Technology

Finland's Nokia to buy back its 2021 bond worth 500 million euros and issue a new one

Technology News (Reuters) - Wed, 05/06/2020 - 09:28
Finnish telecom equipment maker Nokia said on Wednesday it had issued an offer to buy back for cash its 1% notes due March 15, 2021 for up to 500 million euros.
Categories: Technology

Uber rival Bolt aims to launch scooters in 45 cities

Technology News (Reuters) - Wed, 05/06/2020 - 06:09
Estonian ride-sharing service Bolt on Wednesday launched its own electric scooter model and said it aims to launch the scooter service in more than 45 cities this summer.
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California sues Uber, Lyft over misclassifying drivers as contractors

Technology News (Reuters) - Wed, 05/06/2020 - 01:00
California and three of its largest cities on Tuesday sued Uber Technologies Inc and Lyft Inc, accusing them of classifying their drivers improperly as independent contractors instead of employees, evading workplace protections and withholding worker benefits.
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Pinterest flags slowing ad spend as quarterly loss widens, shares fall

Technology News (Reuters) - Tue, 05/05/2020 - 23:40
Pinterest Inc on Tuesday said advertisers were slowing spending on the image sharing company due to the COVID-19 pandemic and reported a bigger-than-expected first-quarter loss as costs surged from new user additions, sending its shares down 18% in extended trade.
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EA sees full-year revenue above estimates as home-sheltering boosts gaming

Technology News (Reuters) - Tue, 05/05/2020 - 23:32
Video game publisher Electronic Arts Inc forecast full-year adjusted revenue above Wall Street estimates on Tuesday, riding on the broader surge in videogame sales as people shelter at home due to the COVID-19 pandemic.
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MercadoLibre to invest over $700 million in Brazil as coronavirus boosts e-commerce

Technology News (Reuters) - Tue, 05/05/2020 - 23:20
Latin American e-commerce company MercadoLibre is one of the few firms not scaling back spending amid the coronavirus pandemic and plans to move forward with a planned 4 billion reais ($717 million) investment in Brazil this year, an executive told Reuters on Tuesday.
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Pinterest reports bigger-than-expected loss as costs rise

Technology News (Reuters) - Tue, 05/05/2020 - 22:02
Pinterest Inc reported a bigger-than-expected first-quarter loss on Tuesday as the image sharing company incurred higher costs, sending its shares down 10% in extended trade.
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Match quarterly revenue hit by slowing Tinder growth

Technology News (Reuters) - Tue, 05/05/2020 - 21:55
Match Group Inc reported quarterly revenue that fell short of Wall Street estimates on Tuesday, hit by slowing growth in its popular dating app "Tinder" as fewer people signed up and paid for its premium features amid the COVID-19 pandemic.
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Pinterest revenue beats estimates as users surge amid lockdowns

Technology News (Reuters) - Tue, 05/05/2020 - 21:17
Image sharing company Pinterest Inc's first-quarter revenue beat estimates on Tuesday, as coronavirus-led lockdowns forced people to stay indoors and seek engagement and entertainment online.
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State-backed hackers targeting coronavirus responders, U.S. and UK warn

Technology News (Reuters) - Tue, 05/05/2020 - 20:55
Government-backed hackers are attacking healthcare and research institutions in an effort to steal valuable information about efforts to contain the new coronavirus outbreak, Britain and the United States said on Tuesday in a joint warning.
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From bunting to the big picture: Isle of Wight becomes UK's virus app test bed

Technology News (Reuters) - Tue, 05/05/2020 - 20:39
The coronavirus outbreak put paid to May Day festivities on the Isle of Wight this week and brought the spotlight to the island for a very different reason: it has been designated a testing ground for a tracing app aimed at stemming the virus's spread.
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Facebook says it dismantles disinformation network tied to Iran's state media

Technology News (Reuters) - Tue, 05/05/2020 - 19:54
Iran's state broadcaster has used hundreds of fake social media accounts to covertly spread pro-Iranian messaging online since at least 2011, targeting voters in countries including Britain and the United States, Facebook said on Tuesday.
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Fox News Media ties-up with Spotify to distribute podcasts

Technology News (Reuters) - Tue, 05/05/2020 - 19:52
Fox News Media, a unit of Fox Corp, said on Tuesday it has partnered with digital streaming services company Spotify Technology SA to distribute its podcast catalogue featuring more than 20 original series.
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Twitter tests telling users their tweet replies may be offensive

Technology News (Reuters) - Tue, 05/05/2020 - 18:37
Twitter Inc will test sending users a prompt when they reply to a tweet using "offensive or hurtful language," in an effort to clean up conversations on the social media platform, the company said in a tweet on Tuesday.
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Children at risk as pandemic pushes them online, warns U.N. agency

Technology News (Reuters) - Tue, 05/05/2020 - 18:15
Children are accessing the internet at a younger age, spending longer online and are at greater risk of cyber bullying as the COVID-19 pandemic keeps them at home, a U.N. agency said on Tuesday.
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Apple to hold annual developers event online from June 22

Technology News (Reuters) - Tue, 05/05/2020 - 17:58
Apple Inc said on Tuesday its annual developers conference will start on June 22 and attendees would be able to stream the event for free on its developer app or website.
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UK expects hacker attacks on COVID responders to last months: minister

Technology News (Reuters) - Tue, 05/05/2020 - 17:39
Sophisticated networks of hackers are targeting national and international organisations which are responding to the COVID-19 pandemic, Britain's foreign minister Dominic Raab said on Tuesday, calling them "particularly dangerous and venal".
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Lebanese government to manage mobile networks ahead of new tender

Technology News (Reuters) - Tue, 05/05/2020 - 15:56
Lebanon's government will take back management of the country's two state-owned mobile phone networks after the latest contracts expired, and plans to prepare a new tender within three months.
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State-backed hackers targeting coronavirus workers, U.S. and UK warn

Technology News (Reuters) - Tue, 05/05/2020 - 15:06
Britain and the United States warned on Tuesday that government-backed hackers are attempting to break into healthcare and research institutions involved in the global response to the new coronavirus outbreak.
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ServiceNow, Adobe pair their customer service software to improve apps

Technology News (Reuters) - Tue, 05/05/2020 - 14:38
ServiceNow Inc and Adobe Inc said on Tuesday they will make their software systems work together in an effort to improve apps used by customer service representatives.
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