Technology News

Technology News coverage from Reuters.

Business News6 minutes ago

FILE PHOTO: The Tesla logo is seen at the entrance to Tesla Motors' new showroom in Manhattan's Meatpacking District in New York City, U.S., December 14, 2017. REUTERS/Brendan McDermid/File Photo

Electric carmaker Tesla Inc's <TSLA.O> premium Model 3 sedan will not produce better profit margins than a conventional BMW <BMWG.DE> and the company could actually lose $6,000 on every base model due to higher costs for the powertrain, according to an analyst at UBS.

Business News6 hours ago

The brand logo of Alphabet Inc's Google is seen outside its office in Beijing, China, August 8, 2018.  REUTERS/Thomas Peter

Google is not close to launching a search engine app in China, its chief executive said at a companywide meeting on Thursday, according to a transcript seen by Reuters, as employees of the Alphabet Inc <GOOGL.O> unit called for more transparency and oversight of the project.

Business News5 hours ago

FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the International Space Station Research and Development Conference in Washington, U.S., July 19, 2017. REUTERS/Aaron P. Bernstein

Elon Musk's rocket company, SpaceX, could help fund a bid to take electric car company Tesla Inc <TSLA.O> private, the New York Times reported on Thursday, quoting people familiar with the matter.

Technology News4 hours ago

Nadiem Makarim, founder of the Indonesian ride-hailing and online payment firm Go-Jek listens during an interview with Reuters at the Go-Jek offices in Jakarta, Indonesia, August 15, 2018. REUTERS/Darren Whiteside

Go-Jek, Indonesia's first billion-dollar startup, is "extremely close" to achieving profitability in all its segments, except transportation, its founder and CEO Nadiem Makarim told Reuters.

Technology News32 minutes 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/Illustration/File Photo

Cryptocurrency scams are using images of celebrities and upmarket London addresses to hoodwink consumers into parting with cash, Britain's Financial Conduct Authority has said.

Technology 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

Ride-hailing company Uber Technologies Inc plans to open a 250 million-reais ($64-million) center in Brazil that will research technology to make it safer for its drivers to accept cash, a key payment method in its rapid expansion in Latin America, the company said Friday.

Technology News6 hours ago

An advertisement for Venus Z20 mobile phone is seen at a Vestel store in Istanbul, Turkey August 15, 2018. REUTERS/Murad Sezer

Turkish fixed-line operator Turk Telekom said on Friday that it clinched a cooperation deal with Vestel after President Tayyip Erdogan called on Turks to use locally-made mobile phones instead of Apple's iPhone.

Technology News5 hours ago

FILE PHOTO: Angry Birds characters Bomb, Chuck and Red are pictured during the premiere in Helsinki, Finland, May 11, 2016.  REUTERS/Tuomas Forsell/File Photo

Rovio Entertainment <ROVIO.HE>, the maker of the "Angry Birds" mobile game series and movie, on Friday reported an increase in second-quarter sales at its games business, providing a positive sign for investors after a profit warning in February.

Cyber Risk10 hours ago

Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, U.S., August 1, 2018.  REUTERS/Lucas Jackson

Apple Inc <APPL.O> said on Friday no customer data was compromised after Australian media reported a teenager had pleaded guilty to hacking into its main computer network, downloading internal files and accessing customer accounts.

Business News12 hours ago

FILE PHOTO: The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. REUTERS/Tyrone Siu/File Photo

Nvidia Corp <NVDA.O> dominates chips for training computers to think like humans, but it faces an entrenched competitor in a major avenue for expansion in the artificial intelligence chip market: Intel Corp <INTC.O>.

Business News11 hours ago

A wheel of a  prototype of the Tesla Model 3 on display in front of the factory during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker in Sparks, Nevada, U.S. July 26, 2016.  REUTERS/James Glover II/File Photo

An employee fired from Tesla Inc's <TSLA.O> Nevada battery factory filed a whistleblower complaint with the U.S. Securities and Exchange Commission, accusing the company of spying on employees and failing to act after learning that a Mexican cartel may be dealing drugs inside the plant, his attorney said on Thursday.

Technology News12 hours ago

A promotion for the computer game "Grand Theft Auto Five" is show in a Game Stop gaming story in Encinitas, California September 17, 2013.     REUTERS/Mike Blake/File Photo                 GLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH 'BUSINESS WEEK AHEAD 31 OCT'  FOR ALL IMAGES - S1BEUKBVDTAB

A federal judge on Thursday awarded Take-Two Interactive Software Inc <TTWO.O>, the maker of the "Grand Theft Auto" series, a preliminary injunction to stop a Georgia man from selling programs that it said helps players cheat at the best-selling video game.

Technology News14 hours ago

FILE PHOTO: People walk near the gate of Tsinghua University in Beijing, China, July 27, 2016. REUTERS/Thomas Peter/File Photo

Hackers operating from an elite Chinese university probed American companies and government departments for espionage opportunities following a U.S. trade delegation visit to China earlier this year, security researchers told Reuters.

Business News14 hours ago

NVIDIA computer graphic cards are shown for sale at a retail store in San Marcos, California, U.S. August 14, 2018.        REUTERS/Mike Blake

Nvidia Corp <NVDA.O> shares fell as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise beat expectations.

Technology News14 hours ago

FILE PHOTO: Tesla superchargers are installed at the Quinte Mall in Belleville, Ontario, Canada, May 6, 2018. REUTERS/David Lucas/File Photo

Electric vehicle-maker Tesla Inc is taking the Ontario government to court over the Canadian province's cancellation of an electric vehicle incentive program, according to documents filed in court on Aug. 10.

Technology News15 hours ago

Applied Materials’ new corporate signage photo in Santa Clara, California, U.S. is shown in this image released on August 22, 2016.  Courtesy Applied Materials/Handout via REUTERS/File Photo

Applied Materials Inc, the world's largest supplier of equipment used to make chips, forecast current-quarter profit and revenue below Wall Street estimates, adding to fears that a two-year chip boom may be losing steam.

Business News15 hours ago

FILE PHOTO:  Tesla Motors Inc Chief Executive Elon Musk pauses during a news conference in Tokyo September 8, 2014.    REUTERS/Toru Hanai/File Photo

Information about Elon Musk's efforts to take Tesla Inc <TSLA.O> private is scarce. But some small investors wonder if top funds have an edge.

Technology News18 hours ago

Indian video streaming service Hotstar sees its blended revenue model that relies on both subscription fees and ad sales as a winning formula in India's fast-growing market, home to tens of millions of price-sensitive new internet users.

Technology News18 hours ago

A sign of China's e-commerce company JD.com is seen at CES (Consumer Electronics Show) Asia 2018 in Shanghai, China June 14, 2018. REUTERS/Aly Song

China's second-largest e-commerce firm, JD.com Inc, said it is shifting management of its warehousing assets to a separate unit, in a move it hopes will revive profits after it swung back to a loss in April-June.

Politics21 hours ago

FILE PHOTO: A man types into a keyboard during the Def Con hacker convention in Las Vegas, Nevada, U.S. on July 29, 2017. REUTERS/Steve Marcus/File Photo

A majority of U.S. states has adopted technology that allows the federal government to see inside state computer systems managing voter data or voting devices in order to root out hackers.

Business News6 minutes ago

FILE PHOTO: The Tesla logo is seen at the entrance to Tesla Motors' new showroom in Manhattan's Meatpacking District in New York City, U.S., December 14, 2017. REUTERS/Brendan McDermid/File Photo

Electric carmaker Tesla Inc's <TSLA.O> premium Model 3 sedan will not produce better profit margins than a conventional BMW <BMWG.DE> and the company could actually lose $6,000 on every base model due to higher costs for the powertrain, according to an analyst at UBS.

Business News6 hours ago

The brand logo of Alphabet Inc's Google is seen outside its office in Beijing, China, August 8, 2018.  REUTERS/Thomas Peter

Google is not close to launching a search engine app in China, its chief executive said at a companywide meeting on Thursday, according to a transcript seen by Reuters, as employees of the Alphabet Inc <GOOGL.O> unit called for more transparency and oversight of the project.

Business News5 hours ago

FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the International Space Station Research and Development Conference in Washington, U.S., July 19, 2017. REUTERS/Aaron P. Bernstein

Elon Musk's rocket company, SpaceX, could help fund a bid to take electric car company Tesla Inc <TSLA.O> private, the New York Times reported on Thursday, quoting people familiar with the matter.

Technology News4 hours ago

Nadiem Makarim, founder of the Indonesian ride-hailing and online payment firm Go-Jek listens during an interview with Reuters at the Go-Jek offices in Jakarta, Indonesia, August 15, 2018. REUTERS/Darren Whiteside

Go-Jek, Indonesia's first billion-dollar startup, is "extremely close" to achieving profitability in all its segments, except transportation, its founder and CEO Nadiem Makarim told Reuters.

Technology News32 minutes 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/Illustration/File Photo

Cryptocurrency scams are using images of celebrities and upmarket London addresses to hoodwink consumers into parting with cash, Britain's Financial Conduct Authority has said.

Technology 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

Ride-hailing company Uber Technologies Inc plans to open a 250 million-reais ($64-million) center in Brazil that will research technology to make it safer for its drivers to accept cash, a key payment method in its rapid expansion in Latin America, the company said Friday.

Technology News6 hours ago

An advertisement for Venus Z20 mobile phone is seen at a Vestel store in Istanbul, Turkey August 15, 2018. REUTERS/Murad Sezer

Turkish fixed-line operator Turk Telekom said on Friday that it clinched a cooperation deal with Vestel after President Tayyip Erdogan called on Turks to use locally-made mobile phones instead of Apple's iPhone.

Technology News5 hours ago

FILE PHOTO: Angry Birds characters Bomb, Chuck and Red are pictured during the premiere in Helsinki, Finland, May 11, 2016.  REUTERS/Tuomas Forsell/File Photo

Rovio Entertainment <ROVIO.HE>, the maker of the "Angry Birds" mobile game series and movie, on Friday reported an increase in second-quarter sales at its games business, providing a positive sign for investors after a profit warning in February.

Cyber Risk10 hours ago

Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, U.S., August 1, 2018.  REUTERS/Lucas Jackson

Apple Inc <APPL.O> said on Friday no customer data was compromised after Australian media reported a teenager had pleaded guilty to hacking into its main computer network, downloading internal files and accessing customer accounts.

Business News12 hours ago

FILE PHOTO: The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. REUTERS/Tyrone Siu/File Photo

Nvidia Corp <NVDA.O> dominates chips for training computers to think like humans, but it faces an entrenched competitor in a major avenue for expansion in the artificial intelligence chip market: Intel Corp <INTC.O>.

Business News11 hours ago

A wheel of a  prototype of the Tesla Model 3 on display in front of the factory during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker in Sparks, Nevada, U.S. July 26, 2016.  REUTERS/James Glover II/File Photo

An employee fired from Tesla Inc's <TSLA.O> Nevada battery factory filed a whistleblower complaint with the U.S. Securities and Exchange Commission, accusing the company of spying on employees and failing to act after learning that a Mexican cartel may be dealing drugs inside the plant, his attorney said on Thursday.

Technology News12 hours ago

A promotion for the computer game "Grand Theft Auto Five" is show in a Game Stop gaming story in Encinitas, California September 17, 2013.     REUTERS/Mike Blake/File Photo                 GLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH 'BUSINESS WEEK AHEAD 31 OCT'  FOR ALL IMAGES - S1BEUKBVDTAB

A federal judge on Thursday awarded Take-Two Interactive Software Inc <TTWO.O>, the maker of the "Grand Theft Auto" series, a preliminary injunction to stop a Georgia man from selling programs that it said helps players cheat at the best-selling video game.

Technology News14 hours ago

FILE PHOTO: People walk near the gate of Tsinghua University in Beijing, China, July 27, 2016. REUTERS/Thomas Peter/File Photo

Hackers operating from an elite Chinese university probed American companies and government departments for espionage opportunities following a U.S. trade delegation visit to China earlier this year, security researchers told Reuters.

Business News14 hours ago

NVIDIA computer graphic cards are shown for sale at a retail store in San Marcos, California, U.S. August 14, 2018.        REUTERS/Mike Blake

Nvidia Corp <NVDA.O> shares fell as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise beat expectations.

Technology News14 hours ago

FILE PHOTO: Tesla superchargers are installed at the Quinte Mall in Belleville, Ontario, Canada, May 6, 2018. REUTERS/David Lucas/File Photo

Electric vehicle-maker Tesla Inc is taking the Ontario government to court over the Canadian province's cancellation of an electric vehicle incentive program, according to documents filed in court on Aug. 10.

Technology News15 hours ago

Applied Materials’ new corporate signage photo in Santa Clara, California, U.S. is shown in this image released on August 22, 2016.  Courtesy Applied Materials/Handout via REUTERS/File Photo

Applied Materials Inc, the world's largest supplier of equipment used to make chips, forecast current-quarter profit and revenue below Wall Street estimates, adding to fears that a two-year chip boom may be losing steam.

Business News15 hours ago

FILE PHOTO:  Tesla Motors Inc Chief Executive Elon Musk pauses during a news conference in Tokyo September 8, 2014.    REUTERS/Toru Hanai/File Photo

Information about Elon Musk's efforts to take Tesla Inc <TSLA.O> private is scarce. But some small investors wonder if top funds have an edge.

Technology News18 hours ago

Indian video streaming service Hotstar sees its blended revenue model that relies on both subscription fees and ad sales as a winning formula in India's fast-growing market, home to tens of millions of price-sensitive new internet users.

Technology News18 hours ago

A sign of China's e-commerce company JD.com is seen at CES (Consumer Electronics Show) Asia 2018 in Shanghai, China June 14, 2018. REUTERS/Aly Song

China's second-largest e-commerce firm, JD.com Inc, said it is shifting management of its warehousing assets to a separate unit, in a move it hopes will revive profits after it swung back to a loss in April-June.

Politics21 hours ago

FILE PHOTO: A man types into a keyboard during the Def Con hacker convention in Las Vegas, Nevada, U.S. on July 29, 2017. REUTERS/Steve Marcus/File Photo

A majority of U.S. states has adopted technology that allows the federal government to see inside state computer systems managing voter data or voting devices in order to root out hackers.

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