Technology News

Technology News coverage from Reuters.

Fintech6 hours ago

A cryptocurrency mining computer equipped with high-end graphic cards is seen on display at a computer mall in Hong Kong, China January 29, 2018. Picture taken January 29, 2018.  REUTERS/Bobby Yip

Some of the biggest electronics bazaars in Asia are being flooded with customers looking for the latest piece of technology: cryptocurrency mining rigs.

Business News12 hours ago

FILE PHOTO: A sign on the Qualcomm campus is seen in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake/File Photo

U.S. semiconductor company Qualcomm Inc <QCOM.O> on Tuesday unveiled a sweetened $44 billion agreement to acquire NXP Semiconductors NV <NXPI.O>, its most defiant move in its defense against a hostile $121 billion bid from Broadcom Ltd <AVGO.O>.

Business News5 hours ago

FILE PHOTO: A man walks past an electric board showing exchange rates of various cryptocurrencies at Bithumb cryptocurrencies exchange in Seoul, South Korea, January 11, 2018.  REUTERS/Kim Hong-Ji/File Photo

A better deal for South Korea's cryptocurrency industry might be in the offing as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain technology.

Technology News7 hours ago

FILE PHOTO - Federal Communications Commission (FCC) hearing room is seen in Washington February 26, 2015. REUTERS/Yuri Gripas

The U.S. Federal Communications Commission is expected to publish on Thursday its December order overturning the landmark Obama-era net neutrality rules, two sources briefed on the matter said Tuesday.

Fintech8 minutes ago

FILE PHOTO: Journalists are seen next to Cryptocurrency exchange Coincheck's signboard while Japan's financial regulator conducts a spot inspection on Coincheck, in Tokyo, Japan February 2, 2018. REUTERS/Kim Kyung-Hoon/File Photo

A blunder at a Japanese cryptocurrency exchange let investors briefly buy bitcoins for free - though none were able to profit from the mistake.

Business News2 hours ago

FILE PHOTO: Boxes of iPhone X are pictured during its launch at the Apple store in Singapore, November 3, 2017. REUTERS/Edgar Su/File Photo

Apple Inc is in talks to buy long-term supplies of cobalt for iPhone batteries directly from miners, Bloomberg reported on Wednesday, citing sources.

Fintech4 hours ago

Venezuela's President Nicolas Maduro (C) speaks during the event launching the new Venezuelan cryptocurrency "Petro", next to Venezuela's Vice President Tareck El Aissami (L) and the Minister for University Education, Science and Technology Hugbel Roa, in Caracas, Venezuela February 20, 2018. REUTERS/Marco Bello

President Nicolas Maduro said Tuesday that Venezuela had received $735 million in the first day of a pre-sale of the country's “petro” cryptocurrency, aimed at pulling the country out of an economic tailspin.

Cyber Risk3 hours ago

Sophia, a robot integrating the latest technologies and artificial intelligence developed by Hanson Robotics is pictured during a presentation at the "AI for Good" Global Summit at the International Telecommunication Union (ITU) in Geneva, Switzerland June 7, 2017. REUTERS/Denis Balibouse

Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial drones into targeted weapons, a new report warns.

Technology News13 minutes ago

Swiss software company Temenos said it has agreed a 1.4 billion pound ($1.96 billion) deal to buy British peer Fidessa Group, whose shares traded above the offer price as an activist investor disclosed a stake of nearly 5 percent.

Fintech13 hours ago

A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration

Bitcoin hit a three-week high on Tuesday and has surged nearly 100 percent from its lowest level this year, as its recovery continued after South Korea's financial regulator eased its stance on cryptocurrencies, weeks after it considered shutting down digital currency exchanges.

Technology News4 hours ago

A group of human and digital rights activists said on Tuesday that the Mexican government had failed to properly investigate allegations their smartphones were infected with spying software. They have asked for an independent investigation.

Technology News4 hours ago

FILE PHOTO: An employee works behind a logo of Softbank Corp at its branch in Tokyo March 2, 2011.  REUTERS/Toru Hanai/File Photo

Bahrain's sovereign wealth fund Mumtalakat is in early talks to invest in Softbank Group's private equity fund that aims to target the technology sector, its chief executive said.

Cyber Risk7 hours ago

FILE PHOTO - U.S. Attorney General Jeff Sessions attends the National Sheriffs Association Winter Conference in Washington, U.S., February 12, 2018. REUTERS/Yuri Gripas

U.S. Attorney General Jeff Sessions on Tuesday announced he would create a task force to examine how his Justice Department can better combat global cyber threats, including efforts to interfere with elections or damage critical infrastructure.

Fintech14 hours ago

FILE PHOTO: The logo of ING bank is pictured at the entrance of the group's main office in Brussels, Belgium  September 5, 2017. REUTERS/Francois Lenoir/File Photo

Dutch financial services company ING <INGA.AS> on Tuesday confirmed that Bitfinex, one of the largest exchanges for trading in cryptocurrencies such as Bitcoin, has a bank account with it in the Netherlands.

Technology News14 hours ago

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

Amazon.com Inc on Tuesday extended its 5 percent cash back benefit for Prime service subscribers to shoppers at its newly acquired Whole Foods Market grocery chain.

Business News15 hours ago

FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York, U.S. on February 11, 2014.  REUTERS/Brendan McDermid/File Photo

Xerox Corp shareholders Carl Icahn and Darwin Deason said on Tuesday the U.S. company should seek to sell itself to one of its rivals or a private equity firm.

Cyber Risk16 hours ago

Binary code is seen on a screen against a North Korean flag in this illustration photo November 1, 2017.   REUTERS/Thomas White/Illustration

A North Korean cyber espionage group previously known only for targeting South Korea's government and private sector deepened its sophistication and hit further afield including in Japan and the Middle East in 2017, security researchers said on Tuesday.

Technology News19 hours ago

Medical device maker Medtronic Plc's quarterly revenue beat analysts' expectations as new product launches drove sales across its business units, but weaker-than-expected margins clouded the earnings report.

Technology News19 hours ago

FILE PHOTO: Workers are seen at their workstations on the floor of an outsourcing centre in Bangalore, February 29, 2012. REUTERS/Vivek Prakash/File Photo

India's software services exports will see revenue growth of 7-9 percent in constant currency terms in the fiscal year to March 2019, a leading lobby group forecast on Tuesday, as the industry continues to recover from what has been a tough year.

Technology News21 hours ago

FILE PHOTO: A 3D printed people's models are seen in front of a displayed Airbnb logo in this illustration taken, June 8, 2016. REUTERS/Dado Ruvic/Illustration/File Photo

Spain's Balearic Islands is fining flat-sharing and rental service Airbnb 300,000 euros ($370,140) for advertising unregistered homes in Mallorca on its web site, the regional government said on Tuesday.

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