BEIJING (Reuters) – China’s foreign ministry on Monday said it had never heard of any country having a security problem with Huawei Technologies Co Ltd [HWT.UL], after a top executive of the telecoms giant was arrested in Canada. Ministry spokesman Lu Kang mad... More »
HONG KONG (Reuters) – Chinese artificial intelligence provider Megvii Inc, commonly known as Face++, is targeting to raise $500 million in a new funding round that pegs the current valuation of the firm at $3.5 billion, people with knowledge of the matter said... More »
TORONTO/BEIJING (Reuters) – The CFO of China’s Huawei Technologies Co Ltd [HWT.UL] argued that she should be released on bail while awaiting an extradition hearing, citing her longstanding ties to Canada, properties she owns in Vancouver and fears for her heal... More »
TORONTO (Reuters) – A top executive of China’s Huawei Technologies Co Ltd [HWT.UL] argued that she should be let out on bail while awaiting an extradition hearing due to severe hypertension and fears for her health while incarcerated in Canada, court documents... More »
(Reuters) – The arrest in Canada of a top Chinese technology executive for possible extradition to the United States has roiled markets and cast doubt on a recent U.S.-China trade truce. Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou, who is a... More »
VANCOUVER/LONDON (Reuters) – Huawei Technologies Co Ltd’s chief financial officer faces U.S. accusations that she covered up her company’s links to a firm that tried to sell equipment to Iran despite sanctions, a Canadian prosecutor said on Friday, arguing aga... More »
TEL AVIV (Reuters) – Online payment company PayU, a subsidiary of Naspers (NPNJn.J), said on Monday it agreed to acquire Israeli payment technology provider Zooz to support its expansion in high-growth markets. PayU’s statement, which confirmed an earlier repo... More »
HONG KONG (Reuters) – Shares of China’s ZTE Corp rose as much as 3.8 percent in Hong Kong on Monday after U.S. lawmakers cut measures from a defense bill that would have reinstated sanctions on the telecommunications equipment maker. The move lifts uncertainty... More »
(Reuters) – Nokia has signed a one billion euro ($1.17 billion) deal to support China Mobile, the Finnish network gear maker said on Tuesday. Under the terms of the one-year deal, which was signed at Sino-German Economic Forum, Nokia will provide the Chinese o... More »
TOKYO (Reuters) – SoftBank Group (9984.T) is increasing its stake in Yahoo Japan (4689.T) through a $2 billion, three-way deal with U.S. firm Altaba (AABA.O) to deepen ties with the internet heavyweight ahead of an IPO of its telecoms unit. The transaction, wi... More »
MELBOURNE/SYDNEY (Reuters) – Chinese telecommunications equipment maker Huawei Technologies Co Ltd [HWT.UL] is the biggest corporate sponsor of overseas travel for Australian politicians, according to an analysis of travel disclosure registers by an Australian... More »
HONG KONG (Reuters/IFR) – Chinese smartphone and connected device maker Xiaomi plans to raise up to 30 percent of its blockbuster $10 billion IPO by selling shares in mainland China while offering the remainder in Hong Kong, said people with knowledge of the m... More »
WASHINGTON (Reuters) – President Donald Trump named Geoffrey Starks as his pick to become a member of the Federal Communications Commission for the remainder of a five-year term ending June 30, 2022, the White House said on Friday. Starks, who currently serves... More »
(This May 25 story corrects first name of Capital Markets Authority CEO to Paul, not Peter, paragraph 29) By Maggie Fick and Omar Mohammed NAIROBI (Reuters) – Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile m... More »
WASHINGTON (Reuters) – The U.S. Federal Communications Commission said on Friday it was referring reports that a website flaw could have allowed the location of mobile phone customers to be tracked to its enforcement bureau to investigate. A security researche... More »
WASHINGTON (Reuters) – U.S. lawmakers on Tuesday rejected any plan by President Donald Trump to ease restrictions on China’s ZTE Corp (000063.SZ), calling the telecommunications firm a security threat and vowing not to abandon legislation clamping down on the ... More »
SYDNEY (Reuters) – Google is under investigation in Australia following claims that it collects data from millions of Android smartphones users, who unwittingly pay their telecom service providers for gigabytes consumed during the harvesting, regulators said o... More »
CAPE CANAVERAL, Fla. (Reuters) – A last-minute technical glitch prompted SpaceX on Thursday to postpone for at least 24 hours the first commercial flight of its updated Falcon 9 rocket, a launch vehicle tailored for eventual crewed missions into orbit. The roc... More »
CAPE CANAVERAL, Fla. (Reuters) – SpaceX on Thursday aborted the launch of its planned first commercial flight of an updated Falcon 9 rocket from the Kennedy Space Center in Florida, on a mission to carry a satellite into orbit for the government of Bangladesh.... More »
WASHINGTON (Reuters) – The U.S. National Security Agency collected 534 million records of phone calls and text messages of Americans last year, more than triple gathered in 2016, a U.S. intelligence agency report released on Friday said. The sharp increase fro... More »
WASHINGTON (Reuters) – Lawyers for the U.S. Justice Department and AT&T (T.N) will give closing arguments on Monday in a trial to determine if the wireless giant, owner of pay TV provider DirecTV, will be allowed to buy movie and TV show maker Time Warner (TWX... More »
FRANKFURT (Reuters) – Deutsche Telekom (DTEGn.DE) CEO Tim Hoettges expressed confidence on Monday that the $26 billion takeover of Sprint Corp (S.N) by its U.S. unit T-Mobile US (TMUS.O) would clear anti-trust hurdles. Hoettges, speaking after the all-stock de... More »
(Reuters) – SoftBank Group Corp (9984.T) CEO Masayoshi Son has made a name for himself as the ultimate dealmaker, raising almost $100 billion for investments with his Vision Fund. Yet after four years of haggling, he has scored his biggest deal by simply letti... More »
FRANKFURT (Reuters) – Deutsche Telekom (DTEGn.DE) said its leverage would increase beyond its target corridor as a result of the takeover by its unit T-Mobile US (TMUS.O) of Sprint Corp (S.N), but will return to the comfort zone in 2021. Deutsche Telekom’s adj... More »
FRANKFURT (Reuters) – Germany’s regulator is considering requiring cable TV operators to provide network access to third parties, in a shift that could affect talks on a European merger between Vodafone and Liberty Global. The proposed deal’s main prize would ... More »
MILAN (Reuters) – Telecom Italia (TIM) CEO Amos Genish said his position at Italy’s biggest phone group would be “untenable” if activist fund Elliott manages to win the majority of board seats at a shareholder vote on Friday, according to a newspaper interview... More »
(Reuters) – Intel Corp (INTC.O) beat earnings expectations for the first quarter and raised its full-year revenue and profit forecasts on Thursday, driven by the biggest-ever quarterly jump in its data center business and small-but-steady growth in its persona... More »
LUANDA (Reuters) – Russia’s space agency said on Monday that Angola’s first national telecoms satellite, AngoSat-1, was inoperative and Russia would build another one for launch in 2020. Launched in December from the Baikonur cosmodrome in Kazakhstan, the sate... More »
CAPE CANAVERAL, Fla. (Reuters) – SpaceX postponed a planned launch on Monday of a Falcon 9 rocket carrying NASA’s latest planet-hunting satellite for 48 hours, citing problems with a guidance-navigation control system, launch team officials said. Blast-off fro... More »
MOSCOW (Reuters) – Russia’s state telecommunications regulator said on Monday it had begun blocking access to Telegram messenger after the company refused to comply with an order to give Russian state security access to its users’ secret messages. The watchdog... More »
WASHINGTON (Reuters) – U.S. President Donald Trump accused Russia and China on Monday of devaluing their currencies while the United States raises interest rates. “Russia and China are playing the Currency Devaluation game as the U.S. keeps raising interest ra... More »
WASHINGTON (Reuters) – The U.S. Department of Commerce is banning American companies from selling components to Chinese telecom equipment maker ZTE Corp for seven years for violating the terms of a sanctions violation case, U.S. officials told Reuters. The Chi... More »
WASHINGTON (Reuters) – The United States has banned American companies from selling telecommunications equipment to China’s ZTE Corp after the Chinese company illegally shipped telecom equipment to Iran and North Korea, the Commerce Department said on Monday. ... More »
MILAN (Reuters) – Vivendi has been an “awful” investor in Telecom Italia (TIM), Italy’s outgoing Industry Minister Carlo Calenda told daily la Repubblica on Monday, as the French media company fights to keep its grip on Italy’s biggest phone group. “I am in fa... More »
HONG KONG (Reuters) – China’s rising investment in research and expansion of its higher education system mean that it is fast closing the gap with the United States in intellectual property and the struggle to be the No.1 global technology power, according to ... More »
(Reuters) – Facebook Inc (FB.O) has often angered users by its handling of personal information. Almost as often, Chief Executive Mark Zuckerberg has apologized. He did so again on Monday in written testimony to U.S. Congress, and will likely repeat that on Tu... More »
LONDON (Reuters) – A satellite company wants to bring reliable internet to airline passengers worldwide. But some investors don’t seem to be buying it. Inmarsat’s mission to bring wi-fi to passenger jets did instill great faith in some fund managers. But compe... More »
FILE PHOTO: A logo of Germany’s telecommunications giant Deutsche Telekom AG is seen before the company’s annual news conference in Bonn, Germany, March 2, 2017. REUTERS/Wolfgang Rattay/File Photo FRANKFURT (Reuters) – The billionaire founder of United Interne... More »
FILE PHOTO: A sign to the campus offices of chip maker Broadcom Ltd is shown in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake (Reuters) – Broadcom Ltd (AVGO.O) has promised not to sell critical national security assets to foreign buyers if its... More »
A 5G sign is seen during the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman BARCELONA (Reuters) – The telecoms world is gearing up for 5G, the next generation wireless technology that promises to go beyond phones and link up e... More »
A flag with a company logo is seen during satellite launch company Arianespace annual news conference in Paris, France, January 9, 2018. REUTERS/Christian Hartmann FRANKFURT (Reuters) – Planned satellite launches using Europe’s heavy lifter Ariane 5 rocket can... More »
FILE PHOTO: Israel’s Prime Minister Benjamin Netanyahu attends a memorial ceremony for the late prime minister Yitzhak Rabin at Mount Herzl military cemetery in Jerusalem as Israel marks the 22nd anniversary of Rabin’s killing by an ultra-nationalist Jewish as... More »
NAFTA banner is pictured inside a hotel where the seventh round of NAFTA talks involving the United States, Mexico and Canada takes place, in Mexico City, Mexico, March 1, 2018. REUTERS/Edgard Garrido MEXICO CITY (Reuters) – NAFTA negotiators paved the way for... More »
A visitor walks past a mobile mast with an Audi lunar exploration vehicle, a simulation of a Vodafone project to install a 4G mobile phone network on the moon in 2019, during the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman ... More »
BARCELONA (Reuters) – Mobile data will be used in Ghana to track and control epidemics, helping prevent a repeat of the 2014 West Africa Ebola outbreak, in a pioneering program announced by Vodafone Foundation on Monday. The initiative will use aggregated anon... More »
The Sony Xperia XZ2 is seen on display during the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Sergio Perez BARCELONA (Reuters) – Japan’s Sony Corporation (6758.T) is turning its focus to 4K high-definition video recording in its new X... More »
FILE PHOTO: Delta planes line up at their gates while on the tarmac of Salt Lake City International Airport in Utah September 28, 2013. REUTERS/Lucas Jackson/File Photo (Reuters) – European planemaker Airbus SE and U.S.-based Delta Air Lines Inc have formed an... More »
Ericsson Chief Executive Officer Borje Ekholm holds a news conference during the Mobile World Congress in Barcelona, Spain February 26, 2018. REUTERS/Yves Herman BARCELONA (Reuters) – Sweden’s Ericsson, the world’s No.2 maker of mobile network equipment, said ... More »
FILE PHOTO: Labourers work behind an advertisement of Reliance Industries Limited at a construction site in Mumbai, India, March 2, 2016. REUTERS/Shailesh Andrade/File Photo MUMBAI (Reuters) – India’s Reliance Industries Ltd and global technology companies wil... More »
FILE PHOTO: People stand at ZTE’s booth during Mobile World Congress in Barcelona, Spain, February 27, 2017. REUTERS/Paul Hanna/File Photo – RC1E5FFE31F0 BEIJING (Reuters) – Chinese telecoms equipment group ZTE Corp hit back on Thursday against concerns from U... More »
Representation of the Bitcoin virtual currency standing on the PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration WASHINGTON (Reuters) – The Federal Communications Commission said on Thursday an investigation... More »
FILE PHOTO: The SpaceX Falcon 9 rocket, with the Dragon spacecraft onboard, launches from pad 39A at NASA’s Kennedy Space Center in Cape Canaveral, Florida, U.S., June 3, 2017. NASA/Bill Ingalls/Handout/Files via REUTERS WASHINGTON (Reuters) – Elon Musk’s Spac... More »
FILE PHOTO: A sign on the Qualcomm campus is seen, as chip maker Broadcom Ltd announced an unsolicited bid to buy peer Qualcomm Inc for $103 billion, in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake/File Photo (Reuters) – Qualcomm Inc warned... More »
CAPE CANAVERAL, Fla. (Reuters) – The world’s most powerful rocket, SpaceX’s Falcon Heavy, roared into space through clear blue skies on its debut test flight on Tuesday from a Florida launch site in another milestone for billionaire entrepreneur Elon Musk’s pr... More »
A red Tesla Roadster is seen during preparations to use it as a mock payload for the launch of a SpaceX Falcon Heavy rocket, in Cape Canaveral, Florida, U.S. December 6, 2017. Flickr.com/photos/SpaceX via REUTERS. CAPE CANAVERAL, Fla. (Reuters) – A scarlet Tes... More »
FILE PHOTO: A Singtel logo is pictured at their head office in Singapore February 11, 2016. REUTERS/Edgar Su/File Photo SINGAPORE (Reuters) – Singapore Telecommunications (Singtel) said it would spend up to $413 million on shares in India’s Bharti Telecom, lif... More »
Dieter Zetsche, CEO of Mercedes car maker Daimler AG speaks during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 12, 2017. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) – Car and truck maker Daimler on Friday said it was open to considering a br... More »
FILE PHOTO: Sony Corp’s Chief Financial Officer Kenichiro Yoshida attends a news conference at its headquarters in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Japan’s Sony Corp said CEO Kazuo Hirai would be handing over the reins t... More »
FILE PHOTO – Ticker and trading information for media conglomerate Time Warner Inc. is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 21, 2016. REUTERS/Brendan McDermid/File Photo (Re... More »
CAPE CANAVERAL, Fla. (Reuters) – A SpaceX Falcon 9 rocket blasted off from Florida on Wednesday carrying into orbit a Luxembourg-made communications satellite designed in part to expand NATO’s surveillance reach and its capability to deter cyber attacks on all... More »
FILE PHOTO – A video promotes the 5G mobile wireless standard at the Qualcomm booth during the 2017 CES in Las Vegas, Nevada January 6, 2017. REUTERS/Steve Marcus WASHINGTON (Reuters) – President Donald Trump’s national security team is looking at options to c... More »
A logo of Fujitsu Ltd. is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced Technologies) at the Makuhari Messe in Chiba, Japan, October 2, 2017. REUTERS/Toru Hanai (Reuters) – Japan’s Fujitsu Ltd said on Friday it was in talks about selling i... More »
FILE PHOTO: An Intel WLAN wifi component inside a laptop is seen in this illustration photo June 21, 2017. REUTERS/Thomas White/Illustration/File Photo (Reuters) – Intel Corp (INTC.O) on Thursday gave a bullish forecast and blew past Wall Street expectations f... More »
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – SoftBank Group Corp (9984.T) said on Monday it was considering listing its Japanese wirel... More »
KATHMANDU (Reuters) – Nepal has joined hands with China to offer internet services to its citizens, officials said on Friday, ending India’s decades-long monopoly of the Himalayan nation’s cyber connectivity network. For years, Nepal depended on Indian telecom... More »
FILE PHOTO: Visitors try Huawei’s devices during Mobile World Congress in Barcelona, Spain, February 27, 2017. REUTERS/Eric Gaillard/File Photo HONG KONG (Reuters) – Huawei Technologies Co Ltd’s [HWT.UL] planned deal with U.S. carrier AT&T Inc (T.N) to sell it... More »
TEL AVIV (Reuters) – Israel’s Space Communication Ltd, operator of the Amos satellites, said on Tuesday Nepal’s Dish Media Network has contracted for more capacity on the Amos-4 satellite starting in the fourth quarter. The additional capacity will increase Sp... More »
MOSCOW (Reuters) – Russia said on Friday it had re-established contact with Angola’s first national telecoms satellite AngoSat-1. The connection had been lost after the satellite launched from the Baikonur cosmodrome on Tuesday. “Telemetry information received... More »
FILE PHOTO: The Souyz-2 spacecraft with Meteor-M satellite and 18 additional small satellites launches from Russia’s new Vostochny cosmodrome, near the town of Tsiolkovsky in Amur region, Russia November 28, 2017. REUTERS/Stringer MOSCOW (Reuters) – The Kremli... More »
Smartphone screen maker Japan Display Inc said in a statement on Friday that recent reports that it was seeking funds were not true, and that it was seeking a partnership with a "global company". More »
FILE PHOTO: Men try out Xiaomi smartphones at the company’s store in central Kiev, Ukraine May 17, 2017. REUTERS/Valentyn Ogirenko/File Photo HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Inc has told bankers it would top its annual revenue target by a... More »
BERLIN (Reuters) – Europe launched four more Galileo satellites on Tuesday, taking the number in orbit to 22 and moving a step closer to having its own navigation system, lessening its dependence on the U.S. Global Positioning System, or GPS. The satellites bl... More »
MANILA (Reuters) – State-run China Telecom Corp could become the Philippines’ third telecoms player, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost notoriously poor services. Philipp... More »
New Zealand telecommunications company Spark New Zealand said on Friday its plans for a fifth-generation network (5G) are progressing well and it expects to roll it out within the "next few years." More »
FILE PHOTO: French telecom operator Orange Chairman and Chief Executive Officer Stephane Richard attends a shareholders meeting in Paris, France, June 1, 2017. REUTERS/Charles Platiau/File Photo PARIS/LONDON (Reuters) – Orange’s boss Stephane Richard told inve... More »
Apple CEO Tim Cook arrives before the fourth World Internet Conference in Wuzhen, Zhejiang province, China, December 2, 2017. REUTERS/Aly Song WUZHEN, China (Reuters) – Apple Inc’s chief executive Tim Cook said developers using its platform in China number 1.8... More »
A photo illustration shows the Uber app on a mobile telephone, as it is held up for a posed photograph, in London, Britain November 10, 2017. REUTERS/Simon Dawson (Reuters) – Uber Technologies Inc said on Thursday that it discussed a massive data breach with p... More »
A hooded man holds a laptop computer as blue screen with an exclamation mark is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration BRUSSELS (Reuters) – EU lawmakers overwhelmingly backed plans on Thursday to... More »
FILE PHOTO: A sign on the Qualcomm campus is seen, as chip maker Broadcom Ltd announced an unsolicited bid to buy peer Qualcomm Inc for $103 billion, in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake/File Photo BRUSSELS (Reuters) – U.S. smart... More »
German investigators shut down an illegal file-sharing site with around 27,000 members as part of a police sting targeting 42 suspects across Germany, the Frankfurt attorney general's office said on Friday. More »
Pope Francis on Wednesday chastised priests and bishops who take pictures with their cell phones during Masses, saying they should focus on God instead. More »
U.S. cable operator Altice USA will sell mobile service on wireless carrier Sprint Corp's network under a new multi-year agreement announced on Sunday, becoming the latest firm to enter the wireless market in a bid to retain customers. More »
The collapse of the attempt by T-Mobile US to merge with Sprint Corp will underline its importance as a driver of growth when its main owner, Deutsche Telekom, reports quarterly results this week. More »
Sprint Corp (S.N) and T-Mobile US Inc (TMUS.O) said on Saturday they have called off merger talks to create a stronger U.S. wireless company to rival market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own. More »
Finnish game studio Next Games said on Friday it will launch a new augmented reality smartphone game in the coming months based on AMC Networks' hit TV show "Walking Dead". More »
Chinese search engine giant Baidu and Shouqi Limousine & Chauffeur, a car-hailing operator, are joining up to develop driverless vehicles, the official Xinhua media service reported on Saturday. More »
Apple Inc quashed concerns of muted demand for its iPhone X on Friday, saying pre-orders for the 10th anniversary phone were "off the charts". More »
Alphabet Inc on Thursday reported stronger-than-expected advertising sales and higher operating margins, boosting its shares as investors brushed off concerns about higher costs for acquiring mobile users. More »
Telecom Italia's (TIM) fixed-line network is a strategic asset and the group is examining the dossier with the national government to find a shared solution, chairman Arnaud De Puyfontaine said in a daily on Friday. More »
Cisco Systems Inc (CSCO.O), the world’s largest networking gear manufacturer, is nearing a deal to buy U.S. telecommunications software firm BroadSoft Inc (BSFT.O) for close to $2 billion, a person familiar with the matter said on Sunday. More »
In its first offering of online bank accounts, JPMorgan Chase & Co on Monday launched a new smartphone app that it hopes will attract new depositors, many of whom are young and may live far from any of its branch offices. More »
A Brazilian whose arrest led U.S. authorities to discover $17 million hidden under a mattress pleaded guilty on Thursday to charges that he tried to launder funds tied to one of the largest pyramid schemes ever. More »
Cyber security watchdogs and researchers are issuing warnings over risks associated with a widely used system for securing Wi-Fi communications after the discovery of a flaw that could allow hackers to read information thought to be encrypted, or infect websit... More »
Facebook Inc (FB.O) has acquired tbh, an app popular among teens, as the world's largest social network looks to attract more users. More »
T-Mobile U.S. Inc (TMUS.O) and Sprint Corp (S.N) plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according ... More »
Two of the best-known names in the smartphone hardware business are squaring off in court over new technology that allows phones to connect to devices like cameras without wires or metal connectors. More »
Struggling mobile telecom gear maker Ericsson proposed Ronnie Leten, former CEO at Atlas Copco, as its new chairman, it said on Monday. More »
The U.S. Federal Communications Commission said late on Friday it had approved Alphabet Inc's application to provide emergency cellular service to Puerto Rico through balloons. More »
Italy has launched a process that could end with Telecom Italia (TLIT.MI) being fined for failing to notify Rome that French media group Vivendi (VIV.PA) had assumed de facto control of the phone company, a government source said. More »
Alphabet Inc's Google on Monday launched a localized payments app for India as it tries to gain a foothold in the country's rapidly-growing digital payments space. More »
