(Reuters) – SoftBank Group Corp (9984.T) has pumped $2.5 billion of its own cash into new investments since October, people familiar with the matter said, hoping to restore its money-making credentials as it courts investors for a successor to its Vision Fund. FILE PHOTO: People walk behind the logo of SoftBank Corp in Tokyo December
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BRUSSELS (Reuters) – EU industry commissioner Thierry Breton said on Monday it was for Facebook to adapt to Europe’s standards, not the other way round, as he criticized the U.S. social media giant’s proposed internet rules as insufficient. Facebook Chairman and CEO Mark Zuckerberg meets with European Commissioner for Values and Transparency Vera Jourova at
BENGALURU (Reuters) – Shares of loss-making Vodafone Idea (VODA.NS) rose as much as 12%, after media said the distressed Indian telecom operator would pay some of its staggering government dues of $3.9 billion on Monday, to avoid violating court orders. FILE PHOTO: A hotel employee clears a table after Vodafone Group and Idea Cellular news
FILE PHOTO: Smartphones with the logos of T-Mobile and Sprint are seen in this illustration taken September 19, 2017. REUTERS/Dado Ruvic (Reuters) – New York Attorney General Letitia James said on Sunday the state has decided not to appeal on a court ruling approving a merger between No.3 and No.4 wireless carriers T-Mobile US Inc
FILE PHOTO: The Twitter logo and binary cyber codes are seen in this illustration taken November 26, 2019. REUTERS/Dado Ruvic (Reuters) – Twitter said on Saturday that an official Twitter account of the Olympics and the International Olympic Committee’s (IOC) media Twitter account had been hacked and temporarily locked. The accounts were hacked through a
PARIS (Reuters) – Europe may have lost the battle to create digital champions capable of taking on U.S. and Chinese companies harvesting personal data, but it can win the war of industrial data, Europe’s industry policy chief said on Saturday. FILE PHOTO: European Commissioner for the Internal Market Thierry Breton gestures as he communicates on
NEW DELHI/BENGALURU (Reuters) – An Indian antitrust investigation of Amazon.com Inc (AMZN.O) and Walmart’s (WMT.N) Flipkart has been put on hold by a court, three lawyers involved in the proceedings told Reuters on Friday. FILE PHOTO: An employee of Amazon walks through a turnstile gate inside an Amazon Fulfillment Centre (BLR7) on the outskirts of
FILE PHOTO – A closed Apple store is seen as the country is hit by an outbreak of the novel coronavirus, in Shanghai, China February 10, 2020. REUTERS/Aly Song (Reuters) – Apple Inc (AAPL.O) said on Friday it would reopen one of the seven retail stores it has in Shanghai from Feb. 15 with reduced
FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, Jan. 7, 2019. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – Samsung Electronics (005930.KS) said on Friday that board chairman Lee Sang-hoon, who was sentenced to jail in December for sabotaging union activities, had offered to resign, without elaborating on
FILE PHOTO: The Huawei logo is pictured at the IFA consumer tech fair in Berlin, Germany, September 6, 2019. REUTERS/Hannibal Hanschke/File Photo NEW YORK (Reuters) – The U.S. government on Thursday filed a superseding indictment against the Chinese smartphone maker Huawei Technologies Co and its Chief Financial Officer Wanzhou Meng. The indictment was filed in
BENGALURU (Reuters) – Microsoft Corp Chief Executive Officer Satya Nadella is planning to visit India later this month, multiple sources familiar with the plans told Reuters, a test for the Indian-born head who recently criticized Indian immigration policy. FILE PHOTO – Microsoft CEO Satya Nadella addresses a news conference in Berlin, Germany February 27, 2019.
TOKYO (Reuters) – Japan’s SoftBank Group Corp said on Wednesday its third-quarter operating profit fell 99%, well short of analyst estimates, pulled down by losses at the $100 billion Vision Fund. 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
BARCELONA (Reuters) – Japanese wireless carrier NTT Docomo (9437.T), Sony Corp (6758.T) and California-based chip giant Intel Corp (INTC.O) pulled out of the Mobile World Congress (MWC) in Barcelona on Monday because of the coronavirus outbreak. Amazon (AMZN.O), South Korea’s LG Electronics (066570.KS), Swedish equipment maker Ericsson (ERICb.ST) and U.S. chipmaker Nvidia (NVDA.O) have already
FILE PHOTO: Power-generating wind turbines are seen at the Lake Turkana Wind Power project (LTWP) in Loiyangalani district, Marsabit County, northern Kenya, September 4, 2018. REUTERS/Thomas Mukoya/File Photo COPENHAGEN (Reuters) – Google’s (GOOGL.O) plans to buy a 12.5% stake in Africa’s largest wind farm have been canceled after delays to the project, Danish wind turbine
TOKYO (Reuters) – Japan should create its own yen digital currency, hopefully “within two to three years”, and include such plan in government’s mid-year key policy guidelines, a senior ruling party lawmaker said on Monday. FILE PHOTO: Japan’s State Minister in charge of vitalizing local economies Kozo Yamamoto speaks in Tokyo, Japan, August 3, 2016.
BEIJING (Reuters) – Local Chinese authorities have not blocked Apple (AAPL.O) supplier Foxconn (2317.TW) from resuming production amid a coronavirus outbreak, they said in a statement on Sunday, denying an earlier report in the Nikkei Business Daily. FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top