Reuters news

U.S. online privacy rules unlikely this year, hurting big tech

September 30, 2019

WASHINGTON (Reuters) – A U.S. online privacy bill is not likely to come before Congress this year, three sources said, as lawmakers disagree over issues like whether the bill should preempt state rules, forcing companies to deal with much stricter


Apple will seek theater deals for movies before streaming: WSJ

September 27, 2019

(Reuters) – Apple Inc plans to take a different path to streaming rival Netflix and allow theatrical releases for some of the feature-length films it has begun producing for its new Apple TV+ service, the Wall Street Journal reported on


Huawei already producing 5G base stations without U.S. parts: CEO

September 26, 2019

HONG KONG (Reuters) – Huawei Technologies Co Ltd’s [HWT.UL] founder and CEO Ren Zhengfei said on Thursday the company is already producing 5G base stations that are free of U.S. components and plans to more than double production next year.

Reuters news

Ford self-driving cars to launch in Austin in 2021

September 25, 2019

(Reuters) – Ford Motor Co (F.N) said on Wednesday it will add Austin, Texas, to the short list of cities where it plans to launch a commercial transportation service using automated vehicles in 2021. The U.S. automaker previously said it


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

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

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

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

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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