Spotify Technology SA, the world's leading streaming platform, said on Monday it had hit 100 million paid subscribers as it reported a better-than-expected rise in first-quarter revenue.
U.S. Supreme Court seeks Trump administration views on Google-Oracle copyright feud
The U.S. Supreme Court on Monday asked the Trump administration to offer its views on whether it should hear Google's bid to end Oracle Corp's copyright infringement lawsuit involving the Android operating system that runs most of the world's smartphones.
Alibaba pays $250 million to settle lawsuit over pre-IPO counterfeiting warning
Alibaba Group Holding Ltd said on Monday it will pay $250 million to settle a U.S. lawsuit faulting the Chinese e-commerce company for concealing a regulatory warning about its ability to stop counterfeiting before it went public in 2014.
U.S. will rethink cooperation with allies who use Huawei: official
Washington does not see any distinction between core and non-core parts of 5G networks and will reassess sharing information with any allies which use equipment made by China's Huawei, a U.S. cybersecurity official said on Monday.
German driver service Blacklane will IPO in the next three years: CEO
German driver service Blacklane is planning an initial public offering in the next three years, its chief executive Jens Wohitorf told Reuters on Monday.
Cisco revamps its hardware for new Wi-Fi technology
Cisco Systems Inc said on Monday it is rolling out hardware for the next generation of Wi-Fi standards, giving a core part of its $28.2 billion infrastructure business a refresh and in the process aiming to garner more software revenue.
Tesla says may seek alternative financing sources
Tesla Inc said on Monday it could seek alternative financing sources although it expects cash generated from its business would be enough to fund its investments and pay down debt.
ZTE Corp swings to first-quarter profit of 862.6 million yuan
China's ZTE Corp reported on Monday a first-quarter profit of 862.6 million yuan ($128.2 million), as expected, up from 276 million yuan in the preceding three months, as it recovered from last year's U.S. sanctions.
Spotify revenue beats on higher paid subscriber addition, shares rise
Spotify Technology SA reported a better-than-expected rise in first-quarter revenue on Monday as the music streaming company hit 100 million paid subscribers for its premium service, sending its shares up nearly 5 percent.
Bosch signs pact with Sweden's Powercell to mass produce fuel cells
German auto supplier Bosch on Monday said it had reached a licensing agreement with Powercell Sweden AB to jointly mass produce hydrogen fuel cells for electrifying heavy-duty commercial vehicles.
Jaguar Land Rover planning to allow helpful car drivers to earn cryptocurrency
Jaguar Land Rover, Britain's largest auto manufacturer, said on Monday it is testing software that will allow drivers of its cars to earn the IOTA cryptocurrency as a reward for sharing data.
Fly me to the moon: Germany eyes slice of lucrative space market
BERLIN Reuters) - Facing tough competition from China, the United States and even tiny Luxembourg, Germany is racing to draft new laws and attract private investment to secure a slice of an emerging space market that could be worth $1 trillion a year by the 2040s.
Chinese electric car maker BYD's first-quarter profit up 632 percent, sees first-half profit up
Chinese electric vehicle maker BYD Co Ltd, backed by U.S. investor Warren Buffett, reported on Sunday a 632 percent jump in its first-quarter net profit, buoyed by strong demand for its new energy vehicles.
China urges UK not to discriminate against Huawei in 5G development
China on Sunday warned Britain not to discriminate against companies involved in developing the 5G network and to resist pressure from other countries over whether it should work with Huawei Technologies.
Tesla's Musk agrees to new vetting rules for tweets in SEC deal
Tesla Inc Chief Executive Elon Musk has reached a deal with the U.S. Securities and Exchange Commission to settle a dispute over his use of Twitter, agreeing to submit his public statements about the company's finances and other topics to vetting by its legal counsel, according to a court filing on ...
Toyota abandons plan to install U.S connected vehicle tech by 2021
Toyota Motor Corp said on Friday it was halting plans to install Dedicated Short-Range Communications technology on U.S. vehicles aimed at letting cars and trucks communicate with one another to avoid collisions.
Tesla's Elon Musk reaches deal with SEC over Twitter use
Tesla Inc Chief Executive Elon Musk has reached a deal with the U.S. Securities and Exchange Commission to settle a dispute over Musk's use of Twitter, according to a court filing on Friday.
Uber unveils IPO terms that are well below expectations
Uber Technologies Inc, the world's largest ride-hailing company, plans an initial public offering that values the company as much as one-third below what the startup's insiders had hoped for, between $80.5 billion and $91.5 billion.
Ending tough week, Tesla shares sink to lowest in two years
Tesla Inc's stock price slumped 5% on Friday to its lowest in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.
Slack is loss-making but revenue continues to grow, filing shows
The owner of popular workplace instant messaging app Slack made public strong year-on-year growth numbers on Friday, and an annual loss of $140.7 million, as it filed formally for its long-awaited market debut.
Slack is loss-making but revenue continues to grow, IPO filing shows
The owner of popular workplace instant messaging app Slack made public strong year-on-year growth numbers on Friday, and an annual loss of $140.7 million, as it filed formally for its long-awaited market debut.
Toyota halts plan to install U.S. connected vehicle technology by 2021
Toyota Motor Corp said on Friday it was halting plans to install Dedicated Short-Range Communications (DSRC) technology, aimed at letting cars and trucks communicate with one another to avoid collisions, on U.S. vehicles beginning in 2021.
Toyota halts plan to install U.S. connected vehicle tech by 2021
Toyota Motor Corp said on Friday it was halting plans to install Dedicated Short-Range Communications (DSRC) technology, aimed at letting cars and trucks communicate with one another to avoid collisions, on U.S. vehicles beginning in 2021.
Uber unveils IPO terms that temper expectations
Uber Technologies Inc, the world's largest ride-hailing company, plans an initial public offering that values the company lower than the startup's insiders had hoped, between $80.5 billion and $91.5 billion.
Ending tough week, Tesla shares sink to lowest level in two years
Tesla Inc's stock slumped over 5% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.
Ending tough week, Tesla sinks to lowest level in two years
Tesla Inc's stock slumped over 4% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.
Italian PM assures Huawei it won't face discrimination
Italian Prime Minister Giuseppe Conte said on Friday he had assured China's Huawei Technologies that it would not face discrimination in the rollout of Italy's 5G telecoms network.
Chernobyl comes back to life in Ukrainian computer game
A Ukrainian computer game that brings to life a town abandoned after the Chernobyl nuclear disaster may not sound like everyone's idea of fun but has attracted 60,000 people globally since its launch in October.
Slack posts $141 million annual loss as it files to go public
Slack Technologies, operator of the popular workplace instant-messaging app, reported an annual loss of $140.7 million, the company said on Friday ahead of its planned public market debut.
Slack posts $140.7 million loss in FY 2019 as it prepares to go public
Slack Technologies Inc, operator of the popular workplace instant-messaging app, reported a loss of $140.7 million in the fiscal year ended Jan. 31, 2019, the company said on Friday in a regulatory filing ahead of its planned public market debut.