Microsoft beats revenue estimates on cloud boost
Microsoft Corp on Thursday reported fourth-quarter revenue that beat analysts’ estimates, powered by growth in its flagship cloud product Azure....
Trump says he’s looking closely at Amazon contract with Pentagon
President Donald Trump said on Thursday his administration was looking closely at Amazon’s contract with the U.S. Defense Department after getting complaints from other tech...
5 policymaker concerns over Facebook’s Libra
G7 finance ministers and the U.S. House Financial Services Committee all added to the chorus of concerned voices about Facebook’s new cryptocurrency. These are their...
Libra launch won’t happen until regulators are happy: Coeure
Global regulators will not let Facebook launch its Libra currency until all their concerns, ranging from money laundering to financial stability, have been addressed and...
G7 urges tough Libra regulation, agrees to tax digital giants
Digital currencies such as Facebook’s planned Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the...
Russia fines Google for failing to filter search results
Russia’s communications watchdog fined Google 700,000 roubles ($11,100) on Thursday for failing to fulfil legal requirements to remove entries from its search results that Moscow...
EU clears Vodafone’s $22 billion Liberty deal
Brussels gave its blessing to Vodafone’s $22 billion purchase of Liberty Global’s cable networks in Germany and central Europe, clearing the way for the British...
Indonesia aims to start electric vehicle production in 2022
Indonesia is aiming to start producing electric vehicles (EVs) in 2022, a senior official at the Industry Ministry told Reuters on Thursday, after a number...
TSMC expects 5G to drive earnings, flags South Korea-Japan spat as risk
Taiwan’s TSMC forecast that robust demand for 5G chips will drive a stronger second-half even as it anticipates a dispute between Japan and South Korea...
Stablecoins like Libra must be held to highest standards: G7
Stablecoins like Facebook’s Libra can foster financial inclusion but they must be held “to the highest regulatory standards” to ensure that they aren’t used to...