Australia's TPG Telecom halts mobile network rollout over Huawei

TPG Telecom Ltd said on Tuesday it decided to cease rollout of its mobile network in Australia after the country's government prohibited the use of Huawei Technologies Co Ltd equipment in 5G networks last year. "A key reason for the selection of the vendor and the design of TPG's network was that th...

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Snap appoints Lara Sweet as interim CFO

Snap Inc on Monday named its Chief Accounting Officer Lara Sweet as interim chief financial officer and said it has begun a search for a permanent CFO.

Australia's TPG Telecom stops mobile network rollout over Huawei

TPG Telecom Ltd said on Tuesday it has decided to cease the rollout of its mobile network in Australia after the country's government prohibited the use of Huawei equipment in 5G networks last year.

U.S. charges China's Huawei with bank fraud, stealing trade secrets

The United States on Monday charged China's Huawei Technologies Co Ltd, its chief financial officer and two affiliates with bank and wire fraud to violate sanctions against Iran in a case that has added to tensions with Beijing.

U.S. unseals indictments against China's Huawei and CFO Meng Wanzhou

The U.S. Justice Department unsealed two indictments on Monday against China's Huawei Technologies Co Ltd, several of its subsidiaries and its chief financial officer Meng Wanzhou, in a pair of cases accusing the company of everything from bank and wire fraud to obstructing justice and conspiring to...

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Whirlpool full-year profit forecast disappoints, shares fall

U.S. home appliances maker Whirlpool Corp's forecast full-year adjusted profit below analysts' expectations, citing a higher tax rate, costs and a strong dollar, sending its shares down nearly 7 percent after the bell on Monday.

Intel plans to invest $11 billion in new Israeli chip plant: report

U.S. chipmaker Intel plans to spend 40 billion shekels ($10.89 billion) to build a new manufacturing plant in Israel and has asked the Israeli government for a grant amounting to 10 percent of the amount, a local news website reported on Monday.

Exclusive: Snapchat weighs what was once unthinkable - permanent snaps

Snap Inc is considering changes to its Snapchat app, known for disappearing photos and videos, that could make users' public posts longer lasting or even permanent, people familiar with the matter said.

Canada foreign minister says ex-envoy's Huawei comments made job untenable

Canadian Foreign Minister Chrystia Freeland said on Monday that Canada's former ambassador to China had been fired because his comments on an extradition case involving an executive of telecommunications firm Huawei had made it untenable for him to stay in the job.

U.S. to announce criminal charges related to China's Huawei: sources

The U.S. Justice Department is expected to announce criminal charges related to Chinese telecommunications firm Huawei Technologies Co Ltd on Monday, four sources told Reuters.

Canada foreign minister says former envoy's Huawei comments made job untenable

Canadian Foreign Minister Chrystia Freeland said on Monday that former ambassador to China John McCallum's comments on a Huawei Technologies executive's high-profile extradition case had made it untenable for him to stay in the job.

Facebook plans content oversight board, tightens paid ad rules

Facebook Inc on Monday laid out plans for an independent content oversight board with the power to overturn company decisions on user posts, aimed at addressing concerns over misinformation and abusive behavior on the platform.

TSMC says chemical defect hurts production

Taiwan Semiconductor Manufacturing Co Ltd, contract chipmaker for Apple Inc and Qualcomm, said on Monday a defect of chemical used in manufacturing chips hit production at one of its factories.

Saudi Arabia's PIF slashes exposure to Tesla: FT

Saudi Arabia's Public Investment Fund has slashed its exposure to Tesla Inc, the Financial Times reported on Monday, citing people with direct knowledge of the matter, sending the electric car maker's shares down 2.2 percent in mid-day trading.

Europe must act as one on Huawei, says French minister

Europe must act as one on Huawei, French European Affairs Minister Nathalie Loiseau said on Monday, addressing security issues in relation to China.

Facebook lays out structure of content oversight board

Facebook Inc said on Monday an external board that is being formed for appealing decisions related to user content will be able to reverse company's decisions on whether to allow or remove user posts.

Apple says spent $60 billion with U.S. suppliers in 2018

Apple Inc said on Monday it spent $60 billion with 9,000 U.S. component suppliers and companies in 2018, an increase of more than 10 percent from the year earlier.

China's Didi sets up joint ventures with BAIC unit, Volkswagen

China's Didi Chuxing has set up joint ventures with a unit of Chinese carmaker BAIC and Germany's Volkswagen as part of the ride hailing giant's goal to ultimately develop purpose-built cars for its services.

Tesla seen forecasting first-quarter loss after Musk warning

Wall Street analysts expect Tesla Inc to forecast a loss for the first quarter when it reports results on Wednesday, having changed their expectations for a profit after Chief Executive Officer Elon Musk warned of a "very difficult" road ahead.

Nvidia cuts fourth-quarter revenue estimate on weak China demand; shares sink

Nvidia Corp on Monday cut its fourth-quarter revenue estimate by half a billion dollars due to weak demand for its gaming chips in China and lower-than-expected datacenter sales, sending its shares sliding 13 percent.

Snapdeal backs India's e-commerce curbs, assures compliance

Even as India's new e-commerce curbs sting global giants Amazon.com Inc and Walmart-owned Flipkart, their local rival Snapdeal is cheering the move.

Dropbox to buy electronic signature firm HelloSign for $230 million

Data sharing and storage company Dropbox Inc said on Monday it would buy electronic signature company HelloSign for $230 million in cash, which will expand its portfolio of workflow-related products.

Volvo's self-driving car venture gets nod to test on Swedish roads

A Volvo Cars joint venture has won approval to begin hands-free testing of its software for self-driving cars on Swedish highways, partner Veoneer said on Monday.

Russia to check P&G's compliance with local data laws

Russia's communications watchdog is carrying out checks to establish whether U.S. consumer goods group Procter & Gamble and Burger King are complying with local data laws, a spokesman for the watchdog said on Monday.

Facebook tightens paid ads rules ahead of EU elections

Facebook said on Monday it will beef up its rules and safeguards around political adverts to prevent foreign interference in elections, including those in Europe this year.

Spike Inc clinches supersonic jet orders, close to picking engine

Spike Aerospace Inc has signed up its first orders and is close to selecting an engine for the $125 million supersonic business jet it is developing, its president said on Monday.

U.S. citizen leaks data on thousands in Singapore with HIV, government says

An HIV-positive American has leaked online the names of 14,200 Singaporeans and foreigners also diagnosed in the city-state with the human immunodeficiency virus, the Health Ministry said on Monday.

Chipmaker Xilinx's 5G orders kick off race to cash in on new networks

Amid a bleak earnings season for semiconductor companies as China's economy slows, Xilinx Inc provided a bright spot for the sector: Revenue growth driven by the early phases of 5G wireless data networks, earlier and sharper than analysts had expected.

EU agency says Iran likely to step up cyber espionage

Iran is likely to expand its cyber espionage activities as its relations with Western powers worsen, the European Union digital security agency said on Monday.

Madrid taxis block major road in biggest anti-Uber protest yet

Hundreds of taxis blocked a central traffic artery in Madrid during Monday's morning rush hour, in their biggest show of strength yet as a protest seeking tighter regulation of Uber and other ride-hailing services entered its second week.