Technology

Twitter, Elliott in deal for Dorsey to stay CEO and add directors

Technology News (Reuters) - Tue, 03/10/2020 - 01:22
Twitter Inc on Monday reached an agreement with Elliott Management that lets Jack Dorsey stay as chief executive and adds three new directors a few days after Elliott's plan to push out the social media company's chief became public.
Categories: Technology

Top U.S. envoy presses Canada over Huawei role in 5G network: officials

Technology News (Reuters) - Tue, 03/10/2020 - 00:31
A senior U.S. envoy on Monday pressed Canada about Ottawa's forthcoming decision on whether to allow China's Huawei Technologies to take part in its 5G network, a move Washington opposes, officials said.
Categories: Technology

Robinhood trading app suffers another outage as markets whipsaw

Technology News (Reuters) - Mon, 03/09/2020 - 22:19
Robinhood Markets Inc, the fintech startup that introduced millions of millennials to equities, options and crypto trading, greets visitors to its website with the motto, "It's Time to Do Money."
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Amazon recommends New York, New Jersey employees work from home due to virus

Technology News (Reuters) - Mon, 03/09/2020 - 22:13
Amazon.com Inc has extended its work-from-home advisory to include employees in New York and New Jersey, the company said Monday, as the world's largest online retailer and other corporations aim to lower the risk of coronavirus transmission among their ranks.
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Playtech closes Snaitech units in Italy amid coronavirus hit

Technology News (Reuters) - Mon, 03/09/2020 - 20:12
Gambling software maker Playtech said on Monday its Snaitech betting units in Italy will remain closed until April 3, as per the government's decree on all betting shops, arcades and bingo halls to halt the coronavirus spread.
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Twitter debuts 'manipulated media' label on clip of Biden retweeted by Trump

Technology News (Reuters) - Mon, 03/09/2020 - 20:10
Twitter Inc has used its new "manipulated media" label for the first time on a video clip of U.S. Democratic presidential candidate Joe Biden that was retweeted by President Donald Trump.
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Twitter, Elliott reach deal for Dorsey to stay CEO, new directors

Technology News (Reuters) - Mon, 03/09/2020 - 20:01
Twitter Inc on Monday reached an agreement with Elliott Management that lets Jack Dorsey stay as chief executive and adds three new directors a few days after Elliott's plan to push out the social media company's chief became public.
Categories: Technology

Apple sells fewer than 500,000 smartphones in China in February amid coronavirus

Technology News (Reuters) - Mon, 03/09/2020 - 17:46
Apple sold fewer than half a million iPhones in China in February, government data showed on Monday, as the coronavirus outbreak halved demand for smartphones.
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Trading partially back on Robinhood after third outage this month

Technology News (Reuters) - Mon, 03/09/2020 - 17:03
Fintech startup Robinhood Markets Inc said on Monday trading on its platform has been partially restored after suffering an outage for the third time this month.
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Australia sues Facebook, alleges breach of user data

Technology News (Reuters) - Mon, 03/09/2020 - 10:56
The Australian privacy regulator filed a lawsuit against Facebook Inc , accusing the social media giant of sharing the personal details of more than 300,000 people with political consultant Cambridge Analytica without their knowledge.
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Twitter labels edited clip of Biden retweeted by Trump as manipulated media

Technology News (Reuters) - Mon, 03/09/2020 - 07:38
Twitter Inc on Sunday used its new "manipulated media" label for the first time on a video clip of U.S. Democratic presidential candidate Joe Biden that was retweeted by President Donald Trump.
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U.S. ride-hailing and food delivery companies to compensate drivers affected by coronavirus

Technology News (Reuters) - Sun, 03/08/2020 - 20:33
U.S. ride-hailing and food delivery companies including DoorDash Inc and Instacart are in discussions to compensate drivers and delivery personnel affected by the novel coronavirus.
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Brazil, U.S. sign agreement to develop defense technology

Technology News (Reuters) - Sun, 03/08/2020 - 20:07
Brazilian and U.S. governments signed on Sunday an agreement for development of defense projects that may give the South American country access to financing.
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Swatch Group CEO sees 'massive' temporary hit in China from coronavirus

Technology News (Reuters) - Sun, 03/08/2020 - 11:55
Swiss watchmaker Swatch Group is taking a "massive" hit from the outbreak of the novel coronavirus that sharply affected business in major market China, Chief Executive Nick Hayek said in a Sunday newspaper interview.
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Uber says it will compensate drivers diagnosed with coronavirus

Technology News (Reuters) - Sun, 03/08/2020 - 01:37
Uber Technologies Inc said on Saturday it will offer compensation to drivers and delivery people diagnosed with the coronavirus or placed in quarantine for up to 14 days.
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U.S. judge says Amazon likely to succeed on key argument in contract challenge

Technology News (Reuters) - Sat, 03/07/2020 - 22:50
A U.S. judge said Amazon.com Inc is likely to succeed on a key argument of its challenge to the U.S. Department of Defense's decision to award cloud computing deal worth up to $10 billion to Microsoft Corp.
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U.S. judge says Amazon likely to succeed in Defense cloud contract challenge

Technology News (Reuters) - Sat, 03/07/2020 - 19:00
A U.S. judge said Amazon.com Inc is likely to succeed in its challenge to the U.S. Department of Defense's decision to award an up to $10 billion cloud computing deal to Microsoft Corp.
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Facebook closes London offices until Monday due to coronavirus

Technology News (Reuters) - Sat, 03/07/2020 - 06:41
Facebook said on Friday it is closing its London offices until Monday after a visiting employee from Singapore was diagnosed with coronavirus.
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Exclusive: Gray Television in $8.5 billion bid to acquire Tegna - sources

Technology News (Reuters) - Sat, 03/07/2020 - 04:29
U.S. regional TV station operator Gray Television Inc has made an offer to acquire larger peer Tegna Inc for approximately $8.5 billion, including debt, people familiar with the matter said on Friday.
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Amazon says working with state AGs to nab sellers engaged in price-gouging over coronavirus

Technology News (Reuters) - Sat, 03/07/2020 - 03:43
Amazon.com Inc said on Friday it is working with state attorneys general to identify and prosecute third-party sellers who are taking advantage of fears of the spreading coronavirus to engage in price-gouging on the Amazon website.
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