U.S. tech giants such as Facebook and Amazon could face tougher rules as European Union regulators seek evidence to curb their role as gatekeepers to the internet and access to people, information and services, according to an EU tender seen by Reuters.
Microsoft Corp. said on Friday it would create its first datacentre region in Italy under a $1.5 billion investment plan as the U.S. company expands its cloud computing services to more locations across the world.
Tesla Inc is aiming to restart production in its U.S. car plant in Fremont, California on Friday afternoon, according to an email sent by Chief Executive Officer Elon Musk to staff.
Siemens stock surged on Friday after the German engineering company said it was speeding up cost savings to tackle the coronavirus downturn and the flotation of its energy business remained on track.
Japan's Sharp Corp, an Apple Inc supplier, cut its full-year profit forecast by 48% on Friday, as demand for technology devices took a hit from the coronavirus outbreak.
Siemens on Friday said it expected "even stronger impacts" from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter.
Samsung Group heir Jay Y. Lee's vow to end dynastic succession at South Korea's biggest conglomerate following three generations of family control sparked skepticism in some quarters and worry in others for the future of the country's corporate champions.
India's Reliance Industries Ltd said on Friday private equity firm Vista Equity Partners would invest 113.67 billion rupees ($1.50 billion) in its Jio platforms for a 2.32% stake.
The runaway success of Nintendo Co Ltd's island life simulator Animal Crossing: New Horizons has overshadowed an uncomfortable fact for fans of the Switch console - it lacks upcoming titles.
Uber Technologies Inc's ride service bookings rose last week and the company expects a coronavirus-related slowdown will delay the goal of becoming profitable by a matter of quarters, not years, Chief Executive Dara Khosrowshahi said on Thursday.