Technology News

Technology News coverage from Reuters.

Business News5 minutes ago

FILE PHOTO: The logo of Uber is pictured during the presentation of their new security measures in Mexico City, Mexico April 10, 2018. REUTERS/Ginnette Riquelme/File Photo

Uber cut its losses almost in half and its ride bookings jumped 51 percent since one year ago, the Silicon Valley ride-services firm said on Wednesday, showing that months of scandal and retreating from overseas markets have not slowed its business.

Technology News2 hours ago

Facebook's CEO Mark Zuckerberg leaves after a meeting with French President at the Elysee Palace in Paris, France, May 23, 2018. REUTERS/Christian Hartmann

Facebook is unlikely to compensate the 2.7 million European users whose data was improperly shared with political consultancy Cambridge Analytica because sensitive bank account data had not been shared, the company said on Wednesday.

Business News2 hours ago

FILE PHOTO:   A Tesla dealership is seen in West Drayton, just outside London, Britain, February 7, 2018. REUTERS/Hannah McKay/File Photo

Negative news stories about Tesla Inc have hit "fever pitch", but the electric carmaker's stock price is likely to surge as output of its Model 3 sedan improves, according to an analyst research report.

Business News3 hours ago

FILE PHOTO: A self driving Volvo vehicle, purchased by Uber, sits in a parking lot in Phoenix, Arizona, U.S., December 1, 2017.    REUTERS/Natalie Behring/File Photo

Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday.

Cyber Risk6 hours ago

Power lines are seen near the Trypillian thermal power plant in Kiev region, Ukraine November 23, 2017. REUTERS/Valentyn Ogirenko

Hackers have infected at least 500,000 routers and storage devices in dozens of countries, some of the world's biggest cyber security firms warned on Wednesday, in a campaign that Ukraine said was preparation for a future Russian cyber attack.

Business News10 hours ago

FILE PHOTO:    A Tesla Model 3 is seen in a showroom in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson/File Photo

Tesla Inc's Model 3 sedan recorded more registrations in California than its class rivals BMW 3-Series and Mercedes C-Class in the first quarter, according to a report by the California New Car Dealers Association (CNCDA). Model 3 registrations totaled 3,723, or 14.3 percent of the near-luxury segment, compared with 3,323 for the Mercedes variant and 3,260 for the BMW model, the CNCDA report said.

Business News2 hours ago

FILE PHOTO: French President Emmanuel Macron speaks during the presentation of the French government's plan for the country's most deprived areas, at the Elysee Palace in Paris, France, May 22, 2018.   Ludovic Marin/Pool via Reuters

French President Emmanuel Macron told executives from the world's biggest technology firms that he believed in innovation but that he wanted tougher regulations and for them to contribute more to society.

Technology News6 hours ago

Italy's communications regulator AGCOM said on Wednesday the government would auction frequencies for fifth-generation mobile services in September, in a move it expects to raise at least 2.5 billion euros ($2.9 billion) for state coffers.

Business News6 hours ago

FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection of Facebook logo in this picture illustration taken March 28, 2018.  REUTERS/Dado Ruvic/File Photo

Activists in Amsterdam on Wednesday launched the 'Datavakbond' or "data labor union", which hopes to elect leaders to negotiate directly with Facebook and Google over what they do with users' data.

Technology News16 hours ago

Signs accepting WeChat Pay and AliPay are displayed at a shop in Singapore May 22, 2018. Picture taken May 22, 2018. REUTERS/Edgar Su

Bui Mai Phuong is an avid online shopper, ordering anything from clothing to personal-care products from her smartphone. But she prefers to pay with cash.

Business News8 hours ago

FILE PHOTO:   A Tesla dealership is seen in West Drayton, just outside London, Britain, February 7, 2018. REUTERS/Hannah McKay/File Photo

Two U.S. consumer advocacy groups urged the Federal Trade Commission on Wednesday to investigate what they called Tesla Inc's "deceptive and misleading" use of the name Autopilot for its assisted-driving technology.

Business News8 hours ago

FILE PHOTO - Visitors pass in front of the Chinese telecoms equipment group ZTE Corp booth at the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Yves Herman/File Picture

U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp <000063.SZ> <0763.HK> and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company.

Business News8 hours ago

FILE PHOTO: U.S. Secretary of State Mike Pompeo testifies at a hearing of the U.S. House Foreign Affairs Committee on Capitol Hill in Washington, U.S., May 23, 2018. REUTERS/Leah Millis

No decision has been made by the Trump administration over removing a ban on Chinese telecoms firm ZTE Corp<000063.SZ>, U.S. Secretary of State Mike Pompeo said on Wednesday during congressional testimony.

Cyber Risk9 hours ago

A man attaches a banner with the logo of the UEFA Champions League final in central Kiev, Ukraine May 23, 2018. REUTERS/Valentyn Ogirenko

Ukraine's state security service (SBU) on Wednesday warned of a possible cyber attack on state bodies and private companies ahead of the Champions League soccer final in Kiev on Saturday.

Cyber Risk9 hours ago

An employee works at the Ukrainian Cyber Police headquarters in Kiev, Ukraine November 2, 2017.  REUTERS/Valentyn Ogirenko

Ukraine's cyber police said on Wednesday the agency was aware of a possible new threat, as Cisco Systems Inc <CSCO.O> warned about a suspected Russian plan to attack Ukraine using highly sophisticated malicious software.

Business News11 hours ago

FILE PHOTO: The logo of Uber is pictured during the presentation of their new security measures in Mexico City, Mexico April 10, 2018. REUTERS/Ginnette Riquelme/File Photo

Uber plans to offer all its European drivers an upgraded version of the health insurance it already provides in France in a drive to attract independent workers and fend off criticism over their treatment.

Business News11 hours ago

FILE PHOTO: A logo of IBM is seen at the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman

IBM <IBM.N> announced new recruitment in France before a meeting between President Emmanuel Macron and the bosses of IBM and Microsoft <MSFT.O>.

Technology News16 hours ago

FILE PHOTO: The logo Israeli driverless technology firm Mobileye is seen on the building of their offices in Jerusalem March 13, 2017. REUTERS/Ronen Zvulun/File Photo

Technology that has helped Israel's military drive tanks, guide and intercept missiles, and keep its computer systems secure is being redeployed in the development of driverless cars.

Technology News18 hours ago

FILE PHOTO: Visitors are seen at a Foxconn booth at the World Intelligence Congress in Tianjin, China May 19, 2018. REUTERS/Stringe

Foxconn Industrial Internet <601138.SS>, a subsidiary of the world's largest contract manufacturer Foxconn <2317.TW>, announced plans to raise up to 27.1 billion yuan ($4.26 billion) in what will be mainland China's biggest IPO in almost three years.

Business News20 hours ago

FILE PHOTO:  A ZTE smart phone is pictured in this illustration taken April 17, 2018.  REUTERS/Carlo Allegri/Illustration/File Photo

China's ZTE Corp is estimating losses of at least 20 billion yuan ($3.1 billion) due to Washington's ban on U.S. firms supplying the telecommunications firm, Bloomberg reported on Wednesday, citing unnamed sources.

Business News5 minutes ago

FILE PHOTO: The logo of Uber is pictured during the presentation of their new security measures in Mexico City, Mexico April 10, 2018. REUTERS/Ginnette Riquelme/File Photo

Uber cut its losses almost in half and its ride bookings jumped 51 percent since one year ago, the Silicon Valley ride-services firm said on Wednesday, showing that months of scandal and retreating from overseas markets have not slowed its business.

Technology News2 hours ago

Facebook's CEO Mark Zuckerberg leaves after a meeting with French President at the Elysee Palace in Paris, France, May 23, 2018. REUTERS/Christian Hartmann

Facebook is unlikely to compensate the 2.7 million European users whose data was improperly shared with political consultancy Cambridge Analytica because sensitive bank account data had not been shared, the company said on Wednesday.

Business News2 hours ago

FILE PHOTO:   A Tesla dealership is seen in West Drayton, just outside London, Britain, February 7, 2018. REUTERS/Hannah McKay/File Photo

Negative news stories about Tesla Inc have hit "fever pitch", but the electric carmaker's stock price is likely to surge as output of its Model 3 sedan improves, according to an analyst research report.

Business News3 hours ago

FILE PHOTO: A self driving Volvo vehicle, purchased by Uber, sits in a parking lot in Phoenix, Arizona, U.S., December 1, 2017.    REUTERS/Natalie Behring/File Photo

Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday.

Cyber Risk6 hours ago

Power lines are seen near the Trypillian thermal power plant in Kiev region, Ukraine November 23, 2017. REUTERS/Valentyn Ogirenko

Hackers have infected at least 500,000 routers and storage devices in dozens of countries, some of the world's biggest cyber security firms warned on Wednesday, in a campaign that Ukraine said was preparation for a future Russian cyber attack.

Business News10 hours ago

FILE PHOTO:    A Tesla Model 3 is seen in a showroom in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson/File Photo

Tesla Inc's Model 3 sedan recorded more registrations in California than its class rivals BMW 3-Series and Mercedes C-Class in the first quarter, according to a report by the California New Car Dealers Association (CNCDA). Model 3 registrations totaled 3,723, or 14.3 percent of the near-luxury segment, compared with 3,323 for the Mercedes variant and 3,260 for the BMW model, the CNCDA report said.

Business News2 hours ago

FILE PHOTO: French President Emmanuel Macron speaks during the presentation of the French government's plan for the country's most deprived areas, at the Elysee Palace in Paris, France, May 22, 2018.   Ludovic Marin/Pool via Reuters

French President Emmanuel Macron told executives from the world's biggest technology firms that he believed in innovation but that he wanted tougher regulations and for them to contribute more to society.

Technology News6 hours ago

Italy's communications regulator AGCOM said on Wednesday the government would auction frequencies for fifth-generation mobile services in September, in a move it expects to raise at least 2.5 billion euros ($2.9 billion) for state coffers.

Business News6 hours ago

FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection of Facebook logo in this picture illustration taken March 28, 2018.  REUTERS/Dado Ruvic/File Photo

Activists in Amsterdam on Wednesday launched the 'Datavakbond' or "data labor union", which hopes to elect leaders to negotiate directly with Facebook and Google over what they do with users' data.

Technology News16 hours ago

Signs accepting WeChat Pay and AliPay are displayed at a shop in Singapore May 22, 2018. Picture taken May 22, 2018. REUTERS/Edgar Su

Bui Mai Phuong is an avid online shopper, ordering anything from clothing to personal-care products from her smartphone. But she prefers to pay with cash.

Business News8 hours ago

FILE PHOTO:   A Tesla dealership is seen in West Drayton, just outside London, Britain, February 7, 2018. REUTERS/Hannah McKay/File Photo

Two U.S. consumer advocacy groups urged the Federal Trade Commission on Wednesday to investigate what they called Tesla Inc's "deceptive and misleading" use of the name Autopilot for its assisted-driving technology.

Business News8 hours ago

FILE PHOTO - Visitors pass in front of the Chinese telecoms equipment group ZTE Corp booth at the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Yves Herman/File Picture

U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp <000063.SZ> <0763.HK> and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company.

Business News8 hours ago

FILE PHOTO: U.S. Secretary of State Mike Pompeo testifies at a hearing of the U.S. House Foreign Affairs Committee on Capitol Hill in Washington, U.S., May 23, 2018. REUTERS/Leah Millis

No decision has been made by the Trump administration over removing a ban on Chinese telecoms firm ZTE Corp<000063.SZ>, U.S. Secretary of State Mike Pompeo said on Wednesday during congressional testimony.

Cyber Risk9 hours ago

A man attaches a banner with the logo of the UEFA Champions League final in central Kiev, Ukraine May 23, 2018. REUTERS/Valentyn Ogirenko

Ukraine's state security service (SBU) on Wednesday warned of a possible cyber attack on state bodies and private companies ahead of the Champions League soccer final in Kiev on Saturday.

Cyber Risk9 hours ago

An employee works at the Ukrainian Cyber Police headquarters in Kiev, Ukraine November 2, 2017.  REUTERS/Valentyn Ogirenko

Ukraine's cyber police said on Wednesday the agency was aware of a possible new threat, as Cisco Systems Inc <CSCO.O> warned about a suspected Russian plan to attack Ukraine using highly sophisticated malicious software.

Business News11 hours ago

FILE PHOTO: The logo of Uber is pictured during the presentation of their new security measures in Mexico City, Mexico April 10, 2018. REUTERS/Ginnette Riquelme/File Photo

Uber plans to offer all its European drivers an upgraded version of the health insurance it already provides in France in a drive to attract independent workers and fend off criticism over their treatment.

Business News11 hours ago

FILE PHOTO: A logo of IBM is seen at the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman

IBM <IBM.N> announced new recruitment in France before a meeting between President Emmanuel Macron and the bosses of IBM and Microsoft <MSFT.O>.

Technology News16 hours ago

FILE PHOTO: The logo Israeli driverless technology firm Mobileye is seen on the building of their offices in Jerusalem March 13, 2017. REUTERS/Ronen Zvulun/File Photo

Technology that has helped Israel's military drive tanks, guide and intercept missiles, and keep its computer systems secure is being redeployed in the development of driverless cars.

Technology News18 hours ago

FILE PHOTO: Visitors are seen at a Foxconn booth at the World Intelligence Congress in Tianjin, China May 19, 2018. REUTERS/Stringe

Foxconn Industrial Internet <601138.SS>, a subsidiary of the world's largest contract manufacturer Foxconn <2317.TW>, announced plans to raise up to 27.1 billion yuan ($4.26 billion) in what will be mainland China's biggest IPO in almost three years.

Business News20 hours ago

FILE PHOTO:  A ZTE smart phone is pictured in this illustration taken April 17, 2018.  REUTERS/Carlo Allegri/Illustration/File Photo

China's ZTE Corp is estimating losses of at least 20 billion yuan ($3.1 billion) due to Washington's ban on U.S. firms supplying the telecommunications firm, Bloomberg reported on Wednesday, citing unnamed sources.

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