Technology

Japan to look at building a common infrastructure for digital payments

Technology News (Reuters) - Wed, 06/03/2020 - 09:05
Japan's three biggest banks have set up a study group that will look at possibly building a common settlement infrastructure for digital payments, an initiative backed by the central bank and the country's financial regulator.
Categories: Technology

Google takes down Indian app that removed Chinese ones: spokesman

Technology News (Reuters) - Wed, 06/03/2020 - 08:43
Alphabet Inc's Google has taken down an Indian mobile application from its app store that allowed users to remove other Chinese apps from their phones as it violated certain company policies, a spokesman said on Wednesday.
Categories: Technology

WhatsApp, PayPal invest in Indonesian super app Gojek

Technology News (Reuters) - Wed, 06/03/2020 - 08:31
Facebook Inc messaging platform WhatsApp and PayPal Holdings Inc on Wednesday said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm's ongoing fundraising round.
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U.S. probe into India's digital tax not a move of aggression, says Indian government source

Technology News (Reuters) - Wed, 06/03/2020 - 08:18
The U.S. government's move to launch a trade investigation into a digital services tax adopted by several countries including India should not be construed as a move of aggression against New Delhi, a senior Indian government source said on Wednesday.
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Coronavirus brings Asia's booming online lending sector to juddering halt

Technology News (Reuters) - Wed, 06/03/2020 - 08:16
The spring started out rosy for the Indian arm of ClearScore, a company that offers online credit scores and loans.
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Google takes down Indian app that removed Chinese ones: spokesman

Technology News (Reuters) - Wed, 06/03/2020 - 08:08
Alphabet Inc's Google has taken down an Indian mobile application from its app store that allowed users to remove other Chinese apps from their phones as it violated certain company policies, a spokesman said on Wednesday.
Categories: Technology

Facebook signs licensing deal with century-old Indian music label

Technology News (Reuters) - Wed, 06/03/2020 - 08:04
Facebook Inc has signed a global licensing deal with one of India's largest music labels, allowing users to choose from a large catalogue of Bollywood music for their Facebook and Instagram posts, the music company said on Wednesday.
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Google faces $5 billion lawsuit in U.S. for tracking 'private' internet use

Technology News (Reuters) - Wed, 06/03/2020 - 03:04
Google was sued on Tuesday in a proposed class action accusing the internet search company of illegally invading the privacy of millions of users by pervasively tracking their internet use through browsers set in "private" mode.
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Tech advocacy group's lawsuit says Trump's order on social media is unconstitutional

Technology News (Reuters) - Wed, 06/03/2020 - 03:01
An advocacy group backed by the tech industry sued President Donald Trump on Tuesday over his executive order that would weaken a law protecting online platforms including social media companies that label or fact-check his posts.
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After Facebook staff walkout, Zuckerberg defends no action on Trump posts

Technology News (Reuters) - Wed, 06/03/2020 - 03:00
Facebook CEO Mark Zuckerberg told employees on Tuesday that he stood by his decision not to challenge inflammatory posts by U.S. President Donald Trump, refusing to give ground a day after staff members staged a rare public protest.
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Canadian telcos tap Ericsson, Nokia for 5G gear, ditching Huawei

Technology News (Reuters) - Wed, 06/03/2020 - 02:49
Two of Canada's largest telecoms firms on Tuesday teamed with Sweden's Ericsson and Finland's Nokia Oyj to build fifth-generation (5G) telecoms networks, ditching China's Huawei Technologies for the project.
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Zoom nearly doubles revenue forecast on remote-work boost, but costs rising

Technology News (Reuters) - Wed, 06/03/2020 - 02:09
Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home and connect with friends online during coronavirus lockdowns.
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Twitter names ex Google CFO Pichette as chair, Kordestani to stay on

Technology News (Reuters) - Wed, 06/03/2020 - 01:39
Twitter Inc on Tuesday appointed Patrick Pichette, a former chief financial officer at Google, as the social network's board chairman, marking the first time in Twitter's history that an outsider will preside over the group.
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Google is sued in U.S. for tracking users' 'private' internet browsing

Technology News (Reuters) - Wed, 06/03/2020 - 00:09
Google was sued on Tuesday in a proposed class action accusing the internet search company of illegally invading the privacy of millions of users by tracking their internet use from browsers set in "private" browsing mode.
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Use of battery power storage seen accelerating to 2030 and beyond: WoodMac

Technology News (Reuters) - Wed, 06/03/2020 - 00:06
The use of batteries for energy storage is expected to grow faster than that of other flexible assets in the period to 2030 and beyond, as renewable energy generation expands, consultancy Wood Mackenzie said in research published on Wednesday.
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Europe's Gaia-X cloud computing platform takes shape

Technology News (Reuters) - Wed, 06/03/2020 - 00:03
A proposed European cloud computing platform that seeks to break the continent's reliance on Silicon Valley will take shape in the coming weeks when a group of 22 French and German companies set up a legal entity to run it.
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Zoom doubles forecast for full-year revenue on remote-work boost

Technology News (Reuters) - Tue, 06/02/2020 - 23:41
Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home and connect with friends online during coronavirus lockdowns.
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Twitter names ex-Google CFO Patrick Pichette chairman

Technology News (Reuters) - Tue, 06/02/2020 - 23:38
Twitter Inc said on Tuesday that it appointed Patrick Pichette, former chief financial officer at Google, as chairman, replacing Omid Kordestani.
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Lyft says May rides jump 26% from prior month

Technology News (Reuters) - Tue, 06/02/2020 - 23:31
Ride-hailing firm Lyft Inc said on Tuesday that rides on its platform rose 26% in May from the previous month helped by strong growth in cities where coronavirus-induced restrictions have been eased.
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TikTok has its Arab Spring moment as teen activism overtakes dance moves

Technology News (Reuters) - Tue, 06/02/2020 - 22:09
Just a few months ago, 17-year-old Taylor Cassidy was spending hours flailing her arms in an attempt to pick up the latest dance move the "Renegade."
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