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Nintendo game pulled from Chinese platforms after Hong Kong protest

HONG KONG (Reuters) – A Nintendo Switch video game has been pulled off China’s grey market e-commerce platforms, Reuters’ checks show, after Hong Kong activist Joshua Wong used the game to protest against Beijing’s rule of the Chinese territory. The game, “Ani... More »

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Indonesia leans on healthtech startups to cope with virus surge

JAKARTA (Reuters) – As coronavirus cases surge in Indonesia, doctors are working double-time treating patients both at hospitals and online through healthtech startups – an approach that is quickly becoming part of the national healthcare system. Doctor Mohamm... More »

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Uber to give drivers millions of face masks to battle coronavirus

(Reuters) – Uber Technologies Inc (UBER.N) on Thursday said it plans to ship millions of face masks to its active drivers and food delivery people around the world to help prevent the spread of the novel coronavirus. The ride-hailing company’s vice president o... More »

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Tesla engineers show ventilator prototype on YouTube

NEW YORK (Reuters) – Engineers at Tesla Inc (TSLA.O) showed a prototype for a ventilator on Sunday evening in a video published on the company’s YouTube channel, as hospitals around the country overwhelmed by coronavirus patients face device shortages. The des... More »

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Tesla cuts contractors from California, Nevada factories: CNBC

(Reuters) – Tesla Inc (TSLA.O) is cutting contractors from its U.S. car and battery plants, CNBC reported on Friday, citing workers and a contract staffing agency. The electric carmaker is axing contractors at both its vehicle assembly plant in Fremont, Califo... More »

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Two U.S. state AGs seek info on Zoom’s privacy practices

(Reuters) – At least two U.S. state attorneys have sought information from Zoom Video Communications Inc following multiple reports that questioned the privacy and security of the video-conferencing app. Zoom’s popularity has surged as employees at businesses,... More »

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Europe’s north-south lockdown divide revealed by Google data

BERLIN (Reuters) – Italy and Spain, the two European countries hardest hit by the new coronavirus, have enforced the most drastic lockdowns to curb the pandemic but one country, Sweden, stands out for allowing life to go on much as before, Google data show. An... More »

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SoftBank’s Son tests state of emergency appetite via Twitter poll

TOKYO (Reuters) – SoftBank Group Corp founder and CEO Masayoshi Son on Friday began polling his Twitter followers over whether a state of emergency should be declared, as the number of people in Tokyo infected with the coronavirus continues to rise. Son also d... More »

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Coronavirus threatens to knock South Korea off 5G leadership perch

SEOUL (Reuters) – South Korea is struggling to retain its lead in global next-generation 5G telecom services, as the coronavirus pandemic further cools sentiment of consumers whose interest in the technology has waned due to cost and quality concerns. The Asia... More »

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U.S. SEC delays ruling on controversial NYSE high-speed data plan

NEW YORK (Reuters) – The U.S. Securities and Exchange Commission said it needs more time to decide whether to allow a plan by the New York Stock Exchange to offer a new high-speed wireless connection to the exchange that some brokers have blasted as anti-compe... More »

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Netflix leads on downloads, but YouTube Kids grabs more hours

(Reuters) – Netflix Inc led rivals YouTube, Amazon Prime and Disney+ with over 59 million installs in the first quarter of 2020, but more time was spent on YouTube’s Kids service as usage boomed following the shutdown of thousands of schools in March. YouTube,... More »

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Disney+ content to make exclusive Middle East debut on OSN

DUBAI (Reuters) – Walt Disney Co’s (DIS.N) Disney+ content will be available for the first time in the Middle East and North Africa on regional pay television and online streaming service provider OSN from April 9. Dubai-headquartered OSN has signed a “long-te... More »

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Mother of invention: the new gadgets dreamt up to fight coronavirus

LONDON/OAKLAND/BUCHAREST (Reuters) – Driving to work at his factory to the west of London last week, designer Steve Brooks had coronavirus on his mind. What could he make that would let him open a door without touching the handle? “Everyone has to use their li... More »

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China’s Geely warns of virus headwind after 35% 2019 profit drop

BEIJING (Reuters) – China’s Geely Automobile Holdings Ltd (0175.HK) on Monday said 2020 may be “amongst the most difficult years” in its history, as pressure stemming from the coronavirus pandemic on production and sales is likely to persist in the near future... More »

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UK broadband providers lift data caps during coronavirus crisis

Britain’s big telecoms providers have agreed to remove all data caps on fixed-line broadband services that have become a lifeline for people isolated at home during the coronavirus crisis, the government said on Sunday. The companies, which include BT (BT.L), ... More »

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Microsoft to divest AnyVision stake, end face recognition investing

(Reuters) – Microsoft Corp on Friday said it would sell its stake in AnyVision, an Israeli facial recognition startup, and said it no longer would make minority investments in companies that sell the controversial technology. The decision marks a policy change... More »

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Apple works with White House to release ‘COVID-19’ app, website

(Reuters) – Apple Inc and the White House said on Friday that the iPhone maker worked with the Trump administration and federal agencies to release an app and website that will direct users to guidance from the Centers for Disease Control on the disease caused... More »

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Bought enough toilet paper? Check this online calculator

FRANKFURT (Reuters) – Worried about whether you have enough toilet paper for the coronavirus lockdown? A German website can tell you how long your supply will last. Toilet paper has become one of the commodities shoppers across the world have hoarded as the co... More »

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Google exploring using location info to slow coronavirus spread

WASHINGTON (Reuters) – Alphabet Inc’s Google is exploring ways to use location information to slow the spread of the coronavirus by, for example, determining the effectiveness of social distancing. U.S. Senator Ed Markey, who has long championed consumer priva... More »

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Tesla to temporarily suspend production at Fremont factory

(Reuters) – Tesla Inc said on Thursday it has decided to temporarily suspend production at its Fremont factory from Tuesday. The factory in New York will also suspend production, it said. Source: https://www.reuters.com/article/us-health-coronavirus-tesla/tesl... More »

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Starboard nominates four to eBay’s board, wants outsider as CEO

(Reuters) – Activist investor Starboard Value is pressuring eBay for the second time in two years and said on Thursday that it plans to install four directors on the e-commerce company’s 14-member board. The hedge fund, which last year helped fill one board se... More »

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Google says it is developing a nationwide coronavirus website

WASHINGTON (Reuters) – Alphabet’s Google (GOOGL.O) said on Saturday that it was working with the U.S. government to develop a nationwide website that would help Americans with questions about coronavirus symptoms, risk factors and testing. “We are fully aligne... More »

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Jack Ma donates two million masks for coronavirus crisis in Europe

BRUSSELS (Reuters) – Chinese billionaire and Alibaba co-founder Jack Ma has pledged to donate two million protective masks for distribution across Europe, with a first consignment arriving in Belgium late on Friday. A cargo plane loaded with 500,000 masks and ... More »

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Nokia appoints Fortum CEO Lundmark to replace Suri from September

HELSINKI (Reuters) – Nokia Chief Executive Rajeev Suri will step down in September and be replaced by Pekka Lundmark, who used to work for the Finnish company and is the current CEO of energy group Fortum, Nokia said on Monday. Suri has been in the role for si... More »

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Samsung starts building $220 million R&D center in Vietnam

HANOI (Reuters) – Samsung Electronics has started building a $220 million research and development center in Vietnam, the South Korean tech giant’s local unit said on Monday. But a ground-breaking ceremony, scheduled for this past Saturday, was canceled becaus... More »

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Switzerland files criminal complaint over Crypto spying scandal

VIENNA (Reuters) – The Swiss government has filed a criminal complaint over the U.S. Central Intelligence Agency’s alleged use of a cryptography company as a front to spy on various governments’ secret communications, the Swiss attorney general’s office said o... More »

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Small miners hungry for fresh capital despite rampant EV enthusiasm

TORONTO – Small miners hoping to take advantage of demand for battery metals are struggling to convert electric vehicle aficionados into investors, compounding the sector’s funding constraints even as analysts predict a long-term shortage of the raw materials ... More »

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Elliott targets Twitter, seeking CEO Dorsey’s removal: sources

(Reuters) – Hedge fund Elliott Management Corp has amassed a stake in Twitter Inc (TWTR.N) and is pushing for changes, including removal of the social media company’s chief executive, Jack Dorsey, two people familiar with the matter said on Friday. Twitter is ... More »

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No global digital tax by end-2020 would mean chaos: France

RIYADH (Reuters) – Failure to reach a global deal on where and how much to tax digital giants such as Google (GOOGL.O), Amazon (AMZN.O) or Facebook (FB.O) would result in many digital tax regimes emerging all over the world, France’s Finance Minister said on S... More »

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Japan criticizes U.S. digital tax proposal at G20

RIYADH (Reuters) – Japanese finance minister Taro Aso criticized on Sunday a U.S. tax reform proposal that he said could undermine global efforts to agree new rules on taxing big tech companies. The Organisation for Economic Cooperation and Development(OECD) i... More »

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Hughes fears Indian closure, bank disruptions over unpaid fees

NEW DELHI (Reuters) – U.S. satellite broadband provider Hughes Network Systems may have to shut its Indian operations due to unpaid levies owed to the government, which could put thousands of banking services at risk, a company letter seen by Reuters showed. I... More »

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Malaysia to choose 5G partners based on own security standards

KUALA LUMPUR (Reuters) – Malaysia’s own security standards will dictate which companies take part in its planned 5G rollout this year, its communications minister told Reuters on Monday, as the United States pushes countries to exclude China’s Huawei [HWT.UL].... More »

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UK digital bank Monzo plans to hire 500 and relaunch paid accounts

LONDON (Reuters) – Fast-growing British digital bank Monzo plans to hire up to 500 people and forecasts it will get 5.5 million users this year, as it prepares to have another crack at charging some customers to turn a profit. The loss-making firm has burned t... More »

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New York drops fight against T-Mobile-Sprint merger

NEW YORK (Reuters) – New York on Sunday dropped its fight against the $40 billion merger of U.S. wireless carriers T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N), saying the state would not appeal a judge’s approval of the deal. New York Attorney General Letit... More »

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Amazon, Flipkart seek rollback of new Indian tax on online sellers

NEW DELHI (Reuters) – Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to documents se... More »

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Thailand raises $3.2 billion at 5G license auctions

BANGKOK (Reuters) – Thailand’s telecoms regulator raised 100.52 billion baht ($3.2 billion) in 5G spectrum auctions on Sunday, with operators snapping up 48 licenses ahead of an expected commercial rollout later this year. Thailand’s top mobile operator, Advan... More »

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Toyota-Panasonic venture to start EV battery development in April

TOKYO (Reuters) – Toyota Motor Corp (7203.T) and Panasonic Corp (6752.T) have agreed to set up a joint venture that will begin developing electric vehicle (EV) batteries from April, as the Japanese companies gear up for an expected surge in demand. The new com... More »

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Toyota uses big data to guard against accelerator-brake mix-up

TOKYO (Reuters) – Toyota Motor Corp unveiled an emergency safety system on Monday that uses big data to ignore the accelerator if it determines the driver steps on the pedal unintentionally. Japan’s biggest car maker will roll out what it calls an “accelerator... More »

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China’s CATL signs battery supply agreement with Tesla

SHANGHAI (Reuters) – China’s top electric vehicle battery maker CATL (300750.SZ) said on Monday it has signed a battery supply agreement with Tesla (TSLA.O). Tesla will determine the battery purchase volume between July 2020 and June 2022, according to its own... More »

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WeWork names real estate industry veteran Mathrani as CEO

(Reuters) – Softbank (9984.T)-backed office sharing firm WeWork named real estate industry veteran Sandeep Mathrani as its new chief executive on Saturday. Mathrani will join the company as the CEO from Feb. 18, 2020 and will report to Marcelo Claure, who will... More »

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WeWork inks office space deal with SoftBank-backed Gympass: sources

NEW YORK (Reuters) – WeWork has signed a deal to provide space to 250 employees of gym membership app company Gympass in New York, the latest example of the U.S. office-sharing start-up’s majority owner, SoftBank Group Corp, using its connections to buoy its b... More »

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French central banker says digital currency cannot be private

PARIS (Reuters) – Digital currency could be useful as cash transactions dwindle in some countries but central banks should be in charge of issuing it, not private companies, Bank of France Governor Francois Villeroy de Galhau said on Saturday. Spurred by the r... More »

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China calls on Canada to release Huawei executive Meng

BEIJING (Reuters) – China urged Canada on Monday to release detained Huawei Technologies executive Meng Wanzhou as soon as possible. Foreign ministry spokesman Geng Shuang, who made the comments at a daily briefing on Monday, also said that Canada should corre... More »

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Tencent says to step up investment overseas and in smart retail

BEIJING (Reuters) – Chinese tech giant Tencent Holdings said it will step up its investment overseas and in industries such as “smart retail”, having already invested in more than 800 companies. Those firms include 70 listed companies and over 160 are valued a... More »