Technology

Nokia's broadband business boosted as COVID-19 pressures networks

Technology News (Reuters) - Mon, 06/08/2020 - 11:38
Finnish telecom equipment maker Nokia is seeing a pick up in orders as its broadband clients race to upgrade networks to meet higher user demand during the COVID-19 pandemic, a company executive said.
Categories: Technology

German public electric car charging network grows by 60%: BDEW

Technology News (Reuters) - Mon, 06/08/2020 - 11:33
Germany's public network for electric vehicles expanded by 10,000 charging spots, an increase of nearly 60%, in the last year, the country's electricity lobby said on Monday.
Categories: Technology

Tesla China sold 11,095 Model 3 vehicles in May, triple April's volume: CPCA

Technology News (Reuters) - Mon, 06/08/2020 - 11:21
U.S. electric vehicle maker Tesla Inc sold 11,095 Shanghai-made Model 3 vehicles in China in May, more than triple the volume seen in April, according to the China Passenger Car Association (CPCA).
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Ericsson flags losses from China 5G contracts, takes 1 billion SEK charge

Technology News (Reuters) - Mon, 06/08/2020 - 11:03
Ericsson expects to take a second-quarter writedown of about 1 billion crowns ($109 million) on product inventory in China, the Swedish telecoms gear maker said on Monday.
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Finland launches new 5G spectrum auction

Technology News (Reuters) - Mon, 06/08/2020 - 09:24
Finland launched its second auction of frequencies for high-speed 5G mobile networks on Monday, the Finnish Transport and Communications Agency said.
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Samsung leader appears in court, awaits decision on whether he'll be jailed again

Technology News (Reuters) - Mon, 06/08/2020 - 06:12
The de facto leader of Samsung Group, Jay Y. Lee, appeared before a South Korean court on Monday, awaiting a ruling on whether new allegations including accounting fraud and stock manipulation will send him back to jail after more than two years of freedom.
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Didi Chuxing CEO says ride sharing orders recover to pre-pandemic levels

Technology News (Reuters) - Mon, 06/08/2020 - 05:59
Didi Chuxing, China's biggest ride-hailing company which counts SoftBank as a backer, saw its ride sharing orders in China this month recover to levels seen over the same period a year earlier, its founder and Chief Executive Cheng Wei said.
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Samsung heir appears in court, awaits decision on whether he'll be jailed again

Technology News (Reuters) - Mon, 06/08/2020 - 03:51
Samsung Group heir Jay Y. Lee on Monday arrived at a South Korean court which will rule whether he will be sent back to jail after more than two years of freedom, as new allegations dog the executive and cast a pall over the country's top conglomerate.
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Samsung heir appears in court for arrest warrant hearing

Technology News (Reuters) - Mon, 06/08/2020 - 03:13
Samsung Group heir Jay Y. Lee appeared in court on Monday for a hearing to determine whether he should be jailed over allegations of accounting fraud, in his latest brush with the law at South Korea's top conglomerate.
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Court to decide whether to jail embattled Samsung heir again

Technology News (Reuters) - Mon, 06/08/2020 - 01:05
A South Korean court will rule as soon as Monday whether to send Samsung Group heir Jay Y. Lee back to jail after more than two years of freedom, as new allegations dog the executive and cast a pall over the country's top conglomerate.
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UK considers giving drivers up to £6,000 in new car scrappage scheme: Telegraph

Technology News (Reuters) - Sun, 06/07/2020 - 23:02
British Prime Minister Boris Johnson is considering giving drivers up to 6,000 pounds ($7,609.20) to swap their diesel and petrol cars for electric vehicles, under plans to relaunch the economy, The Telegraph reported on Sunday.
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India's Reliance says Abu Dhabi Investment Authority invests $752 million in digital unit

Technology News (Reuters) - Sun, 06/07/2020 - 16:49
Indian oil-to-telecoms conglomerate Reliance Industries said on Sunday that the Abu Dhabi Investment Authority (ADIA) will buy 1.16% of its digital unit Jio Platforms for 56.83 billion rupees ($752 million).
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HSBC warns it could face reprisals in China if UK bans Huawei equipment: Telegraph

Technology News (Reuters) - Sun, 06/07/2020 - 00:17
HSBC Holdings Plc Chairman Mark Tucker has warned Britain against a ban on networking equipment made by Huawei Technologies Co Ltd, claiming the bank could face reprisals in China, the Telegraph reported on Saturday.
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Facebook's Zuckerberg promises a review of content policies after backlash

Technology News (Reuters) - Sat, 06/06/2020 - 23:10
Facebook CEO Mark Zuckerberg on Friday said he would consider changes to the policy that led the company to leave up controversial posts by President Donald Trump during recent demonstrations protesting the death of an unarmed black man while in police custody, a partial concession to critics.
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Twitter, Facebook disable Trump video tribute to Floyd over copyright complaint

Technology News (Reuters) - Sat, 06/06/2020 - 03:54
Twitter Inc, Facebook Inc and Instagram disabled President Donald Trump's campaign tribute video to George Floyd on their platforms on Friday, citing copyright complaints.
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Tech drives Nasdaq to all-time high as signs of recovery emerge from coronavirus pandemic

Technology News (Reuters) - Sat, 06/06/2020 - 01:12
The heavyweight technology and growth stocks that drove Wall Street higher in recent years are again fueling a surge that has taken the Nasdaq from a brutal selloff to an intraday record high in just 11 weeks, as investors look beyond the economic upheaval caused by the coronavirus.
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Facebook's Zuckerberg says to review content policies after facing backlash over Trump posts

Technology News (Reuters) - Sat, 06/06/2020 - 01:05
Facebook Inc is looking at improving the social network's content policies, while building products to advance racial justice, Chief Executive Officer Mark Zuckerberg said on Friday in response to the ongoing protests in the United States.
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France wants 5G auction in September, junior minister tells Le Figaro

Technology News (Reuters) - Sat, 06/06/2020 - 00:05
France wants to launch its planned auction of 5G frequencies in September so that the fifth generation mobile network can be deployed by year-end, junior economy minister Agnes Pannier-Runacher said in remarks published on Friday.
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Reddit co-founder Ohanian resigns from board, wants a black candidate to take over

Technology News (Reuters) - Fri, 06/05/2020 - 23:48
Reddit co-founder Alexis Ohanian on Friday resigned from the social network firm's board and sought to be replaced by a black candidate.
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Facebook to apply state media labels on Russian, Chinese outlets

Technology News (Reuters) - Fri, 06/05/2020 - 21:32
Facebook Inc will start labeling Russian, Chinese and other state-controlled media organizations, and later this summer will block any ads from such outlets that target U.S. users, it said on Thursday.
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