Technology

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.
Categories: Technology

Robot designed in China could help save lives on medical frontline

Technology News (Reuters) - Mon, 03/23/2020 - 18:12
Researchers at one of China's top universities have designed a robot they say could help save lives on the frontline during the coronavirus outbreak.
Categories: Technology

Takeaway.com allows some Dutch restaurants a freeze on payments

Technology News (Reuters) - Mon, 03/23/2020 - 17:52
Takeaway.com, Europe's largest online food ordering service, said on Monday it will grant a delay in payments for Dutch restaurants on its platform that have been hurt by fallout from the global coronavirus outbreak.
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SoftBank nears deal to invest in Didi's self-driving unit: The Information

Technology News (Reuters) - Mon, 03/23/2020 - 17:50
Earlier on Monday, SoftBank said it plans to raise as much as $41 billion to buy back shares and reduce debt, in an unprecedented move to restore investor confidence as a financial market rout pummels its shares and its portfolio companies.
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SoftBank plans $41 billion of asset sales to expand buyback and cut debt

Technology News (Reuters) - Mon, 03/23/2020 - 17:10
SoftBank Group Corp plans to raise as much as $41 billion to buy back shares and reduce debt in an unprecedented move to restore investor confidence as a financial market rout pummels its shares and its portfolio companies.
Categories: Technology

Home work triggers demand jump for chips, laptops and network goods

Technology News (Reuters) - Mon, 03/23/2020 - 16:50
With more employees working from home to help slow the spread of the coronavirus, demand is surging for laptops and network peripherals as well as components along the supply chain such as chips, as companies rush to build virtual offices.
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In coronavirus lockdown, Gulf residents urge end to voice-call bans

Technology News (Reuters) - Mon, 03/23/2020 - 15:23
Residents in the United Arab Emirates and other Gulf states are urging telecom firms to further ease restrictions on free internet calls as coronavirus separates families and forces people to work and study from home.
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Box to appoint three new directors under pressure from Starboard

Technology News (Reuters) - Mon, 03/23/2020 - 14:26
Cloud service provider Box Inc said on Monday it would appoint three new directors to its board as part of an agreement with activist investor Starboard Value LP.
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Bought enough toilet paper? Check this online calculator

Technology News (Reuters) - Mon, 03/23/2020 - 13:35
Worried about whether you have enough toilet paper for the coronavirus lockdown? A German website can tell you how long your supply will last.
Categories: Technology

E-commerce companies face disruption as India locks down to curb coronavirus

Technology News (Reuters) - Mon, 03/23/2020 - 13:14
E-commerce and online groceries faced disruption to their warehouse and delivery operations in India on Monday as dozens of cities including New Delhi went into a lockdown to tackle the spread of coronavirus, industry executives said.
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UK in talks with Amazon over delivering coronavirus tests: FT

Technology News (Reuters) - Mon, 03/23/2020 - 13:13
Britain has approached Amazon and other companies about using their services to step up the delivery of coronavirus tests to frontline health workers, the Financial Times reported on Monday.
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Netflix to reduce traffic in Israel by 25% to help ISPs

Technology News (Reuters) - Mon, 03/23/2020 - 12:18
Netflix said on Monday it would reduce network traffic in Israel over the next month following a government request to ease data congestion from people staying home due to the coronavirus.
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Investor group to nominate two directors to GameStop board: sources

Technology News (Reuters) - Mon, 03/23/2020 - 12:15
An investor group plans to nominate two directors to GameStop Corp's 11-member board, less than one year after reaching a cooperation agreement with the videogame retailer, two sources familiar with the matter said.
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Tencent rolls out new health tracking code aimed at China's students

Technology News (Reuters) - Mon, 03/23/2020 - 11:45
Chinese tech giant Tencent Holdings has rolled out a new tracking app aimed at students who are preparing to return to school, the latest tool in the country's coronavirus combat arsenal as the outbreak shows signs of easing.
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Factbox: SoftBank's key assets

Technology News (Reuters) - Mon, 03/23/2020 - 11:19
SoftBank Group Corp plans to raise up to 4.5 trillion yen ($41 billion) by selling or monetizing assets to buy back 2 trillion yen of its shares and reduce debt, it said on Monday.
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Apple scraps curbs on online buyers of iPhones amid virus outbreak

Technology News (Reuters) - Mon, 03/23/2020 - 08:41
Apple has dropped a two-device limit on online purchases of iPhones, a check of its web stores showed on Monday, just days after changing the checkout procedure amid a coronavirus pandemic.
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SoftBank to raise $41 billion to expand share buyback, cut debt

Technology News (Reuters) - Mon, 03/23/2020 - 07:44
SoftBank Group Corp said on Monday it is selling or monetizing up to 4.5 trillion yen ($41 billion) in assets to buy back 2 trillion yen of its shares and reduce debt, sending its stock soaring to its biggest daily gain in nearly 12 years.
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Toyota plans to develop fuel cell truck with Hino unit

Technology News (Reuters) - Mon, 03/23/2020 - 06:30
Japan's Toyota Motor Corp on Monday said it would develop a heavy-duty fuel-cell truck with its subsidiary, Hino Motor Co, as it sees hydrogen technology as a zero-emissions alternative to battery power for large commercial vehicles.
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WeWork board's special committee prepares for fight against SoftBank

Technology News (Reuters) - Mon, 03/23/2020 - 00:16
The special committee of WeWork's board is preparing for a fight against Japan's SoftBank Group Corp saying that SoftBank should complete its tender offer promised to the office sharing company's employees and shareholders.
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U.S. says website offered phony coronavirus vaccines

Technology News (Reuters) - Sun, 03/22/2020 - 23:52
The U.S. Justice Department on Sunday said it cracked down on a website that was fraudulently offering to sell vaccines for warding off the deadly coronavirus.
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