TECHNOLOGY

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.

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.

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.

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.

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.

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.

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.

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.

(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)