Elbit Systems launches nanosatellite for commercial communications
Israeli defense electronics firm Elbit Systems said on Wednesday its nanosatellite, called Nanova, was successfully launched into space....
Tougher rules in store for Google, Facebook over UK online ads
Britain’s competition regulator looked set to spare Google and Facebook an in-depth investigation of their domination of online advertising on Wednesday, but flagged the need...
Tencent taps GIC, sovereign funds to rescue Universal Music deal: sources
Tencent Holdings Ltd has turned to Singapore’s state investor GIC and other sovereign funds to help rescue a deal to buy a stake in Vivendi’s...
Apple, Amazon, Google partner to make smart home devices more compatible
Amazon.com Inc, Apple Inc and Alphabet Inc’s Google are partnering to lay the groundwork for better compatibility among their smart home products, the companies said...
Facebook, Google say will engage with UK regulator on advertising
Facebook and Google said on Wednesday they would work with British government and CMA competition watchdog on digital advertising after the CMA said it could...
Britain poised to tackle Google, Facebook’s online ads dominance
Britain’s competition regulator said there was a strong argument for tougher regulation of Google and Facebook to curb any negative consequences stemming from their domination...
Drive me crazy: Colombia ride-hailing apps, tech firms bristle at regulations
Uber driver Juan Jose is quick to cover his cell phone with the red rag he keeps in his front seat whenever he spots a...
Amazon’s Twitch says Russian firm drops suit over illegal content
Amazon’s Twitch said on Wednesday that Russia’s Rambler Group had withdrawn its claim against the streaming service over alleged piracy broadcasting of English Premier League...
Volvo to sell low-margin Japan truck unit to Isuzu in $2.3 billion deal
Sweden’s Volvo AB will sell its Japan-based UD Trucks business to Isuzu Motors in a deal worth around $2.3 billion, exiting a low-margin business and...
Fed’s Brainard: Facebook’s Libra faces ‘core set’ of regulatory hurdles
U.S. Federal Reserve Governor Lael Brainard launched a broadside against Facebook’s Libra digital currency project on Wednesday, saying it faces a “core set of legal...