Technology

The Bank of England must tread carefully to avoid financial stability dangers if it creates a digital equivalent to its existing banknotes, Governor Mark Carney said on Thursday.

Beijing-based ByteDance, owner of global short video hit TikTok, on Thursday appointed new heads for its China business and set a goal to nearly double its global headcount to 100,000 by the end of the year.

The Bank of England could face big challenges managing risks to financial and monetary stability if it launches its own digital currency, Governor Mark Carney said on Thursday.

White House officials met Wednesday with U.S. technology industry officials to discuss tech-related response efforts to combat the coronavirus outbreak and ways for government to collaborate with the private sector.

Japan's Sharp Corp said on Wednesday it has filed a patent infringement lawsuit against U.S. TV brand Vizio Inc and two others, seeking an injunction to ban one of Vizio's TV products in the United States.

Florida-based augmented reality startup Magic Leap Inc is exploring options, including a sale, Bloomberg reported on Wednesday, citing people familiar with the matter.

Trump administration officials have postponed for a second time a critical meeting originally set for Wednesday to discuss potential new U.S. restrictions on sales of technology to Huawei and China, people familiar with the matter said.

Senator Lindsey Graham criticized tech companies on Wednesday for opposing a bipartisan bill aimed at curbing child sexual abuse material online and said he would consider a more punitive step if he is unable to get the legislation passed.

Brian Lesser, chief executive of AT&T Inc's advertising unit Xandr, has resigned, a source familiar with the matter said on Wednesday, raising questions about the future of its advanced advertising strategy.

Activist investor Starboard Value LP has nominated a minority slate of directors to eBay Inc's board, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

White House officials met Wednesday with U.S. technology industry officials to discuss tech-related response efforts to combat the coronavirus outbreak and ways for government to collaborate with the private sector.

Uber Technologies Inc on Wednesday said it may temporarily suspend accounts of riders and drivers who have tested positive for the coronavirus or been exposed to it at the direction of health authorities.

SoftBank founder Masayoshi Son took to Twitter on Wednesday to offer a million free coronavirus tests, only to get hit by a barrage of criticism that he risked overwhelming medical facilities, prompting him to say he might reconsider the plan.

AT&T Inc's advertising unit Xandr said Wednesday it is partnering with Walt Disney Co, AMC Networks and sister company WarnerMedia to make it easier for advertisers to buy TV commercials across the networks.

(This March 10 story has been refiled to clarify in paragraph 23 that the Chinese Health Code app is not an Alipay, but a standalone, product.)

ServiceNow Inc on Wednesday said it released a new version of its cloud software with artificial intelligence technology designed to fix practical problems, such as helping users reset forgotten passwords.

Social media app TikTok is launching a content moderation center in a bid to boost transparency, the Chinese company said on Wednesday, as it faces scrutiny from U.S. lawmakers who have accused it of sharing user data with the Chinese government.

A government report published on Wednesday outlines a cyberwar doomsday plan and recommends Washington make sweeping changes to address other cybersecurity challenges facing the country.

Israel's NSO Group is asking a California judge to sanction Facebook Inc for allegedly failing to abide by international law with regards to its lawsuit against the spyware maker.

SoftBank founder Masayoshi Son may not be the most prolific Twitter user, but he has ended a three-year absence on the platform to express concern about the coronavirus outbreak, telling followers that he would "take action."