CAPE CANAVERAL, Fla. (Reuters) – SpaceX, the private rocket company of high-tech entrepreneur Elon Musk, launched the first batch of 60 small satellites into low-Earth orbit on Thursday for Musk’s new Starlink internet service. A Falcon 9 rocket carrying the s... More »
LONDON (Reuters) – Huawei put uncertainty over the future of its devices business to one side on Tuesday with the launch of new Honor smartphones, in a confident display of the Chinese firm’s technology. The world’s second-biggest phone maker runs its devices ... 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 »
NEW YORK (Reuters) – Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on S... More »
(Corrects title in 17th paragraph of this May 17 story to say “Chief Financial Officer” Meng Wanzhou, not “Chief Executive Officer”.) By Karen Freifeld (Reuters) – The U.S. Commerce Department said on Friday it may soon scale back restrictions on Huawei Techno... More »
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos. The size of the investment ... More »
CHYNOVSKA JESKYNE, Czech Republic (Reuters) – Czech speleologists have come up with a way to explore flooded cave systems without strapping on scuba gear, wet suits, helmets and water-proof lamps: 3D mapping. The new tool was developed by Geo-CZ, a company tha... More »
(Reuters) – Uber Technologies Inc’s conservative initial public offering could not keep its shares from sinking in their trading debut on Friday, fueling debate on Wall Street over whether the outcome of the most anticipated listing since Facebook Inc would we... More »
HYDERABAD, India/SAN FRANCISCO (Reuters) – Over the past year, a team of as many as 260 contract workers in Hyderabad, India has ploughed through millions of Facebook Inc photos, status updates and other content posted since 2014. The workers categorize items ... More »
HYDERABAD, India/SAN FRANCISCO (Reuters) – Facebook Inc has thousands of content labelers around the world who categorize content with the aim of creating large datasets that can be more readily analyzed by humans and software. One project at outsourcing vendo... More »
(Reuters) – Wealth management clients are increasingly willing to pay for financial advice as their needs evolve, choosing an average of five providers, with one-third switching managers in the past three years, global wealth consultant EY said on Tuesday. The... More »
ADDIS ABABA (Reuters) – The preliminary report on the March 10 Ethiopian Airlines crash will very likely be released this week, Ethiopia’s transport ministry spokesman told Reuters on Tuesday. “It will very, very likely be released this week but there could be... More »
SEATTLE/LONDON (Reuters) – A Boeing Co software fix for the grounded 737 MAX will prevent repeated operation of an anti-stall system at the center of safety concerns and deactivate it altogether if two sensors disagree widely, two people familiar with pilot br... More »
SAN FRANCISCO/LOS ANGELES (Reuters) – Apple Inc is expected to finally lift the curtain on Monday on a secretive, years-long effort to build a television and movie offering designed to compete with big media companies and boost digital services revenue as iPho... More »
LONDON (Reuters) – Mike Lynch, once hailed as Britain’s answer to Bill Gates, faces Hewlett-Packard (HP) in London’s High Court on Monday in a multi-billion dollar showdown over the U.S. technology company’s 2011 purchase of the Autonomy software business he f... More »
(Reuters) – U.S. prosecutors on Friday added three new criminal charges to their indictment against British entrepreneur Mike Lynch related to the $11.1 billion sale of his software company Autonomy to Hewlett-Packard in 2011. Lynch faces a new charge of secur... More »
(Reuters) – Apple Inc is expected to unveil a new video streaming service and a news subscription platform at an event on Monday at its California headquarters. The iPhone maker is banking on growing its services business to offset a dip in smartphone sales. W... More »
(Reuters) – Ride-hailing platform Lyft Inc will launch the investor road show for its initial public offering on Monday, seeking to raise as much as $2 billion and to be valued at more than $20 billion, according to people familiar with the matter. Lyft will b... More »
LONDON (Reuters) – Social media platforms must be able to react more quickly and stop the broadcast of live events, the leader of Britain’s opposition Labour Party said on Sunday, after a gunman in New Zealand broadcast a shooting rampage last week. A gunman b... More »
(Reuters) – The Apple Watch was able to detect irregular heart pulse rates that could signal the need for further monitoring for a serious heart rhythm problem, according to data from a large study funded by Apple Inc (AAPL.O), demonstrating a potential future... More »
(Reuters) – Apple Inc on Thursday responded to Spotify Technology SA’s complaint with EU antitrust regulators, saying the audio streaming service “wants all the benefits of a free app without being free”. Spotify, launched a year after Apple unveiled its first... More »
NEW YORK (Reuters) – JPMorgan Chase & Co said on Monday it is combining its middle-market technology and emerging growth commercial banking teams to better position the bank to handle start-ups that rapidly grow to be big companies. The technology and disrupti... More »
BEIJING (Reuters) – Chinese dockless bike-sharing company Mobike said on Monday it will pull out of some Asian countries and re-evaluate its units in other overseas markets amid a wide-scale contraction in the market and the bankruptcy of top competitor Ofo. T... More »
NEW YORK (Reuters) – Senator Elizabeth Warren vowed on Friday to break up Amazon, Google and Facebook if elected U.S. president to promote competition in the technology sector. Seeking to stand out in a crowded field vying to be the Democratic candidate for pr... 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 »
ZURICH (Reuters) – Swisscom, Sunrise and Salt have paid a relatively modest 380 million Swiss francs ($379 million) for fifth-generation wireless frequencies that will tighten their grip on the Swiss mobile market. The three were able to secure an attractively... 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 »
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 »
(Reuters) – Facebook Inc Chief Executive Mark Zuckerberg is planning to unify the underlying messaging infrastructure of the WhatsApp, Instagram and Facebook Messenger services and incorporate end-to-end encryption into these apps, the New York Times reported ... 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 »
(Reuters) – Netflix Inc (NFLX.O) forecast first-quarter revenue slightly below Wall Street estimates on Thursday, even after a record quarter for new customers, sending shares of the world’s largest streaming service down 4 percent in after-hours trading. Inve... More »
LAS VEGAS (Reuters) – As vehicles get smarter, your car will be keeping eyes on you. This week at CES, the international consumer electronics show in Las Vegas, a host of startup companies will demonstrate to global automakers how the sensor technology that wa... More »
WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV (FCHA.MI) is nearing a settlement to resolve the U.S. Justice Department’s allegations that the Italian-American automaker used illegal software to allow 104,000 U.S. diesel vehicles to pollute beyond legal l... 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 »
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 »
(Reuters) – Minnesota prosecutors will not charge the billionaire chief executive officer of China’s JD.com Inc, Richard Liu, after he was accused of rape by a University of Minnesota student during a recent U.S. visit, authorities said on Friday. Hennepin Cou... More »
BOSTON (Reuters) – Hedge fund Latimer Light Capital, which specialized in picking stocks, is closing its doors, becoming the latest casualty in an industry pummeled by the recent stock market sell-off. New York-based Latimer Light told investors it plans to sh... More »
NEW YORK (Reuters) – A bear market in the so-called FAANG stocks – Wall Street’s most popular trade going into the year – is pushing fund managers into searching for the next big growth companies that can lead the overall market higher. Shares of Facebook Inc ... More »
(This corrects paragraph 7 of December 20 story to say Zynga acquired a unit of Peak Games, and not the entire company. The error also appeared in an earlier version) By Vibhuti Sharma and Liana B. Baker (Reuters) – U.S. game software firm Zynga Inc (ZNGA.O) s... 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 »
(Reuters) – Comedian Kevin Hart stepped down on Thursday from hosting the 2019 Oscar ceremony after “insensitive words” about gays he tweeted in the past resurfaced online. The 39-year-old comedian and “Ride Along” actor had announced on Tuesday that he would ... 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 »
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 »
LONDON (Reuters) – Furhat tilts his or her head, smiles, exudes empathy and warmth, and encourages us to open up. The robot, a three-dimensional bust with a projection of a human-like face, aims to build on our new-found ease talking to voice assistants like S... More »
LONDON (Reuters) – Tech firms like Facebook (FB.O) should be made liable for “harmful and misleading” material on their websites and pay a levy so they can be regulated, British lawmakers said, warning of a crisis in democracy due to misuse of personal data. F... More »
(Reuters) – French IT services company Atos (ATOS.PA) is boosting its North American operations with a $3.4 billion cash deal to buy Michigan-based IT services provider Syntel Inc (SYNT.O). Atos’ shares traded 7 percent lower by 1020 GMT on Monday on disappoin... More »
TEL AVIV (Reuters) – Online payment company PayU, a subsidiary of Naspers (NPNJn.J), said on Monday it agreed to acquire Israeli payment technology provider Zooz to support its expansion in high-growth markets. PayU’s statement, which confirmed an earlier repo... 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 »
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 »
MUMBAI (Reuters) – Facebook Inc’s WhatsApp messaging platform on Tuesday published advertisements in key Indian newspapers to tackle the spread of misinformation, its first such effort to combat a flurry of fake messages that prompted mob lynchings. Beatings a... More »
(Reuters) – Bike sharing service Lime said on Monday it raised $335 million from a group of investors including ride-sharing firm Uber Technologies Inc and Alphabet Inc (GOOGL.O). Uber will work with Lime as a strategic partner in the electric scooter space wi... More »
(Reuters) – Four senior U.S. House Republicans sent letters on Monday to the chief executives of Apple Inc (AAPL.O) and Google parent Alphabet Inc (GOOGL.O) asking questions about location data and mobile phone privacy practices and the handling of customer da... More »
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 »
LONDON (Reuters) – Facebook continues to be evasive in its answers to a British parliamentary committee examining a scandal over misuse of the social media company’s data by Cambridge Analytica, the committee’s chair said on Friday. Britain’s digital and media... More »
(Reuters) – For decades, independent record labels have dreamed that if only they had the massive budgets to get their artists in front of music fans, the fans would love the music – and maybe even choose it over offerings from major record labels. Now, with s... More »
PARIS (Reuters) – When the founder of France’s Qwant search engine went to his local tax office to catch up on business, an agent there had to look up the firm using U.S. rival Google. When she did, Qwant’s home page was blocked – by the government tax office’... More »
LONDON (Reuters) – John McEnroe, known for his on-court outbursts, would be in his element at next month’s Wimbledon tennis tournament, where every fist-pump of elation and cry of angst will be analyzed by artificial intelligence to compile video highlights. T... More »
(Reuters) – Cybersecurity firm Palo Alto Networks Inc said on Friday it named former SoftBank Group Corp president Nikesh Arora as chief executive officer and chairman. Arora, 50, succeeds Mark McLaughlin, who has led the company for nearly seven years and has... More »
HONG KONG (Reuters) – Tencent Holdings chairman pledged to advance China’s semiconductor industry, saying the blow to ZTE Corp from Washington’s ban on U.S. firms supplying telecommunications company was a “wake-up” call, local media reported. China’s No.2 tel... More »
(This May 25 story corrects first name of Capital Markets Authority CEO to Paul, not Peter, paragraph 29) By Maggie Fick and Omar Mohammed NAIROBI (Reuters) – Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile m... More »
FRANKFURT (Reuters) – Deutsche Boerse, the German stock exchange operator, is planning a major shakeup of the composition of three key indexes later this year that affects technology stocks. Technology shares will now be included in the midcap index MDAX and t... More »
SYDNEY (Reuters) – Google is under investigation in Australia following claims that it collects data from millions of Android smartphones users, who unwittingly pay their telecom service providers for gigabytes consumed during the harvesting, regulators said o... More »
MEXICO CITY (Reuters) – Thieves siphoned hundreds of millions of pesos out of Mexican banks, including No. 2 Banorte, by creating phantom orders that wired funds to bogus accounts and promptly withdrew the money, two sources close to the government’s investiga... More »
(Reuters) – Symantec Corp (SYMC.O) on Monday said it did not expect an internal accounting probe that it disclosed last week to have a material impact on its past financial statements, helping allay investor concerns. The Norton anti-virus maker also provided ... More »
SAN FRANCISCO (Reuters) – Uber Technologies Inc’s growth has slowed as a series of scandals has allowed the ride-hailing company’s chief U.S. competitor, Lyft Inc, to grab more market share, digital research firm eMarketer said in a report on Monday. The resea... More »
WASHINGTON (Reuters) – AT&T told a federal judge late Thursday it should reject any request by the U.S. Justice Department to force it to divest its DirecTV unit or Turner networks as part of approving its proposed $85.4 billion acquisition of Time Warner Inc.... More »
(Reuters) – Twitter Inc urged its more than 330 million users to change their passwords after a glitch caused some to be stored in readable text on its internal computer system rather than disguised by a process known as “hashing”. The social network disclosed... More »
JAKARTA (Reuters) – Indonesia, like other emerging markets, has historically struggled to keep accurate records due to a lack of expertise and resources, but the public and private sectors are now looking at blockchain technology to overcome some of these chal... More »
NEW YORK (Reuters) – American artist Barnaby Furnas has turned to a custom-made robot to help him with paintings that can sell for more than $100,000 at New York galleries. Furnas and several artists are using digital printing robots that use techniques in pai... More »
WASHINGTON (Reuters) – Lawyers for the U.S. Justice Department and AT&T (T.N) will give closing arguments on Monday in a trial to determine if the wireless giant, owner of pay TV provider DirecTV, will be allowed to buy movie and TV show maker Time Warner (TWX... More »
(Reuters) – China’s Baidu Inc said it will sell a majority stake in its financial services business for about $1.9 billion to a consortium led by TPG Capital Management LP [TPG.UL] and Carlyle Group LP, as it seeks funding to take on established fintech firms ... More »
STOCKHOLM (Reuters) – Swedish pop icons ABBA will release their first new music for 35 years with two new songs set for broadcast in December, the quartet said on Friday. ABBA is one of the most commercially successful music groups in history with more than 37... More »
(Reuters) – Amazon.com Inc (AMZN.O) more than doubled its profit on Thursday and predicted strong spring results as the world’s biggest online retailer raised the price for U.S. Prime subscribers, added U.S. football games and touted its cloud services for bus... More »
(Reuters) – Amazon.com Inc agreed to pay the National Football League about $65 million per year to stream two more seasons of Thursday night games on its Prime Video service, a person familiar with the matter told Reuters. The price tag, about 30 percent more... More »
(Reuters) – Intel Corp (INTC.O) beat earnings expectations for the first quarter and raised its full-year revenue and profit forecasts on Thursday, driven by the biggest-ever quarterly jump in its data center business and small-but-steady growth in its persona... More »
(Reuters) – British pubs group JD Wetherspoon closed all its social media accounts on Monday, saying it was taking a stand against an industry accused of misusing personal data and allowing bullying to run rife. Despite a global furor over the harvesting of pe... More »
NEW DELHI (Reuters) – Online search giant Google has filed an appeal at the National Company Law Appellate Tribunal against an order from India’s competition watchdog that found it guilty of “search bias” and abuse of its dominant position, two sources aware o... More »
(Reuters) – Facebook Inc (FB.O) has often angered users by its handling of personal information. Almost as often, Chief Executive Mark Zuckerberg has apologized. He did so again on Monday in written testimony to U.S. Congress, and will likely repeat that on Tu... More »
NEW YORK (Reuters) – New York State’s highest court on Thursday rejected Lindsay Lohan’s appeal accusing the maker of “Grand Theft Auto V” of invading her privacy, concluding that video game characters that the actress said were based on her did not resemble h... More »
A man looks at the screen of his mobile phone in front of an Apple logo outside its store in Shanghai, China July 30, 2017. REUTERS/Aly Song SAN FRANCISCO/BEIJING (Reuters) – When Apple Inc begins hosting Chinese users’ iCloud accounts in a new Chinese data ce... More »
FILE PHOTO: A sign of Alibaba Group is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China, December 3, 2017. REUTERS/Aly Song/File Photo PYEONGCHANG, South Korea (Reuters) – The Olympic movement’s new Chinese global sponsor, e... More »
FILE PHOTO: Labourers work behind an advertisement of Reliance Industries Limited at a construction site in Mumbai, India, March 2, 2016. REUTERS/Shailesh Andrade/File Photo MUMBAI (Reuters) – India’s Reliance Industries Ltd and global technology companies wil... More »
FILE PHOTO: A picture illustration shows a Facebook logo reflected in a person’s eye, in Zenica, March 13, 2015. REUTERS/Dado Ruvic/Illustration/File Photo SAN FRANCISCO/WASHINGTON (Reuters) – The Russian influence operation designed to tamper with the 2016 U.... More »
FILE PHOTO: A photo illustration shows the Uber app on a mobile telephone, as it is held up for a posed photograph in central London, Britain September 22, 2017. REUTERS/Toby Melville/File Photo LONDON (Reuters) – Taxi service Uber [UBER.L], battling to retain... More »
FILE PHOTO: The logo of India’s largest e-commerce firm Flipkart is seen on the facade of the company’s headquarters in Bengaluru, India July 7, 2017. REUTERS/Abhishek N. Chinnappa/File Photo MUMBAI (Reuters) – Walmart Inc (WMT.N) is in talks to buy a stake of... More »
FILE PHOTO: The SpaceX Falcon 9 rocket, with the Dragon spacecraft onboard, launches from pad 39A at NASA’s Kennedy Space Center in Cape Canaveral, Florida, U.S., June 3, 2017. NASA/Bill Ingalls/Handout/Files via REUTERS WASHINGTON (Reuters) – Elon Musk’s Spac... More »
SHANGHAI (Reuters) – A woman in southern China accompanied her purse through a train station’s luggage x-ray machine rather than part with the bag amid the Lunar New Year holiday rush, Chinese media reported. Video from the digital news platform Pear Video, li... More »
FILE PHOTO: Amazon boxes are seen stacked for delivery in Manhattan, New York, U.S., January 29, 2016. REUTERS/Mike Segar/File Photo SAN FRANCISCO (Reuters) – Amazon.com Inc (AMZN.O) paid about $90 million to acquire the maker of Blink home security cameras la... More »
A Go-Jek driver rides a motorcycle on a street in Jakarta, Indonesia, December 15, 2017. REUTERS/Beawiharta JAKARTA (Reuters) – Indonesian conglomerate Astra International said on Monday it will invest $150 million in Go-Jek, joining the likes of Alphabet Inc’... More »
Customers enter the Apple store on 5th Avenue beneath an Apple logo in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar NEW YORK (Reuters) – Apple Music is on track to overtake Spotify by number of U.S. subscribers, the Wall Street Jou... More »
FILE PHOTO: A Dell gaming computer is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S. June 13, 2017. REUTERS/ Mike Blake/File Photo (Reuters) – U.S. computer maker Dell Technologies Inc and business software provider VMware ... More »
Employees arrange tomatoes before weighing them at a Big Basket warehouse on the outskirts of Mumbai November 4, 2014. REUTERS/Danish Siddiqui MUMBAI (Reuters) – A unit of China’s Alibaba has invested $146 million in Indian online grocer BigBasket, strengtheni... More »
FILE PHOTO: An Apple Store staff shows Apple’s new iPhones X after they go on sale at the Apple Store in Regents Street, London, Britain, November 3, 2017. REUTERS/Peter Nicholls/File Photo (Reuters) – In its quarterly earnings report on Thursday, Apple Inc ga... More »
Sony Corp’s logo is seen at its news conference in Tokyo, Japan November 1, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Japan’s Sony Corp on Friday reported a nearly four-fold jump in third-quarter operating profit on growing demand for its image sensors, a... More »
FILE PHOTO: A man types on a computer keyboard in front of the displayed cyber code in this illustration picture taken on March 1, 2017. REUTERS/Kacper Pempel/Illustration/File Photo (Reuters) – Diebold Nixdorf Inc and NCR Corp, two of the world’s largest ATM ... More »
A logo of Fujitsu Ltd. is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced Technologies) at the Makuhari Messe in Chiba, Japan, October 2, 2017. REUTERS/Toru Hanai (Reuters) – Japan’s Fujitsu Ltd said on Friday it was in talks about selling i... More »
