Technology

Shares of Uber Technologies Inc surged as much as 44% on Thursday after Chief Executive Officer Dara Khosrowshahi said it had plenty of cash on hand to tide over the coronavirus crisis and signaled a recovery in some parts of its business.

Amazon.com Inc has started asking customers to cooperate with a Department of Justice criminal investigation of third-party sellers on its e-commerce marketplace, according to an email seen by Reuters.

The European Commission on Thursday warned Europe's telecoms providers against blocking content providers as they try to ease the strain on their networks caused by house-bound Europeans teleworking or video streaming due to the coronavirus outbreak.

Microsoft Corp's Teams chat and conferencing app gained more than 12 million daily users in one week, a 37.5% jump as more people worked from home during the coronavirus outbreak, the company said on Thursday.

Microsoft Corp said on Thursday that Teams, its chat and conferencing app, reached 32 million users as of March 11 amid a surge in remote work by companies around the world in response to the coronavirus outbreak.

Israel's Quantum Machines, which developed hardware and software for the operation of quantum computers, said on Thursday it has raised $17.5 million in early stage funding.

Activist investor Starboard Value said on Thursday it has nominated four directors to eBay Inc's board and urged the e-commerce firm to look for external candidates for the chief executive officer role.

On Sunday morning, a viral outbreak in the Dutch city of Utrecht infected more than 60 people in less than hour. Unlike the coronavirus, however, the infection happened on WhatsApp.

Some app developers say Alphabet Inc's Google is increasingly pressing them to embed code in their own products that will deepen Google's access to data on consumers, giving the company a leg up on rivals.

Europeans stuck at home because of the coronavirus may not have any sports events to bet on, but they are playing more poker and bingo online to relieve the boredom, online gambling software provider Playtech said on Thursday.

China's Xiaomi had resumed operations for over 80% of its supply chain as of Thursday in the wake of the country's coronavirus outbreak, the company's president said.

As worries over the economic hit from the coronavirus outbreak spread from stocks, oil and bonds to cryptocurrencies late last week, bitcoin crashed to its worst day in seven years. But plummeting prices weren't the only problem for investors.

As people disperse to their homes to work and study because of the coronavirus pandemic, taking their laptops and company data with them, cyber security experts say hackers will follow, seeking to take advantage and infiltrate corporations.

A former prosecutor who ran the sex crimes unit in the Manhattan District Attorney’s office in 1989 sued Netflix on Wednesday for defamation over her portrayal in "When They See Us," claiming the miniseries about the “Central Park Five” fabricated both her statements and actions related to the case.

U.S. startup companies focused on transportation technology could be among the casualties of COVID-19, according to venture investors who say new funding and investment exits are drying up as the economic outlook darkens.

A tiny Indian consumer rights group which has been leading a campaign to make telecoms companies pay billions of dollars due to the state said on Wednesday it would oppose a government proposal to allow repayment over 20 years.

Mobile carriers are sharing data with the health authorities in Italy, Germany and Austria, helping to fight coronavirus by monitoring whether people are complying with curbs on movement while at the same time respecting Europe's privacy laws.

Apple Inc launched an updated version of its MacBook Air on Wednesday, modifying keyboards on its laptop line that have faced criticism for typing-related problems.

Chinese social video app TikTok named the initial members of a U.S.-focused content moderation committee to advise on its policies on Wednesday, as it faces U.S. scrutiny over data-sharing and censorship concerns.

Alphabet Inc's YouTube, Facebook Inc and Twitter Inc warned on Monday that more videos and other content could be erroneously removed for policy violations, as the companies empty offices and rely on automated takedown software during the coronavirus pandemic.