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Updated: 47 min 25 sec ago

Oregon joins states' lawsuit to block T-Mobile, Sprint merger

Tue, 08/13/2019 - 00:05
Oregon has joined a multistate lawsuit to block the merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp , the New York attorney general's office, which is leading the lawsuit along with California, said on Monday.

Reliance-Microsoft cloud tie-up poses threat to Amazon, Google in India

Mon, 08/12/2019 - 21:28
India's Reliance Industries Ltd on Monday announced a partnership with Microsoft's Azure cloud platform, in a move that deepens the offerings of its Jio telecoms unit while posing a direct challenge to rival cloud services providers such as Amazon.com and Alphabet's Google .

Deliveroo quits Germany to focus on other markets

Mon, 08/12/2019 - 20:28
British food delivery service Deliveroo will cease operations in Germany on Friday to focus on other markets in Europe and beyond, a spokesman for the Amazon-backed company said on Monday.

India's Reliance bets on tech for growth, announces stake sale to Aramco

Mon, 08/12/2019 - 19:42
Reliance Industries said it would launch super-fast internet in India next month, stressing that partnerships would be its path to growth as it announced a tie up with Microsoft and a stake sale in its oil unit to Saudi Aramco.

Nike aims sneaker subscriber scheme at $10 billion U.S. kids market

Mon, 08/12/2019 - 19:22
Nike Inc will launch a new subscription service for kids sneakers this week that seeks to woo parents with an offer of fewer nightmarish trips to the shoe store in exchange for a regular fee and consistent brand loyalty.

Deliveroo to end operations in Germany, focus on other markets: spokesman

Mon, 08/12/2019 - 19:15
Food delivery service Deliveroo will end its operations in Germany on August 16 and instead turn its attention to other markets, a spokesman confirmed on Monday.

IBM, India's Tata join U.S. tech platform's governing council

Mon, 08/12/2019 - 19:05
International Business Machines Corp and Tata Communications have joined the governing council of Hedera Hashgraph, a distributed public ledger platform that aims to be faster and runs at a larger scale than current blockchain technologies, a top official at Hedera said.

ByteDance launches new search engine in China

Mon, 08/12/2019 - 17:45
ByteDance, the owner of short-video app TikTok, has launched a new search engine in China, entering a sector currently dominated by Baidu Inc. 

China's sovereign digital currency is 'almost ready': PBOC official

Mon, 08/12/2019 - 16:18
China's central bank is "almost ready" to issue the country's own sovereign digital currency, a senior central bank officer said.

China new-energy vehicle sales drop for first time in over two years

Mon, 08/12/2019 - 13:58
Sales of new energy vehicles (NEVs) in China fell 4.7% in July from a year earlier, the first drop in more that two years, data from the country's biggest auto industry association showed.

China July NEV sales down 4.7% year-on-year: industry association

Mon, 08/12/2019 - 13:21
Sales of new energy vehicles (NEVs) in China fell 4.7% in July from a year earlier, the first drop in more two years, data from the country's biggest auto industry association showed.

Russia tells Google not to advertise 'illegal' events after election protests

Mon, 08/12/2019 - 05:04
Russia's state communications watchdog has asked Google to stop advertising "illegal mass events" on its YouTube video platform, it said on Sunday.

Tesla electric car catches fire after hitting tow truck in Moscow

Sun, 08/11/2019 - 20:11
A Tesla electric car caught fire after crashing into a tow truck on a Moscow motorway late on Saturday.

Russia, after protests, tells Google not to advertise "illegal" events

Sun, 08/11/2019 - 19:20
Russia's state communications watchdog said on Sunday it had asked Google to stop advertising "illegal mass events" on its YouTube video platform.

Tesla electric car catches fire after hitting a tow truck in Moscow

Sun, 08/11/2019 - 18:50
A Tesla electric car caught fire after crashing into a tow truck on a Moscow motorway late on Saturday.

China to push to attract more high-tech manufacturers

Sat, 08/10/2019 - 09:45
China will push to attract more high-tech manufacturers to set up in the world's No.2 economy, the nation's commerce ministry said late on Friday, without giving further details.

China's Huawei to invest $800 million in new Brazil factory

Sat, 08/10/2019 - 03:09
Huawei Technologies Co Ltd plans to build an $800 million plant in Brazil's Sao Paulo state over the next three years, the governor said, as the Chinese tech giant ramps up its Latin American presence against U.S. objections.

White House summons tech, social media firms after shootings

Sat, 08/10/2019 - 02:39
White House officials and big social media companies met on Friday to talk about how to curb extremism online after two mass shootings last weekend that killed 31 people in Texas and Ohio.

Walmart tells staff to pull violent video game signage from stores

Sat, 08/10/2019 - 00:19
Walmart Inc said on Friday it has asked employees at its stores in the United States to take down signs and playable demos of violent video games but made no changes to its policy on selling firearms.

Japan's SoftBank chases more deals with Mexican startups

Fri, 08/09/2019 - 23:14
Japan's SoftBank Group Corp is in advanced talks to invest in Mexican used car platform Kavak and financial technology firm Konfio, several people familiar with the matter said, underscoring the company's interest in Mexico as it pours money into Latin America.

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