Technology News

Technology News coverage from Reuters.

Technology News3 hours ago

Mike Schroepfer, Chief Technical Officer of Facebook, gives evidence to Parliament's Digital, Culture, Media and Sport Committee in Westminster, London, Britain April 26, 2018. Parliament TV handout via REUTERS

A top Facebook executive apologized for errors made by the firm and vowed to do more to improve transparency during a four-hour grilling on Thursday from British lawmakers who insisted the company's response to a data scandal had been inadequate.

Technology Newsan hour ago

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

Democrats and Republicans in the U.S. House of Representatives on Thursday sparred over the role of social media platforms Facebook, Google and Twitter in filtering content after representatives of the tech companies skipped a hearing.

Business News32 minutes ago

FILE PHOTO: The Microsoft logo is pictured at a service centre in New Delhi, India, April 5, 2018. REUTERS/Saumya Khandelwal/File Photo

Microsoft Corp <MSFT.O> on Thursday topped Wall Street forecasts for quarterly profit as the technology company signed up more businesses to its Azure cloud computing services and Office 365 productivity suite.

Business News12 minutes ago

FILE PHOTO: The logo of Amazon is pictured inside the company's office in Bengaluru, India, April 20, 2018. REUTERS/Abhishek N. Chinnappa/File Photo Inc's <AMZN.O> march in retail and cloud computing showed no sign of slowing on Thursday, as the company reported a surge in first-quarter profit and a rosy outlook for the spring, both ahead of expectations.

Technology News23 minutes ago

An advertisement for the Square Inc payment processor is seen outside a vendors site along the High Line in New York March 9, 2016. REUTERS/Shannon Stapleton

Square Inc, the payments company led by Twitter Inc Chief Executive Officer Jack Dorsey, will acquire website building startup Weebly, the company said on Thursday.

Technology News15 minutes ago

FILE PHOTO: The Intel logo is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S., June 13, 2017.  REUTERS/Mike Blake/File Photo

Intel Corp <INTC.O> beat earnings expectations for the first quarter and raised its full-year revenue and profit forecasts on Thursday, driven by higher demand for chips from data centers and personal computers.

Business News5 hours ago

FILE PHOTO: The Netflix logo is shown in this illustration photograph in Encinitas, California, U.S., on October 14, 2014.   REUTERS/Mike Blake/File Photo

EU lawmakers and member states on Thursday struck a preliminary deal that will allow countries to force online streaming services including Netflix <NFLX.O> and Amazon's <AMZN.O> video service to help fund European films and TV shows.

Technology Newsan hour ago

FILE PHOTO: A Western Digital office building under construction is shown in Irvine, California, U.S., January 24, 2017.   REUTERS/Mike Blake/File Photo

Western Digital Corp reported better-than-expected profit and revenue on Thursday, as the demand for its memory chips used in smartphones and personal computers rose.

Technology News30 minutes ago

FILE PHOTO: Baidu's company logo is seen at its headquarters in Beijing December 17, 2014. REUTERS/Kim Kyung-Hoon/File Photo

Chinese internet search giant Baidu Inc's quarterly profit topped analysts' forecasts, led by growth in its online advertising business.

Technology News8 hours ago

A new transforming robot called "J-deite RIDE" that transforms itself into a passenger vehicle, developed by Brave Robotics Inc, Asratec Corp and Sansei Technologies Inc, is unveiled at a factory near Tokyo, Japan, April 25, 2018. REUTERS/Toru Hanai

A Transformers-style, humanoid robot that can shape shift into a sports car in about 60 seconds was unveiled in Japan on Wednesday.

Business News4 hours ago

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

As Europe nears tough new privacy rules, Facebook <FB.O> reckons the worst that could happen is that users will share less data, making it harder to target ads on the social network that raked in revenues of $12 billion in the first quarter.

Business News5 hours ago

An advertisement promotes Tesla Autopilot at a showroom of U.S. car manufacturer Tesla in Zurich, Switzerland March 28, 2018. REUTERS/Arnd Wiegmann

Tesla Inc's <TSLA.O> Autopilot chief Jim Keller is leaving the electric vehicle manufacturer to join chipmaker Intel Corp <INTC.O>.

Technology News6 hours ago

FILE PHOTO: A cyclist rides past a Nokia logo during the Mobile World Congress in Barcelona, Spain February 25, 2018. REUTERS/Yves Herman/File Photo

Nokia posted a big drop in profits at its mainstay network equipment business as operators, particularly in North America held off spending, but it sees momentum building later in 2018 as the market for next-generation 5G networks takes off.

Technology News7 hours ago

Figurines are seen in front of the Facebook logo in this illustration taken March 20, 2018. REUTERS/Dado Ruvic

Facebook <FB.O> will review how it operates in Myanmar and needs more policy people on the ground, its chief technology officer said on Thursday, after criticism that the platform has inflamed ethnic violence there.

Technology News8 hours ago

Facebook CEO Mark Zuckerberg testifies before a House Energy and Commerce Committee hearing regarding the company's use and protection of user data on Capitol Hill in Washington. REUTERS/Leah Millis

The buck stops with Facebook chief executive Mark Zuckerberg when it comes to the fallout from a recent data scandal that has impacted millions of users, the firm's chief technology officer told UK lawmakers.

Technology News8 hours ago

Men look at their mobile phones as they walk on the esplanade of La Defense in the financial and business district of La Defense, west of Paris, France March 26, 2018. REUTERS/Gonzalo Fuentes

Tech giants such as Facebook and Google must step up efforts to tackle the spread of fake news online in the next few months or potentially face further EU regulation, as concerns mount over election interference.

Technology News9 hours ago

The logo of Uber is pictured during the presentation of their new security measures in Mexico City, Mexico April 10, 2018. REUTERS/Ginnette Riquelme

Uber on Thursday plans to announce changes to how it rewards cyber researchers who report flaws in its software, a company executive told Reuters, as part of the ride-hailing firm's response to concerns raised about the way it handled a data breach in 2016.

Business News10 hours ago

FILE PHOTO: Employees work at a production line in the clean room of Semiconductor Manufacturing International Corporation (SMIC) in Shanghai February 25, 2008. REUTERS/ Nir Elias

China's state-backed semiconductor fund is near to closing a 120 billion yuan ($18.98 billion)investment round for a second fund to support the domestic chip sector and help cut reliance on imports amid a bruising trade standoff with the United States.

Technology News10 hours ago

A figurine is seen in front of the Facebook logo in this illustration taken March 20, 2018. REUTERS/Dado Ruvic

Facebook did not intend its behavior toward the media to be interpreted as trying to stop the truth about a data scandal from coming out, the company's chief technology officer said on Thursday.

Technology News10 hours ago

Political adverts are not an important revenue stream for Facebook so decisions on the issue are not about money, the company's chief technology officer said on Thursday.

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