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Updated: 42 min 58 sec ago

Lawyers for Huawei CFO call Canada prosecutor's arguments 'circular'

15 hours 31 min ago
Extraditing Huawei Chief Financial Officer Meng Wanzhou to the United States based on American sanctions against Iran would set a dangerous precedent and could even undermine Canada's policy towards Iran, Meng's lawyers argued in court documents released on Friday.

Break up big tech's 'monopoly', smaller rivals tell Congress hearing

18 hours 1 min ago
In April 2019, Tile.com, which helps users find lost or misplaced items, suddenly found itself competing with Apple Inc, after years of enjoying a mutually beneficial relationship with the iPhone maker.

Netflix opens Paris office, plans new French-language series

20 hours 23 min ago
U.S. television streaming company Netflix has opened a new Paris office and plans to develop more than 20 original French-language productions in 2020, it said on Friday.

UK's BT, Vodafone may seek PM Johnson's support for Huawei: sources

Fri, 01/17/2020 - 23:23
Britain's BT and Vodafone are considering urging Prime Minister Boris Johnson not to risk the rollout of next generation mobile networks by banning China's Huawei [HWT.UL], sources said, confirming a Sky News report on Friday.

TomTom closes deal with Huawei for use of maps and services: spokesman

Fri, 01/17/2020 - 23:13
Dutch navigation and digital mapping company TomTom on Friday said it has closed a deal with China's Huawei Technologies for the use of its maps and services in smartphone apps.

TomTom closes deal with Huawei for use of maps and services: spokesman

Fri, 01/17/2020 - 22:17
Dutch navigation and digital mapping company TomTom on Friday said it has closed a deal with China's Huawei Technologies [HWT.UL] for the use of its maps and services in smartphone apps.

U.S. will look at sudden acceleration complaints involving 500,000 Tesla vehicles

Fri, 01/17/2020 - 22:03
The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate 500,000 Tesla Inc vehicles over sudden unintended acceleration reports.

Fiat Chrysler and Foxconn plan push into Chinese electric car market

Fri, 01/17/2020 - 21:27
Automaker Fiat Chrysler plans to set up a joint venture with the parent of iPhone assembler Foxconn to build electric cars and develop internet-connected vehicles in China, as it looks to make up ground in electric mobility.

Bloomberg plan would make all new U.S. cars electric by 2035

Fri, 01/17/2020 - 21:08
Democratic U.S. presidential hopeful Michael Bloomberg unveiled a plan on Friday to slash greenhouse gas emissions from transportation by making electric vehicles accessible to even low-income families and improving access to public transit.

U.S. to review petition seeking formal defect probe into 500,000 Tesla vehicles

Fri, 01/17/2020 - 20:44
The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate 500,000 Tesla Inc models over sudden unintended acceleration reports.

France tells U.S.: back a global digital tax or risk others going solo

Fri, 01/17/2020 - 20:22
The United States risks a proliferation of national taxes on tech giants if President Donald Trump rejects new international rules for taxing digital companies at next week's World Economic Forum, the French government said on Friday.

Exclusive: China's Ant aims for $200 billion price tag in private share sales - sources

Fri, 01/17/2020 - 18:58
Ant Financial [ANTFIN.UL] shares are being offered privately at levels which value the Chinese financial giant at $200 billion, two people with knowledge of the discussions said, lifting it up the ranks of the most valuable unlisted companies.

Indonesian minister says SoftBank offering to invest up to $40 billion in new capital

Fri, 01/17/2020 - 18:19
SoftBank has offered to invest up to $40 billion in the new capital city Indonesia plans to build on Borneo island, a minister said on Friday, though the Japanese tech conglomerate said no figure had been suggested yet.

'Break up big tech's monopoly': Smaller rivals join growing chorus ahead of Congress hearing

Fri, 01/17/2020 - 18:17
In April 2019, Tile.com, which helps users find lost or misplaced items, suddenly found itself competing with Apple Inc, after years of enjoying a mutually beneficial relationship with the iPhone maker.

Lessons to be learned from Facebook's WhatsApp deal, French watchdog says

Fri, 01/17/2020 - 17:56
Facebook's $22 billion buyout of WhatsApp six years ago should have been blocked, the boss of France's antitrust watchdog, which is set to help review EU rules, has told Reuters.

Up to US authorities to move on digital tax: French finance minister

Fri, 01/17/2020 - 17:41
It is up to U.S. authorities to make a move in coming days on a French digital tax targeting big tech companies, French Finance Minister Bruno Le Maire said on Friday.

Chinese property firm Country Garden plans mass production of construction robots

Fri, 01/17/2020 - 16:14
China's largest property developer by sales Country Garden is planning to start mass production of construction robots next year to cut costs and raise efficiency, it said on Friday.

After India's Amazon snub, Modi's party slams Bezos-owned Washington Post

Fri, 01/17/2020 - 15:17
Indian Prime Minister Narendra Modi's ruling party on Friday slammed editorial policies of billionaire Jeff Bezos-owned Washington Post, even as his e-commerce firm Amazon announced plans to create a million jobs in the country by 2025.

Amazon promises 1 million new jobs in India amid tensions with government

Fri, 01/17/2020 - 13:34
Amazon.com Inc said on Friday it planned to create 1 million jobs in India by 2025, a day after the country's trade minister said the e-commerce giant's recently unveiled $1 billion investment in the country was no big favor.

Exclusive: Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push - sources

Fri, 01/17/2020 - 13:24
Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd , two sources told Reuters, as the German firm accelerates its electric push into the world's largest auto market.

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