Technology

Alphabet Inc's Google Cloud said on Wednesday it has secured a deal with the United States Department of Defense to help detect and respond to cyber threats.

SoftBank Group-backed Indian ride-hailing company Ola will cut 1,400 jobs, or about 35% of its workforce, as it navigates a strict coronavirus lockdown that has halted 95% of its business, company chief Bhavish Aggarwal told employees on Wednesday.

The regulation of big technology companies such as Facebook Inc and Alphabet Inc's Google has been a hot button issue ahead of the U.S. presidential election on Nov. 3.

AT&T Inc said on Tuesday it was shutting its DirecTV subscription access to Venezuela due to U.S. sanctions, cutting off a key source of entertainment for millions of people stuck in their homes under a strict coronavirus quarantine.

German business software group SAP expects to stick to its dividend policy even as the coronavirus crisis weighs on its results, its finance chief said on Wednesday.

Xiaomi Corp reported a 13.6% rise in first-quarter revenue on Wednesday, beating estimates even as demand for its smartphones plunged amid the coronavirus pandemic that has also rattled supply chains in China.

The world's biggest credit data firm Experian Plc on Wednesday reported higher annual revenue as it benefited from greater demand for its analytics products in North and Latin American markets, sending shares to a more-than-10-week high.

SoftBank Group-backed Indian ride-hailing company Ola will cut 1,400 jobs, or about 35% of its workforce, as it tries to navigate the coronavirus crisis, its chief executive officer said in a note to employees.

Alibaba Group Holding Ltd will invest 10 billion yuan ($1.41 billion) into an AI (artificial intelligence) and IoT (Internet of Things) system centered around its Tmall Genie smart speaker, the company announced on Wednesday.

China ride-hailing giant Didi Chuxing said on Wednesday that it will start using artificial intelligence (AI) technologies to verify if drivers in its Latin American markets wear masks and disinfect cars to keep rides safe amid the coronavirus pandemic.

Experian Plc, the world's biggest credit data company, said on Wednesday it expects COVID-19 restrictions to hurt its full-year performance as the pandemic wreaks havoc in its main markets, including North America.

Lenovo Group, the world's biggest maker of personal computers, reported a deep slump in fourth-quarter profit due to disruptions caused by the coronavirus crisis, although the result was far better than expectations.

Democratic lawmakers on Tuesday urged the Trump administration to answer "serious questions" about Taiwan Semiconductor Manufacturing Co Ltd's plans to build a U.S.-based $12 billion plant, flagging national security concerns and potentially undisclosed subsidies.

Japan's defence ministry is investigating a possible leak of details of a new state-of-the-art missile in a large-scale cyber attack on Mitsubishi Electric Corp, the Asahi Shimbun newspaper reported on Wednesday.

Spotify Technology SA said on Tuesday comedian Joe Rogan's podcast will be available on the music streaming platform starting Sept. 1 and will become an exclusive later this year.

The Las Vegas gaming industry will offer COVID-19 tests to employees before they return to work, the Culinary Union announced Tuesday, moving the hard-hit sector a step closer to reopening.

When a senior living facility in Amarillo, Texas suspected a nurse may have caught the novel coronavirus this month, it had a list within five minutes of staff and residents the nurse could have infected.

Facebook Inc is launching Shops, a service that will allow businesses to display and sell products on the world's largest social network's platforms, Chief Executive Mark Zuckerberg said on Tuesday.

A White House advisory panel on Tuesday urged the government and private industry to work together on new technological infrastructure to support future jobs and underpin a solid economic recovery from the coronavirus pandemic.

Canada's competition watchdog said on Tuesday it had fined Facebook Inc C$9 million ($6.5 million) after an investigation found the social network made "misleading" claims about personal information of Canadians on Facebook and Messenger.