Around the web
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Chinese artificial intelligence company Shanghai Zhizhen Intelligent Network Technology, also known as Xiao-i, has filed a lawsuit against Apple, alleging it has infringed on its patents.
Reuters
SoftBank Group under-reported income to Japan's tax authorities by around 40 billion yen ($380 million) in the financial year ended March 2019, a person with knowledge of the matter said, requiring the conglomerate to resubmit filings.
Reuters
Alphabet's Google is buying a 6.6% stake in home security firm ADT for $450 million in a deal that will allow it to provide service to customers of its Nest home security devices.
CNBC
THX Certified Game Mode enables 4K/120Hz gameplay on the new TCL 6-Series
Tech Radar
Twitter disclosed in a regulatory filing that it could face a fine of up to $250 million from US authorities over its use of phone numbers and email addresses to target advertisements.
CNN
China said on Monday that 28-nanometre chips that enable mobile devices to receive signals from the Beidou navigation system are in mass production and mass manufacturing of high-precision 22-nanometre positioning chips will soon kick off.
Reuters
Samsung Electronics is forging a comeback in India's smartphone market with a new range of budget devices and a ramped-up online presence, aiming to recoup ground ceded to Chinese rivals such as Xiaomi.
Reuters
Nokia saw its profits rise 22% to 316 million euros ($376 million) in the second quarter despite quarterly revenues falling.
CNBC
Since Apple stock currently trades above $380, it means investors should expect to again have a chance to buy a share of Apple for around $100, depending on where the stock trades at the end of August.
CNBC
The Australian government has unveiled its plan to force tech giants such as Google and Facebook to pay news outlets for their content.
BBC News
Europe's economy shrank by 11.9% in the second quarter as the coronavirus pandemic plunged the region into a deep recession.
CNN
Microsoft says it is still discussing a potential purchase of TikTok, days after President Donald Trump said he would ban the popular short-form video app from operating in the United States.
CNN
Toshiba shareholders voted down board director nominees backed by two activist funds, the Japanese company said, winning a closely contested proxy fight with two of its major investors.
Reuters
Billions of dollars in tech revenue are at risk across Asia Pacific following the most recent United States restrictions on Chinese smartphone maker Huawei, Standard and Poor's said in a report.
CNBC
The coronavirus crisis might be causing widespread economic upheaval around the world, but the world's biggest tech firms are thriving.
BBC News
An email released by the House Antitrust Subcommittee on Wednesday show negotiations between Amazon and Apple over revenue sharing from the Amazon Prime Video app.
CNBC
Google's $2.1 billion bid for fitness tracker maker Fitbit will face a full-scale EU antitrust investigation next week, people familiar with the matter said on Thursday.
Reuters
On Wednesday, tech executives testified on Capitol Hill, remotely. You are busy, so here is my best summary of how this went
Washington Post
Its Q2 profit jumped 23 percent from last year.
engadget
U.S. tech firm International Business Machines on Thursday launched a research partnership with Japanese industry to accelerate advances in quantum computing, deepening ties between the two countries in an emerging and sensitive field.
Reuters
Apple CFO Luca Maestri has disclosed that compared to the September 2019 release of iPhone 11 models, Apple is expecting this year's supply of new iPhones "to be available a few weeks later."
TechCrunch
Qualcomm shares are advancing strongly Thursday in reaction to solid quarterly results reported by the wireless technology company and a long-term patent agreement it announced with Huawei.
Yahoo! Finance
Tencent's market capitalization has surpassed Facebook's following a huge rally in the Chinese firm's shares this year.
CNBC
Israeli chip manufacturer Tower Semiconductor matched forecasts for unadjusted quarterly earnings, saying a downturn in its medical X-ray and automotive business had been offset by sales of mobile and power management chips.
Reuters
Huawei became the biggest smartphone player in the world in the second quarter for the first time overtaking Samsung and Apple.
CNBC
No delays for AMD's major launches, unlike Intel
The Verge
Google is said to want more prominence for its own services like the Play Store
The Verge
Qualcomm on Wednesday forecast fourth-quarter revenue largely above Wall Street expectations, powered by sales of its chips used in 5G devices and reaching a settlement with Huawei Technologies.
Reuters
The most powerful figures in tech were hit with tough questions and documents that raised concerns about their competitive tactics during a high-profile antitrust hearing on Wednesday.
CNN
AMD raised its guidance for full-year revenue growth.
CNBC
MediaTek has hired a former U.S. Department of Commerce official to help the Taiwanese chipmaker navigate worsening US-China tensions that have already ensnared its customer Huawei Technologies.
Bloomberg
Microsoft investors are confident in its ability to weather economic storms, but its latest results will shed light on how COVID-19 has impacted its business for better and worse.
TheStreet.com
Chinese telecom company Huawei Technologies has cut its India revenue target for 2020 by up to 50% and is laying off more than half of its staff in the country, the Economic Times reported on Monday, amid calls to boycott Chinese goods.
Reuters
Chinese technology giant Huawei starts a four-day online event today focusing on how technology can be used in the fight against the coronavirus.
BBC News
Some say once all a ship's parts have been replaced, after years of service, it's no longer the same ship. Mac may not be Macintosh any more, but Apple's revival of an old idea suggests history may not have changed as much as we think.
ZDNet
Venkata "Murthy" Renduchintala joined Intel from Qualcomm in 2015, and he was seen as a CEO candidate as Brian Krzanich resigned in 2018.
CNBC
The first Phase 3 clinical trial of a coronavirus vaccine in the United States began Monday.
CNN
It's the first charging standard to support over 100 watts of power for smartphones.
Digital Trends
Huawei Technologies' founder Ren Zhengfei's global ambitions are marked in bricks and mortar at a new company campus in southern China, where the buildings are replicas from European cities.
Reuters
'9to5Mac' has discovered codes referencing TrueDepth and Face ID in macOS Big Sur.
engadget
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