Technology

Amazon fires three critics of warehouse conditions in pandemic

Technology News (Reuters) - Wed, 04/15/2020 - 03:19
Amazon.com Inc said on Tuesday it had fired three critics of the company's pandemic response for workplace violations, dismissals that drew sharp words from U.S. Senator Bernie Sanders and a labor coalition.
Categories: Technology

Glade Brook pitches 'extraordinary opportunity' in tech debt amid coronavirus

Technology News (Reuters) - Wed, 04/15/2020 - 02:43
Glade Brook Capital Partners LLC, the venture capital firm led by Paul Hudson, is pitching a new fund to investors targeting the debt of private technology companies impacted by economic disruption from COVID-19.
Categories: Technology

Washington AG sues Facebook over political ads

Technology News (Reuters) - Wed, 04/15/2020 - 02:37
Washington state's attorney general filed a second lawsuit against Facebook Inc over political ads on Tuesday, saying the social media giant once again failed to make disclosures required under the state's campaign finance laws.
Categories: Technology

Comcast's Peacock to launch with limited original shows amid coronavirus

Technology News (Reuters) - Tue, 04/14/2020 - 22:11
NBCUniversal's long-awaited streaming service, Peacock, will launch free to some Comcast Corp customers on Wednesday with a limited slate of new content, as productions for its original programming have been halted amid the global coronavirus pandemic.
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UK urged to stop China taking control of Imagination Tech: lawmaker

Technology News (Reuters) - Tue, 04/14/2020 - 21:06
The British government should seek every mechanism to prevent the removal of the technology base of Imagination Technologies to China, including seeking a Western buyer for the company, British lawmaker David Davis said on Tuesday.
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Apple launches site to show how coronavirus lockdowns affect movement

Technology News (Reuters) - Tue, 04/14/2020 - 20:41
Apple Inc said on Tuesday it would release data that could help inform public health authorities on whether people are driving less during lockdown orders to slow the spread of the new coronavirus.
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Britain's ITV under fire over presenter's 5G-coronavirus comments

Technology News (Reuters) - Tue, 04/14/2020 - 19:45
Britain's biggest free-to-air broadcaster ITV came under fire on Tuesday after one of its leading presenters said no one knew whether a conspiracy theory that 5G masts help spread the novel coronavirus was true or not.
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Exclusive: Stay off Zoom, Google Hangouts, Standard Chartered chief tells staff

Technology News (Reuters) - Tue, 04/14/2020 - 19:42
Standard Chartered Plc is the first major global bank to tell employees not to use Zoom Video Communications Inc during the coronavirus pandemic due to cybersecurity concerns, according to a memo seen by Reuters.
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Explainer: How smartphone apps can help 'contact trace' the new coronavirus

Technology News (Reuters) - Tue, 04/14/2020 - 19:21
A global race is on to develop smartphone apps and other types of mobile phone surveillance systems to track and contain the spread of the novel coronavirus.
Categories: Technology

German tech startups plead for European approach to corona tracing app

Technology News (Reuters) - Tue, 04/14/2020 - 19:20
Europe should not cede its sovereignty to Silicon Valley when it comes to using technology to help trace those at risk of coronavirus infection, the German developers of a smartphone app said on Tuesday.
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Explainer: How smartphone apps can help 'contact trace' the new coronavirus

Technology News (Reuters) - Tue, 04/14/2020 - 18:40
A global race is on to develop smartphone apps and other types of mobile phone surveillance systems to track and contain the spread of the novel coronavirus.
Categories: Technology

Autodesk invests in public infrastructure software firm

Technology News (Reuters) - Tue, 04/14/2020 - 17:23
Autodesk Inc on Tuesday said it would take a minority stake in a Texas company that makes software for planning and building infrastructure projects such as roads and bridges.
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Amazon fires two employees critical of warehouse working conditions

Technology News (Reuters) - Tue, 04/14/2020 - 17:16
Amazon.com Inc said on Tuesday it terminated two employees, who criticized the working conditions at the e-commerce giant's warehouses in the wake of the coronavirus pandemic, for "repeatedly violating internal policies".
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Lightspeed raises over $4 billion to support entrepreneurs amid coronavirus threat

Technology News (Reuters) - Tue, 04/14/2020 - 16:01
Lightspeed Venture Partners said on Tuesday it raised more than $4 billion for three new funds to support early and growth stage entrepreneurs even as the coronavirus outbreak threatens the global economy.
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Cisco offers big payment deferrals until 2021 as companies seek remote-work tools

Technology News (Reuters) - Tue, 04/14/2020 - 13:07
Cisco Systems Inc on Tuesday launched a $2.5 billion financing program that lets its customers defer 95% of payments until 2021, giving companies additional leeway at time when some are facing a cash crunch but also need more remote-work tools.
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SoftBank record loss estimate renews asset sale focus

Technology News (Reuters) - Tue, 04/14/2020 - 11:56
SoftBank Group Corp's estimate it will post a record $13 billion full-year loss, dragged down by its spluttering $100 billion Vision Fund, has renewed attention on a planned asset sell-down aimed at raising cash and restoring confidence.
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UK media regulator to assess ITV programme over 5G-coronavirus conspiracy comments

Technology News (Reuters) - Tue, 04/14/2020 - 09:41
Britain's media regulator Ofcom is assessing an ITV programme after a presenter questioned why the mainstream media had slapped down a conspiracy theory linking the spread of the coronavirus to 5G masts.
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G20 sets ground rules ahead of Facebook's Libra stablecoin

Technology News (Reuters) - Tue, 04/14/2020 - 09:05
The world's leading economies need to plug gaps in their rulebooks to avoid digital currencies like Facebook's planned Libra stablecoin from undermining financial stability, the Group of 20 Economies' (G20) regulatory watchdog said on Tuesday.
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South Korea's Coupang operating loss shrinks by a third in 2019 as e-commerce surges

Technology News (Reuters) - Tue, 04/14/2020 - 07:56
Coupang Corp, one of South Korea's biggest e-commerce firms, said on Tuesday its operating loss shrank by a third last year, helped by a 64% climb in revenue as it expanded its customer base and online demand for home appliances and groceries surged.
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Apple shipped 2.5 million iPhones in China in March following virus slump: government data

Technology News (Reuters) - Tue, 04/14/2020 - 06:32
Apple Inc shipped roughly 2.5 million iPhones in China in March, a slight rebound after one of its worst months in the country ever, according to government data published on Friday.
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