Technology

Call center AI firm ASAPP unveils funding as COVID-19 boosts business

Technology News (Reuters) - Fri, 05/01/2020 - 18:59
ASAPP Inc an artificial intelligence software that helps call center agents work better and faster, on Friday announced a $185 million series B funding round as the coronavirus pandemic pushes up call center volume at a time when companies are looking to cut labor costs.
Categories: Technology

Musk's SpaceX, Bezos' Blue Origin land contracts to build NASA's astronaut moon lander

Technology News (Reuters) - Fri, 05/01/2020 - 18:23
((This April 30 story has been corrected to say Starship can carry more than 100 metric tonnes of cargo, not 100 pounds in paragraph 9. The error occurred in a previous version as well.))
Categories: Technology

Tencent buys 5% stake in Australian buy-now-pay-later firm Afterpay

Technology News (Reuters) - Fri, 05/01/2020 - 15:46
Chinese gaming and social media group Tencent Holdings has bought a 5% stake in Afterpay Ltd, the Australian buy-now-pay-later firm said on Friday.
Categories: Technology

U.S. tech company Vonage bets on digital health care in Uganda

Technology News (Reuters) - Fri, 05/01/2020 - 12:30
U.S. cloud services company Vonage is partnering with social enterprise CTI Africa to pioneer video-linked healthcare in Uganda, where good hospitals and qualified medical personnel are scarce.
Categories: Technology

Chinese startup Rokid sees opportunity with COVID-fighting smart glasses

Technology News (Reuters) - Fri, 05/01/2020 - 12:29
A Chinese startup that develops augmented-reality products for use in manufacturing and gaming has found a promising growth area in the midst of a global pandemic - wearable glasses that measure temperatures on the move.
Categories: Technology

For cloud giants, usage soars but tech investment delays hobble revenue growth

Technology News (Reuters) - Fri, 05/01/2020 - 12:28
As lockdown orders force billions of people to work, learn and play from home during the novel coronavirus outbreak, usage has surged for the cloud computing services that power video conferencing, streaming television and online games.
Categories: Technology

Cut us some slack, German travel start-ups tell Google

Technology News (Reuters) - Fri, 05/01/2020 - 11:06
(This April 30 story corrects name of Dealroom.co in paragraph 14.)
Categories: Technology

Swiss soldiers pick up smartphones to fight COVID-19

Technology News (Reuters) - Fri, 05/01/2020 - 10:38
In the battle against coronavirus, Swiss soldiers are using smartphones to test a new contact tracing application that could prevent infections while also protecting users' privacy.
Categories: Technology

Tesla cuts price for China-made Model 3 cars by 10% to qualify for subsidies

Technology News (Reuters) - Fri, 05/01/2020 - 03:44
U.S. electric vehicle maker Tesla Inc said in Friday it has cut the starting price for China-made Model 3 sedans by 10% to qualify for subsidies in the world's biggest auto market.
Categories: Technology

Apple, Huawei boost market share, as first-quarter China smartphone shipments fall: Canalys

Technology News (Reuters) - Fri, 05/01/2020 - 03:38
Apple Inc and Huawei Technologies [HWT.UL] each captured a higher share of China's smartphone market in the first quarter, according to data from research firm Canalys released on Friday.
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Amazon sees possible second-quarter loss as it forecasts $4 billion in COVID-19-related costs

Technology News (Reuters) - Fri, 05/01/2020 - 03:34
Amazon.com Inc on Thursday said it could post its first quarterly loss in five years even as revenue surges because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to test its workforce for COVID-19.
Categories: Technology

Factbox: Elon Musk protest tweets against coronavirus lockdowns

Technology News (Reuters) - Fri, 05/01/2020 - 02:52
Tesla Inc Chief Executive Officer Elon Musk, who has a history of being outspoken on Twitter, lashed out on the social media platform over the past several days with his strong views on restrictions to curb the spread of the coronavirus.
Categories: Technology

Apple sales inch higher despite coronavirus but CEO Tim Cook sees uncertain future

Technology News (Reuters) - Fri, 05/01/2020 - 01:32
Apple Inc reported sales and profits that beat Wall Street expectations Thursday, with Chief Executive Officer Tim Cook saying China sales were "headed in the right direction" as that country reopens from the novel coronavirus.
Categories: Technology

Amazon sees $4 billion in COVID-19-related costs, may not make second-quarter profit

Technology News (Reuters) - Thu, 04/30/2020 - 23:01
Amazon.com Inc on Thursday said it could post its first quarterly loss in five years because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to test its workers for COVID-19 and providing them with protective gear, and paying higher wages.
Categories: Technology

Elliott further trims stake in Telecom Italia

Technology News (Reuters) - Thu, 04/30/2020 - 22:23
U.S. hedge fund Elliott Management has further cut its stake in Italy's biggest phone group Telecom Italia (TIM), a regulatory filing showed, amid an ongoing portfolio rebalancing as COVID-19 rocks financial markets.
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Zoom says it has 300 million daily meeting participants, not users

Technology News (Reuters) - Thu, 04/30/2020 - 21:18
Video conferencing provider Zoom said on Thursday it had mistakenly published a blog last week that put its daily users at 300 million people when the figure instead referred to the number of meeting participants.
Categories: Technology

Digital ad market is avoiding coronavirus disaster, say tech giants

Technology News (Reuters) - Thu, 04/30/2020 - 20:53
Reports of the demise of the digital advertising market due to the coronavirus outbreak appear exaggerated as the tech giants dominating the online ads business, Google and Facebook, said this week they saw early signs that the worst could be over.
Categories: Technology

Elliott trims stake in Telecom Italia further to 5.13%

Technology News (Reuters) - Thu, 04/30/2020 - 20:45
U.S. hedge fund Elliott Management has further cut its stake in Italy's biggest phone group Telecom Italia (TIM), a regulatory filing showed on Thursday.
Categories: Technology

Investor Einhorn tweets at Tesla's Musk asking for more company financials

Technology News (Reuters) - Thu, 04/30/2020 - 20:27
One day after Tesla Inc posted its third quarterly profit in a row, hedge fund manager David Einhorn, one of the electric carmaker's best-known critics, lobbed questions about the company's financials at its two top executives.
Categories: Technology

Half of Telecom Italia staff to work remotely in cautious approach after lockdown: document

Technology News (Reuters) - Thu, 04/30/2020 - 19:58
Telecom Italia (TIM) will keep just over half of its staff working from home when Italy's biggest phone group begins a gradual reopening of its offices across Italy next week, company documents seen by Reuters showed.
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