Technology

Singtel secures $3 billion in bank credit for subsidiaries

Technology News (Reuters) - Fri, 04/24/2020 - 14:04
Singapore Telecommunications' (Singtel) subsidiaries have secured close to $3 billion in bank credit facilities, it said on Friday.
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Tesla's China-made Model 3 prices rise after EV subsidies cut

Technology News (Reuters) - Fri, 04/24/2020 - 11:20
U.S. electric vehicle maker Tesla Inc's prices for two China-made model 3 variants rose after authorities cut subsidies in the world's biggest auto market.
Categories: Technology

French court to rule on Amazon union spat as vendors struggle

Technology News (Reuters) - Fri, 04/24/2020 - 11:16
A French court will on Friday decide whether to back Amazon's appeal against an order to restrict the goods it can deliver, which led it to close its warehouses in France and left many small firms struggling to ship products.
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Coronavirus clouds Intel outlook, despite short-term bump from PC buying

Technology News (Reuters) - Fri, 04/24/2020 - 10:44
Intel Corp on Thursday forecast second-quarter earnings below Wall Street views as it cited the cost of readying a new PC chip and said it could not make a forecast for the full year because of economic uncertainty caused by the coronavirus pandemic.
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Emirati police deploy smart tech in coronavirus fight

Technology News (Reuters) - Fri, 04/24/2020 - 10:30
Police in the United Arab Emirates are deploying smart helmets that can scan the temperatures of hundreds of people every minute in their effort to combat the new coronavirus.
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Apple says 'no evidence' iPhone mail flaw used against customers

Technology News (Reuters) - Fri, 04/24/2020 - 10:22
Apple Inc said on Thursday it has found "no evidence" a flaw in its email app for iPhones and iPads has been used against customers, and that it believes the flaw does "not pose an immediate risk to our users".
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China: cyber attacks on anti-pandemic institutions should be condemned

Technology News (Reuters) - Fri, 04/24/2020 - 09:38
China said on Friday that cyber attacks against institutions fighting the coronavirus pandemic should be condemned around the world.
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Australian PM says will be illegal for non-health officials to get data from COVID-19 app

Technology News (Reuters) - Fri, 04/24/2020 - 05:54
People other than authorised health officials will be banned by law from accessing data collected in government smartphone software to trace the contacts of people with the coronavirus, Prime Minister Scott Morrison said on Friday.
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Tesla raises China-made Model 3 prices after EV subsidies cut

Technology News (Reuters) - Fri, 04/24/2020 - 04:40
U.S. electric vehicle maker Tesla Inc raised prices for two China-made model 3 variants after authorities cut subsidies in the world's biggest auto market.
Categories: Technology

Facebook gets rid of 'pseudoscience' ad-targeting category

Technology News (Reuters) - Fri, 04/24/2020 - 03:42
Facebook Inc has removed "pseudoscience" as an option for advertisers that want to target audiences, a category available until this week even as the world's largest social media network vowed to curb misinformation about the COVID-19 pandemic.
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Zoom users top 300 mln despite growing ban list, shares hit record

Technology News (Reuters) - Thu, 04/23/2020 - 19:47
Zoom video conferencing app's user base grew by another 50% to 300 million in the last three weeks, as the company fought to quell a backlash around security and safety that has seen a number of governments and firms ban its applications.
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Apple plans to sell Macs with its own chips from 2021: Bloomberg

Technology News (Reuters) - Thu, 04/23/2020 - 19:43
Apple Inc plans to sell Mac computers with its own main processors by next year based on the chip designs currently used in its iPhones and iPads, Bloomberg reported on Thursday.
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Payments fintech AvidXchange raises $128 million to add to funding

Technology News (Reuters) - Thu, 04/23/2020 - 19:19
Business payments processing firm AvidXchange Inc, whose investors include Mastercard Inc and PayPal Holdings Inc co-founder Peter Thiel, said on Thursday it had added an additional $128 million to a $260 million fundraising round it closed in January.
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Dish announces deal with software maker Mavenir for its 5G network

Technology News (Reuters) - Thu, 04/23/2020 - 18:45
Dish Network Corp, which vowed to build a 5G network by 2023 to take on the big three U.S. telecommunications giants, said on Thursday it is working with software company Mavenir to build its next-generation wireless network.
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Bezos, Musk among billionaires gaining net worth in pandemic: report

Technology News (Reuters) - Thu, 04/23/2020 - 17:03
The combined wealth of America's billionaires, including Amazon.com Inc founder Jeff Bezos and Tesla Inc chief Elon Musk, increased nearly 10% during the ongoing COVID-19 pandemic, according to a report published by the Institute for Policy Studies (IPS).
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Expedia to boost liquidity with $3.2 billion capital raise, names new CEO

Technology News (Reuters) - Thu, 04/23/2020 - 16:28
Expedia Group Inc said on Thursday it was raising $3.2 billion in fresh capital to boost its liquidity, in an effort to ride out a coronavirus-driven collapse in travel demand.
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Google to make verification mandatory for all advertisers

Technology News (Reuters) - Thu, 04/23/2020 - 16:26
Alphabet Inc's Google said on Thursday all advertisers would have to complete a verification process before buying ad space on its platform, starting this summer, in a bid to make its ad practices more transparent.
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Vietnam says Facebook should adhere by local laws

Technology News (Reuters) - Thu, 04/23/2020 - 16:06
Companies such as Facebook that operate in Vietnam should abide by local laws and fully implement their tax and social responsibilities in the country, Vietnam's foreign ministry said on Thursday.
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Imagination Tech's Chinese owner plans to re-list chip designer: FT

Technology News (Reuters) - Thu, 04/23/2020 - 15:25
Canyon Bridge, the China-backed owner of Imagination Technologies, plans to re-list the UK-based chip designer in London, New York or Hong Kong, the head of the private equity firm told the Financial Times on Thursday.
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Expedia gets $1.2 billion investment from Silver Lake and Apollo; appoints new CEO

Technology News (Reuters) - Thu, 04/23/2020 - 14:50
Online travel services provider Expedia Group Inc said on Thursday private equity firms Silver Lake Partners and Apollo Global Management Inc would invest about $1.2 billion in the company.
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