Technology

GM CEO: North American plants secure 'quite far into this month'

Technology News (Reuters) - Wed, 03/04/2020 - 18:32
General Motors Co Chief Executive Mary Barra said on Wednesday the automaker's North American vehicle production should be secure from parts shortages caused by the coronavirus outbreak "quite far into this month."
Categories: Technology

GM launches advanced electric batteries to power its EVs

Technology News (Reuters) - Wed, 03/04/2020 - 18:32
U.S. automaker General Motors Co on Wednesday launched Ultium, a battery with higher capacity and fast charging capabilities, to power its upcoming line of electric vehicles.
Categories: Technology

Huawei to build French factory regardless of 5G decision, executive says

Technology News (Reuters) - Wed, 03/04/2020 - 17:20
Huawei will build a factory in France regardless of the government's decision on whether to use its equipment in a new 5G network, an executive at the Chinese telecoms giant said.
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Finland's Nokia enters 5G partnership with Marvell Technology

Technology News (Reuters) - Wed, 03/04/2020 - 16:27
Finland's Nokia Oyj has entered into partnership with Marvell Technology, the companies said on Wednesday, as Nokia seeks to accelerate its so-far sluggish shift to 5G.
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Apple supplier Skyworks cuts forecasts on supply chain hit

Technology News (Reuters) - Wed, 03/04/2020 - 15:35
Skyworks Solutions Inc , which supplies radio chips to Apple Inc's iPhones, cut its quarterly results forecasts on Wednesday, saying the coronavirus had disrupted distribution while stressing its largely Asia-based production facilities had been little affected.
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China vies to run U.N. patent office in bid for fifth leadership

Technology News (Reuters) - Wed, 03/04/2020 - 14:08
A Singaporean candidate is ahead of a Chinese lawyer in a race to head the world patent office as Beijing seeks its fifth U.N. leadership role in a move critics say would give it an unprecedented level of influence over new technologies.
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Permira sells into strength at remote connectivity play TeamViewer

Technology News (Reuters) - Wed, 03/04/2020 - 11:06
Private equity investor Permira took advantage of strength in the shares of TeamViewer, in part driven by an increase in working at home due to the coronavirus epidemic, to sell an 11% stake worth 700 million euros ($781 million).
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India's top court strikes down RBI banking ban on cryptocurrency

Technology News (Reuters) - Wed, 03/04/2020 - 10:53
India's Supreme Court on Wednesday allowed banks to handle cryptocurrency transactions from exchanges and traders, overturning a central bank ban that dealt the thriving industry a major blow.
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Facebook gives WHO free ads in battle with coronavirus misinformation

Technology News (Reuters) - Wed, 03/04/2020 - 09:56
Facebook Inc will provide free advertisements to the World Health Organization (WHO) as it seeks to ensure users are not misinformed about the virus, its risks and how to react to it, Chief Executive Officer Mark Zuckerberg said on Tuesday.
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WhatsApp takes step toward winning spyware lawsuit after Israeli company no-show

Technology News (Reuters) - Wed, 03/04/2020 - 06:41
WhatsApp has taken a step toward winning its widely publicized lawsuit against the NSO Group after the Israeli spyware merchant failed to show up in court, according to a notice of default entered Monday in California.
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Amazon confirms first coronavirus case among U.S. employees

Technology News (Reuters) - Wed, 03/04/2020 - 04:23
Online retailer Amazon.com Inc said on Tuesday an employee in the United States tested positive for the coronavirus.
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U.S. senators want Britain to reconsider using Huawei equipment

Technology News (Reuters) - Wed, 03/04/2020 - 03:49
Twenty Republican and Democratic U.S. senators came together on Tuesday to urge British lawmakers to reconsider their government's decision to allow China's Huawei [HWT.UL] to be among the suppliers for the country's 5G mobile telephone network, the latest salvo in U.S. opposition to the plan.
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Chinese cybersecurity company accuses CIA of 11-year-long hacking campaign

Technology News (Reuters) - Wed, 03/04/2020 - 03:44
Chinese anti virus firm Qihoo 360 said CIA hackers have spent more than a decade breaking into the Chinese airline industry and other targets, a blunt allegation of American espionage from a Beijing-based firm.
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E-commerce firm Peixe in talks to buy electric scooter startup Grow: sources

Technology News (Reuters) - Wed, 03/04/2020 - 03:19
Latin American e-commerce company Peixe is in advanced talks to acquire electric scooter firm Grow Mobility, four people with knowledge of the matter said on Tuesday, potentially the latest deal in a crowded sector where profitability remains an elusive goal.
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Exclusive: SoftBank-backed CloudMinds blocked from exporting U.S. tech to China

Technology News (Reuters) - Wed, 03/04/2020 - 03:10
SoftBank-backed startup CloudMinds has been blocked from sharing U.S.-origin technology with its China business, documents showed, illustrating how increased U.S. government restrictions are creating new headaches for tech firms and their investors.
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SoftBank CEO hosts 'pre-IPO summit' in New York as he courts investors

Technology News (Reuters) - Wed, 03/04/2020 - 01:08
SoftBank Group Corp Chief Executive Masayoshi Son held his first "pre-IPO summit" for the Japanese conglomerate's portfolio companies on Tuesday, introducing them to Wall Street investors who could be backing their stock market debuts.
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GM to tout its electric vehicles to investors swooning over Tesla

Technology News (Reuters) - Wed, 03/04/2020 - 01:06
General Motors Co executives on Wednesday will tackle one of their toughest tasks: Persuading investors that a Detroit automaker can catch up with Elon Musk and Tesla Inc as vehicles go electric.
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Super Tuesday voting so far free of cyber meddling, U.S. officials say

Technology News (Reuters) - Wed, 03/04/2020 - 00:49
The Super Tuesday primary elections were so far free of any signs of interference, said national security professionals who gathered in Northern Virginia in an unprecedented monitoring effort to counter cyberattacks and foreign disinformation.
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Facebook to revamp its digital currency plans: The Information

Technology News (Reuters) - Wed, 03/04/2020 - 00:41
Facebook Inc will revamp its plans for digital currencies amid regulatory scrutiny, The Information reported on Tuesday.
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Hewlett Packard Enterprise cuts cash flow outlook on coronavirus impact, shares down

Technology News (Reuters) - Wed, 03/04/2020 - 00:00
Hewlett Packard Enterprise on Tuesday cut its free cash flow forecast for the year citing supply constraints due to the coronavirus outbreak, and reported a lower-than-expected quarterly revenue.
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