Technology News

Technology News coverage from Reuters.

Business Newsin a day

FILE PHOTO: A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson/File Photo

Microsoft Corp <MSFT.O> shares rose about 5 percent to an all-time high on Friday, after investors cheered another blockbuster quarter, backed by growth in its legacy software business and Azure cloud computing services.

Technology Newsin 4 hours

The logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China July 20, 2018. REUTERS/Aly Song

Chinese conglomerates Alibaba and Tencent are involved in talks to buy a minority stake in advertising giant WPP's Chinese unit, Sky News reported on Saturday, citing unidentified sources.

Business Newsin 12 hours

FILE PHOTO: The Toyota logo is shown at the Los Angeles Auto Show in Los Angeles, California, U.S., November 30, 2017.      REUTERS/Mike Blake/File Photo

Big companies in the United States from Amazon.com Inc <AMZN.O> to Toyota Motor Corp <7203.T> and Alcoa Corp <AA.N> are working to counter the effect of the Trump administration's trade policies and to head off new tariffs.

Business Newsin a day

FILE PHOTO: A woman tries a new Apple Watch Series 3 Cellular model after it goes on sale at the Apple Store in Tokyo's Omotesando shopping district, Japan, September 22, 2017. REUTERS/Issei Kato/File Photo

The latest round of U.S. tariffs on $200 billion of Chinese goods could hit the Apple Watch, health trackers, streaming music speakers and other accessories assembled in China, government rulings on tariffs show.

Politicsin 20 hours

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

U.S. lawmakers cut measures from a defense bill that would have reinstated sanctions on China's ZTE Corp, abandoning an attempt to punish the company for illegally shipping U.S. products to Iran and North Korea.

Technology Newsin a day

Russian telecoms operators will have to ramp up charges by up to 10 percent to cover costs they will incur implementing new laws designed to give state security greater oversight over telecoms, according to an estimate from the main security agency.

Business Newsin a day

FILE PHOTO: An AT&T logo is pictured in Pasadena, California, U.S., January 24, 2018. REUTERS/Mario Anzuoni

AT&T Inc on Friday named Oklahoma City, Charlotte and Raleigh, North Carolina, as three more cities where it plans launch its next-generation wireless network, or 5G, by the end of the year.

Business Newsin 2 days

FILE PHOTO: People walk behind the logo of SoftBank Corp in Tokyo December 18, 2014.  REUTERS/Toru Hanai/File Photo

SoftBank Group Corp's Vision Fund is seeking to invest almost $1 billion in SenseTime Group Ltd, a Chinese facial recognition technology developer, Bloomberg reported on Friday.

Technology Newsin 18 hours

Coinbase has formed a political action committee (PAC) to raise money to spend on U.S. elections, the cryptocurrency exchange said http://docquery.fec.gov/cgi-bin/forms/C00680355/1243300#SUMMARY in a filing made public on Friday.

Business Newsin 2 days

FILE PHOTO: A Panasonic Corp's lithium-ion battery, which is part of Tesla Motor Inc's Model S and Model X battery packs, is pictured with the Tesla Motors logo during a photo opportunity at the Panasonic Center in Tokyo, Japan, November 19, 2013.  REUTERS/Yuya Shino/File Photo

Panasonic Corp <6752.T> said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions, and that it had suspended relations with a Canadian supplier as a result of its concerns.

Business Newsin a day

FILE PHOTO:  The General Electric logo is pictured on working helmets during a visit at the General Electric offshore wind turbine plant in Montoir-de-Bretagne, near Saint-Nazaire, western France, November 21, 2016.  REUTERS/Stephane Mahe/File Photo

General Electric Co reported a smaller-than-expected drop in profit on Friday, but cut a key financial target, raising questions about its full-year outlook and sending shares sharply lower.

Technology Newsin a day

FILE PHOTO: The logo of Wipro is seen inside the company's headquarters in Bengaluru, India, January 19, 2018. REUTERS/Abhishek N. Chinnappa/File Photo

Indian IT company Wipro Ltd said it was seeing strong demand for its services from clients in banking, financial services and insurance (BFSI), while it faces challenges in its India business and in the U.S. healthcare sector.

World Newsin a day

Singapore Prime Minister Lee Hsien Loong  in Manila, Philippines November 14, 2017. REUTERS/Aaron Favila/Pool

A major cyberattack on Singapore's government health database stole the personal information of about 1.5 million people, including Prime Minister Lee Hsien Loong, the government said on Friday.

Business Newsin 2 days

FILE PHOTO: The logo for IBM is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 27, 2018. REUTERS/Brendan McDermid/File Photo

A lawyer for discount e-commerce company Groupon Inc told a court in Delaware on Thursday that International Business Machines Corp has shaken down practically every large tech firm for patent fees.

Business Newsin 2 days

FILE PHOTO: An advertisement is played on a set of large screens at the Microsoft office in Cambridge, Massachusetts, U.S., on January 25, 2017.   REUTERS/Brian Snyder/File Photo

Microsoft Corp <MSFT.O> on Thursday posted quarterly profit and revenue that beat analysts' estimates, as more businesses signed up for its Azure cloud computing services and Office 365 productivity suite.

Business Newsin 2 days

FILE PHOTO: The Comcast NBC logo is shown on a building in Los Angeles, California, U.S. June 13, 2018.  REUTERS/Mike Blake

Comcast Corp <CMCSA.O> dropped its $66 billion bid for Twenty-First Century Fox Inc's <FOXA.O> entertainment assets on Thursday but said it would still try to expand its international footprint by acquiring 61 percent of European broadcaster Sky Plc <SKYB.L>, the remainder of which is owned by Fox.

Business Newsin 2 days

FILE PHOTO: A logo is pictured at Google's European Engineering Center in Zurich, Switzerland July 19,  2018   REUTERS/Arnd Wiegmann

U.S. President Donald Trump on Thursday criticized the European Union over a record $5 billion fine EU antitrust regulators imposed on Google, saying the bloc was taking advantage of the United States.

Technology Newsin 2 days

FILE PHOTO: The logo of Uber is seen on an iPad, during a news conference to announce Uber resumes ride-hailing service, in Taipei, Taiwan April 13, 2017. REUTERS/Tyrone Siu/File Photo

Meal delivery service DoorDash Inc has hired Uber Technologies Inc's head of finance to be its chief financial officer, positioning the startup closer to an initial public offering and dealing another executive loss to Uber.

Technology Newsin 2 days

Fiat Chrysler Automobiles (FCA) U.S. headquarters is seen in Auburn Hills, Michigan, U.S. May 25, 2018.  REUTERS/Rebecca Cook

Fiat Chrysler (FCA) <FCHA.MI> has kicked off its planned spin-off of parts maker Magneti Marelli which will be registered in the Netherlands and listed on the Milan stock exchange, a document outlining initial plans and seen by Reuters showed.

Business Newsin 2 days

FILE PHOTO: A Tesla Model 3 sedan, its first car aimed at the mass market, is displayed during its launch in Hawthorne, California, U.S. March 31, 2016.  REUTERS/Joe White/File Photo

Tesla Inc <TSLA.O> denied on Thursday that refunds of bookings of its Model 3 sedan were now outpacing reservations, responding to a report earlier in the day by a Wall Street brokerage citing channel checks on the electric carmaker.

Business Newsin a day

FILE PHOTO: A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson/File Photo

Microsoft Corp <MSFT.O> shares rose about 5 percent to an all-time high on Friday, after investors cheered another blockbuster quarter, backed by growth in its legacy software business and Azure cloud computing services.

Technology Newsin 4 hours

The logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China July 20, 2018. REUTERS/Aly Song

Chinese conglomerates Alibaba and Tencent are involved in talks to buy a minority stake in advertising giant WPP's Chinese unit, Sky News reported on Saturday, citing unidentified sources.

Business Newsin 12 hours

FILE PHOTO: The Toyota logo is shown at the Los Angeles Auto Show in Los Angeles, California, U.S., November 30, 2017.      REUTERS/Mike Blake/File Photo

Big companies in the United States from Amazon.com Inc <AMZN.O> to Toyota Motor Corp <7203.T> and Alcoa Corp <AA.N> are working to counter the effect of the Trump administration's trade policies and to head off new tariffs.

Business Newsin a day

FILE PHOTO: A woman tries a new Apple Watch Series 3 Cellular model after it goes on sale at the Apple Store in Tokyo's Omotesando shopping district, Japan, September 22, 2017. REUTERS/Issei Kato/File Photo

The latest round of U.S. tariffs on $200 billion of Chinese goods could hit the Apple Watch, health trackers, streaming music speakers and other accessories assembled in China, government rulings on tariffs show.

Politicsin 20 hours

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

U.S. lawmakers cut measures from a defense bill that would have reinstated sanctions on China's ZTE Corp, abandoning an attempt to punish the company for illegally shipping U.S. products to Iran and North Korea.

Technology Newsin a day

Russian telecoms operators will have to ramp up charges by up to 10 percent to cover costs they will incur implementing new laws designed to give state security greater oversight over telecoms, according to an estimate from the main security agency.

Business Newsin a day

FILE PHOTO: An AT&T logo is pictured in Pasadena, California, U.S., January 24, 2018. REUTERS/Mario Anzuoni

AT&T Inc on Friday named Oklahoma City, Charlotte and Raleigh, North Carolina, as three more cities where it plans launch its next-generation wireless network, or 5G, by the end of the year.

Business Newsin 2 days

FILE PHOTO: People walk behind the logo of SoftBank Corp in Tokyo December 18, 2014.  REUTERS/Toru Hanai/File Photo

SoftBank Group Corp's Vision Fund is seeking to invest almost $1 billion in SenseTime Group Ltd, a Chinese facial recognition technology developer, Bloomberg reported on Friday.

Technology Newsin 18 hours

Coinbase has formed a political action committee (PAC) to raise money to spend on U.S. elections, the cryptocurrency exchange said http://docquery.fec.gov/cgi-bin/forms/C00680355/1243300#SUMMARY in a filing made public on Friday.

Business Newsin 2 days

FILE PHOTO: A Panasonic Corp's lithium-ion battery, which is part of Tesla Motor Inc's Model S and Model X battery packs, is pictured with the Tesla Motors logo during a photo opportunity at the Panasonic Center in Tokyo, Japan, November 19, 2013.  REUTERS/Yuya Shino/File Photo

Panasonic Corp <6752.T> said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions, and that it had suspended relations with a Canadian supplier as a result of its concerns.

Business Newsin a day

FILE PHOTO:  The General Electric logo is pictured on working helmets during a visit at the General Electric offshore wind turbine plant in Montoir-de-Bretagne, near Saint-Nazaire, western France, November 21, 2016.  REUTERS/Stephane Mahe/File Photo

General Electric Co reported a smaller-than-expected drop in profit on Friday, but cut a key financial target, raising questions about its full-year outlook and sending shares sharply lower.

Technology Newsin a day

FILE PHOTO: The logo of Wipro is seen inside the company's headquarters in Bengaluru, India, January 19, 2018. REUTERS/Abhishek N. Chinnappa/File Photo

Indian IT company Wipro Ltd said it was seeing strong demand for its services from clients in banking, financial services and insurance (BFSI), while it faces challenges in its India business and in the U.S. healthcare sector.

World Newsin a day

Singapore Prime Minister Lee Hsien Loong  in Manila, Philippines November 14, 2017. REUTERS/Aaron Favila/Pool

A major cyberattack on Singapore's government health database stole the personal information of about 1.5 million people, including Prime Minister Lee Hsien Loong, the government said on Friday.

Business Newsin 2 days

FILE PHOTO: The logo for IBM is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 27, 2018. REUTERS/Brendan McDermid/File Photo

A lawyer for discount e-commerce company Groupon Inc told a court in Delaware on Thursday that International Business Machines Corp has shaken down practically every large tech firm for patent fees.

Business Newsin 2 days

FILE PHOTO: An advertisement is played on a set of large screens at the Microsoft office in Cambridge, Massachusetts, U.S., on January 25, 2017.   REUTERS/Brian Snyder/File Photo

Microsoft Corp <MSFT.O> on Thursday posted quarterly profit and revenue that beat analysts' estimates, as more businesses signed up for its Azure cloud computing services and Office 365 productivity suite.

Business Newsin 2 days

FILE PHOTO: The Comcast NBC logo is shown on a building in Los Angeles, California, U.S. June 13, 2018.  REUTERS/Mike Blake

Comcast Corp <CMCSA.O> dropped its $66 billion bid for Twenty-First Century Fox Inc's <FOXA.O> entertainment assets on Thursday but said it would still try to expand its international footprint by acquiring 61 percent of European broadcaster Sky Plc <SKYB.L>, the remainder of which is owned by Fox.

Business Newsin 2 days

FILE PHOTO: A logo is pictured at Google's European Engineering Center in Zurich, Switzerland July 19,  2018   REUTERS/Arnd Wiegmann

U.S. President Donald Trump on Thursday criticized the European Union over a record $5 billion fine EU antitrust regulators imposed on Google, saying the bloc was taking advantage of the United States.

Technology Newsin 2 days

FILE PHOTO: The logo of Uber is seen on an iPad, during a news conference to announce Uber resumes ride-hailing service, in Taipei, Taiwan April 13, 2017. REUTERS/Tyrone Siu/File Photo

Meal delivery service DoorDash Inc has hired Uber Technologies Inc's head of finance to be its chief financial officer, positioning the startup closer to an initial public offering and dealing another executive loss to Uber.

Technology Newsin 2 days

Fiat Chrysler Automobiles (FCA) U.S. headquarters is seen in Auburn Hills, Michigan, U.S. May 25, 2018.  REUTERS/Rebecca Cook

Fiat Chrysler (FCA) <FCHA.MI> has kicked off its planned spin-off of parts maker Magneti Marelli which will be registered in the Netherlands and listed on the Milan stock exchange, a document outlining initial plans and seen by Reuters showed.

Business Newsin 2 days

FILE PHOTO: A Tesla Model 3 sedan, its first car aimed at the mass market, is displayed during its launch in Hawthorne, California, U.S. March 31, 2016.  REUTERS/Joe White/File Photo

Tesla Inc <TSLA.O> denied on Thursday that refunds of bookings of its Model 3 sedan were now outpacing reservations, responding to a report earlier in the day by a Wall Street brokerage citing channel checks on the electric carmaker.

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