Technology

WASHINGTON (Reuters) – Chinese telecoms company ZTE (000063.SZ) is the subject of a new bribery investigation at the U.S. Justice Department, centered on suspected bribes paid to foreign officials to gain advantages in its worldwide operations, NBC News said. A…

(Reuters) – Activist investor Elliott Management said on Friday it supports SoftBank Group Corp’s (9984.T) latest move to buy back up to $4.8 billion of its shares. Elliott also said SoftBank would have opportunities to pursue additional buybacks following the…

(Reuters) – Apple Inc (AAPL.O) on Friday called off the in-person portion of its annual developers conference scheduled to be held in San Jose and said it would run the program entirely online in June because of coronavirus fears. Source:www.reuters.com

(Reuters) – Xerox Holdings Corp, which is in a proxy fight for control of HP Inc, said on Friday it would postpone meetings with shareholders of the personal computer maker amid the coronavirus outbreak. The U.S. printer maker added that…

LONDON (Reuters) – Bitcoin surged by more than a fifth on Friday amid high volatility across rebounding global markets, reversing some of its heavy losses from a day earlier but still leaving the cryptocurrency down nearly 30% since the start…

BEIJING/HONG KONG (Reuters) – The founder of China’s ByteDance, owner of the wildly successful TikTok app, has for years aspired to make ByteDance the first Chinese firm to rival U.S. internet giants on the global stage. On Thursday Zhang Yiming…

TOKYO (Reuters) – SoftBank Group Corp (9984.T) is buying back up to $4.8 billion of its shares after their recent slump, a move that partially met the demand of activist fund Elliott but failed to soothe investors panicking from the…

(Reuters) – Just Eat Takeaway (JET), Europe’s largest online food ordering and delivery company, said on Friday its Takeaway subsidiary would begin dropping orders at the door as a precautionary measure in light of the global coronavirus outbreak. The move…

(Reuters) – The U.S. Department of Defense (DoD) is seeking court permission to reconsider certain aspects of its decision to award a $10 billion cloud computing contract to Microsoft Corp, court filings showed on Thursday. A U.S. judge last month…

(Reuters) – Growth in cloud business helped Oracle Corp top quarterly profit and revenue on Thursday and said the coronavirus will have “minimal impact” on the fourth-quarter revenue, which is usually skewed toward software licenses rather than hardware. “We expect…