Technology News

Technology News coverage from Reuters.

Business Newsin 16 hours

FILE PHOTO: A sign is seen outside Tesla Motors' new showroom in Manhattan's Meatpacking District in New York City, U.S., December 14, 2017.   REUTERS/Brendan McDermid/File Photo

Tesla Inc has sued a former employee claiming that he hacked the electric carmaker's trade secrets and transferred large amounts of company data to third parties, according to a lawsuit filed in federal court in Nevada on Wednesday.

Business Newsin 14 hours

FILE PHOTO: A 3D-printed Facebook like button is seen in front of the Facebook logo, in this illustration taken October 25, 2017. REUTERS/Dado Ruvic/Illustration/File Photo

Four of the five so-called FAANG stocks – Facebook, Alphabet, Amazon and Netflix – surged to all-time highs on Wednesday, with only Apple spoiling a perfect scorecard.

Technology Newsin 2 hours

A man is silhouetted against a commercial building at a business district in Tokyo, Japan March 7, 2018. REUTERS/Kim Kyung-Hoon

Around a quarter of Japanese businesses have made progress on meeting some of the easier requirements under Europe's new data privacy regulations while about another 20 percent plan to do so, a Reuters poll found.

Technology Newsin 2 hours

California-based bicycle sharing service Lime said it will launch a fleet of dock-free electric scooters in Paris starting June 22.

Business Newsin 12 hours

The logo of China's ZTE Corp is seen at the lobby of ZTE Beijing research and development center building in Beijing, China June 13, 2018. REUTERS/Jason Lee

U.S. President Donald Trump and a group of Republicans from the Senate and House of Representatives met at the White House on Wednesday to discuss their disagreement over how to penalize Chinese telecommunications company ZTE Corp.

Business Newsin 11 hours

FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol/File Photo

Well-regarded surgeon and author Atul Gawande, a critic of his industry's medical practices, will lead the new company being formed by Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co that aims to cut U.S. employee healthcare costs, the companies said on Wednesday.

Technology Newsin 2 hours

FILE PHOTO: Telenor's logo is seen in central Belgrade, Serbia, March 21, 2018. REUTERS/Marko Djurica/File Photo

Norway's Competition Authority fined Telenor 788 million crowns ($96.3 million) on Thursday, saying the country's largest telecoms provider had abused its dominant market position.

Technology Newsin 4 hours

FILE PHOTO: A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at its headquarters in Hsinchu, Taiwan October 5, 2017.  Picture taken October 5, 2017. REUTERS/Eason Lam

Taiwan Semiconductor Manufacturing Co Ltd, a supplier to Apple Inc, said on Thursday it expects to invest $25 billion in 5 nanometer node technology.

Technology Newsin 12 hours

FILE PHOTO: The Instagram application is seen on a phone screen August 3, 2017.   REUTERS/Thomas White

Facebook Inc-owned <FB.O> social network Instagram launched a mobile app on Wednesday dedicated to user-generated videos up to an hour long, intensifying the competition for consumers' time among ad-supported streaming services such as YouTube.

Business Newsin 5 hours

FILE PHOTO: The logo of Google is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018. REUTERS/Charles Platiau

Some Republican and Democratic U.S. lawmakers asked Alphabet Inc's <GOOGL.O> Google on Wednesday to reconsider its work with Chinese telecommunications firm Huawei Technologies Co Ltd, which they described as a security threat.

Business Newsin 18 minutes

Students attend Code Chrysalis, a software-coding boot camp, at a basement room in Tokyo, Japan, May 23 2018. REUTERS/Toru Hanai

Barely six months after inaugurating a tiny software-coding boot camp in a basement in Tokyo, Silicon Valley transplant Kani Munidasa stood before some of Japan's top business leaders in February with a warning: software was threatening their future.

Technology Newsin 3 hours

FILE PHOTO: A sign displays the logo of Dixons Carphone at the company headquarters in London, Britain August 1, 2017. REUTERS/Neil Hall/File Photo

Dixons Carphone <DC.L>, the troubled British electricals and mobile phone retailer, on Thursday reported a 24 percent slump in annual profit, as expected, and said it would take time to turnaround the group's performance in a tough market.

Business Newsin 4 hours

Company logos of Xiaomi are seen on the boxes of mice at a Xiaomi store in Beijing, China June 21, 2018. REUTERS/Jason Lee

Chinese smartphone maker Xiaomi Corp has lined up $548 million from seven cornerstone investors including U.S. chipmaker Qualcomm Inc for its Hong Kong IPO of up to $6.1 billion, according to a term sheet seen by Reuters.

Technology Newsin 14 hours

FILE PHOTO: Plastic pens with logos of Altice are pictured before a news conference in Paris, France March 20, 2018. REUTERS/Benoit Tessier/File Photo

Dutch-based telecoms and cable group Altice plans to raise 2.5 billion euros ($2.9 billion) from selling stakes in its telecoms towers businesses in France and Portugal to reduce its debt, the company said on Wednesday.

Technology Newsin 15 hours

The veteran boss of advertising giant IPG said he does not recognize the talk of "doom and gloom" in his industry, arguing the holding companies are needed more than ever to help clients chart the rapidly changing territory.

Technology Newsin 16 hours

FILE PHOTO: The Apple Inc. logo is shown outside the company's Worldwide Developers Conference in San Francisco, California, U.S., June 13, 2016. REUTERS/Stephen Lam/File Photo

Apple Inc has ordered multiple live-action and animated series from Emmy award-winning children's television producer Sesame Workshop, a source close to the agreement said on Wednesday.

Technology Newsin 17 hours

FILE PHOTO: FILE PHOTO: Telecom Italia logo is seen at the headquarters in Milan, Italy, May 25, 2016.    REUTERS/Stefano Rellandini/File Photo/File Photo

Telecom Italia (TIM) is keen to discuss combining the Italian phone group's fiber-to-the-home (FTTH) broadband assets with those of smaller rival Open Fiber, Chief Executive Amos Genish said on Wednesday.

Business Newsin 17 hours

FILE PHOTO: SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017.   REUTERS/Ralph Orlowski

SAP SE, Europe's most valuable technology company, was sued on Wednesday by U.S. company Teradata, which accused it of stealing trade secrets, copyright infringement and anti-trust violations.

Fintechin 18 hours

A woman using her mobile phone is reflected on an electric board showing exchange rates of various cryptocurrencies at Bithumb cryptocurrencies exchange in Seoul, South Korea, January 11, 2018.  REUTERS/Kim Hong-Ji

A Washington-based law firm co-founded by former FBI director Louis J. Freeh has attested that as of June 1 cryptocurrency firm Tether had enough U.S. dollar reserves to back its virtual coins in circulation, according to a report released by Tether on Wednesday.

Technology Newsin 19 hours

FILE PHOTO - The Bosch logo is seen in Reutlingen, Germany, June 16, 2017.  REUTERS/Michaela Rehle

German auto parts maker Bosch Group plans to invest 17 billion rupees ($250 million) in India over the next three years to meet growing demand in the domestic automotive market, Chief Executive Officer Volkmar Denner said on Wednesday.

Business Newsin 16 hours

FILE PHOTO: A sign is seen outside Tesla Motors' new showroom in Manhattan's Meatpacking District in New York City, U.S., December 14, 2017.   REUTERS/Brendan McDermid/File Photo

Tesla Inc has sued a former employee claiming that he hacked the electric carmaker's trade secrets and transferred large amounts of company data to third parties, according to a lawsuit filed in federal court in Nevada on Wednesday.

Business Newsin 14 hours

FILE PHOTO: A 3D-printed Facebook like button is seen in front of the Facebook logo, in this illustration taken October 25, 2017. REUTERS/Dado Ruvic/Illustration/File Photo

Four of the five so-called FAANG stocks – Facebook, Alphabet, Amazon and Netflix – surged to all-time highs on Wednesday, with only Apple spoiling a perfect scorecard.

Technology Newsin 2 hours

A man is silhouetted against a commercial building at a business district in Tokyo, Japan March 7, 2018. REUTERS/Kim Kyung-Hoon

Around a quarter of Japanese businesses have made progress on meeting some of the easier requirements under Europe's new data privacy regulations while about another 20 percent plan to do so, a Reuters poll found.

Technology Newsin 2 hours

California-based bicycle sharing service Lime said it will launch a fleet of dock-free electric scooters in Paris starting June 22.

Business Newsin 12 hours

The logo of China's ZTE Corp is seen at the lobby of ZTE Beijing research and development center building in Beijing, China June 13, 2018. REUTERS/Jason Lee

U.S. President Donald Trump and a group of Republicans from the Senate and House of Representatives met at the White House on Wednesday to discuss their disagreement over how to penalize Chinese telecommunications company ZTE Corp.

Business Newsin 11 hours

FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol/File Photo

Well-regarded surgeon and author Atul Gawande, a critic of his industry's medical practices, will lead the new company being formed by Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co that aims to cut U.S. employee healthcare costs, the companies said on Wednesday.

Technology Newsin 2 hours

FILE PHOTO: Telenor's logo is seen in central Belgrade, Serbia, March 21, 2018. REUTERS/Marko Djurica/File Photo

Norway's Competition Authority fined Telenor 788 million crowns ($96.3 million) on Thursday, saying the country's largest telecoms provider had abused its dominant market position.

Technology Newsin 4 hours

FILE PHOTO: A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at its headquarters in Hsinchu, Taiwan October 5, 2017.  Picture taken October 5, 2017. REUTERS/Eason Lam

Taiwan Semiconductor Manufacturing Co Ltd, a supplier to Apple Inc, said on Thursday it expects to invest $25 billion in 5 nanometer node technology.

Technology Newsin 12 hours

FILE PHOTO: The Instagram application is seen on a phone screen August 3, 2017.   REUTERS/Thomas White

Facebook Inc-owned <FB.O> social network Instagram launched a mobile app on Wednesday dedicated to user-generated videos up to an hour long, intensifying the competition for consumers' time among ad-supported streaming services such as YouTube.

Business Newsin 5 hours

FILE PHOTO: The logo of Google is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018. REUTERS/Charles Platiau

Some Republican and Democratic U.S. lawmakers asked Alphabet Inc's <GOOGL.O> Google on Wednesday to reconsider its work with Chinese telecommunications firm Huawei Technologies Co Ltd, which they described as a security threat.

Business Newsin 18 minutes

Students attend Code Chrysalis, a software-coding boot camp, at a basement room in Tokyo, Japan, May 23 2018. REUTERS/Toru Hanai

Barely six months after inaugurating a tiny software-coding boot camp in a basement in Tokyo, Silicon Valley transplant Kani Munidasa stood before some of Japan's top business leaders in February with a warning: software was threatening their future.

Technology Newsin 3 hours

FILE PHOTO: A sign displays the logo of Dixons Carphone at the company headquarters in London, Britain August 1, 2017. REUTERS/Neil Hall/File Photo

Dixons Carphone <DC.L>, the troubled British electricals and mobile phone retailer, on Thursday reported a 24 percent slump in annual profit, as expected, and said it would take time to turnaround the group's performance in a tough market.

Business Newsin 4 hours

Company logos of Xiaomi are seen on the boxes of mice at a Xiaomi store in Beijing, China June 21, 2018. REUTERS/Jason Lee

Chinese smartphone maker Xiaomi Corp has lined up $548 million from seven cornerstone investors including U.S. chipmaker Qualcomm Inc for its Hong Kong IPO of up to $6.1 billion, according to a term sheet seen by Reuters.

Technology Newsin 14 hours

FILE PHOTO: Plastic pens with logos of Altice are pictured before a news conference in Paris, France March 20, 2018. REUTERS/Benoit Tessier/File Photo

Dutch-based telecoms and cable group Altice plans to raise 2.5 billion euros ($2.9 billion) from selling stakes in its telecoms towers businesses in France and Portugal to reduce its debt, the company said on Wednesday.

Technology Newsin 15 hours

The veteran boss of advertising giant IPG said he does not recognize the talk of "doom and gloom" in his industry, arguing the holding companies are needed more than ever to help clients chart the rapidly changing territory.

Technology Newsin 16 hours

FILE PHOTO: The Apple Inc. logo is shown outside the company's Worldwide Developers Conference in San Francisco, California, U.S., June 13, 2016. REUTERS/Stephen Lam/File Photo

Apple Inc has ordered multiple live-action and animated series from Emmy award-winning children's television producer Sesame Workshop, a source close to the agreement said on Wednesday.

Technology Newsin 17 hours

FILE PHOTO: FILE PHOTO: Telecom Italia logo is seen at the headquarters in Milan, Italy, May 25, 2016.    REUTERS/Stefano Rellandini/File Photo/File Photo

Telecom Italia (TIM) is keen to discuss combining the Italian phone group's fiber-to-the-home (FTTH) broadband assets with those of smaller rival Open Fiber, Chief Executive Amos Genish said on Wednesday.

Business Newsin 17 hours

FILE PHOTO: SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017.   REUTERS/Ralph Orlowski

SAP SE, Europe's most valuable technology company, was sued on Wednesday by U.S. company Teradata, which accused it of stealing trade secrets, copyright infringement and anti-trust violations.

Fintechin 18 hours

A woman using her mobile phone is reflected on an electric board showing exchange rates of various cryptocurrencies at Bithumb cryptocurrencies exchange in Seoul, South Korea, January 11, 2018.  REUTERS/Kim Hong-Ji

A Washington-based law firm co-founded by former FBI director Louis J. Freeh has attested that as of June 1 cryptocurrency firm Tether had enough U.S. dollar reserves to back its virtual coins in circulation, according to a report released by Tether on Wednesday.

Technology Newsin 19 hours

FILE PHOTO - The Bosch logo is seen in Reutlingen, Germany, June 16, 2017.  REUTERS/Michaela Rehle

German auto parts maker Bosch Group plans to invest 17 billion rupees ($250 million) in India over the next three years to meet growing demand in the domestic automotive market, Chief Executive Officer Volkmar Denner said on Wednesday.

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