Technology News
Technology News coverage from Reuters.
Netflix Inc's subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company's rapid expansion is slowing.
International Business Machines Corp on Monday asked a U.S. jury to award it $167 million in a lawsuit accusing e-commerce marketplace operator Groupon Inc of using patented technology without authorization.
Shares of Tesla Inc fell over 3.5 percent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cavers involved in the rescue of 12 Thai children last week.
Amazon.com Inc <AMZN.O> on Monday said it was working to fix a technical issue that had prevented some shoppers from placing orders during the company's summer marketing event, Prime Day.
A former Apple Inc employee pleaded not guilty on Monday after federal prosecutors filed an indictment accusing him of stealing trade secrets.
Hong Kong's banking regulator and seven banks, including HSBC Holdings PLC <HSBA.L> <0005.HK> and Standard Chartered PLC <STAN.L> <2888.HK>, on Tuesday said they will jointly launch a trade finance platform in September using blockchain technology.
Private equity firm KKR & Co <KKR.N> said on Monday it will acquire a minority stake in AppLovin Corp for $400 million, just months after the U.S. mobile marketing firm was forced by Washington to scrap a deal to be acquired by a Chinese buyout firm.
Chinese ride-hailing giant Didi Chuxing Technology Co Ltd is looking to spin off its car services unit in a deal worth up to $1.5 billion ahead of its expected initial public offering, people with direct knowledge of the matter told Reuters.
Communist-run Cuba has started providing internet on the mobile phones of select users as it aims to roll out the service nationwide by year-end, in a further step toward opening one of the Western Hemisphere's least connected countries.
The New York Department of Financial Services (DFS) said on Monday it had granted a virtual currency license to bitcoin payments processor BitPay.
Thousands of workers will walk off the job on Tuesday at Amazon warehouses in Germany to demand better working conditions, joining colleagues in Spain and Poland in taking action that coincides with a major sales promotion.
Uber Technologies Inc is under investigation by the U.S. Equal Employment Opportunity Commission for alleged gender discrimination on issues such as pay, according to a source familiar with the matter.
Chinese online group discounter Pinduoduo is planning to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what will be one of the biggest U.S. float by Chinese firms in four years.
Google <GOOGL.O> is set to face a record-busting EU antitrust fine this week over its Android mobile operating system but rivals hoping that an order to halt unfair business practices will help them may be disappointed.
BlackRock Inc <BLK.N> Chief Executive Larry Fink on Monday said the world's largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies such as bitcoin, but cautioned he does not see massive investor demand.
India's telecom regulator on Monday said the existing framework for protection of personal data by companies and service providers was insufficient and recommended stricter rules to tackle data breaches.
U.S. sales and marketing software company Salesforce <CRM.N> said on Monday it signed an agreement to acquire Datorama, an Israeli cloud-based artificial intelligence marketing platform.
Flying robots that can travel dozens of kilometers without stopping could be the next big thing for power companies.
Global regulators have published a framework for "vigilantly" monitoring risks from crypto assets like bitcoin <BTC=BTSP> and ether, even though they don't pose a major risk to financial stability for now.
Investors on Monday cheered the lifting of a U.S. supplier ban on China's ZTE Corp <0763.HK>, pushing its shares up 17 percent, though analysts cautioned the telecommunications equipment maker still faced many challenges as it works to revive its business.
Netflix Inc's subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company's rapid expansion is slowing.
International Business Machines Corp on Monday asked a U.S. jury to award it $167 million in a lawsuit accusing e-commerce marketplace operator Groupon Inc of using patented technology without authorization.
Shares of Tesla Inc fell over 3.5 percent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cavers involved in the rescue of 12 Thai children last week.
Amazon.com Inc <AMZN.O> on Monday said it was working to fix a technical issue that had prevented some shoppers from placing orders during the company's summer marketing event, Prime Day.
A former Apple Inc employee pleaded not guilty on Monday after federal prosecutors filed an indictment accusing him of stealing trade secrets.
Hong Kong's banking regulator and seven banks, including HSBC Holdings PLC <HSBA.L> <0005.HK> and Standard Chartered PLC <STAN.L> <2888.HK>, on Tuesday said they will jointly launch a trade finance platform in September using blockchain technology.
Private equity firm KKR & Co <KKR.N> said on Monday it will acquire a minority stake in AppLovin Corp for $400 million, just months after the U.S. mobile marketing firm was forced by Washington to scrap a deal to be acquired by a Chinese buyout firm.
Chinese ride-hailing giant Didi Chuxing Technology Co Ltd is looking to spin off its car services unit in a deal worth up to $1.5 billion ahead of its expected initial public offering, people with direct knowledge of the matter told Reuters.
Communist-run Cuba has started providing internet on the mobile phones of select users as it aims to roll out the service nationwide by year-end, in a further step toward opening one of the Western Hemisphere's least connected countries.
The New York Department of Financial Services (DFS) said on Monday it had granted a virtual currency license to bitcoin payments processor BitPay.
Thousands of workers will walk off the job on Tuesday at Amazon warehouses in Germany to demand better working conditions, joining colleagues in Spain and Poland in taking action that coincides with a major sales promotion.
Uber Technologies Inc is under investigation by the U.S. Equal Employment Opportunity Commission for alleged gender discrimination on issues such as pay, according to a source familiar with the matter.
Chinese online group discounter Pinduoduo is planning to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what will be one of the biggest U.S. float by Chinese firms in four years.
Google <GOOGL.O> is set to face a record-busting EU antitrust fine this week over its Android mobile operating system but rivals hoping that an order to halt unfair business practices will help them may be disappointed.
BlackRock Inc <BLK.N> Chief Executive Larry Fink on Monday said the world's largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies such as bitcoin, but cautioned he does not see massive investor demand.
India's telecom regulator on Monday said the existing framework for protection of personal data by companies and service providers was insufficient and recommended stricter rules to tackle data breaches.
U.S. sales and marketing software company Salesforce <CRM.N> said on Monday it signed an agreement to acquire Datorama, an Israeli cloud-based artificial intelligence marketing platform.
Flying robots that can travel dozens of kilometers without stopping could be the next big thing for power companies.
Global regulators have published a framework for "vigilantly" monitoring risks from crypto assets like bitcoin <BTC=BTSP> and ether, even though they don't pose a major risk to financial stability for now.
Investors on Monday cheered the lifting of a U.S. supplier ban on China's ZTE Corp <0763.HK>, pushing its shares up 17 percent, though analysts cautioned the telecommunications equipment maker still faced many challenges as it works to revive its business.
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