Telecom Italia (TIM) has excluded China's Huawei Technologies from a tender for 5G equipment for the core network it is preparing to build in Italy and Brasil, two sources familiar with the matter said on Thursday.
WASHINGTON: The Trump administration will announce actions against France over its digital services tax but will defer them while France defers tax collections from U.S. technology firms, U.S. Trade Representative Robert Lighthizer said on Thursday. The actions, expected by industry to be ...
Japan's economy will shrink at the fastest pace in decades in the year through March 2021, forcing the government to compile another stimulus package to cushion the blow from the coronavirus pandemic, a Reuters poll showed on Friday.
REUTERS: Epic Games, the creator of the popular video game "Fortnite", said on Thursday it had received a US$250 million investment from Japan's Sony Corp for a minority stake in the company. Last month, Bloomberg reported that Epic was close to raising a US$750 million round of funding, from...
BEIJING: WeRide, a Chinese autonomous vehicle startup, said on Friday it has become the first autonomous company to start fully driverless vehicle testing in China, as the world's biggest auto market accelerates development of autonomous technologies. Three-year-old WeRide, backed by Nissan ...
International Monetary Fund Chief Economist Gita Gopinath said on Friday governments must shift to "equity-like" support from one focused on liquidity provision as the coronavirus pandemic inflicts prolonged harm on companies.
Amazon.com Inc plans to create at least US$100 million in stock awards to retain the 900-plus employees of Zoox, the self-driving car startup it offered to buy last month, and can walk away from the deal if large numbers of them turn down job offers from the technology giant....
The dollar and other safe-haven currencies were well bid on Friday after a surge in new coronavirus cases in the United States further undermined the case for a quick economic recovery.
Amazon.com Inc plans to create at least US$100 million in stock awards to retain the 900-plus employees of Zoox, the self-driving car startup it offered to buy last month, and can walk away from the deal if large numbers of them turn down job offers from the technology giant....
Ford Motor Co may have to shut some U.S. car plants as early as next week if they fail to receive engines produced in Mexico's Chihuahua state, Christopher Landau, the U.S. ambassador to Mexico, said on Thursday.
