Indian court refuses to suspend ban order on Chinese app TikTok

An Indian court on Tuesday refused a request by China's Bytedance Technology to suspend a ban on its popular video app TikTok, a lawyer involved in the case said, putting the app's future in one of its key markets in doubt.

Amazon to crunch data for Chilean stargazers amid Latam push

Amazon Web Services, a unit of Amazon.com Inc, said it will help astronomers in Chile crunch huge troves of data using its cloud computing services, a symbolically important step for the retail-to-entertainment giant as it looks to expand in Latin America.

Tianhong, controlled by Jack Ma's Ant Financial, seeks diversification outside China

China's Tianhong Asset Management Co, controlled by Jack Ma's Ant Financial Group, is stepping up the expansion of its cross-border business as regulatory curbs check the growth of its giant Yu'e Bao fund at home, a senior executive said on Tuesday.

Italy's competition watchdog launches probe into five Amazon companies

Italy's antitrust authority said on Tuesday it had launched a probe into five Amazon companies for possible abuse of dominant market position in e-commerce and logistical services. It said the probe had been launched into Amazon Services Europe, Amazon Europe Core, Amazon EU, Amazon Italia Services ...

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India's Wipro misses fourth-quarter profit estimates

Indian software services exporter Wipro Ltd missed analyst estimates for fourth-quarter profit on Tuesday, partly hurt by a rise in expenses and forecast weak growth at its biggest business segment.

India's Wipro fourth-quarter profit rises 38 percent

Indian software services exporter Wipro Ltd on Tuesday

Crypto compliance startup Chainalysis raises funding from MUFG, Sozo Ventures

New York-based cryptocurrency compliance startup Chainalysis has raised $6 million in funding from Japanese financial group Mitsubishi UFJ Financial Group Inc and venture capital firm Sozo Ventures, the company said on Tuesday.

Japan to require crypto exchanges to bolster internal oversight: source

Japan's financial regulator will require cryptocurrency exchanges to strengthen internal oversight of the so-called "cold wallets" used to store digital money, a source with direct knowledge of the matter told Reuters on Tuesday.

Russia: Twitter, Facebook have nine months to comply with data law - Ifax

Twitter and Facebook have nine months to comply with data law by moving Russian user data onto servers in Russia, Interfax cited communications watchdog head Alexander Zharov as saying on Tuesday.

Italy's antitrust authority launches probe into five Amazon companies

Italy's antitrust authority said on Tuesday it had launched a probe into five Amazon companies for possible abuse of dominant market position in e-commerce and logistical services.

Poland to hold off blanket ban on Huawei 5G gear due to cost concerns

Poland is unlikely to exclude all Huawei equipment from its next generation mobile networks, a government minister told Reuters, in part to avoid increased costs for mobile operators.

Huawei says not discussed 5G chipsets with Apple, wins more telco gear contracts

China's Huawei Technologies said on Tuesday it has not held talks with Apple Inc about supplying 5G chipsets, a day after its founder said it was open to selling such chips to the U.S. firm which has yet to unveil dates for a next-gen iPhone.

Foxconn's Gou says may run for Taiwan president, step back from daily business

Foxconn's Chairman Terry Gou said on Tuesday he is considering whether to run for Taiwan's 2020 presidential election, a day after Reuters reported the tycoon planned to step down from the world's largest contract manufacturer.

India's Wipro investigating potential breach of some employee accounts

Indian IT services firm Wipro Ltd said on Tuesday some of its employee accounts may have been hacked due to an advanced phishing campaign and that the company had launched an investigation to contain any potential impact.

Daimler: Mercedes sells more than 600 Maybach models a month in China

Daimler's China chief said sales rose 3 percent in the first quarter, defying an overall downturn in demand in the world's biggest car market, thanks to robust demand for ultra luxury vehicles like the Mercedes S-Class Maybach.

Huawei says not discussed 5G chipsets with Apple: chairman

Huawei Technologies, one of the world's biggest smartphone makers, has not had talks with Apple Inc about supplying it with 5G chipsets, Rotating Chairman Ken Hu said on Tuesday.

Foxconn chairman mulls presidential bid; plans to withdraw from daily ops

Foxconn's Chairman Terry Gou said on Tuesday he is considering whether to run for Taiwan's 2020 presidential election, a day after Reuters reported the tycoon planned to step down from the world's largest contract manufacturer.

Foxconn chairman to withdraw from daily operations, considers presidential run

Terry Gou, the chairman of Taiwan's Foxconn, the world's largest contract manufacturer, plans to withdraw from the daily operations of the company and is considering running for president.

The uphill road: battery limitations to test China's electric vehicle ambitions

It took one 330 kilometer trip from Chongqing to Chengdu in his Nio ES8, a seven-seater all-electric SUV, for its owner Wang Haichun to be consumed with buyer's remorse.

Daimler to launch electric compact SUV in 2021: CEO

Daimler plans to launch an electric compact sport utility vehicle in 2021 which will be called the Mercedes EQB, the German carmaker's CEO said on Tuesday.

Huawei secured 40 5G commercial contracts by end-March

China's Huawei Technologies Co Ltd said on Tuesday it had secured 40 commercial contracts to build and operate fifth-generation (5G) telecommunications infrastructure as at the end of March, up from a previously disclosed tally of more than 30.

Hulu spends $1.43 billion to buy back AT&T stake, values streaming service at $15 billion

Hulu has bought back wireless carrier AT&T Inc's stake in the U.S. entertainment streaming service for $1.43 billion, in a deal that values Hulu at $15 billion, the two companies said on Monday.

Foxconn says Gou will remain chairman, to withdraw from daily operations

Taiwan's Foxconn, an assembler of Apple Inc's iPhones, said Terry Gou will remain chairman of the world's largest contract manufacturer, although he plans to withdraw from daily operations.

Hulu buys back AT&T's 9.5 percent stake for $1.43 billion

Hulu has bought back wireless carrier AT&T Inc's stake in the U.S. entertainment streaming service for $1.43 billion, in a deal that values Hulu at $15 billion, the two companies said on Monday.

Hulu buys back AT&T's stake in $1.43 billion deal

Hulu is buying back wireless carrier AT&T Inc's 9.5 percent stake in the streaming service company in a deal valued at $1.43 billion, the two companies said on Monday.

Experts: Breach at IT Outsourcing Giant Wipro

Indian information technology (IT) outsourcing and consulting giant Wipro Ltd. [NYSE:WIT] is investigating reports that its own IT systems have been hacked and are being used to launch attacks against some of the company’s customers, multiple sources tell KrebsOnSecurity. Wipro has refuse...

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U.S. to press allies to keep Huawei out of 5G in Prague meeting: sources

The United States will push its allies at a meeting in Prague next month to adopt shared security and policy measures that will make it more difficult for China's Huawei to dominate 5G telecommunications networks, according to people familiar with the matter and documents seen by Reuters.

France to ask EU partners to adopt its cryptocurrency regulation

France will push for the European Union to adopt a regulatory framework on cryptocurrencies similar to the one it brought in last week at a national level, becoming the first major country to do so, French Finance Minister Bruno Le Maire said on Monday.

Spotify prompts Nordic pension funds to add private equity to playlists

A vibrant start-up scene, which has spawned stars such as Spotify, Skype and Rovio, is inspiring Nordic pension funds to invest more money with local private equity funds.

Nano Dimension sees sharp growth on increasing demand for 3D printing

Nano Dimension, a pioneer in 3D printers for circuit boards, expects to keep up a steep rate of sales growth while reducing its cash burn as it taps demand from new sectors such as defense and space exploration, the company's leaders said.