Technology

Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home and connect with friends online during coronavirus lockdowns.

Twitter Inc said on Tuesday that it appointed Patrick Pichette, former chief financial officer at Google, as chairman, replacing Omid Kordestani.

Ride-hailing firm Lyft Inc said on Tuesday that rides on its platform rose 26% in May from the previous month helped by strong growth in cities where coronavirus-induced restrictions have been eased.

Just a few months ago, 17-year-old Taylor Cassidy was spending hours flailing her arms in an attempt to pick up the latest dance move the "Renegade."

The Washington-based Center for Democracy and Technology filed a lawsuit on Tuesday against U.S. President Donald Trump's executive order on social media, arguing it violates the First Amendment.

A Washington-based advocacy group on Tuesday asked a U.S. judge to invalidate an executive order on social media companies President Donald Trump signed last week claiming it violates the First Amendment.

The United States is investigating digital services taxes being adopted or considered by Britain, Italy, Brazil and other countries, the U.S. Trade Representative's office said on Tuesday, a move that could lead to new punitive tariffs and heighten trade tensions.

Bell Canada on Tuesday chose Sweden's Ericsson to be its 5G network equipment supplier, while smaller rival Telus Corp picked Ericsson and Finland's Nokia Oyj , with Huawei continuing to face an uncertain future in the country.

Polestar, the premium electric vehicle maker owned by China's Geely, plans a big expansion of its showroom network in the mainland, sources said, as it prepares for delivery of cars to compete with Tesla Inc's locally made Model 3.

Spain's plans to tax tech companies' revenues does not discriminate against any country, a government source told Reuters on Tuesday after the United States opened a probe into such taxes or proposals by its various trading partners.

European Union (EU) nations banking on 5G to boost economic growth are eager to tackle conspiracy theories linking the wireless technology to the spread of the novel coronavirus that have seen masts torched in several places.

Facebook Inc on Wednesday named the first members of its independent oversight board, which will be able to overturn the company's decisions on individual pieces of content and recommend policy changes.

China is using telecoms giant Huawei to try to drive a wedge between Britain and the United States, Republican senator Tom Cotton told British lawmakers on Tuesday.

EU regulators are seeking feedback about a possible new power to investigate businesses and demand changes even when no competition rules have been broken, in a move aimed at stopping companies from abusing their dominance.

India launched a $6.65 billion plan on Tuesday to boost electronics manufacturing, saying it would start by offering five global smartphone makers incentives to establish or expand domestic production.

Telefonica Deutschland will build its 5G core mobile network in Germany using equipment from Ericsson, saying the choice of the Swedish supplier would safeguard the security of its next-generation services.

Nordic IT services house TietoEVRY said on Tuesday it had signed a new deal with IBM changing the scope and operating model of their co-operation and the companies dropping arbitration cases against each other.

German automaker Volkswagen AG has closed its $2.6 billion investment in Argo AI, the Pittsburgh-based self-driving startup disclosed in a blog post on Tuesday.

Facebook employees walked away from their work-from-home desks on Monday and took to Twitter to accuse Chief Executive Mark Zuckerberg of inadequately policing U.S. President Donald Trump's posts as strictly as the rival platform has done.

Pacific Networks Corp and its wholly owned subsidiary ComNet (USA) LLC on Monday urged the Federal Communications Commission (FCC) not to shut down its U.S. operations.