Huawei confident it can resolve ARM suspension
Huawei said it was confident it could resolve the situation that has seen its chip design partner ARM suspend collaboration after the United States said it could block the Chinese company’s access to U.S. technology.
Citing Reuters report, health groups push tech firms to police tobacco marketing
More than 100 public health and anti-tobacco organizations are calling on Facebook Inc, Instagram, Twitter and Snap Inc to take “swift action” to curb advertising of tobacco products on their platforms.
Apple more upfront with iPhone users on battery health: UK watchdog
Britain’s competition watchdog said on Wednesday that Apple Inc has committed to be “clearer and more upfront” with iPhone users about battery health and performance, after the regulator looked into consumer concerns on the matter.
U.S. judge hammers Qualcomm in antitrust case, shares sink 13%
Qualcomm Inc used unlawful, anticompetitive practices to license patents for modems used in mobile phones, a judge has ruled in a case brought by the U.S. trade regulator, ordering it to renegotiate major deals and change how it does business.
Exclusive: Tencent and Riot Games developing mobile version of League of Legends – sources
China’s Tencent Holdings Ltd is working with its U.S. unit Riot Games to develop a mobile version of “League of Legends”, the world’s most popular desktop-based game, three sources with knowledge of the matter told Reuters.
U.S. Justice Department staff recommends blocking T-Mobile-Sprint deal, sources say
The U.S. Justice Department’s antitrust division staff has recommended the agency block T-Mobile US Inc’s $26 billion acquisition of smaller rival Sprint Corp, according to two sources familiar with the matter.
British Steel falls into liquidation after failing to secure funding
British Steel, the country’s second largest steel producer, has collapsed after failing to secure emergency government funding, jeopardising some 25,000 jobs, Britain’s Official Receiver said on Wednesday.
Same-day deliveries, store revamps drive Target’s strong results
Target Corp beat first-quarter estimates for same-store sales and profit on Wednesday, as the retailer’s strategy to invest more in its delivery services and revamp stores drew in more shoppers, sending its shares up more than 9%.
Commerzbank open to M&A after Deutsche Bank talks collapse
Commerzbank may refine its strategy and is still open to mergers following the collapse of talks with its larger rival Deutsche Bank, the lender’s chief executive said on Wednesday.
Futures dip on reports U.S. to target another Chinese firm
U.S. stock index futures dipped on Wednesday, as fears of a possible escalation in the trade war between the United States and China were rekindled after reports that Washington could impose sanctions on another Chinese company.