Today's Top Gadgets & Tech Story

Bumble owner to spend $100 million on dating apps

(Reuters) - The owner of dating app Bumble said on Friday it would revamp its holding structure and spend $100 million, as it looks to better compete with Match Group's Tinder. Read More

 

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Huawei delays global launch of foldable phone by three months

HONG KONG (Reuters) - Huawei will delay the launch of its much-touted foldable 5G Mate X smartphone by three months, the latest setback for the company that was slapped with U.S. sanctions last month. More »

 

Broadcom's $2 billion warning rattles global chip sector

LONDON/BENGALURU (Reuters) - Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock $2 billion off the company's sales this year. More »

 

Explainer: Why is Huawei seeking $1 billion patent deal with Verizon?

WASHINGTON (Reuters) - Huawei is demanding Verizon Communications Inc pay $1 billion to license the rights to patented technology, signaling a potential shift in the embattled Chinese company's strategy for the U.S. market. More »

 

Exclusive: Mexico blamed Walmart's size, access to rivals' data in blocking app deal

MEXICO CITY (Reuters) - Mexican officials blocked Walmart Inc's deal to buy delivery app Cornershop because Walmart could not guarantee a level playing field for rival retailers, whose customers use the app to order groceries and other goods, according to an official document and an interview with the top competition regulator this week. More »

 

Awake at the wheel: Automakers tap VR to banish boredom in autonomous cars

SHANGHAI (Reuters) - Audi, Nissan and other car makers are banking on talking cartoon characters and other virtual reality experiences to keep drivers and other occupants of future autonomous vehicles entertained, auto industry executives said. More »

 

Walmart's Flipkart, Indian startup settle dispute over sharp discounting

NEW DELHI (Reuters) - Walmart unit Flipkart has settled a legal dispute with an Indian startup that alleged it suffered losses because its products were sharply discounted on the global retailer's website. More »

 

Tencent launches video streaming in Thailand, eyes SE Asia expansion

BANGKOK (Reuters) - Chinese tech giant Tencent Holdings Ltd launched its first overseas video streaming service in Thailand on Friday, as it ramps up its presence outside China. More »

 

Tech tool aims to predict global water conflicts before they happen

LONDON (Thomson Reuters Foundation) - Artificial intelligence can predict where conflicts over scarce water will break out up to a year in advance and allow action to prevent them, researchers said on Friday. More »

 

Huawei says it is readying possible Hongmeng software roll-out

(This June 13th story corrects to remove incorrect reference to Hongmeng OS rollout on 1 million devices in paragraph 2 and 4 after official clarification from company) More »

 

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