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Updated: 40 min 27 sec ago

Elon Musk never sought approval for a single Tesla tweet, U.S. SEC tells judge

Tue, 03/19/2019 - 08:56
Chief Executive Elon Musk has never sought pre-approval for a single tweet about Tesla Inc since striking a court-approved deal about how to communicate important information about the electric vehicle maker, the top U.S. securities regulator told a judge on Monday.

South Korea radar and thermal camera system warns 'smartphone zombies' of traffic

Tue, 03/19/2019 - 07:41
A city in South Korea, which has the world's highest smartphone penetration rate, has installed flickering lights and laser beams at a road crossing to warn "smartphone zombies" to look up and drivers to slow down, in the hope of preventing accidents.

Elon Musk tweet about Tesla violates settlement agreement, U.S. regulator tells court

Tue, 03/19/2019 - 07:26
A tweet about Tesla Inc production targets by Elon Musk was "a blatant violation" of a court order to get his written communications pre-approved, U.S. securities regulators told a judge on Monday, doubling down on the government's demand to find the Tesla CEO in contempt of a previous fraud settlement.

Brexit hits ability of UK fintech to lure top talent: report

Tue, 03/19/2019 - 07:12
Leaving the European Union is making it harder for fintech firms in Britain to recruit top talent, a report said on Tuesday, threatening to slam the brakes on a 7 billion pound ($9 billion)growth sector just as EU states step up competition.

Netflix says it will not join Apple TV service

Tue, 03/19/2019 - 07:11
Netflix Inc will not make its programming available through a coming TV service expected to be unveiled by Apple Inc, Netflix Chief Executive Reed Hastings said on Monday.

Nvidia partners with Softbank to deploy cloud gaming servers in Japan

Tue, 03/19/2019 - 06:33
Chip designer Nvidia Corp said on Monday it has partnered with Softbank Group Corp and LG Uplus Corp to deploy cloud gaming servers in Japan and Korea later this year.

Huawei leads Asian domination of U.N. patent applications in 2018

Tue, 03/19/2019 - 06:18
Chinese telecoms giant Huawei led the pack with Asia accounting for more than half of the international patent applications at the World Intellectual Property Organization (WIPO) last year, WIPO said on Tuesday.

U.S. warns Brazil about Huawei and 5G in talks: senior U.S. official

Tue, 03/19/2019 - 03:52
U.S. officials have warned their Brazilian counterparts of their security concerns about Chinese telecom equipment maker Huawei Technologies Co during talks in Washington, a senior American official said on Monday.

Brotherly love at Reliance? India's Mukesh Ambani provides 'support' to brother Anil as debt paid off

Tue, 03/19/2019 - 02:53
The Ambani brothers, whose public feud over control of the Reliance empire after their father's death in 2002 led to a split in the conglomerate, may have taken a major step to a more harmonious relationship on Monday.

Facebook plans more fact-checking ahead of European Parliament election

Tue, 03/19/2019 - 02:04
Facebook plans to ramp up efforts to fight misinformation ahead of the European Parliament election in May and will partner with German news agency DPA to boost its fact-checking, a senior executive said on Monday.

Google seeking to promote rivals to stave off EU antitrust action

Tue, 03/19/2019 - 01:52
Google is trying to boost price comparison rivals such as Kelkoo in an effort to appease European Union antitrust regulators and ward off fresh fines following a 2.4-billion-euro ($2.7 billion) penalty nearly two years ago.

Project Aurora: U.S. government, Intel aim for nation's fastest computer

Tue, 03/19/2019 - 01:44
A U.S. government-led group is working with chipmaker Intel Corp and Cray Inc to develop and build the nation's fastest computer by 2021 for conducting nuclear weapons and other research, officials said on Monday.

GM considers options for its Lyft stake following IPO

Tue, 03/19/2019 - 01:41
As Lyft Inc cruises toward an initial public offering this month, one of the big winners will be General Motors Co, whose stake in the ride-hailing firm could be worth as much as $1.27 billion.

Ride-hailing firm Lyft launches IPO road show in Uber's shadow

Mon, 03/18/2019 - 23:59
Lyft Inc kicked off the investor road show for its initial public offering on Monday, targeting a valuation of up to $23 billion and seeking to woo money managers before larger ride-hailing rival Uber Technologies Inc goes public in April.

India's RCom pays Ericsson, says asset deal with Jio falls through

Mon, 03/18/2019 - 23:31
India's Reliance Communications Ltd (RCom) said on Monday it had paid Sweden's Ericsson for a contract in line with a court order but a deal to sell assets to Reliance Jio Infocomm had fallen through.

Explainer: Germany, at last, launches 5G spectrum auction

Mon, 03/18/2019 - 23:18
Germany begins an auction of spectrum for next-generation 5G mobile networks on Tuesday, the outcome of which will play a decisive role in determining whether Europe's largest economy remains competitive in the digital age.

U.S. firm FIS buys Worldpay for $35 billion in payments deal bonanza

Mon, 03/18/2019 - 21:59
By Justin George Varghese, Rachel Armstrong and Pamela Barbaglia

Tech giants will have to be regulated in future: EU's Timmermans

Mon, 03/18/2019 - 21:52
The European Union and authorities around the world will have to regulate big technology and social media companies at some stage to protect citizens, the deputy head of the European Commission said on Monday.

Apple unveils new iPad, updates Mini ahead of video streaming launch

Mon, 03/18/2019 - 20:58
Apple Inc, in a surprise move on Monday, launched a new 10.5-inch iPad Air and updated its iPad Mini ahead of a March 25 event where it is expected to launch a television and video service.

India's RCom pays 4.6 billion rupees owed to Sweden's Ericsson

Mon, 03/18/2019 - 20:01
Ericsson has received 4.62 billion rupees ($67.42 million) from Indian telecoms firm Reliance Communications Ltd (RCom), the Swedish company said on Monday, potentially saving billionaire Anil Ambani and two RCom directors from a jail term.

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