New U.S. curb on Huawei in limbo amid pushback from Pentagon: sources
WASHINGTON (Reuters) - The U.S. Commerce Department has withdrawn a rule aimed at further reducing sales to China's Huawei Technologies amid concerns from the Defense Department the move would harm U.S. businesses, people familiar with the matter said.
U.S. bank regulator sharpens teeth on Wells Fargo, surprising critics
WASHINGTON (Reuters) - Long accused of being too soft, a U.S. bank regulator has surprised its critics with tough treatment of scandal-ridden lender Wells Fargo, culminating on Thursday in more than$58 million in fines against eight former executives at the bank.
Explainer: Bezos allegations put phone hacking technology in the spotlight
WASHINGTON (Reuters) - Allegations that Amazon.com boss and Washington Post owner Jeff Bezos had his phone hacked by Saudi Crown Prince Mohammed bin Salman have put a spotlight on the security of smartphones and the secretive tools used to hack them.
U.S. senator slams Tesla's 'misleading' name for Autopilot driver assistance system
WASHINGTON (Reuters) - A U.S. senator on Friday urged Tesla Inc
to rebrand its driver assistance system Autopilot, saying it has "an inherently misleading name" and is subject to potentially dangerous misuse.
Financier doubts add to Boeing's MAX headaches
DUBLIN (Reuters) - To restore faith in the 737 MAX, Boeing needs to prove its flagship jet is not just airworthy but also a safe investment.
Trump speaks with British PM Johnson about telecoms security: White House
WASHINGTON (Reuters) - U.S. President Donald Trump on Friday discussed the security of telecommunications networks with British Prime Minister Boris Johnson, the White House said, as Britain nears a decision on Huawei's role in the country's future 5G network.
Four-comma club: Predicting the next company to join trillion-dollar value elite
NEW YORK (Reuters) - The trillion-dollar market cap club expanded last week to a third U.S. company, with Google parent Alphabet Inc
topping the lofty valuation mark. Adding the next member, however, is likely to take a while.
Fiat Chrysler asks U.S. court to toss out GM racketeering claims: filing
(Reuters) - Fiat Chrysler Automobiles NV
on Friday urged a federal judge to throw out a General Motors Co's lawsuit accusing Fiat Chrysler of racketeering and bribing officials of the United Auto Workers union to put GM at a multibillion dollar labor cost disadvantage.
U.S. Justice Dept. plans to hold meeting to discuss tech industry liability: sources
WASHINGTON (Reuters) - The U.S. Justice Department is planning to hold a conference to discuss the future of a federal law which largely exempts online platforms from legal liability for the material their users post, sources familiar with the plans said on Friday.
Starbucks shuts shops, suspends delivery in China's Hubei amid virus outbreak
BEIJING (Reuters) - Starbucks
has closed all shops and suspended delivery services in China's Hubei province for the week-long Lunar New Year holiday, where a coronavirus outbreak originated from its capital Wuhan has caused 41 deaths in China.