Technology

TOKYO (Reuters) – SoftBank Group Corp (9984.T) shares closed down almost 3% on Wednesday, extending this week’s slump that has wiped around $13 billion from its market capitalisation, as investors fretted about the conglomerate’s exposure to sliding U.S. tech stocks.…

MADRID (Reuters) – Telecoms group MasMovil launched a trial of next-generation 5G Internet services in 15 Spanish cities on Wednesday, hot on the heels of rivals Telefonica and Orange. Operators across the world are activating networks that can offer super-fast…

FRANKFURT (Reuters) – Germany’s Auto Motor und Sport said Volkswagen’s (VOWG_p.DE) new electric car, the ID.3, had fallen short of the carmaker’s usual standards of fit and finish, and had a limited operating range, when it reviewed the car ahead…

SHENZHEN, China (Reuters) – Huawei Technologies is expected to respond on Thursday to the latest salvo of U.S. technology restrictions against it and share its progress on developing a system that is seen as its best bet to replace Google’s…

TOKYO (Reuters) – SoftBank Group Corp (9984.T) shares were down 5% in afternoon trade on Wednesday, extending this week’s slump that has wiped $15 billion from its market capitalisation, as investors worried about the conglomerate’s exposure to sliding U.S. tech…

(Reuters) – Ride-hailing firm Lyft Inc said on Tuesday that its trips rose 7.3% in August from July as operations in Canada recovered faster than in the United States. But the novel coronavirus pandemic is still crushing demand with overall…

TOKYO (Reuters) – SoftBank Group Corp shares fell 5% in early trading on Wednesday as investors worried about the Japanese conglomerate’s exposure to U.S. tech stocks, which slid for the third straight session. The fall takes SoftBank’s share decline to…

(Reuters) – Slack Technologies Inc’s (WORK.N) billing growth, a key indicator of future revenue, slowed in the second quarter and the workplace messaging app owner said it took a $11 million hit in the first half due to the COVID-19…

WASHINGTON (Reuters) – Three Republican U.S. senators on Tuesday introduced the latest legislation targeting a federal law that largely exempts tech platforms such as Facebook and Twitter from legal liability for the material their users post. The bill from Senator…

(Reuters) – Tesla Inc shed about $80 billion of its market value on Tuesday, an amount that overshadows the combined value of General Motors Co and Ford Motor Co, after its surprise exclusion from the S&P 500