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SoftBank monetises investments as telco IPO looms

Japan’s SoftBank Group Corp on Monday reported a 49 percent rise in first-quarter operating profit, boosted by the sale of …read more Source: Reuters Tech News

Singapore cyber attack has hallmarks of state-linked group, government says

Singapore’s worst cyber attack in its history, in which personal information of about 1.5 million people including the Prime Minister …read more Source: Reuters Tech News

India’s RCom, Sweden’s Ericsson reach $80 million settlement

Reliance Communications Ltd (RCom) said on Monday it had received approval from the Supreme Court to proceed with the sale …read more Source: Reuters Tech News

Schaeffler buys drive-by-wire technology for autonomous vehicles

German automotive supplier Schaeffler is acquiring drive-by-wire technology Space Drive from Paravan GmbH, which it said on Monday would …read more Source: Reuters Tech News

Apple removes most of U.S. conspiracy theorist’s podcasts from iTunes

Most of U.S. conspiracy theorist Alex Jones’s podcasts from his right-wing media platform Infowars have been removed from Apple’s iTunes …read more Source: Reuters Tech News

SoftBank profit swells 49 percent as it monetizes investments

Japan’s SoftBank Group Corp on Monday reported a 49 percent rise in first-quarter operating profit, boosted by the sale of …read more Source: Reuters Tech News

China’s Didi to invest $1 billion in its auto services platform

Didi Chuxing, China’s largest ride-hailing service, said on Monday it will invest $1 billion in its auto services business as …read more Source: Reuters Tech News

TSMC computer virus hit may delay Apple shipments, but impact limited: analysts

A computer virus outbreak at Taiwan Semiconductor Manufacturing Co Ltd (TSMC) could delay chip shipments for Apple Inc’s new iPhones …read more Source: Reuters Tech News

TSMC says third-quarter revenue hit by computer virus

A computer virus outbreak has hit third-quarter results at Taiwan Semiconductor Manufacturing Company Ltd, the world’s largest contract chipmaker, the …read more Source: Reuters Tech News

Huawei in British spotlight over use of U.S. firm’s software

Huawei Technologies [HWT.UL] is facing increased scrutiny in Britain because it is using an aging software component sold by a …read more Source: Reuters Tech News