Huawei founder says will not share data with China: CBS News

Huawei Technologies Co Ltd's founder and chief executive pledged not to share any customer information with the Chinese government and said the company had never done so, in an interview with CBS News that aired on Tuesday.

German government unlikely to make quick decision on Huawei: source

The German government will probably not take a quick decision on whether to allow China's Huawei to build Germany's 5G network, a government source said on Tuesday.

Qualcomm launches new chip to power 5G smart phones

Qualcomm Inc on Tuesday introduced its second-generation of so-called modem chips to connect phones to 5G networks, speeding up the race around faster wireless data connections expected to begin rolling out later this year.

Amazon's Chinese unit in merger talks with NetEase's Kaola: report

Amazon.com Inc's Chinese joint venture is in talks for a merger with local e-commerce firm Kaola, which sells imported products in the Asian country, business magazine Caijing reported on Tuesday.

Alibaba boosts stake in investment bank CICC for $231 million

China's e-commerce giant Alibaba Group Holding Ltd has raised its stake in top domestic investment bank China International Capital Corp's Hong Kong-listed shares to nearly 12 percent, an exchange disclosure showed on Monday.

Twitter launches political ad tracking tools in Europe ahead of key EU polls

Twitter on Tuesday rolled out tools in Europe which will make it easier for voters to identify political campaign ads tied to crucial European Parliament elections in May amidst fears of Russian disinformation campaigns and threats of regulatory action.

China's JD.com to lay off 10 percent of senior executives this year: report

JD.com Inc, one of China's largest e-commerce sites, will lay off 10 percent of its senior executives this year, Chinese online media outlet Sina Tech reported on Tuesday, citing unnamed sources.

Chinese government doesn't get involved in Huawei's business: German boss

The head of China's Huawei Technologies in Germany told a German newspaper that the Chinese government does not get involved in the company's business, adding the firm would work on being open and transparent in the debate about security of mobile networks.

Mexico pushes mobile payments to help unbanked consumers ditch cash

Mexico's new leftist government is betting on financial technology to help lift people out of poverty.

Macquarie backs drone map, electric-vehicle businesses

Macquarie Group, the world's largest manager of infrastructure assets, has seeded money in a map system for drones and an electric-vehicle sharing business, it said on Monday.

Huawei founder says Huawei CFO arrest was politically motivated: BBC

Huawei founder Ren Zhengfei said on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng Wanzhou, was politically motivated.

Huawei founder says Huawei CFO arrest was politically motivated: BBC

Huawei founder Ren Zhengfei told the BBC on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng Wanzhou, was politically motivated.

Germany bans Wirecard 'shorting' as prosecutors probe FT journalist

Germany's financial watchdog has banned "short" selling of Wirecard shares due to volatility in the payments firm's stock following reports in the Financial Times which are now the subject of an investigation by German authorities.

A Deep Dive on the Recent Widespread DNS Hijacking Attacks

The U.S. government — along with a number of leading security companies — recently warned about a series of highly complex and widespread attacks that allowed suspected Iranian hackers to siphon huge volumes of email passwords and other sensitive data from multiple governments and privat...

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Germany consults industry about blockchain potential

Germany has opened a consultation process on how to tap into the potential of blockchain technology ahead of presenting a strategy by the summer, government sources said on Monday.

Uber agrees to pay VAT in Egypt: tax chief

Uber has agreed to pay value-added tax on its services in Egypt, Egyptian officials said on Monday, a move that may help resolve a long-simmering feud with traditional taxi drivers.

Britain does not support total Huawei network ban: sources

British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations the Chinese firm and its products could be used by Beijing for spying, people with knowledge of the matter said.

Britain's FT says allegations over Wirecard reporting are false

Britain's Financial Times rejected as "baseless and false" any allegations accusing the newspaper or its reporters of market manipulation or unethical reporting in relation to German payments company Wirecard.

Facebook broke rules, should be regulated: UK lawmakers

Facebook intentionally breached data privacy and competition law and should, along with other big tech companies, be subject to a new regulator to protect democracy and citizens' rights, British lawmakers said on Monday.

Germany's Bafin bans Wirecard 'short' positions over volatility

Germany's financial watchdog has banned "short" selling of Wirecard shares after reports in the Financial Times sparked recent volatility in the payments firm's stock.

Britain's 5G network security review ongoing: PM May's spokesman

Britain's review of its 5G network resilience is still ongoing, a spokesman for Prime Minister Theresa May said on Monday after the Financial Times reported that security chiefs had concluded they could manage any risks arising from Huawei's involvement.

Alibaba is the force behind hit Chinese Communist Party app: sources

A Chinese government propaganda app that recently became a huge hit was developed by Alibaba, two people at the company told Reuters, at a time when the nation's tech firms are under global scrutiny over their ties to Beijing.

German prosecutor probing FT journalist over Wirecard: report

German authorities have opened an investigation into a Financial Times journalist over reports about German payments firm Wirecard, Frankfurter Allgemeine Zeitung said.

Germany's Bafin bans Wirecard short positions after negative reports

Germany's financial watchdog has taken the unprecedented step of banning short selling in shares of payments firm Wirecard, a member of the blue-chip DAX index, after reports in the Financial Times sparked high volatility in the stock over recent weeks.

Facebook says it is 'open to meaningful regulation'

Facebook is "open to meaningful regulation", it said on Monday after British lawmakers said that big technology companies should be subject to a compulsory code of ethics to tackle the spread of fake news and abuse of users' data.

SoftBank invests in Mubadala's new $400 million European tech fund: source

Japan's SoftBank Group has provided nearly half of the cash for Abu Dhabi's state investor Mubadala Investment Co's new $400 million fund investing in European start-ups, a source familiar with the matter said.

New Zealand will conduct own assessment of Huawei equipment risk: PM

New Zealand will independently assess the risk of using China's Huawei Technologies in 5G networks, Prime Minister Jacinda Ardern said on Monday after a report suggested that British precautions could be used by other nations.

Germany's Bafin bans Wirecard short positions, cites negative reports

Germany's financial watchdog Bafin on Monday issued a ban against establishing or increasing short positions in Wirecard AG stock, citing market uncertainties due to the German payments company's weak share performance.

SoftBank invests in Mubadala's new $400 million European tech fund: FT

Japan's SoftBank Group has provided nearly half the cash for the new $400 million fund by Abu Dhabi's state-owned Mubadala Investment Co that aims to back European start-ups, the Financial Times reported on Monday.

Facebook needs independent ethical oversight: UK lawmakers

Facebook and other big tech companies should be subject to a compulsory code of ethics to tackle the spread of fake news, the abuse of users' data and the bullying of smaller firms, British lawmakers said on Monday.