Business News

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    Deutsche Telekom reviews vendors in light of China security debate

    FILE PHOTO: The logo of German telecommunications giant Deutsche Telekom AG is seen at the company’s headquarters in Bonn February 25, 2016. REUTERS/Wolfgang Rattay FRANKFURT (Reuters) – Deutsche Telekom, Europe’s largest telecoms company, said on Friday it was reviewing its network vendor strategy in light of a debate on...
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    Huawei says believes Canadian, U.S. legal systems will deliver fair conclusion

    Huawei CFO Meng Wanzhou (L), who was arrested on an extradition warrant, appears at her B.C. Supreme Court bail hearing in a drawing in Vancouver, British Columbia, Canada December 10, 2018. REUTERS/Jane Wolsak BEIJING (Reuters) – Huawei believes the Canadian and U.S. legal systems will deliver a fair conclusion,...
  • 1544394018

    U.S. accuses Huawei CFO of Iran sanctions cover-up; hearing adjourned

    VANCOUVER/LONDON (Reuters) – Huawei Technologies Co Ltd’s chief financial officer faces U.S. accusations that she covered up her company’s links to a firm that tried to sell equipment to Iran despite sanctions, a Canadian prosecutor said on Friday, arguing against giving her bail while she awaits extradition. The case...
  • 1544296656

    Uber makes confidential filing for long-awaited IPO

    NEW YORK/SAN FRANCISCO, (Reuters) – Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley. The ride-hailing company...
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    White House adviser: U.S.-China trade talks, Huawei arrest are separate

    White House trade advisor Peter Navarro looks on as U.S. President Donald Trump participates in a roundtable discussion about trade in Duluth, Minnesota, U.S. June 20, 2018. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – White House trade adviser Peter Navarro on Friday said that the U.S. -China trade truce and the...
  • 1543809737

    Amazon tests cashierless tech for stores with bigger spaces: WSJ

    People walk by the Amazon Go brick-and-mortar grocery store without lines or checkout counters, in Seattle Washington, U.S. December 5, 2016. REUTERS/Jason Redmond (Reuters) – Amazon.com Inc (AMZN.O) is testing its cashierless checkout technology for bigger stores with larger spaces and experimenting the technology in Seattle, the Wall Street...
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    Twitter tumbles on fear of conservative backlash

    SAN FRANCISCO (Reuters) – Shares of Twitter Inc (TWTR.N) tumbled 6 percent on Thursday after reports that Fox News had not tweeted for three weeks sparked fears of a backlash by conservatives protesting a perceived liberal bias by the company. A 3D printed Twitter logo is seen in front...
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    Exclusive: U.S. senators ask White House to probe ZTE work in Venezuela

    CARACAS (Reuters) – Two U.S. senators on Wednesday will ask the Trump administration to investigate whether ZTE Corp, the Chinese telecommunications company, violated U.S. sanctions by helping Venezuela set up a database that monitors the behavior of its citizens. China’s ZTE Corp logo is seen at its offices in...
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    Special Report: Little known to many investors, cryptocurrency reviews are for sale

    NEW YORK (Reuters) – When cryptocurrency issuers want positive coverage for their virtual coins, they buy it. Co-founder and CFO Alexander Thoma of Swiss Blockchain-Asset Rating Company Alethena, co-founder and President Pascal Marco Caversaccio, co-founder and CEO Markus Hartmann, CSO Benjamin Rickenbacher and co-founder and COO Tim Glaus pose...