Technology

BEIJING/TOKYO (Reuters) – U.S. electric carmaker Tesla Inc (TSLA.O) plans to slash on-site staff at its Nevada battery plant by around 75% due to the coronavirus pandemic, the local county manager said on Thursday. The move comes after its Japanese…

SEOUL (Reuters) – For Samsung Electronics Co Ltd (005930.KS), the 2020 Tokyo Olympics were going to be its springboard to attain a long-held goal – making significant inroads into Japan’s lucrative smartphone market where Apple Inc (AAPL.O) dominates. But after…

(Reuters) – Senior officials in the Trump administration agreed to new measures to restrict the global supply of chips to China’s Huawei Technologies, sources familiar with the matter said, as the White House ramps up criticism of China over coronavirus.…

(Reuters) – Facebook Inc on Thursday named the U.S. Treasury’s former deputy secretary, Robert Kimmitt, to its board as lead independent director, effective immediately. “The lead independent director is an important role for us and we’ve been looking for a…

LONDON (Reuters) – China’s Huawei Technologies unveiled its new flagship photography-focused P40 smartphones on Wednesday in an online presentation after the coronavirus scuppered the event it had planned. Richard Yu, chief executive of Huawei’s Consumer Business Group, showed three smartphones…

(This March 25 story corrects after E.ON says it will not provide energy solutions to Tesla and has not been given 18 months to do it) FRANKFURT (Reuters) – E.ON, Germany’s largest energy group, has been hired by Tesla to…

LONDON (Reuters) – Several of Britain’s digital banks are still waiting to hear if they can offer government-backed loans to struggling small businesses damaged by the coronavirus outbreak, days after a multi-billion pound rescue scheme was launched. Neo-banks including OakNorth,…

(Reuters) – Senior cabinet officials in the Trump administration agreed to new measures to restrict the global supply of chips to China’s Huawei Technologies, sources familiar with the matter said, as the White House ramps up criticism of China over…

LONDON (Reuters) – The use of virtual annual meetings by companies during the coronavirus epidemic must not become the norm once restrictions on people’s movements are lifted, responsible investment campaign group ShareAction said on Thursday. Such a move could prevent…

VIENNA (Reuters) – Austria to will postpone its 5G frequency auction due to the coronavirus crisis, telecoms regulator RTR said on Thursday. The auction for the 700, 1,500 and 2,100