Wirecard lands $1 billion investment from Japan's Softbank

Japan's Softbank Group Corp will buy a 5.6 percent stake in Wirecard for around 900 million euros ($1 billion), the German company said on Wednesday, joining forces in the digital payments sector.

After bodysuit blow, Japan's Zozo embarks on hiring spree to shore up online mall

For Japan's Zozo Inc, a brash online fashion retailer, 2018 marked a turning point, but not in the way that anyone had hoped.

UK to block Huawei from core parts of 5G network: source

Britain will block China's Huawei Technologies from all core parts of the 5G network and access to non-core parts will be restricted, a security source said.

Senior UK lawmaker raises alarm over Britain's Huawei 5G plan

A British plan to block China's Huawei Technologies from all core parts of the 5G network does not alleviate security concerns, a senior British lawmaker said on Wednesday.

Japan's Softbank to buy 5.6 percent of Wirecard for around $1 billion

Japan's Softbank Group Corp will buy a 5.6 percent stake in German payments company Wirecard by acquiring convertible bonds worth around 900 million euros ($1.01 billion), Wirecard said in a statement on Wednesday.

Samsung Elec to invest $9.6 billion annually in logic chips until 2030

Samsung Electronics plans to invest 11 trillion won ($9.57 billion) annually through 2030 in logic chip businesses, including its foundry business, and expects the move to help create 15,000 jobs over the period.

Swiss investment firm, Bitfury launch bitcoin mining fund

Swiss investment firm Final Frontier and global blockchain technology company the Bitfury Group, which was recently valued at $1 billion, on Wednesday announced the launch of a regulated bitcoin mining fund.

Samsung Electronics to invest $9.6 billion annually in logic chips until 2030

Samsung Electronics said on Wednesday that it would invest 11 trillion won ($9.57 billion) annually through 2030 in logic chip businesses, including its foundry business.

Didi-SoftBank taxi-hailing JV expands to 13 cities across Japan

Didi Mobility Japan, a joint venture (JV) by China's Didi Chuxing and SoftBank Corp, said it would expand its taxi-hailing service to 13 cities across Japan.

SoftBank Group looks to buy 5 pct of payment firm Wirecard: Bloomberg

Japan's SoftBank Group Corp is looking to acquire a 5 percent stake in German payments company Wirecard AG, Bloomberg reported on Tuesday, citing people familiar with the matter.

Technology ethics campaigners offer plan to fight 'human downgrading'

Technology firms should do more to connect people in positive ways and steer away from trends that have tended to exploit human weaknesses, ethicists told a meeting of Silicon Valley leaders on Tuesday.

Trump complained to Twitter CEO about lost followers: source

U.S. President Donald Trump met with Twitter Inc's Chief Executive Jack Dorsey on Tuesday and spent a significant time questioning him about why he has lost some Twitter followers, a person briefed on the matter said.

EBay raises forecast as redesign draws customers, boosts ad revenue

EBay Inc raised its full-year sales and profit forecasts on Tuesday, as user-friendly changes to its ecommerce platforms attracted more customers and also increased its advertising revenue.

U.S. congressional leaders query Google on tracking database

The top Democrats and Republicans on the U.S. House Energy and Commerce Committee on Tuesday wrote Google Chief Executive Sundar Pichai raising concerns about reports of a massive database known as Sensorvault containing precise consumer location information on hundreds of millions of devices.

Texas Instruments says slowdown in chip demand may continue; shares fall

Chipmaker Texas Instruments said on Tuesday a slowdown in demand for microchips that started late last year may last a few more quarters. The warning from the company, often seen as a bellwether for a semiconductor industry, dragged its shares 3 percent lower to $113.88.

UK to allow Huawei limited access to 5G networks: Telegraph

Britain will allow China's Huawei Technologies limited access to the next generation of mobile network, known as 5G, the Daily Telegraph reported on Tuesday, without citing sources.

Trump, Twitter CEO chat at White House after fresh attack on social media giant

U.S. President Donald Trump met with Twitter Inc's Chief Executive Jack Dorsey on Tuesday, hours after attacking the social media company over his claims it is biased against conservatives.

U.S. congressional leaders wants Google to answer questions on 'Sensorvault' database

The top Democrats and Republicans on the U.S. House Energy and Commerce Committee on Tuesday wrote Google Chief Executive Sundar Pichai raising concerns about reports of a massive database of precise consumer location information on hundreds of millions of consumers known as "Sensorvault."

Snap restarts user growth with original shows, Android overhaul

Snap Inc's original shows and rebuilt Android app helped it add Snapchat users for the first time in three quarters and beat analyst revenue expectations, but that was not enough to push its shares higher after a sharp run up this year.

EBay's strong quarter, robust forecast send shares 5% higher

EBay Inc beat analysts' quarterly revenue estimates and forecast second-quarter sales largely above expectations on Tuesday, as the company's multi-year effort to make its ecommerce platforms more user friendly attracts more customers.

Softbank Group in talks to buy 5% stake in Wirecard: Bloomberg

Japan's SoftBank Group Corp is looking to acquire a 5 percent stake in German payments company Wirecard AG, Bloomberg reported on Tuesday, citing people familiar with the matter.

Trump met with Twitter chief executive on Tuesday: White House

U.S. President Donald Trump met with Twitter Inc's Chief Executive Jack Dorsey on Tuesday, the White House confirmed, hours after Trump again attacked the social media company.

Texas Instruments revenue, profit beat estimates; shares rise

Chipmaker Texas Instruments reported better-than-expected first-quarter profit and revenue on Tuesday, offering hope that a slowdown in demand for microchips late last year may not be as long-lasting as feared.

Google completes subsea cable to Chile in global cloud push

Alphabet Inc's Google has completed a 10,000-kilometer (6,214-mile) subsea cable linking the coast of California to Chile, a key step in its plans to bolster its global cloud computing infrastructure.

EBay beats quarterly revenue estimates

EBay Inc beat Wall Street estimates for quarterly revenue on Tuesday, as the company's multi-year effort to make its ecommerce platforms more user friendly attracted more customers.

Brazil's Magazine Luiza sells books online in new challenge to Amazon.com

Brazilian retailer Magazine Luiza on Tuesday announced it would start selling physical books online for pickup in its chain comprised of almost 1,000 stores, using its national footprint to compete with traditional booksellers and Amazon.com Inc.

FAA paves way for Alphabet unit to make first U.S. drone deliveries

Alphabet Inc's Wing Aviation unit on Tuesday got the okay to start delivering goods by drone in Virginia later this year, making the sister unit of search engine Google the first company to get U.S. air carrier certification, the Federal Aviation Administration said.

China's Tencent backs Argentina mobile banking startup Uala

Chinese tech giant Tencent Holdings Ltd has invested in Argentine mobile banking service Uala, which also counts George Soros and Point72 Ventures LLC among its investors, the start-up's founder said.

Twitter shares jump, ascribes growth to fight against abuse

Shares in Twitter Inc jumped 13 percent on Tuesday after the social media company reported quarterly revenue above analyst estimates, which executives said was the result of weeding out spam and abusive posts and targeting ads better.

Lyft's IPO banks give troubled stock a flurry of 'buy' ratings

Lyft Inc received some badly needed support on Tuesday, as analysts at banks that had worked on its initial public offering urged clients to buy the ride-hailing company's beleaguered shares.