Technology News
Technology News coverage from Reuters.
Uber cut its losses almost in half and its ride bookings jumped 51 percent since one year ago, the Silicon Valley ride-services firm said on Wednesday, showing that months of scandal and retreating from overseas markets have not slowed its business.
Facebook is unlikely to compensate the 2.7 million European users whose data was improperly shared with political consultancy Cambridge Analytica because sensitive bank account data had not been shared, the company said on Wednesday.
Negative news stories about Tesla Inc have hit "fever pitch", but the electric carmaker's stock price is likely to surge as output of its Model 3 sedan improves, according to an analyst research report.
Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday.
Hackers have infected at least 500,000 routers and storage devices in dozens of countries, some of the world's biggest cyber security firms warned on Wednesday, in a campaign that Ukraine said was preparation for a future Russian cyber attack.
Tesla Inc's Model 3 sedan recorded more registrations in California than its class rivals BMW 3-Series and Mercedes C-Class in the first quarter, according to a report by the California New Car Dealers Association (CNCDA). Model 3 registrations totaled 3,723, or 14.3 percent of the near-luxury segment, compared with 3,323 for the Mercedes variant and 3,260 for the BMW model, the CNCDA report said.
French President Emmanuel Macron told executives from the world's biggest technology firms that he believed in innovation but that he wanted tougher regulations and for them to contribute more to society.
Italy's communications regulator AGCOM said on Wednesday the government would auction frequencies for fifth-generation mobile services in September, in a move it expects to raise at least 2.5 billion euros ($2.9 billion) for state coffers.
Activists in Amsterdam on Wednesday launched the 'Datavakbond' or "data labor union", which hopes to elect leaders to negotiate directly with Facebook and Google over what they do with users' data.
Bui Mai Phuong is an avid online shopper, ordering anything from clothing to personal-care products from her smartphone. But she prefers to pay with cash.
Two U.S. consumer advocacy groups urged the Federal Trade Commission on Wednesday to investigate what they called Tesla Inc's "deceptive and misleading" use of the name Autopilot for its assisted-driving technology.
U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp <000063.SZ> <0763.HK> and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company.
No decision has been made by the Trump administration over removing a ban on Chinese telecoms firm ZTE Corp<000063.SZ>, U.S. Secretary of State Mike Pompeo said on Wednesday during congressional testimony.
Ukraine's state security service (SBU) on Wednesday warned of a possible cyber attack on state bodies and private companies ahead of the Champions League soccer final in Kiev on Saturday.
Ukraine's cyber police said on Wednesday the agency was aware of a possible new threat, as Cisco Systems Inc <CSCO.O> warned about a suspected Russian plan to attack Ukraine using highly sophisticated malicious software.
Uber plans to offer all its European drivers an upgraded version of the health insurance it already provides in France in a drive to attract independent workers and fend off criticism over their treatment.
IBM <IBM.N> announced new recruitment in France before a meeting between President Emmanuel Macron and the bosses of IBM and Microsoft <MSFT.O>.
Technology that has helped Israel's military drive tanks, guide and intercept missiles, and keep its computer systems secure is being redeployed in the development of driverless cars.
Foxconn Industrial Internet <601138.SS>, a subsidiary of the world's largest contract manufacturer Foxconn <2317.TW>, announced plans to raise up to 27.1 billion yuan ($4.26 billion) in what will be mainland China's biggest IPO in almost three years.
China's ZTE Corp is estimating losses of at least 20 billion yuan ($3.1 billion) due to Washington's ban on U.S. firms supplying the telecommunications firm, Bloomberg reported on Wednesday, citing unnamed sources.
Uber cut its losses almost in half and its ride bookings jumped 51 percent since one year ago, the Silicon Valley ride-services firm said on Wednesday, showing that months of scandal and retreating from overseas markets have not slowed its business.
Facebook is unlikely to compensate the 2.7 million European users whose data was improperly shared with political consultancy Cambridge Analytica because sensitive bank account data had not been shared, the company said on Wednesday.
Negative news stories about Tesla Inc have hit "fever pitch", but the electric carmaker's stock price is likely to surge as output of its Model 3 sedan improves, according to an analyst research report.
Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday.
Hackers have infected at least 500,000 routers and storage devices in dozens of countries, some of the world's biggest cyber security firms warned on Wednesday, in a campaign that Ukraine said was preparation for a future Russian cyber attack.
Tesla Inc's Model 3 sedan recorded more registrations in California than its class rivals BMW 3-Series and Mercedes C-Class in the first quarter, according to a report by the California New Car Dealers Association (CNCDA). Model 3 registrations totaled 3,723, or 14.3 percent of the near-luxury segment, compared with 3,323 for the Mercedes variant and 3,260 for the BMW model, the CNCDA report said.
French President Emmanuel Macron told executives from the world's biggest technology firms that he believed in innovation but that he wanted tougher regulations and for them to contribute more to society.
Italy's communications regulator AGCOM said on Wednesday the government would auction frequencies for fifth-generation mobile services in September, in a move it expects to raise at least 2.5 billion euros ($2.9 billion) for state coffers.
Activists in Amsterdam on Wednesday launched the 'Datavakbond' or "data labor union", which hopes to elect leaders to negotiate directly with Facebook and Google over what they do with users' data.
Bui Mai Phuong is an avid online shopper, ordering anything from clothing to personal-care products from her smartphone. But she prefers to pay with cash.
Two U.S. consumer advocacy groups urged the Federal Trade Commission on Wednesday to investigate what they called Tesla Inc's "deceptive and misleading" use of the name Autopilot for its assisted-driving technology.
U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp <000063.SZ> <0763.HK> and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company.
No decision has been made by the Trump administration over removing a ban on Chinese telecoms firm ZTE Corp<000063.SZ>, U.S. Secretary of State Mike Pompeo said on Wednesday during congressional testimony.
Ukraine's state security service (SBU) on Wednesday warned of a possible cyber attack on state bodies and private companies ahead of the Champions League soccer final in Kiev on Saturday.
Ukraine's cyber police said on Wednesday the agency was aware of a possible new threat, as Cisco Systems Inc <CSCO.O> warned about a suspected Russian plan to attack Ukraine using highly sophisticated malicious software.
Uber plans to offer all its European drivers an upgraded version of the health insurance it already provides in France in a drive to attract independent workers and fend off criticism over their treatment.
IBM <IBM.N> announced new recruitment in France before a meeting between President Emmanuel Macron and the bosses of IBM and Microsoft <MSFT.O>.
Technology that has helped Israel's military drive tanks, guide and intercept missiles, and keep its computer systems secure is being redeployed in the development of driverless cars.
Foxconn Industrial Internet <601138.SS>, a subsidiary of the world's largest contract manufacturer Foxconn <2317.TW>, announced plans to raise up to 27.1 billion yuan ($4.26 billion) in what will be mainland China's biggest IPO in almost three years.
China's ZTE Corp is estimating losses of at least 20 billion yuan ($3.1 billion) due to Washington's ban on U.S. firms supplying the telecommunications firm, Bloomberg reported on Wednesday, citing unnamed sources.
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