Technology News
Technology News coverage from Reuters.
The U.S. Treasury Department is drafting curbs that would block firms with at least 25 percent Chinese ownership from buying U.S. companies with "industrially significant technology," a government official briefed on the matter said on Sunday.
Uber [UBER.UL] went to court on Monday to overturn a decision stripping it of its license in London after being ruled unfit to run a taxi service in its most important European market.
A venture owned partly by China fintech firm Ant Financial launched on Monday a blockchain-powered cash remittance service between Hong Kong and the Philippines, an initiative the territory hopes will improve its fintech reputation.
Xerox Corp said on Monday it would start sourcing products from new vendors to lower its dependency on Fujifilm Holdings Corp and may not renew its technology agreement with the 56-year-old joint venture Fuji Xerox.
Enel agreed a deal on Monday that could see it spend more than 2 billion euros ($2.3 billion) to buy Latin American fiber company Ufinet International, as the Italian company looks to advance its ultrafast broadband ambitions.
Japan's Toshiba Corp <6502.T> on Monday said the U.S. Securities and Exchange Commission (SEC) had completed an investigation of its past accounting practices without fining the company.
Bicycle-sharing company oBike ceased operating in its home market of Singapore on Monday, citing difficulties in meeting tightened regulations in the city-state that seek to clamp down on haphazard parking of dock-less bikes.
AT&T Inc said on Monday it would acquire online advertisement exchange company AppNexus Inc.
A WhatsApp text circulating in some districts of India's central Madhya Pradesh state helped to inflame a mob of 50-60 villagers into savagely beating up two innocent men last week on suspicion that they were going to murder people and sell their body parts.
China's Meituan Dianping, an online food delivery-to-ticketing services platform, is bringing its initial public offering (IPO) to Hong Kong, where it aims to raise over $4 billion, three people with knowledge of the deal said.
Growing up in the Chinese port city of Dalian in the 1990s, Zhang Hongchang spent hours immersed in Japanese cartoons like Dragon Ball and Naruto.
Some small investors who want to give a piece of their minds to big tech company directors are losing their only chance: many board members are skipping annual shareholder meetings. Companies that hold meetings online have some of the worst records for attendance.
Chinese smartphone maker Xiaomi Corp <IPO-XMGP.HK> said on Saturday there is no time frame for a mainland share offering, casting doubt on Beijing's efforts to lure foreign-listed Chinese tech giants back home.
ZTE Corp <000063.SZ> is expected to deposit $400 million in an escrow account in a U.S. bank in the "next couple of days," the last step the Chinese company must take before a ban on U.S. suppliers can be lifted, a U.S. Department of Commerce official told Reuters on Friday.
Bitfinex Chief Strategy Officer Phil Potter is leaving the cryptocurrency trading platform, the executive and the exchange told Reuters on Friday.
A machine used for paper recycling caught fire Thursday night at Tesla Inc's <TSLA.O> Fremont, California, campus, outside the company's car production factory, but manufacturing was not affected, the company said.
The U.S. Supreme Court on Friday imposed limits on the ability of police to obtain cellphone data pinpointing the past location of criminal suspects in a major victory for digital privacy advocates and a setback for law enforcement authorities.
Electric car maker Tesla Inc's move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to three internal company documents and seven current and former Tesla solar employees.
The safety driver behind the wheel of a self-driving Uber car in Tempe, Arizona, was streaming a television show on her phone until about the time of a fatal crash, according to a police report that deemed the March 18 incident "entirely avoidable."
California-based bicycle sharing service Lime will launch a fleet of dock-free electric scooters in Paris on Friday as part of a wider roll-out in several European cities, the firm said.
The U.S. Treasury Department is drafting curbs that would block firms with at least 25 percent Chinese ownership from buying U.S. companies with "industrially significant technology," a government official briefed on the matter said on Sunday.
Uber [UBER.UL] went to court on Monday to overturn a decision stripping it of its license in London after being ruled unfit to run a taxi service in its most important European market.
A venture owned partly by China fintech firm Ant Financial launched on Monday a blockchain-powered cash remittance service between Hong Kong and the Philippines, an initiative the territory hopes will improve its fintech reputation.
Xerox Corp said on Monday it would start sourcing products from new vendors to lower its dependency on Fujifilm Holdings Corp and may not renew its technology agreement with the 56-year-old joint venture Fuji Xerox.
Enel agreed a deal on Monday that could see it spend more than 2 billion euros ($2.3 billion) to buy Latin American fiber company Ufinet International, as the Italian company looks to advance its ultrafast broadband ambitions.
Japan's Toshiba Corp <6502.T> on Monday said the U.S. Securities and Exchange Commission (SEC) had completed an investigation of its past accounting practices without fining the company.
Bicycle-sharing company oBike ceased operating in its home market of Singapore on Monday, citing difficulties in meeting tightened regulations in the city-state that seek to clamp down on haphazard parking of dock-less bikes.
AT&T Inc said on Monday it would acquire online advertisement exchange company AppNexus Inc.
A WhatsApp text circulating in some districts of India's central Madhya Pradesh state helped to inflame a mob of 50-60 villagers into savagely beating up two innocent men last week on suspicion that they were going to murder people and sell their body parts.
China's Meituan Dianping, an online food delivery-to-ticketing services platform, is bringing its initial public offering (IPO) to Hong Kong, where it aims to raise over $4 billion, three people with knowledge of the deal said.
Growing up in the Chinese port city of Dalian in the 1990s, Zhang Hongchang spent hours immersed in Japanese cartoons like Dragon Ball and Naruto.
Some small investors who want to give a piece of their minds to big tech company directors are losing their only chance: many board members are skipping annual shareholder meetings. Companies that hold meetings online have some of the worst records for attendance.
Chinese smartphone maker Xiaomi Corp <IPO-XMGP.HK> said on Saturday there is no time frame for a mainland share offering, casting doubt on Beijing's efforts to lure foreign-listed Chinese tech giants back home.
ZTE Corp <000063.SZ> is expected to deposit $400 million in an escrow account in a U.S. bank in the "next couple of days," the last step the Chinese company must take before a ban on U.S. suppliers can be lifted, a U.S. Department of Commerce official told Reuters on Friday.
Bitfinex Chief Strategy Officer Phil Potter is leaving the cryptocurrency trading platform, the executive and the exchange told Reuters on Friday.
A machine used for paper recycling caught fire Thursday night at Tesla Inc's <TSLA.O> Fremont, California, campus, outside the company's car production factory, but manufacturing was not affected, the company said.
The U.S. Supreme Court on Friday imposed limits on the ability of police to obtain cellphone data pinpointing the past location of criminal suspects in a major victory for digital privacy advocates and a setback for law enforcement authorities.
Electric car maker Tesla Inc's move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to three internal company documents and seven current and former Tesla solar employees.
The safety driver behind the wheel of a self-driving Uber car in Tempe, Arizona, was streaming a television show on her phone until about the time of a fatal crash, according to a police report that deemed the March 18 incident "entirely avoidable."
California-based bicycle sharing service Lime will launch a fleet of dock-free electric scooters in Paris on Friday as part of a wider roll-out in several European cities, the firm said.
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