Technology News
Technology News coverage from Reuters.
A top Facebook executive apologized for errors made by the firm and vowed to do more to improve transparency during a four-hour grilling on Thursday from British lawmakers who insisted the company's response to a data scandal had been inadequate.
Democrats and Republicans in the U.S. House of Representatives on Thursday sparred over the role of social media platforms Facebook, Google and Twitter in filtering content after representatives of the tech companies skipped a hearing.
Microsoft Corp <MSFT.O> on Thursday topped Wall Street forecasts for quarterly profit as the technology company signed up more businesses to its Azure cloud computing services and Office 365 productivity suite.
Amazon.com Inc's <AMZN.O> march in retail and cloud computing showed no sign of slowing on Thursday, as the company reported a surge in first-quarter profit and a rosy outlook for the spring, both ahead of expectations.
Square Inc, the payments company led by Twitter Inc Chief Executive Officer Jack Dorsey, will acquire website building startup Weebly, the company said on Thursday.
Intel Corp <INTC.O> beat earnings expectations for the first quarter and raised its full-year revenue and profit forecasts on Thursday, driven by higher demand for chips from data centers and personal computers.
EU lawmakers and member states on Thursday struck a preliminary deal that will allow countries to force online streaming services including Netflix <NFLX.O> and Amazon's <AMZN.O> video service to help fund European films and TV shows.
Western Digital Corp reported better-than-expected profit and revenue on Thursday, as the demand for its memory chips used in smartphones and personal computers rose.
Chinese internet search giant Baidu Inc's quarterly profit topped analysts' forecasts, led by growth in its online advertising business.
A Transformers-style, humanoid robot that can shape shift into a sports car in about 60 seconds was unveiled in Japan on Wednesday.
As Europe nears tough new privacy rules, Facebook <FB.O> reckons the worst that could happen is that users will share less data, making it harder to target ads on the social network that raked in revenues of $12 billion in the first quarter.
Tesla Inc's <TSLA.O> Autopilot chief Jim Keller is leaving the electric vehicle manufacturer to join chipmaker Intel Corp <INTC.O>.
Nokia posted a big drop in profits at its mainstay network equipment business as operators, particularly in North America held off spending, but it sees momentum building later in 2018 as the market for next-generation 5G networks takes off.
Facebook <FB.O> will review how it operates in Myanmar and needs more policy people on the ground, its chief technology officer said on Thursday, after criticism that the platform has inflamed ethnic violence there.
The buck stops with Facebook chief executive Mark Zuckerberg when it comes to the fallout from a recent data scandal that has impacted millions of users, the firm's chief technology officer told UK lawmakers.
Tech giants such as Facebook and Google must step up efforts to tackle the spread of fake news online in the next few months or potentially face further EU regulation, as concerns mount over election interference.
Uber on Thursday plans to announce changes to how it rewards cyber researchers who report flaws in its software, a company executive told Reuters, as part of the ride-hailing firm's response to concerns raised about the way it handled a data breach in 2016.
China's state-backed semiconductor fund is near to closing a 120 billion yuan ($18.98 billion)investment round for a second fund to support the domestic chip sector and help cut reliance on imports amid a bruising trade standoff with the United States.
Facebook did not intend its behavior toward the media to be interpreted as trying to stop the truth about a data scandal from coming out, the company's chief technology officer said on Thursday.
Political adverts are not an important revenue stream for Facebook so decisions on the issue are not about money, the company's chief technology officer said on Thursday.
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