Technology

YouTube goes after more TV advertisers with new program

Technology News (Reuters) - Tue, 05/19/2020 - 13:06
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.
Categories: Technology

Past its peak? Battered oil demand faces threat from electric vehicles

Technology News (Reuters) - Tue, 05/19/2020 - 12:05
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.
Categories: Technology

Switzerland's Sunrise, French-owned Salt link up in $3.1 billion broadband JV

Technology News (Reuters) - Tue, 05/19/2020 - 11:15
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 - 11:06
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 - 10:47
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 - 09:16
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 - 08:31
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 - 07:36
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 - 06:17
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 - 05:33
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 - 04:52
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) - Mon, 05/18/2020 - 23:29
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) - Mon, 05/18/2020 - 23:21
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 - 22:21
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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Baidu forecasts current-quarter revenue above estimates, shares rise

Technology News (Reuters) - Mon, 05/18/2020 - 22:01
Chinese search engine giant Baidu Inc forecast second-quarter revenue above expectations after beating earnings estimates, as the world's second-largest economy reopens after lockdowns imposed to curb the spread of the coronavirus.
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Square joins Twitter in letting employees work from home permanently

Technology News (Reuters) - Mon, 05/18/2020 - 21:40
Jack Dorsey-led Square Inc said on Monday that most of its employees can continue to work from home permanently even after offices reopen, following a similar announcement from Twitter Inc, which is also headed by the billionaire.
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Automated delivery cashes in on pandemic-driven demand

Technology News (Reuters) - Mon, 05/18/2020 - 20:50
The coronavirus crisis is accelerating a shift in the world of autonomous cars toward delivering packages instead of people, as big players open up a lead over startups in the race for funding.
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EU's Breton tells Facebook's Zuckerberg the fake news buck stops with him

Technology News (Reuters) - Mon, 05/18/2020 - 20:15
EU industry chief Thierry Breton on Monday warned Facebook CEO Mark Zuckerberg that his social media firm and other tech giants may be subjected to tough rules if they do not step up efforts to take down disinformation.
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Irish drone operator bins fast food for medical drops

Technology News (Reuters) - Mon, 05/18/2020 - 19:40
Ireland's Manna Aero should have been dropping off its first takeaway orders around a Dublin university campus by drone in March but then the coronavirus pandemic shut the country and its pilot programme down.
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U.S. Senator Klobuchar blasts Uber, Grubhub deal talks

Technology News (Reuters) - Mon, 05/18/2020 - 19:21
U.S. Senator Amy Klobuchar on Sunday blasted merger talks between ride-hailing firm Uber Technologies Inc and online food delivery company Grubhub Inc, calling any deal bad for competition and consumers.
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