi Chuxing will allow users of its smartphone app to access services provided by apps of three domestic auto firms and others, in a push to generate more orders.

Norway's Telenor warns on Q2 profit after error at Grameenphone

Norwegian telecoms group Telenor said its second-quarter earnings would take a hit from "errors" discovered at Grameenphone, its Bangladeshi telecoms division.

Norway's Adevinta says new French digital tax may hit earnings

Online advertising group Adevinta said the newly introduced digital tax in France lacked clarity but would likely hit the Norwegian company's earnings as it posted second-quarter earnings roughly in line with expectations.

Norway's Telenor warns on second quarter profit after error at Grameenphone

Norwegian telecoms group Telenor said its second-quarter earnings would take a hit from "errors" discovered at Grameenphone, its Bangladeshi telecoms division.

Norway's Adevinta says French digital tax to impact earnings

Online advertising group Adevinta said the newly introduced digital tax in France lacked clarity, but would likely impact the Norwegian company's earnings as it posted second-quarter earnings roughly in line with expectations.

China's Xiaomi continues chip strategy revamp with investment in semiconductor designer

China's Xiaomi Corp has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the smartphone maker revamps its years-long pursuit of success in semiconductors which it sees as central to driving innovation.

Amazon workers in Germany to strike over pay, Verdi union says

Workers at seven Amazon sites across Germany will go on strike over pay for at least two days this week starting on Sunday night going into Monday, labor union Verdi said.

Exclusive: U.S. firms may get nod to restart Huawei sales in two-four weeks - official

The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in a sign President Donald Trump's recent effort to ease restrictions on the Chinese company could move forward quickly.

UK's Roxi Music plans for new product launches as it steps closer to IPO

ROXi Music, the makers of the home-based music streaming device ROXi, said it had chosen investment bank Arden Partners as it prepares for an initial public offering in the fourth quarter of 2019.

Exclusive: U.S. firms may get nod to restart Huawei sales in 2-4 weeks - official

The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in a sign President Donald Trump's recent effort to ease restrictions on the Chinese company could move forward quickly.

U.S. proposes barring big tech companies from offering financial services, digital currencies

A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a copy of the draft legislation seen by Reuters.

Israel holds 5G mobile network tender, aims for 2020 launch

Israel launched a tender for fifth-generation (5G) cellular frequencies on Sunday, hoping discounts to cash-strapped mobile phone operators battling fierce competition will entice bids.

China's Ping An to invest in education startup iTutorGroup

Ping An Insurance Group Co Of China said on Friday it would invest in online education company iTutorGroup, in a move to expand its "smart education" business.

Japan sets up working group on impact of Facebook's Libra ahead of G7

Japanese authorities have set up a working group to discuss the impact Facebook's proposed Libra digital coin could have on monetary policy and financial regulation, government sources said, ahead of a G7 finance leaders' gathering where the topic will be high on the agenda.

U.S. regulators approve $5 billion Facebook settlement over privacy issues: source

The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media company's handling of user data, a source familiar with the situation said on Friday.

FTC approves roughly $5 billion Facebook settlement: WSJ

The United States Federal Trade Commission voted this week to approve a roughly $5 billion settlement with Facebook Inc over a long-running investigation into the company's privacy missteps, the Wall Street Journal reported on Friday.

U.S. to hold hearing on French tax investigation Aug. 19

The U.S. Trade Representative's (USTR) Office will hold a hearing on Aug 19 in its probe of France's new planned tax on big technology companies, calling the proposal "unreasonable."

Macquarie's MEIF 6 Fibre unit to buy UK telecoms firm KCOM

Macquarie unit MEIF 6 Fibre Ltd is to buy KCOM Group Plc in a deal that values the British telecoms company at 627 million pounds ($787.5 million), ending a bidding war with a UK pension fund.

Macquarie-backed MEIF 6 Fibre to buy UK telecoms firm KCOM

Macquarie-backed MEIF 6 Fibre Ltd is to buy KCOM Group Plc in a deal valuing the British telecoms company at 627 million pounds ($787.51 million), after seeing off a British pension fund in a five-day auction which ended on Friday.

Volkswagen zooms ahead in extension of alliance with Ford to electric, automated cars

Ford Motor Co and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to slash development and manufacturing costs while positioning VW as the initial winner.

Japan, South Korea fail to mend dispute with frosty meeting

Japan and South Korea failed to mend a dispute that could threaten global supplies of microchips and smartphone displays after officials met in Tokyo on Friday for a more than five-hour briefing that drew media attention for its frosty start.

Ford, Volkswagen extend multibillion-dollar alliance to electric, automated cars

Ford Motor Co and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to slash development and manufacturing costs.

Ford, Volkswagen join forces on electric, autonomous cars

Ford Motor Co and Volkswagen AG joined forces to develop autonomous and electric cars on Friday and said they were also looking at other areas of cooperation, deepening a global alliance to slash development and manufacturing costs.

Ford, VW join forces on electric, autonomous cars

Ford and Volkswagen joined forces to develop autonomous and electric cars on Friday and said they were also looking at other areas of cooperation, deepening a global alliance to slash development and manufacturing costs.

Volkswagen investment vaults Argo into top ranks of self-driving firms

Volkswagen AG's $2.6-billion investment in Ford Motor Co's Argo AI self-driving unit, announced on Friday, immediately vaults the two-year-old Pittsburgh-based startup into the top ranks in the sector.

U.S. diplomat says United States won't intervene in Japan-South Korea dispute

The top U.S. diplomat for East Asia urged Japan and South Korea to settle a dispute over Japanese export restrictions through dialogue and said the United States did not plan to intervene, NHK reported on Friday.

Japan export curbs on South Korea may widen rift over wartime labor compensation

Japan's restrictions on certain tech exports to South Korea are deepening a decades-long feud over wartime forced labor and may make compromise harder as leaders in both countries appeal to their political bases.

South Korea calls for probe as forced labor feud with Japan deepens

South Korea called on Friday for an international investigation of what it said were accusations by Japanese officials that it had passed some high-tech materials imported from Japan on to North Korea in violation of U.N. sanctions.

Apple supplier Japan Display secures bailout after funding shortfall

Japan Display Inc said on Friday that a group led by Chinese investment firm Harvest Group had formally secured additional funding for a previously announced 80 billion yen ($738 million) bailout plan for the screen maker.

Japan Display says it has secured funding shortfall for $738 million bailout deal

Japan Display Inc said on Friday Chinese investment firm Harvest Group had formalized its decision to fill the shortfall to reach an 80 billion yen ($738 million) bailout deal, having secured a $100 million investment from a JDI customer.