PARIS (Reuters) – Outdated cross-border tax rules are set to be rewritten after 137 states sought this week to avoid a new trade war over the global multiplication of taxes on digital services. FILE PHOTO: The logo of Amazon Prime Delivery is seen on the trailer of a truck outside the company logistics center in
Technology
SEOUL (Reuters) – Apple supplier LG Display Co Ltd posted a smaller-than-expected quarterly loss on Friday and offered an optimistic outlook for the year on higher demand for its organic light-emitting diode (OLED) panels, sending its shares up 4%. FILE PHOTO: A man walks out of the headquarters of LG Display in Seoul, October 20,
(Reuters) – Verizon Communications Inc (VZ.N) shares fell about 1% on Thursday as quarterly profits missed estimates even though the company added more monthly mobile phone subscribers than expected as adding the Disney+ streaming service helped some of its plans. FILE PHOTO: The Verizon logo is seen on the side of a truck in New
(Reuters) – Facebook Inc (FB.O) said on Wednesday that growth would continue to slow as its business matured and reported a surge in quarterly expenses, disappointing Wall Street expectations that the costs of improving privacy would level off. The news raised concerns that Facebook’s best days were behind it, and shares of the world’s biggest
LONDON (Reuters) – The United States on Wednesday urged Britain to rethink its decision to allow China’s Huawei a role in 5G networks, cautioning that American information would only be allowed to pass across trusted networks. The British flag and a smartphone with a Huawei and 5G network logo are seen on a PC motherboard
TAIPEI – Apple Inc supplier Foxconn said it could continue to meet all manufacturing obligations in the wake of a coronavirus outbreak in China even as the iPhone maker flagged uncertainty created by the disease. FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the
LONDON (Reuters) – Prime Minister Boris Johnson granted Huawei [HWT.UL] a limited role in Britain’s 5G mobile network on Tuesday, resisting U.S. pressure to exclude the Chinese company from next generation communications over fears Beijing could use them to spy. Britain’s Prime Minister Boris Johnson reacts as he listens to students during his visit to
FILE PHOTO: Facebook signs are seen during the China International Import Expo (CIIE), at the National Exhibition and Convention Center in Shanghai, China November 5, 2018. REUTERS/Aly Song SHANGHAI (Reuters) – Facebook Inc has asked employees to suspend non-essential travel to mainland China to prevent the spread of the coronavirus, a spokesman said on Tuesday.
FILE PHOTO: An attendee wears a badge strip with the logo of Huawei and a sign for 5G at the World 5G Exhibition in Beijing, China November 22, 2019. REUTERS/Jason Lee/File Photo LONDON (Reuters) – British Prime Minister Boris Johnson said on Monday he would make a decision on Huawei’s role in 5G networks that
FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk gestures during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019. REUTERS/Mike Blake FRANKFURT (Reuters) – Tesla (TSLA.O) Chief Executive Elon Musk sought to allay environmental concerns about the electric carmaker’s planned
WASHINGTON (Reuters) – A U.S. senator on Friday urged Tesla Inc (TSLA.O) to rebrand its driver assistance system Autopilot, saying it has “an inherently misleading name” and is subject to potentially dangerous misuse. FILE PHOTO: An advertisement promotes Tesla Autopilot at a showroom of U.S. car manufacturer Tesla in Zurich, Switzerland March 28, 2018. REUTERS/Arnd
MILL VALLEY, California (Reuters) – Electric vehicle startup Rivian on Saturday displayed its pickup truck and SUV at an event in San Francisco’s Bay Area and said that when their prices are unveiled soon they will be lower than has been previously announced. The Rivian R1T all-electric truck is pictured at an event, held by
FILE PHOTO: Governor of the Bank of France Francois Villeroy de Galhau delivers a speech to open a conference entitled “Bretton Woods: 75 years later” in Paris, France, July 16, 2019. REUTERS/Philippe Wojazer PARIS (Reuters) – Digital currency could be useful as cash transactions dwindle in some countries but central banks should be in charge
WASHINGTON (Reuters) – The U.S. Commerce Department has withdrawn a rule aimed at further reducing sales to China’s Huawei Technologies amid concerns from the Defense Department that the move would harm U.S. businesses, people familiar with the matter said. FILE PHOTO: Huawei’s first global flagship store is pictured in Shenzhen, Guangdong province, China October 30,
(Reuters) – Intel Corp’s (INTC.O) shares rose 5% on Friday after demand from data centers fired up the chipmaker’s cloud business and allayed concerns of market share loss to rival AMD (AMD.O), lifting shares across the sector. FILE PHOTO: Computer chip maker Intel’s logo is shown on a gaming computer display during the opening day
VANCOUVER (Reuters) – The first phase of battle over whether Huawei Chief Financial Officer Meng Wanzhou should be extradited to the United States wrapped up on Thursday after four days, with lawyers for Meng challenging prosecution claims that her alleged actions are a crime in Canada. Huawei Chief Financial Officer Meng Wanzhou leaves her home