FILE PHOTO: Makan Delrahim, assistant Attorney General, Antitrust Division, U.S. Department of Justice speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 22, 2019. REUTERS/ Mike Blake BOSTON (Reuters) – The U.S. Justice Department antitrust chief said on Friday that existent U.S. antitrust laws are “flexible enough” to address harm caused by
Technology
FILE PHOTO: Telecom Italia logo is seen at the headquarter in Rozzano neighbourhood of Milan, Italy, May 25, 2016. REUTERS/Stefano Rellandini MILAN (Reuters) – Telecom Italia (TIM) (TLIT.MI) plans to spin off its data center operations and look for an investor ahead of a potential market listing, it said on Friday, after announcing a partnership
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk took to Twitter on Friday to taunt short-seller David Einhorn in an open letter after the hedge fund owner wrote to clients about losing money on his short position in the Silicon Valley car maker. FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk speaks
BOSTON (Reuters) – Facebook Inc on Thursday urged a judge not to force it to turn over records to Massachusetts’ attorney general disclosing thousands of apps the social media giant suspects misused users’ data, as part of a probe into its privacy practices. FILE PHOTO: Silhouettes of laptop users are seen next to a screen
FILE PHOTO: A sign is pictured outs a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Dave Paresh/File Photo/File Photo LISBON (Reuters) – The acquisition of companies for their data is concerning in general for regulators, Europe’s antitrust chief Margrethe Vestager said on Thursday, a week after Google bought
FILE PHOTO: A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. REUTERS/Gabrielle Lurie (Reuters) – Airbnb Inc will start a 24/7 hotline and review “high risk reservations” following the Halloween shooting incident in California, the home rental platform said in an
NAIROBI (Reuters) – A group of Kenyan banks on Wednesday committed 10 billion Kenyan shillings ($97 million) in loans to small and medium businesses under a new mobile phone-based loan service targeting a fast-growing segment which has traditionally been under-served. FILE PHOTO: Customers wait to be served in the banking hall at the Kenya Commercial
(Reuters) – When Apple Inc’s video streaming service made its debut on Friday, it came with $2 billion worth of original programming – a feature widely considered to be the most powerful magnet for new subscribers. FILE PHOTO: Gamers and visitors take a rest at the booth of Netflix during Europe’s leading digital games fair
KUALA LUMPUR (Reuters) – Malaysia will allow motorcycle-hailing firms such as Indonesia’s Gojek and local start-up Dego Ride to start operations on a limited scale from January 2020, Malaysia’s transport minister said on Tuesday. FILE PHOTO: Commuters pass by a Gojek advertisement in Singapore March 4, 2019. REUTERS/Edgar Su/File Photo Gojek – whose backers include
BERLIN (Reuters) – Germany plans to increase by half the grants available to buyers of electric cars over the five years from 2020, according to a government document seen by Reuters, the latest in a series of measures to speed the adoption of low-emissions vehicles. Employees clean a new car after a ceremony marking start
FRANKFURT (Reuters) – Germany should have one million charging stations for electric cars by 2030, Chancellor Angela Merkel said in a video message on Sunday, ahead of meetings on Monday with the car industry on how to speed the move to low-emission battery-powered vehicles. FILE PHOTO: German Chancellor Angela Merkel stands next to an electric
FILE PHOTO: U.S. Commerce Secretary Wilbur Ross meets with Greek Prime Minister Kyriakos Mitsotakis (not pictured) at the Maximos Mansion in Athens, Greece September 5, 2019. REUTERS/Costas Baltas/File Photo (Reuters) – U.S. Commerce Secretary Wilbur Ross said licenses for U.S. companies to sell components to China’s Huawei Technologies Co will come “very shortly,” in an
NEW YORK (Reuters) – A Manhattan judge has dismissed Uber Technologies Inc’s lawsuit challenging a New York City law limiting the number of licenses for ride-hailing services, the first such cap by a major American city. FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO at
(This October 28 story corrects to remove erroneous reference in paragraph 6 to regulations preventing the use of autonomous trucks) FILE PHOTO: A Jaguar I-PACE self-driving car is pictured during its unveiling by Waymo in the Manhattan borough of New York City, U.S., March 27, 2018. REUTERS/Brendan McDermid/File Photo DETROIT (Reuters) – Waymo Chief Executive
MONTREAL (Reuters) – A June data breach that hit Canada’s Desjardins Group has affected all of the financial cooperative’s 4.2 million members, prompting government reforms to protect personal information in the Canadian province of Quebec, an official said on Friday. Quebec Finance Minister Eric Girard said the province would take steps to improve cybersecurity and
NEW YORK/BEIJING/WASHINGTON (Reuters) – The U.S. government has launched a national security review of TikTok owner Beijing ByteDance Technology Co’s $1 billion acquisition of U.S. social media app Musical.ly, according to two people familiar with the matter. FILE PHOTO: The logo of TikTok application is seen on a mobile phone screen in this picture illustration