Tencent comany name is displayed at a news conference in Hong Kong, China March 17, 2016. REUTERS/Bobby Yip/File Photo Tencent Holdings Ltd said a consortium formed to buy game developer Supercell has raised $850 million by selling new shares to investors incl... 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 »
Graphic made available to Reuters on September 25, 2016, depicts the range of sensor information feeding a new set of live traffic services digital mapping company HERE is introducing ahead of the Paris Motor Show in conjunction with automakers Audi, BMW, Merc... More »
New autopilot features are demonstrated in a Tesla Model S during a Tesla event in Palo Alto, California. REUTERS/Beck Diefenbach Mobileye NV said in a U.S. securities filing on Friday that its top executives were assured by Tesla Motors Inc Chief Executive El... More »
An explosion on the launch site of a SpaceX Falcon 9 rocket is shown in this still image from video in Cape Canaveral, Florida, U.S. September 1, 2016. U.S. Launch Report/Handout via REUTERS/File Photo SpaceX founder and chief Elon Musk said on Friday he was u... More »
An explosion on the launch site of a SpaceX Falcon 9 rocket is shown in this still image from video in Cape Canaveral, Florida, U.S. September 1, 2016. U.S. Launch Report/Handout via REUTERS Israel’s Space Communication Ltd said on Sunday it could seek $50 mil... More »
An explosion on the launch site of a SpaceX Falcon 9 rocket is shown in this still image from video in Cape Canaveral, Florida, U.S. September 1, 2016. U.S. Launch Report/Handout via REUTERS SpaceX said on Friday it would shift Florida flights to a nearly comp... 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 Samsung Electronics Co Ltd has recalled all Galaxy Note 7 smartphones equipped with batteries it... More »
An explosion on the launch site of a SpaceX Falcon 9 rocket is shown in this still image from video in Cape Canaveral, Florida, U.S. September 1, 2016. U.S. Launch Report/Handout via REUTERS An explosion destroyed a Falcon 9 rocket belonging to Elon Musk’s Spa... More »
The recovered first stage of a SpaceX Falcon 9 rocket is transported to the SpaceX hangar at launch pad 39A at the Kennedy Space Center in Cape Canaveral, Florida May 14, 2016. REUTERS/Joe Skipper/File Photo Elon Musk’s SpaceX has signed its first customer to ... 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 »
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 »
LONDON Japan’s SoftBank Group Corp (9984.T) has agreed to buy British chip designer ARM Holdings (ARM.L) for 24.3 billion pounds ($32 billion), in a deal that will retain the company’s management and grow its workforce. Arm, Britain’s preeminent technology com... More »
SINGAPORE Japan’s SoftBank Group Corp (9984.T) is close to buying ARM Holdings PLC (ARM.L) for $32 billion and an announcement could come as early as Monday, a source familiar with the matter said. SoftBank could not be immediately reached for comment on a pub... 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 »
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 »
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 »
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 »
NEW DELHI India’s finance ministry is asking for regular progress reports from tax collectors and has set a date for an amnesty to pay off arrears on undeclared domestic assets, as the government intensifies efforts to meet its ambitious deficit target. A seri... More »
WASHINGTON The Obama administration on Friday weighed in on the debate over allowing consumers to switch from pricey cable television boxes to less expensive devices, urging regulators to set an example for the rest of government on how to boost competition. C... 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 »
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 »
TORONTO Canada’s Rogers Communications Inc (RCIb.TO), the primary national broadcaster of National Hockey League games, said on Thursday it will begin selling its top sports channels online without a cable subscription. Taking its cue from services like Netfli... 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 »
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 »
CAPE CANAVERAL, Fla. At the last second, Elon Musk’s SpaceX scrubbed plans to launch a Falcon 9 rocket on Sunday, again delaying an attempt to put an satellite into orbit and then land the vehicle’s first stage intact on a sea platform, a step that may eventua... More »
CAPE CANAVERAL, Fla. SpaceX on Wednesday postponed for at least 24 hours the scheduled Florida launch of a Falcon 9 rocket on a satellite-delivery mission and attempted return-landing at sea to allow extra time to chill the rocket’s propellant, the company sai... More »
PORT CANAVERAL, Fla. Satellite operator SES SA is interested in buying a used Falcon 9 rocket from Elon Musk’s Space Exploration Technologies, or SpaceX, for a future launch, the chief technology officer for SES said on Tuesday. “SES would have no problem in f... 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 »
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 »
TORONTO BlackBerry Ltd is cutting 200 jobs at its hometown headquarters in Ontario and in Florida in order to trim costs, it said on Friday, as the smartphone maker moves to turn around its fortunes and put more emphasis on its enterprise software business. “A... More »
SAN FRANCISCO/MUMBAI As China sales show signs of cooling, Apple Inc(AAPL.O) is touting India’s appetite for iPhones, betting that rising wages and an expanding middle class will pull consumers away from the cheap alternatives that currently dominate the marke... 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 »
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 »
CAPE CANAVERAL, Fla., Elon Musk’s SpaceX on Sunday postponed launch of an upgraded Falcon 9 rocket and an attempt to land the booster at the launch site, saying the tricky touchdown would have a better chance of success if delayed for 24 hours. A smooth landin... 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 »
Network equipment maker Cisco Systems Inc’s (CSCO.O) forecast adjusted profit and revenue growth for the second quarter below analysts’ estimates, citing a slowdown in order growth and weakness in its enterprise business outside the United States. Shares of Ci... More »
NEW YORKVerizon Communications Inc is exploring a sale of its enterprise assets which could be worth as much as $10 billion, according to people familiar with the matter, as the largest U.S. wireless carrier seeks to focus on its core business. The sale would ... More »
Wireless carrier Sprint Corp S.N. said on Sunday it aims to slash fiscal 2016 expenses by as much as $2.5 billion, through layoffs and a wide array of cost controls, as an essential part of its ongoing turnaround efforts. “We are leaving no stone unturned and ... More »
LONDON British police have made a third arrest in connection with a cyber attack this month on telecoms company TalkTalk (TALK.L) in which the company said bank details of more than 20,000 customers were hacked. A 20-year-old man from Staffordshire, central En... More »
LONDON Vodafone UK (VOD.L) said on Saturday hackers had accessed the accounts of 1,827 of its customers this week, the second cyber attack on a British telecoms company this month. The attackers had potentially gained access to the victims’ bank sort codes and... More »
NEW YORK Comcast Corp, the cable and entertainment company, posted in-line third-quarter results on Tuesday, helped by its NBCUniversal’s box-office hit “Minions” and growth in its high-speed Internet and business services divisions. Comcast, which is both the... More »
AT&T Inc (T.N), the No. 2 U.S. wireless carrier and the world’s largest pay-TV operator, raised its 2015 earnings forecast as quarterly earnings beat expectations on cost cuts and gains in wireless and DirecTV subscribers. AT&T shares rose 1.7 percent in after... More »
Satellite TV provider DirecTV said it would restate financial statements for the quarter ended June, citing an incorrect measurement of assets of its Venezuelan subsidiary. Statements related to the quarter are being restated to record a pre-tax charge of abou... More »
Cablevision Systems Inc and Viacom Inc have settled an antitrust lawsuit in which Cablevision had accused Viacom of forcing distributors and subscribers to buy channels they did not want. Cablevision and Viacom are simultaneously entering into “mutually benefi... More »
MILAN Telecom Italia said on Friday it would resume talks with the main shareholders of fiber optic company Metroweb over plans to build a broadband network in Italy. At stake in the negotiations is who will call the shots to implement the government’s 12-bill... More »
NEW YORK AT&T Inc said it does not oppose the proposed merger of Charter Communications Inc and Time Warner Cable Inc, but in a letter to the U.S. Federal Communications Commission it asked for a careful review on the impact of cable deals on emerging online v... More »
MEXICO CITY Mexican telecoms regulator IFT said on Sunday that it will force Telmex to offer competitors better terms as it seeks to open up its local network, part of an effort to increase competition in a sector dominated by billionaire Carlos Slim. The move... More »
Experian Plc (EXPN.L), the world’s biggest consumer credit monitoring firm, on Thursday disclosed a massive data breach that exposed sensitive personal data of some 15 million people who applied for service with T-Mobile US Inc (TMUS.N). Connecticut’s attorney... More »
Dish Network Corp’s affiliates on Thursday surrendered 197 spectrum licenses to the U.S. government after they were held ineligible for $3.3 billion in small-business discounts earlier this year, according to a senior U.S Federal Communications Commission offi... More »
LONDON Talks between Vodafone and Liberty Global about exchanging assets to better compete in Europe’s converging mobile, broadband and TV markets collapsed on Monday because they could not agree on the value of their businesses. Vodafone, the world’s second-b... More »
SHANGHAI/BEIJING China’s most popular ride-hailing app Didi Kuaidi said on Monday it has invested in Indian peer Ola, forging a new alliance within a network of companies challenging U.S. rival Uber Technologies Inc [UBER.UL]. Didi joins existing investors inc... More »
DALIAN, China In a cavernous showroom on the outskirts of this port city in northeastern China, softly whirring lathes and svelte robot arms represent Dalian Machine Tools Group’s (DMTG) vision of an automated future for Chinese manufacturing. On closer inspec... More »
Want to own the new iPhone without burning a hole in your pocket every month? Sprint seems to be the cheapest option in the United States. Sprint Corp’s offer for the 16 GB iPhone 6S with a basic data, calling and text plan costs between $3 and $10.50 less per... More »
The U.S. Federal Communications Commission chief on Wednesday said 21st Century Fox Inc Chief Executive James Murdoch has told him the company planned to participate in the 2016 spectrum auction that hinges on broadcasters selling their airwaves. “I’ve talked ... More »
Apple Inc’s Chief Executive Tim Cook took an unusual step of reassuring shareholders on Monday in comments to CNBC about the iPhone maker’s business in China ahead of a dramatic 13 percent drop and rebound in its stock that put it in positive territory. Chines... More »
Comcast Corp’s NBCUniversal said on Tuesday it had invested $200 million in online publisher BuzzFeed, the latest move by the media conglomerate to tap into a younger audience. NBCUniversal invested $200 million last week in Vox Media, owner of tech-focused we... More »
JOHANNESBURG South African mobile phone operator Vodacom is in talks with pay-TV giant Naspers to deliver movies and television programs to mobile devices, it said on Monday, part of a search for new sources of income from fast-growing data consumers. “We are ... More »
FRANKFURT/HELSINKI German carmakers BMW (BMWG.DE), Audi (VOWG_p.DE) and Mercedes (DAIGn.DE), will pay around 2.5 billion euros ($2.75 billion) to buy Nokia’s maps business, a transformational deal that will help them to develop self-driving cars. Daimler BMW a... More »
TORONTO BlackBerry Ltd (BB.TO), which has been coy about its ambitions to make a mainstream Android smartphone, fueled more speculation about its plans this week when it scooped up two Android-related domain names. Several blog posts in the last two days have ... More »
MILAN British mobile phone giant Vodafone has reached an agreement with Mediaset to offer pay-TV content of the Italian broadcaster to its customers in the southern European country, the two companies said in a joint statement on Thursday. The offer, which bun... More »
NEW YORK Sprint Corp said on Tuesday it will offer an $80 a month cellular phone plan, including both service and smartphone device fees, hoping to draw users who dislike complex price plans and hidden costs. The “All-in” plan will offer unlimited talk, text a... More »
MEXICO CITY A television company controlled by Mexican billionaire Carlos Slim has canceled a project with real estate developer and TV personality Donald Trump after his comments insulting Mexicans, Slim’s spokesman said on Monday. This is the third company t... More »
CAPE CANAVERAL, Fla SpaceX on Monday was searching for what destroyed its Falcon 9 rocket after liftoff over the weekend, leaving customers still loyal but unsure when their satellites might fly. The privately-held company, owned and operated by technology ent... More »
