Technology News

Technology News coverage from Reuters.

Cyber Risk2 hours ago

Facebook founder Mark Zuckerberg speaks during the Alumni Exercises following the 366th Commencement Exercises at Harvard University in Cambridge, Massachusetts, U.S., May 25, 2017.   REUTERS/Brian Snyder

Facebook Inc Chief Executive Mark Zuckerberg apologized on Wednesday for mistakes his company made in how it handled data belonging to 50 million of its users and promised tougher steps to restrict developers' access to such information.

Business News2 hours ago

A still frame taken from video released March 21, 2018 shows the exterior view of the self-driving Uber vehicle leading up to the fatal collision in Tempe, Arizona, U.S. on March 18, 2018. Tempe Police Department/Handout via REUTERS

Police in Arizona on Wednesday released a short video of a fatal collision between an Uber self-driving vehicle and a pedestrian, as investigators probe the accident that has put new focus on the safety of autonomous vehicles.

Technology News3 hours ago

FILE PHOTO:  A Microsoft logo is seen a day after Microsoft Corp's $26.2 billion purchase of LinkedIn Corp, in Los Angeles, California, U.S., on June 14, 2016. REUTERS/Lucy Nicholson/File Photo

A federal spending bill released late on Wednesday included bipartisan legislation that would amend a decades-old privacy law to clarify that a U.S. warrant seeking data stored overseas is valid in certain circumstances.

Technology News13 minutes ago

FILE PHOTO: A sign of Tencent is seen during the third annual World Internet Conference in Wuzhen town of Jiaxing, Zhejiang province, China November 16, 2016. REUTERS/Aly Song/File Photo

Tencent Holdings lost almost $20 billion from its market value on Thursday after the Chinese internet giant missed quarterly revenue estimates and warned that planned investments may hurt margins.

Technology Newsan hour ago

FILE PHOTO: A drone is displayed at DJI's flagship store in Hong Kong, China September 22, 2016. REUTERS/Bobby Yip/File Photo

China's SZ DJI Technology Co Ltd, the world's largest maker of drones for consumers, is in talks with investors for at least $500 million in funding ahead of a planned stock market debut, people with knowledge of the matter said.

Business News10 minutes ago

FILE PHOTO: A Best Buy store is seen in Los Angeles, California, U.S., March 13, 2017. REUTERS/Lucy Nicholson/File Photo

Best Buy Co Inc, the largest U.S. consumer electronics retailer, will cut ties with China's Huawei Technologies Co Ltd [HWT.UL], a person familiar with the matter said, amid heightened scrutiny on Chinese tech firms in the United States.

Fintech8 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

Tech start-ups that issue digital tokens to raise funds are falling in line with U.S. securities laws or seeking legal ways to skirt them after the Securities and Exchange Commission (SEC) said it planned to regulate the market.

Fintech5 hours ago

A bitcoin logo is seen at a facility of the Youth and Sports Ministry in Caracas, Venezuela February 23, 2018. REUTERS/Marco Bello

Britain will announce a task force on Thursday to exploit the technology underpinning cryptoassets, such as bitcoin and other cryptocurrencies, as part of new plans to help fintech companies to find more customers.

Business News6 hours ago

Elon Musk speaks at a press conference following the first launch of a SpaceX Falcon Heavy rocket at the Kennedy Space Center in Cape Canaveral, Florida, U.S., February 6, 2018. REUTERS/Joe Skipper

Shareholders of electric car company Tesla Inc approved a compensation package potentially worth $2.6 billion for Chief Executive Officer Elon Musk on Wednesday, though by a lower margin than U.S. CEOs typically receive on pay votes.

Technology News7 hours ago

FILE PHOTO: Stewart Butterfield, CEO of Slack, talks during the business messaging company's event in San Francisco, California, U.S., January 31, 2017.   REUTERS/Beck Diefenbach/File Photo

Collaboration software provider Slack Technologies Inc is building a safety engineering team that will develop methods to help reduce the disruptions that have been more frequent on Slack's service than rival systems, the company told Reuters.

Technology News3 hours ago

A massive federal government spending bill unveiled on Wednesday includes $380 million to help safeguard U.S. voting systems from cyber attacks, in what would be Congress' first concrete steps to bolster election security since the 2016 presidential campaign was marred by allegations of Russian meddling.

Cyber Risk3 hours ago

The nameplate of political consultancy, Cambridge Analytica, is seen in central London, Britain March 21, 2018.   REUTERS/Henry Nicholls

Brazilian prosecutors on Wednesday said they had opened an investigation into whether London-based political consultancy Cambridge Analytica acted illegally in Brazil, as controversy over the firm's data harvesting practices spreads across the globe.

Cyber Risk3 hours ago

The offices of political consultancy, Cambridge Analytica, are seen in central London, Britain March 21, 2018.   REUTERS/Henry Nicholls

British consultancy firm Cambridge Analytica lies at the center of a storm for using data obtained from millions of Facebook users without their permission after it was hired by Donald Trump for his 2016 U.S. presidential election campaign.

Cyber Risk3 hours ago

A 3D-printed Facebook logo are seen in front of displayed binary digits in this illustration taken, March 18, 2018. REUTERS/Dado Ruvic/Illustration

Germany's justice minister Katarina Barley has asked Facebook to clarify whether the personal data of the social media site's 30 million users in the country were protected from unlawful use by third parties, according to a report in the Funke group of German regional newspapers.

Business News4 hours ago

Harald Krueger, Chief Executive of German luxury carmaker BMW, poses next to a BMW i4 before the company's annual news conference in Munich, Germany, March 21, 2018.   REUTERS/Michael Dalder

Global automakers are sharpening their focus on the electric car market, prompted by the success of Tesla Inc <TSLA.O> and rising demand for vehicles powered by cleaner technologies.

Business News4 hours ago

A self-driving car drives during a demonstration at the Renesas Electronics autonomous vehicle test track in Stratford, Ontario, Canada, March 7, 2018.   REUTERS/Mark Blinch

A Canadian town known for its annual theater festival is emerging as a hub of "snowtonomous" research, as automakers face demands to produce self-driving cars that can perform in snow and sleet.

Business News4 hours ago

A customer picks-up his smart phone order from a new mobile order window, tested at a Starbucks coffee shop in downtown Los Angeles, California, U.S., March 15, 2018. REUTERS/Mike Blake

Starbucks Corp <SBUX.O> wants more people to use its time-saving mobile ordering app that lets customers buy drinks without waiting in line.

Technology News5 hours ago

FILE PHOTO - A Jaguar Land Rover logo is seen on the building inside the Chery Jaguar Land Rover plant in Changshu, Jiangsu province, October 21, 2014. REUTERS/Aly Song

Britain's biggest carmaker Jaguar Land Rover (JLR) was showcasing self-driving valet technology on Britain's streets on Thursday which allows a car to find a space and park itself.

Cyber Risk9 hours ago

FILE PHOTO - Facebook Founder and CEO Mark Zuckerberg speaks on stage during the annual Facebook F8 developers conference in San Jose, California, U.S., April 18, 2017. REUTERS/Stephen Lam

Facebook Inc <FB.O> Chief Executive Mark Zuckerberg said on Wednesday that the social media company made mistakes that allowed data about users to end up with the analytics firm Cambridge Analytica and said the company would make changes.

Cyber Risk10 hours ago

Figurines are seen in front of the Facebook logo in this illustration taken March 20, 2018. REUTERS/Dado Ruvic

A former Facebook operations manager told a British parliamentary committee on Wednesday that data harvesting of member profiles by outside software developers was once routine and that the company took years to clamp down on the practice.

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