Technology

  • Facebook board backs Sandberg’s request to initiate research into Soros

    FILE PHOTO – Facebook COO Sheryl Sandberg testifies before a Senate Intelligence Committee hearing on foreign influence operations on social media platforms on Capitol Hill in Washington, U.S., September 5, 2018. REUTERS/Joshua Roberts (Reuters) –…

  • Documents show Facebook gave preferential access to data to certain companies

    A man poses with a magnifier in front of a Facebook logo on display in this illustration taken in Sarajevo, Bosnia and Herzegovina, December 16, 2015. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – Facebook Inc (FB.O) gave…

  • China’s Didi announces reorganization plan to address safety issues

    FILE PHOTO: A Didi Chuxing driver checks the information on the application in his car in Beijing, China August 28, 2018. REUTERS/Jason Lee SHANGHAI (Reuters) – Chinese ride hailing giant Didi Chuxing on Wednesday announced…

  • SoftBank’s Vision Fund to hire China team, set up mainland office: sources

    HONG KONG (Reuters) – The SoftBank-led Vision Fund is hiring an investment team to be based in China as the $100 billion investment giant expands in one of the world’s most vibrant tech markets, two…

  • EU ministers fail to break digital tax deadlock

    BRUSSELS (Reuters) – European Union finance ministers failed to agree a tax on digital revenues on Thursday, despite a last minute Franco-German plan to salvage the proposal by narrowing its focus to firms like Google…

  • Digital newcomers out to disrupt South African banking

    JOHANNESBURG (Reuters) – Armed with low-cost operating models, three South African digital banks are betting on aggressive pricing and data analytics to attract tech-savvy, price-conscious consumers when they launch next year in a rare challenge…

  • Qualcomm says China comment will not revive NXP deal

    (Reuters) – U.S. chipmaker Qualcomm Inc (QCOM.O) said on Monday it was not looking to revive its abandoned $44 billion acquisition of Dutch peer NXP Semiconductors NV (NXPI.O), a day after the White House said…

  • Verizon, Samsung to release 5G smartphones in U.S. in 2019

    FILE PHOTO: A photo illustration shows the Verizon wireless carrier icon on a mobile phone screen in Encinitas, California June 6, 2013. REUTERS/Mike Blake (Reuters) – Verizon Communications Inc (VZ.N) and Samsung Electronics Co Ltd…

  • Grab in talks to invest $100 million in Indian hotels startup Oyo: ET

    FILE PHOTO: A man walks past a Grab office in Singapore March 26, 2018. REUTERS/Edgar Su (Reuters) – Singapore-based ride hailing firm Grab is in advanced talks to invest $100 million in Indian hotel-reservations startup…

  • Amazon tests cashierless tech for stores with bigger spaces: WSJ

    People walk by the Amazon Go brick-and-mortar grocery store without lines or checkout counters, in Seattle Washington, U.S. December 5, 2016. REUTERS/Jason Redmond (Reuters) – Amazon.com Inc (AMZN.O) is testing its cashierless checkout technology for…

  • Blockchain platform goes live for North Sea crude oil trading

    LONDON (Reuters) – Oil majors and trading firms can start finalizing crude oil deals on a live blockchain-based platform for the first time, in a move that could revolutionize the market. A section of the…

  • Microsoft’s market value overtakes Apple’s to close out week

    SAN FRANCISCO (Reuters) – Microsoft Corp’s (MSFT.O) stock market value closed above Apple Inc’s (AAPL.O) for the first time in eight years on Friday as the Windows maker benefited from growth in cloud computing while…

  • Marriott’s Starwood hack hits up to 500 million customers

    (Reuters) – Marriott International Inc (MAR.O) said on Friday that hackers accessed up to 500 million customer records in its Starwood Hotels reservation system in an attack that began four years ago, exposing data including…

  • Former Autonomy boss Lynch to fight U.S. fraud charges

    LONDON (Reuters) – The United States has filed criminal charges against British entrepreneur Mike Lynch over the $11 billion sale of Autonomy to Hewlett-Packard seven years ago, accusing him of making false statements that inflated…

  • Does Google harm local search rivals? EU antitrust regulators ask

    BRUSSELS (Reuters) – EU antitrust regulators have asked Google’s rivals if the internet search giant unfairly demotes local search competitors, according to a questionnaire seen by Reuters, a move which could lead to a fourth…

  • Group of EU states reject compromise on digital tax as deadline looms

    BRUSSELS (Reuters) – A group of European Union countries rejected on Friday a new compromise plan for the introduction of an EU-wide tax on digital revenues of large companies, diplomats said, making it increasingly difficult…

  • U.S. appeals court upholds Sprint patent verdict against Time Warner Cable

    A man exits a Time Warner Cable branch in the Manhattan borough in New York, U.S. October 22, 2016. REUTERS/Eduardo Munoz (Reuters) – A U.S. appeals court on Friday upheld a roughly $140 million jury…

  • SoftBank sets indicative IPO price at 1,500 yen share, unchanged from initial estimate

    TOKYO (Reuters) – SoftBank Corp has set an indicative price of 1,500 yen ($13.23) per share for its IPO, a regulatory filing showed on Friday, making the deal worth 2.4 trillion yen ($21.16 billion) in…

  • Dell posts revenue jump ahead of voting on VMware offer

    (Reuters) – Dell Technologies Inc (DVMT.N) reported a 15 percent rise in quarterly revenue on Thursday, as businesses were forced to upgrade their systems running on older Windows technology, as well as strong performance in…

  • Facebook starts verification for UK political ads

    A Facebook sign is seen during the China Digital Entertainment Expo and Conference (ChinaJoy) in Shanghai, China August 3, 2018. REUTERS/Aly Song (Reuters) – Facebook Inc has started enforcing its verification requirements for political advertisements…

  • Huawei seeks clarification after New Zealand intelligence agency rejects 5G bid

    WELLINGTON (Reuters) – Huawei Technologies Co Ltd said it was seeking clarification from New Zealand after the country’s intelligence agency rejected the telecommunication industry’s first request to use the Chinese firm’s equipment in its planned…

  • Cloud storage firm Box beats quarterly revenue estimates, shares rise

    (Reuters) – Box Inc’s quarterly revenue topped Wall Street estimates on Wednesday and the company reported a smaller-than-expected loss as the cloud storage provider added more customers. Shares of Redwood City, California-based company rose nearly…

  • Daimler to start making electric cars in China in 2019

    FILE PHOTO: The Daimler is seen during a press conference on the second press day of the Paris auto show, in Paris, France, October 3, 2018. REUTERS/Regis Duvignau STUTTGART (Reuters) – Daimler (DAIGn.DE) will start…

  • Chinese transport authorities slam Didi for skirting safety measures

    BEIJING (Reuters) – Chinese authorities announced a broad crackdown on China’s ride-hailing industry on Wednesday, targeting market-leader Didi Chuxing with fines following the deaths of two passengers in separate incidents earlier this year. FILE PHOTO:…

  • Cryptocurrencies to survive sell-off: Allianz’s El-Erian

    NEW YORK (Reuters) – Cryptocurrencies are here to stay despite a prolonged slump this year, and will gain wider acceptance after the recent entry of more institutional investors in the space, Mohamed El-Erian, chief economic…

  • Lawmakers criticize Facebook’s Zuckerberg for UK parliament no-show

    LONDON (Reuters) – Facebook came under fire on Tuesday from lawmakers from several countries who accused the firm of undermining democratic institutions and lambasted chief executive Mark Zuckerberg for not answering questions on the matter.…

  • Ericsson sees 5G subscriptions hitting 1.5 billion in 2024

    The exterior of an Ericsson building is seen in Stockholm April 30, 2009. REUTERS/Bob Strong/File Photo STOCKHOLM (Reuters) – Swedish mobile network telecom gear maker Ericsson sees 5G subscriptions growing by 50 percent in 2024…

  • Fearful of bias, Google blocks gender-based pronouns from new AI tool

    SAN FRANCISCO (Reuters) – Alphabet Inc’s (GOOGL.O) Google in May introduced a slick feature for Gmail that automatically completes sentences for users as they type. Tap out “I love” and Gmail might propose “you” or…

  • European consumer groups want regulators to act against Google tracking

    BRUSSELS (Reuters) – Consumer agencies in the Netherlands, Poland and five other European Union countries asked privacy regulators on Tuesday to take action against Google (GOOGL.O) for allegedly tracking the movements of millions of users…

  • Tesla China sales plunge 70 percent in October: auto industry body

    FILE PHOTO: A man finishes charging his Tesla car at a charging point outside Tesla China headquarters in Beijing, China July 11, 2018. REUTERS/Jason Lee/File Photo BEIJING/SHANGHAI (Reuters) – Tesla Inc’s (TSLA.O) vehicle sales in…

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