Technology

Swiss watchmaker Swatch Group is taking a "massive" hit from the outbreak of the novel coronavirus that sharply affected business in major market China, Chief Executive Nick Hayek said in a Sunday newspaper interview.

Uber Technologies Inc said on Saturday it will offer compensation to drivers and delivery people diagnosed with the coronavirus or placed in quarantine for up to 14 days.

A U.S. judge said Amazon.com Inc is likely to succeed on a key argument of its challenge to the U.S. Department of Defense's decision to award cloud computing deal worth up to $10 billion to Microsoft Corp.

A U.S. judge said Amazon.com Inc is likely to succeed in its challenge to the U.S. Department of Defense's decision to award an up to $10 billion cloud computing deal to Microsoft Corp.

Facebook said on Friday it is closing its London offices until Monday after a visiting employee from Singapore was diagnosed with coronavirus.

U.S. regional TV station operator Gray Television Inc has made an offer to acquire larger peer Tegna Inc for approximately $8.5 billion, including debt, people familiar with the matter said on Friday.

Amazon.com Inc said on Friday it is working with state attorneys general to identify and prosecute third-party sellers who are taking advantage of fears of the spreading coronavirus to engage in price-gouging on the Amazon website.

South Korea's parliament on late Friday passed a controversial bill to limit ride-hailing service Tada, dealing a blow to a company that has been a smash hit since its launch in late 2018 but faced a backlash from taxi drivers angry over new mobility services.

Britain's parliamentary defense committee will investigate the security of the country's 5G mobile network, the group of lawmakers said on Friday, amid continued concerns about the role of Chinese company Huawei [HWT.UL].

Apple Inc on Friday asked employees at its Silicon Valley headquarters to work from home if possible as a "precaution," a spokesman confirmed to Reuters.

Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that it has agreed to sell Grindr LLC, a popular gay dating app it acquired in 2016, for about $608.5 million.

Vodafone and Telecom Italia (TIM) on Friday secured conditional EU antitrust approval to create Europe's biggest mobile towers company, part of a strategy to roll out lucrative 5G services.

Tesla Inc has advertised for solar and energy storage project managers in China, as the U.S. electric vehicle maker moves to expand its energy business into the country.

Chinese telecom equipment maker Huawei is confident some European telecoms firms will choose it to provide 5G technology for their core networks, the firm's chief representative to the EU, Abraham Liu, told Reuters on Friday.

Tesla Inc has secured Chinese government approval to sell longer-range China-made model 3 vehicles in China, the Ministry of Industry and Information Technology said on Friday.

Finnish telecoms equipment maker Nokia drew a 500 million euro ($561 million) loan last month to help it to accelerate development of 5G technology, its annual report shows.

Samsung Electronics said on Friday that it would temporarily move some smartphone production to Vietnam from South Korea after another of its Korean staff tested positive for the coronavirus, forcing it to close a factory.

Chinese telecom equipment maker Huawei is confident some European telecoms will choose it to provide 5G technology for their core networks, the firm's chief representative to the EU, Abraham Liu, told Reuters on Friday.

Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that it has agreed to sell Grindr LLC, a popular gay dating app it acquired in 2016, for about $608.5 million.

WeDoctor will push ahead with a Hong Kong listing and invite pitches from investments banks next week to lead an IPO valuing the Chinese healthcare platform at up to $10 billion, two sources with direct knowledge of the matter said.