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Exclusive: Baidu, JD.com to join others investing $12 billion in China Unicom - sources

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HONG KONG (Reuters) - Baidu Inc and JD.com will join other big Chinese technology firms, including Tencent Holdings , to jointly invest about $12 billion into state-owned mobile carrier China Unicom, two people with direct knowledge of the…

FTC probing allegations of Amazon's deceptive discounting

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WASHINGTON (Reuters) - As part of its review of Amazon's agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source close to the…

U.S. Justice Department shuts down dark web bazaar AlphaBay

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WASHINGTON (Reuters) - The U.S. Justice Department said on Thursday it had shut down the dark web marketplace AlphaBay, working with international partners to knock offline the site accused of allowing a global trade in drugs, firearms,…

UPDATE 1-Tech group sides with Apple in Qualcomm's iPhone ban dispute

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(Reuters) - A group representing major technology companies has aligned itself against Qualcomm Inc in its legal dispute with Apple Inc by calling on regulators to reject Qualcomm's bid to ban the import of iPhones.

Top Stories in last day

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Vodafone beats expectations with 'robust' performance

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LONDON (Reuters) - Vodafone, the world's second largest mobile operator, reported better-than-expected 2.2 percent revenue growth in its first quarter, reflecting a robust performance in Italy and Spain and an acceleration in demand in…

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UPDATE 1-Permira joins payments rush by buying into Sweden's Klarna

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LONDON (Reuters) - Private equity group Permira has bought a stake of at least 10 percent in payments firm Klarna, one of Europe's most highly valued tech startups, the companies said on Friday.

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China aims to become world leader in AI, challenges U.S. dominance

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BEIJING/SHANGHAI (Reuters) - China has outlined plans to become a world-leader in artificial intelligence by 2025, laying down a challenge to U.S. dominance in the sector amid heightened international tensions over military applications of…

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UPDATE 4-Microsoft profit beats expectations on strong cloud demand

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SAN FRANCISCO (Reuters) - Microsoft on Thursday reported strong fourth-quarter earnings on the back of its fast-growing cloud computing business, stoking optimism that the once-stagnant company has found a new groove.

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UPDATE 4-Musk touts approval of New York-Washington 'hyperloop'

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SAN FRANCISCO/WASHINGTON (Reuters) - Tech entrepreneur Elon Musk on Thursday said he had received "verbal" approval to start building an ultra-high-speed underground transport system linking New York and Washington that would cut travel…

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Moscow in talks with U.S. to create cyber working group - RIA report

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MOSCOW/LONDON/WASHINGTON (Reuters) - Moscow and Washington are in talks to create a joint cyber security working group, Russia's RIA news agency reported on Thursday, citing Andrey Krutskikh, a special presidential envoy on cyber security.

Sears to sell Kenmore appliances on Amazon; shares jump

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(Reuters) - Sears Holdings Corp's shares soared as much as 24 percent after the struggling retailer said it would sell its Kenmore home appliances on Amazon.com and integrate the brand's smart gadgets with the online giant's Alexa digital…

22

Snap under pressure as Wall Street eyes share lock-up expirations

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SAN FRANCISCO (Reuters) - A potential flood of newly available Snap shares is weighing on Wall Street's already shaky support for the owner of the Snapchat social media app.

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Amid VPN crackdown, China eyes upgrades to Great Firewall

BEIJING (Reuters) - A Chinese telecoms carrier said it had begun closing virtual private networks (VPNs) and other tools that can bypass the so-called Great Firewall, which state authorities use to filter and block traffic between Chinese…

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Russia says in talks with U.S. to create cyber security working group - RIA

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MOSCOW (Reuters) - Moscow and Washington are in talks to create a joint cyber security working group, RIA news agency reported on Thursday, citing Russia's special envoy on cyber security Andrey Krutskikh.

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Space drone reveals first images

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Imagery recorded by a space drone controlled remotely from the ground has been released by JAXA. Jim Drury reports.

Thursday, Jul 20

Maersk applies new IT security systems after malware attack

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COPENHAGEN (Reuters) - A.P. Moller-Maersk said on Thursday its anti-virus software was not effective against a new type of malware that hit the Danish shipping giant last month, but said further protective measures have now been put in…

BlackBerry wins right to sell secure messaging tools to U.S. govt

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TORONTO (Reuters) - BlackBerry Ltd said on Thursday it has won the right to sell tools for encrypting phone calls and text messages to the U.S. federal government, garnering an endorsement from the National Security Agency for the products.

UPDATE 2-Qualcomm's profit forecast disappoints as Apple battle takes toll

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(Reuters) - Qualcomm Inc forecast fourth-quarter profit below analysts' estimates as the company's escalating patent battle with Apple Inc continues to take a toll on its licensing business.

UPDATE 1-Four Apple contractors accuse Qualcomm of antitrust violations

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(Reuters) - iPhone chip supplier Qualcomm Inc faces a new set of antitrust allegations from a group of four companies that assemble the iPhone and other products on behalf of Apple Inc .

Wednesday, Jul 19

Facebook in talks with publishers on supporting subscription models

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(Reuters) - Facebook Inc is in early talks with several news publishers about how its social media site can better support subscription business models, the company's head of news partnerships, Campbell Brown, said in a statement on…

Amazon launches shopping social network Spark for iOS

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NEW YORK (Reuters) - Amazon.com Inc has launched a social feature called Spark that allows members to showcase and purchase products on its platforms, the retail giant's first clear move into the world of social media.

Austrian activist, 25,000 supporters seek right to bring class-action suit against Facebook

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LUXEMBOURG (Reuters) - The Court of Justice of the European Union (ECJ) heard arguments on Wednesday over whether to allow a class action suit against Facebook, brought by Austrian privacy activist Max Schrems - and about 25,000 other…

Google redesigns mobile search app with personalized 'feed'

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SAN FRANCISCO (Reuters) - Google on Wednesday announced an overhaul of its search app on mobile phones to include a personalized feed of links about hobbies, travel, sports and other topics, a move that puts the search company into more…

Tuesday, Jul 18

Netflix wins international Crown with original shows

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(Reuters) - Twenty years after Reed Hastings co-founded Netflix Inc , and a decade after the company introduced video streaming, it hit another milestone - one that is key to its ability to sustain its scorching pace of growth.

Toshiba shares jump by almost a fifth after Greenlight stake, court hearing

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TOKYO (Reuters) - Toshiba Corp shares jumped by nearly a fifth on Tuesday after a U.S. hedge fund said it had added a stake and the Japanese conglomerate avoided an immediate court injunction on a planned $18 billion sale of its chip…

Major tech firms, internet providers clash over U.S. net neutrality rules

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WASHINGTON (Reuters) - Tech companies clashed with internet service providers on Monday over whether a landmark 2015 net neutrality order barring the blocking or slowing of web content should be scrapped by the U.S. Federal Communications…

Netflix beats subscriber targets, shares jump over 10 percent

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(Reuters) - Netflix Inc crushed Wall Street forecasts by adding 5.2 million new streaming customers in the second quarter and predicted continued momentum as foreign subscriptions topped those in the United States, lifting its stock 10.4…

Monday, Jul 17

Qualcomm loses appeal against EU threat of daily fine

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BRUSSELS (Reuters) - U.S. chipmaker Qualcomm faces the threat of a daily fine of 580,000 euros ($665,000) for failing to provide EU antitrust regulators with information after losing an appeal against the penalty in a European Union court…

UPDATE 2-FedEx says cyber attack to hurt full-year results

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(Reuters) - Package delivery company FedEx Corp said a disruption in services in its TNT Express unit following a cyber attack last month would hurt its full-year results.

UPDATE 1-Uber suspends ride-sharing services in Macau

HONG KONG (Reuters) - Uber Technologies Inc will suspend its services in Macau from July 22 as it has not been able to unlock the full benefits of ride sharing in the gambling hub, in another blow to the firm that is fighting legal…

Global cyber attack could spur $53 billion in losses - Lloyd's of London

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(Reuters) - A major, global cyber attack could trigger an average of $53 billion of economic losses, a figure on par with a catastrophic natural disaster such as U.S. Superstorm Sandy in 2012, Lloyd's of London said in a report on Monday.