Technology News

Technology News coverage from Reuters.

Technology News2 hours ago

FILE PHOTO: The brand logo of Alphabet Inc's Google is seen outside its office in Beijing, China August 8, 2018. REUTERS/Thomas Peter/File Photo

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.

Business News2 hours ago

A Tesla electric car supercharger station is seen in Los Angeles, California, U.S. August 2, 2018. REUTERS/Lucy Nicholson

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.

Technology Newsan hour ago

FILE PHOTO: An attendee uses a new iPhone X during a presentation for the media in Beijing, China October 31, 2017. REUTERS/Thomas Peter/File Photo

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.

Technology News7 hours ago

Investors protest outside an office of a Chinese online peer-to-peer (P2P) lending platform PPMiao in Shanghai, China August 20, 2018. REUTERS/Aly Song

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.

Technology News3 hours ago

Airport staff write on a white board as Gatwick, Britain's second busiest airport, was forced to post flight information on white boards after an IT glitch meant its digital screens failed in Gatwick, London, Britain, August 20, 2018 in this picture obtained from social media. TWITTER/ @EVDB /via REUTERS

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.

Technology Newsan hour ago

Branding for online fashion house Farfetch is seen at the company headquarters in London, Britain January 31, 2018. REUTERS/Toby Melville

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.

Business News3 days ago

FILE PHOTO: The Tesla logo is seen at the entrance to Tesla Motors' new showroom in Manhattan's Meatpacking District in New York City, U.S., December 14, 2017. REUTERS/Brendan McDermid/File Photo

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.

World News3 days ago

Attendees walk past a Facebook Messenger logo during Facebook Inc's annual F8 developers conference in San Jose, California, U.S. May 1, 2018. REUTERS/Stephen Lam/File Photo

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.

Technology News11 hours ago

FILE PHOTO: CFO Peter Kimpel of Rocket Internet, a German venture capital group, attends the shareholder meeting in Berlin, Germany, June 23, 2015.  REUTERS/Fabrizio Bensch

Rocket Internet's finance chief Peter Kimpel had resigned to pursue a new management challenge, the German company said in a statement on Monday.

Business News3 days ago

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 17, 2018. REUTERS/Brendan McDermid

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.

Technology News2 days ago

FILE PHOTO: The logo of Infosys is pictured inside the company's headquarters in Bengaluru, India, April 13, 2017. REUTERS/Abhishek N. Chinnappa

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.

Technology News3 days ago

Nadiem Makarim, founder of the Indonesian ride-hailing and online payment firm Go-Jek listens during an interview with Reuters at the Go-Jek offices in Jakarta, Indonesia, August 15, 2018. REUTERS/Darren Whiteside

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.

Technology News3 days ago

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.

Business News3 days ago

NVIDIA computer graphic cards are shown for sale at a retail store in San Marcos, California, U.S. August 14, 2018.        REUTERS/Mike Blake

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.

Business News3 days ago

FILE PHOTO: A Tesla sales and service center is shown in Costa Mesa, California, U.S., June 28, 2018.        REUTERS/Mike Blake/File Photo

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.

Technology News3 days ago

FILE PHOTO: Angry Birds characters Bomb, Chuck and Red are pictured during the premiere in Helsinki, Finland, May 11, 2016.  REUTERS/Tuomas Forsell/File Photo

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.

Technology News3 days ago

Uber's East Africa general manager Loic Amado poses for a picture near a vehicle of Uber operating taxi at a parking lot in Nairobi, Kenya February 12, 2018.  REUTERS/Maggie Fick

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.

Business News3 days ago

FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the International Space Station Research and Development Conference in Washington, U.S., July 19, 2017. REUTERS/Aaron P. Bernstein

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.

Technology News3 days ago

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

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.

Business News3 days ago

People are seen walking through Iguatemi shopping mall in Sao Paulo, Brazil August 16, 2018.  REUTERS/Nacho Doce

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.

Technology News2 hours ago

FILE PHOTO: The brand logo of Alphabet Inc's Google is seen outside its office in Beijing, China August 8, 2018. REUTERS/Thomas Peter/File Photo

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.

Business News2 hours ago

A Tesla electric car supercharger station is seen in Los Angeles, California, U.S. August 2, 2018. REUTERS/Lucy Nicholson

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.

Technology Newsan hour ago

FILE PHOTO: An attendee uses a new iPhone X during a presentation for the media in Beijing, China October 31, 2017. REUTERS/Thomas Peter/File Photo

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.

Technology News7 hours ago

Investors protest outside an office of a Chinese online peer-to-peer (P2P) lending platform PPMiao in Shanghai, China August 20, 2018. REUTERS/Aly Song

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.

Technology News3 hours ago

Airport staff write on a white board as Gatwick, Britain's second busiest airport, was forced to post flight information on white boards after an IT glitch meant its digital screens failed in Gatwick, London, Britain, August 20, 2018 in this picture obtained from social media. TWITTER/ @EVDB /via REUTERS

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.

Technology Newsan hour ago

Branding for online fashion house Farfetch is seen at the company headquarters in London, Britain January 31, 2018. REUTERS/Toby Melville

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.

Business News3 days ago

FILE PHOTO: The Tesla logo is seen at the entrance to Tesla Motors' new showroom in Manhattan's Meatpacking District in New York City, U.S., December 14, 2017. REUTERS/Brendan McDermid/File Photo

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.

World News3 days ago

Attendees walk past a Facebook Messenger logo during Facebook Inc's annual F8 developers conference in San Jose, California, U.S. May 1, 2018. REUTERS/Stephen Lam/File Photo

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.

Technology News11 hours ago

FILE PHOTO: CFO Peter Kimpel of Rocket Internet, a German venture capital group, attends the shareholder meeting in Berlin, Germany, June 23, 2015.  REUTERS/Fabrizio Bensch

Rocket Internet's finance chief Peter Kimpel had resigned to pursue a new management challenge, the German company said in a statement on Monday.

Business News3 days ago

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 17, 2018. REUTERS/Brendan McDermid

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.

Technology News2 days ago

FILE PHOTO: The logo of Infosys is pictured inside the company's headquarters in Bengaluru, India, April 13, 2017. REUTERS/Abhishek N. Chinnappa

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.

Technology News3 days ago

Nadiem Makarim, founder of the Indonesian ride-hailing and online payment firm Go-Jek listens during an interview with Reuters at the Go-Jek offices in Jakarta, Indonesia, August 15, 2018. REUTERS/Darren Whiteside

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.

Technology News3 days ago

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.

Business News3 days ago

NVIDIA computer graphic cards are shown for sale at a retail store in San Marcos, California, U.S. August 14, 2018.        REUTERS/Mike Blake

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.

Business News3 days ago

FILE PHOTO: A Tesla sales and service center is shown in Costa Mesa, California, U.S., June 28, 2018.        REUTERS/Mike Blake/File Photo

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.

Technology News3 days ago

FILE PHOTO: Angry Birds characters Bomb, Chuck and Red are pictured during the premiere in Helsinki, Finland, May 11, 2016.  REUTERS/Tuomas Forsell/File Photo

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.

Technology News3 days ago

Uber's East Africa general manager Loic Amado poses for a picture near a vehicle of Uber operating taxi at a parking lot in Nairobi, Kenya February 12, 2018.  REUTERS/Maggie Fick

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.

Business News3 days ago

FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the International Space Station Research and Development Conference in Washington, U.S., July 19, 2017. REUTERS/Aaron P. Bernstein

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.

Technology News3 days ago

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

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.

Business News3 days ago

People are seen walking through Iguatemi shopping mall in Sao Paulo, Brazil August 16, 2018.  REUTERS/Nacho Doce

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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