Technology News
Technology News coverage from Reuters.
Chipmaker AMS reported first-quarter sales toward the lower end of its guidance range on Monday and warned of a downturn owing to weaker orders from one of its main customers.
Chinese funds have slashed valuations of ZTE Corp after the United States banned American companies from selling components to the telecoms equipment maker for seven years, a move ZTE said threatened its very survival.
Netflix Inc said on Monday it planned to raise $1.5 billion in debt, the second time the company is tapping the debt market in less than a year to fuel a rapid expansion in original content.
That the personal data of tens of millions of Facebook <FB.O> users fell into the wrong hands is troubling politicians, but Germany's top competition regulator is questioning the sheer volume of information that the social network harvests.
EU antitrust regulators opened an investigation on Monday into Apple's bid for British music discovery app Shazam, concerned the deal might give the iPhone maker an unfair advantage in poaching users from its rivals.
Careem, Uber's main ride-hailing app rival in the Middle East, was hit by a cyber attack that compromised the data of 14 million users, it said on Monday.
Chinese battery maker Tianjin Lishen plans to open a sales office in Germany, its first in Europe, and is in talks to supply local auto makers with batteries used to power electric vehicles, a source at the company told Reuters.
Volvo Trucks plans to share battery technology across its brands to tame development and production costs for the crucial but expensive component, as the world's second-largest truck maker ramps up electric offerings, the company told Reuters on Monday.
Chinese ride-hailing firm Didi Chuxing on Monday began offering its service in the Mexican city of Toluca, the company said, setting up a potentially costly battle with rival Uber Technologies Inc [UBER.UL] in a key Latin American market.
Hundreds of Indonesian motorcycle taxi drivers working for start-ups Grab and Go-Jek called on Monday for an end to low online fares and demanded tighter regulation of ride-hailing companies.
Deutsche Telekom unit T-Systems should return to profitability in 2020 as the company undergoes a digital makeover, new Chief Executive Adel Al-Saleh said on Monday at the Hannover Trade Fair.
Toshiba Corp <6502.T> said on Monday it is still aiming to complete the sale of its memory chip business soon, following media reports it had decided to cancel the $18.6 billion sale if it did not get approval from Chinese regulators by May.
The head of Australia's competition regulator said on Monday it will scrutinize contracts between Uber Technologies Inc [UBER.UL] and restaurants that use its food delivery app Uber Eats.
Britain's financial firms need to pull together to fight cyber crime, working with government and law enforcement to attack criminals' infrastructure and put them out of business, a report by KPMG and industry body UK Finance said on Monday.
Iran's central bank has banned the country's banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, the state news agency IRNA reported on Sunday as the country tries to halt a currency crisis.
Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five years, as it moves to broaden offerings in the segment and foray into areas such as fresh produce.
Malaysian regulators will look into the activity of automated accounts on Twitter, known as bots, in the run-up to a general election if they get complaints about them, the communications and multimedia minister said.
Japan's Toshiba Corp has decided it will cancel the planned $18.6 billion sale of its memory chip unit if it does not get approval from China's anti-monopoly regulator by May, the Mainichi newspaper said on Sunday.
Behind the apartment's curtain, a tough guy is boxing, throwing left and right hooks and jabs, and lunging forward, enough to make any passing criminal think twice before breaking in.
A telecommunications standards organization - GSMA - said on Saturday it is delaying implementation of a new cellphone technology due to a U.S. government probe of alleged coordination between the group, AT&T Inc <T.N> and Verizon Communications Inc <VZ.N> to hinder consumers from easily switching wireless carriers.
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