(Reuters) - U.S. cloud networking company GTT Communications Inc said on Monday it would buy European peer Interoute in an all-cash deal valued at about 1.9 billion euros, or $2.3 billion. GTT said it will fund the deal with a combination of debt and equity, and that it expects to close the deal in ...

LONDON (Reuters) - British retail banks are poised to introduce money management apps to compete with those already launched by financial technology start-ups, betting their trusted brands, broad client base and deep pockets will help them make up lost ground. HSBC (HSBA.L), Lloyds Banking Group (LL...

(Reuters) - Toyota Motor Corp is boosting investment in startup companies to get a better handle on emerging technologies that could potentially disrupt its existing business, according to the head of Toyota’s corporate venture arm. Toyota AI Ventures said on Monday it is co-leading an $11.5-m...

(Reuters) - Chipmaker Qualcomm Inc (QCOM.O) on Monday urged Broadcom Ltd (AVGO.O) to enter into price negotiations on its $117 billion offer for the company, saying the two sides had made progress on regulatory issues but were yet to agree on the deal value. Qualcomm maintained that all of Broadcom&...

BARCELONA (Reuters) - The chief executive of Huawei [HWT.UL] said on Monday the pace of commercialization for next-generation 5G wireless network is picking up pace as the Chinese telecom equipment giant has begun pre-commercial development with more than 30 network operators. Speaking to reporters ...

(Reuters) - Qualcomm Inc (QCOM.O) urged peer Broadcom Ltd (AVGO.O) to enter into direct negotiations on a price for merging the two companies and said they had made progress on regulatory and other deal certainty issues at a meeting last week. Qualcomm maintained that all of Broadcom’s previou...

SINGAPORE (Reuters) - Indonesia’s Go-Jek has raised a higher than targeted $1.5 billion in a fundraising round from a dozen investors including BlackRock and Google, sources said, as the ride-hailing firm builds its war chest to fight deep-pocketed rivals. Go-Jek had planned last year to raise...

BARCELONA (Reuters) - Mobile data will be used in Ghana to track and control epidemics, helping prevent a repeat of the 2014 West Africa Ebola outbreak, in a pioneering program announced by Vodafone Foundation on Monday.   The initiative will use aggregated anonymized mobile data to track real-...

(Reuters) - European planemaker Airbus SE and U.S.-based Delta Air Lines Inc have formed an alliance with U.S. wireless carrier Sprint Corp, satellite startup OneWeb backed by Japan’s SoftBank, and India’s Bharti Airtel Ltd to develop in-flight 5G services, the companies said. The allian...

BARCELONA (Reuters) - Sweden’s Ericsson, the world’s No.2 maker of mobile network equipment, said on Monday the company had signed a Memorandum Of Understanding (MoU) with world’s biggest network operator, China Mobile, over the weekend. Slideshow (3 Images) Ericsson Chief Executiv...

BARCELONA (Reuters) - Japan’s Sony Corporation (6758.T) is turning its focus to 4K high-definition video recording in its new Xperia XZ2 smartphone to differentiate itself from rivals that have caught up in camera technology. Unwrapped at Barcelona’s Mobile World Congress on Monday, the ...

BRUSSELS (Reuters) - The European Union is preparing legislation to force companies to turn over customers’ personal data when requested even if it is stored on servers outside the bloc, a position that will put Europe at loggerheads with tech giants and privacy campaigners. The EU executive h...

NEW YORK (Reuters) - After researching digital currencies for work last year, personal finance writer J.R. Duren hopped on his own crypto-rollercoaster. Duren bought $5 worth of litecoin in November, and eventually purchased $400 more, mostly with his credit card. In just a few months, he experience...

LONDON (Reuters) - Financial technology firm Revolut has become the first of a new breed of digital banks in Britain to break even on a monthly basis after a swelling user base and a suite of new products helped it bolster revenues in December. Revolut, which has gained popularity with users for che...

BARCELONA (Reuters) - The smartphone industry is bound to consolidate as the heavy investments required to remain competitive mean that, in the long-run, only a handful of firms can make money, the consumer chief of China’s Huawei Technologies [HWT.UL] said on Sunday. Richard Yu, chief executi...

BARCELONA/HELSINKI (Reuters) - Seeking to capitalise on their comeback over the past year, the makers of Nokia phones are expanding to include a premium Android smartphone, their first, and a remake of one of its biggest hits of the 1990s, the 8110 “slider” phone. Set up by ex-Nokia exec...

BARCELONA/SEOUL (Reuters) - Samsung Electronics Co Ltd unveiled its flagship Galaxy S9 smartphone on Sunday with an emphasis on visual applications for social media, hoping to attract tech-savvy young consumers to weather a market slowdown. With the global smartphone market set to stay flat or even ...

BARCELONA (Reuters) - Seeking to capitalize on a remarkable comeback over the past year, Nokia phones are expanding to include their first premium Android smartphone model, as well as a remake of one of its biggest hits of the 1990s, the 8110 “slider” feature phone. Set up by ex-Nokia ex...

BARCELONA/HELSINKI (Reuters) - Telecom operators are accelerating their timelines for the roll-out of next-generation 5G networks, lifting Nokia’s confidence of an uplift for its business this year, Chief Executive Rajeev Suri said on Sunday. The telecom network industry, dominated by China&rs...

BARCELONA (Reuters) - Spanish mobile operator Telefonica on Sunday launched a voice-activated assistant, called ‘Aura’, in six countries, using artificial intelligence to interact with its customers. The announcement, on the eve of the Mobile World Congress in Barcelona, comes a year aft...

BARCELONA (Reuters) - Europe does not have the catalysts for rapid, large-scale rollouts for next-generation 5G networks, Nokia CEO Rajeev Suri said on Sunday. “Far and away, the U.S. and China activity will dwarf Europe... It is just lower than the rest of the markets,” Suri told the Mo...

WASHINGTON (Reuters) - A major privacy rights fight between Microsoft Corp(MSFT.O) and the Justice Department reaches the Supreme Court this week, with the justices considering whether U.S. law allows prosecutors to compel technology companies to hand over data stored overseas. The nine justices wil...

BARCELONA (Reuters) - Major corporations are learning to defend against start-ups that threaten their business models, hitting back by adopting the disruptors’ playbook, according to a survey of top executives by computer services firm IBM. The proportion of executives who thought competitors ...

BARCELONA (Reuters) - Cisco Systems (CSCO.O) said on Sunday it aims to disrupt the wireless radio access market led by Huawei HWT.UL, Ericsson (ERICb.ST) and Nokia (NOKIA.HE) by backing challengers who make more flexible software versions of traditional mobile gear. Cisco, known for making networkin...

SAN FRANCISCO/BEIJING (Reuters) - When Apple Inc begins hosting Chinese users’ iCloud accounts in a new Chinese data center at the end of this month to comply with new laws there, Chinese authorities will have far easier access to text messages, email and other data stored in the cloud. That&r...

(Reuters) - Data-sharing business Dropbox Inc on Friday filed for an initial public offering of up to $500 million with the U.S. Securities and Exchange Commission. The company said it plans to have its common stock listed on the Nasdaq under the ticker symbol "DBX". bit.ly/2omUnih Dropbox, which st...

SAN FRANCISCO (Reuters) - Self-driving cars that back up their computerized system with a remote human operator instead of a fallback driver at the wheel could be tested on California roads as early as April, the state department of motor vehicles said. Relying on a remote human operator - who could...

FRANKFURT (Reuters) - Two words - artificial intelligence - promise to upstage familiar technology industry themes like 5G, the Internet of Things and virtual reality at next week’s Mobile World Congress, Europe’s biggest annual technology industry gathering. Telecom operators are lookin...

(Reuters) - Alphabet Inc’s Google is raising the price of its YouTube TV online service for new customers as it adds channels from Time Warner Inc’s Turner, National Basketball League and Major League Baseball, the company said Wednesday. Less than one year after launching YouTube TV, th...

(Reuters) - Shares of Hewlett Packard Enterprise (HPE.N) rose 7 percent to a record in early trading on Friday after the company unveiled a $7 billion share buyback program, reported strong quarterly results and raised its full-year profit forecast. At least eight brokerages lifted their price targe...