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Updated: 40 min 42 sec ago

Macquarie backs drone map, electric-vehicle businesses

2 hours 35 min ago
Macquarie Group, the world's largest manager of infrastructure assets, has seeded money in a map system for drones and an electric-vehicle sharing business, it said on Monday.

Huawei founder says Huawei CFO arrest was politically motivated: BBC

4 hours 35 min ago
Huawei founder Ren Zhengfei said on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng Wanzhou, was politically motivated.

Huawei founder says Huawei CFO arrest was politically motivated: BBC

5 hours 17 min ago
Huawei founder Ren Zhengfei told the BBC on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng Wanzhou, was politically motivated.

Germany bans Wirecard 'shorting' as prosecutors probe FT journalist

Mon, 02/18/2019 - 20:52
Germany's financial watchdog has banned "short" selling of Wirecard shares due to volatility in the payments firm's stock following reports in the Financial Times which are now the subject of an investigation by German authorities.

Germany consults industry about blockchain potential

Mon, 02/18/2019 - 20:47
Germany has opened a consultation process on how to tap into the potential of blockchain technology ahead of presenting a strategy by the summer, government sources said on Monday.

Uber agrees to pay VAT in Egypt: tax chief

Mon, 02/18/2019 - 20:07
Uber has agreed to pay value-added tax on its services in Egypt, Egyptian officials said on Monday, a move that may help resolve a long-simmering feud with traditional taxi drivers.

Britain does not support total Huawei network ban: sources

Mon, 02/18/2019 - 19:31
British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations the Chinese firm and its products could be used by Beijing for spying, people with knowledge of the matter said.

Germany's Bafin bans Wirecard 'short' positions over volatility

Mon, 02/18/2019 - 19:29
Germany's financial watchdog has banned "short" selling of Wirecard shares after reports in the Financial Times sparked recent volatility in the payments firm's stock.

Britain's FT says allegations over Wirecard reporting are false

Mon, 02/18/2019 - 19:28
Britain's Financial Times rejected as "baseless and false" any allegations accusing the newspaper or its reporters of market manipulation or unethical reporting in relation to German payments company Wirecard.

Facebook broke rules, should be regulated: UK lawmakers

Mon, 02/18/2019 - 18:56
Facebook intentionally breached data privacy and competition law and should, along with other big tech companies, be subject to a new regulator to protect democracy and citizens' rights, British lawmakers said on Monday.

Britain's 5G network security review ongoing: PM May's spokesman

Mon, 02/18/2019 - 18:51
Britain's review of its 5G network resilience is still ongoing, a spokesman for Prime Minister Theresa May said on Monday after the Financial Times reported that security chiefs had concluded they could manage any risks arising from Huawei's involvement.

Alibaba is the force behind hit Chinese Communist Party app: sources

Mon, 02/18/2019 - 18:13
A Chinese government propaganda app that recently became a huge hit was developed by Alibaba, two people at the company told Reuters, at a time when the nation's tech firms are under global scrutiny over their ties to Beijing.

German prosecutor probing FT journalist over Wirecard: report

Mon, 02/18/2019 - 17:53
German authorities have opened an investigation into a Financial Times journalist over reports about German payments firm Wirecard, Frankfurter Allgemeine Zeitung said.

Germany's Bafin bans Wirecard short positions after negative reports

Mon, 02/18/2019 - 16:53
Germany's financial watchdog has taken the unprecedented step of banning short selling in shares of payments firm Wirecard, a member of the blue-chip DAX index, after reports in the Financial Times sparked high volatility in the stock over recent weeks.

Facebook says it is 'open to meaningful regulation'

Mon, 02/18/2019 - 15:53
Facebook is "open to meaningful regulation", it said on Monday after British lawmakers said that big technology companies should be subject to a compulsory code of ethics to tackle the spread of fake news and abuse of users' data.

SoftBank invests in Mubadala's new $400 million European tech fund: source

Mon, 02/18/2019 - 14:26
Japan's SoftBank Group has provided nearly half of the cash for Abu Dhabi's state investor Mubadala Investment Co's new $400 million fund investing in European start-ups, a source familiar with the matter said.

New Zealand will conduct own assessment of Huawei equipment risk: PM

Mon, 02/18/2019 - 14:22
New Zealand will independently assess the risk of using China's Huawei Technologies in 5G networks, Prime Minister Jacinda Ardern said on Monday after a report suggested that British precautions could be used by other nations.

Germany's Bafin bans Wirecard short positions, cites negative reports

Mon, 02/18/2019 - 13:56
Germany's financial watchdog Bafin on Monday issued a ban against establishing or increasing short positions in Wirecard AG stock, citing market uncertainties due to the German payments company's weak share performance.

SoftBank invests in Mubadala's new $400 million European tech fund: FT

Mon, 02/18/2019 - 12:04
Japan's SoftBank Group has provided nearly half the cash for the new $400 million fund by Abu Dhabi's state-owned Mubadala Investment Co that aims to back European start-ups, the Financial Times reported on Monday.

Facebook needs independent ethical oversight: UK lawmakers

Mon, 02/18/2019 - 07:09
Facebook and other big tech companies should be subject to a compulsory code of ethics to tackle the spread of fake news, the abuse of users' data and the bullying of smaller firms, British lawmakers said on Monday.

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