Technology News
Technology News coverage from Reuters.
Tesla Inc's board <TSLA.O> named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet to see a firm offer from the company's chief executive, Elon Musk.
Amazon.com Inc <AMZN.O> on Tuesday said it will open its first customer service center in Colombia in October and employ 600 people. The center, intended to prevent and resolve problems, will serve customers worldwide in Spanish, English and Portuguese, the world's largest online retailer said in a statement.
A group of founders, executives and early employees of Tinder on Tuesday sued IAC/InterActiveCorp <IAC.O>, claiming the parent company deliberately undervalued the dating app to avoid paying them billions of dollars and deprived some employees of stock options.
U.S. chipmaker Intel Corp <INTC.O> on Tuesday disclosed three more possible flaws in some of its microprocessors that can be exploited to gain access to certain data from computer memory.
Sprint Corp <S.N> said Tuesday it has partnered with phone manufacturer LG Electronics Inc <066570.KS> to launch a 5G smartphone in the first half of next year, marking the first 5G device deal for the No. 4 U.S. wireless carrier.
Kroger Co <KR.N> has partnered with Alibaba Group Holding Ltd <BABA.N> to sell its private label products on the e-commerce giant's Tmall platform in China, making its first venture outside the United States.
Financial technology companies that lend online are sounding a cautious note on a U.S. banking regulator's plan to offer them special federal charters because of concerns over legal challenges and requirements that are more onerous than expected.
Uber Technologies Inc [UBER.UL] named Matt Olsen as its chief security officer, the ride hailing company's Chief Executive Officer Dara Khosrowshahi said in a tweet on Tuesday.
Global investors remain overwhelmingly bullish on U.S. and Chinese tech shares, while short positions on emerging equities are growing increasingly popular, Bank of America Merrill Lynch's latest monthly fund manager survey showed on Tuesday.
Filip Liu, a 31-year-old software developer from Beijing, was traveling in the far western Chinese region of Xinjiang when he was pulled to one side by police as he got off a bus.
Tesla Inc's <TSLA.O> 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.
Spain's top flight soccer division La Liga announced on Tuesday a landmark deal with Facebook which will allow viewers in the Indian sub-continent to watch every game over the next three seasons for free on the social network.
China's Tencent Holdings Ltd saw its stock tumble on Tuesday, wiping out around $15 billion in its market value, amid concern of a blow to its video game revenue after regulators blocked the sale of one of its blockbuster titles.
Australia on Tuesday proposed a new law requiring technology firms such as Alphabet Inc's Google, Facebook and Apple to give police access to private encrypted data linked to suspected illegal activities.
Chinese electric vehicle start-up NIO on Monday filed for a $1.8 billion initial public offering of its American depositary shares, the biggest U.S. listing by a Chinese automaker.
Sequoia Capital China is teaming up with a state-owned venture capital (VC) fund and e-commerce powerhouse JD.com to raise up to 40 billion yuan ($5.81 billion) for a new investment firm to focus on late-stage tech investments, sources said.
Foxconn posted second-quarter net profit well below expectations as a rise in component costs and unsold inventory weighed on the performance of the Apple supplier and world's top contract electronics maker, analysts said.
Chinese ecommerce firm JD.com has agreed a deal with Unilever to move products like Lipton's tea and Lux soap between warehouses across China as the consumer goods firm looks to expand sales in more remote parts of the country.
Taiwan's Hon Hai Precision Industry shares fell 1.9 percent on Tuesday morning after its second quarter results missed analyst estimates.
Tesla Inc <TSLA.O> Chief Executive Elon Musk tweeted on Monday that he was working with buyout firm Silver Lake and investment bank Goldman Sachs Group Inc <GS.N> as financial advisers on his plan to take the U.S. electric car maker private.
Tesla Inc's board <TSLA.O> named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet to see a firm offer from the company's chief executive, Elon Musk.
Amazon.com Inc <AMZN.O> on Tuesday said it will open its first customer service center in Colombia in October and employ 600 people. The center, intended to prevent and resolve problems, will serve customers worldwide in Spanish, English and Portuguese, the world's largest online retailer said in a statement.
A group of founders, executives and early employees of Tinder on Tuesday sued IAC/InterActiveCorp <IAC.O>, claiming the parent company deliberately undervalued the dating app to avoid paying them billions of dollars and deprived some employees of stock options.
U.S. chipmaker Intel Corp <INTC.O> on Tuesday disclosed three more possible flaws in some of its microprocessors that can be exploited to gain access to certain data from computer memory.
Sprint Corp <S.N> said Tuesday it has partnered with phone manufacturer LG Electronics Inc <066570.KS> to launch a 5G smartphone in the first half of next year, marking the first 5G device deal for the No. 4 U.S. wireless carrier.
Kroger Co <KR.N> has partnered with Alibaba Group Holding Ltd <BABA.N> to sell its private label products on the e-commerce giant's Tmall platform in China, making its first venture outside the United States.
Financial technology companies that lend online are sounding a cautious note on a U.S. banking regulator's plan to offer them special federal charters because of concerns over legal challenges and requirements that are more onerous than expected.
Uber Technologies Inc [UBER.UL] named Matt Olsen as its chief security officer, the ride hailing company's Chief Executive Officer Dara Khosrowshahi said in a tweet on Tuesday.
Global investors remain overwhelmingly bullish on U.S. and Chinese tech shares, while short positions on emerging equities are growing increasingly popular, Bank of America Merrill Lynch's latest monthly fund manager survey showed on Tuesday.
Filip Liu, a 31-year-old software developer from Beijing, was traveling in the far western Chinese region of Xinjiang when he was pulled to one side by police as he got off a bus.
Tesla Inc's <TSLA.O> 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.
Spain's top flight soccer division La Liga announced on Tuesday a landmark deal with Facebook which will allow viewers in the Indian sub-continent to watch every game over the next three seasons for free on the social network.
China's Tencent Holdings Ltd saw its stock tumble on Tuesday, wiping out around $15 billion in its market value, amid concern of a blow to its video game revenue after regulators blocked the sale of one of its blockbuster titles.
Australia on Tuesday proposed a new law requiring technology firms such as Alphabet Inc's Google, Facebook and Apple to give police access to private encrypted data linked to suspected illegal activities.
Chinese electric vehicle start-up NIO on Monday filed for a $1.8 billion initial public offering of its American depositary shares, the biggest U.S. listing by a Chinese automaker.
Sequoia Capital China is teaming up with a state-owned venture capital (VC) fund and e-commerce powerhouse JD.com to raise up to 40 billion yuan ($5.81 billion) for a new investment firm to focus on late-stage tech investments, sources said.
Foxconn posted second-quarter net profit well below expectations as a rise in component costs and unsold inventory weighed on the performance of the Apple supplier and world's top contract electronics maker, analysts said.
Chinese ecommerce firm JD.com has agreed a deal with Unilever to move products like Lipton's tea and Lux soap between warehouses across China as the consumer goods firm looks to expand sales in more remote parts of the country.
Taiwan's Hon Hai Precision Industry shares fell 1.9 percent on Tuesday morning after its second quarter results missed analyst estimates.
Tesla Inc <TSLA.O> Chief Executive Elon Musk tweeted on Monday that he was working with buyout firm Silver Lake and investment bank Goldman Sachs Group Inc <GS.N> as financial advisers on his plan to take the U.S. electric car maker private.
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