SINGAPORE (Reuters) – Singapore’s competition commission said on Monday it plans to do further in-depth assessment of the tie-up between the city-state’s top taxi operator, ComfortDelGro, and Uber [UBER.UL], after an initial review.
SHANGHAI (Reuters) – China’s tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd , worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers’ digital wallets.
MUMBAI (Reuters) – India’s Reliance Industries Ltd and global technology companies will invest 600 billion rupees ($9.34 billion) over 10 years to set up an integrated industrial area in the western state of Maharashtra, the company’s chairman Mukesh A…
BERLIN (Reuters) – U.S. investigators probing Mercedes maker Daimler have found that its cars were equipped with software which may have help them to pass diesel emissions tests, a German newspaper reported on Sunday, citing confidential documents.
MUMBAI (Reuters) – India’s City Union Bank said on Sunday that “cyber criminals” had hacked its systems and transferred nearly $2 million through three unauthorized remittances to lenders overseas via the SWIFT financial platform.
DUBAI (Reuters) – Careem, a Middle East competitor to Uber Technologies [UBER.UL], said on Sunday it had acquired RoundMenu and would start trialing food delivery services through the restaurant listing and reservation online platform this month.
WASHINGTON (Reuters) – Facebook Inc will start using postcards sent by U.S. mail later this year to verify the identities and location of people who want to purchase U.S. election-related advertising on its site, a senior company executive said on Satu…
(Reuters) – U.S. semiconductor company Qualcomm Inc should try to negotiate a sale to Broadcom Ltd following the latter’s sweetened $121 billion offer, proxy advisory firm Institutional Shareholder Services Inc (ISS) said.
SAN FRANCISCO/WASHINGTON (Reuters) – The Russian influence operation designed to tamper with the 2016 U.S. presidential election used a combination of old-school espionage tactics and 21st-century technologies that will not be easy to stop, even now th…
CARACAS (Reuters) – Venezuela’s new “petro” cryptocurrency will attract investments from Turkey, Qatar, the United States and Europe, the country’s cryptocurrency regulator said on Friday.
(Reuters) – Uber Technologies [UBER.UL] is preparing to sell its Southeast Asia ride-hailing business to Singapore-based Grab in return for a substantial stake in the company, CNBC reported, citing two sources familiar with the matter.
BRUSSELS (Reuters) – A Belgian court threatened Facebook on Friday with a fine of up to 100 million euros ($125 million) if it continued to break privacy laws by tracking people on third-party websites.
WASHINGTON (Reuters) – Malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016, the White House Council of Economic Advisers estimated in a report on Friday.
WILMINGTON, Del (Reuters) – A lawyer for Takata Corp’s U.S. business, bankrupted by a recall of faulty air bags, indicated on Friday that the company is on the verge of receiving court approval for its reorganization and $1.6 billion sale of its non-ai…
(Reuters) – Intel Corp said on Friday shareholders and customers had filed 32 class action lawsuits against the company in connection with recently-disclosed security flaws in its microchips.