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#IT Services and Consulting (TRBC)

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Baidu competitor says to focus on AI as it plans U.S. IPO

China’s second-largest mobile search engine Sogou, controlled by Sohu.com [SOHU.O] and 45 percent owned by Tencent Holdings [0700.HK], said it will focus on artificial intelligence (AI) as it aims to build a next-generation search engine. More »

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Ukraine finally battens down its leaky cyber hatches after attacks

Employees of customer support team of the Wnet internet provider work at the company’s headquarters in Kiev, Ukraine July 26, 2017. When the chief of Microsoft Ukraine switched jobs to work for President Petro Poroshenko, he found that everyone in the office u... More »

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Seed funding slows in Silicon Valley

FILE PHOTO: Apoorva Mehta, CEO of Instacart speaks during 2016 TechCrunch Disrupt in San Francisco, California, U.S. September 14, 2016. The bloom is off seed funding, the business of providing money to brand-new startups, as investors take a more measured app... More »

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British minister to push Silicon Valley on countering militants

FILE PHOTO: Britain’s Home Secretary, Amber Rudd, arrives in Downing Street for a cabinet meeting, in central London, Britain June 20, 2017. Britain’s interior minister will use a visit to Silicon Valley on Tuesday to ask the world’s biggest social media and i... More »

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China`s Leshi votes for new board as creditors protest parent LeEco

FILE PHOTO – LeEco’s new Le Pro3 phone is on display during a press event in San Francisco, California, U.S. October 19, 2016. RETUERS/Beck Diefenbach An extraordinary shareholder meeting for the listed unit of indebted Chinese tech group LeEco ended amid prot... More »

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Lack of voting rights may keep Snap, others from MSCI indexes

FILE PHOTO – A woman photographs a banner for Snap Inc. on the facade of the New York Stock Exchange (NYSE) on the morning of the company’s IPO in New York City, NY, U.S. March 2, 2017. MSCI Inc has proposed leaving shares of Snap Inc (SNAP.N) and other compan... More »

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Major tech firms urge U.S. to retain net neutrality rules

FILE PHOTO – The Federal Communications Commission (FCC) logo is seen before the FCC Net Neutrality hearing in Washington February 26, 2015. A group representing major technology firms including Alphabet Inc (GOOGL.O) and Facebook Inc (FB.O) urged the U.S. Fed... More »

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Indonesia finance minister says to tackle tax avoidance by MNCs

Indonesia’s Finance Minister Sri Mulyani Indrawati speaks during the International Tax Conference in Jakarta, Indonesia, July 12, 2017. Indonesia will sharply lift its tax collection and work with other nations to develop new rules to tackle the “aggressive” t... More »

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Streaming TV apps grapple with password sharing

The Netflix logo is pictured on a television in this illustration photograph taken in Encinitas, California, U.S., January 18, 2017. More than one-fifth of young adults who stream shows like “Game of Thrones” or “Stranger Things” borrow passwords from people w... More »

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Facebook`s Oculus cuts price of virtual reality set, matching rival

A virtual reality head set is on display following an Oculus event in San Francisco, California June 11, 2015. REUTERS/Robert Galbraith Oculus, the virtual reality company owned by Facebook Inc, is temporarily cutting the price of its hardware, as the industry... More »

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Stripe strikes global partnerships with China`s Alipay, WeChat Pay

An Alipay logo is seen at a cashier in Shanghai January 12, 2017. REUTERS/Ali Song Silicon Valley startup Stripe has partnered with digital payment providers Alipay and WeChat Pay to enable merchants using its platform globally to accept payments from hundreds... More »

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Facebook to build housing in Silicon Valley for first time

Architectural rendering of Facebook’s proposed Willow Campus is seen in Menlo Park, California, U.S. in this undated photo obtained by Reuters July 7, 2017. The goal for the Willow Campus is to create an integrated, mixed-use village that will provide housing,... More »

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Maersk says too early to predict financial impact of cyber attack

FILE PHOTO: Empty Maersk shipping containers are seen stacked at Peel Ports container terminal in Liverpool northern England, December 9, 2016. REUTERS/Phil Noble/File Photo Maersk said it was too early to predict the financial impact of last month’s global Pe... More »

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Google says its service disruption issue resolved

FILE PHOTO – A Google Drive and Youtube logo is seen during Google I/O Conference at Moscone Center in San Francisco, California June 28, 2012. REUTERS/Stephen Lam Some of Alphabet Inc’s Google services including, Admin Console, Calendar and Hangouts, suffered... More »

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China`s Tencent shrugs off impact of play-time limits- shares rise

A child plays the game ”Honour of Kings” by Tencent at home in Dezhou, Shandong province, China July 2, 2017. REUTERS/Stringer Tencent Holdings Ltd has shrugged off concerns that a move to limit play time for some users of its top-grossing “Honour of Kings” ga... More »

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Ukraine police prevent second cyber attack: minister

FILE PHOTO: A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration/File Photo Ukrainian cyber police have blocked the second cyber attack against Ukraine, Ukrainian... More »

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TomTom, Baidu to collaborate on maps for computer-assisted driving

FILE PHOTO: A TomTom navigation device is seen in this photo illustration taken in Amsterdam, Netherlands, February 28, 2012. REUTERS/Robin van Lonkhuysen/United Photos/File Photo TomTom NV, the Dutch maker of navigation software for cars, on Wednesday said it... More »

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China`s services sector loses steam in June: Caixin PMI

A basket vendor walks past red lanterns serving as decorations to celebrate the new year outside a shopping mall in Kunming, Yunnan province January 6, 2015. REUTERS/Stringer China’s services sector grew at a slower pace in June as new orders slumped, signalin... More »

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Australia`s Fairfax ends talks with PE suitors without formal bid

FILE PHOTO: People walk outside the Fairfax Media headquarters building in Sydney, Australia, May 3, 2017. REUTERS/Jason Reed Australian newspaper publisher Fairfax Media Ltd said two private equity firms withdrew from rival takeover bids worth up to A$2.9 bil... More »

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Networks look online to attract young viewers back to TV

File Photo: The Discovery Communications headquarters building is seen in Silver Spring, Maryland December 3, 2009. REUTERS/Brad Bower/File Photo Discovery Communications Inc and Time Warner Inc’s Turner are taking the unusual step of streaming full episodes o... More »

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Facebook in talks to produce original TV-quality shows: WSJ

The logo of the social network Facebook is seen on a beach during the Cannes Lions Festival in Cannes, France, June 21, 2017. REUTERS/Eric Gaillard Facebook Inc is in talks with Hollywood studios about producing scripted, TV-quality shows, with an aim of launc... More »

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Short of IT workers at home, Israeli startups recruit elsewhere

FILE PHOTO: Employees work at website-designer firm Wix.com offices in Tel Aviv, Israel July 4, 2016. REUTERS/Baz Ratner/File Photo When Alexey Chalimov founded software design firm Eastern Peak in Israel four years ago he knew he would not find the developers... More »

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Tesla moves a step closer to building electric cars in China

FILE PHOTO — A Tesla Model X is photographed alongside a Model S at a Tesla electric car dealership in Sydney, Australia, May 31, 2017. REUTERS/Jason Reed/File Photo Tesla Inc (TSLA.O) took a step closer toward establishing an electric vehicle manufacturing pl... More »

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Apple adds Virgin to U.S. carrier lineup as Virgin ditches Android

A customer views the new iPhone 7 smartphone inside an Apple Inc. store in Los Angeles, California, U.S., September 16, 2016. REUTERS/Lucy Nicholson Apple Inc will soon start selling wireless plans from Virgin Mobile USA, the first new carrier offered by the i... More »

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Gundlach says flatter Treasury yield curve could become a concern

Jeffrey Gundlach, Chief Executive Officer, DoubleLine Capital LP., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid The U.S. Treasury yield curve flattening could become a concern for economic growth when tw... More »

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Verizon closes Yahoo deal, Mayer steps down

Marissa Mayer, President and CEO of Yahoo, participates in a panel discussion at the 2015 Fortune Global Forum in San Francisco, California, U.S. on November 3, 2015. REUTERS/Elijah Nouvelage Verizon Communications Inc (VZ.N) said on Tuesday it closed its $4.4... More »

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Waymo retires Firefly to focus on mass-produced vehicles

The Waymo logo is displayed during the company’s unveil of a self-driving Chrysler Pacifica minivan during the North American International Auto Show in Detroit, Michigan, U.S., January 8, 2017. REUTERS/Brendan McDermid Alphabet Inc’s self-driving car unit Way... More »

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Big investors, unfazed by techs` roller coaster, buy `FANG` stocks

FILE PHOTO: The Apple logo is seen on a computer screen in an illustration photo taken in Bordeaux, France, February 1, 2017. REUTERS/Regis Duvignau/File Photo Large investors, whose high exposure to large-cap technology stocks boosted their returns during the... More »

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NBC News launches digital video service to woo social media users

The NBC logo is picture atop their office building in San Diego, California September 1, 2015. REUTERS/Mike Blake Comcast Corp’s NBC News unit on Tuesday launched a digital video service that targets the growing number of viewers who get their news on social m... More »

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Exclusive: Loophole allows Uber to avoid UK tax, undercut rivals

FILE PHOTO – A man arrives at the Uber offices in Queens, New York, U.S. on February 2, 2017. REUTERS/Brendan McDermid/File Photo Car service Uber is using a gap in EU and UK tax rules to avoid incurring sales tax on the booking fees it charges drivers in Brit... More »

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U.S. plans to update self-driving guidelines in coming months

A self-driving car being developed by nuTonomy, a company creating software for autonomous vehicles, is guided down a street near their offices in Boston, Massachusetts, U.S., June 2, 2017. REUTERS/Brian Snyder President Donald Trump’s administration will unve... More »

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BP, Eni deepen blockchain trading in European gas

Signboards display fuel prices at an ENI petrol station in Rome, Italy, April 9 2016. REUTERS/Alessandro Bianchi Oil majors BP and Eni are deepening their foray into blockchain technology, starting to run blockchain trades in parallel with their live trading s... More »

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Swedish art gallery satire `The Square` wins Palme d`Or at Cannes

70th Cannes Film Festival – Closing ceremony – Cannes, France. 28/05/2017. Director Ruben Ostlund , Palme d’Or award winner for his film ‘The Square’, reacts. REUTERS/Stephane Mahe – RTX3805K “The Square”, a Swedish movie about the curator of a museum filled w... More »

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Yahoo hacking suspect appeals denial of bail in Canada

A Canadian suspected of involvement in a massive 2014 breach of Yahoo email accounts linked to Russia is appealing a decision to hold him in custody pending an extradition hearing, the man’s lawyer said on Friday. More »

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Google`s AlphaGo clinches series win over Chinese Go master

Chinese Go player Ke Jie puts a stone against Google’s artificial intelligence program AlphaGo during their second match at the Future of Go Summit in Wuzhen, Zhejiang province, China May 25, 2017. REUTERS/Stringer Google’s artificial intelligence program, Alp... More »

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Germany says makes progress with China on electric car quotas

China’s Foreign Minister Wang Yi (R) meets German Foreign Minister Sigmar Gabriel at the Ministry of Foreign Affairs in Beijing, China May 24, 2017. REUTERS/Jason Lee Germany has made good progress with China on how to introduce quotas aimed at producing more ... More »

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Pace of Gulf tech deals heats up as Emaar buys Namshi stake

A logo of Emaar is seen near the Dubai Mall March 16, 2014. REUTERS/Ahmed Jadallah Emaar Malls will buy a 51 percent stake in e-commerce fashion website Namshi from Global Fashion Group, a firm backed by Rocket Internet, for $151 million, a sign of growing dem... More »

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Google AI beats Chinese master in ancient game of Go

Chinese Go player Ke Jie puts a stone against Google’s artificial intelligence program AlphaGo during their first match at the Future of Go Summit in Wuzhen, Zhejiang province, China May 23, 2017. REUTERS/Stringer A Google artificial intelligence program defea... More »

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High-profile Snap stakeholders revealed in filings

Hedge fund manager Daniel Loeb speaks during a Reuters Newsmaker event in Manhattan, New York, U.S., September 21, 2016. REUTERS/Andrew Kelly Some of the biggest U.S. mutual and hedge funds, including Daniel Loeb’s Third Point and Daniel Och’s Och-Ziff Capital... More »

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Snap shares plummet as investors mark down first earnings report

Traders gather at the post where Snap Inc. is traded on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 6, 2017. REUTERS/Brendan McDermid Snap Inc shares plunged on Wednesday after the owner of Snapchat reported slowing user growth and... More »

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China`s tech money heads for Israel as U.S. welcome wanes

FILE PHOTO: Logos of Tencent are displayed at a news conference in Hong Kong, China March 22, 2017. REUTERS/Tyrone Siu/File Photo Struggling to seal deals in the United States as regulatory scrutiny tightens, Chinese companies looking to invest in promising te... More »

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Vietnam says Facebook commits to preventing offensive content

FILE PHOTO: The Facebook logo is displayed on the company’s website in an illustration photo taken in Bordeaux, France, February 1, 2017. REUTERS/Regis Duvignau/File Photo Vietnam’s government said Facebook has committed to work with it to prevent content that... More »

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Instagram ban of Imogen Cunningham nude photos stuns Boston museum

Visitors look at the exhibit ‘Imogen Cunningham: In Focus’ at the Museum of Fine Arts, Boston, in Boston, Massachusetts, U.S., April 26, 2017. REUTERS/Brian Snyder Social media company Instagram pulled photos by U.S. photographer Imogen Cunningham promoting an... More »

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Tesla’s big Model 3 bet rides on risky assembly line strategy

Tesla Motors’ mass-market Model 3 electric cars are seen in this handout picture from Tesla Motors on March 31, 2016. Tesla Motors/Handout via Reuters/File Photo Tesla Inc (TSLA.O) Chief Executive Elon Musk took many risks with the technology in his company’s ... More »

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Apple self-driving car testing plan gives clues to tech program

An Apple logo is seen in a store in Los Angeles, California, U.S., March 24, 2017. REUTERS/Lucy Nicholson – RTX32LL4 Apple Inc outlined a plan to train operators of self-driving cars in documents submitted to California regulators earlier this month, the lates... More »

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Indian techies, IT firms fret as Trump orders U.S. visa review

FILE PHOTO: Employees of Tata Consultancy Services (TCS) work inside the company headquarters in Mumbai, India, March 14, 2013. REUTERS/Danish Siddiqui/File Photo For Grishma, an Indian software designer, President Donald Trump’s review of the visa programme f... More »

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IDG Capital to deploy more resources in firms, eyes tech assets

Hugo Shong, IDG Capital Global Chairman, at IDG headquarters in Beijing, China, August 21, 2015. REUTERS/Stringer IDG Capital, a private equity and venture capital firm, will deploy greater resources and time in companies as they grow, in contrast to some quic... More »

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EBay`s second-quarter profit forecast falls short of estimates

An eBay sign is seen at an office building in San Jose, California May 28, 2014. REUTERS/Beck Diefenbach/File Photo EBay Inc (EBAY.O) on Wednesday forecast second-quarter profit that fell short of analysts’ estimates, as it spends heavily on revamping and mark... More »

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Bose headphones spy on listeners: lawsuit

Bose wireless headphones are pictured in Encinitas, California, United States in this April 19, 2017 photo illustration. REUTERS/Mike Blake Bose Corp spies on its wireless headphone customers by using an app that tracks the music, podcasts and other audio they... More »

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Tesla settles lawsuit with former head of its Autopilot system

A Tesla car charges at a charging station in Beijing, China, April 18, 2017. REUTERS/Thomas Peter Tesla Inc and the former head of its Autopilot program have settled a lawsuit brought by the electric vehicle maker in January, the parties said on Wednesday, in ... More »

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Facebook gives peek inside unit studying brain-to-text technology

Regina Dugan, vice president of engineering of Building 8 at Facebook, speaks on stage during the second day of the annual Facebook F8 developers conference in San Jose, California, U.S., April 19, 2017. REUTERS/Stephen Lam Facebook Inc on Wednesday pulled asi... More »

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Facebook cracks down on 30,000 fake accounts in France

Facebook logo is seen on a wall at a start-up companies gathering at Paris’ Station F in Paris, France, January 17, 2017. REUTERS/Philippe Wojazer Facebook Inc said on Thursday it suspended 30,000 accounts in France as the social network giant steps up efforts... More »

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Netflix scorecard to test mettle of tech rally

The longevity of the technology stocks rally is on the line next week as Netflix Inc (NFLX.O) kicks off the earnings season for a sector that has mushroomed to account for more than a fifth of the U.S. stock market’s value. More »

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Canada judge denies bail for man U.S. wants over Yahoo hack

The John Sopinka Courthouse, where Karim Baratov appeared in front of a judge, in connection with a U.S. Justice Department investigation into the 2014 hacking of Yahoo, is pictured in Hamilton, Ontario, Canada March 15, 2017 . REUTERS/Peter Power A Canadian j... More »

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Yahoo`s EU regulator to complete email investigation within weeks

A man walks past a Yahoo logo during the Mobile World Congress in Barcelona, Spain, February 24, 2016. REUTERS/Albert Gea/File Photo/File Photo Yahoo’s European regulator said it is preparing to give the U.S. Internet company the results of an investigation in... 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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Brazil`s president would veto parts of bill to regulate Uber

Brazil’s President Michel Temer listens to questions from the media during LAAD, the biggest military industry expo in Latin America in Rio de Janeiro, Brazil, April 4, 2017. REUTERS/Pilar Olivares Brazil’s President Michel Temer would veto clauses of a bill t... More »

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U.S. judge warns Uber in Waymo self-driving car case

FILE PHOTO: A man arrives at the Uber offices in Queens, New York, U.S., February 2, 2017. REUTERS/Brendan McDermid/File Photo A U.S. judge on Wednesday warned Uber Technologies Inc it could face a court injunction that would bar a key Uber executive from work... More »

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Infosys founder Murthy criticizes COO`s pay hike

Narayana Murthy, founder of Infosys Limited, speaks during a dialogue session at the Asian Financial Forum in Hong Kong January 19, 2015. REUTERS/Bobby Yip The dispute between the founders and the board of India’s second largest software services company Infos... More »

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In self-driving car race, winners get all the way around track

Sensors are seen mounted to a self-driving Audi during a self-racing cars event in Willows, California, U.S., April 1, 2017. REUTERS/Stephen Lam Nine self-driving cars did not quite zoom around a 2-mile (3.2-km) course in Northern California over the weekend i... More »

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Apple, Amazon, Google join bidding for Toshiba chip unit: media

The logo of Toshiba is seen as shareholders arrive at Toshiba’s extraordinary shareholders meeting in Chiba, Japan March 30, 2017. REUTERS/Toru Hanai TPX IMAGES OF THE DAY Apple Inc (AAPL.O), Amazon.com Inc (AMZN.O) and Google have joined bidding for Toshiba’s... More »

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BlackBerry`s profit beats expectations on software push

A Blackberry logo hangs behind a Canadian flag at their offices on the day of their annual general meeting for shareholders in Waterloo, Canada June 23, 2015. REUTERS/Mark Blinch/File Photo BlackBerry Ltd reported better-than-expected adjusted earnings for the... More »