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Updated: 41 min 46 sec ago

U.S. assures support to American tech firms in India in letter

Mon, 08/19/2019 - 23:31
The United States ambassador to India has written to top American technology firms assuring them of support for a level playing field in India, a letter seen by Reuters showed, amid Washington's concerns over New Delhi's protectionist policies.

Facebook contractor hikes pay for Indian content reviewers

Mon, 08/19/2019 - 23:07
Facebook contractor Genpact has raised minimum wages for the content moderation teams it runs for the Silicon Valley firm in India, the latest sign of improvement for workers after reports of stressful conditions at the social network's sites globally.

U.S. grants Huawei another 90 days to buy from American suppliers

Mon, 08/19/2019 - 20:35
U.S. Commerce Secretary Wilbur Ross said on Monday the U.S. government will extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, even as nearly 50 of its units were being added to a U.S. economic blacklist.

U.S. grants Huawei another 90 days to buy from American suppliers: Ross

Mon, 08/19/2019 - 19:45
U.S. Commerce Secretary Wilbur Ross said Monday the U.S. government will extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, even as nearly 50 of its units were being added to a U.S. economic blacklist.

Exclusive: Fearing data privacy issues, Google cuts some Android phone data for wireless carriers

Mon, 08/19/2019 - 17:10
Alphabet Inc's Google has shut down a service it provided to wireless carriers globally that showed them weak spots in their network coverage, people familiar with the matter told Reuters, because of Google's concerns that sharing data from users of its Android phone system might attract the scrutiny of users and regulators.

Russia's Yandex looks at ten-fold increase in driverless car fleet to speed up testing

Mon, 08/19/2019 - 14:47
Yandex, a Russian equivalent to Google, said it is considering expanding its fleet of self-driving cars to up to 1,000 within the next two years in order to speed up tests on the fledgling technology.

Microsoft, Nvidia team up for more realistic visuals on Minecraft game

Mon, 08/19/2019 - 14:04
Microsoft Corp said on Monday it will use chipmaker Nvidia Corp's real-time ray tracing technology to provide the software company's Minecraft video game players more realistic graphics on personal computers.

Shell debuts electric vehicle chargers in Singapore, first in Southeast Asia

Mon, 08/19/2019 - 10:09
Royal Dutch Shell is launching electric vehicle chargers at petrol stations in Singapore, its first such foray in Southeast Asia, the company said on Monday.

U.S. President Trump does not want to do business with China's Huawei

Mon, 08/19/2019 - 06:07
U.S. President Donald Trump on Sunday said he did not want the United States to do business with China's Huawei even as the administration weighs whether to extend a grace period for the company.

Apple CEO warns Trump about China tariffs, Samsung competition

Mon, 08/19/2019 - 05:07
U.S. President Donald Trump said on Sunday that he has spoken with Apple Inc's Chief Executive Tim Cook about the impact of U.S. tariffs on Chinese imports as well as competition from South Korean company Samsung Electronics Co Ltd .

Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers - sources

Sat, 08/17/2019 - 11:48
The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with the situation said.

Exclusive: U.S. to extend Huawei's partial reprieve on supply curbs - sources

Sat, 08/17/2019 - 10:24
The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, sources familiar with the situation said.

Airbnb records 30% growth rate in first-quarter on booking strength: source

Sat, 08/17/2019 - 08:49
Airbnb Inc recorded $9.4 billion in total booking value in the first quarter, up 31% from the year-ago quarter, a source familiar with the matter said on Friday, a key number that could help pull in investors as the home-sharing company plans its foray into the public market.

Trump says he is having dinner Friday with Apple CEO Cook

Sat, 08/17/2019 - 07:01
U.S. President Donald Trump said he was having dinner on Friday with Chief Executive Officer Tim Cook of Apple Inc, a company the president has criticized for not manufacturing more of its products in the United States.

Amazon.com defeats IRS appeal in U.S. tax dispute

Sat, 08/17/2019 - 02:06
Amazon.com Inc on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over its tax treatment of transactions with a Luxembourg subsidiary.

Rental firm walks away from Tesla order after quality dispute

Sat, 08/17/2019 - 00:15
Car rental company Nextmove has walked away from a 5 million euros ($5.55 million) order for 85 Tesla Model 3 electric vehicles following a dispute over how to fix quality issues, the German company said on Friday.

New York financial regulator approves Bakkt trust license

Fri, 08/16/2019 - 22:36
The New York State Department of Financial Services announced on Friday that it granted a license to Bakkt Trust Co LLC to operate as a limited liability trust company.

Germany's Nextmove cancels Tesla order, citing quality issues

Fri, 08/16/2019 - 21:21
German car rental firm Nextmove has canceled the bulk of a 100-vehicle order from Tesla worth 5 million euros ($5.54 million) over quality problems with the Model 3, it said on Friday.

LSE's FTSE stock market suffers longest outage in years

Fri, 08/16/2019 - 18:52
A technical glitch delayed the start of trading on Friday on the UK blue chip FTSE 100 and midcap stock indexes for almost two hours in what was the longest outage at one of the world's top bourses in eight years.

Alibaba and the $15 billion question: Amid Hong Kong's protests, when to list?

Fri, 08/16/2019 - 16:32
Hong Kong's political unrest is posing a dilemma for Alibaba Group Holding Ltd on the timing of its planned $15 billion listing in the city, with sources saying China's biggest e-commerce company is now considering several timetables.

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