Technology

Lawmakers and former officials are making a last-ditch push to persuade the Trump administration to halt plans to invest billions of federal employee retirement dollars in Chinese companies that Washington suspects of human rights abuses or threatening U.S. security, according to sources and documents seen by Reuters.

Amazon made its case on Tuesday in a French court of appeal to keep deliveries on track in the country, rejecting unions' allegations that it was not doing its best to protect employees from COVID-19.

Bitcoin has fared better than stocks but worse than gold and U.S. Treasuries during the coronavirus pandemic, with investors ascribing its performance to speculative bets and bids to hedge against inflation linked to stimulus measures.

When Singapore launched the first smartphone app of its kind last month to identify and alert people who had interacted with carriers of the novel coronavirus, the city-state of roughly 5.7 million people had 385 cases of infections.

Britain's government made a firm decision to allow China's Huawei to have a role in building the country's 5G phone network and as far as the foreign ministry's top official understands it is not being reopened, he said on Tuesday.

The coronavirus crisis has seen millions locked in their homes turn to videoconferencing apps, bringing with it question marks over security and privacy and a new verb - Zoombombing - the practice of uninvited users crashing into conversations.

(This April 20 story corrects company name to TCS in fourth paragraph)

Investors are once again crowding into a narrow range of technology and internet stocks, heightening concerns that the market's dramatic bounce from last month's lows is becoming increasingly vulnerable to sharp reversals as the coronavirus outbreak continues to batter the economy.

Huawei Technologies' revenue growth slowed sharply in the first quarter but the world's top telecoms equipment supplier labeled the performance as "resilient" in light of pressure from the United States and the impact of the COVID-19 pandemic.

Apple Inc on Tuesday said it would expand its App Store, Apple Music and other services to dozens of new markets in Africa, the Middle East and beyond in the biggest geographical expansion of its services in almost a decade.

Walmart Inc's video-on-demand service, Vudu, said on Monday it would be acquired by Fandango Media LLC, a movie ticketing service owned by cable company Comcast Corp.

International Business Machines Corp's clients have shifted priorities toward saving capital in recent weeks because of COVID-19, hitting software sales in particular, new Chief Executive Officer Arvind Krishna said as the company withdrew its 2020 annual forecast.

Facebook Inc said on Monday that it has removed events in Nebraska, New Jersey and California promoting protests against stay-at-home measures amid the COVID-19 pandemic caused by the new coronavirus.

Facebook Inc is preparing to apply for regulatory approval in Indonesia to launch mobile payments in partnership with three local digital fintech firms, people familiar with the matter told Reuters.

The five-member Federal Communications Commission voted unanimously to approve an order to allow Ligado Networks[MOSAV.UL] to deploy a low-power nationwide 5G network despite objections from the U.S. Defense Department, other federal agencies and major U.S. airlines.

A rift has opened up over the design of smartphone apps to trace people in Europe at risk of coronavirus infection, potentially hindering efforts to curb the pandemic and ease crippling travel restrictions.

Three Indonesian digital fintech firms are working with Facebook Inc to apply for regulatory approval to launch mobile payments in the country, an official at the financial regulator said.

S Capital, an Israel-based venture capital investment firm, said on Monday it closed a second direct investment fund of $120 million that will focus on early-stage tech startups.

Shares in Polish gaming company Games Operators rose further on Monday, after doubling on their debut late last week as investors bet on increased interest in gaming during lockdowns due to the coronavirus.

Australia will force Facebook Inc and Alphabet Inc's Google to share advertising revenue with local media firms, the country's treasurer said on Monday, becoming one of the first countries to require digital platforms to pay for content they use.