[ad_1] WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Monday that Chinese-owned short video app TikTok cannot continue in its present form collecting data on Americans on a…
Tag: Telecommunications Services (TRBC level 3)
Deutsche Telekom to keep grip on T-Mobile in chase for U.S. top spot
[ad_1] BERLIN (Reuters) – Deutsche Telekom DTEGn.DE will retain control of T-Mobile TMUS.O should Japan’s Softbank 9984.T liquidate its stake, CEO Tim Hoettges said on Friday as he vowed to…
Exclusive: New EU rules to define gatekeepers by users, areas of business – sources
[ad_1] BRUSSELS (Reuters) – Tech companies with millions of European users or active in at least two sectors will be classified as online gatekeepers subject to tough new EU rules…
Nokia cuts profit forecast and revamps strategy, shares slump 13%
[ad_1] By Anne Kauranen, Supantha Mukherjee STOCKHOLM/HELSINKI (Reuters) – Telecom equipment maker Nokia NOKIA.HE cut its full-year profit and margin forecasts on Thursday, sending its shares tumbling 13% as the…
LG shakes up loss-making phone business, to outsource lower-end models
[ad_1] FILE PHOTO: A man walks past an LG logo at the Mobile World Congress in Barcelona, Spain, February 27, 2018. REUTERS/Sergio Perez SEOUL (Reuters) – LG Electronics said on…
Microsoft to invest $1.5 billion in Italian cloud business
[ad_1] FILE PHOTO: A Microsoft logo is seen next to a cloud in Los Angeles, California, U.S. on June 14, 2016. REUTERS/Lucy Nicholson/File Photo MILAN (Reuters) – Microsoft Corp. said…
Sanctions-hit Huawei ramps up investment in Chinese tech sector
[ad_1] SHANGHAI (Reuters) – Huawei Technologies has built up stakes in Chinese semiconductor companies and other tech businesses as the world’s largest telecoms equipment maker bolsters its supply chain in…
Italy vetoes 5G deal between Fastweb and China’s Huawei: sources
[ad_1] By Giuseppe Fonte, Elvira Pollina ROME (Reuters) – Italy has prevented telecoms group Fastweb from signing a deal for Huawei [HWT.UL] to supply equipment for its 5G core network,…
Sweden bans Huawei, ZTE from upcoming 5G networks
[ad_1] By Supantha Mukherjee, Helena Soderpalm STOCKHOLM (Reuters) – Sweden has banned telecoms equipment from Huawei and ZTE 000063.SZ in its 5G network, joining other European nations that have restricted…