A Garmin GPS watch is shown on a display at a store in Encinitas, California, U.S., October 30, 2017. REUTERS/Mike Blake (Reuters) – Garmin Ltd reported quarterly results that beat Wall Street estimates on Wednesday on the back of higher demand for its smartwatches and navigation systems and forecast full-year revenue above expectations. Shares of the
Technology
BEIJING/SHANGHAI (Reuters) – China’s top content regulator has asked local authorities to stop submitting requests to monetize new video games while it processes a backlog of applications built up after a lengthy pause last year, three people with knowledge of the matter said. FILE PHOTO: A man plays a computer game at an internet cafe
FILE PHOTO: The entrance sign to Facebook headquarters is seen in Menlo Park, California, on Wednesday, October 10, 2018. REUTERS/Elijah Nouvelage/File Photo BRUSSELS (Reuters) – Facebook is not currently in EU regulators’ crosshairs but it may well be in future because of the crucial role played by data, Europe’s antitrust chief said on Tuesday. European
People walk by a video display promoting 5G connectivity at the Qualcomm booth during the 2019 CES in Las Vegas, Nevada, U.S. January 8, 2019. REUTERS/Steve Marcus (Reuters) – Qualcomm Inc on Tuesday introduced its second-generation of so-called modem chips to connect phones to 5G networks, speeding up the race around faster wireless data connections
(Reuters) – Huawei founder Ren Zhengfei said on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng Wanzhou, was politically motivated. FILE PHOTO: Meng Wanzhou, Huawei Technologies Co Ltd’s chief financial officer (CFO), is seen in this undated handout photo obtained by Reuters December 6, 2018. Huawei/Handout via REUTERS “Firstly, I object
CAIRO (Reuters) – 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. A man walks near a banner of ride-sharing app Uber during a news conference in Cairo, Egypt, December 4, 2018. REUTERS/Lena Masri
(Reuters) – 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. The logo of China’s Huawei Technologies shines in the bright sun over the headquarters of
LONDON (Reuters) – 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. FILE PHOTO: A woman looks at the Facebook logo on an iPad in this
FILE PHOTO : A woman sits next to a salesperson at a Huawei shop in Bangkok, Thailand, January 30, 2019. REUTERS/Athit Perawongmetha/File Photo (Reuters) – The British government has decided it can mitigate the risks arising from the use of Huawei Technologies Co Ltd in 5G networks, the Financial Times reported on.ft.com/2DLcuFG on Sunday, citing
FILE PHOTO: German Finance Minister Olaf Scholz attends a media briefing during his visit to Beijing, China, January 17, 2019. REUTERS/Thomas Peter BERLIN (Reuters) – German Finance Minister Olaf Scholz plans to extend tax incentives for electric company cars, he told a newspaper on Saturday, the government’s latest attempt to boost demand for clean vehicles.
FILE PHOTO: Rep. Alexandria Ocasio-Cortez (D-NY) looks on during a march organised by the Women’s March Alliance in the Manhattan borough of New York City, U.S., January 19, 2019. REUTERS/Caitlin Ochs/File Photo WASHINGTON (Reuters) – A senior Amazon.com Inc executive on Friday disputed claims raised by Representative Alexandria Ocasio-Cortez that Amazon workers face “dehumanizing conditions”
DETROIT/SAN FRANCISCO (Reuters) – Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant’s biggest bet on technologies with potential to reshape the automotive sector. FILE PHOTO: Rivian introduces R1T all-electric pickup truck at Los Angeles Auto Show in Los
SANTIAGO/BUENOS AIRES (Reuters) – Chinese ride-hailing giant Didi Chuxing is planning to take on U.S. rival Uber in some of Latin America’s fastest-growing markets, recruiting managers in Chile, Peru and Colombia, according to job postings and a company official. FILE PHOTO: The logo of Didi Chuxing is seen at a Didi station in Beijing, China
TORONTO (Reuters) – Alphabet Inc’s Sidewalk Labs unit is proposing it get a share of property taxes, development fees, and the rising value of Toronto city land as part of a deal to build a smart city, according to the company’s slide presentation made public on Friday. Waterfront buildings, part of a proposed redevelopment of
FRANKFURT (Reuters) – Hellman & Friedman and Blackstone have won over Scout24 after raising their offer for the online classifieds group to 5.7 billion euros ($6.4 billion) including debt, setting up the biggest takeover of a listed German company by private equity. The investors said in a statement on Friday that Scout24’s management and supervisory
SAN FRANCISCO/NEW YORK (Reuters) – Lyft Inc will pitch investors on its fast growth in the United States as it seeks to beat out Uber Technologies Inc to become the first publicly listed ride-hailing company, according to people familiar with the matter. Lyft plans to tell investors its U.S. market share is approaching 40 percent,
(Reuters) – More than a year of work to bring Amazon.com Inc’s headquarters and tens of thousands of jobs to New York City ended on Thursday with a couple of phone calls. A delivery person pushes a cart full of Amazon boxes in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid Jay Carney, the
TEL AVIV (Reuters) – Israeli networking software company DriveNets said on Thursday it raised $110 million in its first round of financing led by Bessemer Venture Partners and Israel’s Pitango Growth, with the participation of several private investors. The new financing will help the company expand its product portfolio and penetrate new markets, it said.
ALPHARETTA, Ga. (Reuters) – Jeff Leonard slides behind the wheel of his burgundy Hyundai Accord and heads to a nearby Walmart Inc store, where he picks up the package of groceries waiting for him. Roughly an hour later, the 62-year-old delivers vegetables, flavored water and cleaning supplies to a shopper’s front door. It is one
FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo (Reuters) – Elon Musk’s Tesla Inc on Wednesday launched a safety feature called “sentry mode” for its electric cars, as it attempts to make its vehicles more attractive to buyers. The
FILE PHOTO: A European Union flag flutters outside the EU Commission headquarters in Brussels, Belgium June 20, 2018. REUTERS/Yves Herman/File Photo BRUSSELS (Reuters) – The European Union is set to rewrite its two decades-old copyright rules to ensure a level playing field between its creative industries and tech giants such as Google and Facebook, after
JAKARTA (Reuters) – An Instagram account displaying comic strips depicting the struggles faced by gay Muslim men was removed on Wednesday after authorities labeled it “pornographic” and threatened to block the platform. Silhouettes of mobile users are seen next to a screen projection of Instagram logo in this picture illustration taken March 28, 2018. REUTERS/Dado
(Reuters) – Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that would value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion, people familiar with the matter told Reuters on Tuesday. FILE PHOTO: The logo of Amazon is seen at the
MOSCOW (Reuters) – Russian lawmakers backed tighter Internet controls on Tuesday to defend against foreign meddling in draft legislation that critics warn could disrupt Russia’s Internet and be used to stifle dissent. FILE PHOTO: People are silhouetted as they pose with laptops in front of a screen projected with binary code and a Russian national
BERLIN (Reuters) – The German government will consult further with telecoms operators and vendors before deciding whether to let Chinese firms such as Huawei Technologies participate in building future 5G mobile networks, a senior source said. FILE PHOTO: The Huawei booth is pictured at the sponsors’ area during the Christian Democratic Union (CDU) party congress
SAN FRANCISCO (Reuters) – A U.S. judge on Monday rejected a bid by two civil rights groups that had sought to force the release of documents describing a secret U.S. government effort to compel Facebook Inc to decrypt voice conversations between users on its Messenger app. Silhouettes of laptop users are seen next to a
BUDAPEST (Reuters) – Secretary of State Mike Pompeo warned U.S. allies on Monday against deploying equipment from Chinese telecoms gear manufacturer Huawei on their soil, saying it would make it more difficult for Washington to “partner alongside them”. The United States and its Western allies believe Huawei Technologies’ apparatus could be used for espionage, and
MUMBAI (Reuters) – Facebook Inc is expanding its fact-checking network in India to curb the spread of misinformation as the world’s largest democracy prepares for a general election that must be held by May, the U.S.-based social media giant said on Monday. FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection
FALMOUTH, England (Reuters) – Can robots be creative? British gallery owner Aidan Meller hopes to go some way towards answering that question with Ai-Da, who her makers say will be able to draw people from sight with a pencil in her bionic hand. A woman interacts with Ai-Da, a humanoid robot capable of drawing people
FILE PHOTO: The logo of Airbnb is displayed at an Airbnb event in Tokyo, Japan, June 14, 2018. REUTERS/Issei Kato/File Photo PARIS (Reuters) – The City of Paris is suing Airbnb for publishing 1,000 illegal rentals adverts, which could cost the American rental website more than 12.5 million euros ($14 million), the mayor of Paris
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