Technology

(Reuters) – A federal judge said Apple Inc (AAPL.O) must face part of a lawsuit claiming it fraudulently concealed falling demand for iPhones, especially in China, leading to tens of billions of dollars in shareholder losses. While dismissing most claims,…

BEIJING (Reuters) – Polestar, the premium electric vehicle maker owned by China’s Geely, plans to open 20 showrooms in the mainland, as it prepares for delivery of its Polestar 2 electric sedans to compete with Tesla Inc’s locally made Model…

LONDON (Reuters) – U.S. Republican Senator Tom Cotton cautioned Britain on Wednesday that a decision to allow China’s Huawei a role in 5G networks could hurt military cooperation and be an issue in trade talks. “It may impose some limitations…

LONDON/DUBAI (Reuters) – China’s Huawei Technologies acted to cover up its relationship with a firm that had tried to sell prohibited U.S. computer gear to Iran, after Reuters in 20

NEW DELHI (Reuters) – Alphabet Inc’s Google has taken down an Indian mobile application from its app store that allowed users to remove other Chinese apps from their phones as it violated certain company policies, a spokesman said on Wednesday.…

SINGAPORE (Reuters) – Facebook Inc (FB.O) messaging platform WhatsApp and PayPal Holdings Inc (PYPL.O) on Wednesday said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm’s ongoing fundraising round. WhatsApp and…

NEW DELHI (Reuters) – The U.S. government’s move to launch a trade investigation into a digital services tax adopted by several countries including India should not be construed as a move of aggression against New Delhi, a senior Indian government…

(Reuters) – Ride-hailing firm Lyft Inc said on Tuesday that rides on its platform rose 26% in May from the previous month helped by strong growth in cities where coronavirus-induced restrictions have been eased. Lyft’s shares rose 4.2% to $33.02…

SINGAPORE (Reuters) – Facebook Inc (FB.O) messaging platform WhatsApp and Paypal Holdings Inc (PYPL.O) on Wednesday said they have invested in payment and ride-hailing firm Gojek as part of the Indonesian firm’s ongoing fundraising round. WhatsApp and Paypal did not…

NEW YORK (Reuters) – Just a few months ago, 17-year-old Taylor Cassidy was spending hours flailing her arms in an attempt to pick up the latest dance move the “Renegade.” That all changed as Cassidy watched videos by Black Lives…