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Netflix could lose four million U.S. subscribers in 2020: brokerage
Needham and Co was the fourth Wall Street brokerage in two months to cut its rating for Netflix Inc on Tuesday, arguing competition from new streaming services could lead to the loss of 4 million premium U.S. subscribers next year.

Alphabet's Loon agrees airspace deal with Uganda for internet balloon service
Loon, a unit of Google's owner Alphabet Inc, which uses high-altitude balloons to provide mobile internet to remote areas, has signed a key access airspace agreement with Uganda.

Bike-sharing company Wheels offers shareable helmet to cut injuries
Electric bike-sharing startup Wheels said on Tuesday it will begin offering its riders shareable helmets in response to concerns about injuries.

WTO ban on tariffs for digital trade extended until June 2020
World Trade Organization (WTO) members agreed on Tuesday to renew a 20-year moratorium on placing tariffs on digital trade for six months, allaying fears that people would have to pay duties on e-books and software for the first time.

EU antitrust regulators mull tougher line against tech giants
EU antitrust regulators are considering taking a tougher line against tech giants by forcing them to do more to ensure a level playing field, a senior European Commission official said on Tuesday, a move which could affect Facebook, Amazon, Apple and Google.

Amazon secures top Champions League rights for Germany has secured the rights to broadcast top European soccer Champions League matches for the 2021/22 season in Germany, the U.S. company said on Tuesday.

Apple has 'deep concerns' that ex-employees accused of theft will flee to China
Apple Inc on Monday told a federal court it has "deep concerns" that two Chinese-born former employees accused of stealing trade secrets from the company will try to flee before their trials if their locations are not monitored.

Visual China Group, Imaginechina suspend websites after Chinese regulator finds violations
Chinese image providers Visual China Group and Imaginechina have temporarily suspended their website services after the country's internet regulator said they had committed violations and ordered them to make rectifications.

With hashes and hedges, power-hungry crypto miners court investors
The old image of bitcoin miners is of young techies in their bedrooms, hunched over laptops that solve maths puzzles to earn new coins. Now they're more likely to be savvy startups with ultra-high-speed chips and massive, power-guzzling machines.

Sprint tells of business struggles in first day of T-Mobile merger trial
Executives from Sprint Corp testified on Monday that the U.S. wireless carrier has struggled to improve its network, hindering its growth and underscoring the need to merge with larger rival T-Mobile US Inc.


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