U.S. widens blacklist to include China's top AI startups ahead of trade talks

The U.S. government expanded its trade blacklist to include some of China's top artificial intelligence startups, punishing Beijing for its treatment of Muslim minorities and ratcheting up tensions ahead of high-level trade talks in Washington this week.

China's Hikvision resolutely opposes U.S. blacklisting: state media

Chinese state media said on Tuesday video surveillance firm Hikvision resolutely opposes the U.S. move to blacklist the firm, saying the decision has no basis in fact. The U.S. Commerce Department on Monday placed 28 Chinese public security bureaus and companies - including Hikvision - on a U.S. tra...

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South Korea's Hanwha likely to win from surveillance rivals' blacklisting: industry experts

South Korean video surveillance provider Hanwha Techwin stands to gain the most from the U.S. blacklisting of China's Hikvision and Dahua, an industry expert and insider said, as rivals sit poised to snatch share from the besieged market leaders.

Hyundai Card asks banks to pitch for IPO roles

Hyundai Card, the credit card unit of Hyundai Motor Group, said on Tuesday it has asked banks to submit proposals this month for roles in a possible initial public offering.

Samsung's third-quarter profit estimate exceeds expectations on smartphone sales

Samsung Electronics flagged slightly better than expected third quarter profit on Tuesday, helped by strong sales of its new Galaxy Note 10 smartphone series even as a slump in its memory chip business continued to weigh on earnings.

Oracle to hire 2,000 workers to expand cloud business to more countries

Oracle Corp plans to hire nearly 2,000 additional workers as part of an aggressive plan to roll out its cloud computing services to more locations around the world, its cloud chief told Reuters on Monday.

Amazon launches bigger local online store in Singapore

Amazon.com Inc has launched a bigger local store and marketplace in Singapore, expanding its product selection and intensifying competition with rivals such as Alibaba Group Holding Ltd's Lazada and Sea Ltd's Shopee.

State attorney general group probing Facebook could expand to 40: source

An estimated 40 U.S. state attorneys general will participate in a probe of Facebook Inc, a source said on Monday, suggesting many more states want allegations of anticompetitive practices at the social media company investigated.

Estimated 40 U.S. state attorneys general will join Facebook probe: source

An estimated 40 U.S. state attorneys general will participate in a probe of Facebook Inc, a source said on Monday, which would be a big increase in the number of states joining the investigation.

Facebook the focus of U.S. Justice Department and state AGs meeting

U.S. state attorneys general investigating Facebook Inc for alleged anti-competitive practices met on Monday with officials of the Justice Department and the Federal Trade Commission, New York Attorney General Letitia James said in a statement.

Facebook the focus of U.S. Justice Dept and state AGs meeting

U.S. state attorneys general investigating Facebook Inc for alleged anti-competitive practices met on Monday with officials of the Justice Department and the Federal Trade Commission, New York Attorney General Letitia James said in a statement.

State attorneys general meet in Washington to discuss Facebook

U.S. state attorneys general investigating Facebook Inc met on Monday with officials of the Justice Department and the Federal Trade Commission, both of which are probing the social media giant.

Paralyzed man hails 'feat' of walking again with robot exoskeleton

The French tetraplegic man who has been able to walk again using a pioneering four-limb robotic system, or exoskeleton, said walking was a major feat for him after being immobile for years.

Facebook the focus of U.S. Justice Department and state AGs meeting: sources

A bipartisan group of state attorneys general, including New York Attorney General Letitia James, met Monday with U.S. Attorney General William Barr to discuss a state-level probe of Facebook Inc , two people briefed on the matter confirmed.

Rwanda launches first 'Made in Africa' smartphones

Rwanda's Mara Group launched two smartphones on Monday, describing them as the first "Made in Africa" models and giving a boost to the country's ambitions to become a regional technology hub.

U.S. Supreme Court snubs University of Wisconsin appeal in patent fight with Apple

The U.S. Supreme Court on Monday refused to hear a bid by the University of Wisconsin's patent licensing arm to reinstate its legal victory against Apple Inc in a fight over computer processor technology that the school claimed the company used without permission in certain iPhones and iPads.

What next after AMS' failed $4.9 billion bid for Osram?

Austrian sensor specialist AMS has pledged to find another way to take over Germany's Osram to form a global leader in sensors and lighting, after its $4.9 billion bid for the larger firm fell through on Friday.

U.S. Supreme Court rejects Amazon warehouse worker wage appeal

The U.S. Supreme Court on Monday declined to hear Amazon.com's bid to avoid a lawsuit seeking to ensure that warehouse workers for the e-commerce giant get paid for the time it takes them to go through extensive post-shift security screenings.

Global exchanges urge Britain not to ban crypto-linked derivatives

Global exchanges urged Britain's markets watchdog on Monday not to ban retail sales of derivatives linked to crypto assets such as bitcoin, saying they were well equipped to protect consumers trading on their platforms.

SoftBank CEO says 'embarrassed and flustered' by track record: Nikkei Business

SoftBank Group founder and CEO Masayoshi Son is "embarrassed and flustered" by his track record, he told Nikkei Business magazine, as the Japanese company comes under pressure from some investors for its bets on loss-making businesses.

Bosch to make silicon carbide chips in electric vehicle range-anxiety play

German automotive supplier Robert Bosch [ROBG.UL] is launching production of silicon carbide automotive chips, in a move to address the range anxiety that deters many drivers from switching to electric vehicles.

Apple supplier Japan Display says aiming for a bailout deal this month

Japan Display Inc said it aims to clinch a deal this month for least 50 billion yen ($470 million) in vital funding, having had to scramble after an investment group suddenly pulled out of a bailout plan for the Apple Inc supplier.

Concern and hope as AMS and Osram slide following failed takeover

Shares in sensors specialist AMS and lighting group Osram fell on Monday on concerns AMS might revisit its $4.9 billion takeover bid which collapsed on Friday.

Deutsche Bank in strategy shift to address tech woes

Deutsche Bank is creating a new technology division in a strategy shift designed to reduce complexity and lower costs while transforming systems that have held back the bank for years.

Softbank leads financing round in Brazil bus: marketplace Buser

Japan's SoftBank Group Corp is leading a new financing round for Buser, a Brazilian intercity bus charter marketplace, for an undisclosed amount, according to a statement on Monday.

Volvo, Geely to merge combustion engine operations

Volvo Cars will merge its engine development and manufacturing assets with those of parent Geely, creating a division to supply in-house brands Lotus, LEVC, Lynk and Proton, and also potential rivals with next-generation combustion and hybrid engines. It marks the latest example of consolidation in ...

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SoftBank CEO Masayoshi Son says 'embarrassed and flustered' by track record: Nikkei Business

SoftBank Group CEO Masayoshi Son said is "embarrassed and flustered" by his track record, in comments to Nikkei Business magazine.

Apple supplier Japan Display says aims to seal $468 million bailout deal this month

Apple Inc supplier Japan Display Inc said it aims to clinch a deal for least 50 billion yen ($468 million) in vital funding by the end of the month, having had to scramble after a Chinese investor group suddenly pulled out of a bailout plan.

Venture firm 83North raises $300 million for new tech fund

London-based venture capital firm 83North said on Monday it had raised $300 million for a new fund targeting European and Israeli consumer and enterprise technology firms.

Apple supplier Japan Display aims to seal $468 million bailout deal by end-October - CEO

Apple Inc supplier Japan Display Inc aims to seal a revised bailout deal by the end of this month for at least 50 billion yen ($468 million) in vital funding, its new chief executive said on Monday.