U.S. could have decision on companies selling to Huawei by next week
The Trump administration could by next week issue decisions to companies that have requested special licenses to sell to Chinese telecoms giant Huawei, U.S. Commerce...
Amazon, Walmart, Ikea targeted in Univ. of California light bulb lawsuits
Five major retailers, including Amazon.com Inc and Walmart Inc, were sued on Tuesday by the University of California over what it called the “existential threat”...
GrubHub profit misses on higher spending to fend off competition
GrubHub Inc’s quarterly profit missed analyst estimates on Tuesday, hit by soaring costs as the online food delivery company tries to fend off competition, sending...
Oh Snap: Senator proposes bill to ban Snapchat ‘Snapstreaks’
A bill introduced by a Republican U.S. senator on Tuesday aims to curb overuse of social media use by banning Snapchat’s Snapstreak feature, among elements...
Morocco’s BMCE Bank looks to build on China ties to deliver $11 billion tech city
BMCE Bank is looking to build on its ties with China to help finance and develop a new industrial city in the north of Morocco,...
Synamedia sees pay TV driving growth for three-four years before IPO
Pay-TV software maker Synamedia, supplier to Comcast’s Sky and AT&T’s Direct TV, believes the pay-TV market will continue to grow despite the rise of streaming...
Capital One shares drop on questions over hack
Capital One Financial Corp shares fell as much as 5.8% on Tuesday as investors worried about its management of customer data after the credit-card issuer...
Czech telecom hopeful wants more spectrum available in 5G auction
Czech Republic-based Nordic Telecom, aiming to become the country’s fourth mobile operator, wants an upcoming auction of new-generation 5G frequencies to offer a greater proportion...
GrubHub reports slump in quarterly profit as costs rise
GrubHub Inc reported a slump in quarterly profit on Tuesday, hurt by soaring costs as the online food delivery company faces off against rivals Uber...
Russia to rework draft law on limiting foreign ownership in top IT firms: IFX
Russia will rework a draft law on limiting foreign ownership in major IT companies to take into account the opinions of market players including Yandex,...