Technology News

Technology News coverage from Reuters.

Foreign Exchange Analysisin 10 minutes

FILE PHOTO - The new Venezuelan cryptocurrency "Petro" logo is seen at a facility of the Youth and Sports Ministry in Caracas, Venezuela February 23, 2018. REUTERS/Marco Bello

U.S. President Donald Trump on Monday blocked the use of Venezuelan cryptocurrencies through an executive order prohibiting such transactions by those in the United States, the White House said in a statement.

Business Newsin 10 minutes

FILE PHOTO: Uber's logo is pictured at its office in Tokyo, Japan, November 27, 2017.   REUTERS/Kim Kyung-Hoon

A woman died of her injuries after being struck by a Uber [UBER.UL] self-driving vehicle in Arizona, police said on Monday, and the ride hailing company said it had suspended its autonomous vehicle program across the United States and Canada.

Business Newsin 11 minutes

The Dropbox app logo seen on a mobile phone in this illustration photo October 16, 2017.   REUTERS/Thomas White/Illustration

Cloud storage company Dropbox Inc's [DBX.O] initial public offering was oversubscribed, two people familiar with the matter said on Monday, indicating healthy demand for the first big tech IPO this year even as tech stocks opened the week on sour note.

Technology Newsin 27 minutes

A man checks Google devices outside its booth at the Mobile World Congress in Barcelona, Spain, February 27, 2018. REUTERS/Sergio Perez

Alphabet Inc's Google on Monday unveiled new tools for game developers, days after opening Maps to create location-based online games, challenging technology rivals including Inc in the bid for a bigger slice of the lucrative industry.

Business Newsin 36 minutes

FILE PHOTO: A picture illustration shows a Facebook logo reflected in a person's eye, in Zenica, March 13, 2015.  REUTERS/Dado Ruvic/Illustration/File Photo

Facebook Inc faced growing pressure on Monday after European and U.S. lawmakers called for investigations into reports that a consultancy that worked on President Donald Trump's campaign gained access to data on 50 million Facebook users.

Business Newsin 2 hours

An AT&T logo is pictured in Pasadena, California, U.S., January 24, 2018. REUTERS/Mario Anzuoni

A trial that could shape the future of U.S. media ownership kicks off in Washington this week as the Department of Justice seeks to block AT&T Inc's $85 billion acquisition of Time Warner Inc.

Technology Newsin 4 hours

The logo of the new Financial Conduct Authority (FCA) is seen at the agency's headquarters in the Canary Wharf business district of London April 1, 2013. REUTERS/Chris Helgren

Regulators from across the world start work this week on a blueprint for a global "sandbox" or testing bed for new financial technology applications, Britain's Financial Conduct Authority said on Monday.

Technology Newsin 6 hours

A shopper holds her bags as she tries to hail a cab in New York November 22, 2011.  REUTERS/Jessica Rinaldi

Most buyers prefer to be left alone as they shop in store for items like apparel and prefer to use in-store technology for customer service over personalized attention from store employees, according to a new study.

Business Newsin 7 hours

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

Alibaba Group Holding Ltd <BABA.N> said it will invest an extra $2 billion in Southeast Asian e-commerce firm Lazada Group and tapped a top executive to run the business, as it takes on rivals such as tech titan Amazon in an aggressive expansion in the region.

Business Newsin 13 hours

FILE PHOTO: The Google logo is seen at the Young Entrepreneurs fair in Paris, France, February 7, 2018. REUTERS/Charles Platiau /File Photo

Alphabet Inc's Google routinely fields product queries from millions of shoppers. Now it wants to take a cut of their purchases, too.

Foreign Exchange Analysisin 13 minutes

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. Picture is taken February 13, 2018. REUTERS/Dado Ruvic/Illustration

Britain's government and regulators will look in detail at the potential risks from cryptocurrencies like bitcoin, British junior finance minister John Glen said on Monday.

Business Newsin 36 minutes

FILE PHOTO - Sen. Ron Wyden (D-OR) speaks during a markup on the "Tax Cuts and Jobs Act" on Capitol Hill in Washington, U.S., November 15, 2017. REUTERS/Aaron P. Bernstein

Democratic Senator Ron Wyden on Monday sent a letter to Facebook Chief Executive Mark Zuckerberg asking for answers to questions regarding the social media company's policies for sharing user data with third parties.

Business Newsin an hour

FILE PHOTO: An iPhone is seen on display at a kiosk at an Apple reseller store in Mumbai, India, January 12, 2017. Picture taken January 12, 2017.  REUTERS/Shailesh Andrade/File photo

Apple Inc is developing its own MicroLED device displays and has made small numbers of the screens for testing, Bloomberg reported, in a move that could hurt Asian display suppliers to the U.S. tech giant over the long-term.

Fintechin 2 hours

Royal Bank of Scotland signs are seen at a branch of the bank, in London, Britain December 1, 2017.  REUTERS/Peter Nicholls

Britain's Royal Bank of Scotland <RBS.L> is working on plans to create a standalone digital bank, Sky News reported on Monday, as small, app-only banks with low fees target traditional lenders' market share.

Business Newsin 3 hours

FILE PHOTO - Senator John Kennedy (R-LA) walks after the Senate reached an agreement to end the shut down of the federal government on Capitol Hill in Washington, U.S., January 22, 2018.      REUTERS/Joshua Roberts

Republican Senator John Kennedy has joined his Democratic colleague Amy Klobuchar in calling on Facebook Inc Chief Executive Mark Zuckerberg to testify before Congress following reports that a political consultancy gained inappropriate access to data on millions of Facebook users.

Technology Newsin 3 hours

FILE PHOTO: Facebook logo is seen  at a start-up companies gathering at Paris' Station F in Paris, France on January 17, 2017. REUTERS/Philippe Wojazer/File Photo

Facebook Inc faced new calls for regulation from within U.S. Congress and was hit with questions about personal data safeguards on Saturday after reports a political consultant gained inappropriate access to 50 million users' data starting in 2014.

Business Newsin 4 hours

A 3D-printed Facebook logo is seen in front of a displayed stock graph in this illustration taken November 3, 2016.  REUTERS/Dado Ruvic/Illustration

Facebook Inc's shares fell more than 4 percent in premarket trading after media reports that a political consultancy that worked on President Donald Trump's campaign gained inappropriate access to data on 50 million Facebook users.

Technology Newsin 5 hours

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato

SoftBank Group Corp could relist ARM Holdings, the British chip designer it bought two years ago, according to a senior executive at the Japanese conglomerate, the Financial Times reported on Monday.

Business Newsin 6 hours

Britain is very concerned over allegations that the data firm Cambridge Analytica exploited Facebook data to use millions of people's profiles without authorization, a spokesman for Prime Minister Theresa May said on Monday.

Business Newsin 6 hours

FILE PHOTO - European Justice, Consumers and Gender Equality Commissioner Vera Jourova speaks during an interview with Reuters at the EU Commission headquarters in Brussels, Belgium, September 11, 2017. Picture taken September 11, 2017 REUTERS/Francois Lenoir

EU Justice Commissioner Vera Jourova plans to discuss the alleged misuse of more than 50 million Facebook users' data with the U.S. social network and with the U.S. government on her visit to the United States this week.

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