Technology / Media / Telecoms

Tesla slashes Model Y SUV price as pandemic weighs on auto sector

Tesla slashes Model Y SUV price as pandemic weighs on auto sector

Published 12/07/2020

(Reuters) - Tesla Inc (TSLA.O) cut the price of its sport utility vehicle Model Y by $3,000, just four months after its launch, as the [more…]

Reliance’s digital unit wins Qualcomm backing in boost to 5G plans

Reliance’s digital unit wins Qualcomm backing in boost to 5G plans

Published 12/07/2020

NEW DELHI (Reuters) - India’s Reliance Industries said on Sunday Qualcomm Inc’s investment arm will buy a 0.15% stake in its digital unit Jio Platforms [more…]

Huawei to request UK to delay 5G network removal – The Times

Huawei to request UK to delay 5G network removal – The Times

Published 12/07/2020

(Reuters) - China’s Huawei Technologies has requested a meeting with UK Prime Minister Boris Johnson to work out a deal to delay its potential removal [more…]

CoreLogic rejects $7 billion takeover bid from investment firms

CoreLogic rejects $7 billion takeover bid from investment firms

Published 07/07/2020

(Reuters) - Property data and analytics company CoreLogic rejected an unsolicited $7 billion takeover offer from two investment firms on Tuesday, saying it expected to [more…]

Italian cabinet approves ‘mother of all reforms’ to slash red tape

Italian cabinet approves ‘mother of all reforms’ to slash red tape

Published 07/07/2020

ROME (Reuters) - The Italian government approved a package of measures on Tuesday aimed at cutting the complicated red tape that has long been blamed [more…]

UK decision on Huawei not set in stone, British minister says

UK decision on Huawei not set in stone, British minister says

Published 06/07/2020

LONDON (Reuters) - Britain’s decision to allow China’s Huawei to play a limited role in building its 5G network is not “fixed in stone” and [more…]

Fujitsu to halve office space in three years citing ‘new normal’

Fujitsu to halve office space in three years citing ‘new normal’

Published 06/07/2020

TOKYO (Reuters) - Japan’s Fujitsu Ltd (6702.T) said on Monday it would halve its office space in three years as it rewrites the way employees [more…]

Uber, Postmates agree on $2.65 billion all-stock deal: Bloomberg News

Uber, Postmates agree on $2.65 billion all-stock deal: Bloomberg News

Published 06/07/2020

(Reuters) - Ride-sharing company Uber Technologies Inc has agreed on a deal to buy food-delivery app Postmates Inc in a $2.65 billion all-stock agreement, Bloomberg [more…]

France won’t ban Huawei, but encouraging 5G telcos to avoid it: report

France won’t ban Huawei, but encouraging 5G telcos to avoid it: report

Published 05/07/2020

PARIS (Reuters) - The head of the French cybersecurity agency ANSSI said there would not be a total ban on using equipment from Huawei in [more…]

TikTok distances from Beijing in response to India app ban

TikTok distances from Beijing in response to India app ban

Published 03/07/2020

NEW DELHI (Reuters) - Social media app TikTok distanced itself from Beijing after India banned 59 Chinese apps in the country, according to a correspondence [more…]