Technology

Infineon to raise 1 bln euros with capital increase

Technology News (Reuters) - Tue, 05/26/2020 - 18:31
German chipmaker Infineon Technologies aims to raise about 1 billion euros ($1.1 billion) by issuing new shares to partially finance its $10 billion acquisition of U.S.-based Cypress Semiconductor, it said on Tuesday.
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South Korean cafe hires robot barista to help with social distancing

Technology News (Reuters) - Tue, 05/26/2020 - 18:17
The new robot barista at the cafe in Daejeon, South Korea, is courteous and swift as it seamlessly makes its way towards customers.
Categories: Technology

Nokia shuts plant in south India after 42 test positive for coronavirus

Technology News (Reuters) - Tue, 05/26/2020 - 17:45
Nokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the company said on Tuesday, after some employees tested positive for COVID-19.
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Lithium producers must wait as pandemic slows electric vehicle revolution

Technology News (Reuters) - Tue, 05/26/2020 - 15:10
The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion delays and sales of major assets.
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Uber cuts 600 jobs in India as lockdown hits business

Technology News (Reuters) - Tue, 05/26/2020 - 14:29
Uber Technologies Inc has cut about 600 jobs in India as part of plans to reduce its global workforce by 23%, the company said on Tuesday, joining local rival Ola as the COVID-19 pandemic crushes demand for app-based cab services.
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Softbank's Arm releases chip tech for high-end Android devices

Technology News (Reuters) - Tue, 05/26/2020 - 14:03
Arm Ltd, the semiconductor firm owned by Japan's Softbank Group Corp, on Tuesday released new technology aimed at helping Android devices catch up to Apple Inc's iPhones for certain computing tasks such as video games.
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Tech companies target temperature-monitoring patches for COVID-19

Technology News (Reuters) - Tue, 05/26/2020 - 12:24
A group of tech companies is working on a patch about the size of small bandage that could be worn to monitor for the elevated body temperatures that can sometimes signal the onset of COVID-19.
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Korean prosecutors question Samsung heir in succession-related probe

Technology News (Reuters) - Tue, 05/26/2020 - 10:35
Samsung Group heir Jay Y. Lee was questioned on Tuesday by prosecutors about a controversial 2015 merger and alleged accounting fraud that they said may have helped him advance his succession-planning agenda at the country's top conglomerate.
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As Chinese authorities expand use of health tracking apps, privacy concerns grow

Technology News (Reuters) - Tue, 05/26/2020 - 10:08
China's health tracking QR codes, which have played a key part in the country's successful containment of the coronavirus, now look set to play a much broader role in daily life as local authorities dream up new uses for the technology.
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Vivendi's Dailymotion forms partnership with Huawei Video

Technology News (Reuters) - Tue, 05/26/2020 - 09:21
Vivendi's Dailymotion video platform and China's Huawei Video on Tuesday announced a partnership to offer international and local video content, as Huawei continues its plans to increase its presence in France and Europe.
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Tencent to invest $70 billion in 'new infrastructure'

Technology News (Reuters) - Tue, 05/26/2020 - 08:42
Chinese tech giant Tencent Holdings will invest 500 billion yuan ($70 billion) over the next five years in technology infrastructure including cloud computing, artificial intelligence and cybersecurity, the company said Tuesday.
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Japan's Marvelous shares jump 17% as China's Tencent takes 20% stake

Technology News (Reuters) - Tue, 05/26/2020 - 08:18
Shares in Japan's Marvelous Inc on Tuesday closed up 17% at their daily limit of 682 yen after the games maker announced China's Tencent Holdings Ltd would take a 20% stake.
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China's coronavirus campaign offers glimpse into surveillance system

Technology News (Reuters) - Tue, 05/26/2020 - 08:08
The coronavirus outbreak in China has given unprecedented glimpses into how an extensive system of surveillance cameras works, as monitoring stations are rebranded epidemic "war rooms" helping to check people's movements and stifle the disease.
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In land of big data, China sets individual privacy rights

Technology News (Reuters) - Tue, 05/26/2020 - 05:28
China is poised to enshrine individuals' rights to privacy and personal data for the first time, a symbolic first step as more of the country of 1.4 billion people becomes digitised - and more vulnerable to leaks and hacks.
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Red Cross urges halt to cyberattacks on healthcare sector amid COVID-19

Technology News (Reuters) - Tue, 05/26/2020 - 05:07
The Red Cross called for an end to cyberattacks on healthcare and medical research facilities during the coronavirus pandemic, in a letter published Tuesday and signed by a group of political and business figures.
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Hong Kong demand for VPNs surges on heels of China's plan for national security laws

Technology News (Reuters) - Tue, 05/26/2020 - 03:12
Demand for virtual private networks in Hong Kong surged more than six-fold last Thursday as Beijing proposed tough new national security laws for the financial hub, reflecting concerns over internet privacy, according to a VPN provider.
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Belgian rail tests sensors to keep workers apart during COVID-19

Technology News (Reuters) - Mon, 05/25/2020 - 18:03
Belgium's railways are testing smart cameras with sensors to ensure its workers wear masks and maintain their distance to stop the spread of the coronavirus.
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Siemens to initially keep 45% in Siemens Energy after spin-off: sources

Technology News (Reuters) - Mon, 05/25/2020 - 17:56
Siemens is planning to keep a 45% stake in its energy business which the German engineering group wants to spin off later this year, two people close to the matter said on Monday.
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Latvia to launch Google-Apple friendly coronavirus contact tracing app

Technology News (Reuters) - Mon, 05/25/2020 - 12:53
Latvia aims to become one of the first countries to launch a smartphone app using a new toolkit created by U.S. tech giants Apple and Alphabet's Google to help trace coronavirus infections.
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India's Reliance launches JioMart online grocery service, challenging Amazon, Flipkart

Technology News (Reuters) - Sun, 05/24/2020 - 08:37
Reliance Industries Ltd has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon.com's local unit and Walmart Inc's Flipkart in the huge Indian market.
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