U.S. drafts rule to allow Huawei and U.S. firms to work together on 5G standards: sources
The U.S. Department of Commerce is close to signing off on a new rule that allows U.S. companies to work with China’s Huawei Technologies on...
Volvo Cars to integrate Luminar lidar in next generation car platform
Volvo Cars is deepening ties with lidar sensor specialist Luminar, and has struck a deal with the Silicon Valley-based start-up to integrate its technology in...
Shopify posts surprise adjusted profit as lockdowns drive merchants online
Canadian e-commerce company Shopify Inc on Wednesday posted a surprise adjusted profit for the first quarter and beat revenue estimates as more users visited its...
Lego-based robot sanitizer created at refugee camp
Refugees at the Zaatari camp in Jordan have designed a robot prototype made from LEGOs, which automatically dispenses sanitizer to avoid contact with the bottle...
Shopify revenue beats as virus lockdowns boost merchant signups
Canadian e-commerce company Shopify Inc beat revenue estimates on Wednesday as more users visited its platform after coronavirus-driven lockdowns led merchants to move their businesses...
Samsung heir Lee apologises over succession, won’t hand control to children
Samsung Group heir Jay Y. Lee, embroiled in a bribery scandal, on Wednesday made a rare apology over controversial succession plans and said he will...
Finland’s Nokia to buy back its 2021 bond worth 500 million euros and issue a new one
Finnish telecom equipment maker Nokia said on Wednesday it had issued an offer to buy back for cash its 1% notes due March 15, 2021...
Uber rival Bolt aims to launch scooters in 45 cities
Estonian ride-sharing service Bolt on Wednesday launched its own electric scooter model and said it aims to launch the scooter service in more than 45...
Pinterest flags slowing ad spend as quarterly loss widens, shares fall
Pinterest Inc on Tuesday said advertisers were slowing spending on the image sharing company due to the COVID-19 pandemic and reported a bigger-than-expected first-quarter loss...
EA sees full-year revenue above estimates as home-sheltering boosts gaming
Video game publisher Electronic Arts Inc forecast full-year adjusted revenue above Wall Street estimates on Tuesday, riding on the broader surge in videogame sales as...
