U.S. warns European allies against Chinese gear for 5G networks

The United States sees the European Union as its top priority to convince allies not to buy Huawei Technologies Co. equipment for next-generation mobile networks, a U.S. State Department Official said on Tuesday.

Czech cyber chief expects Huawei, ZTE to be excluded from more tenders

Huawei and ZTE will be left out of more state tenders after the tax authority excluded them, the head of the Czech cyber watchdog, which issued a recent security warning about the Chinese technology firms, said on Tuesday.

Weak iPhone demand prompts AMS to suspend dividend, avoid full-year outlook

AMS, which supplies Apple with sensors for its Face ID technology, disappointed investors with a 58 percent decline in fourth quarter core profit, its guidance and the suspension of a dividend payment for 2018.

Amazon grocery service slowly returns in India after e-commerce disruption

Amazon.com Inc's grocery service is slowly returning on its India website after the online retail giant faced disruption from revised e-commerce curbs which kicked in on Feb. 1.

Apple supplier Lumentum's forecast hit by weak smartphone market

Lumentum Holdings Inc, which supplies sensors for Apple's FaceId feature, forecast third-quarter revenue below analysts' estimates hurt by slowing demand for smartphones in China.

Renault-Nissan alliance, Google to partner on self-driving cars - Nikkei

The Renault-Nissan-Mitsubishi alliance will tie up with Alphabet Inc's Google to develop autonomous taxis and other services using self-driving vehicles, the Nikkei reported on Tuesday.

China's CATL, Honda plan to co-operate on EV battery development

Contemporary Amperex Technology Ltd and Honda Motor have signed an agreement to co-operate on jointly developing lithium ion batteries for electric vehicles, as China's top EV battery maker expands its tie-ups with Japanese automakers.

German minister: Clear rules apply to all providers in building 5G network

German Economy Minister Peter Altmaier said on Tuesday that only secure technology could be installed to build Germany's 5G network, adding that clear rules applied to all providers.

Abu Dhabi's Mubadala sells 34.9 million shares in U.S. chipmaker AMD

Abu Dhabi's Mubadala Investment Co has sold 34.9 million common equity shares in Advanced Micro Devices (AMD), a company spokesperson said on Tuesday, and plans to convert 75 million warrants in the U.S chipmaker.

Facebook targets 'dangerous' armed groups in latest Myanmar bans

Facebook has banned four insurgent groups fighting against Myanmar's military from its social network, the company said on Tuesday, saying it wanted to prevent offline harm by removing groups it branded "dangerous organisations".

Weak smartphone demand prompts AMS to suspend dividend, avoid mid-term guidance

Sensor specialist AMS, which supplies Apple with components for its face recognition technology, warned that sales in the first quarter could be more than 20 percent lower than last year as it expects smartphone demand to remain weak.

Apple agrees to pay back-taxes to French authorities

U.S. technology giant Apple said it had reached a deal with France to pay an undeclared amount of back-dated tax, with French media putting the sum at around 500 million euros ($571 million).

SoftBank Corp books quarterly profit jump, points to 5G-driven growth

Japan's SoftBank Corp booked a 24 percent rise in quarterly profit on Tuesday as users switched to data-heavy plans, pinning future growth on the rise of 5G services in the mobile carrier's first earnings report as a public company.

Apple supplier AMS sees weak first quarter, skips dividend

Sensor specialist AMS expects revenue in the first quarter of 2019 to fall to $350-390 million amid continued weak smartphone demand and "characteristic first-quarter consumer market seasonality", it said on Tuesday.

Merkel sets out condition for Huawei's participation in 5G network

German Chancellor Angela Merkel said on Tuesday Germany needs guarantees that China's Huawei Technologies will not hand over data to the Chinese state before the telecoms equipment supplier can participate in building its 5G network.

SoftBank Corp books quarterly profit jump, driven by heavy data users

SoftBank Corp, Japan's third-largest mobile phone network provider, said on Tuesday operating profit rose 24 percent in its third quarter as users switched to data-heavy plans, in its first earnings report as a public company.

SoftBank Corp says third-quarter profit rose 24 percent in first post-IPO earnings

SoftBank Corp, Japan's third-largest mobile phone network provider, said on Tuesday operating profit rose 24 percent in its third quarter on growing wireless sales, in its first earnings report as a public company.

Panasonic shares plunge after profit warning, Tesla's Maxwell deal

Shares of Panasonic Corp fell more than 6 percent on Tuesday after the Japanese electronics company reported disappointing quarterly results and cut its full-year outlook.

Millions in cryptocurrencies frozen after Canadian founder's death

About C$180 million ($137.21 million) in cryptocurrencies have been frozen in the user accounts of Canadian digital platform Quadriga after the founder, the only person with the password to gain access, died suddenly in December.

Alphabet's higher spending worries investors, shares dip

Alphabet Inc reported sharply higher fourth-quarter spending on video content, employees and facilities, worrying investors who sent the tech company's shares down about 3 percent after hours on Monday.

T-Mobile pledges three-year price clampdown if merger is approved

T-Mobile US Inc told the U.S. Federal Communications Commission on Monday it would not increase prices for three years, with few exceptions, if it gets approval to buy rival Sprint Corp for $26 billion.

SoftBank Corp rings up cost of turbulent year-end at first post-IPO earnings

Japan's SoftBank Corp will be under pressure to outline growth plans when it reports its first earnings as a public company on Tuesday, as concerns over a changing mobile market keep its shares well below their blockbuster IPO price.

U.S. judge lets most emissions claims against Daimler proceed

A federal judge allowed most claims against Daimler AG to move forward in a 2016 lawsuit by vehicle owners that claims the German automaker's Mercedes diesel vehicles used illegal software to emit excess emissions.

China says it is not a threat to Norway, denies cyber espionage

A Norwegian intelligence assessment that China posed a threat to the Nordic country's security by seeking to steal its secrets was "ridiculous", the Chinese Embassy said on Monday as Norway mulled the future status of China's Huawei Technologies.

Alphabet beats Wall Street estimates, but spending worries investors

Alphabet Inc's fourth-quarter revenue and profit beat Wall Street's expectations on Monday but sharply higher spending, as it added data centers, cloud engineers and marketed its services heavily during the holidays, worried investors.

Alphabet fourth-quarter revenue, profit beat estimates

Alphabet Inc beat Wall Street estimates for fourth-quarter revenue and profit on Monday, as advertisers spent more on its Google search and YouTube services during the busy holiday shopping period.

Apple briefly regains title as most valuable U.S. company

Apple very briefly retook its title as the most valuable publicly listed U.S. company on Monday, beating out Microsoft and Amazon.com, while Alphabet was close behind the trio as it prepared to report its quarterly results.

Crooks Continue to Exploit GoDaddy Hole

Godaddy.com, the world’s largest domain name registrar, recently addressed an authentication weakness that cybercriminals were using to blast out spam through legitimate, dormant domains. But several more recent malware spam campaigns suggest GoDaddy’s fix hasn’t gone far enough, a...

Continue reading

Slack makes confidential filing to go public

Slack Technologies Inc said on Monday it had confidentially applied with the U.S. Securities and Exchange Commission to list shares publicly, moving business messaging service a step closer to going public in what is expected to be a high-profile year for initial public offerings.

Slack confidentially files for IPO

Business messaging service Slack Technologies Inc said on Monday it had confidentially applied for an initial public offering with the U.S. Securities and Exchange Commission (SEC).