Technology News


AT&T CEO confident Time Warner deal on solid ground

The U.S. Justice Department has only a remote chance of overturning AT&T Inc’s takeover of Time Warner, Chief Executive Randall Stephenson said on Friday, adding that the move could affect the bidding war for Twenty-First Century Fox Inc.


Exclusive: Jeff Bezos plans to charge at least $200,000 for space rides – sources

Jeff Bezos’ rocket company plans to charge passengers about $200,000 to $300,000 for its first trips into space next year, two people familiar with its plans told Reuters.


Republican Senator Rubio slams lifting of U.S. ban on China’s ZTE

Republican U.S. Senator Marco Rubio criticized on Friday the decision by the United States to lift a ban on suppliers selling to ZTE Corp <000063.SZ), allowing China’s second-largest telecommunications equipment maker to resume business.


Cisco sinks on report Amazon wading into networking equipment

Shares of Cisco Systems Inc and other network equipment makers fell on Friday after a report that Amazon.com Inc’s cloud services business was considering selling its own network switches to business customers at much lower prices.


U.S. sanctions seen barring IT platform of insurer Lloyd’s for Iran trade

New U.S. sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country.


EU digital chief urges lawmakers to ease tough copyright stand

EU digital chief Andrus Ansip on Friday called EU lawmakers to tone down their tough line on copyright reforms as Europe races to agree rules which will force tech giants to share revenues with publishers, broadcasters and artists.