Today's Top Gadgets & Tech Story

Microsoft shares at all-time high after bumper results

(Reuters) - Microsoft Corp shares rose about 5 percent to an all-time high on Friday, after investors cheered another blockbuster quarter, backed by growth in its legacy software business and Azure cloud computing services. Read More

 

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Alibaba, Tencent in talks over stake in WPP's Chinese unit: Sky News

LONDON (Reuters) - Chinese conglomerates Alibaba and Tencent are involved in talks to buy a minority stake in advertising giant WPP's Chinese unit, Sky News reported on Saturday, citing unidentified sources. More »

 

Amazon, Toyota, Alcoa and others working to counter Trump's tariff plans

SAN FRANCISCO/WASHINGTON (Reuters) - Big companies in the United States from Amazon.com Inc to Toyota Motor Corp <7203.T> and Alcoa Corp are working to counter the effect of the Trump administration's trade policies and to head off new tariffs. More »

 

Apple Watch, FitBit could feel cost of U.S. tariffs

(Reuters) - The latest round of U.S. tariffs on $200 billion of Chinese goods could hit the Apple Watch, health trackers, streaming music speakers and other accessories assembled in China, government rulings on tariffs show. More »

 

U.S. lawmakers cut anti-ZTE measure from defense bill

WASHINGTON (Reuters) - U.S. lawmakers cut measures from a defense bill that would have reinstated sanctions on China's ZTE Corp, abandoning an attempt to punish the company for illegally shipping U.S. products to Iran and North Korea. More »

 

Russian government: Telcoms face cost hike from new security law

MOSCOW (Reuters) - Russian telecoms operators will have to ramp up charges by up to 10 percent to cover costs they will incur implementing new laws designed to give state security greater oversight over telecoms, according to an estimate from the main security agency. More »

 

AT&T reveals three more cities for 5G launch by end of year

(Reuters) - AT&T Inc on Friday named Oklahoma City, Charlotte and Raleigh, North Carolina, as three more cities where it plans launch its next-generation wireless network, or 5G, by the end of the year. More »

 

SoftBank's Vision Fund to invest $1 billion in China AI startup: Bloomberg

(Reuters) - SoftBank Group Corp's Vision Fund is seeking to invest almost $1 billion in SenseTime Group Ltd, a Chinese facial recognition technology developer, Bloomberg reported on Friday. More »

 

Cryptocurrency exchange Coinbase forms political action committee

(Reuters) - Coinbase has formed a political action committee (PAC) to raise money to spend on U.S. elections, the cryptocurrency exchange said http://docquery.fec.gov/cgi-bin/forms/C00680355/1243300#SUMMARY in a filing made public on Friday. More »

 

Exclusive: Tesla's battery maker suspends cobalt supplier amid sanctions concern

LONDON/TOKYO (Reuters) - Panasonic Corp <6752.T> said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions, and that it had suspended relations with a Canadian supplier as a result of its concerns. More »

 

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