Technology News
Technology News coverage from Reuters.
EU antitrust regulators hit Google with a record 4.34 billion euro ($5 billion) fine on Wednesday for using its Android mobile operating system to squeeze out rivals, and Google said it would appeal.
Amazon.com Inc <AMZN.O> said online shoppers purchased more than 100 million products worldwide during its Prime Day sale, despite glitches on its mobile app and websites that prevented customers from placing orders.
Alphabet Inc's Google said on Wednesday it has launched an artificial intelligence (AI) game on Tencent Holdings Ltd social media app WeChat, as the company continues to show tentative signs of re-entering China's consumer market.
Germany has said 1,050 owners of the Tesla Model S must forgo a 2,000 euro electric car subsidy because the value of their vehicles surpasses an eligibility threshold.
Uber Technologies has hired an ex-adviser to former British prime minister David Cameron to lead the ride-hailing firm's lobbying efforts in northern Europe, less than a month after the company won a reprieve to operate in London.
Amazon.com Inc is in early talks to invest in Indian pharmacy chain MedPlus, Indian news website FactorDaily reported on Tuesday, citing sources.
Chinese e-commerce giant Alibaba Group Holding Ltd <BABA.N> on Wednesday said it has agreed to acquire a minority stake in China's Focus Media Information Technology Co Ltd <002027.SZ> to tap into the digital marketing sector.
Germany-based SAP's late push into fast-growing sales and marketing software has won Europe's most valuable technology company plaudits from industry analysts. Now it must show it can deliver.
Southeast Asia's Grab is jointly investing S$6 million ($4.4 million) with the National University of Singapore to launch an artificial intelligence (AI) laboratory to help improve the efficiency and utilization of vehicles on its platform.
Bigtree Entertainment Pvt Ltd, owner of online movie and events ticketing portal BookMyShow, on Wednesday said it has raised $100 million in its latest round of funding from a group of investors.
America Movil, Latin America's largest telecoms firm by number of subscribers, said on Wednesday that it is still evaluating whether to participate in the sale of Brazil's Cemig Telecom.
The French government said on Wednesday that it welcomed the record 4.34 billion euros ($5 billion) fine imposed on Google by European Union regulators, with a government spokesman describing it as an "excellent decision".
Google said it will appeal against a record 4.34-billion-euro ($5.04 billion) fine levied by EU antitrust regulators on Wednesday over illegal restrictions on Android smartphone makers and mobile network operators.
EU Competition Commissioner Margrethe Vestager said she "very much liked" the United States, countering a reported remark by President Donald Trump that she "hated" the country because of her antitrust actions against U.S. firms.
BRUSSELS - Alphabet unit Google was hit with a record-breaking 4.34 billion euro ($5.04 billion) fine on Wednesday, topping the 2.4 billion euros it was ordered to pay in another case last year.
A U.S. appeals court gave investors in Toshiba Corp's U.S.-listed securities another chance to show they suffered losses because the Japanese industrial conglomerate misled them about its internal controls before a 2015 accounting scandal.
EU antitrust chief Margrethe Vestager will brief Google CEO Sundar Pichai by telephone later on Tuesday on her ruling on the company's Android mobile operating system, a person familiar with the matter said.
Uber Technologies Inc said on Tuesday that it has invested more than $500 million in Mexico since it launched there in 2013, underscoring the country's importance to the ride-hailing firm as it faces new competition.
Mexico's America Movil, the largest telecommunications firm in Latin America by number of subscribers, saw its net profit slide 94 percent in the second quarter, hammered by currency-related swings.
The number of Britons subscribing to TV services like Netflix, Amazon and Sky's NOW TV, has overtaken traditional satellite and cable TV for the first time, media regulator Ofcom said on Wednesday.
EU antitrust regulators hit Google with a record 4.34 billion euro ($5 billion) fine on Wednesday for using its Android mobile operating system to squeeze out rivals, and Google said it would appeal.
Amazon.com Inc <AMZN.O> said online shoppers purchased more than 100 million products worldwide during its Prime Day sale, despite glitches on its mobile app and websites that prevented customers from placing orders.
Alphabet Inc's Google said on Wednesday it has launched an artificial intelligence (AI) game on Tencent Holdings Ltd social media app WeChat, as the company continues to show tentative signs of re-entering China's consumer market.
Germany has said 1,050 owners of the Tesla Model S must forgo a 2,000 euro electric car subsidy because the value of their vehicles surpasses an eligibility threshold.
Uber Technologies has hired an ex-adviser to former British prime minister David Cameron to lead the ride-hailing firm's lobbying efforts in northern Europe, less than a month after the company won a reprieve to operate in London.
Amazon.com Inc is in early talks to invest in Indian pharmacy chain MedPlus, Indian news website FactorDaily reported on Tuesday, citing sources.
Chinese e-commerce giant Alibaba Group Holding Ltd <BABA.N> on Wednesday said it has agreed to acquire a minority stake in China's Focus Media Information Technology Co Ltd <002027.SZ> to tap into the digital marketing sector.
Germany-based SAP's late push into fast-growing sales and marketing software has won Europe's most valuable technology company plaudits from industry analysts. Now it must show it can deliver.
Southeast Asia's Grab is jointly investing S$6 million ($4.4 million) with the National University of Singapore to launch an artificial intelligence (AI) laboratory to help improve the efficiency and utilization of vehicles on its platform.
Bigtree Entertainment Pvt Ltd, owner of online movie and events ticketing portal BookMyShow, on Wednesday said it has raised $100 million in its latest round of funding from a group of investors.
America Movil, Latin America's largest telecoms firm by number of subscribers, said on Wednesday that it is still evaluating whether to participate in the sale of Brazil's Cemig Telecom.
The French government said on Wednesday that it welcomed the record 4.34 billion euros ($5 billion) fine imposed on Google by European Union regulators, with a government spokesman describing it as an "excellent decision".
Google said it will appeal against a record 4.34-billion-euro ($5.04 billion) fine levied by EU antitrust regulators on Wednesday over illegal restrictions on Android smartphone makers and mobile network operators.
EU Competition Commissioner Margrethe Vestager said she "very much liked" the United States, countering a reported remark by President Donald Trump that she "hated" the country because of her antitrust actions against U.S. firms.
BRUSSELS - Alphabet unit Google was hit with a record-breaking 4.34 billion euro ($5.04 billion) fine on Wednesday, topping the 2.4 billion euros it was ordered to pay in another case last year.
A U.S. appeals court gave investors in Toshiba Corp's U.S.-listed securities another chance to show they suffered losses because the Japanese industrial conglomerate misled them about its internal controls before a 2015 accounting scandal.
EU antitrust chief Margrethe Vestager will brief Google CEO Sundar Pichai by telephone later on Tuesday on her ruling on the company's Android mobile operating system, a person familiar with the matter said.
Uber Technologies Inc said on Tuesday that it has invested more than $500 million in Mexico since it launched there in 2013, underscoring the country's importance to the ride-hailing firm as it faces new competition.
Mexico's America Movil, the largest telecommunications firm in Latin America by number of subscribers, saw its net profit slide 94 percent in the second quarter, hammered by currency-related swings.
The number of Britons subscribing to TV services like Netflix, Amazon and Sky's NOW TV, has overtaken traditional satellite and cable TV for the first time, media regulator Ofcom said on Wednesday.
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