Starboard, Elliott tell eBay to sell assets, restructure

Hedge funds Elliott Management and Starboard Value have taken stakes in eBay Inc and urged changes at the e-commerce platform including the sale of some of its businesses, which could release billions of dollars in capital.

Papal Swiss Guard keep cool heads with 3-D helmets

The Vatican's Swiss Guard, the colorfully dressed mini-army that helps protect the pope, will have cooler heads now they have swapped their ancient metal helmets for ones made by 3-D printers.

Keep humans in good jobs in the robot era, ILO commission urges

Governments must ensure the global economy keeps providing decent jobs - and not just for robots, a global commission set up by the International Labour Organization said on Tuesday.

Huawei to seek swift resolution for detained executive

China's Huawei Technologies will call for a quick resolution of the case regarding its detained executive in Canada who is accused of violating U.S. sanctions on Iran, the company's chairman, Liang Hua, said on Tuesday.

Elliott urges eBay to restructure business to double market value

EBay Inc shareholder Elliott Management Corp on Tuesday urged the e-commerce platform to restructure its business and sell some businesses to double its market value in the next two years.

Israeli deep-learning startup Hailo raises $21 million

Israeli startup Hailo, which developed a microprocessor for deep learning, said on Tuesday it has expanded its early-stage funding round to $21 million.

Huawei chairman says will seek swift resolution of detained executive

China's Huawei Technologies will call for a quick resolution of the case regarding its detained executive in Canada who is accused of violating U.S. sanctions on Iran, the company's chairman, Liang Hua, said on Tuesday.

TomTom at a crossroads after $1 billion sale of Telematics unit

TomTom will remain independent and grow its core digital maps business, its CEO said on Tuesday after the company agreed to sell its fleet management business to Japan's Bridgestone for 910 million euros ($1 billion).

LSE's technology to power Asian cryptocurrency platform

London Stock Exchange Group said on Tuesday Hong Kong-based AAX would use its technology for cryptocurrency trading, allowing the British exchange operator enter a nascent yet highly speculative industry.

Mercedes-Benz will produce electric batteries in Poland: PM

Daimler-owned Mercedes-Benz Cars will start producing electric batteries in Jawor, Poland, the Polish Prime Minister Mateusz Morawiecki said on Tuesday, as the company looks to ramp up its investments into electric batteries in the coming decade.

Exclusive: Tesla holds battery supply talks with China's Lishen

U.S. electric vehicle (EV) maker Tesla Inc has held talks with China's Tianjin Lishen to supply batteries for its new Shanghai factory, and two people with direct knowledge of the matter said the pair signed a preliminary agreement.

Exclusive: Tesla says it received battery quotes from China's Lishen but no deal signed

Tesla Inc said on Tuesday it had received quotes from Tianjin Lishen to supply batteries for its new Shanghai electric car factory but had not signed any agreement with the Chinese firm.

Foxconn says trying to hire 50,000 people in first quarter after job cut reports

Taiwan's Foxconn , assembler of Apple Inc's iPhones, on Tuesday said it was trying to recruit for more than 50,000 positions across its China campuses for the January-March quarter, amid reports of mass lay-offs.

Toyota, Panasonic announce battery venture to expand EV push

Toyota Motor Corp and Panasonic Corp are launching a joint venture next year to make electric vehicle (EV) batteries, leveraging the heft of one of the world's largest automakers and battery makers to expand their EV push.

China's Lishen says has not signed agreement with Tesla on supplying batteries

China's Tianjin Lishen said on Tuesday it has not signed any agreement with Tesla Inc on supplying batteries to the U.S. electric vehicle maker's Shanghai factory.

China says U.S., Canada abused extradition agreement over Huawei executive Meng

China said on Tuesday that the United States and Canada had abused their extradition agreement in the case of arrested Huawei executive Meng Wanzhou, after Canada's ambassador to the United States said it would proceed with formal extradition.

China approves third batch of video games; Tencent still absent

China's publishing regulator on Tuesday approved the release of a third batch of video games after a freeze for most of last year, with industry-leader Tencent Holdings Ltd still absent from the list of new titles.

Exclusive: Tesla says it received battery quotes from China's Lishen but no deal agreed

Tesla Inc said on Tuesday it had received quotes from Tianjin Lishen to supply batteries for its new Shanghai electric car factory but had not signed any agreement with the Chinese firm.

TomTom to sell Telematics unit to Bridgestone for $1.03 billion

TomTom, the Dutch navigation and digital maps company, said on Tuesday it has agreed to sell its Telematics, or the fleet data business, to Bridgestone for 910 million euros ($1.03 billion).

Amazon.com starts direct sales of merchandise in Brazil after delays

Amazon.com Inc is launching its long-awaited in-house fulfillment and delivery network in Brazil after months of delays caused by complicated logistics and a highly complex tax system in the largest Latin American economy.

China drone maker DJI says $150 million scam involved staff padding parts costs

China's SZ DJI Technology Co Ltd, the world's largest maker of consumer drones, said employees inflating the cost of parts for personal gain led to incidents of suspected corruption that may have caused it to suffer a hit of almost $150 million last year.

Exclusive: Tesla in talks with China's Lishen over Shanghai battery contract - sources

Tesla Inc has signed a preliminary agreement with China's Tianjin Lishen to supply batteries for its new Shanghai car factory, as it aims to cut its reliance on Japan's Panasonic , two sources with direct knowledge of the matter said.

U.S. to formally seek extradition of Huawei executive Meng Wanzhou: Globe And Mail

The United States has informed the Canadian government that it plans to proceed with a formal request to extradite Huawei Chief Financial Officer Meng Wanzhou on allegations violation of U.S. sanctions against Iran, the Globe and Mail reported on Monday.

China approves third batch of video games; still no Tencent

Chinese authorities on Tuesday approved the release of a third batch of video games after a freeze for most of last year, with industry leader Tencent Holdings Ltd again absent from the list of approved titles.

Logitech raises FY outlook after gaming-powered third quarter

Logitech International SA raised its full-year profit outlook on Tuesday, after strong growth in its gaming hardware business helped the computer peripheral and mobile speaker maker beat third-quarter expectations.

France considers bill amendment to target Huawei: Les Echos

France is considering introducing a bill amendment to empower its security and defence watchdogs to make retroactive checks to telecoms operators' equipment once installed, targeting China's Huawei, Les Echos newspaper reported on Monday without citing sources.

Facebook's WhatsApp limits users to five text forwards to curb rumors

Facebook Inc's WhatsApp is limiting worldwide the number of times a user can forward a message to five, starting on Monday, as the popular messaging service looks to fight "misinformation and rumors", company executives said on Monday.

France fines Google $57 million for European privacy rule breach

France's data protection watchdog fined Alphabet's Google 50 million euros ($57 million) on Monday for breaching European Union online privacy rules, the biggest such penalty levied against a U.S. tech giant.

Facebook to add 1,000 new jobs in Ireland by year-end

The social media giant Facebook will hire an additional 1,000 people at its international headquarters in Dublin this year, the second major jobs announcement from a U.S. multinational in Ireland in a matter of days.

Canada should ban Huawei from 5G networks, says former spy chief

Canada should ban China's Huawei Technologies Co Ltd [HWT.UL] from supplying equipment to Canadian 5G networks because the security risk is too great, a former spy chief said in an article published on Monday.