Technology

Google says use existing EU laws, not new ones to govern AI

Technology News (Reuters) - Thu, 05/28/2020 - 18:56
Google has called on the European Union to use current EU laws to govern the use of artificial intelligence rather than draft new ones and cautioned against a one size fits all regulatory framework because of AI's diverse applications.
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Volkswagen becomes biggest shareholder of China's EV battery maker Guoxuan

Technology News (Reuters) - Thu, 05/28/2020 - 18:09
German automaker Volkswagen AG has become the biggest shareholder of China's electric vehicle battery maker Guoxuan High-Tech Co Ltd with a 26.5% stake, Guoxuan said in stock exchange filings on Thursday.
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DoorDash to create websites for restaurants' online food ordering

Technology News (Reuters) - Thu, 05/28/2020 - 16:23
Food delivery company DoorDash will announce on Thursday a service to help restaurants build their own websites for online ordering so they do not have to pay marketing commissions to the platform itself.
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Electric vehicle maker Nio eyes listing of new China entity

Technology News (Reuters) - Thu, 05/28/2020 - 16:15
Electric vehicle (EV) maker Nio Inc's chief executive said it may list its new Nio China entity, as the cash-strapped company eyed a rebound after selling fewer vehicles during the coronavirus outbreak.
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Trump executive order takes aim at social media firms: draft

Technology News (Reuters) - Thu, 05/28/2020 - 14:59
U.S. President Donald Trump is expected to order a review of a law that has long protected Twitter, Facebook and Alphabet's Google from being responsible for the material posted by their users, according to a draft executive order and a source familiar with the situation.
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LabCorp ties up with software provider to expand virtual clinical trials

Technology News (Reuters) - Thu, 05/28/2020 - 14:33
Laboratory Corporation of America Holdings (LabCorp) said on Thursday it was partnering with software provider Medable to speed up the adoption of virtual clinical trials, as many participants are dropping out of ongoing studies due to the COVID-19 pandemic.
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Google considering taking stake in Vodafone Idea: FT

Technology News (Reuters) - Thu, 05/28/2020 - 13:21
Alphabet Inc's Google is exploring an investment in Vodafone Group Plc's <VOD.L > struggling India business, the Financial Times reported on Thursday, citing people familiar with the matter.
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China's Nio quarterly revenue misses estimates on COVID-19 hit

Technology News (Reuters) - Thu, 05/28/2020 - 12:54
Nio Inc on Thursday reported quarterly revenue below Wall Street estimates as the cash-strapped Chinese electric vehicle (EV) maker sold fewer vehicles amid the COVID-19 pandemic, sending its shares down 3%.
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Payments startup Marqeta raises $150 million, hits $4.3 billion valuation

Technology News (Reuters) - Thu, 05/28/2020 - 12:21
Payment card issuing startup Marqeta has raised $150 million from a U.S. institutional investor, doubling its valuation to $4.3 billion, the company said on Thursday.
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Amid lockdown, Kenyan medical startup brings clinic to your home

Technology News (Reuters) - Thu, 05/28/2020 - 11:39
Nathalie Maikere sat at her dining table, her two children playing video games a few feet away, as a doctor in a lab coat unpacked her medical bag and took her temperature, pulse, and blood pressure.
Categories: Technology

From bikes to blockchain: Shipping industry goes digital in lockdown

Technology News (Reuters) - Thu, 05/28/2020 - 11:25
The coronavirus lockdown has accelerated a digitalisation drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in some countries, according to industry leaders.
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Alibaba extends its reach in China as coronavirus outbreak opens doors

Technology News (Reuters) - Thu, 05/28/2020 - 10:49
Alibaba Group Holding Ltd is emerging as one of China's biggest corporate winners of the coronavirus crisis, gaining the opportunity to expand its businesses and solidify its status as a critical part of the country's socio-economic engine.
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Huawei CFO Meng loses key court fight against extradition to United States

Technology News (Reuters) - Thu, 05/28/2020 - 10:45
Huawei Technologies Co's Chief Financial Officer Meng Wanzhou was dealt a setback by a Canadian court on Wednesday as she tries to avoid extradition to the United States to face bank fraud charges, dashing hopes for an end to her 18-month house arrest in Vancouver.
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Trump to sign executive order on social media on Thursday: White House

Technology News (Reuters) - Thu, 05/28/2020 - 10:00
U.S. President Donald Trump will sign an executive order on social media companies on Thursday, White House officials said after Trump threatened to shut down websites he accused of stifling conservative voices.
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Timeline: Key events in Huawei CFO Meng Wanzhou's extradition case

Technology News (Reuters) - Thu, 05/28/2020 - 09:54
A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Co Ltd's Chief Financial Officer Meng Wanzhou's extradition to the United States. The judge will rule on double criminality, meaning whether the charges against Meng were illegal in both Canada and the United States at the time of her December 2018 arrest.
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Explainer: What happens next in Huawei CFO's U.S. extradition case

Technology News (Reuters) - Thu, 05/28/2020 - 09:54
A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Co Ltd's Chief Financial Officer Meng Wanzhou's extradition to the United States. The judge will rule on double criminality, meaning whether the charges against Meng were illegal in both Canada and the United States at the time of her December 2018 arrest.
Categories: Technology

Tencent raises $6 billion in largest Asian corporate debt deal this year

Technology News (Reuters) - Thu, 05/28/2020 - 06:44
Chinese social media and gaming giant Tencent Holdings Ltd said on Thursday it raised $6 billion in a U.S. dollar bond sale - the largest debt deal by an Asian corporate in 2020.
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Google sees resurgence in state-backed hacking, phishing related to COVID-19

Technology News (Reuters) - Thu, 05/28/2020 - 05:18
Security experts at Alphabet Inc's Google sent 1,755 warnings in April to users whose accounts were targets of government-backed attackers, following a resurgence in hacking and phishing attempts related to the coronavirus outbreak.
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Apple secures deal for Scorsese's next film starring DiCaprio, De Niro: media

Technology News (Reuters) - Thu, 05/28/2020 - 03:56
Apple Inc has secured a deal for Hollywood veteran Martin Scorsese's next film, "Killers of the Flower Moon," U.S. media reported on Wednesday, citing sources.
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Facebook's Zuckerberg says government censoring social media not the 'right reflex'

Technology News (Reuters) - Thu, 05/28/2020 - 03:40
Facebook Inc's Chief Executive Officer Mark Zuckerberg, commenting on U.S. President Donald Trump's threats against social media companies, said on Wednesday censoring a platform would not be the "right reflex" for a government worried about censorship.
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