One big step: Google buys Fitbit for $2.1 billion

By MATT O’BRIEN AP Technology Writer Google, the company that helped make it fun to just sit around surfing the web, is jumping into the fitness-tracker business with both feet, buying Fitbit for about $2.1 billion. The deal could put Google in direct competition with Apple and Samsung in the highly competitive market for smartwatches […]

Hungary says Huawei to help build its 5G wireless network

BUDAPEST, Hungary (AP) — Hungary’s foreign minister says China’s Huawei will take part in the construction of the country’s next-generation 5G wireless network. Peter Szijjarto said Tuesday in Shanghai, China, that Huawei will be cooperating with Britain’s Vodafone and Germany’s Deutsche Telekom in the project. He added that Hungary does not discriminate between companies based […]

EU warns hostile countries are 5G risk, avoids naming names

By KELVIN CHAN AP Business Writer LONDON (AP) — The European Union warned Wednesday that next-generation telecommunication networks face a range of cyber threats, including from hostile countries. While steering clear of singling out Chinese tech company Huawei, an EU security risk assessment identified “states or state-backed actors” as the most serious and likely culprits […]

India restores post-paid cellphone services in Kashmir

By AIJAZ HUSSAIN and SHEIKH SAALIQ Associated Press SRINAGAR, India (AP) — postpaid cellphone services were restored in India-administered Kashmir on Monday, more than two months after India’s government downgraded the region’s semi-autonomy and imposed a security and communications lockdown. Landline phones were restored in the region last month, but the ban on more than […]

T-Mobile says close of Sprint deal delayed until next year

T-Mobile says it expects its combination with Sprint to close next year as it awaits a December antitrust trial with a group of state attorneys general. The company previously planned to complete the deal this year. The U.S. Department of Justice and the Federal Communications Commission have approved the deal, but a coalition of 15 […]

Samsung Electronics says third quarter profit fell 56%

SEOUL, South Korea (AP) — Samsung Electronics said Thursday its operating profit for the last quarter fell by nearly 56%, with its robust sales of smartphones, displays and TVs offset by a continuously weak market for computer chips. The South Korean technology giant reported an operating profit of 7.78 trillion won ($6.7 billion) for the […]

China accuses US of 'economic bullying' over equipment ban

BEIJING (AP) — China on Tuesday accused the U.S. of “economic bullying behavior” after U.S. regulators cited security threats in proposing to cut off funding for Chinese equipment in U.S. telecommunications networks. China would “resolutely oppose the U.S. abusing state power to suppress specific Chinese enterprises with unwarranted charges in the absence of any evidence,” […]