Technology

WASHINGTON (Reuters) – Representatives of Facebook, Twitter and Google have been asked to appear on Nov. 1 at hearings on alleged Russian interference in U.S. politics called by the U.S. Senate and House Intelligence Committees, officials said. Facebook and Twitter have already agreed to send representatives to the Senate committee hearing, a Congressional official said.
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NEW YORK (Reuters) – AT&T Inc’s (T.N) third-quarter video losses sent pay-TV industry shares down on Thursday after Wall Street analysts raised concerns about the continued threat of consumers cancelling their cable and satellite television subscriptions. The No. 2 U.S. wireless carrier, which owns satellite television service DirecTV, said in a filing on Wednesday that
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SAN FRANCISCO(Reuters) – Alphabet Inc’s Waymo sought at least $1 billion in damages and a public apology from Uber Technologies Inc as conditions for settling its high-profile trade secret lawsuit against the ride-services company, sources familiar with the proposal told Reuters. The Waymo self-driving car unit also asked that an independent monitor be appointed to
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BRASILIA/RIO DE JANEIRO (Reuters) – Brazilian phone carrier Oi SA on Wednesday submitted a plan to cut its 65.4 billion-real ($21 billion) debt burden to a commercial court. The plan was approved by the company’s board, and creditors of the largest-ever bankruptcy proceeding in Latin America will vote on it on Oct. 23. Reuters reported
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BEIJING (Reuters) – China’s top e-commerce firm, Alibaba Group Holding Ltd [BABA.N], is launching a $15 billion drive to build overseas research hubs as the deep-pocketed firm looks to compete with global leaders in e-commerce, logistics and cloud technology. The Alibaba ‘Damo’ academy would launch eight research bases in China, Israel, the United States, Russia
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WASHINGTON (Reuters) – U.S. Deputy Attorney General Rod Rosenstein on Tuesday sharply criticized technology companies that have built strongly encrypted products, suggesting Silicon Valley is more willing to comply with foreign government demands for data than those made by their home country. While echoing many arguments made by previous senior U.S. law enforcement officials, Rosenstein
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(Reuters) – Ethical hackers will team up with U.S. governors, academics and others to help prevent election results from being hacked, according to a person familiar with the plan. The coalition’s members include organizers of the Def Con hacking conference, the National Governors Association, the Center for Internet Security, the Atlantic Council and several universities,
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SYDNEY (Reuters) – The World Solar Challenge began on Sunday with 42 solar cars crossing Australia’s tropical north to its southern shores, a grueling 3,000 km (1,864 mile) race through the outback. The race from the northern city of Darwin to the southern city of Adelaide is expected to take a week for most cars,
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WASHINGTON (Reuters) – The U.S. Federal Communications Commission said late on Friday it had approved Alphabet Inc’s application to provide emergency cellular service to Puerto Rico through balloons. In the aftermath of Hurricane Maria, Puerto Rico has struggled to regain communications services. The FCC said on Friday that 83 percent of cell sites remain out
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(Reuters) – Shares of Switch Inc, which provides data center services to Amazon, eBay and JP Morgan among others, rose as much as 45 percent in their market debut on Friday, giving the company a market capitalization of more than $5.6 billion. Switch’s IPO was priced at $17 per share, above the previously outlined $14-$16
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BEIJING (Reuters) – China said on Thursday it has approved HP Inc’s (HPQ.N) $1.1 billion purchase of Samsung Electronics’ (005930.KS) printer business with certain restrictions, citing concerns about the U.S. firm’s dominance of the domestic laser printer market. HP announced the deal in September 2016, hoping to disrupt the $55 billion copier market by focusing
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LONDON (Reuters) – Taxify, an upstart European rival to Uber [UBER.UL], said on Thursday it had begun offering services in Paris despite regulatory uncertainty governing the status of private-hire cab companies that compete with licensed taxis. The Estonia-based company, which is backed by Chinese ride-hailing giant DiDi Chuxing, operates in 25 cities in central and
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SAN FRANCISCO (Reuters) – Alphabet Inc’s Google (GOOGL.O) on Wednesday unveiled the second generation of its Pixel smartphone along with new voice-enabled home speakers, redoubling its commitment to the hardware business as it competes with a surge of devices from Apple Inc (AAPL.O) and Amazon.com Inc (AMZN.O). Google’s new products, including a Pixelbook laptop, wireless
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WASHINGTON (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB), one of Wall Street’s top regulators, must strengthen its protections against hacking, according to a report the agency’s internal inspector released on Wednesday as the financial sector reels from recent revelations of two major data breaches. The former head of the Equifax (EFX.N) credit bureau
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(Reuters) – Russia-linked Facebook ads during last year’s U.S. presidential election mainly focussed on the states of Michigan and Wisconsin, CNN reported on Tuesday. The ads targeted key demographic groups and used divisive messages including promoting anti-Muslim sentiment, the report said, citing sources. cnn.it/2klAM2y Wisconsin and Michigan were among the handful of battleground states that
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