Technology

Apple Inc and Huawei Technologies [HWT.UL] each captured a higher share of China's smartphone market in the first quarter, according to data from research firm Canalys released on Friday.

Amazon.com Inc on Thursday said it could post its first quarterly loss in five years even as revenue surges because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to test its workforce for COVID-19.

Tesla Inc Chief Executive Officer Elon Musk, who has a history of being outspoken on Twitter, lashed out on the social media platform over the past several days with his strong views on restrictions to curb the spread of the coronavirus.

Apple Inc reported sales and profits that beat Wall Street expectations Thursday, with Chief Executive Officer Tim Cook saying China sales were "headed in the right direction" as that country reopens from the novel coronavirus.

Amazon.com Inc on Thursday said it could post its first quarterly loss in five years because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to test its workers for COVID-19 and providing them with protective gear, and paying higher wages.

U.S. hedge fund Elliott Management has further cut its stake in Italy's biggest phone group Telecom Italia (TIM), a regulatory filing showed, amid an ongoing portfolio rebalancing as COVID-19 rocks financial markets.

Video conferencing provider Zoom said on Thursday it had mistakenly published a blog last week that put its daily users at 300 million people when the figure instead referred to the number of meeting participants.

Reports of the demise of the digital advertising market due to the coronavirus outbreak appear exaggerated as the tech giants dominating the online ads business, Google and Facebook, said this week they saw early signs that the worst could be over.

U.S. hedge fund Elliott Management has further cut its stake in Italy's biggest phone group Telecom Italia (TIM), a regulatory filing showed on Thursday.

One day after Tesla Inc posted its third quarterly profit in a row, hedge fund manager David Einhorn, one of the electric carmaker's best-known critics, lobbed questions about the company's financials at its two top executives.

Telecom Italia (TIM) will keep just over half of its staff working from home when Italy's biggest phone group begins a gradual reopening of its offices across Italy next week, company documents seen by Reuters showed.

(This story corrects headline and first paragraph in April 23 story after company clarifies it had mistakenly termed the 300 million as users instead of meeting participants)

AT&T Inc said on Thursday it will bring its advertising unit Xandr under its WarnerMedia label, which is set to launch its streaming channel HBO Max in May.

(This April 29 story corrects to Duo available on devices beside smartphones in paragraph seven)

(This April 29 story corrects number of Xbox Live users in paragraph 6 to 90 million monthly active users not 19 million active users; and corrects description in paragraph 8 to say daily active Teams)

Twitter Inc on Thursday reported higher first-quarter revenue and a smaller loss than analysts had expected amid the coronavirus pandemic, but its shares fell as investors fretted about potential weakness in the second quarter.

The coronavirus pandemic is accelerating a digital shift in UK grocery shopping as Britons embrace home delivery, click and collect and technologies such as in-store scanning, the boss of Sainsbury's said on Thursday.

Tech startup founder Ebun Okubanjo watched with dismay as his home city of Lagos entered a coronavirus-containment lockdown, knowing well that millions of Nigerians on the margins could be left with nothing.

Leading privacy advocates in Britain have urged the government to prevent a soon-to-be launched COVID-19 contact tracing app from turning into a form of state surveillance.

Tesla Inc's outspoken CEO Elon Musk on Wednesday called sweeping U.S. stay-at-home restrictions to curtail the coronavirus outbreak "fascist" as the electric carmaker posted its third quarterly profit in a row.