ZURICH (Reuters) - Chipmaker AMS reported first-quarter sales toward the lower end of its guidance range on Monday and warned of a downturn owing to weaker orders from one of its main customers.
EU opens competition probe into Apple's bid for music app Shazam
BRUSSELS (Reuters) - EU antitrust regulators opened an investigation on Monday into Apple's bid for British music discovery app Shazam, concerned the deal might give the iPhone maker an unfair advantage in poaching users from its rivals.
EU investigators to investigate Apple's bid for Shazam
BRUSSELS (Reuters) - EU antitrust regulators opened on Monday an investigation into iPhone maker Apple's bid for British music discovery app Shazam, concerned that the deal may hurt competition.
Dubai's Careem hit by cyber attack affecting 14 million users
DUBAI (Reuters) - Careem, Uber's main ride-hailing app rival in the Middle East, was hit by a cyber attack that compromised the data of 14 million users, it said on Monday.
Deutsche Telekom unit T-Systems to return to profit in 2020: CEO
HANOVER, Germany (Reuters) - Deutsche Telekom unit T-Systems should return to profitability in 2020 as the company undergoes a digital makeover, new Chief Executive Adel Al-Saleh said on Monday at the Hannover Trade Fair.
Netflix to raise $1.5 billion in debt
(Reuters) - Netflix Inc said on Monday it planned to raise $1.5 billion in debt, the second time the company is tapping the debt market in less than a year to fuel a rapid expansion in original content.
China's Didi Chuxing launches ride service in Mexico
SAN FRANCISCO (Reuters) - Chinese ride-hailing firm Didi Chuxing on Monday launched its service in Toluca, Mexico, the company said, setting up a likely costly battle with rival Uber Technologies Inc [UBER.UL] in a key market.
Indonesian motorcycle taxi drivers protest low online tariffs
JAKARTA (Reuters) - Hundreds of Indonesian motorcycle taxi drivers working for start-ups Grab and Go-Jek called on Monday for an end to low online fares and demanded tighter regulation of ride-hailing companies.
Exclusive: China's Lishen plans first European sales office for electric vehicle batteries - source
LONDON/BERLIN (Reuters) - Chinese battery maker Tianjin Lishen plans to open a sales office in Germany, its first in Europe, and is in talks to supply local auto makers with batteries used to power electric vehicles, a source at the company told Reuters.
Volvo Trucks plans to share electric truck battery tech across brands
TOKYO (Reuters) - Volvo Trucks plans to share battery technology across its brands to tame development and production costs for the crucial but expensive component, as the world's second-largest truck maker ramps up electric offerings, the company told Reuters on Monday.
Facebook's hidden data haul troubles German cartel regulator
BONN, Germany (Reuters) - That the personal data of tens of millions of Facebook users fell into the wrong hands is troubling politicians, but Germany's top competition regulator is questioning the sheer volume of information that the social network harvests.
China fund managers slash ZTE valuation after U.S. sanction
SHANGHAI (Reuters) - Chinese funds have slashed valuations of ZTE Corp after the United States banned American companies from selling components to the telecoms equipment maker for seven years, a move ZTE said threatened its very survival.
Toshiba still aiming to complete sale of memory chip unit soon
TOKYO (Reuters) - Toshiba Corp said on Monday it is still aiming to complete the sale of its memory chip business soon, following media reports it had decided to cancel the $18.6 billion sale if it did not get approval from Chinese regulators by May.
Australian regulator flags scrutiny of Uber Eats
SYDNEY (Reuters) - The head of Australia's competition regulator said on Monday it will scrutinize contracts between Uber Technologies Inc [UBER.UL] and restaurants that use its food delivery app Uber Eats.
UK finance firms urged to work together to fight cyber crime
LONDON (Reuters) - Britain's financial firms need to pull together to fight cyber crime, working with government and law enforcement to attack criminals' infrastructure and put them out of business, a report by KPMG and industry body UK Finance said on Monday.
Australia competition regulator flags scrutiny of Uber Eats
SYDNEY (Reuters) - The head of Australia's competition regulator said on Monday it will scrutinize contracts between Uber Technologies Inc [UBER.UL] and restaurants that use its food delivery app Uber Eats.
Iran central bank bans cryptocurrency dealings
DUBAI (Reuters) - Iran's central bank has banned the country's banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, the state news agency IRNA reported on Sunday as the country tries to halt a currency crisis.
Amazon to double down on groceries; foray deeper into fresh produce in India
BENGALURU (Reuters) - Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five years, as it moves to broaden offerings in the segment and foray into areas such as fresh produce.
Malaysia says will look into bot activity on Twitter, upon complaints
KUALA LUMPUR (Reuters) - Malaysian regulators will look into the activity of automated accounts on Twitter, known as bots, in the run-up to a general election if they get complaints about them, the communications and multimedia minister said.
Toshiba eyes cancelling chip unit sale if no China approval by May: media
TOKYO (Reuters) - Japan's Toshiba Corp has decided it will cancel the planned $18.6 billion sale of its memory chip unit if it does not get approval from China's anti-monopoly regulator by May, the Mainichi newspaper said on Sunday.
Telecom standards group puts new technology on hold in wake of U.S. probe
WASHINGTON (Reuters) - A telecommunications standards organization - GSMA - said on Saturday it is delaying implementation of a new cellphone technology due to a U.S. government probe of alleged coordination between the group, AT&T Inc and Verizon Communications Inc to hinder consumers from easi...
Shadow-boxing tough guy should protect home-alone Japanese women
TOKYO (Reuters) - Behind the apartment's curtain, a tough guy is boxing, throwing left and right hooks and jabs, and lunging forward, enough to make any passing criminal think twice before breaking in.
Photo storage service SmugMug acquires Flickr
(Reuters) - Photo management platform SmugMug said on Friday it has agreed to buy image and video-hosting website Flickr for an undisclosed amount.
Acxiom CEO says data industry bracing for regulation
SAN FRANCISCO (Reuters) - Companies that buy and sell consumer data are preparing for increased scrutiny from U.S. lawmakers after a scandal over how social network Facebook handles personal information, Acxiom Corp's chief executive said on Friday.
Apple offers battery replacement for some MacBooks after flaws reported
(Reuters) - Apple Inc on Friday said component failure in a limited number of MacBook Pros has caused built-in battery to expand, adding, it will offer worldwide free replacement for such batteries.
U.S. said to investigate AT&T, Verizon over wireless collusion claim: source
WASHINGTON (Reuters) - The U.S. has opened a probe into alleged coordination by AT&T Inc , Verizon Communications , a telecommunications standards organization and potentially other providers to hinder consumers from easily switching wireless carriers, a person briefed on the matter said on Frid...
DOJ said to investigate AT&T, Verizon over wireless collusion claim: source
WASHINGTON (Reuters) - The U.S. Justice Department has opened an antitrust probe of potential coordination by AT&T Inc , Verizon Communications , a telecommunications standards organization and potentially other providers to hinder consumers from easily switching wireless carriers, a person brie...
DOJ said to investigate AT&T, Verizon over wireless collusion claim: NYT
(Reuters) - The U.S. Justice Department has opened an antitrust probe into potential coordination by AT&T , Verizon and a telecommunications standards organization to hinder consumers from easily switching wireless carriers, the New York Times reported on Friday, citing six people with knowledge...
Tech tumbles ahead of crucial week for quarterly results
SAN FRANCISCO (Reuters) - U.S. technology stocks tumbled on Friday ahead of a crucial week of quarterly reports from Alphabet, Facebook and other heavyweights as investors worried that the high-performance sector may be running out of fuel.
Twitter bans ads from Russia's Kaspersky Lab
(Reuters) - Twitter Inc said on Friday that it has banned ads from Russia's Kaspersky Lab, charging that the company's business model conflicts with the social media platform's advertising rules and citing U.S. claims that the firm has ties to Russian intelligence agencies.