T-Mobile, Sprint say $26 billion deal would give U.S. tech lead over China

(Reuters) - T-Mobile US Inc and Sprint Corp said on Sunday they had agreed to a $26 billion all-stock deal and believed they could win over skeptical regulators because the merger would create thousands of jobs and help the United States beat China to creating the next generation mobile network.

German regulator may require cable operators to open networks to third parties - FAZ

FRANKFURT (Reuters) - Germany's regulator is considering requiring cable TV operators to provide network access to third parties, in a shift that could affect talks on a European merger between Vodafone and Liberty Global.

T-Mobile agrees to acquire Sprint for $26 billion

(Reuters) - T-Mobile US Inc agreed on Sunday to acquire peer Sprint Corp, in a $26 billion all-stock deal that will combine the third and fourth largest U.S. wireless carriers and is expected to attract regulatory scrutiny over its impact on consumers.

T-Mobile agrees to acquire Sprint

(Reuters) - T-Mobile US Inc agreed on Sunday to acquire peer Sprint Corp , in an all-stock deal that will combine the third and fourth largest U.S. wireless carriers and is expected to attract regulatory scrutiny over its impact on consumers.

Telecom Italia CEO says his position 'untenable' if Elliott wins board majority

MILAN (Reuters) - Telecom Italia (TIM) CEO Amos Genish said his position at Italy's biggest phone group would be "untenable" if activist fund Elliott manages to win the majority of board seats at a shareholder vote on Friday, according to a newspaper interview.

Outrage breaks out after Whole Foods partners with Yellow Fever eatery

LOS ANGELES (Reuters) - Amazon.com's Whole Foods Market sparked social media outrage after its newest store in its 365 grocery chain partnered with an Asian restaurant with the racially charged name of Yellow Fever.

EU digital tax on corporate turnover faces uphill road

SOFIA (Reuters) - A European Commission plan to tax the digital turnover of large companies drew scepticism on Saturday from the global rule-setting body on tax matters and some EU states, which called instead for an international solution.

Alphabet's Sergey Brin says company must assume greater responsibility

SAN FRANCISCO (Reuters) - Alphabet Inc President Sergey Brin said on Friday that technology companies must take greater responsibility for the social impact of their work, his first comments following a year of heightened global awareness about misuse of digital services.

Uber rides again in Vienna after two-day suspension

VIENNA (Reuters) - Ride-hailing service Uber has resumed operations in Vienna after a two-day suspension to comply with an injunction pending a ruling in a local taxi firm's lawsuit.

Taiwan tells firms to seek approval for trading with ZTE: Nikkei

(Reuters) - The Taiwanese government has ordered all of the island's companies that sell to Chinese telecom equipment maker ZTE Corp to suspend shipments until they obtain approval, the Nikkei business daily reported on Friday.

Security Trade-Offs in the New EU Privacy Law

On two occasions this past year I’ve published stories here warning about the prospect that new European privacy regulations could result in more spams and scams ending up in your inbox. This post explains in a question and answer format some of the reasoning that went into that prediction, an...

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U.S. keeps China, puts Canada on IP priority watch list

WASHINGTON (Reuters) - The Trump administration on Friday labeled 36 countries as inadequately protecting U.S. intellectual property rights, keeping China on a priority watch list and adding Canada over concerns about its border controls and pharmaceutical practices.

USTR criticizes 36 nations over IP protection, scrutinizes Canada

WASHINGTON (Reuters) - The United States on Friday labeled 36 countries as inadequately protecting U.S. intellectual property rights, keeping China on its "Priority Watch List" for the 14th straight year and adding Canada and Colombia to that list for extra scrutiny.

Amazon ad sale boom could challenge Google-Facebook dominance

SAN FRANCISCO/NEW YORK (Reuters) - Amazon.com Inc's expanding business of selling space on its site to merchants helped it double profits on Thursday, and some see the move as a step toward taking advertising dollars from Google and Facebook Inc.

Sony targets eventual repeat of last year's record after flagging profit dip

TOKYO (Reuters) - Sony Corp will work to ensure last year's record profit was not a one-off, its new management said on Friday, after the Japanese conglomerate forecast a dip in earnings this year in anticipation of a stronger yen.

In remote China, a high-tech auto plant flags global challenge

ZHANGJIAKOU, China (Reuters) - While auto workers in Germany and South Korea fight to save their jobs, one of China's youngest auto brands is gearing up to build sport utility vehicles at a new factory with digitally-connected robots and a fresh workforce of 1,800 people.

Britain looks to ancient mines for electric future

SOUTH CROFTY, England - Britain is banking on a series of ancient mines on its southwestern tip to secure a slice of the global electric car revolution.

Bitcoin frenzy settles down as big players muscle into market

LONDON/NEW YORK/SINGAPORE (Reuters) - After bouncing up, falling down and keeping investors on the edges of their seats, bitcoin may be maturing into a period of relatively boring stability, experts say.

Nintendo teams up with Cygames to boost smartphone gaming

TOKYO (Reuters) - Japanese video game maker Nintendo Co said on Friday it has teamed up with Tokyo-based online games developer Cygames Inc, aiming to step up the mobile gaming business and reduce reliance on volatile console sales.

Sony expects 8.8 percent annual profit drop as strong yen slows image sensor biz

TOKYO (Reuters) - Sony Corp said on Friday it expects operating profit to fall 8.8 percent in the financial year through March 2019 as a stronger yen eats into profits from the image sensor business.

Shares of China internet poker game firms drop on reports of ban

HONG KONG (Reuters) - Shares in Chinese companies offering online and mobile poker games have shed up to a fifth of their value over the past week, following reports in local media that the government would ban all poker-related applications from June 1.

TSMC to invest $14 billion in R&D at Hsinchu facility

TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co , the world's largest contract chipmaker, is planning a T$400 billion ($13.50 billion) investment to expand its research and development capacity for future technologies, a company spokeswoman said on Friday.

China's Baidu beats forecasts as it sidesteps censors, boosts ad sales

BEIJING (Reuters) - Chinese internet search giant Baidu Inc blew past earnings estimates on Thursday, sending its U.S.-listed shares sharply higher in after-hours trading as investors cheered strong growth in its advertising business.

Amazon delivers dazzling profits, as well as $20 Prime hike and NFL games

(Reuters) - Amazon.com Inc more than doubled its profit on Thursday and predicted strong spring results as the world's biggest online retailer raised the price for U.S. Prime subscribers, added U.S. football games and touted its cloud services for business.

The auto plants of the future may have a surprisingly human touch

(Reuters) - Carmakers have big plans for their next generation of factories: smarter designs, artificial intelligence and collaborative robots building a wide range of vehicles on the same line.

Amazon, NFL reach $130 million streaming deal for Thursday night games: source

(Reuters) - Amazon.com Inc agreed to pay the National Football League about $65 million per year to stream two more seasons of Thursday night games on its Prime Video service, a person familiar with the matter told Reuters.

Tesla's board against proposal to require independent chairman

(Reuters) - Tesla Inc's board recommended on Thursday that shareholders vote against a proposal that would require the electric car maker's chairman to be an independent director, ahead of its annual meeting.

Intel soars after brighter forecast for data centers, memory

(Reuters) - Intel Corp beat earnings expectations for the first quarter and raised its full-year revenue and profit forecasts on Thursday, driven by the biggest-ever quarterly jump in its data center business and small-but-steady growth in its personal computer business.

Western Digital beats estimates, sets upbeat forecast on chip demand

(Reuters) - Western Digital Corp reported better-than-expected profit and revenue on Thursday, as demand for its memory chips used in smartphones and personal computers rose coupled with higher prices for its hard disk drives.

Wall Street much quicker to applaud Facebook than criticize it

(Reuters) - A month of darkening sentiment around Facebook Inc among analysts was washed away in an instant when the social media's earnings report blew through even the most optimistic earnings estimates.