Technology News
Technology News coverage from Reuters.
Google has been accused in a lawsuit of illegally tracking the movements of millions of iPhone and Android phone users even when they use a privacy setting to prevent it.
Tesla Inc <TSLA.O> shares fell nearly 4 percent on Monday as a $113 cut in JPMorgan Chase's <JPM.N> price target for the electric carmaker added to growing doubts among market players about a plan to take the company private.
Apple Inc <AAPL.O> says it has pulled illegal lottery apps from its App Store in China amid tightening regulation and a barrage of criticism from state media.
Investors in Chinese online peer-to-peer (P2P) lending platform PPMiao protested at the offices of one of the company's shareholders in Shanghai's financial district on Monday, in the latest manifestation of problems facing the industry.
Gatwick, Britain's second busiest airport, was forced to post flight information on white boards on Monday after an IT glitch meant its digital screens failed.
Online fashion retailer Farfetch aims to float on the New York Stock Exchange by the end of the year, the London-based company said on Monday, seeking to capitalise on rapid growth in luxury sales on the web.
Tesla Inc's <TSLA.O> shares slumped 9 percent on Friday after Chief Executive Officer Elon Musk told the New York Times he was under major emotional stress and was preparing for "extreme torture" from short sellers.
The U.S. government is trying to force Facebook Inc <FB.O> to break the encryption in its popular Messenger app so law enforcement may listen to a suspect's voice conversations in a criminal probe, three people briefed on the case said, resurrecting the issue of whether companies can be compelled to alter their products to enable surveillance.
Rocket Internet's finance chief Peter Kimpel had resigned to pursue a new management challenge, the German company said in a statement on Monday.
The summer roller-coaster in two of the four big-cap 'FANG' names - Facebook Inc, Amazon.com Inc, Netflix Inc and Google-parent Alphabet Inc - has led to a shift, albeit slight, into value stocks.
The Chief Financial Officer of Infosys Ltd has tendered his resignation just seven months after India's second-biggest software services exporter appointed a new Chief Executive Officer.
Go-Jek, Indonesia's first billion-dollar startup, is "extremely close" to achieving profitability in all its segments, except transportation, its founder and CEO Nadiem Makarim told Reuters.
Chinese content aggregator Qutoutiao Inc, which is backed by technology giant Tencent Holdings Ltd, filed for an initial public offering of up to $300 million with the U.S. Securities and Exchange Commission on Friday.
Nvidia Corp <NVDA.O> shares fell as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise beat expectations.
Several Tesla Inc <TSLA.O> shareholders have told Reuters they are concerned that the electric car maker will have to pay more to fund its growth if it becomes a private company and loses the ability to sell new shares to stock market investors.
Rovio Entertainment <ROVIO.HE>, the maker of the "Angry Birds" mobile game series and movie, on Friday reported an increase in second-quarter sales at its games business, providing a positive sign for investors after a profit warning in February.
Uber [UBER.UL] the global ride-hailing company, is considering expanding into two other East African countries before the end of 2018, focusing on low cost services like Chap Chap in Kenya, the company said on Friday.
Elon Musk's rocket company, SpaceX, could help fund a bid to take electric car company Tesla Inc <TSLA.O> private, the New York Times reported on Thursday, quoting people familiar with the matter.
Ride-hailing company Uber Technologies Inc [UBER.UL] plans to open a 250 million reais ($64 million) center in Brazil to develop technology to improve safety for its riders and drivers, including for drivers to accept cash, a key payment method in its rapid expansion in Latin America, the company said on Friday.
Fears of e-commerce taking off in Brazil have sunk shares of the country's big mall operators this year, but industry executives expressed confidence that local shopping habits, the reputation of malls as public spaces safe from crime and other factors will help them avoid the shakeout that has hit their U.S. peers.
Google has been accused in a lawsuit of illegally tracking the movements of millions of iPhone and Android phone users even when they use a privacy setting to prevent it.
Tesla Inc <TSLA.O> shares fell nearly 4 percent on Monday as a $113 cut in JPMorgan Chase's <JPM.N> price target for the electric carmaker added to growing doubts among market players about a plan to take the company private.
Apple Inc <AAPL.O> says it has pulled illegal lottery apps from its App Store in China amid tightening regulation and a barrage of criticism from state media.
Investors in Chinese online peer-to-peer (P2P) lending platform PPMiao protested at the offices of one of the company's shareholders in Shanghai's financial district on Monday, in the latest manifestation of problems facing the industry.
Gatwick, Britain's second busiest airport, was forced to post flight information on white boards on Monday after an IT glitch meant its digital screens failed.
Online fashion retailer Farfetch aims to float on the New York Stock Exchange by the end of the year, the London-based company said on Monday, seeking to capitalise on rapid growth in luxury sales on the web.
Tesla Inc's <TSLA.O> shares slumped 9 percent on Friday after Chief Executive Officer Elon Musk told the New York Times he was under major emotional stress and was preparing for "extreme torture" from short sellers.
The U.S. government is trying to force Facebook Inc <FB.O> to break the encryption in its popular Messenger app so law enforcement may listen to a suspect's voice conversations in a criminal probe, three people briefed on the case said, resurrecting the issue of whether companies can be compelled to alter their products to enable surveillance.
Rocket Internet's finance chief Peter Kimpel had resigned to pursue a new management challenge, the German company said in a statement on Monday.
The summer roller-coaster in two of the four big-cap 'FANG' names - Facebook Inc, Amazon.com Inc, Netflix Inc and Google-parent Alphabet Inc - has led to a shift, albeit slight, into value stocks.
The Chief Financial Officer of Infosys Ltd has tendered his resignation just seven months after India's second-biggest software services exporter appointed a new Chief Executive Officer.
Go-Jek, Indonesia's first billion-dollar startup, is "extremely close" to achieving profitability in all its segments, except transportation, its founder and CEO Nadiem Makarim told Reuters.
Chinese content aggregator Qutoutiao Inc, which is backed by technology giant Tencent Holdings Ltd, filed for an initial public offering of up to $300 million with the U.S. Securities and Exchange Commission on Friday.
Nvidia Corp <NVDA.O> shares fell as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise beat expectations.
Several Tesla Inc <TSLA.O> shareholders have told Reuters they are concerned that the electric car maker will have to pay more to fund its growth if it becomes a private company and loses the ability to sell new shares to stock market investors.
Rovio Entertainment <ROVIO.HE>, the maker of the "Angry Birds" mobile game series and movie, on Friday reported an increase in second-quarter sales at its games business, providing a positive sign for investors after a profit warning in February.
Uber [UBER.UL] the global ride-hailing company, is considering expanding into two other East African countries before the end of 2018, focusing on low cost services like Chap Chap in Kenya, the company said on Friday.
Elon Musk's rocket company, SpaceX, could help fund a bid to take electric car company Tesla Inc <TSLA.O> private, the New York Times reported on Thursday, quoting people familiar with the matter.
Ride-hailing company Uber Technologies Inc [UBER.UL] plans to open a 250 million reais ($64 million) center in Brazil to develop technology to improve safety for its riders and drivers, including for drivers to accept cash, a key payment method in its rapid expansion in Latin America, the company said on Friday.
Fears of e-commerce taking off in Brazil have sunk shares of the country's big mall operators this year, but industry executives expressed confidence that local shopping habits, the reputation of malls as public spaces safe from crime and other factors will help them avoid the shakeout that has hit their U.S. peers.
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