U.S. SEC seeks permission to reply to Musk in Tesla case

The U.S. Securities and Exchange Commission on Tuesday asked a judge for permission to respond to arguments by Tesla Inc Chief Executive Elon Musk that his recent tweet about the electric vehicle maker’s production volume did not violate his fraud settlement with the regulator and that he cann...

Continue reading

Xerox - yes, Xerox - leads 2019 gains in S&P tech index

** Xerox Corp is leading the S&P 500 information technology index so far in 2019, boasting a gain of 57.4 pct as the printer maker plans to restructure

Wirecard puts accounting manager on leave until probe ends: CEO

Wirecard has suspended an accounting employee in Singapore until an investigation into allegations of fraud and creative accounting is over, the company's chief executive told Reuters on Tuesday.

OECD seeing less corporate opposition to digital era tax revamp

A global effort to revamp international tax rules for the digital era is receiving less corporate push-back than past attempts, the OECD's head of tax policy said on Tuesday.

Uber to pay $20 million to settle long-running legal battle with drivers

Uber Technologies Inc has agreed to pay $20 million to settle a lawsuit brought by drivers nearly six years ago, according to court filings, resolving one of its many legal battles with drivers ahead of a hotly anticipated initial public offering this year.

U.S. sees unilateral taxes on web giants as 'discriminatory': Treasury official

The United States thinks a French plan for a tax specifically targeting digital companies would be discriminatory against its businesses, a senior U.S. Treasury official said on Tuesday.

Germany asserts independence after U.S. warning on Huawei

Germany will define its own security standards for a new 5G mobile network, Chancellor Angela Merkel said on Tuesday, after Washington said it would scale back data-sharing with Berlin if China's Huawei was allowed to participate.

Toyota, Japan space agency join forces to develop moon rover

Toyota Motor Corp, one of the world's largest automakers, and Japan's space agency said on Tuesday they had agreed to cooperate in developing a manned lunar rover that runs on fuel cell technologies.

Germany will set own security standards, Merkel says after U.S. warning on Huawei

Germany will define its own security standards for a new 5G mobile network, Chancellor Angela Merkel said on Tuesday, when asked about Washington's warning that it would scale back data-sharing with Berlin if China's Huawei was allowed to participate.

Merkel ally sees justified security concerns in Huawei case

Germany shares U.S. concerns about giving China's Huawei a role in a next-generation mobile network, but will make an independent decision on how to safeguard its security, the country's transatlantic policy coordinator said on Tuesday.

Verizon restores text service after East Coast outage

Verizon Communications Inc said on Tuesday it had fixed the issue that caused a widespread text outage on the East Coast of the United States for a few hours.

Huawei criticizes U.S. pressure on Berlin over 5G tech

China's Huawei on Tuesday criticized the United States for warning Berlin that it could scale back intelligence cooperation with Germany if it allows Huawei to participate in construction of a next-generation mobile network.

Huawei Italia CEO says no impact yet from U.S. dispute but clients concerned

The Italian arm of China's Huawei sees no impact yet in the country from an ongoing dispute with the United States, Chief Executive Thomas Miao said on Tuesday

Software firm Cloudflare raises $150 million

Cloudflare Inc, a U.S. startup whose software makes websites more secure and load faster, said on Tuesday it had raised $150 million in the latest funding round, led by global investment firm Franklin Templeton.

Vizio wants next-generation smart TVs to target ads to households

Smart TV manufacturer Vizio has formed a partnership with nine media and advertising companies to develop an industry standard that will allow smart TVs to target advertisements to specific households, the companies said Tuesday.

Volkswagen CEO says he has not considered taking a minority stake in Waymo

Volkswagen has not considered taking a minority investment in Google's autonomous cars project Waymo, Chief Executive Herbert Diess said on Tuesday, adding that talks about developing self-driving cars with Ford continue.

Foxconn rejects Microsoft patent lawsuit, says never had to pay royalties

Taiwan's Foxconn on Tuesday responded to a patent infringement lawsuit filed against it by Microsoft Corp , saying as a contract manufacturer, it has never needed to pay royalties for the U.S. giant's software.

Siemens files most European patents in 2018, surpassing Huawei

German industrial group Siemens filed the most patent applications in Europe last year, pushing China's Huawei [HWT.UL] into second place, the European Patent Office said on Tuesday.

News Corp's Australian arm calls for Google breakup

The Australian arm of Rupert Murdoch's News Corp called for an enforced break-up of Alphabet Inc's Google Inc, acknowledging the measure would involve global coordination but calling it necessary to preserve advertising and the news media.

Taiwan's Foxconn says unlikely to suffer loss from Microsoft lawsuit

Foxconn does not expect to suffer any loss as a result of a lawsuit filed by Microsoft Corp, the chief executive of the Taiwanese company, Terry Gou, said on Tuesday.

Elon Musk shoots down U.S. regulator's complaint about his Tesla tweet

SAN FRANCISCO - Tesla Inc Chief Executive Elon Musk shot back against U.S. securities regulators on Monday, arguing in a filing that his recent tweet about the electric vehicle maker's production volume did not violate his fraud settlement and he cannot be held in contempt.

Elon Musk's lawyers shoot down SEC filing against Tesla CEO

Tesla Inc Chief Executive Elon Musk shot back against U.S. securities regulators on Monday, arguing in a filing that his recent tweet about the electric vehicle maker's production volume did not violate his fraud settlement and he cannot be held in contempt.

Berners-Lee says World Wide Web, at 30, must emerge from 'adolescence'

The fraying World Wide Web needs to rediscover its strengths and grow into maturity, its designer Tim Berners-Lee said on Monday, marking the 30th anniversary of the collaborative software project his supervisor initially dubbed "vague but exciting".

Google Cloud hires another Oracle veteran for top role

Alphabet Inc's Google Cloud has hired Amit Zavery to lead one of its engineering teams, a company spokeswoman confirmed on Monday, making him the highest-ranking Oracle executive to reunite with former Oracle President Thomas Kurian since he became Google Cloud's chief executive.

GM's Cruise unit to double headcount

General Motors Co said on Monday its self-driving car subsidiary, Cruise, plans to hire 1,000 more people over the next nine months, as the No.1 U.S. carmaker aims to launch a robotaxi service by the end of 2019.

Amazon lifts restriction on sellers criticized as anti-competitive: source

Amazon.com has decided to stop telling third-party sellers on its platform that they cannot offer lower prices on competing websites, a source said on Monday.

Amazon domain battle rages on as internet overseer postpones decision

Brazil on Monday thanked the global body that oversees Internet addresses for extending until April a deadline for Amazon basin nations to reach a deal with Amazon.com Inc in their seven-year battle over the .amazon domain name.

Alphabet's Waymo seeks outside investors: The Information

Alphabet Inc's self-driving car division, Waymo, has been seeking financing from outside investors such as European automakers Volkswagen AG, The Information reported on Monday, citing a person with direct knowledge of the situation.

Apple says 'it's show time' March 25; TV service announcement expected

Apple Inc on Monday invited media to a March 25 event at the Steve Jobs Theater on its campus in Cupertino, California, where it is expected to launch a television and video service.

Nvidia outbids Intel to buy Israel's Mellanox in data centre push

U.S. chip supplier Nvidia Corp has agreed to buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion, beating rival Intel Corp in a deal that would help the firm boost its data centre and artificial intelligence business.