Technology News

Technology News coverage from Reuters.

Business News5 hours ago

The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson

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.

Business News3 hours ago

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

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.

Business News15 minutes ago

FILE PHOTO: Elon Musk arrives to speak at Boring Company community meeting in Bel Air, Los Angeles, California, U.S. May 17, 2018. REUTERS/Lucy Nicholson/File Photo

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.

Technology News7 hours ago

FILE PHOTO: The logo of Amazon.com Inc is seen in Sao Paulo, Brazil October 17, 2017.  REUTERS/Paulo Whitaker/File Photo

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.

Technology News4 hours ago

A former Apple Inc employee pleaded not guilty on Monday after federal prosecutors filed an indictment accusing him of stealing trade secrets.

Technology News10 minutes ago

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.

Technology News3 hours ago

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.

Technology News2 hours ago

FILE PHOTO: Logo of Didi Chuxing is seen at its headquarters building in Beijing, China, May 18, 2016. REUTERS/Kim Kyung-Hoon

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.

Technology News4 hours ago

A woman uses the internet on her mobile phone at a hotspot in Havana, Cuba, July 10, 2018. REUTERS/Stringer

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.

Fintech8 hours ago

A woman explains how bitpay, a company designed to help companies use virtual currency, to an attendee during the "Inside Bitcoins: The Future of Virtual Currency Conference" in New York April 8, 2014. REUTERS/Lucas Jackson

The New York Department of Financial Services (DFS) said on Monday it had granted a virtual currency license to bitcoin payments processor BitPay.

Business News3 hours ago

FILE PHOTO: A view of the new Amazon logistic center with the company's logo in Dortmund, Germany November 14, 2017. REUTERS/Thilo Schmuelgen

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.

Business News10 hours 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

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.

Technology News10 hours ago

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.

Business News12 hours ago

FILE PHOTO: Silhouettes of laptop and mobile device users are seen next to a screen projection of Google logo in this picture illustration taken March 28, 2018.  REUTERS/Dado Ruvic/Illustration/File Photo

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.

Fintech13 hours ago

FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson

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.

Technology News14 hours ago

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.

Technology News15 hours ago

FILE PHOTO: The Salesforce logo is pictured on a building in San Francisco, California, U.S. October 12, 2016. REUTERS/Lily Jamali

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.

Technology News15 hours ago

Workers operate a drone to survey high-voltage power lines of electric company Westnetz near Wilnsdorf, Germany, July 11, 2018. REUTERS/Ralph Orlowski

Flying robots that can travel dozens of kilometers without stopping could be the next big thing for power companies.

Fintech19 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. REUTERS/Dado Ruvic/File Photo

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.

Business Newsa day ago

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

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.

Business News5 hours ago

The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson

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.

Business News3 hours ago

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

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.

Business News15 minutes ago

FILE PHOTO: Elon Musk arrives to speak at Boring Company community meeting in Bel Air, Los Angeles, California, U.S. May 17, 2018. REUTERS/Lucy Nicholson/File Photo

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.

Technology News7 hours ago

FILE PHOTO: The logo of Amazon.com Inc is seen in Sao Paulo, Brazil October 17, 2017.  REUTERS/Paulo Whitaker/File Photo

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.

Technology News4 hours ago

A former Apple Inc employee pleaded not guilty on Monday after federal prosecutors filed an indictment accusing him of stealing trade secrets.

Technology News10 minutes ago

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.

Technology News3 hours ago

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.

Technology News2 hours ago

FILE PHOTO: Logo of Didi Chuxing is seen at its headquarters building in Beijing, China, May 18, 2016. REUTERS/Kim Kyung-Hoon

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.

Technology News4 hours ago

A woman uses the internet on her mobile phone at a hotspot in Havana, Cuba, July 10, 2018. REUTERS/Stringer

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.

Fintech8 hours ago

A woman explains how bitpay, a company designed to help companies use virtual currency, to an attendee during the "Inside Bitcoins: The Future of Virtual Currency Conference" in New York April 8, 2014. REUTERS/Lucas Jackson

The New York Department of Financial Services (DFS) said on Monday it had granted a virtual currency license to bitcoin payments processor BitPay.

Business News3 hours ago

FILE PHOTO: A view of the new Amazon logistic center with the company's logo in Dortmund, Germany November 14, 2017. REUTERS/Thilo Schmuelgen

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.

Business News10 hours 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

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.

Technology News10 hours ago

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.

Business News12 hours ago

FILE PHOTO: Silhouettes of laptop and mobile device users are seen next to a screen projection of Google logo in this picture illustration taken March 28, 2018.  REUTERS/Dado Ruvic/Illustration/File Photo

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.

Fintech13 hours ago

FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson

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.

Technology News14 hours ago

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.

Technology News15 hours ago

FILE PHOTO: The Salesforce logo is pictured on a building in San Francisco, California, U.S. October 12, 2016. REUTERS/Lily Jamali

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.

Technology News15 hours ago

Workers operate a drone to survey high-voltage power lines of electric company Westnetz near Wilnsdorf, Germany, July 11, 2018. REUTERS/Ralph Orlowski

Flying robots that can travel dozens of kilometers without stopping could be the next big thing for power companies.

Fintech19 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. REUTERS/Dado Ruvic/File Photo

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.

Business Newsa day ago

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

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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