TECHNOLOGY

Amazon.com Inc founder Jeff Bezos said it would support the U.S. Department of Defense as technology companies vie for more defense contracts and the Pentagon seeks to modernize itself.

Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday.

Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as a federal court jury swiftly rejected the $190 million claim brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter.

A 20-year global moratorium on imposing tariffs on digital trade could end next week if India or South Africa makes good on threats, according to trade officials and documents, potentially forcing people to pay duties on software and movie downloads.

The Trump administration is considering putting some of Amazon.com Inc's overseas websites on a list of global marketplaces known for counterfeit goods, the Wall Street Journal reported on Friday, citing people familiar with the matter.

The chairman of the House Transportation and Infrastructure Committee urged Uber Technologies Inc to take action after the company disclosed on Thursday it received over 3,000 reports of sexual assault related to its 1.3 billion rides in the United States last year.

Chinese artificial intelligence (AI) start-up SenseTime, which Washington put on a trade blacklist in October, expects its 2019 revenue to increase by more than 200% year-on-year to around $750 million, two sources familiar with the matter said.

U.S. regulators on Friday said they had found now-defunct British political consulting firm Cambridge Analytica deceived consumers about the collection of Facebook Inc data for voter profiling and targeting.

Amazon.com Inc said on Friday it would open a new office in New York's Manhattan to house its consumer and advertising teams.