Technology News
Technology News coverage from Reuters.
Google has added a section to its twice-yearly transparency report to show who buys U.S. election ads on its platform and how much money is spent on political advertising, the search engine giant said on Wednesday.
The U.S. Securities and Exchange Commission has sent subpoenas to Tesla Inc regarding Chief Executive Elon Musk's plan to take the company private and his statement that funding was "secured," Fox Business Network reported on Wednesday, citing sources.
Uber Technologies Inc said on Wednesday it narrowed its quarterly losses from a year earlier, although the ride-hailing company is still a long way from proving it can be profitable as it gears up to go public in 2019.
Cisco Systems Inc <CSCO.O> topped Wall Street targets for quarterly revenue and profit and forecast first-quarter sales above estimates on Wednesday, as the network gear maker's transition to a software-focused company gains traction.
Twitter Inc has banned U.S. conspiracy theorist Alex Jones and his website Infowars from tweeting for seven days, saying their tweets violated company's rules against abusive behavior.
Brazil's antitrust watchdog Cade is considering opening an investigation into Google over alleged abuses in its cell phone operating system, the president of the agency said in an interview published on Wednesday in newspaper Valor Economico.
HSN, once known as the Home Shopping Network, is getting an image makeover.
U.S. entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T <T.N>, accusing it of fraud and gross negligence in connection with the theft of digital currency tokens from his personal account.
Shares of Asian video game companies such as Tencent Holdings <0700.HK>, Nexon <3659.T> and Nintendo <7974.T> tumbled on Wednesday due to concerns over delays in new games releases in China, as Beijing halted approvals for game licenses.
Elon Musk told investors this week that "obviously, the Saudi sovereign fund has more than enough capital needed" to finance taking Tesla private.
Chinese technology giant Tencent Holdings Ltd has "no clarity" on when it may get approval to start charging for its most popular game, it said on Wednesday, after reporting its first quarterly profit fall in nearly 13 years on weak gaming revenue.
Investors have told Uber Technologies Inc [UBER.UL] it would be wise to sell off its self-driving car unit after it racked up losses of $125 million to $200 million each quarter for the past 18 months, tech news site The Information reported on Wednesday, citing an unnamed person familiar with the issue.
(This August 14 story was corrected to say "private" instaed of "public" in paragraph 14)
Chinese state-sponsored hackers may be targeting companies and state agencies in Malaysia as it looks to review several major projects linked to China's Belt and Road Initiative, cyber security firm FireEye Inc. <FEYE.O> said on Wednesday.
The Israeli government said on Wednesday it is investing 90 million shekels ($24 million) to shore up the country's cyber security industry as a global leader.
U.S. startup incubator Y Combinator said it is establishing a China unit, its first dedicated overseas office, which will be headed by Baidu Inc's former chief operating officer Qi Lu.
Soros Fund Management LLC added Facebook Inc, Apple Inc and Twitter Inc, but trimmed stakes in Alphabet Inc and Amazon.com Inc in the quarter through June, according to a regulatory filing on Tuesday.
Tesla Inc's board has named a special committee of three directors to negotiate with Chief Executive Elon Musk on taking the electric car maker private, although it said it was yet to see a firm offer from him.
Two major Tesla Inc shareholders cut their stakes in the electric automaker during the second quarter, before Chief Executive Elon Musk announced he would try to take the company private earlier this month.
Warren Buffett's Berkshire Hathaway Inc <BRKa.N> boosted its investments in Goldman Sachs Group Inc <GS.N> and Israel's Teva Pharmaceutical Industries Ltd <TEVA.TA> during the second quarter and confirmed it has expanded its already huge bet on iPhone maker Apple Inc <AAPL.O>.
Google has added a section to its twice-yearly transparency report to show who buys U.S. election ads on its platform and how much money is spent on political advertising, the search engine giant said on Wednesday.
The U.S. Securities and Exchange Commission has sent subpoenas to Tesla Inc regarding Chief Executive Elon Musk's plan to take the company private and his statement that funding was "secured," Fox Business Network reported on Wednesday, citing sources.
Uber Technologies Inc said on Wednesday it narrowed its quarterly losses from a year earlier, although the ride-hailing company is still a long way from proving it can be profitable as it gears up to go public in 2019.
Cisco Systems Inc <CSCO.O> topped Wall Street targets for quarterly revenue and profit and forecast first-quarter sales above estimates on Wednesday, as the network gear maker's transition to a software-focused company gains traction.
Twitter Inc has banned U.S. conspiracy theorist Alex Jones and his website Infowars from tweeting for seven days, saying their tweets violated company's rules against abusive behavior.
Brazil's antitrust watchdog Cade is considering opening an investigation into Google over alleged abuses in its cell phone operating system, the president of the agency said in an interview published on Wednesday in newspaper Valor Economico.
HSN, once known as the Home Shopping Network, is getting an image makeover.
U.S. entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T <T.N>, accusing it of fraud and gross negligence in connection with the theft of digital currency tokens from his personal account.
Shares of Asian video game companies such as Tencent Holdings <0700.HK>, Nexon <3659.T> and Nintendo <7974.T> tumbled on Wednesday due to concerns over delays in new games releases in China, as Beijing halted approvals for game licenses.
Elon Musk told investors this week that "obviously, the Saudi sovereign fund has more than enough capital needed" to finance taking Tesla private.
Chinese technology giant Tencent Holdings Ltd has "no clarity" on when it may get approval to start charging for its most popular game, it said on Wednesday, after reporting its first quarterly profit fall in nearly 13 years on weak gaming revenue.
Investors have told Uber Technologies Inc [UBER.UL] it would be wise to sell off its self-driving car unit after it racked up losses of $125 million to $200 million each quarter for the past 18 months, tech news site The Information reported on Wednesday, citing an unnamed person familiar with the issue.
(This August 14 story was corrected to say "private" instaed of "public" in paragraph 14)
Chinese state-sponsored hackers may be targeting companies and state agencies in Malaysia as it looks to review several major projects linked to China's Belt and Road Initiative, cyber security firm FireEye Inc. <FEYE.O> said on Wednesday.
The Israeli government said on Wednesday it is investing 90 million shekels ($24 million) to shore up the country's cyber security industry as a global leader.
U.S. startup incubator Y Combinator said it is establishing a China unit, its first dedicated overseas office, which will be headed by Baidu Inc's former chief operating officer Qi Lu.
Soros Fund Management LLC added Facebook Inc, Apple Inc and Twitter Inc, but trimmed stakes in Alphabet Inc and Amazon.com Inc in the quarter through June, according to a regulatory filing on Tuesday.
Tesla Inc's board has named a special committee of three directors to negotiate with Chief Executive Elon Musk on taking the electric car maker private, although it said it was yet to see a firm offer from him.
Two major Tesla Inc shareholders cut their stakes in the electric automaker during the second quarter, before Chief Executive Elon Musk announced he would try to take the company private earlier this month.
Warren Buffett's Berkshire Hathaway Inc <BRKa.N> boosted its investments in Goldman Sachs Group Inc <GS.N> and Israel's Teva Pharmaceutical Industries Ltd <TEVA.TA> during the second quarter and confirmed it has expanded its already huge bet on iPhone maker Apple Inc <AAPL.O>.
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