Technology News
Technology News coverage from Reuters.
Elon Musk told investors this week that "obviously, the Saudi sovereign fund has more than enough capital needed" to finance taking Tesla private.
Brazil's antitrust watchdog Cade is considering opening an investigation into Google over alleged abuses in its cell phone operating system, the president of the agency said in an interview published on Wednesday in newspaper Valor Economico.
The Home Shopping Network is getting an image makeover.
U.S. entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T <T.N>, accusing it of fraud and gross negligence in connection with the theft of digital currency tokens from his personal account.
U.S. chipmaker Intel Corp <INTC.O> on Tuesday disclosed three more possible flaws in some of its microprocessors that can be exploited to gain access to certain data from computer memory.
Shares of Asian video game companies such as Tencent Holdings <0700.HK>, Nexon <3659.T> and Nintendo <7974.T> tumbled on Wednesday due to concerns over delays in new games releases in China, as Beijing halted approvals for game licenses.
The Israeli government said on Wednesday it is investing 90 million shekels ($24 million) to shore up the country's cyber security industry as a global leader.
U.S. startup incubator Y Combinator said it is establishing a China unit, its first dedicated overseas office, which will be headed by Baidu Inc's former chief operating officer Qi Lu.
Chinese state-sponsored hackers may be targeting companies and state agencies in Malaysia as it looks to review several major projects linked to China's Belt and Road Initiative, cyber security firm FireEye Inc. <FEYE.O> said on Wednesday.
Chinese technology giant Tencent Holdings Ltd on Wednesday reported a surprise 2 percent fall in second-quarter net profit, the first decline in nearly 13 years, due to slower than expected gaming growth and weak investment gains.
(This August 14 story was corrected to say "private" instaed of "public" in paragraph 14)
Soros Fund Management LLC added Facebook Inc, Apple Inc and Twitter Inc, but trimmed stakes in Alphabet Inc and Amazon.com Inc in the quarter through June, according to a regulatory filing on Tuesday.
Tesla Inc's board has named a special committee of three directors to negotiate with Chief Executive Elon Musk on taking the electric car maker private, although it said it was yet to see a firm offer from him.
Two major Tesla Inc shareholders cut their stakes in the electric automaker during the second quarter, before Chief Executive Elon Musk announced he would try to take the company private earlier this month.
Warren Buffett's Berkshire Hathaway Inc <BRKa.N> boosted its investments in Goldman Sachs Group Inc <GS.N> and Israel's Teva Pharmaceutical Industries Ltd <TEVA.TA> during the second quarter and confirmed it has expanded its already huge bet on iPhone maker Apple Inc <AAPL.O>.
Kroger Co <KR.N> has partnered with Alibaba Group Holding Ltd <BABA.N> to sell nuts, supplements and other products in China, venturing outside the United States for the first time in what is fast becoming a fierce global battle to dominate online grocery sales.
Sprint Corp <S.N> said Tuesday it has partnered with phone manufacturer LG Electronics Inc <066570.KS> to launch a 5G smartphone in the first half of next year, marking the first 5G device deal for the No. 4 U.S. wireless carrier.
Financial technology companies that lend online are sounding a cautious note on a U.S. banking regulator's plan to offer them special federal charters because of concerns over legal challenges and requirements that are more onerous than expected.
A group of founders, executives and early employees of Tinder on Tuesday sued IAC/InterActiveCorp <IAC.O>, claiming the parent company deliberately undervalued the dating app to avoid paying them billions of dollars and deprived some employees of stock options.
Spain's top flight soccer division La Liga announced on Tuesday a landmark deal with Facebook which will allow viewers in the Indian sub-continent to watch every game over the next three seasons for free on the social network.
Elon Musk told investors this week that "obviously, the Saudi sovereign fund has more than enough capital needed" to finance taking Tesla private.
Brazil's antitrust watchdog Cade is considering opening an investigation into Google over alleged abuses in its cell phone operating system, the president of the agency said in an interview published on Wednesday in newspaper Valor Economico.
The Home Shopping Network is getting an image makeover.
U.S. entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T <T.N>, accusing it of fraud and gross negligence in connection with the theft of digital currency tokens from his personal account.
U.S. chipmaker Intel Corp <INTC.O> on Tuesday disclosed three more possible flaws in some of its microprocessors that can be exploited to gain access to certain data from computer memory.
Shares of Asian video game companies such as Tencent Holdings <0700.HK>, Nexon <3659.T> and Nintendo <7974.T> tumbled on Wednesday due to concerns over delays in new games releases in China, as Beijing halted approvals for game licenses.
The Israeli government said on Wednesday it is investing 90 million shekels ($24 million) to shore up the country's cyber security industry as a global leader.
U.S. startup incubator Y Combinator said it is establishing a China unit, its first dedicated overseas office, which will be headed by Baidu Inc's former chief operating officer Qi Lu.
Chinese state-sponsored hackers may be targeting companies and state agencies in Malaysia as it looks to review several major projects linked to China's Belt and Road Initiative, cyber security firm FireEye Inc. <FEYE.O> said on Wednesday.
Chinese technology giant Tencent Holdings Ltd on Wednesday reported a surprise 2 percent fall in second-quarter net profit, the first decline in nearly 13 years, due to slower than expected gaming growth and weak investment gains.
(This August 14 story was corrected to say "private" instaed of "public" in paragraph 14)
Soros Fund Management LLC added Facebook Inc, Apple Inc and Twitter Inc, but trimmed stakes in Alphabet Inc and Amazon.com Inc in the quarter through June, according to a regulatory filing on Tuesday.
Tesla Inc's board has named a special committee of three directors to negotiate with Chief Executive Elon Musk on taking the electric car maker private, although it said it was yet to see a firm offer from him.
Two major Tesla Inc shareholders cut their stakes in the electric automaker during the second quarter, before Chief Executive Elon Musk announced he would try to take the company private earlier this month.
Warren Buffett's Berkshire Hathaway Inc <BRKa.N> boosted its investments in Goldman Sachs Group Inc <GS.N> and Israel's Teva Pharmaceutical Industries Ltd <TEVA.TA> during the second quarter and confirmed it has expanded its already huge bet on iPhone maker Apple Inc <AAPL.O>.
Kroger Co <KR.N> has partnered with Alibaba Group Holding Ltd <BABA.N> to sell nuts, supplements and other products in China, venturing outside the United States for the first time in what is fast becoming a fierce global battle to dominate online grocery sales.
Sprint Corp <S.N> said Tuesday it has partnered with phone manufacturer LG Electronics Inc <066570.KS> to launch a 5G smartphone in the first half of next year, marking the first 5G device deal for the No. 4 U.S. wireless carrier.
Financial technology companies that lend online are sounding a cautious note on a U.S. banking regulator's plan to offer them special federal charters because of concerns over legal challenges and requirements that are more onerous than expected.
A group of founders, executives and early employees of Tinder on Tuesday sued IAC/InterActiveCorp <IAC.O>, claiming the parent company deliberately undervalued the dating app to avoid paying them billions of dollars and deprived some employees of stock options.
Spain's top flight soccer division La Liga announced on Tuesday a landmark deal with Facebook which will allow viewers in the Indian sub-continent to watch every game over the next three seasons for free on the social network.
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