Technology News

Technology News coverage from Reuters.

Business Newsan hour ago

European Competition Commissioner Margrethe Vestager addresses a news conference on Google in Brussels, Belgium, July 18, 2018. REUTERS/Yves Herman

EU antitrust regulators hit Google with a record 4.34 billion euro ($5 billion) fine on Wednesday for using its Android mobile operating system to squeeze out rivals, and Google said it would appeal.

Business News2 hours ago

FILE PHOTO: The logo of Amazon is pictured inside the company's office in Bengaluru, India, April 20, 2018. Picture taken April 20, 2018. REUTERS/Abhishek N. Chinnappa

Amazon.com Inc <AMZN.O> said online shoppers purchased more than 100 million products worldwide during its Prime Day sale, despite glitches on its mobile app and websites that prevented customers from placing orders.

Technology News7 hours ago

FILE PHOTO: The logo of Google is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018. REUTERS/Charles Platiau

Alphabet Inc's Google said on Wednesday it has launched an artificial intelligence (AI) game on Tencent Holdings Ltd social media app WeChat, as the company continues to show tentative signs of re-entering China's consumer market.

Business News17 minutes ago

FILE PHOTO: A Tesla car 'Model S' sits in a dealership in Berlin, Germany, November 18, 2015. REUTERS/Hannibal Hanschke/File Photo

Germany has said 1,050 owners of the Tesla Model S must forgo a 2,000 euro electric car subsidy because the value of their vehicles surpasses an eligibility threshold.

Business Newsan hour 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 has hired an ex-adviser to former British prime minister David Cameron to lead the ride-hailing firm's lobbying efforts in northern Europe, less than a month after the company won a reprieve to operate in London.

Technology Newsan hour ago

FILE PHOTO: The logo of Amazon is seen on a building in San Jose, Costa Rica March 21, 2018. REUTERS/Juan Carlos Ulate

Amazon.com Inc is in early talks to invest in Indian pharmacy chain MedPlus, Indian news website FactorDaily reported on Tuesday, citing sources.

Business News38 minutes ago

FILE PHOTO: The logo of Alibaba Group is seen inside the company's newly-launched office in Kuala Lumpur, Malaysia June 18, 2018. REUTERS/Lai Seng Sin

Chinese e-commerce giant Alibaba Group Holding Ltd <BABA.N> on Wednesday said it has agreed to acquire a minority stake in China's Focus Media Information Technology Co Ltd <002027.SZ> to tap into the digital marketing sector.

Technology News3 hours ago

FILE PHOTO: SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017.   REUTERS/Ralph Orlowski/File Photo

Germany-based SAP's late push into fast-growing sales and marketing software has won Europe's most valuable technology company plaudits from industry analysts. Now it must show it can deliver.

Technology News5 hours ago

Southeast Asia's Grab is jointly investing S$6 million ($4.4 million) with the National University of Singapore to launch an artificial intelligence (AI) laboratory to help improve the efficiency and utilization of vehicles on its platform.

Technology News6 hours ago

Bigtree Entertainment Pvt Ltd, owner of online movie and events ticketing portal BookMyShow, on Wednesday said it has raised $100 million in its latest round of funding from a group of investors.

Technology News35 minutes ago

FILE PHOTO: The logo of America Movill is seen on a wall at the company's corporate offices in Mexico City, Mexico March 14, 2018. REUTERS/Carlos Jasso/File Photo

America Movil, Latin America's largest telecoms firm by number of subscribers, said on Wednesday that it is still evaluating whether to participate in the sale of Brazil's Cemig Telecom.

Business News2 hours ago

The logo of Google is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018. REUTERS/Charles Platiau

The French government said on Wednesday that it welcomed the record 4.34 billion euros ($5 billion) fine imposed on Google by European Union regulators, with a government spokesman describing it as an "excellent decision".

Business News2 hours ago

FILE PHOTO - A 3D printed Android mascot Bugdroid is seen in front of a Google logo in this illustration taken July 9, 2017. Picture taken July 9, 2017.  REUTERS/Dado Ruvic/Illustration/r/File Photo

Google said it will appeal against a record 4.34-billion-euro ($5.04 billion) fine levied by EU antitrust regulators on Wednesday over illegal restrictions on Android smartphone makers and mobile network operators.

Business News2 hours ago

European Competition Commissioner Margrethe Vestager addresses a news conference on Google in Brussels, Belgium, July 18, 2018. REUTERS/Yves Herman

EU Competition Commissioner Margrethe Vestager said she "very much liked" the United States, countering a reported remark by President Donald Trump that she "hated" the country because of her antitrust actions against U.S. firms.

Business News2 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

BRUSSELS - Alphabet unit Google was hit with a record-breaking 4.34 billion euro ($5.04 billion) fine on Wednesday, topping the 2.4 billion euros it was ordered to pay in another case last year.

Business News7 hours ago

FILE PHOTO: A logo of Toshiba Corp is seen outside an electronics retail store in Tokyo, Japan, February 14, 2017.      REUTERS/Toru Hanai/File Photo

A U.S. appeals court gave investors in Toshiba Corp's U.S.-listed securities another chance to show they suffered losses because the Japanese industrial conglomerate misled them about its internal controls before a 2015 accounting scandal.

Business News7 hours ago

FILE PHOTO: European Competition Commissioner Margrethe Vestager holds a news conference at the EU Commission's headquarters in Brussels, Belgium October 4, 2017. REUTERS/Francois Lenoir/File Photo

EU antitrust chief Margrethe Vestager will brief Google CEO Sundar Pichai by telephone later on Tuesday on her ruling on the company's Android mobile operating system, a person familiar with the matter said.

Business News11 hours ago

A man walks by under an Uber logo in Mexico City, Mexico February 6, 2018. Picture taken on February 6, 2018. REUTERS/Carlos Jasso/File Photo

Uber Technologies Inc said on Tuesday that it has invested more than $500 million in Mexico since it launched there in 2013, underscoring the country's importance to the ride-hailing firm as it faces new competition.

Technology News15 hours ago

FILE PHOTO: The logo of America Movill is seen on a wall at the company's corporate offices in Mexico City, Mexico March 14, 2018. REUTERS/Carlos Jasso/File Photo

Mexico's America Movil, the largest telecommunications firm in Latin America by number of subscribers, saw its net profit slide 94 percent in the second quarter, hammered by currency-related swings.

Technology News16 hours ago

FILE PHOTO: The Netflix logo is pictured on a television in this illustration photograph taken in Encinitas, California, U.S., January 18, 2017.  REUTERS/Mike Blake/File Photo

The number of Britons subscribing to TV services like Netflix, Amazon and Sky's NOW TV, has overtaken traditional satellite and cable TV for the first time, media regulator Ofcom said on Wednesday.

Business Newsan hour ago

European Competition Commissioner Margrethe Vestager addresses a news conference on Google in Brussels, Belgium, July 18, 2018. REUTERS/Yves Herman

EU antitrust regulators hit Google with a record 4.34 billion euro ($5 billion) fine on Wednesday for using its Android mobile operating system to squeeze out rivals, and Google said it would appeal.

Business News2 hours ago

FILE PHOTO: The logo of Amazon is pictured inside the company's office in Bengaluru, India, April 20, 2018. Picture taken April 20, 2018. REUTERS/Abhishek N. Chinnappa

Amazon.com Inc <AMZN.O> said online shoppers purchased more than 100 million products worldwide during its Prime Day sale, despite glitches on its mobile app and websites that prevented customers from placing orders.

Technology News7 hours ago

FILE PHOTO: The logo of Google is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018. REUTERS/Charles Platiau

Alphabet Inc's Google said on Wednesday it has launched an artificial intelligence (AI) game on Tencent Holdings Ltd social media app WeChat, as the company continues to show tentative signs of re-entering China's consumer market.

Business News17 minutes ago

FILE PHOTO: A Tesla car 'Model S' sits in a dealership in Berlin, Germany, November 18, 2015. REUTERS/Hannibal Hanschke/File Photo

Germany has said 1,050 owners of the Tesla Model S must forgo a 2,000 euro electric car subsidy because the value of their vehicles surpasses an eligibility threshold.

Business Newsan hour 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 has hired an ex-adviser to former British prime minister David Cameron to lead the ride-hailing firm's lobbying efforts in northern Europe, less than a month after the company won a reprieve to operate in London.

Technology Newsan hour ago

FILE PHOTO: The logo of Amazon is seen on a building in San Jose, Costa Rica March 21, 2018. REUTERS/Juan Carlos Ulate

Amazon.com Inc is in early talks to invest in Indian pharmacy chain MedPlus, Indian news website FactorDaily reported on Tuesday, citing sources.

Business News38 minutes ago

FILE PHOTO: The logo of Alibaba Group is seen inside the company's newly-launched office in Kuala Lumpur, Malaysia June 18, 2018. REUTERS/Lai Seng Sin

Chinese e-commerce giant Alibaba Group Holding Ltd <BABA.N> on Wednesday said it has agreed to acquire a minority stake in China's Focus Media Information Technology Co Ltd <002027.SZ> to tap into the digital marketing sector.

Technology News3 hours ago

FILE PHOTO: SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017.   REUTERS/Ralph Orlowski/File Photo

Germany-based SAP's late push into fast-growing sales and marketing software has won Europe's most valuable technology company plaudits from industry analysts. Now it must show it can deliver.

Technology News5 hours ago

Southeast Asia's Grab is jointly investing S$6 million ($4.4 million) with the National University of Singapore to launch an artificial intelligence (AI) laboratory to help improve the efficiency and utilization of vehicles on its platform.

Technology News6 hours ago

Bigtree Entertainment Pvt Ltd, owner of online movie and events ticketing portal BookMyShow, on Wednesday said it has raised $100 million in its latest round of funding from a group of investors.

Technology News35 minutes ago

FILE PHOTO: The logo of America Movill is seen on a wall at the company's corporate offices in Mexico City, Mexico March 14, 2018. REUTERS/Carlos Jasso/File Photo

America Movil, Latin America's largest telecoms firm by number of subscribers, said on Wednesday that it is still evaluating whether to participate in the sale of Brazil's Cemig Telecom.

Business News2 hours ago

The logo of Google is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018. REUTERS/Charles Platiau

The French government said on Wednesday that it welcomed the record 4.34 billion euros ($5 billion) fine imposed on Google by European Union regulators, with a government spokesman describing it as an "excellent decision".

Business News2 hours ago

FILE PHOTO - A 3D printed Android mascot Bugdroid is seen in front of a Google logo in this illustration taken July 9, 2017. Picture taken July 9, 2017.  REUTERS/Dado Ruvic/Illustration/r/File Photo

Google said it will appeal against a record 4.34-billion-euro ($5.04 billion) fine levied by EU antitrust regulators on Wednesday over illegal restrictions on Android smartphone makers and mobile network operators.

Business News2 hours ago

European Competition Commissioner Margrethe Vestager addresses a news conference on Google in Brussels, Belgium, July 18, 2018. REUTERS/Yves Herman

EU Competition Commissioner Margrethe Vestager said she "very much liked" the United States, countering a reported remark by President Donald Trump that she "hated" the country because of her antitrust actions against U.S. firms.

Business News2 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

BRUSSELS - Alphabet unit Google was hit with a record-breaking 4.34 billion euro ($5.04 billion) fine on Wednesday, topping the 2.4 billion euros it was ordered to pay in another case last year.

Business News7 hours ago

FILE PHOTO: A logo of Toshiba Corp is seen outside an electronics retail store in Tokyo, Japan, February 14, 2017.      REUTERS/Toru Hanai/File Photo

A U.S. appeals court gave investors in Toshiba Corp's U.S.-listed securities another chance to show they suffered losses because the Japanese industrial conglomerate misled them about its internal controls before a 2015 accounting scandal.

Business News7 hours ago

FILE PHOTO: European Competition Commissioner Margrethe Vestager holds a news conference at the EU Commission's headquarters in Brussels, Belgium October 4, 2017. REUTERS/Francois Lenoir/File Photo

EU antitrust chief Margrethe Vestager will brief Google CEO Sundar Pichai by telephone later on Tuesday on her ruling on the company's Android mobile operating system, a person familiar with the matter said.

Business News11 hours ago

A man walks by under an Uber logo in Mexico City, Mexico February 6, 2018. Picture taken on February 6, 2018. REUTERS/Carlos Jasso/File Photo

Uber Technologies Inc said on Tuesday that it has invested more than $500 million in Mexico since it launched there in 2013, underscoring the country's importance to the ride-hailing firm as it faces new competition.

Technology News15 hours ago

FILE PHOTO: The logo of America Movill is seen on a wall at the company's corporate offices in Mexico City, Mexico March 14, 2018. REUTERS/Carlos Jasso/File Photo

Mexico's America Movil, the largest telecommunications firm in Latin America by number of subscribers, saw its net profit slide 94 percent in the second quarter, hammered by currency-related swings.

Technology News16 hours ago

FILE PHOTO: The Netflix logo is pictured on a television in this illustration photograph taken in Encinitas, California, U.S., January 18, 2017.  REUTERS/Mike Blake/File Photo

The number of Britons subscribing to TV services like Netflix, Amazon and Sky's NOW TV, has overtaken traditional satellite and cable TV for the first time, media regulator Ofcom said on Wednesday.

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