UPDATE 1-Indonesia asks Apple, Google to block China's Temu to protect small merchants Updates Friday's story to add comments from Shein in paragraph 9 JAKARTA, Oct 11 (Reuters) - Indonesia has asked Alphabet's GOOGL.O Google and Apple AAPL.O to block Chinese fast fashion e-commerce firm Temu in their application stores in the country so it cannot be downloaded, a minister said on Friday.

UPDATE 1-China says Foxconn employees probed for bribery, embezzlement Updates Oct 11 story to add Foxconn declined to comment, paragraph 5, adds pictures available BEIJING, Oct 11 (Reuters) - China's government said on Friday that employees of Taiwan's Foxconn 2317.TW , the world's largest iPhone assembler, are being investigated for suspected taking of bribes and embezzlement, after Taiwan reported their detention.

UPDATE 1-Apple accused of restricting workers' Slack, social media use by US labor board Recasts first paragraph' adds Apple statement in paragraphs 4-5 By Daniel Wiessner Oct 11 (Reuters) - The U.S. National Labor Relations board accused Apple AAPL.O of interfering with workers' rights to collectively advocate for better working conditions by restricting their use of social media and workplace messaging app Slack, the agency said on Friday.

Apple accused of restricting workers' Slack, social media use by US labor board By Daniel Wiessner Oct 11 (Reuters) - Apple AAPL.O has been accused by a U.S. labor board of interfering with workers' rights to collectively advocate for better working conditions by restricting their use of social media and workplace messaging app Slack, the National Labor Relations Board said on Friday.

BUZZ-Affirm jumps after Wells Fargo upgrades to 'overweight' Updates stock activity, changes headline ** Affirm's AFRM.O shares jump 8.3% to $45.49, a 2-week high, on Fri after Wells Fargo upgrades buy now, pay later (BNPL) firm to 'overweight" from 'equal weight' ** Stock on course for biggest daily pct gain since 31.9% surge on Aug 29 after BNPL lender said expects to be profitable in 4th qtr of next fiscal year ** Wells Fargo hikes PT by $12 to $52, implying ~24% upside to stock's last close

China says Foxconn employees probed for bribery, embezzlement BEIJING, Oct 11 (Reuters) - China's government said on Friday that employees of Taiwan's Foxconn 2317.TW , the world's largest iPhone assembler, are being investigated for suspected taking of bribes and embezzlement, after Taiwan reported their detention. Taiwan's government said this week that four Foxconn employees had been detained in China under "quite strange" circumstances in China's Zhengzhou, home to a major Foxconn plant asse

CORRECTED-BUZZ-Affirm gains as Wells Fargo upgrades to 'overweight' Corrects 6th bullet to say MS upgraded to 'equal-weight' not "turned bullish" ** Affirm's AFRM.O shares up 3% premarket to $43.24 after Wells Fargo upgrades buy now, pay later (BNPL) firm to 'overweight" from 'equal weight' ** Brokerage hikes PT by $12 to $52, implying ~24% upside to stock's last close ** AFRM "has clearly demonstrated its right to win" incremental e-commerce checkout market share, Wells Fargo analyst Andrew Bau

Indonesia asks Apple, Google to block China's Temu to protect small merchants JAKARTA, Oct 11 (Reuters) - Indonesia has asked Alphabet's GOOGL.O Google and Apple AAPL.O to block Chinese fast fashion e-commerce firm Temu in their application stores in the country so it cannot be downloaded, a minister said on Friday. The move was intended to pre-emptively protect the country's small and medium-sized businesses against cheap products being offered by PDD Holdings' PDD.O Temu, communications minist

CORRECTED-Buffett's Berkshire cuts stake in BofA to below 10% Corrects paragraph 5 to say Berkshire has netted more than $10 billion since, not till, mid-July Oct 10 (Reuters) - Billionaire Warren Buffett's Berkshire Hathaway BRKa.N unloaded more Bank of America BAC.N stock this week that takes its stake in the U.S. banking giant below 10%. Berkshire sold 9.5 million shares worth $382.4 million for this week, according to a regulatory filing on Thursday.

BRIEF-CWA Says Apple Retail Workers In Bethesda, MD., File For Union Election With Communications Workers Of America Oct 10 (Reuters) - Apple Inc AAPL.O : CWA- APPLE RETAIL WORKERS IN BETHESDA, MD., FILE FOR UNION ELECTION WITH COMMUNICATIONS WORKERS OF AMERICA Source text for Eikon: [ID:] Further company coverage: AAPL.O

Brazil suggests reform to tighten antitrust regulation for big techs BRASILIA, Oct 10 (Reuters) - Brazil's government on Thursday recommended a reform to its competition law that would allow antitrust authority CADE to designate certain digital platforms as systemically relevant, subjecting them to new obligations if necessary. WHY IT'S IMPORTANT Brazil's Finance Ministry says that local legislation needs to be equipped with more tools to address a new reality where big tech firms, due to their

Taiwan says four Foxconn employees detained in China TAIPEI, Oct 10 (Reuters) - Four employees of Taiwan's Foxconn 2317.TW , the world's largest iPhone assembler, have been detained in China under "quite strange" circumstances, Taiwan's government said. Taiwan's Mainland Affairs Council, in a statement to Reuters on Thursday, said the four employees had been detained in China's Zhengzhou, home to a major Foxconn plant assembling Apple's AAPL.O iPhones, on suspicion of the equivalent of "breach o

EXCLUSIVE-Musk's X to dodge requirements of landmark EU tech rules, sources say Adds the European Commission declines comment, details By Foo Yun Chee BRUSSELS, Oct 10 (Reuters) - Elon Musk's X will not be designated as a gatekeeper under landmark EU tech rules known as the Digital Markets Act which would have subjected it to an onerous list of obligations, people with direct knowledge of the matter said on Thursday.

BRIEF-China Detains Employees At Apple iPhone Factory Run By Foxconn-WSJ Oct 10 (Reuters) - CHINA DETAINS EMPLOYEES AT APPLE IPHONE FACTORY RUN BY FOXCONN- WSJ Source: https://tinyurl.com/e6re4vcj

UPDATE 1-Amazon adds Apple TV+ to its Prime Video streaming service in US Adds background in paragraphs 2,3 and 4 Oct 9 (Reuters) - Amazon AMZN.O said on Wednesday that Apple TV+ AAPL.O will become available on Prime Video later this month in the U.S. for $9.99 per month, in a boost for the iPhone maker which has lagged behind streaming rivals Netflix, Disney+ and Prime Video itself.

Amazon adds Apple TV+ to its Prime Video streaming service in US Oct 9 (Reuters) - Amazon AMZN.O said on Wednesday that Apple TV+ AAPL.O will become available on Prime Video later this month in the U.S. for $9.99 per month. Reporting by Chandni Shah in Bengaluru; Editing by Sonia Cheema

BRIEF-Amazon Says Apple TV+ Will Become Available Via Prime Video In The U.S. As An Add-On Subscription For $9.99 Per Month Oct 9 (Reuters) - AMAZON AMZN.O : AMAZON: APPLE TV+ WILL BECOME AVAILABLE VIA PRIME VIDEO IN THE U.S. AS AN ADD-ON SUBSCRIPTION FOR $9.99 PER MONTH.

GXO Logistics explores sale after receiving takeover interest, source says Adds background and details on GXO By Sabrina Valle NEW YORK, Oct 9 (Reuters) - GXO Logistics GXO.N , a provider of logistics services with a market value of roughly $6 billion, is exploring a potential sale after receiving takeover interest, according to a person familiar with the matter.

Bosch, Tenstorrent to collaborate on standardizing automotive chips By Max A. Cherney SAN FRANCISCO, Oct 10 (Reuters) - German industrial giant Bosch will collaborate with U.S. chip startup Tenstorrent to develop a platform for standardizing the building blocks of automotive chips, Tenstorrent executives said. The plans include developing a standard method to use a building block of modern chips, called chiplets , to create systems that can power vehicles with significantly different needs , Ten

BRIEF-Dan Riccio, Apple’S Vision Pro Chief And Former Head Of Hardware Engineering, Is Retiring From Apple - Bloomberg News Oct 9 (Reuters) - Apple Inc AAPL.O : DAN RICCIO, APPLE’S VISION PRO CHIEF AND FORMER HEAD OF HARDWARE ENGINEERING, IS RETIRING FROM APPLE - BLOOMBERG NEWS APPLE'S VISION PRODUCTS GROUP WILL BE OVERSEEN BY JOHN TERNUS- BLOO