INFBusiness

SYDNEY (Reuters) – Australia will force U.S. tech giants Facebook Inc (FB.O) and Alphabet Inc’s (GOOGL.O) Google to pay Australian media outlets for news content in a landmark move to protect independent journalism that will be watched around the world.…

SEOUL (Reuters) – LG Chem, an electric vehicle battery supplier for Tesla, Volkswagen (VOWG_p.DE) and others, said on Friday it expects profitability in its battery business to rise in the second half, helping shares surge nearly 10

WASHINGTON (Reuters) – Amazon.com Inc (AMZN.O) said on Thursday it will invest more than $10 billion to build a network of 3,236 satellites that will provide high-speed broadband internet services to people around the world who lack such access. The…

SYDNEY (Reuters) – Australia will force Facebook Inc (FB.O) and Alphabet Inc’s (GOOGL.O) Google to pay Australian media outlets for news content, Treasurer Josh Frydenberg said on Friday. Frydenberg said the mandatory code of conduct, which will be legislated into…

SHENZHEN, China (Reuters) – Huawei Technologies [HWT.UL] and Apple (AAPL.O) both increased their share of the China smartphone market in the second quarter of 2020, bucking a broader trend as the overall market for handsets continued to contract. Huawei shipped…

(Reuters) – Twitter Inc (TWTR.N), whose internal systems were breached about two weeks ago, said on Thursday the incident targeted a small number of employees through a phone “spear-phishing” attack. The U.S. microblogging site said the hackers targeted about 130

(Reuters) – Facebook Inc (FB.O) beat analysts’ estimates for quarterly revenue on Thursday, as businesses used its digital advertising tools to tap a surge in online traffic during the coronavirus pandemic even as they slashed marketing budgets elsewhere. Shares of…

OAKLAND, Calif./BENGALURU (Reuters) – Google’s ad sales have recovered since plummeting in March during the coronavirus pandemic, parent Alphabet Inc (GOOGL.O) said on Thursday, easing concerns about its first quarterly sales slide in its 16 years as a public company.…

(Reuters) – Apple Inc (AAPL.O) on Thursday delivered blowout quarterly results, reporting revenue gains across every category and in every geography as consumers working and learning from home during the COVID-19 pandemic turned to its products and services. The report…