Technology News (Reuters)

Huawei Chief Financial Officer Meng Wanzhou is raising a new argument in a Canadian court in a bid to fight extradition to the United States on bank fraud charges, court documents released on Monday showed.

Most Americans do not trust social media companies to make the right decisions about what should be allowed on their platforms, but trust the government even less to make those choices, according to a poll released on Tuesday by Gallup and the Knight Foundation.

Indonesia's plan to impose 10% value-added tax (VAT) on digital services offered by technology giants is not the subject of a trade investigation by the United States, Indonesia's finance minister Sri Mulyani Indrawati said on Tuesday.

Southeast Asian ride-hailing and payments firm Grab said on Tuesday it would lay off more than 300 employees due to the impact of novel coronavirus, in the latest setback to major backer SoftBank Group Corp .

Tencent Holdings Ltd aims to become the biggest shareholder in video streaming rival iQIYI Inc , said two people familiar with the matter, to lower costs and counter competition in a sector boosted by stay-at-home virus policies.

Dutch-based online payments firm Adyen on Tuesday said it had added Amazon Pay to its range of payment options available for customers.

The United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies doing business with China's Huawei to allow them to work together on setting standards for next-generation 5G networks.

Southeast Asian ride-hailing and payments firm Grab is set to announce layoffs on Tuesday, sources told Reuters.

The Federal Communications Commission (FCC) will probe an extensive T-Mobile network outage that impacted customers across the United States, the head of the U.S. telecommunications regulatory agency said on Monday.

Two former Pinterest employees who left the image-sharing company in late May publicly alleged in tweets on Monday that they had experienced racial discrimination in the workplace.

Amazon.com Inc said on Monday its founder and Chief Executive Jeff Bezos was willing to testify to a congressional panel investigating potential violations of U.S. antitrust law by big technology companies.

The coronavirus outbreak has prompted a significant increase in news consumption but the economic turmoil is forcing news businesses to accelerate their move to digital, The Reuters Institute for the Study of Journalism said.

Epic Games, the creator of the popular video game "Fortnite", is close to raising a $750 million round of funding at a valuation of about $17 billion, Bloomberg News reported on Monday, citing people familiar with the matter.

Apple Inc on Monday released the results of a study that found its App Store spurred $458 billion in sales last year from categories such as retail of physical goods, ride-hailing and advertising from which the iPhone maker takes no commission.

E-learning company Skillsoft Corp said on Monday that it filed for pre-packaged Chapter 11 bankruptcy to reduce its debt of about $2 billion.

State investigators in both California and Washington are examining Amazon's business practices, two newspapers reported, citing people familiar with the matter.

SAP's biggest customer event, Sapphire Now, got off to a rocky start on Monday as the site hosting this year's "reimagined" event, held online due to the coronavirus pandemic, crashed.

Facebook Inc's WhatsApp messaging service rolled out a system across Brazil on Monday that will allow users to send money to individuals or local businesses within a chat, attaching payments as they would a photo or video.

Square Capital, a unit of payments company Square Inc, said on Monday it has issued more than $820 million worth of loans to small businesses to help them weather the economic shutdown brought on by the coronavirus pandemic.

Amazon.com Inc Chief Executive Officer Jeff Bezos is willing to testify before a House antitrust investigation into the market power of major tech companies, the New York Times reported https://www.nytimes.com/2020/06/15/technology/amazon-jeff-bezos-congress.html on Monday, citing a lawyer for Amazon who wrote to lawmakers.