Technology News
Technology News coverage from Reuters.
Apple Inc <AAPL.O> says it has pulled illegal lottery apps from its App Store in China amid tightening regulation and a barrage of criticism from state media.
Tesla Inc's <TSLA.O> shares slumped 9 percent on Friday after Chief Executive Officer Elon Musk told the New York Times he was under major emotional stress and was preparing for "extreme torture" from short sellers.
The U.S. government is trying to force Facebook Inc <FB.O> to break the encryption in its popular Messenger app so law enforcement may listen to a suspect's voice conversations in a criminal probe, three people briefed on the case said, resurrecting the issue of whether companies can be compelled to alter their products to enable surveillance.
Rocket Internet's finance chief Peter Kimpel had resigned to pursue a new management challenge, the German company said in a statement on Monday.
The summer roller-coaster in two of the four big-cap 'FANG' names - Facebook Inc, Amazon.com Inc, Netflix Inc and Google-parent Alphabet Inc - has led to a shift, albeit slight, into value stocks.
The Chief Financial Officer of Infosys Ltd has tendered his resignation just seven months after India's second-biggest software services exporter appointed a new Chief Executive Officer.
Fears of e-commerce taking off in Brazil have sunk shares of the country's big mall operators this year, but industry executives expressed confidence that local shopping habits, the reputation of malls as public spaces safe from crime and other factors will help them avoid the shakeout that has hit their U.S. peers.
Chinese content aggregator Qutoutiao Inc, which is backed by technology giant Tencent Holdings Ltd, filed for an initial public offering of up to $300 million with the U.S. Securities and Exchange Commission on Friday.
Google is not close to launching a search engine app in China, its chief executive said at a companywide meeting on Thursday, according to a transcript seen by Reuters, as employees of the Alphabet Inc <GOOGL.O> unit called for more transparency and oversight of the project.
Uber [UBER.UL] the global ride-hailing company, is considering expanding into two other East African countries before the end of 2018, focusing on low cost services like Chap Chap in Kenya, the company said on Friday.
Go-Jek, Indonesia's first billion-dollar startup, is "extremely close" to achieving profitability in all its segments, except transportation, its founder and CEO Nadiem Makarim told Reuters.
Nvidia Corp <NVDA.O> shares fell as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise beat expectations.
Several Tesla Inc <TSLA.O> shareholders have told Reuters they are concerned that the electric car maker will have to pay more to fund its growth if it becomes a private company and loses the ability to sell new shares to stock market investors.
Rovio Entertainment <ROVIO.HE>, the maker of the "Angry Birds" mobile game series and movie, on Friday reported an increase in second-quarter sales at its games business, providing a positive sign for investors after a profit warning in February.
Elon Musk's rocket company, SpaceX, could help fund a bid to take electric car company Tesla Inc <TSLA.O> private, the New York Times reported on Thursday, quoting people familiar with the matter.
Ride-hailing company Uber Technologies Inc [UBER.UL] plans to open a 250 million reais ($64 million) center in Brazil to develop technology to improve safety for its riders and drivers, including for drivers to accept cash, a key payment method in its rapid expansion in Latin America, the company said on Friday.
Cryptocurrency scams are using images of celebrities and upmarket London addresses to hoodwink consumers into parting with cash, Britain's Financial Conduct Authority has said.
Turkish fixed-line operator Turk Telekom said on Friday that it clinched a cooperation deal with Vestel after President Tayyip Erdogan called on Turks to use locally-made mobile phones instead of Apple's iPhone.
Apple Inc <APPL.O> said on Friday no customer data was compromised after Australian media reported a teenager had pleaded guilty to hacking into its main computer network, downloading internal files and accessing customer accounts.
An employee fired from Tesla Inc's <TSLA.O> Nevada battery factory filed a whistleblower complaint with the U.S. Securities and Exchange Commission, accusing the company of spying on employees and failing to act after learning that a Mexican cartel may be dealing drugs inside the plant, his attorney said on Thursday.
Apple Inc <AAPL.O> says it has pulled illegal lottery apps from its App Store in China amid tightening regulation and a barrage of criticism from state media.
Tesla Inc's <TSLA.O> shares slumped 9 percent on Friday after Chief Executive Officer Elon Musk told the New York Times he was under major emotional stress and was preparing for "extreme torture" from short sellers.
The U.S. government is trying to force Facebook Inc <FB.O> to break the encryption in its popular Messenger app so law enforcement may listen to a suspect's voice conversations in a criminal probe, three people briefed on the case said, resurrecting the issue of whether companies can be compelled to alter their products to enable surveillance.
Rocket Internet's finance chief Peter Kimpel had resigned to pursue a new management challenge, the German company said in a statement on Monday.
The summer roller-coaster in two of the four big-cap 'FANG' names - Facebook Inc, Amazon.com Inc, Netflix Inc and Google-parent Alphabet Inc - has led to a shift, albeit slight, into value stocks.
The Chief Financial Officer of Infosys Ltd has tendered his resignation just seven months after India's second-biggest software services exporter appointed a new Chief Executive Officer.
Fears of e-commerce taking off in Brazil have sunk shares of the country's big mall operators this year, but industry executives expressed confidence that local shopping habits, the reputation of malls as public spaces safe from crime and other factors will help them avoid the shakeout that has hit their U.S. peers.
Chinese content aggregator Qutoutiao Inc, which is backed by technology giant Tencent Holdings Ltd, filed for an initial public offering of up to $300 million with the U.S. Securities and Exchange Commission on Friday.
Google is not close to launching a search engine app in China, its chief executive said at a companywide meeting on Thursday, according to a transcript seen by Reuters, as employees of the Alphabet Inc <GOOGL.O> unit called for more transparency and oversight of the project.
Uber [UBER.UL] the global ride-hailing company, is considering expanding into two other East African countries before the end of 2018, focusing on low cost services like Chap Chap in Kenya, the company said on Friday.
Go-Jek, Indonesia's first billion-dollar startup, is "extremely close" to achieving profitability in all its segments, except transportation, its founder and CEO Nadiem Makarim told Reuters.
Nvidia Corp <NVDA.O> shares fell as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise beat expectations.
Several Tesla Inc <TSLA.O> shareholders have told Reuters they are concerned that the electric car maker will have to pay more to fund its growth if it becomes a private company and loses the ability to sell new shares to stock market investors.
Rovio Entertainment <ROVIO.HE>, the maker of the "Angry Birds" mobile game series and movie, on Friday reported an increase in second-quarter sales at its games business, providing a positive sign for investors after a profit warning in February.
Elon Musk's rocket company, SpaceX, could help fund a bid to take electric car company Tesla Inc <TSLA.O> private, the New York Times reported on Thursday, quoting people familiar with the matter.
Ride-hailing company Uber Technologies Inc [UBER.UL] plans to open a 250 million reais ($64 million) center in Brazil to develop technology to improve safety for its riders and drivers, including for drivers to accept cash, a key payment method in its rapid expansion in Latin America, the company said on Friday.
Cryptocurrency scams are using images of celebrities and upmarket London addresses to hoodwink consumers into parting with cash, Britain's Financial Conduct Authority has said.
Turkish fixed-line operator Turk Telekom said on Friday that it clinched a cooperation deal with Vestel after President Tayyip Erdogan called on Turks to use locally-made mobile phones instead of Apple's iPhone.
Apple Inc <APPL.O> said on Friday no customer data was compromised after Australian media reported a teenager had pleaded guilty to hacking into its main computer network, downloading internal files and accessing customer accounts.
An employee fired from Tesla Inc's <TSLA.O> Nevada battery factory filed a whistleblower complaint with the U.S. Securities and Exchange Commission, accusing the company of spying on employees and failing to act after learning that a Mexican cartel may be dealing drugs inside the plant, his attorney said on Thursday.
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