President Donald Trump said Friday the United States should not nationalize its 5G network and said private companies should move quickly to deploy the faster next-generation network.
U.S. FCC to auction additional 5G spectrum, boost rural internet
Federal Communications Commission Chairman Ajit Pai said on Friday the agency plans to hold its third 5G spectrum auction on Dec. 10, the latest effort to make more spectrum available for higher-speed service that could transform significant sectors of the U.S. economy.
Trump says he does not want government to lead 5G effort
U.S. President Donald Trump said on Friday that he does not want government to lead the effort to deploy next-generation 5G wireless networks.
California proposes steps to allow small self-driving delivery trucks on roads
California regulators on Friday proposed regulations that would allow vehicle manufacturers to test or deploy small self-driving delivery trucks on public roads, the state's Department of Motor Vehicles (DMV) said in a statement.
EU copyright revamp targeting Google, Facebook set for approval on Monday
EU countries are set to agree an overhaul of the bloc's two-decade old copyright rules next week, requiring Google to pay publishers for news snippets and Facebook to filter out protected content, despite increasing opposition from some governments.
Financial technology at banks, insurers could inadvertently discriminate: N.Y. regulator
The new chief of New York State’s financial services regulator on Friday said she is concerned that the complex technology used by banks and insurers to make business decisions could inadvertently discriminate against some consumers.
Disney hits record on streaming plans; Netflix slips
Shares of Walt Disney Co touched an all-time high on Friday after Wall Street analysts said the aggressive pricing of its new video streaming service could help it better compete with Netflix Inc.
New chief of N.Y. regulator to zero in on the impact of technology on finance
The new chief of New York State’s financial services regulator on Friday said she is concerned that the complex technology used by banks and insurers to make business decisions could inadvertently discriminate against some consumers.
China warns Australia at WTO about 5G restriction
China warned Australia at the World Trade Organization on Friday that Australia's restriction on Chinese 5G telecoms technology was "obviously discriminative" and appeared to break global trade rules, according to a transcript seen by Reuters.
Backstory: Three cameras, two ladders - snapping Tesla's Elon Musk at court
(Backstory is a series of reports showing how Reuters journalists work and the standards under which they operate)
FCC to auction additional 5G spectrum, boost rural internet
Federal Communications Commission Chairman Ajit Pai said on Friday the FCC intends to start the agency's third 5G spectrum auction on Dec. 10, the latest effort to make more spectrum available for faster-speed service that could transform significant sectors of the U.S. economy.
Dutch PM Rutte: no decisions yet on Chinese role in 5G roll out
Dutch Prime Minister Mark Rutte on Friday said his government is exploring how to design the construction of a 5G telecoms network, but has no opinion yet on the possible role of Chinese technology companies in this.
Russia finds Facebook failed to provide information on data-agencies
A Russian court fined Facebook on Friday for failing to tell authorities where it stores Russian user data, Russian news agency reported, a ruling that highlights wrangling between tech giants and Russia as it ramps up Internet controls.
Chinese group to get control of Japan Display after $2.1 billion bailout
A Chinese-Taiwanese group will take control of Apple Inc supplier Japan Display after pumping in funds as part of a 232 billion yen ($2.1 billion) bailout plan for the troubled display panel maker.
Alibaba founder defends overtime work culture as 'huge blessing'
Alibaba Group founder and billionaire Jack Ma has defended the grueling overtime work culture at many of China's tech companies, calling it a "huge blessing" for young workers.
U.S. Senator Warner eyes social media bills for hate speech, data portability
U.S. Senator Mark Warner, who co-sponsored legislation this week to ban deceptive practices by social media companies, said on Thursday he was eyeing additional bills aimed at limiting hate speech and allowing users to move their data across platforms.
Japan Display to come under Chinese group's control after $2.1 billion bailout
Apple Inc supplier Japan Display said on Friday it has signed a long-awaited deal under which it will receive a 232 billion yen ($2.1 billion) bailout that will give a Chinese-Taiwanese group a near-majority stake in the firm.
Furor over 'black hole' photo forces China's largest image provider to shut
China's largest stock images provider, Visual China Group, shut its website and apologized on Friday after it falsely claimed copyright of images such as the first photo of a black hole and China's national flag.
China's Ant Financial amasses 50 million users, mostly low-income, in new health plan
A mutual health aid plan launched by Ant Financial Services Group, the dominant fintech player in China, has amassed more than 50 million users and is aiming for 300 million within two years, the company said late on Thursday.
Uber filing lists revenue gains, struggles of food business
Uber Technologies Inc's restaurant delivery business has grown revenue to $1.5 billion in just three years, the company disclosed in its IPO filing on Thursday, dwarfing the revenue of its profitable, and already public, rival Grubhub Inc.
Tesla begins offering leases for Model 3
Tesla Inc on Thursday started leasing out its Model 3 sedan in the United States, in a financing option that would increase the electric car maker's customer base.
Disney unveils price, launch date for big streaming push
Walt Disney Co priced its highly anticipated streaming video service below Netflix in an aggressive move to challenge the dominant streaming service and entice families to buy yet another monthly subscription.
SoftBank picking its battles with U.S. national security committee
SoftBank Group Corp has agreed to give up board seats and access to sensitive information, take a more passive role in startups and make other concessions to get government clearance for its technology deals, as the Japanese investor confronts a new U.S. law aimed at cracking down on foreign investo...
Disney sees ESPN+ reaching up to 12 million subscribers by 2024
ESPN+, Walt Disney Co's sports video streaming service, could attract between 8 million and 12 million paying subscribers by the end of the fiscal 2024 year, the company said on Thursday.
Marvel, monsters and 'Mandalorian' coming to Disney+ app
Walt Disney Co unveiled new details on Thursday about Disney+, a family-friendly digital video subscription that is set to debut later this year and compete with Netflix Inc.
Amazon Japan raises Prime membership fee for first time in 11 years
Amazon.com Inc's Japanese unit raised the membership fee for its Prime service by 26 percent on Friday, the first such hike since it was launched in the country 11 years ago.
China's largest stock image provider shuts website after criticism
Visual China Group, China's largest stock images provider, on Friday shut its website to make changes and apologized after it was criticized online and by regulators for selling images which it did not hold the ownership rights to.
Factbox: SoftBank's transportation bets
In addition investing more than $25 billion in Didi, Uber, Ola, Grab and Cruise, SoftBank Group Corp and its investment arms have poured another $5 billion into eight companies involved in some aspect of transportation.
Inside SoftBank's push to rule the road
SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc turn into more than $13 billion when the company goes public next month.
Elon Musk's SpaceX sends world's most powerful rocket on first commercial flight
The most powerful operational rocket in the world, SpaceX’s Falcon Heavy, launched its first commercial mission on Thursday from Florida in a key demonstration for billionaire entrepreneur Elon Musk's space company in the race to grasp lucrative military launch contracts.