(Reuters) – Nokia said on Friday it had signed a new long-term patent license agreement with Apple, as the current license between the companies expires at the end of 2023. While terms of the agreement remain confidential between the companies, it covers Nokia’s inventions in 5G and other technologies. Nokia said the company expects to…
(Reuters) -Twitter will now require users to have an account on the social media platform to view tweets, a move that owner Elon Musk on Friday called a “temporary emergency measure”. Users who try to view content on the platform will be asked to sign up for an account or log into an exiting account…
By Lewis Krauskopf NEW YORK (Reuters) -The U.S. stock market has powered higher in the first half of this year despite numerous obstacles, from banking sector turmoil to recurring doubts about the economy’s health. The S&P 500 is up 15.9% in 2023 – a rebound that surprised many analysts after equities’ brutal 2022 decline. The…
By Michael Martina WASHINGTON (Reuters) -The U.S. on Friday warned about a new Chinese counterespionage law, saying American and other foreign companies in the country could face penalties from Chinese authorities for regular business activities. Chinese lawmakers this year passed a wide-ranging update to Beijing’s anti-espionage legislation that goes into effect on July 1, banning…
By Noel Randewich and Tiyashi Datta (Reuters) -Apple Inc’s stock market value ended a trading session above $3 trillion for the first time on Friday, lifted by signs of improving inflation and bets that the iPhone maker will successfully expand into new markets. Shares of the world’s most valuable company jumped 2.3% to $193.97, giving…
(Reuters) -Goldman Sachs is considering exiting its partnership with Apple, the Wall Street Journal reported on Friday, citing sources familiar with the matter. The iPhone-maker and Goldman Sachs started rolling out a virtual credit card in 2019. The bank is in talks with American Express to take over its Apple credit card and other ventures…
BRASILIA (Reuters) -Brazil’s Finance Ministry will exempt companies participating in a new tax compliance program from paying federal taxes on e-commerce purchases up to $50, it announced on Friday. The country has been trying to close a loophole that it said some Asian e-commerce giants were using to gain tax exemptions by sending shipments as…
By Mike Scarcella (Reuters) – A U.S. judge on Friday ordered a new trial on damages against BNSF Railway in a privacy class action, in a ruling that wiped out an award of $228 million to truck drivers who accused the freight railway giant of unlawfully collecting their fingerprints. The ruling from U.S. District Judge…
(Reuters) – Spotify Technology is mulling adding full-length music videos to its app, which could help the music streaming platform compete with TikTok and Alphabet Inc’s YouTube, Bloomberg News reported on Friday, citing people familiar with the matter. Spotify, which did not immediately respond to a Reuters request for comment, already allows artists to upload…
By Stephen Nellis (Reuters) – Humane, the startup founded by ex-Apple Inc executives that raised $100 million earlier this year, said on Friday that it will use Qualcomm Inc’s chips in its forthcoming wearable device. Humane has not given a release date or many other details for a gadget that it said on Friday will…
