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TECHNOLOGY

Huawei to join forces with China Mobile to bid for Brazil's Oi: report

Chinese telecoms equipment maker Huawei Technologies Co is joining forces with China Mobile to potentially enter a dispute to buy struggling Brazilian carrier Oi SA , in an attempt to boost its footprint in Latin America's largest market, O Globo news website reported on Saturday.

SoftBank mulls bringing 40 companies to Brazil

Japan's SoftBank Group Corp is considering bringing around 40 companies with high growth potential to Brazil and expects to announce a large investment in the country in around two weeks' time, the group's head in Brazil, André Maciel, said on Friday.

Uber sues New York City over cruising and licensing caps

Uber Technologies Inc sued New York City on Friday, seeking to void a new rule limiting how much time its drivers can spend cruising streets in busy areas of Manhattan without passengers, saying it threatens to undermine the company's ride-sharing model.

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