Technology

Facebook, PayPal invest in Indonesian super app Gojek

Technology News (Reuters) - Thu, 06/04/2020 - 08:01
Facebook Inc messaging platform WhatsApp and PayPal Holdings Inc on Wednesday said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm's ongoing fundraising round.
Categories: Technology

ZoomInfo IPO priced at $21 per share in largest tech listing this year

Technology News (Reuters) - Thu, 06/04/2020 - 07:08
ZoomInfo Technologies Inc priced its initial public offering (IPO) at $21 per share, above its upwardly revised target range, in the largest U.S. technology listing so far this year, the company said early Thursday.
Categories: Technology

Taiwan eyes $1.3 billion in foreign tech investment under new scheme

Technology News (Reuters) - Thu, 06/04/2020 - 07:03
Taiwan hopes a new programme will attract T$40 billion ($1.34 billion) of research and development investment by foreign tech companies, creating more than 6,300 jobs a year, the government said on Thursday.
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Amid pandemic, investors bet on India's Jio and its giant-killer playbook

Technology News (Reuters) - Thu, 06/04/2020 - 05:58
From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani's Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy made more urgent by the coronavirus pandemic.
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Snapchat removes Trump account from curated promotional section

Technology News (Reuters) - Thu, 06/04/2020 - 04:01
Snap Inc said it would no longer promote U.S. President Donald Trump's account in Snapchat's Discover section, saying his incendiary comments last week made the account ineligible for the curated section where users explore new content.
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Amazon is sued over warehouses after New York worker brings coronavirus home, cousin dies

Technology News (Reuters) - Thu, 06/04/2020 - 03:45
Amazon.com Inc has been sued for allegedly fostering the spread of the coronavirus by mandating unsafe working conditions, causing at least one employee to contract COVID-19, bring it home, and see her cousin die.
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Australia's EcoGraf inks graphite battery material supply deal with Thyssenkrupp unit

Technology News (Reuters) - Thu, 06/04/2020 - 03:30
Australian graphite explorer EcoGraf Ltd said on Thursday it had signed an agreement to supply graphite products used in making batteries to a unit of German industrial conglomerate Thyssenkrupp AG, sending its shares more than 32% higher in early trade.
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Early Facebook staffers denounce Zuckerberg stance on Trump posts

Technology News (Reuters) - Thu, 06/04/2020 - 02:41
Nearly three dozen former employees from Facebook's early days on Wednesday blasted Chief Executive Mark Zuckerberg's decision not to act against incendiary posts by U.S. President Donald Trump as "cowardly" and a "betrayal" of company ideals.
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Telus director Stockwell Day steps down after likening racism to childhood bullying

Technology News (Reuters) - Thu, 06/04/2020 - 01:38
Canadian telecom firm Telus Corp said director Stockwell Day had stepped down from its board a day after the former cabinet minister compared enduring racism to his experience of being teased in school for wearing glasses.
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UK in 5G talks with suppliers from Japan, South Korea: source

Technology News (Reuters) - Thu, 06/04/2020 - 00:08
British officials have discussed supplies of 5G networking equipment with companies in South Korea and Japan as part of a bid to develop alternatives to China's Huawei Technologies Co Ltd, a person with knowledge of the matter told Reuters.
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Snap removes Trump account from curated promotional section

Technology News (Reuters) - Wed, 06/03/2020 - 23:56
Snap Inc said it would no longer promote U.S. President Donald Trump's account in Snapchat's Discover section, saying his inflammatory comments last week made the account ineligible for the curated section where users explore new content.
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Uber signals recovery in rides as lockdown restrictions ease

Technology News (Reuters) - Wed, 06/03/2020 - 22:40
Uber Technologies Inc said on Wednesday trip requests were gradually picking up, but still remained significantly below prior year levels, as several countries start to lift coronavirus-led restrictions.
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ZoomInfo looks to price IPO above target in 2020's largest tech listing so far: sources

Technology News (Reuters) - Wed, 06/03/2020 - 21:02
ZoomInfo Technologies Inc is looking to price its initial public offering (IPO) on Wednesday above its upwardly revised target range in what is set to be the largest U.S. technology listing so far this year, people familiar with the matter said
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Germany bans digital doppelganger passport photos

Technology News (Reuters) - Wed, 06/03/2020 - 20:46
Germany will outlaw the 'morphing' of passport photos, in which pictures of two people are digitally combined, making it possible to assign multiple identities to a single document.
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Apple must face U.S. shareholder lawsuit over CEO's iPhone, China comments

Technology News (Reuters) - Wed, 06/03/2020 - 20:43
A federal judge said Apple Inc must face part of a lawsuit claiming it fraudulently concealed falling demand for iPhones, especially in China, leading to tens of billions of dollars in shareholder losses.
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Hackers and hucksters reinvigorate 'Anonymous' brand amid protests

Technology News (Reuters) - Wed, 06/03/2020 - 19:16
The amorphous internet activist movement known as Anonymous staged an online resurgence in the past week on the back of real-world protests against police brutality.
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Global smartphone shipments to fall 12% this year on virus woes: IDC

Technology News (Reuters) - Wed, 06/03/2020 - 18:49
Global smartphone shipments will fall nearly 12% to 1.2 billion units in 2020, market research firm IDC said on Wednesday, citing lower consumer spending due to the economic impact of the coronavirus crisis.
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Israel's Team8 launches VC fund to invest in AI, cybersecurity

Technology News (Reuters) - Wed, 06/03/2020 - 17:35
Israeli cyber group Team8 said on Wednesday it launched Team8 Capital, a new venture capital fund that will focus on technology investments in data, artificial intelligence (AI) and cybersecurity.
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Fiat to test automatic switch to electric mode for its hybrid cars in Turin

Technology News (Reuters) - Wed, 06/03/2020 - 17:15
Fiat Chrysler is piloting a project in its historic Italian home of Turin to allow its hybrid plug-in cars to automatically switch to electric-only mode when entering congested city centers.
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Airbus jobs on wire as underlying output falls 40%: sources

Technology News (Reuters) - Wed, 06/03/2020 - 16:33
Airbus is looking to hold underlying jet output at 40% below pre-pandemic plans for two years, an approach which adds new pressure to cut thousands of jobs, industry sources said.
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