Technology News

Technology News coverage from Reuters.

Business News9 hours ago

A 3D-printed Facebook logo is seen in front of displayed stock graph in this illustration photo March 20, 2018. Picture taken March 20. REUTERS/Dado Ruvic

Facebook Inc came under further pressure from lawmakers, investors, advertisers and users on Thursday, the day after Chief Executive Mark Zuckerberg admitted the social media network made mistakes in letting 50 million users' data get into the hands of political consultancy Cambridge Analytica.

Business News7 minutes ago

FILE PHOTO: A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko Nakao/File Photo

Japan's Toshiba Corp faces a Friday deadline to win Chinese antitrust approval to sell its prized $18 billion memory-chip business by end-March, raising the possibility the deadline may be missed and that it will seek alternatives such as an IPO.

Technology News2 hours ago

FILE PHOTO: A sign of Alibaba Group is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China, December 3, 2017. REUTERS/Aly Song/File Photo

Chinese e-commerce giant Alibaba Group Holding Ltd is planning a mainland listing via depositary receipts that could come as early as the middle of this year, Thomson Reuters unit IFR reported, citing a person with knowledge of the matter.

Technology News2 hours ago

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

Facebook Inc will be removed from the Australia-based BetaShares Global Sustainability Leaders Exchange Traded Fund (ETHI) due to recent "controversies", its Responsible Investment Committee (RIC) said on Friday.

Business News36 minutes ago

A Tencent sign is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China, December 4, 2017. REUTERS/Aly Song

China's Tencent Holdings Ltd <0700.HK> saw its shares down 4.51 percent at the midday trading break on Friday after the internet firm's largest shareholder, Naspers Ltd <NPNJn.J>, said it would lower its stake for the first time in 17 years.

Technology News6 hours ago

Shareholders queue in line to enter the Samsung Electronics Co. annual general meeting at the company's Seocho office building in Seoul, South Korea, March 23, 2018.   SeongJoon Cho/Pool via Reuters

Samsung Electronics Co Ltd shareholders approved a stock split on Friday making it easier for retail shareholders to hold shares in the tech giant, at an annual meeting also dogged by concerns about global trade tensions.

Technology News2 hours ago

A Baidu's Apollo autonomous car is seen during a public road test for self-driving vehicles in Beijing, China March 22, 2018. REUTERS/Stringer

China's capital city has given the green light to tech giant Baidu Inc to test self-driving cars on city streets, indicating strong support for the budding sector even as the industry reels from a fatal accident in the United States.

Technology News6 hours ago

FILE PHOTO: Oct 16, 2016; Los Angeles, CA, USA; IDK LOC (L) plays during the Tekken 7 top 8 pool play at Esports Arena. Mandatory Credit: Orlando Ramirez-USA TODAY Sports/File Photo

The inexorable advance of esports will break new ground next month when the NBA becomes the first American professional sports organization to operate an esports league.

Business News3 hours ago

Time Warner CEO Jeff Bewkes arrives ahead of arguments in the trial to determine if AT&T's merger with Time Warner is legal under antitrust law at U.S. District Court in Washington, U.S., March 22, 2018. REUTERS/Aaron P. Bernstein

The U.S. Justice Department squared off on Thursday with AT&T Inc in a long anticipated trial, as the two sides disputed whether AT&T's $85 billion purchase of Time Warner Inc would be good for consumers or an expensive drag on innovation.

Technology News6 hours ago

Japan's financial watchdog on Friday issued a warning to Hong Kong-based cryptocurrency exchange Binance for operating without registration, the latest move by regulators to tighten standards in the country's digital money industry.

Business News36 minutes ago

FILE PHOTO: A sign of Tencent is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China, December 3, 2017. REUTERS/Aly Song

South Africa's Naspers <NPNJn.J> has raised $9.8 billion from the sale of a 2 percent stake in Chinese investment Tencent <0700.HK> to strengthen its balance sheet and fund growth in its e-commerce businesses, it said on Friday.

Technology News7 hours ago

The Japan Fair Trade Commission said on Friday that it would press criminal charges against four construction firms for suspected collusion over contracts for an $80 billion high-speed magnetic levitation (maglev) train line.

Business News8 hours ago

Kwon Oh-Hyun, chief executive officer of Samsung Electronics Co., speaks during the company's extraordinary general meeting of shareholders at the Seocho office building in Seoul, South Korea, on Thursday, Oct. 27, 2016. REUTERS/SeongJoon Cho/Pool

Samsung Electronics Co Ltd expects uncertainty from trade protectionism and geopolitical risk to persist throughout the year, its chairman of the board said on Friday.

Business News9 hours ago

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

EU leaders on Thursday urged social networks to guarantee transparent practices and fully protect personal information as pressure piled on Facebook after allegations that data from 50 million of its users was mishandled.

Fintech10 hours ago

FILE PHOTO - A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015.  REUTERS/Mike Segar/Files

JPMorgan Chase & Co <JPM.N> is considering a spin-off of its marquee blockchain project Quorum believing independence from the bank could increase the platform's appeal, sources familiar with the matter said on Thursday.

Technology News10 hours ago

Mexico's landmark wholesale national mobile network launched this week, but without a single major wireless carrier on board, renewing debate about how best to increase competition in the telecom sector dominated by billionaire Carlos Slim.

Fintech11 hours ago

FILE PHOTO: Jay Clayton testifies at a Senate Banking, Housing and Urban Affairs Committee hearing on his nomination of to be chairman of the Securities and Exchange Commission (SEC) on Capitol Hill in Washington, DC, U.S. on March 23, 2017.     REUTERS/Jonathan Ernst/File Photo

The cryptocurrency trading marketplace could be improved by applying some of the principles from the stock market such as best execution and surveillance, a senior U.S. Securities and Exchange Commission official said on Thursday.

Technology News11 hours ago

A Facebook logo is pictured at the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 16, 2017. REUTERS/Ralph Orlowski

The European Union is planning to apply tougher consumer laws to social media networks and email providers like Facebook <FB.O> and Google's Gmail <GOOGL.O> as scrutiny of data protection grows in the wake of an outcry over Facebook's handling of data.

Business News11 hours ago

The Google logo is pictured atop an office building in Irvine, California, U.S. August 7, 2017.   REUTERS/Mike Blake

(This version of the March 15 story has been refiled to fixes law firm organization type in 18th paragraph to LLP from PLLC)

Business News11 hours ago

FILE PHOTO: U.S. National Transportation Safety Board (NTSB) investigators examine a self-driving Uber vehicle involved in a fatal accident in Tempe, Arizona, U.S., March 20, 2018.  National Transportation Safety Board/Handout via REUTERS

The fatal accident involving an Uber self-driving car cranks up pressure on the self-driving vehicle industry to prove its software and sensors are safe in the absence of strong government standards, experts in the field said.

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