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U.S. ban on sales to ZTE triggers patriotic rhetoric in China

Thu, 19 Apr 2018 08:37:04 -0400

HONG KONG (Reuters) - A U.S. ban on sales of American components to ZTE Corp has unleashed a patriotic backlash in China's cyberspace, highlighting the growing tension between the world's two largest economies.(image)

Exclusive: Facebook to put 1.5 billion users out of reach of new EU privacy law

Thu, 19 Apr 2018 11:21:03 -0400

SAN FRANCISCO (Reuters) - If a new European law restricting what companies can do with people's online data went into effect tomorrow, almost 1.9 billion Facebook Inc users around the world would be protected by it. The online social network is making changes that ensure the number will be much smaller.(image)

Lyft to offset emissions from rides with projects combating climate change

Thu, 19 Apr 2018 09:05:29 -0400

SAN FRANCISCO (Reuters) - Lyft Inc is launching a program on Thursday to offset emissions from the 1.4 million cars that drive for the U.S. ride-hailing service by investing in projects to reduce other sources of greenhouse gas, the company said.(image)

TSMC's smartphone warning points squarely at Apple: analysts

Thu, 19 Apr 2018 12:02:28 -0400

(Reuters) - Shares in Apple Inc and its suppliers fell on Thursday after a raft of analysts read a prediction of softer smartphone sales from Taiwan Semiconductor Manufacturing Co Ltd as driven chiefly by concern about demand for iPhones.(image)

Rakuten weighs $1.8 billion bond issue to launch mobile service: Nikkei

Thu, 19 Apr 2018 17:07:51 -0400

(Reuters) - Japanese e-commerce company Rakuten Inc will issue as much as 200 billion yen ($1.86 billion) to prepare for its entry into the country's mobile phone service market, the Nikkei business daily reported on Thursday.(image)

Qualcomm concessions insufficient to clinch NXP deal: commerce ministry

Thu, 19 Apr 2018 07:44:55 -0400

BEIJING (Reuters) - U.S. chipmaker Qualcomm will have to do more to complete its proposed takeover of NXP Semiconductors , a commerce ministry spokesman said on Thursday.(image)

ZTE woes may boost network rivals Ericsson and Nokia

Thu, 19 Apr 2018 09:55:39 -0400

STOCKHOLM/LONDON (Reuters) - Investors are warming to beleaguered mobile network makers Ericsson and Nokia as they begin to recover ahead of a once-a-decade uplift from a new business cycle and an unexpected boost from a U.S. ban on exports to low-cost Chinese rival ZTE.(image)

German lawmakers to grill Facebook manager on data privacy

Thu, 19 Apr 2018 12:41:21 -0400

BERLIN (Reuters) - German lawmakers will question a senior Facebook Inc manager about data privacy in the wake of revelations that the personal information of millions of users wrongly ended up in the hands of political consultancy Cambridge Analytica.(image)

British lawmakers to interview Cambridge academic Kogan over Facebook data

Thu, 19 Apr 2018 10:24:16 -0400

LONDON (Reuters) - A Cambridge University academic who harvested data on millions of Facebook users will appear before a British parliamentary committee investigating the scandal on April 24.(image)

Alibaba to invest $320 million in Thailand, as rivals boost presence

Thu, 19 Apr 2018 06:47:45 -0400

BANGKOK (Reuters) - Alibaba is investing $320 million in Thailand as the e-commerce giant aims to tap Chinese consumers' appetite for the Southeast nation's agricultural goods and for its tourism market amid growing competition from rivals.(image)