Brazil fines Facebook $1.6 million for improper sharing of user data

By Ricardo Brito BRASILIA (Reuters) – Brazil’s Ministry of Justice said on Monday it fined U.S.…

Shares soar as Tesla-rival Nio’s loss narrows on higher EV sales

(Reuters) – Shares of Tesla-rival Nio Inc soared 53% on Monday after the electrical car maker…

Tesla delivers first China-made Model 3 sedans in just under a year

By Yilei Sun and Brenda Goh SHANGHAI (Reuters) – Tesla has started delivering Model 3 electric…

Russian competition watchdog opens investigation into Booking.com

MOSCOW (Reuters) – Russia’s Federal Anti-monopoly Service (FAS) has opened an investigation into hotel reservation website…

China’s Huawei gets India nod to participate in 5G trials

(Reuters) – The Indian government has allowed Chinese telecom company Huawei Technologies Co to participate in…

Vodafone Hutchison Australia partners with Nokia to kick off 5G rollout

(Reuters) – Vodafone’s broadband services joint venture with Hutchison Telecommunications (Australia) Ltd has partnered with Nokia…

Egypt competition watchdog approves Uber acquisition of Careem with conditions

By Yousef Saba CAIRO (Reuters) – Egyptian regulators have approved Uber’s $3.1 billion acquisition of regional…

Spotify to suspend political advertising in 2020

By Elizabeth Culliford and Ayanti Bera (Reuters) – Spotify Technology SA said on Friday it would…

Amazon’s Ring cameras are vulnerable to hackers, lawsuit in U.S. claims

By Jonathan Stempel (Reuters) – Amazon.com Inc <AMZN.O> and its Ring home security camera unit have…

French court clears social media tracking plan in tax crackdown

PARIS (Reuters) – France’s government can pursue plans to trawl social media to detect tax avoidance,…

Facebook’s Libra has failed in current form: Swiss president

ZURICH (Reuters) – Facebook’s <FB.O> Libra project has failed in its current form and needs reworking…

Tesla secures $1.29 billion loan from Chinese banks for Shanghai factory

(Reuters) – Tesla Inc entered into agreements with lenders in China for a secured term loan…