Technology News

Technology News coverage from Reuters.

Business News13 hours ago

FILE PHOTO: A sign to the campus offices of chip maker Broadcom Ltd, who announced on Monday an unsolicited bid to buy peer Qualcomm Inc for $103 billion, is shown in Irvine, California, U.S., November 6, 2017.     REUTERS/Mike Blake/File Photo

The U.S. Federal Trade Commission has made a second request for information on chipmaker Broadcom Ltd's $103 billion hostile bid for Qualcomm Inc, Broadcom said in a statement on Friday, a move that could indicate heightened antitrust scrutiny.

Technology News12 hours ago

U.S. President Donald Trump waves after addressing the annual March for Life rally, taking place on the National Mall, from the White House Rose Garden in Washington, U.S., January 19, 2018. REUTERS/Carlos Barria

U.S. President Donald Trump on Friday said he signed into law a bill renewing the National Security Agency's warrantless internet surveillance program, sealing a defeat for digital privacy advocates.

Technology News13 hours ago

FILE PHOTO: Facebook Founder and CEO Mark Zuckerberg speaks on stage during the annual Facebook F8 developers conference in San Jose, California, U.S., April 18, 2017. REUTERS/Stephen Lam/File Photo

Facebook Inc will prioritize "trustworthy" news in its feed of social media posts, using member surveys to identify high-quality outlets and fight sensationalism and misinformation, Chief Executive Mark Zuckerberg said on Friday.

Business News7 hours ago

FILE PHOTO: People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this illustration picture taken September 27, 2013. REUTERS/Kacper Pempel/Illustration/File Photo

Twitter Inc <TWTR.N>, which is reviewing Russian interference during the 2016 U.S. elections, said on Friday it would notify some of its users whether they were exposed to content generated by a suspected Russian propaganda service.

Business News12 hours ago

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

AT&T, owner of DirecTV, is asking for documents from a long list of companies as part of preparation for a trial to determine if they will be allowed to buy movie and TV show maker Time Warner, their lawyer Daniel Petrocelli said in a pre-trial hearing on Friday.

Technology News20 hours ago

FILE PHOTO: Amazon Prime Now delivery bags are seen in this illustration photo July 27, 2017.   REUTERS/Thomas White/Illustration

Amazon.com Inc <AMZN.O> raised the monthly fee for the U.S. version of its fast-shipping and video-streaming service Amazon Prime by $2 on Friday, making the case for subscribers to upgrade to an annual plan.

Technology News12 hours ago

A former software engineer for IBM in China was sentenced to five years in prison after he pleaded guilty to stealing proprietary source code from the company, prosecutors announced on Friday.

Technology News16 hours ago

Canada's largest utility, Hydro Quebec, is reviewing its commercial energy strategy after being inundated with demand from global digital currency miners rushing to the province to benefit from political stability and low energy prices.

Technology News13 hours ago

Private equity firm Vista Equity Partners Management LLC is exploring options for two software companies it owns, PowerSchool and PeopleAdmin, that could involve combining them in a deal worth between $2 billion to $3 billion, according to people familiar with the matter.

Business Newsa day ago

FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration December 8, 2017. REUTERS/Benoit Tessier/Illustration/File Photo

The U.S. securities regulator on Thursday raised alarm about the safety of bitcoin-themed investments, telling the fund industry they want answers to their concerns before endorsing more than a dozen proposed products based on cryptocurrencies.

Technology News13 hours ago

A man uses his laptop next to Lenovo's logos during the Mobile World Congress in Barcelona, Spain February 25, 2016. REUTERS/Albert Gea

Lenovo Group Ltd said on Wednesday it expected to make a one-off charge of $400 million for nine months ended in December due to a reassessment of U.S. deferred tax assets.

Technology News14 hours ago

FILE PHOTO: A sign of Tencent is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China, December 3, 2017. REUTERS/Aly Song/File Photo

Alphabet Inc's Google has agreed to a patent licensing deal with Tencent Holdings Ltd as it looks for ways to expand in China where many of its products, such as app store, search engine and email service, are blocked by regulators.

Fintech19 hours ago

An attendant holds a bitcoin sign during the opening of Hong Kong's first bitcoin retail store February 28, 2014. REUTERS/Bobby Yip/File Photo

China will crack down on online pyramid schemes, including speculation masked as cryptocurrencies and online games, the public security ministry said on Friday.

Fintech20 hours ago

A Bitcoin sign is seen in Kuta on the resort island of Bali, Indonesia January 18, 2018. Picture taken January 18, 2018.  REUTERS/Nyimas Laula

India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax department said.

Fintecha day ago

FILE PHOTO: A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica, California, U.S., January 4, 2018. REUTERS/Lucy Nicholson

The U.S. derivatives watchdog said on Friday that it has filed charges against three separate virtual currency operators alleging the defendants had defrauded customers and broken other commodity trading rules, in a further sign regulators globally are cracking down on the emerging asset class.

Technology Newsa day ago

FILE PHOTO: Pedestrians pass a video advertisement for IBM at their office in Cambridge, Massachusetts, U.S., January 16, 2018.   REUTERS/Brian Snyder

Shares in International Business Machines fell 2.6 percent on Friday as analysts judged a "disappointing" full-year profit forecast showed that the company would take more time to get back on a path of steady growth.

Business Newsa day ago

FILE PHOTO: (L-R) iPhone 8 Plus, iPhone X and iPhone 8 models are displayed during an Apple launch event in Cupertino, California, U.S., September 12, 2017. REUTERS/Stephen Lam/File Photo

A South Korean consumer group has filed a criminal complaint against Apple Inc CEO Tim Cook over slower iPhone devices, after probes in Europe into allegations the firm had deliberately shortened the life of its handsets.

Technology Newsa day ago

FILE PHOTO: A man works on a tent for NXP Semiconductors in preparation for the 2015 International Consumer Electronics Show (CES) at Las Vegas Convention Center in Las Vegas, Nevada, U.S. on January 4, 2015.   REUTERS/Steve Marcus/File Photo

Elliott Management Corp said on Friday NXP Semiconductors NV is worth much more than its previous assessment of $135 per share and Qualcomm Inc's $110 offer to buy the chipmaker.

Technology Newsa day ago

Manu Kumar Jain, Managing Director of Xiaomi India, poses next to the logo of Xiaomi after an interview with Reuters inside his office in Bengaluru, India, January 18, 2018. Picture taken January 18, 2018. REUTERS/Abhishek N. Chinnappa

China's Xiaomi plans to expand its Indian store network as it attempts to grab the lead in a smartphone market which Korea's Samsung has dominated for more than five years.

Technology Newsa day ago

Vandals damaged Apple Inc and Alphabet Inc charter buses carrying employees to and from work in California's Silicon Valley in recent days, police said on Thursday.

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