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#Information Technologies / Computer Sciences

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‘UFO’ in Congo jungle turns out to be internet balloon

GOMA, Democratic Republic of Congo (Reuters) – An unidentified flying object parachuted into dense Congo jungle to the confusion of local authorities, who detained two people for questioning until a subsidiary of Google parent company Alphabet confirmed the de... More »

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Saudi information security firm Elm to acquire Tabadul

DUBAI (Reuters) – Saudi information security company Elm is to acquire digital services company Tabadul from Saudi Arabia’s sovereign wealth fund, Elm said in a statement on Sunday. The Public Investment Fund (PIF) also owns Elm and was considering an initial ... More »

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Venture firm 83North raises $300 million for new tech fund

LONDON (Reuters) – London-based venture capital firm 83North said on Monday it had raised $300 million for a new fund targeting European and Israeli consumer and enterprise technology firms. 83North, former backer of food delivery company Just Eat and Swedish ... More »

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China ministry will issue 5G licenses for commercial use in near…

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 »

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U.S.-based engineers’ body lifts curbs on Huawei employees

SHANGHAI (Reuters) – The Institute of Electrical and Electronics Engineers (IEEE) said on Monday curbs on employees of Huawei Technologies and its subsidiaries have been lifted, and they would be allowed to participate in a peer review process for its research... More »

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Indonesia cracks down on e-commerce to raise tax collection

JAKARTA (Reuters) – Indonesia is bringing in new rules requiring e-commerce sellers to share data with authorities, while also stressing that they must pay taxes, the finance ministry said on Monday. Surging smartphone use and a rising middle-class income in I... More »

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China says new financial information rules aimed at providers for…

BEIJING (Reuters) – China’s internet regulator said on Friday the recently published rules governing financial information providers are aimed at firms supplying information to an institutional audience and to specific investors, rather than the general public... More »

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Tech firm Sigfox develops tiny tracker to help fight rhino poaching

PARIS (Reuters) – French tech company Sigfox has developed a bite-size tracker that can be inserted into the horns of rhinos to help conservationists monitor and protect the endangered species. With the dramatic decline of animal species in the past century mo... More »

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Amazon’s latest gadget: a self-driving toy car for coders

LAS VEGAS (Reuters) – Self-driving cars, meet Amazon’s self-driving toys. Amazon.com Inc’s cloud unit on Wednesday announced a $399 autonomous toy car, aimed at helping web developers try out some of their own self-driving technology. Customers can train and t... More »

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Venture firm Atomico signs up ex-Uber and Google managers

LONDON (Reuters) – Atomico, which runs Europe’s largest independent venture fund, has hired former managers from Google and Uber to help drive international expansion for its portfolio of more than 50 start-ups and growth stage firms, it said on Thursday. Jamb... More »

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Oracle co-CEO Catz expects acceleration in cloud business

TEL AVIV (Reuters) – Oracle Corp co-CEO Safra Catz said on Monday she expects an acceleration in the company’s cloud business after the software maker last month reported sales from its cloud business that fell short of Wall Street expectations. Catz told repo... More »

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Trump to unveil China tariff list this week, targeting tech goods

WASHINGTON (Reuters) – The Trump administration this week will unveil the list of Chinese imports targeted for U.S. tariffs to punish Beijing over technology transfer policies, a move expected to intensify trade tensions between the world’s two largest economi... More »

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France to spend $1.8 billion on AI to compete with U.S., China

PARIS (Reuters) – French President Emmanuel Macron promised 1.5 billion euros ($1.85 billion) of public funding into artificial intelligence by 2022 in a bid to reverse a brain drain and catch up with the dominant U.S. and Chinese tech giants. The investment i... More »

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France to vet takeovers of firms in data and artificial intelligence

PARIS (Reuters) – The French government aims to broaden its powers to block foreign takeovers of French companies deemed as strategic, to also include firms involved in data protection and artificial intelligence (‘AI’), the finance minister said on Friday. Br... More »

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Growth, healing: New CEO faces twin tests at India’s Infosys

FILE PHOTO: A Infosys employee stands at the front desk of its headquarters in Bengaluru, India, April 15, 2016. REUTERS/Abhishek N. Chinnappa/File photo MUMBAI (Reuters) – After well over a decade with Capgemini, Salil Parekh is returning home to head unsettl... More »

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China’s Xi says country will not close door to global internet

Chinese magazines featuring China’s President Xi Jinping on the cover are seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China, December 3, 2017. REUTERS/Aly Song WUZHEN, China (Reuters) – Chinese President Xi Jinping said on Su... More »

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Now hiring? Amazon says its voice aide Alexa is ready for the office

The Amazon Echo, a voice-controlled virtual assistant, is seen at it’s product launch for Britain and Germany in London, Britain, September 14, 2016. REUTER/Peter Hobson (Reuters) – Amazon.com Inc (AMZN.O) wants to be your new executive assistant at work. The ... More »

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Apple sets up China data center to meet new cyber-security rules

FILE PHOTO: A 3D printed Apple logo is seen in front of a displayed cyber code in this illustration taken March 22, 2016. Apple Inc on Wednesday said it is setting up its first data center in China, in partnership with a local internet services company, to com... More »

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Big pharma turns to AI to speed drug discovery, GSK signs deal

FILE PHOTO: Signage for GlaxoSmithKline is seen on its offices in London, Britain, March 30, 2016. REUTERS/Toby Melville/File Photo The world’s leading drug companies are turning to artificial intelligence to improve the hit-and-miss business of finding new me... More »

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Blasts rock besieged city as Philippines marks independence day

Bomb blasts rocked Marawi City in the southern Philippines on Monday as the national flag was raised to mark independence day, almost three weeks after hundreds of Islamist militants overran the town and hunkered down with civilians as human shields. More »

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China to implement cyber security law from Thursday

FILE PHOTO: A woman uses a computer in an internet cafe at the centre of Shanghai, China January 13, 2010. REUTERS/Nir Elias/File Photo China, battling increased threats from cyber-terrorism and hacking, will adopt from Thursday a controversial law that mandat... More »

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Britain`s Heathrow says BA still experiencing some disruptions

People wait with their luggage at the British Airways check in desks at Heathrow Terminal 5 in London, Britain May 28, 2017. REUTERS/Neil Hall London’s Heathrow Airport said early on Monday that there were still some disruptions to British Airways (ICAG.L) fli... More »

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BA cancels flights from London as global IT outage causes chaos

People wait with their luggage at Heathrow Terminal 5 in London, Britain May 27, 2017. REUTERS/Neil Hall British Airways canceled all its flights from London’s two biggest airports on Saturday after a global computer system failure caused confusion and chaos, ... More »

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BA CEO Cruz says power supply issue caused global IT failure

Alex Cruz, Chairman and Chief Executive of British Airways attends The British Air Transport Association (BATA) Annual Lecture in London, Britain October 12, 2016. REUTERS/Stefan Wermuth British Airways said a power supply issue was to blame for a global compu... More »

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How artificial life spawned a billion-dollar industry

FILE PHOTO: A DNA double helix is seen in an undated artist’s illustration released by the National Human Genome Research Institute to Reuters on May 15, 2012. REUTERS/National Human Genome Research Institute/Handout/File Photo Scientists are getting closer to... More »

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Brain implant lets paralyzed man feed himself using his thoughts

Bill Kochevar, 56, is using computer-brain interface technology and an electrical stimulation system to move his own arm after eight years of paralysis, in this undated handout photo. Case Western Reserve University/Cleveland FES Center/Handout via REUTERS A p... More »

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U.S. financial firms embrace cloud, `fat fingers` notwithstanding

FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France on February 20, 2017. REUTERS/Pascal Rossignol/File Photo Only two years ago, an outage similar to the one that struck Amazon’s cloud services last month ... More »

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China sets up $14.6 billion internet investment fund: Xinhua

FILE PHOTO – Customers use computers at an internet cafe in Hefei, Anhui province March 16, 2012. REUTERS/Stringer China has set up a 100 billion yuan ($14.55 billion) fund to support investment in the internet sector, said official news agency Xinhua on Sunda... More »

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Microsoft, Qualcomm back Israel`s Team8 cybersecurity firm

The logo of Microsoft is pictured in Issy-les-Moulineaux, France, August 8, 2016. REUTERS/Jacky Naegelen/File Photo The venture arms of Microsoft (MSFT.O) and Qualcomm (QCOM.O) have invested in Team8, an Israeli creator of cybersecurity start-ups, as big multi... More »

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Silicon Valley`s obscure unicorns could boost 2017 IPO market

The Wall St. sign is seen outside the door to the New York Stock Exchange in New York’s financial district February 4, 2014. REUTERS/Brendan McDermid Social media firm Snap Inc may be the highest profile tech IPO planned for 2017, with the potential to raise b... More »

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New York eases proposed cyber regulations after industry complaints

A lock icon, signifying an encrypted Internet connection, is seen on an Internet Explorer browser in a photo illustration in Paris April 15, 2014. REUTERS/Mal Langsdon New York state’s financial regulator on Wednesday issued a revised proposal for the nation’s... More »

China renews calls for tighter cyberspace security: CAC

A map of China is seen through a magnifying glass on a computer screen showing binary digits in Singapore in this January 2, 2014 photo illustration. REUTERS/Edgar Su China’s top cybersecurity body reaffirmed its commitment to heightened cybersecurity surveill... More »

Alibaba Cloud stretches global reach with four new facilities

A booth introducing Alibaba Cloud services is seen at an exhibition venue during Alibaba Group’s 11.11 Singles’ Day global shopping festival in Shenzhen, China November 11, 2016. REUTERS/Bobby Yip Alibaba Cloud plans to open four new data facilities outside Ch... More »

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China passes bill to slash customs duties on 201 IT products

China will gradually eliminate customs duties for 201 information technology products covered by a $1.3 trillion World Trade Organization (WTO) deal under a bill passed on Saturday by its legislature, state news agency Xinhua reported. More »

U.S. mutual funds boost own performance with unicorn mark-ups

BOSTON/SAN FRANCISCO Some U.S. mutual funds are boosting their performance with relatively big bets on private companies such as Uber and Pinterest, which they have been marking up at a rate far greater than the broad stock market. Relied upon by millions of A... More »

Seattle, cloudy with a chance of technology upgrades

SEATTLE For Seattle, home to cloud technology powerhouses Amazon Inc (AMZN.O) and Microsoft Corp (MSFT.O), the process of upgrading the city’s data systems is moving more at glacial dial-up speed than lightning-fast broadband. In 2014, Seattle hired a chief te... More »

TalkTalk hires BAE Systems to investigate cyber attack

LONDON British broadband provider TalkTalk said on Sunday it had hired defense company BAE Systems to investigate a cyber attack that may have led to the theft of personal data from its more than 4 million customers. TalkTalk said on Friday it had received a r... More »

Cheap robots may shift car making from China to U.S.: Magna CEO

FRANKFURT The falling cost of intelligent robots may help repatriate some car manufacturing work away from low-cost locations like China back to factories in Germany and North America, Donald Walker, Chief Executive of auto supplier Magna told Reuters. Rising ... More »

U.S personnel agency chief resigns over massive data breach

WASHINGTON The chief of the U.S. federal hiring office resigned on Friday after massive computer hacks at the agency that put the personal data of more than 22 million Americans at risk, including people seeking sensitive security clearances. The White House s... More »