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Japan’s exports slip for eighth month, sales to China drop as…

TOKYO (Reuters) – Japan’s exports slipped for an eighth month in July, while manufacturers’ confidence turned negative for the first time in over six years as China-bound sales slumped again in a fresh sign the Sino-U.S. trade war could tip the economy into re... More »

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Exclusive: U.S. set to give Huawei another 90 days to buy from…

SINGAPORE/WASHINGTON (Reuters) – The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with t... More »

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Britain is turbo-charging no-deal Brexit preparations: foreign…

LONDON (Reuters) – Britain is turbo-charging its no-deal Brexit preparations and will be ready to leave the European Union with or without a deal on Oct. 31, Foreign Secretary Dominic Raab said on Monday. Raab, an avowed Brexiteer, said the “undemocratic” Iris... More »

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U.S. Department of Justice approves T-Mobile, Sprint tie-up

WASHINGTON (Reuters) – The U.S. Justice Department said it was greenlighting T-Mobile US Inc’s request to acquire rival Sprint Corp after the companies agreed to divest Sprint’s prepaid businesses including Boost Mobile to Dish Network Corp in an effort to cre... More »

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Huawei to invest $3.1 billion in Italy, add 1,000 jobs in three…

MILAN (Reuters) – China’s Huawei Technologies will invest $3.1 billion in Italy over the next three years, the chief executive of the telecoms giant’s Italian unit, Thomas Miao, said on Monday. Speaking at an event in Milan, Miao said Huawei would add 1,000 jo... More »

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Norway’s Telenor warns on second quarter profit after error at…

OSLO (Reuters) – Norwegian telecoms group Telenor (TEL.OL) said its second-quarter earnings would take a hit from “errors” discovered at Grameenphone GRAE.DH, its Bangladeshi telecoms division. “Grameenphone has discovered some erroneous omissions with regards... More »

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Exclusive: U.S. firms may get nod to restart Huawei sales in…

WASHINGTON (Reuters) – The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in a sign President Donald Trump’s recent effort to ease restrictions on the Chinese company coul... More »

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South Korea’s Moon urges Japan to remove export curbs

SEOUL (Reuters) – South Korea’s President Moon Jae-in has urged Japan to withdraw export controls on high-tech materials bound for South Korea as a row over forced wartime labor threatened to disrupt global supplies of South Korean memory chips and smartphones... More »

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In jab at U.S., China vice president says world cannot shut China out

BEIJING (Reuters) – China and the rest of the world must co-exist, Chinese Vice President Wang Qishan said on Monday, in an indirect jab at the United States with which Beijing is currently trying to resolve a bitter trade war. “China’s development can’t shut ... More »

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TIM to extend 5G services to six more Italian cities by year-end

ROME (Reuters) – Italy’s biggest phone company, Telecom Italia (TIM), plans to extend 5G services to six more Italian cities as well as dozens of tourist spots and business hubs by the end of the year. The former monopoly unveiled its 5G mobile services plan o... More »

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Sweden to investigate telecom operator Tele2’s June network outage

STOCKHOLM (Reuters) – Sweden launched an inquiry on Friday into a national network outage at telecoms company Tele2 (TEL2b.ST) in June that knocked out voice calls for a many private customers and companies for several hours. Tele2, Sweden’s second-largest tel... More »

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Google internet balloon spinoff Loon still looking for its wings

SAN FRANCISCO (Reuters) – Google’s bet on balloons to deliver cell service soon faces a crucial test amid doubts about the viability of the technology by some potential customers. Loon says its balloons will reach Kenya in the coming weeks for its first commer... More »

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Factbox: Inside Loon’s internet balloon venture

SAN FRANCISCO (Reuters) – Alphabet Inc (GOOGL.O) through Google and other subsidiaries has invested heavily over the last decade to make high-speed internet accessible to billions more people. Instead of costly rollouts of cell towers or fiber cables, it has c... More »

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White House official: New sales to China’s Huawei to cover only…

WASHINGTON (Reuters) – President Donald Trump’s decision to allow expanded sales of U.S. technology supplies to Chinese telecommunications giant Huawei will only apply to products widely available around the world, and leave the most sensitive equipment off li... More »

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U.S. explores requiring domestic 5G equipment to be made outside…

(Reuters) – U.S. President Donald Trump is looking to require next-generation 5G cellular equipment used in the United States to be designed and manufactured outside China, the Wall Street Journal reported on Sunday, citing people familiar with the matter. As ... More »

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Huawei says U.S. ban hurting more than expected, to wipe $30…

HONG KONG (Reuters) – China’s Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company’s founder and CEO Ren Zhengfei said, and slashed revenue expectations for the year. Ren’s downbeat assessment that the ban will hit reven... More »

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Senator Rubio targets Huawei over patents

WASHINGTON (Reuters) – U.S. Senator Marco Rubio filed legislation on Monday that would prevent Huawei Technologies Co Ltd from seeking damages in U.S. patent courts, after the Chinese firm demanded that Verizon Communications Inc pay $1 billion to license the ... More »

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U.S. chipmakers quietly lobby to ease Huawei ban

SAN FRANCISCO/WASHINGTON (Reuters) – Huawei’s American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people f... More »

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Australian regulator slaps stricter conditions on AMP’s pension…

SYDNEY (Reuters) – Australia’s banking watchdog on Friday said it had imposed stricter licensing conditions on AMP Ltd’s pension fund units following concerns regarding its compliance with superannuation laws, sending its shares down more than 4%. The move com... More »

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Exclusive: Some big tech firms cut employees’ access to Huawei,…

NEWPORT BEACH, Calif./NEW YORK (Reuters) – Some of the world’s biggest tech companies have told their employees to stop talking about technology and technical standards with counterparts at Huawei Technologies Co Ltd in response to the recent U.S. blacklisting... More »

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White House seeks delay on Huawei ban for contractors

WASHINGTON (Reuters) – The White House Office of Management and Budget has asked the U.S. Congress for more time to phase in a ban on federal contracts with companies that do business with Chinese telecom giant Huawei, part of a defense law passed last year. T... More »

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UK mobile operator Three to launch 5G broadband in August

LONDON (Reuters) – UK mobile operator Three on Monday said it would launch its first new-generation 5G broadband service in London in August and would roll out mobile and broadband across 25 towns and cities before the end of the year. Three, which is owned by... More »

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China calls in foreign tech firms after Huawei sales ban: sources

BEIJING (Reuters) – China summoned global technology companies for talks last week following last month’s U.S. ban on selling technology to China’s Huawei Technologies Co Ltd, two people familiar with the matter told Reuters on Sunday. The blacklisting of Huaw... More »

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Mnuchin says Trump could ease up on Huawei if trade talks advance

(Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Sunday that President Donald Trump might ease U.S. restrictions on Huawei if there was progress in the trade row with China – but absent a deal, Washington would maintain tariffs to cut its deficit. “I... More »

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Huawei trade secrets lawsuit opens in Texas amid spying allegations

(Reuters) – Huawei Technologies, the Chinese telecommunications equipment supplier fighting a U.S. sales ban, kicks off a trade secrets lawsuit in the United States on Monday against a former employee who has sought to turn the case into a referendum on Huawei... More »

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U.S.-based engineers’ body lifts curbs on Huawei employees

SHANGHAI (Reuters) – The Institute of Electrical and Electronics Engineers (IEEE) said on Monday curbs on employees of Huawei Technologies and its subsidiaries have been lifted, and they would be allowed to participate in a peer review process for its research... More »

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Japan to limit foreign ownership of firms in its IT, telecom sectors

TOKYO (Reuters) – Japan’s government said on Monday that high-tech industries will be added to a list of businesses for which foreign ownership of Japanese firms is restricted. The new rule, effective Aug. 1, comes amid heightening pressure from the United Sta... More »

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Huawei founder says he would oppose Chinese retaliation against…

(Reuters) – Huawei Technologies’ founder and Chief Executive Ren Zhengfei told Bloomberg bloom.bg/2HT7DUY that retaliation by Beijing against Apple Inc was unlikely and that he would oppose any such move from China against the iPhone maker. When asked about ca... More »

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Huawei shipments could fall by up to a quarter this year: analysts

HONG KONG/SHANGHAI (Reuters) – China’s Huawei, hit by crippling U.S. sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said. Smartphone sh... More »

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Huawei unwanted: Asian shops shun phone trade-ins on Google…

SINGAPORE/MANILA (Reuters) – Mobile phone retailers in some Asian countries are refusing to accept Huawei devices for trade-ins, as more consumers look to offload their device on worries Google suspending business with the Chinese firm will disrupt services. G... More »

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Huawei puts Honor above Android at new smartphone launch

LONDON (Reuters) – Huawei put uncertainty over the future of its devices business to one side on Tuesday with the launch of new Honor smartphones, in a confident display of the Chinese firm’s technology. The world’s second-biggest phone maker runs its devices ... More »

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Infineon suspends shipments to Huawei: Nikkei

FRANKFURT (Reuters) – German chipmaker Infineon has suspended shipments to Huawei Technologies, in a sign that Washington’s crackdown on the Chinese tech company is beginning to hamper its supplies beyond the United States, Nikkei Asian Review reported on Mond... More »

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Huawei CFO house arrest contrasts with Canadians detained in China

TORONTO (Reuters) – Huawei Chief Financial Officer Meng Wanzhou described her house arrest in Vancouver as “restricted to a limited space” even as she spent her past six months in a six-bedroom, multi-million dollar Canadian home. Meng, 47, has access to top l... More »

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Exclusive: Google suspends some business with Huawei after Trump…

NEW YORK (Reuters) – Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on S... More »

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Exclusive: U.S. may scale back Huawei trade restrictions to help…

(Corrects title in 17th paragraph of this May 17 story to say “Chief Financial Officer” Meng Wanzhou, not “Chief Executive Officer”.) By Karen Freifeld (Reuters) – The U.S. Commerce Department said on Friday it may soon scale back restrictions on Huawei Techno... More »

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High winds force SpaceX to postpone first launch of Starlink…

CAPE CANAVERAL, Fla. (Reuters) – Billionaire Elon Musk’s SpaceX postponed a planned Wednesday night blastoff of a Falcon 9 rocket carrying the first 60 satellites for his new Starlink internet service, citing excessive winds over the Florida launch site. Launc... More »

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SpaceX postpones satellite launch in Florida due to high winds

CAPE CANAVERAL, Fla. (Reuters) – Elon Musk’s SpaceX postponed its planned Wednesday night blastoff of a Falcon 9 rocket carrying the first cluster of satellites for his new Starlink internet service, citing excessive winds over the Florida launch site. The mis... More »

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Your money: Should you pay to stop phone spam?

NEW YORK (Reuters) – If your phone log is anything like mine, the list of incoming scam calls makes it look like you work for the State Department: Sri Lanka, Lithuania, Russia, Bosnia, Benin, Croatia and Sierra Leone. And if you are anything like me, the thou... More »

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AT&T’s Mexico unit loses class action lawsuit to consumer watchdog

MEXICO CITY (Reuters) – Mexico’s consumer watchdog, Profeco, said on Friday it won a class-action lawsuit against the local unit of U.S. telecommunications giant AT&T Inc for undue charges and poor service. Profeco said that in 2013 it sued telecommunications ... More »

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U.S. investor awarded $75 million in cryptocurrency crime case

NEW YORK (Reuters) – U.S. entrepreneur and cryptocurrency investor Michael Terpin won $75.8 million in a civil judgment against a 21-year-old man who Terpin said was part of a scheme that defrauded him of digital currencies, court documents showed on Friday. C... More »

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Facebook’s Zuckerberg hails French hate speech plan as EU model

PARIS (Reuters) – Facebook’s Mark Zuckerberg hailed France’s efforts to regulate hateful content online as a model for the European Union after meeting President Emmanuel Macron in Paris on Friday. His comments come after the U.S. social media giant was heavil... More »

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Vodafone presses Germany for more help in broadband rollout: Welt…

BERLIN (Reuters) – Vodafone wants the German government to facilitate the rollout of ultrafast fiber broadband connections to homes and businesses by investing in the “last mile” of networks, the company’s Germany chief was quoted saying. Germany has been slow... More »

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UK police will not probe sacked defense minister over Huawei leak

LONDON (Reuters) – British police will not investigate the sacked defense minister, Gavin Williamson, after a senior officer said the information that was leaked about Chinese telecoms company Huawei was too minor to count as a criminal offence. Prime Minister... More »

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Wealth clients willing to pay for financial advice, 33% switch…

(Reuters) – Wealth management clients are increasingly willing to pay for financial advice as their needs evolve, choosing an average of five providers, with one-third switching managers in the past three years, global wealth consultant EY said on Tuesday. The... More »

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Huawei first-quarter revenue grows 39 percent to $27 billion amid…

HONG KONG (Reuters) – Huawei Technologies said on Monday its first-quarter revenue jumped 39 percent to 179.7 billion yuan ($26.81 billion), in the Chinese technology firm’s first-ever quarterly results. The Shenzhen-based firm, the world’s biggest telecoms eq... More »

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China refuses to concede on U.S. demands to ease curbs on tech…

(Reuters) – Ahead of fresh high-level trade talks this week, China is not conceding to U.S. demands to ease curbs on technology companies, the Financial Times reported on Sunday, citing three people briefed on the discussions. U.S. Trade Representative Robert ... More »

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Singtel signs deal to expand mobile wallet alliance to Japan

SINGAPORE (Reuters) – Singapore Telecommunications Ltd said on Monday it has signed a partnership to enable the use of its cross-border mobile wallet platform in Japan, as the telecom operator moves ahead with its digital payments expansion. The partnership wi... More »

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Apple infringed three Qualcomm patents, jury finds

(Reuters) – Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. Qualcomm last ye... More »

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Huawei CFO suing Canada over December arrest

OTTAWA (Reuters) – The lawyers for Huawei Chief Financial Officer Meng Wanzhou are suing the Canadian government, its border agency and federal police, alleging their client was detained, searched and interrogated for three hours in violation of her constituti... More »

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Airbus, OneWeb aim for new satellite era with first launch

SEATTLE/PARIS (Reuters) – A rocket carrying six satellites built by Airbus SE and partner OneWeb blasted off from French Guiana on Wednesday, the first step in a plan to give millions of people in remote and rural areas high-speed internet beamed down from spa... More »

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Australia’s TPG to take $163 million in writedowns after halts…

(Reuters) – Australia’s TPG Telecom Ltd said on Tuesday it will take A$228 million ($163 million) in writedowns in its first-half results after halting its mobile network rollout due to a ban on the use of equipment from Huawei Technologies Co Ltd. TPG said la... More »

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Car industry will be big 5G customer down the road, says SEAT

BARCELONA (Reuters) – Carmakers will be big customers for next-generation telecoms networks, helping to justify investment in 5G, but need to be more innovative if the technology is to take off, Spain’s SEAT said on Monday. The deployment of 5G promises to lin... More »

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Look but don’t touch as smartphone’s flexible future unfolds

BARCELONA (Reuters) – Flexible and folding formats framed the future of smartphones this week as manufacturers focused on new forms in an effort to jolt the market out of uniformity and re-invigorate sales. But anyone hoping to tap or swipe Huawei’s Mate X, a ... More »

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Man receives under-skin chip implant live at mobile show

BARCELONA (Reuters) – A man volunteered to have a chip inserted under his skin live on stage at a trade fair in Barcelona on Monday, and another man who had already undergone the procedure showed off how he could make a payment with it using his smartphone. Ed... More »

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Indonesia police apologise for using snake in Papua interrogation

JAKARTA (Reuters) – Indonesian police have apologised and pledged disciplinary action after officers draped a live snake around the neck of a suspect to persuade him to confess during an interrogation session in the easternmost area of Papua. A video circulate... More »

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German authorities probe potential Huawei security risks: Funke

BERLIN (Reuters) – Germany’s federal cybersecurity agency is investigating whether China’s Huawei Technologies could be a security threat after warnings from other countries, the Funke group of newspapers reported on Friday, citing Economy Minister Peter Altma... More »

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Swisscom, Sunrise, Salt pay $380 million for Swiss 5G frequencies

ZURICH (Reuters) – Swisscom, Sunrise and Salt have paid a relatively modest 380 million Swiss francs ($379 million) for fifth-generation wireless frequencies that will tighten their grip on the Swiss mobile market. The three were able to secure an attractively... More »

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Jeff Bezos’ Blue Origin signs launch deal with Canada’s Telesat

ORLANDO, Fla. (Reuters) – Jeff Bezos’ rocket company, Blue Origin, has signed a deal with Canada’s Telesat to launch part of a satellite constellation aimed at providing speedy internet access to governments and businesses globally, the companies said on Thurs... More »

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Russian rocket glitch to delay satellite launch for U.S. startup…

MOSCOW (Reuters) – The launch of a Russian Soyuz rocket set to carry satellites into space for U.S startup OneWeb has been delayed after an anomaly was discovered on the rocket, company chairman Greg Wyler said on Thursday. The rocket was set to take off next ... More »

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China deletes ‘malicious’ mobile apps

(This January 24 story corrects throughout to say that the “Fruit Ninja” game deleted by the CAC was not developed by iDreamSky Technology Holdings Ltd, nor distributed by Tencent.) BEIJING (Reuters) – China’s cyber watchdog said on Thursday it has deleted clo... More »

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Samsung to launch India-first smartphones to counter Chinese rivals

MUMBAI (Reuters) – Samsung (005930.KS) plans to launch a budget smartphone series in India ahead of a global release, aiming to regain ground ceded to Chinese rivals such as Xiaomi (1810.HK) in the world’s second-biggest mobile phone market. The South Korean c... More »

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Exclusive: New documents link Huawei to suspected front companies…

LONDON/HONG KONG (Reuters) – The U.S. case against the chief financial officer of China’s Huawei Technologies, who was arrested in Canada last month, centers on the company’s suspected ties to two obscure companies. One is a telecom equipment seller that opera... More »

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Exclusive: White House mulls new year executive order to bar…

WASHINGTON (Reuters) – President Donald Trump is considering an executive order in the new year to declare a national emergency that would bar U.S. companies from using telecommunications equipment made by China’s Huawei and ZTE, three sources familiar with th... More »

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Huawei expects 2018 revenue to rise 21 percent despite…

HONG KONG (Reuters) – Huawei Technologies [HWT.UL] is expected to record a 21 percent jump in revenue for 2018 to $109 billion, its rotating chairman said, marking the Chinese tech giant’s fastest pace of business growth in two years despite heightened global ... More »

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White House adviser says deal with China difficult without deep…

WASHINGTON (Reuters) – The United States and China might not reach a trade deal at the close of a 90-day negotiating window unless Beijing can agree to a profound overhaul of its economic policies, White House trade adviser Peter Navarro said. In an interview ... More »

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Ivory Coast painter gives new life to e-waste

ABIDJAN (Reuters) – Desire Koffi often walks through Koumassi, a popular district of Ivory Coast’s main city Abidjan, to collect old mobile phones that he buys from people for 500 CFA francs ($0.8726) a pair. Back home, the 24-year-old Ivorian artist dismantle... More »

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Huawei CFO bail hearing to resume in Canada as Beijing steps up…

TORONTO/BEIJING (Reuters) – A top executive of Chinese tech giant Huawei Technologies is due back in a Canadian court on Monday where she’ll fight for her freedom with the help of pressure from Beijing against prosecutors’ claims she cannot be trusted. Huawei ... More »

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Chinese state media distance Huawei arrest from U.S. trade talks

BEIJING (Reuters) – Chinese state media on Monday denounced the arrest of a top executive at tech giant Huawei HWT.UL, but did not link it to talks to resolve a trade dispute with the United States, an apparent effort not to undermine prospects for a deal. Sen... More »

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SoftBank’s record IPO reaches $23.5 billion after extra share sale

TOKYO (Reuters) – SoftBank Group Corp (9984.T) is set to raise 2.65 trillion yen ($23.5 billion) in Japan’s biggest-ever IPO – a share sale widely regarded as finalizing the group’s transition from domestic telco to a monolithic global tech investor. Telco uni... More »

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U.S. says March 1 ‘hard deadline’ for trade deal with China

WASHINGTON (Reuters) – Unless U.S.-China trade talks wrap up successfully by March 1, new tariffs will be imposed, U.S. Trade Representative Robert Lighthizer said on Sunday, clarifying there is a “hard deadline” after a week of seeming confusion among Preside... More »