Category: Tech

WASHINGTON (Reuters) – Blacklisted Chinese telecoms equipment giant Huawei is in early-stage talks with some U.S. telecoms companies about licensing its 5G network technology to them, a Huawei executive told Reuters on Friday. Vincent Pang, senior vice president and board director at the company said some firms had expressed interest in both a long-term deal…

WASHINGTON (Reuters) – Group of 20 finance leaders on Friday agreed to set strict regulations on cryptocurrencies such as Facebook’s (FB.O) Libra, warning that issuance of such “stablecoins” should not be allowed until various global risks they pose have been addressed. The agreement came after a G7 working group warned that when launched on a…

WASHINGTON (Reuters) – The House of Representatives Judiciary Committee expects to have a final report on its probe of big technology companies and their potential breaches of antitrust law, by the “first part” of next year, the chair of its antitrust panel said on Friday. The committee has received tens of thousands of documents from…

(Reuters) – Facebook Inc’s (FB.O) upcoming news tab will feature headlines from the Wall Street Journal and some other News Corp (NWSA.O) media properties when it launches in fall of 2019, the social network said on Friday. The WSJ, which first reported about the deal, said news publications Washington Post, BuzzFeed News, and Business Insider…

LOS ANGELES (Reuters) – Apple Inc is jumping into the streaming video wars with a series that explores accusations of sexual misconduct at a fictional morning television news show, a story that tackles issues brought to life over the past two years of the #MeToo movement. “The Morning Show” starring Jennifer Aniston, Reese Witherspoon and…

WASHINGTON (Reuters) – German Finance Minister Olaf Scholz on Friday redoubled his criticism of Facebook’s plans to launch its Libra cryptocurrency, and said creation of a new world currency should be prevented. Scholz, speaking with reporters at the IMF and World Bank fall meetings in Washington, cited growing concern about such “stablecoins” and the potential…

NEW YORK (Reuters) – AT&T (T.N) and Elliott Management are talking about issues the activist hedge fund raised last month when it pushed for change at the U.S. telecommunications and media conglomerate, two people familiar with the matter said on Thursday. Elliott is pressing the telecommunications giant to cut costs, make management changes and scale…

WASHINGTON (Reuters) – The U.S. National Transportation Safety Board (NTSB) will hold a Nov. 19 hearing to determine the probable cause of a March 2018 Uber Technologies Inc (UBER.N) self-driving vehicle crash that killed a pedestrian in Arizona. The crash, involving a Volvo XC90 sport utility vehicle that Uber was using to test self-driving technology,…

WASHINGTON (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg on Thursday attacked the rapidly growing Chinese short-video app, saying it censored political protest, including in the United States. While delivering an address on free speech at Georgetown University in Washington, Zuckerberg said Facebook social media platforms like WhatsApp were used by protesters and activists everywhere…

SAN FRANCISCO (Reuters) – Disinformation campaigns helped lead to the assassination of Martin Luther King, the daughter of the U.S. civil rights champion said on Thursday after the head of Facebook said social media should not factcheck political advertisements. The comments come as Facebook Inc (FB.O) is under fire for its approach to political advertisements…