Technology News

Technology News coverage from Reuters.

Business News37 minutes ago

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

Britain is very concerned by allegations that the British data firm Cambridge Analytica exploited data on millions of Facebook users without their authorization in election campaigns, a spokesman for Prime Minister Theresa May said on Monday.

Business News2 hours ago

A 3D-printed Facebook logo is seen in front of a displayed stock graph in this illustration taken November 3, 2016.  REUTERS/Dado Ruvic/Illustration

Facebook Inc's shares fell more than 4 percent in premarket trading after media reports that a political consultancy that worked on President Donald Trump's campaign gained inappropriate access to data on 50 million Facebook users.

Business News10 hours ago

FILE PHOTO: The Google logo is seen at the Young Entrepreneurs fair in Paris, France, February 7, 2018. REUTERS/Charles Platiau /File Photo

Alphabet Inc's Google routinely fields product queries from millions of shoppers. Now it wants to take a cut of their purchases, too.

Business News5 hours ago

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

Alibaba Group Holding Ltd <BABA.N> said it will invest an extra $2 billion in Southeast Asian e-commerce firm Lazada Group and tapped a top executive to run the business, as it takes on rivals such as tech titan Amazon in an aggressive expansion in the region.

Technology News4 hours ago

A shopper holds her bags as she tries to hail a cab in New York November 22, 2011.  REUTERS/Jessica Rinaldi

Most buyers prefer to be left alone as they shop in store for items like apparel and prefer to use in-store technology for customer service over personalized attention from store employees, according to a new study.

Fintech6 minutes ago

Royal Bank of Scotland signs are seen at a branch of the bank, in London, Britain December 1, 2017.  REUTERS/Peter Nicholls

Britain's Royal Bank of Scotland <RBS.L> is working on plans to create a standalone digital bank, Sky News reported on Monday, as small, app-only banks with low fees target traditional lenders' market share.

Technology News2 hours ago

The logo of the new Financial Conduct Authority (FCA) is seen at the agency's headquarters in the Canary Wharf business district of London April 1, 2013. REUTERS/Chris Helgren

Regulators from across the world start work this week on a blueprint for a global "sandbox" or testing bed for new financial technology applications, Britain's Financial Conduct Authority said on Monday.

Business News6 hours ago

FILE PHOTO: An iPhone is seen on display at a kiosk at an Apple reseller store in Mumbai, India, January 12, 2017. Picture taken January 12, 2017.  REUTERS/Shailesh Andrade/File photo

Apple Inc is developing its own MicroLED device displays and has made small numbers of the screens for testing, Bloomberg reported, in a move that could hurt Asian display suppliers to the U.S. tech giant over the long-term.

Technology News4 minutes ago

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 13, 2018. Picture is taken February 13, 2018. REUTERS/Dado Ruvic/Illustration

Britain's government and regulators will look in detail at the potential risks from cryptocurrencies like bitcoin, British junior finance minister John Glen said on Monday.

Business News5 hours ago

FILE PHOTO: A sign for the new Amazon Go store on 7th Avenue at Amazon's Seattle headquarters in Seattle, Washington, U.S., January 29, 2018.   REUTERS/Lindsey Wasson Inc <AMZN.O> is tracking how regularly customers shop at its store without checkout lines in Seattle - and so far, the verdict is they keep coming back.

Business News37 minutes ago

FILE PHOTO - Senator John Kennedy (R-LA) walks after the Senate reached an agreement to end the shut down of the federal government on Capitol Hill in Washington, U.S., January 22, 2018.      REUTERS/Joshua Roberts

Republican Senator John Kennedy has joined his Democratic colleague Amy Klobuchar in calling on Facebook Inc Chief Executive Mark Zuckerberg to testify before Congress following reports that a political consultancy gained inappropriate access to data on millions of Facebook users.

Technology Newsan hour ago

FILE PHOTO: Facebook logo is seen  at a start-up companies gathering at Paris' Station F in Paris, France on January 17, 2017. REUTERS/Philippe Wojazer/File Photo

Facebook Inc faced new calls for regulation from within U.S. Congress and was hit with questions about personal data safeguards on Saturday after reports a political consultant gained inappropriate access to 50 million users' data starting in 2014.

Technology News3 hours ago

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato

SoftBank Group Corp could relist ARM Holdings, the British chip designer it bought two years ago, according to a senior executive at the Japanese conglomerate, the Financial Times reported on Monday.

Business News3 hours ago

Britain is very concerned over allegations that the data firm Cambridge Analytica exploited Facebook data to use millions of people's profiles without authorization, a spokesman for Prime Minister Theresa May said on Monday.

Business News3 hours ago

FILE PHOTO - European Justice, Consumers and Gender Equality Commissioner Vera Jourova speaks during an interview with Reuters at the EU Commission headquarters in Brussels, Belgium, September 11, 2017. Picture taken September 11, 2017 REUTERS/Francois Lenoir

EU Justice Commissioner Vera Jourova plans to discuss the alleged misuse of more than 50 million Facebook users' data with the U.S. social network and with the U.S. government on her visit to the United States this week.

Business News3 hours ago

A 3D-printed Facebook logo is seen in front of the logo of the European Union in this picture illustration made in Zenica, Bosnia and Herzegovina on May 15, 2015.  REUTERS/Dado Ruvic

EU lawmakers will investigate whether the data of more than 50 million Facebook users has been misused, the head of European Parliament said on Monday.

Technology News5 hours ago

A woman walks past Didi Chuxing's booth at the Global Mobile Internet Conference (GMIC) 2017 in Beijing, China April 28, 2017. REUTERS/Jason Lee

The Shanghai Stock Exchange has approved a 10 billion yuan ($1.58 billion) shelf offering by Chinese ride-hailing firm Didi Chuxing, the company said on Monday.

Technology News5 hours ago

German online retailer Home24, which aims to challenge IKEA's dominance of the European furniture market, accelerated sales and trimmed losses in the fourth quarter after sources said it is considering a stock market listing.

Business News5 hours ago

A man walks by under an Uber logo in Mexico City, Mexico February 6, 2018. Picture taken on February 6, 2018. REUTERS/Carlos Jasso

Working quietly from a shared office space in one of Mexico City's trendiest neighborhoods, China's ride-hailing giant Didi Chuxing is planning to hit its archrival Uber where it hurts.

Business News7 hours ago

FILE PHOTO: A note is pasted on a rear window of a car during a protest by Uber and Ola drivers, in New Delhi, India, February 14, 2017. The note reads “Ola and Uber it is Strike”. REUTERS/Adnan Abidi

Drivers for app-based cab aggregators Uber and Ola started an indefinite strike across India on Monday, demanding extra pay as a surge in the number of cabs on the two platforms, coupled with cutbacks in incentive payments, have stung drivers.

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