Technology

Toshiba forecasts annual profit drop vs rise expected, limited virus impact

Technology News (Reuters) - Fri, 06/05/2020 - 07:04
Toshiba Corp forecast on Friday a 15.7% drop in annual operating profit compared with expectations of a small rise in profit, even as a recent portfolio overhaul helps the industrial conglomerate limit the impact of the coronavirus outbreak.
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As coronavirus sinks global demand, China’s exporters go online to tap domestic market

Technology News (Reuters) - Fri, 06/05/2020 - 06:04
At this time of the year, Deng Jinling would normally be welcoming foreign buyers to her vacuum flask showroom or cramming her goods into containers to be shipped to customers in the United States.
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Supermicro looks to open second server assembly site in United States

Technology News (Reuters) - Fri, 06/05/2020 - 03:29
Data center server maker Super Micro Computer Inc is looking to open a new site in the United States to assemble computers, possibly in Oregon, the East Coast or Midwest, Chief Executive Officer Charles Liang told Reuters on Thursday.
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France, Germany back European cloud computing 'moonshot'

Technology News (Reuters) - Fri, 06/05/2020 - 02:59
France and Germany threw their weight on Thursday behind plans to create a cloud computing ecosystem that seeks to reduce Europe's dependence on Silicon Valley giants Amazon, Microsoft and Google.
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Broadcom's revenue forecast disappoints on possible Apple iPhone delay

Technology News (Reuters) - Fri, 06/05/2020 - 02:26
Broadcom Inc on Thursday forecast current-quarter revenue with a midpoint slightly below analysts' estimates, in part caused by a delay at a "large North American mobile phone" customer that analysts believe is Apple Inc .
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Facebook moves to limit spread of 'Boogaloo' groups after charges

Technology News (Reuters) - Fri, 06/05/2020 - 02:11
Facebook Inc is making it harder to find user groups associated with the term "Boogaloo," which refers to a potential U.S. civil war or the collapse of civilization, the company said on Thursday.
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Uber Eats features black-owned restaurants on U.S., Canadian delivery platform

Technology News (Reuters) - Fri, 06/05/2020 - 01:39
Uber Technologies Inc on Thursday launched a feature on its food delivery app Uber Eats that lets customers in the United States and Canada order from restaurants owned by black people and pay no delivery fees for those orders through 2020.
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Slack revenue growth fails to impress, shares tank

Technology News (Reuters) - Fri, 06/05/2020 - 00:55
Slack Technologies Inc on Thursday posted slowing quarterly sales growth, disappointing investors who had expected a surge in demand for its workplace messaging app as companies rapidly adopt remote working tools and technology.
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Abu Dhabi's Mubadala to invest $1.2 billion in Reliance's Jio Platforms

Technology News (Reuters) - Fri, 06/05/2020 - 00:24
Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Friday that Abu Dhabi state fund Mubadala Investment Co will buy a 1.85% stake in its digital unit, Jio Platforms, for 90.93 billion rupees ($1.21 billion).
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Self-driving cars could only prevent a third of U.S. crashes: study

Technology News (Reuters) - Thu, 06/04/2020 - 22:45
Self-driving cars, long touted by developers as a way to eliminate road deaths, could likely only prevent a third of all U.S. road crashes, according to a study released on Thursday.
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Zebra adds social distancing warnings to warehouse workers' mobile computers

Technology News (Reuters) - Thu, 06/04/2020 - 21:48
Zebra Technologies Corp, which sells barcode scanners and other computers used in warehouses globally, introduced a feature on Thursday that sounds an alert when workers breach physical distancing guidelines over the novel coronavirus.
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Facebook places state media labels on Russian, Chinese outlets

Technology News (Reuters) - Thu, 06/04/2020 - 21:21
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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Chinese and Iranian hackers targeted Biden and Trump campaigns, Google says

Technology News (Reuters) - Thu, 06/04/2020 - 21:16
State-backed hackers from China have targeted staffers working on the U.S. presidential campaign of Democrat Joe Biden, a senior Google security official said on Thursday. The same official said Iranian hackers had recently targeted email accounts belonging to Republican President Donald Trump's campaign staff.
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'Stay at home stock' Slack Technologies dips ahead of report

Technology News (Reuters) - Thu, 06/04/2020 - 20:30
Shares of Slack Technologies dipped 3% on Thursday ahead of the workplace communication platform's quarterly report, pausing a three-month rally fueled by millions of people working from home due to the coronavirus.
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Carlyle-backed ZoomInfo's shares soar 90% in U.S. market debut

Technology News (Reuters) - Thu, 06/04/2020 - 20:16
Shares of ZoomInfo Technologies Inc almost doubled in their U.S. market debut on Thursday, after the business intelligence platform raised about $934.5 million in the largest U.S. technology listing so far this year.
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Europe pins hopes on smarter coronavirus contact tracing apps

Technology News (Reuters) - Thu, 06/04/2020 - 20:13
European countries cautiously emerging from the onslaught of the coronavirus pandemic are looking to a second generation of contact tracing apps to help contain further outbreaks.
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Germany rebuffs gasoline auto lobby with radical electric plan

Technology News (Reuters) - Thu, 06/04/2020 - 19:12
Germany has become the second major European economy to use a multi-billion-euro recovery plan to spur clean driving, with incentives for electric cars that should boost Volkswagen and Tesla , while polluting SUVs face higher taxes.
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A robot walks into a bar, helps make a cocktail

Technology News (Reuters) - Thu, 06/04/2020 - 15:17
One robot makes cocktails from 25 bottles hanging upside-down from the ceiling, another carves perfect ice balls in the fraction of the time it takes a human with a knife and an ice pick.
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German auto stimulus to boost VW's electric push

Technology News (Reuters) - Thu, 06/04/2020 - 15:09
Germany unveiled sweeping incentives for cheap electric cars, providing a boost to Volkswagen's electric push while penalising heavy sports utility vehicles (SUVs) with new staggered taxes for polluting combustion-engined cars.
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Ex-Apple engineers aim to help U.S. hardware makers troubleshoot from home

Technology News (Reuters) - Thu, 06/04/2020 - 15:06
For years, hardware engineers at American consumer electronics firms have hopped on a flight to China to iron out manufacturing kinks on assembly lines, but the COVID-19 pandemic and Sino-U.S. tensions have made travel between the countries difficult.
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