Technology

Facebook eyes multi billion dollar stake in Reliance Jio: FT

Technology News (Reuters) - Tue, 03/24/2020 - 16:59
Facebook Inc is in talks to buy a multi billion dollar stake in Reliance Industries Ltd's telecom unit, the Financial Times reported on Tuesday, citing two people with knowledge of the matter.
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Amazon to stop non-essential sales in India

Technology News (Reuters) - Tue, 03/24/2020 - 16:02
Amazon.com Inc's India unit on Tuesday said it will halt orders for non-essential products in India to prioritize customers' critical needs at a time when much of the country is under lockdown to prevent the spread of coronavirus.
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Some glitches in the UK as Disney+ launches in Europe

Technology News (Reuters) - Tue, 03/24/2020 - 15:58
Some viewers in Britain complained they were struggling to sign up for Disney+ as the video streaming service launched on Tuesday in Europe, where networks have come under huge strain due to the coronavirus pandemic.
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Instagram to remove coronavirus related content from recommendations

Technology News (Reuters) - Tue, 03/24/2020 - 14:13
Facebook Inc's Instagram said on Tuesday it would remove coronavirus-related content and accounts from recommendations and its "explore" option, unless posted by or belonging to credible health organizations.
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Intel suspends share buybacks, warns of likely coronavirus hit

Technology News (Reuters) - Tue, 03/24/2020 - 13:51
Chipmaker Intel Corp said on Tuesday it would suspend its share buybacks and warned that the coronavirus pandemic could have a material impact on its business, even as its factories remain operational.
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Netflix to cut traffic in India by 25% to ease data gridlock

Technology News (Reuters) - Tue, 03/24/2020 - 13:17
Netflix Inc said on Tuesday it would reduce traffic over telecom networks in India by 25% over the next 30 days to ease data congestion as millions stay indoors because of the coronavirus pandemic.
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Russia in digital payments push as it limits banknote circulation

Technology News (Reuters) - Tue, 03/24/2020 - 11:39
Russia has urged consumers and businesses to use digital payments rather than cash in an effort to slow the spread of the coronavirus and told banks to limit rouble notes in circulation.
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China's IT ministry urges faster 5G rollout: government document

Technology News (Reuters) - Tue, 03/24/2020 - 11:33
China's Ministry of Industry and Information Technology (MIIT) published a lengthy document on Tuesday calling on localities to accelerate 5G network buildouts and applications to minimize the impact of the coronavirus.
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British fintech Revolut launches banking app in U.S.

Technology News (Reuters) - Tue, 03/24/2020 - 11:19
British fintech firm Revolut Ltd on Tuesday launched its banking app and debit cards for customers in the United States as it seeks to expand beyond its base in the UK and Europe.
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Ridehailer Gojek sees rise in food delivery across markets due to coronavirus: CEO

Technology News (Reuters) - Tue, 03/24/2020 - 10:27
Indonesian ride-hailer and payments firm Gojek is experiencing a rise in food delivery orders but a fall in rides across Southeast Asia as it readies measures to help merchants and drivers deal with the coronavirus outbreak, co-CEO Andre Soelistyo said on Tuesday.
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Toyota, NTT team up on developing smart city platforms

Technology News (Reuters) - Tue, 03/24/2020 - 07:57
Toyota Motor Corp and Nippon Telegraph and Telephone Corp have agreed to work together on developing smart cities and will invest 200 billion yen ($1.8 billion) in each other to cement the relationship, the two companies said on Tuesday.
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Google asks users about symptoms for Carnegie Mellon coronavirus forecasting effort

Technology News (Reuters) - Tue, 03/24/2020 - 03:25
Alphabet Inc's Google said on Monday that over the last three days it had surveyed some users about their health at the request of Carnegie Mellon University researchers aiming to forecast the spread of coronavirus infections.
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Coronavirus drags car dealers into digital commerce

Technology News (Reuters) - Tue, 03/24/2020 - 00:22
Auto retailers have been slow to embrace e-commerce, but the coronavirus pandemic is changing that.
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Twitter ad sales hit by coronavirus but active users soar

Technology News (Reuters) - Mon, 03/23/2020 - 23:43
Twitter Inc pulled its first-quarter revenue outlook and forecast an operating loss on Monday as the coronavirus outbreak crimped ad sales, but said the pandemic boosted the number of active users on the microblogging platform.
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Facebook lowers video quality in Latin America, following Europe

Technology News (Reuters) - Mon, 03/23/2020 - 23:16
Facebook Inc will lower video streaming quality on its platform and on Instagram in Latin America, replicating measures adopted in Europe, to ease network congestion in a region that is starting to feel the grip of the coronavirus.
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U.S. trade regulators approve tariff exemption for Apple Watches

Technology News (Reuters) - Mon, 03/23/2020 - 23:13
U.S. trade regulators have approved Apple Inc's request to waive tariffs on China-made Apple Watches, the Office of the United States Trade Representative said in a letter dated Friday.
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Uber appoints former Mattel CEO Robert Eckert to board

Technology News (Reuters) - Mon, 03/23/2020 - 22:37
Uber Technologies Inc said on Monday it had appointed consumer industry veteran Robert Eckert to its board as an independent director.
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Coronavirus casts shadow on Twitter ad revenue, but lifts user engagement

Technology News (Reuters) - Mon, 03/23/2020 - 22:08
Twitter Inc on Monday pulled its first-quarter revenue forecast, citing the impact of the coronavirus outbreak on its ad sales, but said the pandemic had boosted user engagement on the microblogging platform.
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Uber urges White House to include gig workers in coronavirus stimulus

Technology News (Reuters) - Mon, 03/23/2020 - 19:53
Uber Technologies Inc's chief executive on Monday called on U.S. President Donald Trump to include independent drivers and delivery workers in the country's planned $1 trillion coronavirus stimulus package and urged U.S. lawmakers to change labor laws in the long term.
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How Alibaba's Freshippo adapted to keep delivering in virus-hit China

Technology News (Reuters) - Mon, 03/23/2020 - 18:25
As people in China retreated indoors in late January to avoid the coronavirus, Alibaba's supermarket chain Freshippo faced a dilemma: online orders for fruit were soaring but supplies were low.
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