Today News


Google to invest $550 million in Chinese e-commerce giant JD.com

Reuters / Technology

SINGAPORE (Reuters) - Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.


China's Huawei blasts Australian security concerns amid Sino-Canberra tensions

Reuters / Technology

SYDNEY (Reuters) - Chinese telecoms equipment maker Huawei Technologies Co Ltd said Australian claims it poses a security risk are "ill-informed" as it published an open letter on Monday that threatens to inflame already heightened Sino…


Exclusive: Mellanox nears truce with Starboard over board seats - sources


NEW YORK (Reuters) - Mellanox Technologies Inc , a chipmaker based in Israel and the United States, is close to reaching a deal with activist investor Starboard Value LP over the composition of its board of directors, people familiar with…


China's Huawei goes on offensive as exclusion from Australia 5G deal looms

Reuters / Technology

SYDNEY (Reuters) - Chinese telecommunications company Huawei Technologies Co Ltd [HWT.UL] has gone on the offensive against Australian claims it poses a security risk, issuing an open letter to the government saying that view was "ill…


The bigger Cryptocurrencies get, the worse they perform: BIS


LONDON (Reuters) - Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank of International Settlements (BIS)said on Sunday in its latest…

Sunday, Jun 17


South Africa's Liberty Holdings suffers cyber attack


JOHANNESBURG (Reuters) - South African insurer Liberty Holdings said on Sunday it had become the victim of a cyber attack after an external party claimed to have seized data from the firm and demanded payment.


Texas researchers seek to redefine whiskey

A master distiller and a crop scientist who specializes in corn breeding are working on a project they hope one day will make whiskey drinkers think of Texas in the same way as lovers of American wine think of California.

BIS wants tighter rules for funds offering credit, fintech


LONDON (Reuters) - Regulations introduced after the financial crisis a decade ago to smooth out banking booms and busts should be extended to funds that provide credit, or shadow banks, and fintech firms, the Bank for International…

Saturday, Jun 16


Portugal app empowers disabled to win better access to buildings


LISBON (Reuters) - Fed up with the obstacle course of Lisbon's narrow footways and stairs in doorways, wheelchair user Ricardo Teixeira has taken matters into his own hands, giving disabled people the chance to fight back and instantly…

Foxconn announces North American headquarters in Wisconsin


SHANGHAI (Reuters) - Taiwanese electronics manufacturer Foxconn said it would establish its North American corporate headquarters in Milwaukee, Wisconsin, following the purchase of a building in the city's downtown area.


Apple, Qualcomm battle over possible ban on some U.S. iPhone imports

Reuters / Finance

(Reuters) - The staff of the U.S. International Trade Commission on Friday recommended that a trade judge find that Apple Inc infringed at least one of Qualcomm Inc's patents, a move that could lead to blocking the import of some iPhones.

Friday, Jun 15


Video game influencers scout hot new titles at Los Angeles conference


LOS ANGELES (Reuters) - Video game influencers scoured the industry's massive trade show this week to find the hottest new titles, looking for material to fuel their careers playing video games for online audiences.

AT&T CEO says ready to invest, WarnerMedia rebranding unveiled

Reuters / Finance

(Reuters) - AT&T Inc is committed to spend as much as needed on the media business of newly acquired Time Warner Inc, Chief Executive Randall Stephenson told CNBC on Friday, with a plan to invest $21 billion to $22 billion in the combined…

WRAPUP 5-Trump sets tariffs on $50 bln in Chinese goods; Beijing strikes back

Reuters / World

WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world's two largest economies showed signs of…

Trump sets $50 billion in China tariffs; Beijing vows to strike back


WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smouldering trade war between the world's two largest economies showed signs of…

UPDATE 1-Apple poaches senior self-driving engineer from Waymo


(Reuters) - Apple Inc has hired a senior self-driving car engineer from Alphabet Inc's Waymo unit, Apple said on Friday, a sign that the iPhone maker maintains autonomous vehicle ambitions.


Qualcomm-NXP deal still waiting for China nod

Reuters / Technology

China is yet to approve U.S. chipmaker Qualcomm's $44 billion big for NXP Semiconductors, Reuters sources said, dismissing an earlier media report that said Beijing had already greenlit the deal. Fred Katayama reports.


WRAPUP 4-Trump sets $50 bln in China tariffs with Beijing ready to strike back

Reuters / Finance

WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world's two…

Chinese ride-sharing giant Didi picks Australia for first Western foray


SYDNEY/SHANGHAI (Reuters) - Didi Chuxing Technology Co Ltd, the Chinese ride-sharing company that bought the mainland operations of Uber Technologies Inc, will begin offering its service this month in Australia, its first foray in a…

Sprint, T-Mobile plan to file deal application to FCC on Monday

Reuters / Technology

WASHINGTON (Reuters) - Wireless companies Sprint Corp and T-Mobile US Inc have informed the Federal Communications Commission that they will formally file an application asking for approval to merge on Monday, according to a document seen…

Stephen Hawking's voice rests in space


As Stephen Hawking is laid to rest at Westminster Abbey, the European Space Agency has an especially fitting tribute ready: Beaming his words of peace toward a black hole 3,000 light years away.


Compound to treat Alzheimer's shows promise in mice


Researchers at The Rockefeller University in New York have made a component, RU-505, which can be used to slow the progression of Alzheimer's disease in mice. Roselle Chen reports.


Comcast gains unconditional EU antitrust approval to buy Sky

Reuters / Finance

BRUSSELS (Reuters) - EU antitrust regulators have given the green light to U.S. cable company Comcast's plan to acquire European pay-TV group Sky without demanding concessions.

With jobs short but power cheap, Kosovars get mining - cryptocurrency


PRISTINA/SARAJEVO (Reuters) - What do you do in Kosovo, one of Europe's poorest countries, if you're unemployed but young, computer-savvy and proficient in English? If you're also entrepreneurial, one cottage industry you might consider is…


Carrefour boss hails progress in e-commerce strategy


PARIS (Reuters) - Carrefour's new alliances with tech giants Google and China's Tencent show the French retailer's e-commerce offensive is making big progress, chief executive Alexandre Bompard told shareholders on Friday.

Hong Kong scientists say new research points to universal antibody drug for HIV


HONG KONG (Reuters) - A team of AIDS researchers in Hong Kong says its new research, tested on mice, indicates a functional cure for HIV, the virus that causes AIDS, eventually leading to a new antibody that could be used for both…


Trump announces 25 percent tariff on Chinese technology


WASHINGTON (Reuters) - President Donald Trump on Friday announced that the United States will implement a 25 percent tariff on $50 billion of goods from China related to intellectual property and technology, and pledged to impose further…


Qualcomm extends cash tender offer to buy NXP shares


(Reuters) - Qualcomm Inc has extended by a week its cash tender offer to buy all shares of NXP Semiconductors NV for $44 billion, the chipmaker said on Friday.

Carrefour boss says e-commerce strategy starting to bear fruit


PARIS (Reuters) - Carrefour boss Alexandre Bompard on Friday told shareholders that new alliances with tech giants Google and China's Tencent showed the French retailer's e-commerce offensive was making an impact.

Chinese cyberattacks on Taiwan government becoming harder to detect - source


TAIPEI (Reuters) - Cyberattacks from China on Taiwan's government computers are becoming more difficult to detect, a source close to government discussions said, as hackers increasingly use online platforms such as search engines to break…