Technology News

Technology News coverage from Reuters.

Cyber Riskan hour ago

People walk past the building housing the offices of Cambridge Analytica in central London, Britain, March 20, 2018. REUTERS/Henry Nicholls

The suspended chief executive of Cambridge Analytica said in a secretly recorded video broadcast on Tuesday that his UK-based political consultancy's online campaign played a decisive role in U.S. President Donald Trump's 2016 election victory.

Business News6 hours ago

FILE PHOTO - A view of the new Amazon logistic center with the company's logo in Dortmund, Germany November 14, 2017. REUTERS/Thilo Schmuelgen <AMZN.O> became the second most valuable publicly listed U.S. company on Tuesday, surpassing Google parent Alphabet Inc <GOOGL.O> for the first time.

Business News4 hours ago

National Transportation Safety Board (NTSB) investigators examine a self-driving Uber vehicle involved in a fatal accident in Tempe, Arizona, U.S., March 20, 2018. National Transportation Safety Board/Handout via REUTERS

Arizona officials said on Tuesday they saw no immediate need to tighten rules on the testing of self-driving cars in the state in reaction to a fatal accident involving an Uber autonomous vehicle that has focused attention on the safety of the new technology.

Business News3 hours ago

FILE PHOTO - The Google logo is seen at the "Station F" start up campus in Paris, France, February 15, 2018. REUTERS/Benoit Tessier

The European Commission will propose rules on Wednesday designed to make digital companies pay their fair share of tax and set to hit U.S. tech giants such as Google <GOOGL.O> and Facebook <FB.O>.

Cyber Risk3 hours ago

FILE PHOTO: A hooded man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration/File photo

Orbitz, a subsidiary of online travel agency Expedia Inc <EXPE.O>, said on Tuesday that hackers may have accessed personal information from about 880,000 payment cards.

Business News6 hours ago

FILE PHOTO - Spotify CEO Daniel Ek speaks during a media event in New York, U.S., May 20, 2015. REUTERS/Shannon Stapleton/File Photo

Daniel Ek, the CEO and co-founder of streaming music leader Spotify Technology SA <SPOT.N>, is eligible to sell up to 15.8 million shares of the company worth up to $2 billion in its direct listing, the company disclosed in a filing on Tuesday.

Business News10 hours ago

FILE PHOTO: A worker gathers items for delivery from the warehouse floor at Amazon's distribution center in Phoenix, Arizona, U.S., on November 22, 2013.  REUTERS/Ralph D. Freso/File Photo Inc is making a push for merchants on its website to sell goods into other countries, setting the stage for greater competition with rival marketplaces run by eBay Inc and potentially Alibaba Group Holding Ltd.

Business News6 hours ago

FILE PHOTO - An AT&T logo is pictured in Pasadena, California, U.S., January 24, 2018. REUTERS/Mario Anzuoni

In a preview of arguments in a trial over AT&T's <T.N> deal to buy Time Warner Inc <TWX.N>, government lawyers said on Tuesday the deal will raise prices for consumers while AT&T's lawyer argued the company has no reason to withhold programming from competitors as feared.

Fintech6 hours ago

Virtual currency Bitcoin tokens are seen in this illustration picture, December 8, 2017. Picture taken December 8. REUTERS/Dado Ruvic/Illustration

Financial policymakers from the world's top 20 economies agreed to keep a watchful eye on cryptocurrencies on Tuesday and opened the door to regulating the booming industry at a later stage.

Business News9 hours ago

FILE PHOTO - Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the International Space Station Research and Development Conference in Washington, U.S., July 19, 2017. REUTERS/Aaron P. Bernstein

U.S. electric car company Tesla Inc <TSLA.O> said on Tuesday that Chief Executive Elon Musk, who was visiting Israel, did not discuss a collaboration with artificial intelligence firm Cortica.

Technology News5 hours ago

People stand outside the Chelsea Market in Manhattan in New York City, New York, U.S., March 28, 2017. REUTERS/Mike Segar

The $2.4 billion sale of New York's Chelsea Market to Alphabet Inc's Google closed on Tuesday in a deal that will expand the company's presence in the city's technology corridor along the Hudson River.

Business News5 hours ago

A figurine is seen in front of the Facebook logo in this illustration taken, March 20, 2018. REUTERS/Dado Ruvic

Shares of Facebook, Twitter and Snapchat-owner Snap fell further on Tuesday as Wall Street fretted over potential regulatory scrutiny that could hobble the business of the social networks.

Technology News6 hours ago

Chipmaker Advanced Micro Devices Inc said on Tuesday it planned to release patches to fix some of the flaws in its microprocessors pointed out by CTS Labs last week.

Business News7 hours ago

FILE PHOTO - The AT&T logo is pictured during the Forbes Forum 2017 in Mexico City, Mexico, September 18, 2017. REUTERS/Edgard Garrido

Opening statements in the trial to decide if AT&T Inc <T.N> may buy Time Warner Inc <TWX.N> were delayed by one day until Thursday because of forecasts of bad weather in Washington.

Business News8 hours ago

Alexander Nix, CEO of Cambridge Analytica arrives at the offices of Cambridge Analytica in central London, Britain, March 20, 2018. REUTERS/Henry Nicholls

The suspended chief executive of UK-based political consultancy Cambridge Analytica claimed in secretly recorded video that his company played a decisive role in the 2016 election campaign of President Donald Trump, Channel 4 News reported on Tuesday.

Business News8 hours ago

An Uber self-driving sport utility vehicle struck and killed a woman crossing a street in Arizona on Sunday, the first fatality involving an autonomous vehicle and a potential blow to the technology expected to transform transportation.

Business News8 hours ago

FILE PHOTO - Facebook founder Mark Zuckerberg speaks during the Alumni Exercises following the 366th Commencement Exercises at Harvard University in Cambridge, Massachusetts, U.S., May 25, 2017. REUTERS/Brian Snyder

U.S. Senator Dianne Feinstein, the top Democrat on the Judiciary Committee, said on Tuesday that Facebook Inc chief executive Mark Zuckerberg should testify in Congress about his company's treatment of users' data.

Cyber Risk9 hours ago

FILE PHOTO: CEO of Cambridge Analytica, Alexander Nix, speaks during the Web Summit, Europe's biggest tech conference, in Lisbon, Portugal, November 9, 2017. REUTERS/Pedro Nunes/File Photo

British data analytics firm Cambridge Analytica is at the center of controversy in the United States and Britain after two newspapers reported on Sunday that the company harvested personal data about Facebook users beginning in 2014.

Business News9 hours ago

German Justice Minister Katarina Barley leaves after receiving her certificate of appointment from President Frank-Walter Steinmeier at Bellevue Palace in Berlin, Germany, March 14, 2018. REUTERS/Fabrizio Bensch

Germany on Tuesday voiced alarm at reports that a political consultancy hired by Donald Trump improperly accessed information on 50 million Facebook users, and lawmakers demanded answers from the company and the government.

Business News9 hours ago

A 3D-printed Facebook logo is displayed in front of binary digits in this illustration taken, March 18, 2018. REUTERS/Dado Ruvic/Illustration

State attorneys general for Massachusetts and New York sent a letter to Facebook Inc on Tuesday demanding information about personal data that ended up in the hands of analytics firm Cambridge Analytica, a person familiar with the matter said.

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