TOKYO (Reuters) – Japan plans to tighten restrictions on the export of high-tech material used in smartphones and chips to South Korea from July 4 in connection with a dispute over a South Korean ruling on war-time forced labor, the Sankei newspaper reported o... More »
HONG KONG (Reuters) – In a first of its kind initiative, HSBC Holdings Plc is backing the launch of a technology startup that aims to connect small-and-medium-sized manufacturers with component suppliers in different parts of the world as part of its trade ban... More »
LONDON (Reuters) – Politicians need to quickly coordinate regulatory responses to new risks from technology companies like Facebook moving into finance, though banks won’t be squeezed out anytime soon, the Bank for International Settlements (BIS) said on Sunda... More »
WASHINGTON (Reuters) – The U.S. Commerce Department said on Friday it was adding several Chinese companies and a government-owned institute involved in supercomputing with military applications to its national security “entity list” that bars them from buying ... More »
PARIS (Reuters) – Energy major Total said its new supercomputer – which has propelled it to a world ranking as the most powerful computer in the sector – will enable its geologists to find oil faster, cheaper and with a better success rate. The Pangea III comp... More »
PARIS (Reuters) – A next-generation drone being developed by several European nations must be price competitive or the project designed to project European unity and strength in an increasingly uncertain world will flounder, France’s defense minister warned on... More »
(Reuters) – Collective Health, which makes software for companies to pay workers’ health costs directly, said on Monday it had raised $205 million in new funding led by SoftBank Group Corp’s Vision Fund. The San Francisco, California-based company said it woul... More »
BEIJING (Reuters) – Rare earth exports by China, the world’s dominant producer, fell 16% in May from a month earlier amid an increased focus on the raw materials due to the Sino-U.S. trade war, although the drop was in line with usual trading. Exports by China... More »
(Reuters) – Microsoft Corp on Sunday unveiled its next-generation Xbox console, known as “Project Scarlett,” which is set to hit store shelves during the 2020 holiday season. The device will be four times more powerful than the Xbox One X console and be powere... More »
LONDON (Reuters) – London-based technology companies attracted a record 2.56 billion pounds ($3.26 billion) in venture capital in the first six months of 2019, more than twice as much as those in Berlin, the Mayor of London’s investment agency said on Monday. ... More »
LONDON (Reuters) – UK mobile operator Three on Monday said it would launch its first new-generation 5G broadband service in London in August and would roll out mobile and broadband across 25 towns and cities before the end of the year. Three, which is owned by... More »
OXFORD, England (Reuters) – Wearing a white blouse and her dark hair hanging loose, Ai-Da looks like any artist at work as she studies her subject and puts pencil to paper. But the beeping from her bionic arm gives her away – Ai-Da is a robot. Described as “th... More »
SHANGHAI (Reuters) – China’s Ministry of Industry and Information Technology (MIIT) will roll out commercial 5G licenses “in the near future”, Xinhua said. It did not provide further details. Beijing had granted licenses at the end of 2018 to China’s three sta... More »
DUBAI (Reuters) – Bahrain, a U.S. ally that hosts the Navy’s Fifth Fleet, has warned citizens and residents that following anti-government social media accounts could result in legal action, hardening a government campaign against critical online voices. The i... More »
JERUSALEM (Reuters) – Food technologies-focused Finistere Ventures and three Israeli firms said on Monday they formed a partnership that would invest up to $100 million in agrifood startups in Israel. Finistere will be joined by Tnuva, Israel’s largest food co... More »
(Reuters) – Huawei Technologies’ founder and Chief Executive Ren Zhengfei told Bloomberg bloom.bg/2HT7DUY that retaliation by Beijing against Apple Inc was unlikely and that he would oppose any such move from China against the iPhone maker. When asked about ca... More »
LIMA (Reuters) – The presidents of Peru, Colombia, Ecuador and Bolivia criticized a recent decision by the organization that manages internet protocol to grant global retailer Amazon Inc the rights to the .amazon domain. Amazon Inc has been seeking the exclusi... More »
(Reuters) – U.S. real estate title insurance company First American Financial Corp said on Friday it had learned of a design defect in one of its production applications that had made possible unauthorized access to customer data. The statement was sent in res... More »
MEXICO CITY (Reuters) – A tax withholding plan in Mexico for drivers at ride-hailing firms envisaged as voluntary when it was unveiled earlier this week could become obligatory in 2020, Spanish company Cabify said on Friday. Mexico’s government on Monday outli... More »
SAN FRANCISCO (Reuters) – Uber’s first employee and one-time chief executive Ryan Graves will step down from the company’s board of directors, Uber said on Friday. Graves this week informed the company of his intention to resign from the board, beginning Monda... More »
FRANKFURT (Reuters) – German chipmaker Infineon has suspended shipments to Huawei Technologies, in a sign that Washington’s crackdown on the Chinese tech company is beginning to hamper its supplies beyond the United States, Nikkei Asian Review reported on Mond... More »
PARIS (Reuters) – STMicroelectronics declined to comment on Monday on a report in the Nikkei Asian Review that said it was set to have meetings this week to discuss whether to continue shipping to Huawei. The Nikkei Asian Review had earlier reported that Germa... More »
SHANGHAI (Reuters) – Chinese gaming giant NetEase said on Monday it would partner with The Pokemon Company and Gamefreak for the domestic release of Pokemon Quest, marking the first official Pokemon mobile game release in China. NetEase also said it would form... More »
SHANGHAI (Reuters) – Chinese state media on Monday criticized the United States for its complaints about intellectual property theft, calling them a “political tool” intended to suppress China’s economic development. The U.S. has lobbed complaints about Chines... More »
PORTLAND, Oregon (Reuters) – Portland leading scorer Damian Lillard has had a difficult time with a hovering Golden State defense and, with his team facing elimination from the NBA Western Conference finals, the Trail Blazer All-Star has a decision to make. Sh... More »
MEXICO CITY (Reuters) – Mexico’s consumer watchdog, Profeco, said on Friday it won a class-action lawsuit against the local unit of U.S. telecommunications giant AT&T Inc for undue charges and poor service. Profeco said that in 2013 it sued telecommunications ... More »
NEW YORK (Reuters) – U.S. entrepreneur and cryptocurrency investor Michael Terpin won $75.8 million in a civil judgment against a 21-year-old man who Terpin said was part of a scheme that defrauded him of digital currencies, court documents showed on Friday. C... More »
HONG KONG (Reuters) – Sequoia Capital China, widely viewed as a bellwether for Chinese tech investment, is set to lay off as much as 20 percent of investment staff as a slowdown in the country’s tech sector saps appetite for risk, said two people with knowledg... More »
BERLIN (Reuters) – Vodafone wants the German government to facilitate the rollout of ultrafast fiber broadband connections to homes and businesses by investing in the “last mile” of networks, the company’s Germany chief was quoted saying. Germany has been slow... More »
KIEV (Reuters) – A Ukrainian computer game that brings to life a town abandoned after the Chernobyl nuclear disaster may not sound like everyone’s idea of fun but has attracted 60,000 people globally since its launch in October. Players of “Isotopium: Chernoby... More »
(Reuters) – Dutch chip equipment maker ASML Holding NV said on Saturday a U.S. court had issued its final judgment in favor of ASML in an intellectual property theft case against U.S. software maker Xtal. The Santa Clara County Superior Court in California awa... More »
SEOUL (Reuters) – Smartphone maker Samsung Electronics Co Ltd has postponed media events for its Galaxy Fold planned for this week in Hong Kong and Shanghai, a company official said, days after reviewers of the foldable handset reported defective samples. The ... More »
SHANGHAI (Reuters) – China’s press and publication regulator has issued new rules on applications for publishing online games in China, signaling a possible acceleration in the handing out of formal approvals. China stopped granting licenses to monetize online... More »
(Reuters) – A British cyber security researcher hailed as a hero for neutralizing the global “WannaCry” ransomware attack in 2017 has pleaded guilty to U.S. charges of writing malware. Marcus Hutchins, who was charged on 10 counts in the United States, pleaded... More »
JOHANNESBURG (Reuters) – Naspers will float its e-commerce ventures on the Euronext stock exchange in Amsterdam, it said on Monday, the latest move by South Africa’s biggest company to address a hefty discount in its shares. Founded more than 100 years ago in ... More »
ABU DHABI (Reuters) – Abu Dhabi will commit up to 1 billion dirhams ($272 million) to support technology start-ups, it said on Sunday, in a dedicated hub as part of efforts to diversify its economy. U.S. tech giant Microsoft will be a strategic partner, provid... More »
ACAPULCO, Mexico (Reuters) – Various companies in Mexico, including Uber Technologies Inc., have shown interest in using a new mobile payments system developed by the country’s central bank that seeks to promote financial inclusion, the head of the bank said o... More »
SINGAPORE (Reuters) – Singapore Telecommunications Ltd said on Monday it has signed a partnership to enable the use of its cross-border mobile wallet platform in Japan, as the telecom operator moves ahead with its digital payments expansion. The partnership wi... More »
(Reuters) – Leading mobile games company Playtika has become a partner of the National Hockey League’s Montreal Canadiens, the company announced. Playtika also is the main sponsor of the Spanish soccer club Sevilla FC. “Montreal is home to one of Playtika’s mo... More »
(Reuters) – Networking software company Citrix Systems Inc said on Friday it has taken action to fix incident involving unauthorized access, possibly by international cyber criminals, to its internal network. Citrix also said it was contacted by the U.S. Feder... More »
NEW YORK (Reuters) – The National Basketball Association will offer fans in China original programming and an easier way to buy league gear through e-commerce giant Alibaba Group Holding Ltd, the league announced on Wednesday. For the first time, NBA China wil... More »
SEOUL (Reuters) – Chinese tech giant Tencent and South Korea’s biggest chat operator Kakao Corp are among five bidders shortlisted to buy South Korean gaming firm Nexon, the Korea Economic Daily newspaper reported on Monday. The newspaper said NXC Corp, the ho... More »
STOCKHOLM (Reuters) – Electric scooter sharing firm VOI Technology has raised $30 million in another fundraising round since being set up seven months ago for its European expansion and investment in research to fend off growing competition, it said on Monday.... More »
SHANGHAI (Reuters) – Chinese asset managers are rushing to set up funds targeting Shanghai’s upcoming Nasdaq-style technology board, in a race likely to fuel concern that China’s speculative trading culture could lead to more price bubbles. Applications from m... More »
SINGAPORE (Reuters) – China’s Xinhua state news agency on Sunday used a lifelike robotic news anchor that mimics human facial expressions and mannerisms to present a story about delegates attending an annual parliament meeting arriving in Beijing. The artifici... More »
LONDON (Reuters) – British firefighters said they had brought a serious fire at a Tesla showroom in southern England under control hours after it broke out on Saturday morning. The showroom was “well alight” when firefighters were called to the dealership in C... More »
LOS ANGELES (Reuters) – When the “Star Wars” galaxy is brought to life at Walt Disney Co’s U.S. theme parks later this year, fans will not step onto the iconic landscapes of Hoth or Tatooine. The 14-acre (6-hectare) Star Wars: Galaxy’s Edge sections of the two... More »
HONG KONG (Reuters) – An investment firm backed by the Beijing city government is in talks with prospective investors to raise over 10 billion yuan ($1.5 billion) in its first fund aimed mainly at cutting-edge tech investments, said two people with direct know... More »
HONG KONG (Reuters) – Apple Inc supplier AAC Technologies Holdings Inc saw its shares dropped 13 percent on Tuesday after the acoustic component maker said it expected first-quarter net profit to fall as much as 75 percent due to reduced orders. The Hong Kong-... More »
SAN FRANCISCO (Reuters) – California Attorney General Xavier Becerra on Monday endorsed a state bill that would expand the state’s new privacy act to allow consumers to sue companies over their handling of personal data, despite months of tech lobbying against... More »
LONDON (Reuters) – Online retailer Amazon will create more than 1,000 apprenticeship roles in Britain over the next two years, it said on Tuesday, indicating the country’s imminent departure from the European Union is not deterring it from investing. With only... More »
(Reuters) – Australia’s TPG Telecom Ltd said on Tuesday it will take A$228 million ($163 million) in writedowns in its first-half results after halting its mobile network rollout due to a ban on the use of equipment from Huawei Technologies Co Ltd. TPG said la... More »
BARCELONA (Reuters) – Flexible and folding formats framed the future of smartphones this week as manufacturers focused on new forms in an effort to jolt the market out of uniformity and re-invigorate sales. But anyone hoping to tap or swipe Huawei’s Mate X, a ... More »
BARCELONA (Reuters) – A man volunteered to have a chip inserted under his skin live on stage at a trade fair in Barcelona on Monday, and another man who had already undergone the procedure showed off how he could make a payment with it using his smartphone. Ed... More »
FALMOUTH, England (Reuters) – Can robots be creative? British gallery owner Aidan Meller hopes to go some way towards answering that question with Ai-Da, who her makers say will be able to draw people from sight with a pencil in her bionic hand. Meller is over... More »
BERLIN (Reuters) – Germany’s federal cybersecurity agency is investigating whether China’s Huawei Technologies could be a security threat after warnings from other countries, the Funke group of newspapers reported on Friday, citing Economy Minister Peter Altma... More »
NEW YORK (Reuters) – The firm that sold Chelsea Market to Google for $2.4 billion has joined three large brokerages, among others, to back software designed to meet the growing demands of a millennial workforce that is changing how office space is leased and m... More »
BANGKOK (Reuters) – Thailand launched a Huawei Technologies 5G test bed on Friday, even as the United States urges its allies to bar the Chinese telecoms giant from building next-generation mobile networks. Huawei, the world’s top producer of telecoms equipmen... More »
TOKYO (Reuters) – Nikon Corp said Foxconn Technology Group had requested to delay the instalment of equipment at the Taiwanese firm’s new liquid crystal display (LCD) plant in the southern Chinese city of Guangzhou. Comments from the Japanese equipment maker c... More »
(Reuters) – French engineering consulting firm Altran Technologies was the target of a cyber attack last Thursday that hit operations in some European countries, it said. Altran said on Monday it had shut down its IT network and applications and a recovery pla... More »
SHANGHAI/BEIJING (Reuters) – Search engine Bing’s outage in China last week was a technical error, rather than an intentional censorship block, a source familiar with the matter said, although Chinese authorities and Microsoft have not commented on the topic. ... More »
BEIJING (Reuters) – China’s Didi Chuxing said it had set up a joint venture (JV) with Beijing Electric Vehicle Co., a unit of state-owned BAIC, to work on new energy vehicle and artificial intelligence projects. The JV, BAIC-Xiaoju New Energy Auto Technology C... More »
CINCINNATI (Reuters) – When Danny Reagan was 13, he began exhibiting signs of what doctors usually associate with drug addiction. He became agitated, secretive and withdrew from friends. He had quit baseball and Boy Scouts, and he stopped doing homework and sh... More »
BANGKOK (Reuters) – When app developer Sattha Puangput was looking to move from a startup to a new role, he updated his profile on GetLinks, a website that pairs technology professionals with companies looking to beef up their tech teams. Within days, he says,... More »
(This January 24 story corrects throughout to say that the “Fruit Ninja” game deleted by the CAC was not developed by iDreamSky Technology Holdings Ltd, nor distributed by Tencent.) BEIJING (Reuters) – China’s cyber watchdog said on Thursday it has deleted clo... More »
BUDAPEST (Reuters) – The robots at the Enjoy Budapest Cafe can do it all – they can serve up food and drink, tell jokes, dance with the kids or just hang out for a chat with customers. The cafe, opened by IT company E-Szoftverfejlesztő in the Hungarian capital... More »
VATICAN CITY (Reuters) – The Vatican’s Swiss Guard, the colorfully dressed mini-army that helps protect the pope, will have cooler heads now they have swapped their ancient metal helmets for ones made by 3-D printers. The new helmets, made of a thermoplastic, ... More »
FRANKFURT (Reuters) – Chip designer Dialog Semiconductor said on Monday that it managed to hit its fourth-quarter revenue guidance despite a slump in iPhone sales at its main customer Apple. Shares in the Anglo-German company jumped 4 percent as investors cred... More »
(Reuters) – The chief executive officer of Myntra and Jabong, a unit of Walmart-owned Flipkart, Ananth Narayanan has left the company to pursue external opportunities, Myntra said on Monday. Narayanan is in talks to replace Ajith Mohan as the chief executive o... More »
GOVE/NEW DELHI (Reuters) – Hurt by high fuel prices, Vinod Gore, a farmer in Gove village in the western Indian state of Maharashtra, ditched his petrol scooter for an electric model, underlining how two-wheelers are driving the country’s goal of electrificati... More »
BERLIN (Reuters) – Germany’s antitrust watchdog plans to order Facebook to stop gathering some user data, a newspaper reported on Sunday. The Federal Cartel Office, which has been investigating Facebook since 2015, has already found that the social media giant... More »
LONDON (Reuters) – London remained the top destination in Europe for technology investment in 2018, with nearly double the amount being plowed into companies in the British capital than nearest rival Berlin, data showed on Wednesday. Technology companies in Lo... More »
(Reuters) – Facebook Inc Chief Executive Officer Mark Zuckerberg said on Tuesday he will host a series of public discussions about the future of technology in society as part of his personal challenge this year. Zuckerberg sounded his plan in a Facebook post, ... More »
SAN DIEGO (Reuters) – Boeing Co unveiled a speedier and higher-flying version of a concept plane on Tuesday aimed at sharply reducing fuel use thanks to its elongated ultra-light wings. The so-called Transonic Truss-Braced Wing aircraft boasts a 170-foot (52 m... More »
SEOUL (Reuters) – The founder of South Korean gaming company Nexon (3659.T) is set to sell a controlling stake worth around $9 billion in Nexon’s holding firm NXC Corp, the Korea Economic Daily newspaper reported on Thursday. The value of the stake up for sale... More »
HANOI (Reuters) – A Vietnamese court on Friday ordered ride-hailing firm Grab to pay 4.8 billion dong ($206,985) in compensation to a local taxi operator, ending an 18-month-long legal battle between the two firms, a Grab spokesman and state media reports said... More »
(Reuters) – Facebook Inc’s photo-sharing social network Instagram said on Thursday it has fixed a bug that led to a temporary change in the appearance of its feed for a large number of users. The bug led to a small test being distributed widely, the company sa... More »
FRANKFURT (Reuters) – German utility Innogy is putting its business serving the electric car industry into a standalone company, separate from its main business as an energy supplier. “This pooling of our eMobility business is our response to the current chall... More »
HONG KONG (Reuters) – Huawei Technologies [HWT.UL] is expected to record a 21 percent jump in revenue for 2018 to $109 billion, its rotating chairman said, marking the Chinese tech giant’s fastest pace of business growth in two years despite heightened global ... More »
(Reuters) – Headsets maker Plantronics Inc said on Wednesday it has entered an agreement with the U.S. Securities and Exchange Commission to settle an investigation into Polycom Inc, which it acquired in July. Plantronics will pay $36 million to settle the inv... More »
SAN FRANCISCO (Reuters) – Self-driving car startup Zoox Inc has become the first company to receive approval from California regulators to operate an autonomous ride service for public passengers, state regulators said on Friday. The California Public Utilitie... More »
WARSAW (Reuters) – Polish and Lithuanian power grid operators said on Friday they had agreed to build a high voltage direct current (HVDC) underwater cable by 2025 as part of a plan to connect the electricity grids of the Baltic states with those of the Europe... More »
CHEPSTOW, Wales (Reuters) – The ZX Spectrum, a classic 1980s home PC, earned inventor Sir Clive Sinclair a place in Britain’s hi-tech pantheon. Now his nephew Grant is hoping to replicate that success with a build-your-own pocket gaming computer. The POCO, or ... More »
VIENNA (Reuters) – Austrian retailers have filed a complaint against Amazon with their national competition authority over the U.S. e-commerce giant’s dual role as a retailer and a marketplace. The European Commission and Germany’s antitrust authority are also... More »
SYDNEY (Reuters) – Australia’s competition watchdog on Monday recommended tougher scrutiny and a new regulatory body to check the dominance of tech giants Facebook Inc and Alphabet Inc’s Google in the country’s online advertising and news markets. The recommen... More »
HONG KONG (Reuters) – Chinese artificial intelligence provider Megvii Inc, commonly known as Face++, is targeting to raise $500 million in a new funding round that pegs the current valuation of the firm at $3.5 billion, people with knowledge of the matter said... More »
SYDNEY (Reuters) – Australia’s competition regulator says it has five investigations afoot as a result of its examination of the market power and public influence of tech giants such as Facebook Inc and Alphabet Inc’s Google. “We have five investigations under... More »
SHANGHAI (Reuters) – China’s central bank on Monday warned that rejecting cash as a form of payment was illegal, saying that such practices could eventually could cause the loss of confidence in physical money and was unfair to those not accustomed to electron... More »
(Reuters) – FuboTV, a sports-focused internet television streaming service, expanded into Spain on Monday in its first move outside North America. The private company, which is based in New York and has raised $150 million in funding to date, will offer 13 Spa... More »
DUBAI (Reuters) – Middle East ride-hailing company Careem said on Monday it had launched a bus-booking service in Egypt and would soon expand it into Saudi Arabia and Pakistan. Users of the ‘Careem Bus’ app select their pick-up and drop-off location and track ... More »
(Reuters) – Singapore-based ride-hailing firm Grab has invested $100 million in Indian hotel-reservations startup OYO, a source with knowledge of the matter told Reuters on Monday. Both companies are backed by Japan’s SoftBank Group Corp (9984.T). The investme... More »
BEIJING (Reuters) – China’s Didi Chuxing signed an agreement with German automotive supplier Continental AG on Tuesday to cooperate in developing internet-connected, electric cars tailor-made for Didi’s ride hailing services. Didi currently uses regular passen... More »
(Reuters) – Nokia has signed a one billion euro ($1.17 billion) deal to support China Mobile, the Finnish network gear maker said on Tuesday. Under the terms of the one-year deal, which was signed at Sino-German Economic Forum, Nokia will provide the Chinese o... More »
(Reuters) – India’s biggest software services exporter, Tata Consultancy Services Ltd, posted a better-than-expected rise of about 24 percent in first-quarter net profit, helped by strong growth in its banking, financial services and insurance division. The Mu... More »
SHANGHAI (Reuters) – Tesla Inc on Tuesday signed agreements with Shanghai authorities that will allow it to open a plant in the Chinese city with an annual capacity of 500,000 cars, local media reported. The U.S. carmaker signed agreements with the Shanghai mu... More »
SYDNEY (Reuters) – Litigation funder IMF Bentham Ltd (IMF.AX) is preparing to potentially sue social media giant Facebook Inc (FB.O) in Australia over its sharing of users’ data with political consultancy Cambridge Analytica. The world’s largest social network... More »
SEOUL (Reuters) – South Korean LG Display Co Ltd’s plan to build a new organic light-emitting diode (OLED) panel production facility in China has been approved by the Chinese government, the company said on Tuesday. The new China plant will be established thro... More »
FRANKFURT (Reuters) – BMW signed a Memorandum of Understanding (MoU) with tech giant Baidu to join its autonomous driving platform Apollo as a board member, BMW said on Tuesday. The MoU was signed during a visit by Chinese Premier Li Keqiang to Germany. After ... More »
SINGAPORE (Reuters) – Grab unveiled a grocery delivery service on Tuesday, betting the firm’s extensive network of 7.1 million drivers, agents and merchants will help steer the company as it expands beyond its core ride-hailing business across Southeast Asia. ... More »
TAIPEI (Reuters) – Taiwanese smartphone maker HTC Corp said its sales fell nearly 68 percent in June, its biggest slump in more than two years, as the struggling firm continues to lose customers amid intensifying competition with nimbler manufacturing rivals. ... More »
