Technology

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.

(This May 29 story corrects Mizuho borrowing to 912 million, not 1.39 trillion yen, in paragraph 6 and borrowing from the three big Japanese banks to almost 2 trillion yen, not 2.45 trillion yen, in paragraph 7 after SoftBank issues corrected filing)

Facebook Inc and Snapchat developer Snap Inc became the latest U.S. companies condemning racial inequality in the United States as violent protests flared up across major cities over the death of George Floyd, an unarmed black man who died while in police custody in Minneapolis last week.

Facebook employees accusing Chief Executive Mark Zuckerberg of inadequately policing U.S. President Donald Trump's posts took to Twitter to praise the rival social media platform for acting and rebuke their own employer.

Italy on Monday released a contested mobile app to trace coronavirus infections in four regions before extending it to the whole country, despite widespread resistance from people concerned about invasion of privacy.

U.S. President Donald Trump's effort to regulate social media companies' content decisions may face an uphill battle from regulators who have previously said they cannot oversee the conduct of internet firms.

(In May 29 story, corrects wording of Trump tweet in second paragraph; changes headline)

Chinese online gaming firm NetEase plans to raise about $2.6 billion to fund expansion through its secondary listing which began on Monday, a term sheet seen by Reuters showed, marking Hong Kong's largest equity deal so far this year.

The first step for any decision on Chinese telecoms company Huawei is for Britain's National Cyber Security Centre (NCSC) to finish its work on the impact of U.S. sanctions, a spokesman for British Prime Minister Boris Johnson said on Monday.

U.S. President Donald Trump's effort to regulate social media companies' content decisions may face an uphill battle from regulators who have previously said they cannot oversee the conduct of internet firms.