EU to unveil plans to boost European firms, rein in U.S. tech giants2/19/2020 12:23:17 AM The European Commission will on Wednesday launch the first of a raft of proposals to help European companies exploit their rich trove of industrial data and at the same time rein in online giants Facebook Inc, Alphabet Inc's Google and Amazon.com Inc .
U.S. judge rejects Huawei challenge to federal law restricting its business2/18/2020 11:15:37 PM A federal judge in Texas on Tuesday rejected Chinese telecommunications equipment maker Huawei Technologies Co Ltd's constitutional challenge to a U.S. law that restricted its ability to do business with federal agencies and their contractors.
Huawei accuses U.S. of overlooking HSBC misconduct to go after Chinese firm2/18/2020 10:39:24 PM U.S. prosecutors overlooked apparent violations of U.S. sanctions against Iran by HSBC Holdings in exchange for the British bank's cooperation with a government investigation of Huawei Technologies, lawyers for the Chinese telecoms giant said.
Facebook faces tax court trial over Ireland offshore deal2/18/2020 10:37:39 PM Facebook Inc is slated to begin a tax trial in a San Francisco court on Tuesday, as the Internal Revenue Service tries to convince a judge the world's largest social media company owes more than $9 billion linked to its decision to shift profits to Ireland.
SoftBank-backed South Korean ride-hailing Tada fights for survival amid crackdown2/18/2020 10:32:11 PM Wednesday is D-day for South Korea's ride-hailing service Tada, a smash hit since its launch just over a year ago, as it prepares for a court verdict that could potentially end its ambitious drive in one of the world's most tech-savvy economies.
Coronavirus threatens Apple supply chain, sales; shares drop2/18/2020 10:27:34 PM Shares of Apple Inc fell 2 % on Tuesday and dragged the stocks of its suppliers across the globe lower, after the iPhone maker warned of lower sales in the current quarter acknowledging that the coronavirus outbreak was pressuring its supply chain.
Sao Paulo samba school calls on robots to bring home carnival crown2/18/2020 8:15:27 PM The drummers of the Rosas de Ouro samba school will have some unusual new assistants when they compete for their eighth title in the Sao Paulo carnival parade this year - robots.
Apple may miss mass production schedule for new, cheaper iPhone: Nikkei2/18/2020 7:05:20 PM Apple Inc will likely miss its schedule for mass producing a more affordable iPhone that it had planned to release this spring, the Nikkei Asian Review reported on Tuesday.
Israeli court orders Facebook to unblock account of NSO Group employee2/18/2020 6:28:55 PM A Tel Aviv court ordered Facebook Inc to unblock the private account of a worker at Israeli surveillance company NSO Group, and similar rulings are expected for other employees in the coming days, an NSO spokeswoman said on Tuesday.
Cellcom Israel to buy Golan Telecom2/18/2020 6:24:31 PM Cellcom Israel Ltd , Israel's largest mobile operator, said on Tuesday it would buy smaller rival Golan Telecom for 590 million shekels ($172.59 million).
EU tax commissioner slams U.S. plans on tech tax2/18/2020 5:26:35 PM A global reform of the taxation of corporate digital revenues is very unlikely if the United States continues backing a "safe harbor" plan which would allow firms to choose how to be taxed, European Union tax commissioner Paolo Gentiloni said on Tuesday.
U.S. mulls cutting Huawei off from global chip suppliers, with TSMC in crosshairs2/18/2020 5:00:32 PM The Trump administration is considering changing U.S. regulations to allow it to block shipments of chips to Huawei Technologies [HWT.UL] from companies such as Taiwan's TSMC , the world's largest contract chipmaker, two sources familiar with the matter said.
Dell to sell cybersecurity unit for $2.08 billion2/18/2020 3:41:40 PM Dell Technologies Inc said on Tuesday it would sell its cybersecurity unit RSA for $2.08 billion to a consortium led by Symphony Technology Group, Ontario Teachers' Pension Plan Board and AlpInvest Partners.
20 years after dot-com peak, tech dominance keeps investors on edge2/18/2020 2:26:27 PM As Wall Street approaches the 20th anniversary of the piercing of the dot-com bubble, today's decade-old rally led by a few small players shows some similarities that cautious investors are keeping an eye on.
Huawei role in Brazil 5G up to national security chief: regulator2/18/2020 2:05:23 PM The Brazilian telecoms regulator preparing to auction bandwidth for fifth-generation (5G) mobile data said any decision on the security risks of using Chinese technology will ultimately be taken by the president's national security advisor.
Exclusive: Samsung wins 5-nanometer modem chip contract from Qualcomm - sources2/18/2020 1:23:43 PM Samsung Electronics Co Ltd's semiconductor manufacturing division has won a contract to make new Qualcomm Inc 5G chips using its most advanced chip-making technology, two sources familiar with the matter said, boosting the Korean firm's efforts to gain market share against rival Taiwan Semiconductor Manufacturing Co .
Exclusive: Tesla in talks to use CATL's cobalt-free batteries in China-made cars - sources2/18/2020 1:23:08 PM Tesla is in advanced stages of talks to use batteries from CATL that contain no cobalt - one of the most expensive metals in electric vehicle (EV) batteries - in cars made at its China plant, people familiar with the matter said.
New Qualcomm chips aim to connect phones to disparate 5G networks2/18/2020 12:34:20 PM Qualcomm Inc on Tuesday introduced new chips designed to connect mobile phones to 5G networks that operate differently around the world.
If Apple is hurting due to the coronavirus, its suppliers and rivals likely are too2/18/2020 10:43:20 AM Apple Inc's surprise warning that it will likely fall short of this quarter's sales target due to the coronavirus epidemic points to much pain for its chip and other suppliers as well as for rivals who also rely on China to build their products.
Apple warns sales to fall short of target due to coronavirus impact2/18/2020 9:16:09 AM Apple Inc warned on Monday it was unlikely to meet its March quarter sales guidance set just three weeks ago as the world's most valuable technology firm became one of the biggest corporate casualties of China's coronavirus epidemic.