Technology

GM says it is 'almost there' on million-mile electric vehicle battery

Technology News (Reuters) - Tue, 05/19/2020 - 18:10
General Motors Co is "almost there" on developing an electric vehicle battery that will last one million miles, a top executive said on Tuesday.
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Microsoft to adapt its cloud software for healthcare industry

Technology News (Reuters) - Tue, 05/19/2020 - 17:29
Microsoft Corp said on Tuesday it plans to roll out a version of its cloud-based software that will be modified to suit the needs of healthcare organizations.
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Zoom suspends new free user registrations in China

Technology News (Reuters) - Tue, 05/19/2020 - 16:49
Video conferencing provider Zoom Video Communications Inc said on Tuesday it was limiting new user registrations in mainland China to enterprise customers only.
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Investor TCI files criminal complaint against Wirecard managers

Technology News (Reuters) - Tue, 05/19/2020 - 15:08
The investor TCI Fund Management said on Tuesday that it has filed a criminal complaint against Wirecard managers with public prosecutors in Munich.
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Zimbabweans in South Africa use app to send food home after border restrictions

Technology News (Reuters) - Tue, 05/19/2020 - 14:33
Petronella Mabhena, a domestic worker in South Africa, has been paying bus drivers to ferry food to her relatives in Zimbabwe for over a decade.
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Mobileye CEO sees 'great consolidation' ahead in autonomous car sector

Technology News (Reuters) - Tue, 05/19/2020 - 14:33
The autonomous car industry will have to consolidate because it is too difficult for separate companies to cooperate in developing self-driving vehicles, the head of Intel's autonomous car unit said on Tuesday.
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YouTube goes after more TV advertisers with new program

Technology News (Reuters) - Tue, 05/19/2020 - 14:06
Alphabet's Inc YouTube on Tuesday launched a new program to help advertisers reach more valuable viewers who watch content on their TV screens, in an effort to retain advertising revenue at a time when brands are slashing budgets due to the coronavirus pandemic.
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Past its peak? Battered oil demand faces threat from electric vehicles

Technology News (Reuters) - Tue, 05/19/2020 - 13:05
Oil companies may be facing uncertainty as the coronavirus pandemic triggers a collapse in demand for their products, but auto makers are betting the crisis will help accelerate an electric future.
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Switzerland's Sunrise, French-owned Salt link up in $3.1 billion broadband JV

Technology News (Reuters) - Tue, 05/19/2020 - 12:15
Sunrise Communications Group and French billionaire Xavier Niel's Salt Mobile launched a broadband joint venture on Tuesday targeting 1.5 million Swiss households, a new challenge to the country's largest telecoms provider, Swisscom's.
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Disney's streaming chief Mayer to become TikTok CEO

Technology News (Reuters) - Tue, 05/19/2020 - 12:06
Walt Disney Co's top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the chief executive officer of TikTok, the popular video app owned by China's ByteDance Technology Co, the companies said on Monday.
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Sony to take full control of listed financial arm for $3.7 billion

Technology News (Reuters) - Tue, 05/19/2020 - 11:47
Sony Corp said on Tuesday it will turn its listed financial arm, Sony Financial Holdings Inc , into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion).
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Switzerland's Sunrise, French-owned Salt link up in $3 billion broadband JV

Technology News (Reuters) - Tue, 05/19/2020 - 10:16
Swiss telecoms operator Sunrise Communications Group and French billionaire Xavier Niel's Salt Mobile on Tuesday pledged to invest up to 3 billion Swiss francs ($3.09 billion) in a broadband partnership aimed at reaching 1.5 million homes by 2027.
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Electric car sales to fall, but not as much as other vehicles: research

Technology News (Reuters) - Tue, 05/19/2020 - 09:31
Worldwide electric car registrations are set to fall 18% this year, but those of combustion engine cars are set to drop even faster, analysts BloombergNEF (BNEF) said on Tuesday, as the automotive sector is hammered by the coronavirus crisis.
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Japan's Sharp reports 37% profit drop, gives no forecasts

Technology News (Reuters) - Tue, 05/19/2020 - 08:36
Japan's Sharp Corp, an Apple Inc supplier, reported a 37% decline in annual operating profit and refrained from releasing an earnings outlook for the current year because of uncertainty over the novel coronavirus impact.
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Sony to turn financial arm into wholly owned unit for $3.7 billion: Nikkei

Technology News (Reuters) - Tue, 05/19/2020 - 07:17
Sony Corp will turn its financial arm, Sony Financial Holdings Inc , into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion), the Nikkei business daily reported on Tuesday.
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Financial gain trumps espionage as top motivator in cyber attacks: report

Technology News (Reuters) - Tue, 05/19/2020 - 06:33
Money trumped spying as the top motivator for data breaches last year, according to Verizon's annual report on cyber crimes published on Tuesday.
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Vietnam targets e-commerce turnover reaching $35 billion by 2025

Technology News (Reuters) - Tue, 05/19/2020 - 05:52
Vietnam is aiming for double-digit annual growth in the turnover of e-commerce over the next five years, forecasting that sales in the sector could be worth $35 billion by 2025 in the Southeast Asian country.
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Baidu sees robust quarter as China's economy reopens

Technology News (Reuters) - Tue, 05/19/2020 - 00:29
Chinese search engine giant Baidu Inc forecast second-quarter revenue above expectations on Monday, as businesses reopen in the world's second-largest economy after strict lockdowns to curb the spread of the coronavirus.
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SoftBank in talks to sell down T-Mobile U.S. stake to Deutsche Telekom: WSJ

Technology News (Reuters) - Tue, 05/19/2020 - 00:21
SoftBank Group Corp is in talks to sell "a significant portion" of its T-Mobile US stake to controlling shareholder Deutsche Telekom AG, the Wall Street Journal reported on Monday, citing unidentified sources.
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Uber to focus on core rides, delivery business as it cuts 23% of workforce

Technology News (Reuters) - Mon, 05/18/2020 - 23:21
Uber Technologies Inc will concentrate on its core businesses in ride-hailing and food delivery and cut 23% of its workforce in an attempt to become profitable despite the coronavirus pandemic, Chief Executive Officer Dara Khosrowshahi said in an email to employees on Monday.
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