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UberPOP halts service in France after clampdown, protests

PARIS - Uber Technologies will suspend its UberPOP ride-hailing service in France, the U.S. company said on Friday, after it faced sometimes-violent protests and local authorities denounced it as an illegal taxi service.

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GAO sees room for improvement in bank cyber security exams

- U.S. banking regulators must hire and train more examiners with technology expertise so they can give more useful cyber security recommendations to small and mid-sized banks, a federal watchdog agency has warned.

02 Jul 2015

Yelp temporarily decides not to pursue a sale: Bloomberg

- Yelp Inc, operator of consumer review website yelp.com, had temporarily decided not to pursue a sale, Bloomberg reported, citing people with knowledge of the matter.

Deals, 02 Jul 2015

Salinas's Totalplay eyes Mexico wholesale network

MEXICO CITY - Totalplay, the pay TV, Internet and fixed-line company owned by Mexican billionaire Ricardo Salinas, is considering participating in an upcoming tender for a $7 billion wholesale mobile network, the company's chief executive said on Thursday.

02 Jul 2015

STMicro signs $500 million supply deal with China's Huawei

TOULOUSE, France - French microchip maker STMicro signed a $500 million with China's Huawei on Thursday to bolster its supply relationship with the Chinese telecom equipment provider, the French government said in a statement.

02 Jul 2015

Xiaomi books 1H sales fall, putting full-year goal in doubt

BEIJING - China's top smartphone maker Xiaomi Inc on Thursday reported semi-annual sales that for the first time were lower than the previous six months, jeopardising its full-year target and hinting at a slowdown in its mainstay domestic market.

02 Jul 2015