Technology

Shares of online used car seller Vroom Inc soared nearly 83% in their market debut on Tuesday, as the U.S. IPO market roars back to life after the coronavirus crisis slammed the brakes on new listings.

The German economy ministry wants to earmark 500 million euros ($567 million) from Berlin's bumper stimulus package to support the roll-out of charging stations for electric cars, two government sources told Reuters on Tuesday.

A little-known Indian IT firm offered its hacking services to help clients spy on more than 10,000 email accounts over a period of seven years.

Brazilian cosmetics maker Natura &Co said on Tuesday its subsidiary Avon has suffered a cyber incident that has halted some of its systems, partially hitting operations.

Israel's NSO Group showcased a new anti-drone defence on Monday, giving the public a rare look at its technology as it seeks to counter allegations that another of its products has aided privacy breaches and political surveillance.

Brazilian cosmetics maker Natura &Co said on Tuesday its subsidiary Avon has suffered a cyber incident that has halted some of its systems, partially hitting operations.

Poland has released its latest version of a smartphone application to help to track coronavirus outbreaks, which has been adapted to address concerns about privacy, the country's digital minister said on Tuesday.

The German government will commit millions of euros in funding to electronics research and development as part of a wider effort to reduce reliance on imports of equipment used in its critical infrastructure, it said on Tuesday.

Thailand on Tuesday approved a draft bill requiring foreign digital service providers to pay a value-added tax (VAT), becoming the latest country in Southeast Asia to seek to boost tax revenues from international tech companies.

Honda Motor Co suspended some of its auto and motorcycle production globally as the Japanese car giant grappled with a suspected cyber attack, a spokesman said on Tuesday.

Mira Robotics developed its "ugo" robot to reinforce greying Japan's shrinking workforce, but as the coronavirus threat persists, the Japanese startup is offering its machine as a tool in the fight against the outbreak, the company's CEO said.

A U.S. Senate report released Tuesday says the U.S. government failed to properly oversee Chinese-owned telecommunications companies for nearly two decades.

South Africa's Life Healthcare said on Tuesday its southern African operation was hit by a cyber attack affecting its admissions systems, business processing systems and email servers, but is yet to determine the extent to which data has been compromised.

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) could quickly fill any order gap should U.S. restrictions against Huawei Technologies Co Ltd [HWT.UL] prevent sales to the Chinese firm, the company's chairman said on Tuesday.

A South Korean court on Tuesday denied an arrest warrant request for Samsung Group heir Jay Y. Lee after prosecutors accused him of accounting fraud and stock manipulation.

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is still in talks with the U.S. government about subsidies for its new plant in Arizona, chairman Mark Liu said on Tuesday.

The U.S. units of China Telecom Corp’s and China Unicom urged the Federal Communications Commission (FCC) not to revoke the company's nearly two-decade old authorization to provide international telecommunications services to and from the United States.

International Business Machines Corp disclosed Monday it will no longer offer facial recognition or analysis software in a letter to Congress calling for new efforts to pursue justice and racial equity, new Chief Executive Officer Arvind Krishna said.

Online used car seller Vroom Inc raised $467.5 million in its U.S. initial public offering, the company said on Monday, as the IPO market picks up momentum after the COVID-19 pandemic placed many debuts on hold.

Taiwan Semiconductor Manufacturing Co Ltd's planned factory in the United States is "definitely in line with" the company's interests, Chairman Mark Liu told investors on Tuesday.