Technology

(Reuters) – Facebook Inc (FB.O) is in talks to buy a multi billion dollar stake in Reliance Industries Ltd’s (RELI.NS) telecom unit, the Financial Times reported on Tuesday, citing two people with knowledge of the matter. The report on.ft.com/2wyFwc1 said…

NEW DELHI (Reuters) – Walmart Inc’s Flipkart has suspended services, a notice on the Indian e-commerce firm’s website said on Wednesday, as India began a 21-day lockdown to fight the spread of the coronavirus pandemic. Flipkart’s move came after rival…

(Reuters) – Apple Inc could start re-opening some of its retail stores in the first half of April, Bloomberg reported on Tuesday, citing an internal memo. The company has also extended remote work abilities for many employees through at least…

(Reuters) – Facebook Inc said on Tuesday its business was being hit by the coronavirus outbreak, with weaker sales of advertising that make up nearly all the social network’s revenue even as more users spend time on its apps during…

BENGALURU/NEW DELHI (Reuters) – Streaming service Netflix Inc (NFLX.O) and social media giant Facebook Inc (FB.O) said on Tuesday they would reduce the amount of data their services use to ease congested telecoms networks in India, where millions are using…

(Reuters) – British fintech firm Revolut Ltd on Tuesday launched its banking app and debit cards for customers in the United States as it seeks to expand beyond its base in the UK and Europe. The rapidly growing app, started…

MOSCOW (Reuters) – Russia has urged consumers and businesses to use digital payments rather than cash in an effort to slow the spread of the coronavirus and told banks to limit rouble notes in circulation. Consumer safety watchdog Rospotrebnadzor this…

(Reuters) – Netflix Inc (NFLX.O) said on Tuesday it would reduce traffic over telecom networks in India by 25% over the next 30

SHANGHAI (Reuters) – China’s Ministry of Industry and Information Technology (MIIT) has called for the 5G network to be built faster to minimize the impact of the coronavirus, according to a document published on Tuesday. The agency also called for…

TOKYO (Reuters) – Toyota Motor Corp and Nippon Telegraph and Telephone Corp have agreed to work together on developing smart cities and will invest 200