Technology

Facebook sues individuals for offering to extract data, gather likes

Technology News (Reuters) - Thu, 06/18/2020 - 17:18
Facebook Inc said on Thursday it filed lawsuits against individuals in Europe and the United States for abusing its platforms to offer automated tools for scraping users' personal data and gathering likes.
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Kenya video-conference platform elbows its way into crowded field

Technology News (Reuters) - Thu, 06/18/2020 - 16:58
Tiny Kenyan start-up Gumzo is a minnow on the booming teleconferencing scene but its creators hope the platform will help companies spend more of their cash in Africa rather than on foreign technology companies.
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Amazon and Valentino file joint lawsuit over shoe counterfeiting

Technology News (Reuters) - Thu, 06/18/2020 - 16:41
Italian luxury brand Valentino and Internet giant Amazon have filed a joint lawsuit against New York-based Kaitlyn Pan Group for allegedly counterfeiting Valentino shoes and offering them for sale online.
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UK ditches COVID-19 app model to use Google-Apple system

Technology News (Reuters) - Thu, 06/18/2020 - 16:32
Britain will switch to Apple and Google technology for its COVID-19 test-and-trace app, ditching its homegrown system which was not working well enough on Apple's iPhone, the government said on Thursday.
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Amazon, Valentino file joint lawsuit over shoes counterfeiting

Technology News (Reuters) - Thu, 06/18/2020 - 15:48
Italian luxury brand Valentino and Internet giant Amazon have filed a joint lawsuit against New York-based Kaitlyn Pan Group for allegedly counterfeiting Valentino's shoes and offering them for sale online.
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DC superheroes coming to your headphones as Spotify signs podcast deal

Technology News (Reuters) - Thu, 06/18/2020 - 15:44
Podcasts featuring Batman, Wonder Woman and Superman will soon stream on Spotify as the Swedish music streaming company has signed a deal with AT&T Inc's Warner Bros and DC Entertainment.
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Russia lifts ban on Telegram messaging app after failing to block it

Technology News (Reuters) - Thu, 06/18/2020 - 14:54
Russia on Thursday lifted a ban on the Telegram messaging app that had failed to stop the widely-used programme operating despite being in force for more than two years.
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Europe threatens digital taxes without global deal, after U.S. quits talks

Technology News (Reuters) - Thu, 06/18/2020 - 14:37
The European Union said on Thursday it could impose taxes on digital giants such as Google , Amazon and Facebook even without a global agreement by the year-end, after Washington quit talks and stoked fears of a new trade war.
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Germany wants to rescue talks with U.S. on digital services tax

Technology News (Reuters) - Thu, 06/18/2020 - 14:35
Germany wants to rescue talks with the United States on how to tax big digital firms such as Google , Amazon and Facebook , the finance ministry said on Thursday after Washington pulled out of the negotiations.
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Shunning international tax talks could trigger trade war: OECD

Technology News (Reuters) - Thu, 06/18/2020 - 14:30
Failure to work towards an international deal on taxing big digital companies could trigger a dangerous trade war, the OECD said on Thursday, urging countries to remain engaged in talks after Washington announced it was pulling out of them for now.
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Reliance says Saudi's PIF to invest $1.49 billion in Jio

Technology News (Reuters) - Thu, 06/18/2020 - 13:58
Saudi Arabia's Public Investment Fund (PIF) will buy a 2.32% stake in Reliance Industries' digital unit Jio Platforms for 113.67 billion rupees ($1.49 billion), the Indian conglomerate said on Thursday.
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Thai central bank to develop payment system prototype for business using digital currency

Technology News (Reuters) - Thu, 06/18/2020 - 12:46
Thailand's central bank unveiled on Thursday plans to build a prototype of a payment system for businesses using central bank digital currency (CBDC), or traditional money but in digital form being developed by monetary authorities around the world.
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Saudi wealth fund to invest $1.49 billion in India's Jio Platforms

Technology News (Reuters) - Thu, 06/18/2020 - 12:37
Saudi Arabia's Public Investment Fund will invest 113.67 billion rupees ($1.49 billion) in Reliance Industries Ltd's Jio Platforms, the Indian oil-to-telecoms conglomerate said on Thursday.
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Italy wants a global agreement on digital tax by end of 2020: Economy Minister

Technology News (Reuters) - Thu, 06/18/2020 - 12:33
Economy Minister Roberto Gualtieri said on Thursday Italy was still committed to a shared global deal on a tax on digital services, after the United States decided to quit global talks on how to tax sector giants.
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U.S.-China tech war bigger risk than coronavirus, EU chamber chief says

Technology News (Reuters) - Thu, 06/18/2020 - 11:55
The coronavirus has disrupted supply chains and demand across the global economy, but it is the prospect of Europe becoming a casualty in the U.S.-China tech war that keeps the president of the European Chamber in China "awake at night".
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Deutsche Post sees Amazon dependence falling as online booms

Technology News (Reuters) - Thu, 06/18/2020 - 11:51
German logistics group Deutsche Post AG said its dependence on Amazon is falling as the coronavirus crisis prompts a big rise in parcel shipments by other customers which it expects to continue in the second half of 2020.
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Online fashion stocks in vogue as coronavirus speeds ecommerce

Technology News (Reuters) - Thu, 06/18/2020 - 11:47
Shares in online fashion retailers Zalando and ASOS jumped on Thursday after the German company said it expects a big increase in second-quarter sales and operating profit as coronavirus lockdowns accelerate a shift to ecommerce.
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Ford to offer hands-free driving in 2021 - six years after Tesla

Technology News (Reuters) - Thu, 06/18/2020 - 11:40
Ford Motor Co said on Thursday that it will offer hands-free driving on its new Mustang Mach-E in fall 2021, six years after Tesla Inc and four years after General Motors Co introduced similar systems.
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EU ready to go it alone on taxation of digital firms

Technology News (Reuters) - Thu, 06/18/2020 - 11:01
The European Union is ready to go it alone with taxing digital services of firms like Google, Amazon, Facebook or Apple if there is no global deal on such a tax this year, European Economic Commissioner Paolo Gentiloni said on Thursday.
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Spain will not accept threats over digital tax - govt spokeswoman

Technology News (Reuters) - Thu, 06/18/2020 - 11:01
Spain and its European allies will not accept any threats over a proposed tax on internet giants' revenues, government spokeswoman Maria Jesus Montero said on Thursday, a day after Washington decided to pull out of talks on the matter.
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