Technology

U.S. Justice Department to propose rolling back protections for big tech

Technology News (Reuters) - Wed, 06/17/2020 - 17:48
The U.S. Justice Department will propose legislation as soon as Wednesday to try to remove protections that big tech platforms like Alphabet's Google and Facebook have had for decades, a department official said on Wednesday, speaking on condition of anonymity.
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Cyber spies use LinkedIn to hack European defence firms

Technology News (Reuters) - Wed, 06/17/2020 - 17:39
Hackers posed as recruiters working for U.S. defence giants Collins Aerospace and General Dynamics on LinkedIn to break into the networks of military contractors in Europe, cybersecurity researchers said on Wednesday.
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Oppo cancels live online phone launch in India amid calls to boycott Chinese goods

Technology News (Reuters) - Wed, 06/17/2020 - 17:20
China's Oppo cancelled the live online launch of its flagship smartphone in India on Wednesday after a border clash between the two countries that has renewed calls from local Indian trader groups to shun Chinese products.
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Factbox: Deals by major suppliers in the race for 5G

Technology News (Reuters) - Wed, 06/17/2020 - 16:58
Despite coronavirus lockdowns hitting global supply chains and construction projects, telecommunication firms have continued to contract equipment from Chinese technology giant Huawei [HWT.UL], Finland's Nokia and Sweden's Ericsson to build fifth-generation technology (5G) networks, which are expected to power everything from high-speed video transmissions to self-driving cars.
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Pepper spray and scuffles as bargain hunters crowd Lidl launch in France

Technology News (Reuters) - Wed, 06/17/2020 - 16:52
French police pushed back several hundred people jostling to get their hands on cut-price PlayStation 4s at the launch of a new Lidl supermarket outside Paris on Wednesday.
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German coronavirus tracing app downloaded 6.5 million times

Technology News (Reuters) - Wed, 06/17/2020 - 16:41
Germany's smartphone app to help trace coronavirus infections has been downloaded 6.5 million times in the first 24 hours since its launch, the chief executive of software company SAP said on Wednesday.
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Qualcomm aims to woo robotics developers with new chips, tools

Technology News (Reuters) - Wed, 06/17/2020 - 16:23
Building robots and drones is messy: Developers must pull together sensors to be the eyes and ears, chips for the brains and motors to make the device move, tying them all together with several kinds of software.
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Nomura and partners launch digital asset custodian Komainu

Technology News (Reuters) - Wed, 06/17/2020 - 16:12
Japanese bank Nomura Holdings Inc and cryptocurrency partners Ledger and CoinShares launched Komainu, a custodian to safeguard digital assets for financial institutions, on Wednesday.
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Facebook closes political ads loophole ahead of U.S. presidential election

Technology News (Reuters) - Wed, 06/17/2020 - 16:04
Facebook Inc said on Tuesday it would affix labels to political ads shared by users on their own feeds, closing what critics have said for years was a glaring loophole in the company's election transparency measures.
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Google releases new ad features to help small businesses

Technology News (Reuters) - Wed, 06/17/2020 - 15:09
Alphabet Inc's Google on Wednesday introduced new advertising features intended to help local businesses get more customers and recover from the coronavirus pandemic.
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Special delivery: activists urge France to rein in Amazon

Technology News (Reuters) - Wed, 06/17/2020 - 13:49
Environmental campaigners delivered a 12-foot (3.6-metre) tall mock-up of an Amazon parcel to the French finance ministry on Wednesday to demand that the government rein in the e-commerce giant's expansion in France.
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New U.S. Huawei rule targets standards, security concerns remain: Ross

Technology News (Reuters) - Wed, 06/17/2020 - 13:44
A new U.S. rule regarding China's Huawei Technologies Co Ltd is a needed "clarification" to help develop standards, U.S. Commerce Secretary Wilbur Ross said on Wednesday, adding that security concerns remain over the telecoms equipment maker.
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Website platform Contentful raises $80 million from investors

Technology News (Reuters) - Wed, 06/17/2020 - 13:42
Contentful, a startup based in Berlin and San Francisco, said on Wednesday it had raised $80 million from investors led by Sapphire Ventures to scale up its content management systems for commercial websites.
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Coronavirus turmoil fuels the rise of AI-powered companies

Technology News (Reuters) - Wed, 06/17/2020 - 13:11
For the past seven years, a Munich-based firm called riskmethods has tried to interest companies in buying software that allows them to track all their suppliers in a way that minimizes risks in operating globally spread supply chains.
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U.S.-Israeli fintech firm Pagaya raises $102 million in funds

Technology News (Reuters) - Wed, 06/17/2020 - 11:51
U.S.-Israeli Pagaya, which uses artificial intelligence (AI) to manage institutional money, said on Wednesday it raised $102 million in a private funding round led by Singapore sovereign wealth fund GIC [GIC.UL].
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Qualcomm pushes 5G tech into chips for cheaper phones

Technology News (Reuters) - Wed, 06/17/2020 - 04:03
Qualcomm Inc on Tuesday said it is putting 5G technology into chips for smartphones that will sell for as little as $300 and that will come to market in the second half of this year.
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U.S. posts rule allowing U.S. companies to work with Huawei on 5G and other standards

Technology News (Reuters) - Wed, 06/17/2020 - 02:59
The U.S. Department of Commerce on Tuesday posted a new rule that allows U.S. companies to work with China's Huawei to develop standards for 5G and other cutting-edge technologies, despite restrictions on doing business with the telecommunications equipment maker.
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Amazon to use AI tech in its warehouses to enforce social distancing

Technology News (Reuters) - Wed, 06/17/2020 - 02:56
Amazon.com Inc on Tuesday launched an artificial intelligence-based tracking system to enforce social distancing at its offices and warehouses to help reduce any risk of contracting the new coronavirus among its workers.
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Facebook removes hundreds more accounts as right-wing violence spreads

Technology News (Reuters) - Wed, 06/17/2020 - 02:31
Facebook on Tuesday removed almost 900 accounts associated with the far-right Proud Boys and American Guard, including those belonging to Proud Boys supporters who marched into a protest zone in Seattle Monday and confronted anti-racist demonstrators.
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Brazil 5G tender cannot be swayed by debates over China, says house speaker

Technology News (Reuters) - Tue, 06/16/2020 - 21:53
A fifth-generation (5G) telecoms tender in Brazil should not be contaminated by ideological battles with China and more competition will lead to better prices for consumers, the head of the lower house said on Tuesday.
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