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Science platform ResearchGate launches COVID-19 community

BERLIN (Reuters) – ResearchGate, a social network site for scientists and researchers, has launched a new forum to facilitate collaboration between COVID-19 experts on research into beating the flu-like disease caused by the novel coronavirus. The site here de... 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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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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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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Sovereign wealth fund appetite for investing in start-ups wanes

LONDON (Reuters) – Sovereign wealth fund investment in venture capital deals slipped to its lowest level in six years in 2019, with the drop-off deepening in the months after WeWork’s planned share sale failed, data showed on Friday. Sovereign wealth-backed ve... 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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WarnerMedia to reunite ‘Friends’ in HBO Max special

(Reuters) – WarnerMedia is reuniting its “Friends” cast for an untitled, unscripted special for its upcoming streaming service, HBO Max, the company said on Friday. AT&T Inc’s (T.N) WarnerMedia said series stars Jennifer Aniston, Courteney Cox, Lisa Kudrow, Ma... 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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U.S. officials to visit Britain, pushing for Huawei 5G ban

LONDON (Reuters) – A delegation of U.S. officials will arrive in Britain on Monday to try to persuade Britain not to use Huawei equipment in the upgrade of its telecoms network, two people with knowledge of the matter said on Sunday. Britain is expected to mak... More »

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China launches gigantic telescope in hunt for life beyond earth

SHANGHAI (Reuters) – China on Saturday officially opened operations of the world’s largest radio telescope, which it will use for space research and help in the hunt for extraterrestrial life, the official Xinhua news agency reported. The Five-hundred-meter Ap... More »

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Board member overseeing Wirecard audit elected chairman

BERLIN (Reuters) – The board member overseeing an outside audit of Wirecard has been elected as chairman of the German payments company as it battles allegations of fraud and false accounting that have hit its share price. Thomas Eichelmann, a former chief fin... More »

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Huawei should be allowed 5G role in Italy: Industry minister

ROME (Reuters) – Chinese telecoms firm Huawei should be allowed a role in Italy’s future 5G network, the Italian industry minister said on Sunday after an influential parliamentary committee called on Rome to block the company. The United States has lobbied It... More »

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Twitter suspends accounts linked to Saudi spying case

SAN FRANCISCO (Reuters) – Weeks after U.S. authorities brought a spying case against three Saudi nationals for digging up dissidents’ personal data at Twitter, the company suspended tens of thousands of accounts that appear to be linked to one suspect’s compan... More »

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Telenor says Huawei will still play role in 5G rollout

BRUSSELS (Reuters) – Telenor (TEL.OL) reiterated on Sunday Huawei would be involved in building Norway’s 5G network along with Ericsson (ERICb.ST), one of several companies to continue working with the Chinese company despite U.S. pressure. Still, on Friday, t... More »

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Facebook, privacy activist Schrems battle nears end on Dec. 19

BRUSSELS (Reuters) – Austrian privacy activist Max Schrems’ seven-year battle against Facebook reaches a crucial point on Dec. 17 when an adviser to Europe’s top court will issue his view on whether tools used by companies to transfer data abroad are legal or ... More »

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Researchers criticize AI software that predicts emotions

SAN FRANCISCO (Reuters) – A prominent group of researchers alarmed by the harmful social effects of artificial intelligence called Thursday for a ban on automated analysis of facial expressions in hiring and other major decisions. The AI Now Institute at New Y... More »

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Amazon to open new office in Manhattan in 2021

(Reuters) – Amazon.com Inc said on Friday it would open a new office in New York’s Manhattan to house its consumer and advertising teams. The office will open in 2021 and accommodate more than 1,500 employees, the company said. In February, Amazon scrapped its... More »

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Elon Musk: About 150,000 orders thus far for Tesla Cybertruck

(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Saturday that there have been about 150,000 orders thus far for the electric carmaker’s Cybertruck, which was unveiled late on Thursday. “146k Cybertruck orders so far, with 42% choosing dual, 41... More »

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Crypto backed by crypto: Dai seeks to change ‘stablecoin’ game

LONDON (Reuters) – Some are backed by dollars. Others by gold. But this “stablecoin” isn’t tied to any major asset – it’s backed by another cryptocurrency. Stablecoins, such as Facebook’s (FB.O) Libra, are a new breed of cryptocurrencies that aim to escape the... More »

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TikTok owner ByteDance plans to launch music streaming: FT

(Reuters) – TikTok owner Beijing ByteDance Technology Co Ltd is in talks with big music labels – Universal Music, Sony Music and Warner Music – for global licensing deals to include their songs on its new music subscription service, the Financial Times reporte... More »

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Video game ‘Legends’ do battle for $1 million

PARIS (Reuters) – Two teams of young video gamers from Europe and China will do virtual battle on Sunday – and there’s more than $1 million at stake. The teams will fight it out in blockbuster online game “League of Legends”, in a contest drawing millions of v... More »

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Gojek CEO quits to join Indonesian cabinet, replacements named

JAKARTA (Reuters) – Gojek CEO and co-founder Nadiem Makarim said on Monday he had resigned to join Indonesia’s cabinet, and the ride-hailing and payments company said two senior officials would jointly take over running operations of the $10 billion firm. Pres... More »

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SAP in three-year cloud partnership with Microsoft

BERLIN (Reuters) – Business software group SAP said on Monday it had reached a three-year deal with Microsoft to help its large enterprise customers move their business processes into the cloud. The partnership, called “Embrace”, will help clients to run opera... More »

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Facebook’s Libra announces board as support shrinks further

LONDON/SAN FRANCISCO (Reuters) – Backers of Facebook Inc’s (FB.O) Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging off the latest member defection by online travel company Booking Holding earlier in t... More »

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Spider-Man to keep swinging in Marvel’s movie universe

LOS ANGELES (Reuters) – Spider-Man, the popular web-slinging superhero currently played by actor Tom Holland, will headline a new movie in 2021 and appear in a future Marvel Studios film under a deal announced Friday by Sony Corp (6758.T) and Walt Disney Co (D... More »

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Disney CEO Bob Iger resigns from Apple board as TV battle looms

(Reuters) – Apple Inc (AAPL.O) said on Friday that Walt Disney Co (DIS.N) Chief Executive Officer Bob Iger had resigned from the company’s board of directors on Sept. 10 as the two companies prepare to compete head-to-head in the streaming television business.... More »

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Google to pay up to $200 million to FTC on YouTube probe: source

WASHINGTON (Reuters) – Alphabet Inc’s Google will spend up to $200 million to settle a Federal Trade Commission investigation into YouTube’s alleged violation of a children’s privacy law, a person briefed on the matter told Reuters. Politico reported the settl... More »

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China to exempt Tesla cars from 10% purchase tax

BEIJING (Reuters) – China will exempt Tesla Inc’s (TSLA.O) electric vehicles from its purchase tax, the Ministry of Industry and Information Technology (MIIT) said on Friday, a concession made amidst trade tensions with the United States. Tesla sees China as o... More »

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German cartel office to take Facebook case to High Court

BERLIN (Reuters) – Germany’s cartel office said on Monday it would appeal a regional court decision to suspend restrictions it had placed on Facebook’s data collection practices to the country’s highest court. A court in Duesseldorf had earlier suspended a Feb... More »

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Uber appoints new UK boss as London licence renewal nears

LONDON (Reuters) – Uber (UBER.N) appointed a new boss for Britain and Ireland on Monday just over a month before its licence expires in London, one of its most important global markets where the regulator has previously stripped it of its right to operate. Tra... More »