U.S. Justice Department probes Musk statement on taking Tesla private

Tesla Inc said on Tuesday the U.S. Department of Justice was investigating Chief Executive Elon Musk's public statements in August that he was considering taking the electric carmaker private, the latest and biggest threat to Musk and his leadership of the electric car maker.

more..

Cryptocurrency exchanges at risk of manipulation: report

Several cryptocurrency exchanges are plagued by poor market surveillance, pervasive conflicts of interest and lack sufficient customer protections, the New York Attorney General's office said in a report published on Tuesday.

more..

U.S. senators seek 'painful' punishment if China's ZTE violates deal

Republican and Democratic U.S. senators introduced a bill on Tuesday that would reimpose sanctions on China's ZTE Corp if it does not fully comply with U.S. laws and an agreement with the Trump administration that ended stiff restrictions on the telecommunications equipment company.

more..

South African fintech JUMO to expand in Asia with Goldman Sachs backing

South Africa-based financial technology firm JUMO plans to expand in high-growth Asian markets after securing the backing of Goldman Sachs in an equity funding round, the company's chief executive said.

more..

Audi launches electric SUV in Tesla's backyard, with assist from Amazon

German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc , and highlighted a deal with Amazon.com Inc to make recharging its forthcoming e-tron models easier.

more..

Exclusive: Qualcomm prepares to add new board directors - sources

Qualcomm Inc is preparing to add at least two new directors to its board, people familiar with the matter told Reuters, as the U.S. smartphone chip maker looks to appease shareholders who withheld voting support for its board last March.

more..

Apple's new iPhones a slight notch above the X: reviewers

The absence of a striking new feature left major tech blogs and newspapers lukewarm on the new XS range of Apple Inc's iPhones in the first batch of reviews on Tuesday, although most praised the improvements to a wide range of standard features.

more..

Ireland collects disputed Apple taxes in full ahead of appeal

Ireland has fully recovered 13.1 billion euros in disputed taxes from Apple Inc plus interest of 1.2 billion which it will hold in an escrow fund pending its appeal against an EU tax ruling, Ireland's finance minister said on Tuesday.

more..

EU to scrap lawsuit against Ireland after Apple pays back taxes

EU antitrust regulators plan to drop legal action against Ireland after iPhone maker Apple paid 13.1 billion euros ($15.3 billion) in back taxes following a regulatory order two years ago, the European Commission said on Tuesday.

more..

Alibaba's Jack Ma says U.S.-China trade friction could last 20 years

Alibaba chairman Jack Ma said on Tuesday that trade frictions between the United States and China could last for two decades and would be "a mess" for all parties involved, citing weak trade rules.

more..

Apple CEO says optimistic on U.S.-China trade talks

Apple Inc Chief Executive Tim Cook, whose products have been spared from new U.S. tariffs imposed on Chinese goods, said on Tuesday he was optimistic that the United States and China will eventually work through their trade differences.

more..

Renault-Nissan adopts Android in coup for Google

The Renault-Nissan-Mitsubishi carmaking alliance said on Tuesday it will adopt Alphabet's Google Android operating system, handing a victory to the U.S. tech giant as it pushes for a bigger share of the infotainment market.

more..

Startup headed by Intel's ex-president releases first chips

Ampere Computing, the startup headed by Intel Corp's former president Renee James, on Tuesday said it released its first data center chips derived from the same underlying technology as mobile phone chips.

more..

U.S. tech giants eye AI key to unlock China push

U.S. technology giants, facing tighter content rules in China and the threat of a trade war, are targeting an easier way into the world's second largest economy - artificial intelligence.

more..

TomTom shares crash as carmakers opt for Google Maps

Shares in Dutch digital mapping company TomTom lost over a quarter of their value on Tuesday, as carmakers Renault, Nissan and Mitshubishi announced a partnership with rival Google.

more..

Japan fashion guru Maezawa lands first SpaceX moon flight

SpaceX, Elon Musk's space transportation company, on Monday named its first private passenger on a voyage around the moon as Japanese billionaire Yusaku Maezawa, the founder and chief executive of online fashion retailer Zozo.

more..

China central bank warns investors of ICOs and virtual currency risks

China's central bank Shanghai Head Office said on Tuesday investors should increase risk awareness for initial coin offerings (ICOs) and virtual currency investment and not blindly speculate in the market.

more..

IKEA's services platform TaskRabbit expands to Canada

Small jobs online platform TaskRabbit, which was bought last year by the word's biggest furniture retailer IKEA Group, said on Tuesday it was expanding into Canada, its third market after the United States and Britain.

more..

India's Ola forays into New Zealand in latest overseas push

Indian ride-hailing platform Ola said on Tuesday it plans to launch operations in New Zealand, and expand its overseas rivalry with U.S.-based peer Uber Technologies Inc.

more..

U.S. duties spare Apple gadgets but hit cloud industry

The United States will spare Apple Inc's Watch and other consumer gadgets from the latest round of tariffs on Chinese goods, according to a list of products released by the U.S. Trade Representative (USTR) on Monday.

more..

Source: Reuters