Technology News

Technology News coverage from Reuters.

Technology Newsan hour ago

Dara Khosrowshahi, Chief Executive Officer of Uber Technologies, looks on as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018. REUTERS/Denis Balibouse

Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Tuesday he can see commercialization of the Uber Air flying taxi service happening within five to 10 years.

Technology News4 hours ago

FILE PHOTO: Sony Corp's logo is seen at its news conference in Tokyo, Japan November 1, 2017. REUTERS/Kim Kyung-Hoon

Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system.

Technology News10 hours ago

A general view of the entrance to the OrCam company's office in Jerusalem, February 15, 2018.  REUTERS/Nir Elias

Israel's OrCam, which has developed a visual aid for the blind, has completed a funding round that values the company at $1 billion, putting it on track for a planned initial public offering (IPO), its chief executive said on Tuesday.

Technology Newsan hour ago

Malaysia-based firm HelloGold has received a sharia-compliant certification for its gold-backed cryptocurrency and plans to launch its online gold platform in Thailand later this year, the company said.

Business News3 hours ago

FILE PHOTO: An iPhone X is seen on a large video screen in the new Apple Visitor Center in Cupertino, California, U.S., November 17, 2017. REUTERS/Elijah Nouvelage/File Photo

Samsung Electronics Co <005930.KS> will slash output of its organic light-emitting diode (OLED) panels in response to its customer Apple Inc's <AAPL.O> decision to cut production of iPhone X amid weak demand, the Nikkei reported on Tuesday.

Technology News2 hours ago

Staffing company Adecco <ADEN.S> said on Tuesday it bought U.S.-based online recruitment platform Vettery for an undisclosed sum to increase its footprint in the digital permanent recruitment market.

Technology News9 hours ago

People walk by the U.S. Capitol building in Washington, U.S., February 8, 2018. REUTERS/ Leah Millis

Ten months before the United States votes in its first major election since the 2016 presidential contest, U.S. state election officials huddled in Washington this weekend to swap strategies on dealing with an uninvited guest: Russia.

Business News18 hours ago

FILE PHOTO: 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/File Photo

Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers told Reuters.

Business Newsa day ago

FILE PHOTO: Customers queue to pay as they shop at a Carrefour supermarket in Wuhan, Hubei province December 3, 2011.  REUTERS/Stringer/File Photo

China's tech giants Alibaba Group Holding Ltd <BABA.N> and Tencent Holdings Ltd <0700.HK>, worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers' digital wallets.

Business News6 hours ago

Bank of England Governor Mark Carney speaks during the central bank's quarterly inflation report press conference in the City of London, Britain, February 8, 2018. REUTERS/Victoria Jones/Pool

Bitcoin <BTC=BTSP> has failed as a currency measured by standard benchmarks, and is neither a store of value nor a useful way to buy things, Bank of England Governor Mark Carney said on Monday.

Business News14 hours ago

FILE PHOTO: A photo illustration shows a London taxi passing as the Uber app logo is displayed on a mobile telephone, as it is held up for a posed photograph in central London September 22, 2017. REUTERS/Toby Melville

Taxi app Uber [UBER.UL] is dropping a legal appeal against the introduction of more stringent English language tests for drivers in London after the city's transport regulator said it would water down its stringent proposals.

Technology News16 hours ago

U.N. Secretary General Antonio Guterres gives a speech during a ceremony at Lisbon University where Guterres received his honoris causa degree, Portugal February 19, 2018.   REUTERS/Rafael Marchante

U.N. Secretary General Antonio Guterres called on Monday for global rules to minimize the impact of electronic warfare on civilians as massive cyber attacks look likely to become the first salvoes in future wars.

Technology News19 hours ago

A man walks past a City Union Bank branch in Mumbai, India, February 19, 2018. REUTERS/Francis Mascarenhas

Hackers who tried to steal nearly $2 million from India's City Union Bank this month used tactics similar to those employed in the unsolved cyber heist of $81 million from Bangladesh's central bank in 2016, City's CEO said on Monday.

Business News20 hours ago

The Uber logo is seen on a screen in Singapore August 4, 2017. REUTERS/Thomas White

Singapore's competition commission said on Monday it plans to do further in-depth assessment of the tie-up between the city-state's top taxi operator, ComfortDelGro, and Uber [UBER.UL], after an initial review.

Business News2 days ago

FILE PHOTO: Labourers work behind an advertisement of Reliance Industries Limited at a construction site in Mumbai, India, March 2, 2016.   REUTERS/Shailesh Andrade/File Photo

India's Reliance Industries Ltd and global technology companies will invest 600 billion rupees ($9.34 billion) over 10 years to set up an integrated industrial area in the western state of Maharashtra, the company's chairman Mukesh Ambani said.

Business News2 days ago

The Mercedes star logo of an E Coupe is pictured before the annual news conference of Daimler AG in Stuttgart, Germany, February 2, 2017.   REUTERS/Michaela Rehle

U.S. investigators probing Mercedes maker Daimler <DAIGn.DE> have found that its cars were equipped with software which may have help them to pass diesel emissions tests, a German newspaper reported on Sunday, citing confidential documents.

Cyber Risk2 days ago

FILE PHOTO: A man using a mobile phone passes the logo of global secure financial messaging services cooperative SWIFT at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017.  REUTERS/Chris Helgren /File Photo

India's City Union Bank <CTBK.NS> said on Sunday that "cyber criminals" had hacked its systems and transferred nearly $2 million through three unauthorized remittances to lenders overseas via the SWIFT financial platform.

Technology News2 days ago

An employee shows the logo of ride-hailing company Careem on his mobile in his office in the West Bank city of Ramallah July 17, 2017. Picture taken July 17, 2017. REUTERS/Mohamad Torokman

Careem, a Middle East competitor to Uber Technologies [UBER.UL], said on Sunday it had acquired RoundMenu and would start trialing food delivery services through the restaurant listing and reservation online platform this month.

Technology News2 days ago

FILE PHOTO: Balloons are seen in front of a logo at Facebook's headquarters in London, Britain, December 4, 2017. REUTERS/Toby Melville/File Photo - RC1AE21EBF40

Facebook Inc will start using postcards sent by U.S. mail later this year to verify the identities and location of people who want to purchase U.S. election-related advertising on its site, a senior company executive said on Saturday.

Business News2 days 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 should try to negotiate a sale to Broadcom Ltd following the latter's sweetened $121 billion offer, proxy advisory firm Institutional Shareholder Services Inc (ISS) said.

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