Technology News

Technology News coverage from Reuters.

Technology News37 minutes ago

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

Several U.S. Republican lawmakers expressed concern over privacy violations on Sunday after media reports that a political consultancy that worked on President Donald Trump's campaign gained inappropriate access to 50 million Facebook users' data.

Fintech28 minutes ago

The Governor of the Bank of England, Mark Carney, speaks to the Scottish Economics Forum, via a live feed, in central London, Britain March 2, 2018. REUTERS/Peter Nicholls

The global watchdog that drove through a welter of banking and market reforms after the financial crisis said it will pivot more toward reviewing existing rules and away from designing new ones.

Fintech9 hours ago

The German central bank (Bundesbank) vice-president Claudia Buch speaks during a photocall at the Bundesbank headquarters in Frankfurt, May 20, 2014. REUTERS/Ralph Orlowski

Regulation of cryptocurrencies must be considered, Bundesbank vice president Claudia Buch told Reuters, even though she does not believe they pose a threat to financial stability.

Business News8 hours ago

A person holds a phone with Baidu Inc's video streaming service iQiyi in Jinan, Shandong province, China, in this May 25, 2016 photo illustration.  REUTERS/Stringer

Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc <BIDU.O>, has launched an initial public offering in New York worth up to $2.4 billion, seeking to expand its range of content.

Technology News8 hours ago

Desilu Studios plans to go public in the United States as a second stage of a proposed acquisition of Israeli technology start-up Vonetize.

Technology News14 hours ago

FILE PHOTO: A staff member walks at Didi Chuxing's booth at the Global Mobile Internet Conference (GMIC) 2017 in Beijing, China April 28, 2017. REUTERS/Jason Lee

A unit of Chinese ride-hailing firm Didi Chuxing has submitted an application to raise 10 billion yuan ($1.6 billion) through an issuance of asset-backed securities.

Business News2 days ago

FILE PHOTO: Paul Jacobs, Executive Chairman of Qualcomm attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 20, 2017.  REUTERS/Ruben Sprich/File Photo

Qualcomm Inc <QCOM.O> on Friday said former executive chairman Paul Jacobs would not be renominated for the U.S. semiconductor company's board after Jacobs disclosed his intention to pursue a long-shot acquisition of the firm.

Business News2 days ago

FILE PHOTO - Coca-Cola cartons are seen in a Casino supermarket in Mouans Sartoux, France, October 27, 2016. REUTERS/Eric Gaillard

Coca-Cola Co <KO.N> and the U.S. State Department along with two other companies said on Friday they are launching a project using blockchain's digital ledger technology to create a secure registry for workers that will help fight the use of forced labor worldwide.

Technology News2 days ago

FILE PHOTO: An Uber taxi is driven away from New Street Railway Station in Birmingham, Britain February 5, 2018.  REUTERS/Darren Staples

Britain's second city Birmingham is seeking clarity from Uber [UBER.UL] on its business model as it decides whether to renew the taxi app's license after granting a temporary extension.

Business News2 days ago

California-based bike sharing startup LimeBike displays its bikes at a recently-launched pilot program in Burlingame, California, U.S. March 8, 2017.   REUTERS/Jane Lanhee Lee

A bike-sharing craze that has swept China over the past two years is picking up speed in cities across the United States, but with a different spin as tough local regulations rein in the roll-out of dockless bikes.

Technology Newsan hour ago

Facebook <FB.O> said on Sunday it was conducting a "comprehensive internal and external review" to determine if the personal data of 50 million users that was reported to be misused by a political consultant still existed.

Technology News8 hours ago

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.

Technology News18 hours ago

FILE PHOTO: A Facebook logo is seen at the Facebook Gather conference in Brussels, Belgium January 23, 2018. REUTERS/Yves Herman/File Photo

Data analytics firm Cambridge Analytica harvested private information from more than 50 million Facebook users in developing techniques to support President Donald Trump's 2016 election campaign, the New York Times and London's Observer reported on Saturday.

Technology News18 hours ago

FILE PHOTO: A Facebook sign is displayed at the Conservative Political Action Conference (CPAC) at National Harbor, Maryland, U.S., February 23, 2018. REUTERS/Joshua Roberts/File Photo

The Massachusetts attorney general said on Saturday her office was launching an investigation after reports that Cambridge Analytica had harvested private information from more than 50 million Facebook users in developing techniques to support President Donald Trump's 2016 election campaign.

Technology News2 days ago

Michel-Edouard Leclerc, Chief Executive Officer and Executive Chairman of French retailer E. Leclerc SA, attends the third annual tech conference "Inno Generation" organized by French investment bank Bpifrance at AccorHotels Arena in Paris, France, October 12, 2017. Picture taken October 12, 2017.  REUTERS/Charles Platiau

French supermarket chain Leclerc, which launches a home delivery service in Paris this month, also aims to open click and collect stores and hypermarkets in the capital.

Technology News2 days ago

A science advocacy group urged the U.S. Nuclear Regulatory Commission on Friday to reject a longstanding industry request to limit cyber attack protections at nuclear plants, a day after the Trump administration publicly blamed Moscow for hacking into nuclear power and other energy infrastructure.

Technology News2 days ago

FILE PHOTO - Rocket Internet CEO Oliver Samwer attends an interview with Reuters in Berlin, Germany, January 10, 2018. REUTERS/Hannibal Hanschke

German start-up investor Rocket Internet is exploring a stock market listing of loss-making African online shopping platform Jumia, people close to the matter said.

Business News2 days ago

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

Some 110 countries have agreed to work towards forming an international consensus by 2020 on how to tax digital businesses across borders, the Organisation for Economic Cooperation and Development said on Friday.

Technology News2 days ago

A federal court has halted the activities and frozen the assets of four people who allegedly promoted schemes falsely promising large returns for small payments of bitcoin and other cryptocurrencies, the Federal Trade Commission said on Friday.

Business News2 days ago

Uber driver Irfan Er drives his car in Istanbul, Turkey March 15, 2018. Picture taken March 15, 2018.  REUTERS/Osman Orsal

Istanbul's taxi drivers have taken Uber to court, accusing the U.S.-based ride-hailing app of endangering their livelihoods in a case that could crimp its business in Europe's largest city.

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