Technology

Latin American e-commerce company Peixe is in advanced talks to acquire electric scooter firm Grow Mobility, four people with knowledge of the matter said on Tuesday, potentially the latest deal in a crowded sector where profitability remains an elusive goal.

SoftBank-backed startup CloudMinds has been blocked from sharing U.S.-origin technology with its China business, documents showed, illustrating how increased U.S. government restrictions are creating new headaches for tech firms and their investors.

SoftBank Group Corp Chief Executive Masayoshi Son held his first "pre-IPO summit" for the Japanese conglomerate's portfolio companies on Tuesday, introducing them to Wall Street investors who could be backing their stock market debuts.

General Motors Co executives on Wednesday will tackle one of their toughest tasks: Persuading investors that a Detroit automaker can catch up with Elon Musk and Tesla Inc as vehicles go electric.

The Super Tuesday primary elections were so far free of any signs of interference, said national security professionals who gathered in Northern Virginia in an unprecedented monitoring effort to counter cyberattacks and foreign disinformation.

Facebook Inc will revamp its plans for digital currencies amid regulatory scrutiny, The Information reported on Tuesday.

Hewlett Packard Enterprise on Tuesday cut its free cash flow forecast for the year citing supply constraints due to the coronavirus outbreak, and reported a lower-than-expected quarterly revenue.

Ford Motor Co is putting more chips on a bet that it can profit from selling electric vans to delivery businesses that need to reduce carbon emissions.

Alphabet Inc said on Tuesday it has canceled its annual developer event, Google I/O, amid concerns related to the coronavirus outbreak.

Lam Research Corp on Tuesday released its first major new tool in two decades for producing finer three-dimensional details on computer chips that must be shrunk down to fit into ever more complex phones and other electronic devices.

The outbreak of the coronavirus has not impacted consumer demand for ride-hailing services, Lyft's chief financial officer said on Tuesday.

Fintech startup Robinhood Markets Inc said on Tuesday its free stock trading app is up and running again after a second straight day of outages.

Finnish network equipment maker Nokia will cut up to 148 jobs in Finland in 2020 excluding its 5G development operations, it said on Tuesday evening.

Millions of Chinese stuck indoors due to fears of the coronavirus epidemic are turning to mobile games to keep themselves occupied.

AliExpress, the global e-commerce platform of Chinese online shopping giant Alibaba, warned customers on Tuesday that there may be some delivery delays due to the coronavirus outbreak.

Electric cars are only bought by "green addicts" and lack broader appeal needed to reach mainstream consumers, Peugeot Chief Executive Carlos Tavares said on Tuesday.

Sberbank and Chinese technology giant Huawei said on Tuesday they had formed a strategic partnership to provide cloud services for Russian businesses, extending the reach of Russia's largest bank into the country's digital economy.

A Moscow court ruled on Tuesday that the city's facial recognition system does not violate the privacy of its citizens, a lawyer for one of the plaintiffs told Reuters - a blow to activists who had hoped to ban the technology's use.

Apple supplier Foxconn warned revenue would drop 15% in businesses including consumer electronics and enterprise products in the first quarter, but that it would recover thereafter as production returns to normal in virus-hit China.

((This March 2 story removes incorrect reference to Sprint as a Vision Fund investment))