Technology

Pinduoduo beats revenue estimates as demand for online shopping soars

Technology News (Reuters) - Fri, 05/22/2020 - 12:58
China's Pinduoduo Inc beat first-quarter revenue estimates on Friday, as more people shopped at its e-commerce platform during coronavirus lockdowns that shut down most brick-and-mortar shops.
Categories: Technology

Indonesia probes breach of data on more than two million voters

Technology News (Reuters) - Fri, 05/22/2020 - 11:04
Indonesia's election commission is investigating the release of 2.3 million voters' private information on a hacker website along with a threat to release of the data of about 200 million people, the agency said on Friday.
Categories: Technology

Philippine lawmaker proposes tax targeting tech giants to fund virus fight

Technology News (Reuters) - Fri, 05/22/2020 - 06:23
A Philippine lawmaker has introduced a bill in parliament aimed at taxing big tech firms such as Facebook, Alphabet's Google and Youtube, Netflix and Spotify, to raise funds to battle the coronavirus.
Categories: Technology

Facebook's Zuckerberg embraces remote work beyond Silicon Valley

Technology News (Reuters) - Fri, 05/22/2020 - 03:50
Facebook Inc will permanently embrace remote work even after coronavirus lockdowns ease, Chief Executive Mark Zuckerberg said on Thursday, accelerating the tech sector's geographic diversification away from its home in Silicon Valley.
Categories: Technology

Tech firms deploy Bluetooth chips for coronavirus contact tracing in office

Technology News (Reuters) - Fri, 05/22/2020 - 03:49
Technology companies are developing their own contact tracing systems to help prevent coronavirus outbreaks in their offices as countries begin to ease lockdown measures and a return to the workplace is in the offing.
Categories: Technology

Proxy adviser ISS recommends vote 'against' executive pay at Alphabet

Technology News (Reuters) - Fri, 05/22/2020 - 03:30
Institutional Shareholder Services (ISS) has recommended shareholders of Google-parent Alphabet Inc to vote "against" the company's proposed executive pay at its annual meet in June, according to a report seen by Reuters on Thursday.
Categories: Technology

SoftBank Group's sale of 5% telco unit stake to raise $2.9 billion

Technology News (Reuters) - Fri, 05/22/2020 - 02:19
SoftBank Group Corp said on Friday its planned sale of 5% in its domestic telco SoftBank Corp would fetch 310.2 billion yen ($2.9 billion), as part of a programme to raise $41 billion through asset sales.
Categories: Technology

Nvidia forecasts sales above estimates, powered by data center results

Technology News (Reuters) - Fri, 05/22/2020 - 02:08
Nvidia Corp on Thursday forecast second-quarter revenue above analysts' estimates, as demand surges for its chips used in the data centers that power the shift to working remotely because of the new coronavirus outbreak.
Categories: Technology

Top safety official at Waymo self-driving unit stepping down

Technology News (Reuters) - Thu, 05/21/2020 - 23:18
Alphabet Inc’s Waymo self-driving unit said on Thursday that its chief safety officer, Debbie Hersman, was stepping down but would remain as a consultant to the company.
Categories: Technology

UK confident COVID-19 tracking system will be place before lockdown eased

Technology News (Reuters) - Thu, 05/21/2020 - 22:05
Health secretary Matt Hancock said on Thursday he was confident that a COVID-19 track and trace system would be operating by June 1, allowing lockdown rules to be eased without risking a spike in infections.
Categories: Technology

House Republicans press TikTok on use of kids' data, ties to Beijing

Technology News (Reuters) - Thu, 05/21/2020 - 21:30
Two leading Republicans in the U.S. House of Representatives wrote a letter to the founder of the popular video sharing app TikTok on Thursday, asking about potentially illegal use of data about children and ties to the Chinese government.
Categories: Technology

How big unions smooth the way for Amazon worker protests

Technology News (Reuters) - Thu, 05/21/2020 - 20:08
Warehouse employees last month staged a walkout in Michigan to demand safer working conditions at their facility. So did workers in New York, Illinois and Minnesota.
Categories: Technology

Canada's Shopify CEO says era of 'office centricity is over; most staff to permanently work from home

Technology News (Reuters) - Thu, 05/21/2020 - 19:16
The CEO of Canadian e-commerce firm Shopify Inc declared on Thursday the end of "office centricity" and decided to keep company offices closed till 2021, allowing most employees to work remotely on a permanent basis after that.
Categories: Technology

UK test and trace system is on course for June 1: health minister

Technology News (Reuters) - Thu, 05/21/2020 - 19:12
Britain's health minister said the health service's COVID-19 smartphone app was working on the Isle of Wight, where it is being trialled, and the country's test and trace operation would be ready to launch on June 1 when the lockdown is further eased.
Categories: Technology

Irish regulator questions Apple over recordings

Technology News (Reuters) - Thu, 05/21/2020 - 19:08
Ireland's Data Protection Commissioner (DPC), Apple's main regulator in the European Union, on Thursday said it was in contact with the company after a whistleblower called for action over a programme that listens to users' recordings.
Categories: Technology

Exclusive: Baidu considers leaving the Nasdaq to boost its valuation - sources

Technology News (Reuters) - Thu, 05/21/2020 - 18:53
Chinese search engine giant Baidu Inc is considering delisting from the U.S. Nasdaq and moving to an exchange closer to home to boost its valuation amid rising tension between the United States and China over investments, three sources said.
Categories: Technology

U.S. House Republicans press TikTok on use of kids' data, ties to Beijing

Technology News (Reuters) - Thu, 05/21/2020 - 18:38
Two leading Republicans in the U.S. House of Representatives wrote a letter to the founder of the popular video sharing app TikTok on Thursday, asking about potentially illegal use of data about children and ties to the Chinese government.
Categories: Technology

Shopify to let employees work from home permanently

Technology News (Reuters) - Thu, 05/21/2020 - 17:45
Canadian e-commerce firm Shopify Inc would keep its offices closed till 2021 and allow most employees to work remotely on a permanent basis after that, Chief Executive Officer Tobi Lutke said in a tweet on Thursday.
Categories: Technology

Uber has spent $19 million on coronavirus financial assistance for drivers

Technology News (Reuters) - Thu, 05/21/2020 - 17:02
Uber Technologies Inc on Thursday for the first time detailed how much it has spent to support its ride-hail drivers and food delivery workers during the coronavirus crisis, which has battered the company and forced it to lay off thousands of employees.
Categories: Technology

Amazon pushes Prime Day to September as it returns to normalcy: WSJ

Technology News (Reuters) - Thu, 05/21/2020 - 16:26
Amazon.com Inc is scheduling its annual Prime Day shopping event for September and allowing unlimited shipments of non-essential goods to warehouses, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Categories: Technology
Syndicate content

eXTReMe Tracker