Ride-hailing app Careem has closed the first part of a $500 million funding round backed by investors including Japan’s Rakuten Inc and Saudi Telecom Co (STC), the Dubai-based company said in a statement on Monday. More »
Staff at satellite communications company Inmarsat work in front of a screen showing subscribers using their service throughout the world, at their headquarters in London March 25, 2014. REUTERS/Andrew Winning/File Photo British satellite company Inmarsat will... More »
A Cisco logo is seen at the router in Kiev, Ukraine April 21, 2016. REUTERS/Gleb Garanich/File Photo – RTX2KVEV Arista Networks Inc used rival Cisco Systems Inc’s network device technology in its ethernet switches without permission, a U.S. trade judge ruled o... More »
Telefonica Deutschland said on Sunday its supervisory board has appointed Markus Haas to lead the company from 2017, replacing chief executive Thorsten Dirks who announced in November he was leaving the telecoms firm. More »
A man and power lines are reflected in a Telstra poster adorning a public telephone in Sydney, Australia, August 13, 2015. REUTERS/David Gray/File Photo The ability of Australian telecoms company Telstra Corporation (TLS.AX) to offset the fall in its tradition... More »
Chinese photo app and mobile phone maker Meitu Inc is set to launch an up to $735 million initial public offering in Hong Kong, IFR reported on Monday, citing people close to the deal. More »
An online game following the journey of an elderly former sea explorer who has lost his memories has helped scientists lead a vast international dementia study and given important preliminary results about human orientation skills. More »
SpaceX CEO Elon Musk speaks after unveiling the Dragon V2 spacecraft in Hawthorne, California, U.S. on May 29, 2014. REUTERS/Mario Anzuoni/File Photo Private rocket launch service SpaceX is requesting government approval to operate a massive satellite network ... More »
Europe launched four more Galileo satellites on Thursday, moving a step closer to having its own navigation system and marking the first time it has sent up so many satellites at once. More »
A railway track lies damaged alongside State Highway One near Kaikoura on the upper east coast of New Zealand’s South Island following an earthquake, November 14, 2016. Sgt Sam Shepherd/Courtesy of Royal New Zealand Defence Force/Handout via REUTERS A powerful... More »
Windstream Holdings Inc said on Monday it would buy fellow U.S. telecommunications company EarthLink Holdings Corp in a deal valued at about $1.1 billion, including debt, in a bid to cut costs and better compete with rivals. More »
The set of 176 original emoji characters which have been donated to the Museum of Modern Art in New York City are seen in an undated handout image. Shigetaka Kurita/Gift of NTT DoCoMo/Museum of Modern Art/Handout via REUTERS Smiley faces and images of food and... More »
U.S. Democratic presidential nominee Hillary Clinton pauses as she speaks at a campaign event accompanied by vice presidential nominee Senator Tim Kaine in Pittsburgh, U.S., October 22, 2016. REUTERS/Carlos Barria Democratic presidential nominee Hillary Clinto... More »
Signage for an AT&T store is seen in New York October 29, 2014. REUTERS/Shannon Stapleton/File Photo The tie-up of AT&T Inc (T.N) and Time Warner Inc (TWX.N), bringing together one of the country’s largest wireless and pay TV providers and cable networks like ... More »
AT&T Inc (T.N) may bypass a powerful telecommunications regulator by offloading a Time Warner broadcast station, analysts say, as the telcommunications giant braces for what is expected to be a lengthy and tough antitrust review of its proposed $85.4 billion d... More »
Signage that reads Time Warner is seen at the Time Warner Center in New York City, October 23, 2016. REUTERS/Stephanie Keith AT&T Inc’s (T.N) proposed $85 billion takeover of Time Warner Inc (TWX.N) generated skepticism among both Democrats and Republicans on ... More »
The building of Vodafone Egypt Telecommunications Co is seen at the Smart Village in the outskirts of Cairo, Egypt, October 27, 2015. REUTERS/Asmaa Waguih Vodafone Egypt and Etisalat have requested fourth-generation mobile phone service licenses in Egypt, an o... More »
German carrier Air Berlin’s aircraft is pictured at Tegel airport in Berlin, Germany, September 29, 2016. REUTERS/Axel Schmidt/File Photo German carrier Air Berlin (AB1.DE) on Saturday said it had banned Samsung’s Galaxy Note 7 mobile phones from flights, whil... More »
The building of Vodafone Egypt Telecommunications Co is seen at the Smart Village in the outskirts of Cairo, Egypt, October 27, 2015. REUTERS/Asmaa Waguih Vodafone Egypt and Etisalat Misr signed licensing agreements on Sunday for the operation of 4G mobile bro... More »
South Korea’s finance minister said on Tuesday that Samsung Electronic Co Ltd’s (005930.KS) deepening crisis over its Galaxy Note 7 smartphone would hurt exports if the phone model is scrapped altogether. More »
Signage is seen at the Samsung 837 store in the Meatpacking District of Manhattan, New York, U.S., October 10, 2016. REUTERS/Andrew Kelly Samsung Electronics’ (005930.KS) worst-ever recall could cost the company as much as $17 billion after it halted sales of ... More »
Sales promotion staff stand in front of a Galaxy Note 7 advertisement at a Samsung store in Jakarta, Indonesia, October 11, 2016. REUTERS/Beawiharta Samsung Electronics Co Ltd (005930.KS) scrapped its flagship Galaxy Note 7 smartphone on Tuesday less than two ... More »
A man talks on his mobile phone in the village of Devmali in the desert state of Rajasthan, India June 14, 2016. REUTERS/Himanshu Sharma India started its biggest ever telecoms airwaves auction on Saturday, receiving 535.31 billion rupees ($8.04 billion) worth... More »
A Google search page is seen through a magnifying glass in this photo illustration taken in Berlin, August 11, 2015. REUTERS/Pawel Kopczynski/Files EU antitrust regulators plan to order Alphabet’s (GOOGL.O) Google to stop paying financial incentives to smartph... More »
A billboard displays the logo of Snapchat above Times Square in New York March 12, 2015. REUTERS/Lucas Jackson Snap Inc, the newly renamed parent company of messaging app Snapchat, plans to start selling camera-equipped sunglasses starting this fall, Chief Exe... More »
A man holds his smartphone which displays the Google home page, in this picture illustration taken in Bordeaux, Southwestern France, August 22, 2016. REUTERS/Regis Duvignau Thailand is studying plans to toughen tax collection rules for internet and technology ... More »
People look at Deere equipment as they attend National Farm Machinery show in Louisville, Kentucky, February 11, 2016. REUTERS/Meredith Davis Borrowings by U.S. companies for capital investment rose 12 percent in August compared with a year earlier, the Equipm... More »
An employee poses for photographs with Samsung Electronics’ Galaxy Note 7 new smartphone at its store in Seoul, South Korea, September 2, 2016. REUTERS/Kim Hong-Ji/File Photo Samsung Electronics Co (005930.KS) was sued on Friday by a Florida man who said he su... More »
The logo of Audi is pictured at the Auto China 2016 auto show in Beijing, April 25, 2016. REUTERS/Kim Kyung-Hoon Volkswagen’s (VOWG_p.DE) luxury car unit Audi has agreed to deepen collaboration with Chinese internet technology groups to offer more digital serv... More »
A smartphone attached to a balloon took to the skies on Monday in an attempt to set a record for the highest livestream from such a device. More »
FILE PHOTO — The logo of Brazil’s largest fixed-line telecoms group Oi is seen inside a shop in Sao Paulo October 2, 2013. REUTERS/Nacho Doce/File Photo Brazilian telecom provider Oi SA is set to file its bankruptcy reorganization plan with a Rio de Janeiro co... More »
By Anthony Boadle | RIO DE JANEIRO RIO DE JANEIRO Forget beach volleyball, soccer or tennis, not to mention the steeplechase or discus. Pokemon Go is challenging the Olympics for most popular game among some young Brazilians. Hundreds of them turned out in a R... More »
File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo When French tycoon Vincent Bollore backed out of a deal to buy the pay-TV busi... More »
File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo PARIS (Reuters) – When French tycoon Vincent Bollore backed out of a deal to b... More »
File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo PARIS (Reuters) – When French tycoon Vincent Bollore backed out of a deal to b... More »
By Mathieu Rosemain | PARIS PARIS When French tycoon Vincent Bollore backed out of a deal to buy the pay-TV business of Italian broadcaster Mediaset (MS.MI), and instead proposed to take a large slice of the parent company itself, investors feared he was plott... More »
File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo When French tycoon Vincent Bollore backed out of a deal to buy the pay-TV busi... More »
BEIJING Activity in China’s manufacturing sector eased unexpectedly in July as orders cooled and flooding disrupted business, an official survey showed, adding to fears the economy will slow in coming months unless the government steps up a huge spending spree... More »
HONG KONG Huawei Technologies Co Ltd [HWT.UL], one of the world’s largest telecoms equipment makers, on Monday posted a 40 percent rise in first-half sales revenue and said it would “maintain current momentum” this year. Sales revenue reached 245.5 billion yua... More »
WASHINGTON The chairman of the Federal Communications Commission on Friday pressed major U.S. phone companies to take immediate steps to make technology that blocks unwanted automated calls available to consumers at no charge. FCC Chairman Tom Wheeler, in lett... More »
SINGAPORE Singapore and Sri Lanka have started talks for a free trade pact, including measures to free up trade in goods and services as well as investments, the city-state’s trade minister said on Monday. Sri Lanka’s push to build infrastructure and develop i... More »
TOKYO/SINGAPORE The phenomenal success of Pokemon GO and the surge in Nintendo Co’s (7974.T) market value by $17 billion in just over a week has been seized upon by one of its most vocal investors to press for a change of strategy at the company. Until Pokemon... More »
MANILA Patrolling downtown Manila in his new Toyota, Uber driver Daniel Canezal is grumpy. It’s not from the heat, grime or traffic of the capital’s clogged streets – it’s the Philippines’ ramshackle internet service that is making his life a misery. Since sig... More »
DUBAI Authorities in the Gulf Arab states of Kuwait and United Arab Emirates on Friday warned of security dangers to playing the wildly successful new smartphone app Pokemon GO. Users must resist the urge to point camera phones at Pikachu popping out in front ... More »
WASHINGTON The U.S. Federal Communications Commission said on Friday that 62 bidders have made upfront payments in a forthcoming wireless spectrum auction, including AT&T Inc, Verizon Communications Inc, Dish Network, T-Mobile US and Comcast Corp. The auction ... More »
WASHINGTON The U.S. Holocaust Memorial Museum has told Pokemon GO fans not to play the popular new mobile game in its premises, describing it as “extremely inappropriate” in a memorial dedicated to the victims of Nazism. The game involves using a mobile device... More »
BERLIN Wirecard AG is negotiating with representatives of Alipay, a unit of Chinese e-commerce giant Alibaba, about it taking a stake of up to 25 percent in the German banking software company, a newspaper reported on Sunday. Without citing its sources, the Bi... More »
PARIS French telecoms company Orange (ORAN.PA) said on Friday it plans to maintain several group offices in the United Kingdom, which employ about 900 people, despite Britain’s vote to leave the European Union. The company said it was not present in the Britis... More »
HELSINKI Finland, whose once-renowned technology sector shed 15,000 jobs with the demise of Nokia’s (NOKIA.HE) mobile phone business, is struggling to fill thousands of vacancies for software developers because it lacks people with the right skills. At the sam... More »
STOCKHOLM Telecoms equipment maker Ericsson plans to lay off thousands of staff this summer and is considering large, additional cost cuts due to slowing markets, newspaper Svenska Dagbladet (SvD) reported on Tuesday citing anonymous sources. After quarterly p... More »
The new logo for DISH is seen on the podium before a news event to promote the company’s new logo, products and services at the Consumer Electronics Show opening in Las Vegas January 9, 2012. REUTERS/Rick Wilking Tribune Media Co chose to take off its televisi... More »
Tribune Media Co chose to take off its television channels from Dish Network Corp’s distribution systems across the United States on Sunday night after they failed to renew their contract, the companies said. Dish said its customers lost access to 42 local cha... More »
TOKYO SoftBank Group Corp (9984.T) said on Friday it was selling a further $1.1 billion of its shares in Alibaba Group Holding Ltd (BABA.N), bringing the total it has sold in the Chinese e-commerce company to $10 billion. Separately, SoftBank agreed to sell mo... More »
Tony Fadell, a well-known Silicon Valley executive who was once expected to play a central role in Alphabet Inc’s hardware efforts, has stepped down as chief executive of the search giant’s Nest unit, the company said. Fadell will remain an adviser to Alphabet... More »
HELSINKI Nokia’s (NOKIA.HE) mobile network equipment sales fell more than expected in the first quarter and will continue to decline this year, the Finnish company said, as customers hold off new orders while it integrates its purchase of rival Alcatel-Lucent.... More »
WASHINGTON The Federal Communications Commission and Federal Trade Commission have asked mobile phone carriers and manufacturers to explain how they release security updates amid mounting concerns over security vulnerabilities, the U.S. agencies said on Monday... More »
WASHINGTON The U.S. Federal Communications Commission confirmed on Friday that it had voted to approve Charter Communications Inc’s acquisitions of Time Warner Cable Inc and Bright House Networks. The deals, which would create the second-largest U.S. broadband... More »
Ruth Porat couldn’t have been clearer: Alphabet Inc’s chief financial officer said on Thursday that Google’s parent needed to step up investment to boost traffic. Analysts agreed. Investors weren’t so sure. The company’s shares closed down 5.46 percent at $737... More »
SEOUL South Korea’s LG Electronics Inc said its first-quarter operating profit likely rose 66 percent, pointing to its best quarter in nearly two years with earnings apparently lifted by healthy appliance sales and falling television panel prices. The world’s ... More »
The parent company of the British newspaper, the Daily Mail, is in talks with several private equity firms about a possible bid for Yahoo Inc, the Wall Street Journal reported on Sunday. Daily Mail & General Trust PLC’s potential bid could take one of two form... More »
The U.S. Justice Department on Friday said it would keep fighting to force Apple Inc to open an iPhone in a New York drug case, continuing its controversial effort to require Apple and other tech companies to help law enforcement authorities circumvent encrypt... More »
Yahoo Inc (YHOO.O) has extended the deadline to bid for its businesses by a week to April 18, technology news website Re/code reported, citing people familiar with the matter. Yahoo, whose shares were up 1.7 percent in early trading, had set an April 11 deadli... More »
FRANKFURT Rupert Murdoch’s Sky could win all the live broadcast rights to Germany’s Bundesliga soccer again but would have to give up some of the online rights, three sources with knowledge of the matter told Reuters on Friday. Germany’s soccer association is ... More »
HONG KONG Chinese telecom equipment and smartphone maker ZTE Corp will announce a new management team on Tuesday, a spokesman said. ZTE’s board of directors will meet to approve the new team, and a stock exchange filing is expected on Tuesday afternoon, ZTE sp... More »
PARIS/LONDON When French Prime Minister Manuel Valls phoned billionaire Martin Bouygues on Thursday evening in an attempt to save a merger between Bouygues Telecom (BOUY.PA) and state-controlled Orange, it was already too late. The deal would have created the ... More »
MUMBAI Reliance Retail Ltd, the retail business of India’s energy conglomerate Reliance Industries Ltd, said on Saturday it planned a quick roll-out of its newly launched fashion and lifestyle e-commerce business. Reliance Retail, controlled by India’s richest... More »
Healdsburg, CALIFORNIA Microsoft Corp (MSFT.O) executives are in early talks with potential Yahoo Inc (YHOO.O) investors about contributing to financing to buy the troubled Internet company, a person familiar with the situation said. The talks are preliminary,... More »
MILAN/LONDON Telecom Italia Chief Executive Marco Patuano officially resigned on Monday, confirming reports at the weekend he was on his way out as top shareholder Vivendi tightens its grip on the Italian phone group. Telecom Italia’s shares rose 4 percent, ad... More »
ASTANA Kazakh officials and their visitors will have to leave their smartphones at the door of government buildings from March 24 in line with a new policy aimed at preventing leaks of sensitive documents, a leaked document showed on Thursday. The memo cites “... More »
MILAN French media group Vivendi (VIV.PA) has raised its stake in Telecom Italia (TLIT.MI) to 24.9 percent, just below the 25 percent threshold that would force it to launch a takeover bid, according to a filing with U.S. market authorities. Vivendi previously... More »
MILAN Silvio Berlusconi’s broadcaster Mediaset is close to selling its pay-TV unit to Vivendi, three sources close to the matter said, a move that would strengthen the French media group’s grip on Italy. Vivendi is already the top shareholder in Telecom Italia... More »
Little-known San Jose optical-parts maker Oclaro became the face of a U.S. ban on Tuesday as its shares led telecom-components makers lower over restrictions on selling components to China’s ZTE Corp. Shares of Oclaro, the rare component maker to issue a state... More »
DirecTV, the satellite TV provider owned by No. 2 U.S. wireless carrier AT&T Inc (T.N), said all channels have been restored after experiencing loss of audio and video for at least two hours on Tuesday. “All channels have been restored. We apologize for the in... More »
CAIRO Orange Chief Executive Officer Stephane Richard has said he might look into the possibility of a merger deal with Telecom Italia if French billionaire Vincent Bollore invited him to, but does not think that would happen. Bollore is chairman and the bigge... More »
BOSTON Activist hedge fund manager Jeffrey Smith, who has publicly criticized Yahoo Inc Chief Executive Officer Marissa Mayer, said on Friday he sees “a lot of opportunity” in the company. Smith’s Starboard Value has threatened to run a proxy contest raising p... More »
SINGAPORE/BEIJING Thousands of apps running code built by Chinese Internet giant Baidu have collected and transmitted users’ personal information to the company, much of it easily intercepted, researchers say. The apps have been downloaded hundreds of millions... More »
BARCELONA Britain’s BT said it would increase investment in superfast broadband, including more fiber to the home, if regulator Ofcom decides against forcing a break-up of the company. Ofcom is examining whether BT’s networks arm Openreach should remain part o... More »
SEOUL Smartphone maker LG Electronics Inc plans to boost marketing spend in a bid to lift sales of its new flagship handset, the South Korean firm’s mobile division chief said. LG is trying to establish itself as a top smartphone player with the G5, which was ... More »
NEW YORK Verizon Communications Inc, which launched its pay TV plan “Fios Custom TV” last year to let viewers choose bundles of channels they want to watch, has redesigned the offering. The revamped Custom TV now offers a choice of one of two packages with ove... More »
BARCELONA Most consumers feel they lack control over personal information on their phones, are suspicious of attempts to use it for marketing appeals and many think the problem is getting worse, a survey in major countries of the world has found. The findings ... More »
MILAN French media group Vivendi has increased its stake in Telecom Italia to 22.8 percent, a regulatory filing showed, further strengthening its position as the top shareholder in the Italian phone group. The filing with the U.S. Securities and Exchange Commi... More »
HELSINKI Finland’s Nokia on Monday settled its patent dispute with South Korea’s Samsung, saying the arbitration verdict would boost its patent sales by hundreds of millions of euros. Nokia said the settlement would lift sales at its patent unit Nokia Technolo... More »
HELSINKI Nokia (NOKIA.HE) and Samsung (005930.KS) are expected to settle their two-year patent dispute within days, with analysts forecasting a one-time payment of hundreds of millions of euros for the Finnish company. Nokia entered into a binding arbitration ... More »
HONG KONG/ BEIJING Xiaomi Inc [XTC.UL], China’s second-biggest smartphone vendor, more than doubled Internet services revenue in 2015 to about $564 million, an internal document reviewed by Reuters showed, but still fell well short of an internal target of $1 ... More »
European pay-TV group Sky Plc has struck a deal to screen programs from CBS Corp’s popular Showtime stable, including Billions starring Damian Lewis, as competition for top shows heats up among European broadcasters. The licensing deal will allow Sky to offer ... More »
ISLAMABAD Pakistan said on Monday it had removed a three-year ban on YouTube after the Google-owned video-sharing website launched a local version that allows the government to demand removal of material it considers offensive. Pakistan banned access to YouTub... More »
MUNICH The world’s most popular messaging service, WhatsApp, is dropping its token $1 fee still levied on some users as it experiments with making businesses pay to reach their customers, Chief Executive Jan Koum said on Monday. In addition, the Facebook-owned... More »
Spanish telecommunications company Telefonica SA has expressed interest in buying AT&T Inc’s pay TV assets in Latin America, which could be valued at around $10 billion, according to people familiar with the matter. AT&T bought the Latin American assets as par... More »
TORONTO Canada’s Shaw Communications Inc said on Wednesday that it would sell its media unit to Corus Entertainment Inc for C$2.65 billion ($1.9 billion), gaining funding for its Wind Mobile purchase and sending its shares up nearly 7 percent. Corus, which ope... More »
MADRID Spanish telecoms group Telefonica said on Tuesday its pay TV division had reached a 2.4 billion-euro ($2.60 billion) deal with rival Mediapro that will allow it to offer clients more La Liga and Champions League soccer matches for several seasons. Telef... More »
WASHINGTON President Barack Obama’s State of the Union address on Tuesday will be more available to “cord cutters,” a nod to the changing television viewing habits of Americans, the White House said on Sunday. Cable and satellite providers have been grappling ... More »
STOCKHOLM Swedish telecom equipment maker Ericsson (ERICb.ST) on Monday said it has signed a patent license agreement with Apple Inc (AAPL.O) but did not specify how much it would earn from the deal. Ericsson estimated however that its overall revenues from in... More »
Target Corp is in the early stages of developing its own mobile wallet, three people familiar with the matter said, joining Wal-Mart Stores Inc in posing a threat to recent entrants like Apple Pay. The fourth-largest U.S. retailer has not committed to launch t... More »
The U.S. Federal Communications Commission said on Friday it approved the $9.1 billion sale of U.S. regional cable company Suddenlink Communications to European telecoms group Altice NV. The Dutch firm announced in May its acquisition of a majority stake in Su... More »
WASHINGTON U.S. intelligence agencies can now reach almost all domestic phone records, far more than they collected under a now-scrapped program by the National Security Agency, according to Republican presidential candidate Ted Cruz. That estimate of the amou... More »
SAN FRANCISCO Yahoo Inc’s board of directors on Friday is in the third and final day of meetings that could decide the future of one of Silicon Valley’s most prominent but troubled companies. One option on the table for the nine board members is whether to sel... More »
MILAN The chief executive of Telecom Italia Marco Patuano has the full support of the board as well as that of the head of its main shareholder Vivendi, a Telecom Italia board member said on Wednesday. Vivendi, whose chairman and top investor is influential Fr... More »
NEW YORK At some Macy’s outlets this holiday season, shoppers who download the retailer’s app will be able to use their smart phones to guide them through the store to products they’re seeking. At JCPenney, customers will be able to take a snapshot of, for exa... More »
GAZA Israel and the Palestinian Authority signed an agreement to allow a long-awaited third-generation (3G) mobile network in Gaza and the West Bank, they said on Thursday. Israel said the decision was made after it concluded a security examination as well as ... More »
MEXICO CITY Carlos Slim’s brother interrogated leftist rebels for Mexico’s intelligence agency while his eldest son often hands out a biographical novel about Leon Trotsky as a gift, according to a new book on the tycoon who was long the world’s richest man. T... More »
