Reuters is an international news organization. It is a division of Thomson Reuters and has nearly 200 locations around the world. Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data.

Apple says $14 billion EU tax order ‘defies reality and common sense’

By Reuters | September 17, 2019

LUXEMBOURG (Reuters) – The European Union’s order for Apple (AAPL.O) to pay 13 billion euros ($14 billion) in back taxes to Ireland “defies reality and common sense,” the U.S. company said on Tuesday, as it launched a legal challenge against

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EU court says Germany has to notify EU of copyright law targeting Google

By Reuters | September 12, 2019

BRUSSELS (Reuters) – Google won a victory on Thursday after Europe’s top court said Germany has to notify the European Commission of a rule allowing publishers to demand a copyright fee from the U.S. tech giant for using news snippets.

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Libra cryptocurrency must meet tough regulatory standards-U.S. Treasury

By Reuters | September 10, 2019

BERN (Reuters) – The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing, a senior U.S. Treasury official said on Tuesday. Any cryptocurrency project, including Geneva-based Libra, operating in all or substantial parts

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Alibaba set for ‘big challenge’ as flamboyant chairman Ma departs

By Reuters | September 9, 2019

SHANGHAI (Reuters) – Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting task of steering the $460 billion juggernaut at a time when the market for its core e-commerce

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Huawei shows off ‘most powerful’ chipset as forges ahead with 5G smartphone plan

By Reuters | September 6, 2019

BERLIN (Reuters) – Huawei Technologies showcased its chipset for a new high-end smartphone on Friday, pressing ahead with plans to launch its Mate 30 range, despite uncertainty about whether the new phones will be able to run Google’s Android operating

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Amazon fined 4 million euros in France over competition issues: report

By Reuters | September 4, 2019

PARIS (Reuters) – Online retail giant Amazon was fined 4 million euros ($4.5 million) by the Paris commercial court for introducing abusive clauses in its contracts with third-party vendors, French website Nextinpact reported on Tuesday. The decision by the Paris

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Pitney Bowes to sell software solutions unit for $700 million to cut debt

By Reuters | August 26, 2019

Mail management company Pitney Bowes Inc (PBI.N) said on Monday it would sell its software solutions unit to enterprise solutions provider Syncsort for $700 million in an all-cash deal, as it looks to cut its debt. Shares of Pitney rose

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Tesla’s Musk, Alibaba’s Ma to talk at Shanghai tech event this week

By Reuters | August 26, 2019

SHANGHAI (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk and Alibaba Group Holding Ltd (BABA.N) chairman Jack Ma will speak at a conference on artificial intelligence (AI) to be held this week in Shanghai, an Alibaba spokeswoman said on Monday.

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China cries foul over Facebook, Twitter block of fake accounts

By Reuters | August 20, 2019

BEIJING (Reuters) – China said on Tuesday it had a right to put out its own views after Twitter and Facebook said they had dismantled a state-backed social media campaign originating in mainland China that sought to undermine protests in

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Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers – sources

By Reuters | August 18, 2019

SINGAPORE/WASHINGTON (Reuters) – The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with the

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Alibaba and the $15 billion question: Amid Hong Kong’s protests, when to list?

By Reuters | August 16, 2019

HONG KONG (Reuters) – Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding Ltd (BABA.N) on the timing of its planned $15 billion listing in the city, with sources saying China’s biggest e-commerce company is now considering

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Exclusive: Google’s jobs search draws antitrust complaints from rivals

By Reuters | August 13, 2019

BRUSSELS/SAN FRANCISCO (Reuters) – Google’s fast-growing tool for searching job listings has been a boon for employers and job boards starving for candidates, but several rival job-finding services contend anti-competitive behavior has fueled its rise and cost them users and