Reuters

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

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

Reuters news

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.

Reuters news

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

Reuters news

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

Reuters news

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

Reuters news

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

Alibaba Cloud

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

Reuters news

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