Technology

Boeing could produce Loyal Wingman fighter-like drone by middle of decade: executive

Technology News (Reuters) - Tue, 05/05/2020 - 12:52
Boeing Co sees mass production of its unmanned, fighter-like jet developed in Australia likely happening by the middle of the decade, an executive said on Tuesday, as it rolled out the first of three prototypes.
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Microsoft to invest $1 billion in Polish cloud project

Technology News (Reuters) - Tue, 05/05/2020 - 11:19
Microsoft will invest $1 billion in Poland as part of a plan that will involve opening a data centre in the country to provide cloud services to businesses and government institutions, the company said in a statement on Tuesday.
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WeWork co-founder Neumann sues SoftBank over failed tender offer

Technology News (Reuters) - Tue, 05/05/2020 - 06:32
WeWork co-founder Adam Neumann filed a lawsuit against Japan's SoftBank Group Corp and its Vision Fund on Monday for terminating a $3 billion tender offer to the office-sharing startup's shareholders.
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Apple, Google ban use of location tracking in contact tracing apps

Technology News (Reuters) - Tue, 05/05/2020 - 03:50
Apple Inc and Alphabet Inc's Google on Monday said they would ban the use of location tracking in apps that use a new contact tracing system the two are building to help slow the spread of the novel coronavirus.
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Apple borrows on the cheap to fund buybacks, dividends

Technology News (Reuters) - Tue, 05/05/2020 - 02:02
Apple Inc on Monday capitalized on the Federal Reserve's emergency measures in response to the coronavirus outbreak to issue its cheapest bonds in years, making it the latest blue-chip company to do so to fund stock buybacks and dividends.
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Intel buys Moovit transit app for $900 million to help develop robotaxis

Technology News (Reuters) - Tue, 05/05/2020 - 01:27
Chipmaker Intel Corp has bought Israeli public transit app maker Moovit for about $900 million to help it develop self-driving "robotaxis" that could take to the streets in early 2022, the company said on Monday.
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UK to test COVID-19 tracing app on the Isle of Wight this week

Technology News (Reuters) - Mon, 05/04/2020 - 22:23
Britain will start testing its own COVID-19 tracing app on the Isle of Wight from Tuesday, hoping that the technology in combination with more testing and tracking will help limit transmission of the coronavirus.
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Fintech startup Robinhood raises fresh funds at $8.3 billion valuation

Technology News (Reuters) - Mon, 05/04/2020 - 20:55
Robinhood Markets Inc said on Monday it has raised $280 million in a funding round that valued the online brokerage at $8.3 billion as it benefits from new signups amid increased market volatility and stay-at-home orders due to the coronavirus.
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Apple launches new MacBook Pro with updated keyboard

Technology News (Reuters) - Mon, 05/04/2020 - 17:38
Apple Inc on Monday launched an updated version of its MacBook Pro with modified keyboards, as the laptop line had faced criticism for typing-related problems, while boosting performance and adding storage.
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Uber's Middle East business Careem cuts 31% of workforce

Technology News (Reuters) - Mon, 05/04/2020 - 17:25
Uber Technologies' Careem subsidiary said on Monday it was cutting 536 jobs this week, representing 31% of the Dubai-headquartered company's workforce.
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Fitness group cure.fit lays off employees, mulls all-digital move: sources

Technology News (Reuters) - Mon, 05/04/2020 - 17:04
Indian gym and wellness startup cure.fit has laid off as many as 800 of its staff across the country and permanently closed a number of fitness centres to cut costs amid the world's biggest coronavirus lockdown, sources familiar with the situation said.
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Xiaomi to roll out new e-commerce service in India to boost sales during lockdown

Technology News (Reuters) - Mon, 05/04/2020 - 16:50
Chinese smartphone maker Xiaomi Corp said on Monday it will launch an e-commerce service in India this week to enable customers stuck at home during a nationwide lockdown to buy its products from their local retailer.
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Apple launches new MacBook Pro

Technology News (Reuters) - Mon, 05/04/2020 - 15:31
Apple Inc (AAPL.O) on Monday launched an updated version of its MacBook Pro, with modified keyboards as the laptop line had faced criticism for typing-related problems, while boosting performance and adding storage.
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Vodacom launches commercial 5G mobile network in South Africa

Technology News (Reuters) - Mon, 05/04/2020 - 14:29
Mobile operator Vodacom Group said on Monday it had switched on Africa's first live 5G mobile network in three cities in South Africa, with further rollouts planned in other parts of the country.
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China, Russia take advantage of virus emergency, U.S defense secretary says

Technology News (Reuters) - Mon, 05/04/2020 - 10:01
Russia and China are taking advantage of the coronavirus emergency to put their interests forward in Europe, U.S. Defense Secretary Mark Esper said on Monday, describing Chinese efforts to promote Huawei mobile phone network equipment as malign.
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Online trading platform IG appoints ex-JLT director Rozes as finance head

Technology News (Reuters) - Mon, 05/04/2020 - 08:29
IG Group said on Monday Charlie Rozes, former finance director of Jardine Lloyd Thompson, will join the online trading group as chief financial officer, at a time when the sector is benefiting from strong volatility due to a coronavirus-induced selloff.
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France's COVID-19 tracing app expected to enter testing in week of May 11

Technology News (Reuters) - Sun, 05/03/2020 - 20:19
France's state-supported "StopCOVID" contact-tracing app should enter its testing phase in the week of May 11 when the country starts to unwind its lockdown, a government minister said on Sunday.
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France reports 135 more deaths from COVID-19, taking toll to 24,895

Technology News (Reuters) - Sun, 05/03/2020 - 20:18
The number of people who have died in France after contracting the new coronavirus rose on Sunday by 135 to 24,895, the health ministry said.
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Intel in talks to buy Israel's Moovit public transit app for $1 billion: media

Technology News (Reuters) - Sun, 05/03/2020 - 13:42
Chipmaker Intel Corp is in advanced talks to acquire Israeli public transit app developer Moovit for $1 billion, financial news website Calcalist reported on Sunday.
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Indonesia's Tokopedia probes alleged data leak of 91 million users

Technology News (Reuters) - Sun, 05/03/2020 - 08:43
Tokopedia, Indonesia's largest e-commerce platform, said it was investigating an attempted hack and claims that the details of millions of its users had been leaked online.
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