Technology

Activist investor Cevian Capital has trimmed its holding in Sweden's Ericsson to 7.4% of share capital, saying the telecom equipment maker's share of Cevian's portfolio had become too large.

Infrastructure fund Greencoat UK Wind PLC has agreed to buy the South Kyle wind farm in Scotland from developer Vattenfall for 320 million pounds ($397.66 million) once the farm begins operating in 2023, the companies said on Monday.

Starbucks on Monday said it has entered a strategic partnership with investment firm Sequoia Capital China that will see the two companies make strategic co-investments in China's technology sector.

Amazon.com Inc is piloting the use of video conference calls to verify the identity of merchants who wish to sell goods on its websites, in a new plan to counter fraud without in-person meetings in the pandemic, the company said on Sunday.

Citing grave dangers to privacy, Israel's Supreme Court ruled on Sunday that the government must bring its use of mobile phone tracking deployed in the battle against the new coronavirus under legislation.

Germany changed course on Sunday over which type of smartphone technology it wanted to use to trace coronavirus infections, backing an approach supported by Apple and Google along with a growing number of other European countries.

Israel's Corsight AI, which has developed technology to recognize faces concealed by masks, goggles and plastic shields, raised $5 million from Awz Ventures, a Canadian fund focused on intelligence and security technologies.

The Australian government launched a controversial coronavirus tracing app on Sunday and promised to legislate privacy protections around it as authorities try to get the country and the economy back onto more normal footing.

Germany changed course on Sunday over which type of smartphone technology it wanted to use to trace coronavirus infections, backing an approach supported by Apple and Google along with a growing number of other European countries.

Israeli defense contractor Elbit Systems said on Sunday it won a contract worth about $103 million to supply electronic warfare (EW) suites for an air force of an Asian country.

A fleet of robots on wheels that deliver shopping in the English town of Milton Keynes have seen their popularity surge as residents are stuck indoors due to the coronavirus lockdown.

U.S. President Donald Trump's suggestion that ultraviolet light could be inserted into coronavirus patients was widely panned on Friday, but a California company thinks it's a perfect solution for decontaminating airplanes.

U.S. states promoting apps that could prove essential to ending the coronavirus lockdown may be headed for a showdown with the two Silicon Valley companies that control key software on 99% of smartphones over the collection of sensitive GPS location data.

The Federal Communications Commission (FCC) on Friday said it may shut down the U.S. operations of three state-controlled Chinese telecommunications companies, citing national security risks.

Facebook Inc introduced a videoconferencing tool and expanded livestreaming features on Friday, capitalizing on a surge in demand for video chats during the coronavirus pandemic while taking its first steps toward a planned integration of messaging products across its apps.

Verizon Communications Inc withdrew its full-year revenue outlook on Friday as it lost 68,000 phone subscribers who pay a monthly bill in the first quarter amid lockdowns due to coronavirus outbreak that closed 70% of its stores.

Apple Inc and Alphabet Inc's Google on Friday updated technical details of the coronavirus contact tracing system they plan to release next month, saying new features would strengthen privacy protections and give health authorities more detailed data.

A standoff between the two largest nations in the European Union and Silicon Valley escalated on Friday as Apple and Google rebuffed demands by France and Germany to back their approach to using smartphone technology to trace coronavirus infections.

The Irish government should consider copying Australia's plan to force Facebook Inc and Alphabet Inc's Google to share advertising revenue with local media, Prime Minister Leo Varadkar said on Friday.

The technology and healthcare sectors have tightened their grip on global stock markets since the coronavirus shock knocked world shares from February's record highs.