Science & Technology News

Global drone market estimated to reach $14 billion over next decade: study

Global drone market estimated to reach $14 billion over next decade: study

July 17, 2019 By Bryan Pietsch WASHINGTON (Reuters) – The worldwide non-military drone market, dominated by manufacturers in China, will triple in size to $14.3 billion in sales over the next decade, a study released ...
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Italy to drop emergency legislation on 5G golden powers

Italy to drop emergency legislation on 5G golden powers

July 17, 2019 By Giuseppe Fonte and Elvira Pollina ROME (Reuters) – Italy has bowed to pressure from Chinese telecoms equipment makers Huawei Technologies and ZTE and will drop emergency legislation strengthening state powers to ...
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Smaller cryptocurrencies feel pain as criticism of Facebook’s Libra grows

Smaller cryptocurrencies feel pain as criticism of Facebook’s Libra grows

July 17, 2019 By Tom Wilson LONDON (Reuters) – Bitcoin hasn’t been the only casualty of the backlash by the world’s major economic powers against Facebook’s plans for a cryptocurrency, with smaller digital coins also ...
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IMF says regulators must address possible risks from Facebook’s Libra

IMF says regulators must address possible risks from Facebook’s Libra

July 17, 2019 WASHINGTON (Reuters) – Facebook Inc’s planned cryptocurrency, Libra, could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential “backdoor dollarization,” the IMF’s chief economist said on ...
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Huawei says Italy’s new 5G powers discriminate against it

Huawei says Italy’s new 5G powers discriminate against it

July 17, 2019 ROME (Reuters) – Chinese telecoms equipment group Huawei Technologies criticised the Italian government’s newly beefed-up powers to intervene in the development of fifth-generation (5G) telecom services, saying they discriminated against the company ...
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Spotify launches an in-app Disney Hub to lure more fans

Spotify launches an in-app Disney Hub to lure more fans

July 17, 2019 By Arriana McLymore NEW YORK (Reuters) – Spotify Technology SA said on Wednesday it will devote a prominent spot in its music streaming app to Walt Disney Co’s extensive music library with ...
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ZTE says Italy’s new powers to intervene in 5G will delay deployment

ZTE says Italy’s new powers to intervene in 5G will delay deployment

July 17, 2019 By Elvira Pollina MILAN (Reuters) – Chinese telecom equipment firm ZTE Corp warned on Wednesday that the Italian government’s newly strengthened power to intervene in the development of fifth-generation telecoms networks may ...
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France says Facebook’s Libra not yet viable as G7 minister meet

France says Facebook’s Libra not yet viable as G7 minister meet

July 17, 2019 By Leigh Thomas and Leika Kihara CHANTILLY, France (Reuters) – France said on Wednesday the conditions were not ripe for Facebook to go ahead with plans for its Libra digital coin, as ...
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Toyota, China’s CATL in partnership for new energy vehicle batteries

Toyota, China’s CATL in partnership for new energy vehicle batteries

July 17, 2019 TOKYO (Reuters) – Toyota Motor Corp <7203.T> has agreed to partner with China’s Contemporary Amperex Technology Co Ltd (CATL) <300750.SZ> to supply and develop batteries for new energy vehicles. The Japanese automaker ...
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Renault forms Chinese electric vehicles venture with Jiangling Motors

Renault forms Chinese electric vehicles venture with Jiangling Motors

July 17, 2019 PARIS (Reuters) – Renault <RENA.PA> has formed a joint venture partnership with Jiangling Motors Corporation Group (JMCG) to target the Chinese electric vehicles (EV) market, in a deal which will also see ...
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Renault forms China electric vehicle venture with JMCG

Renault forms China electric vehicle venture with JMCG

July 17, 2019 BEIJING (Reuters) – France’s Renault SA said on Wednesday it will invest $145 million in a unit of China’s Jiangling Motors Corporation Group (JMCG) that will allow it to expand its electric ...
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Dialog Semiconductor raises second-quarter profit outlook

Dialog Semiconductor raises second-quarter profit outlook

July 17, 2019 FRANKFURT (Reuters) – Anglo-German chip designer Dialog Semiconductor on Wednesday raised its second-quarter earnings outlook, citing strong revenue and gains from a transfer of assets to iPhone maker Apple. Dialog shares were ...
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France says G7 focused on containing risks of Facebook’s Libra

France says G7 focused on containing risks of Facebook’s Libra

July 17, 2019 MILAN (Reuters) – Group of Seven finance ministers meeting in France this week will make it one of their priorities to contain the risks posed by new currencies such as Facebook’s Libra, ...
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Starting with Netflix, FANG reports to test Wall St. rally’s mettle

Starting with Netflix, FANG reports to test Wall St. rally’s mettle

July 17, 2019 By Noel Randewich SAN FRANCISCO (Reuters) – A wave of quarterly reports from Netflix <NFLX.O> and other top-tier, high-growth companies starting on Wednesday will test Wall Street’s willingness to extend a recent ...
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Vodafone launches 5G in Germany, challenges D.Telekom on price

Vodafone launches 5G in Germany, challenges D.Telekom on price

July 17, 2019 FRANKFURT (Reuters) – Vodafone said on Tuesday it was launching 5G services in Germany, taking on Deutsche Telekom by offering cheaper deals and reaching more cities than the market leader that went ...
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