Technology

Coronavirus is not impacting ride-hailing demand: Lyft CFO

Technology News (Reuters) - Tue, 03/03/2020 - 21:58
The outbreak of the coronavirus has not impacted consumer demand for ride-hailing services, Lyft's chief financial officer said on Tuesday.
Categories: Technology

Robinhood restores app services after suffering outage again

Technology News (Reuters) - Tue, 03/03/2020 - 21:17
Fintech startup Robinhood Markets Inc said on Tuesday its free stock trading app is up and running again after a second straight day of outages.
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Nokia says will cut up to 148 jobs in Finland this year

Technology News (Reuters) - Tue, 03/03/2020 - 21:09
Finnish network equipment maker Nokia will cut up to 148 jobs in Finland in 2020 excluding its 5G development operations, it said on Tuesday evening.
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Mobile game downloads jump as coronavirus keeps people indoors

Technology News (Reuters) - Tue, 03/03/2020 - 20:47
Millions of Chinese stuck indoors due to fears of the coronavirus epidemic are turning to mobile games to keep themselves occupied.
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Alibaba's AliExpress warns of possible coronavirus delays

Technology News (Reuters) - Tue, 03/03/2020 - 19:56
AliExpress, the global e-commerce platform of Chinese online shopping giant Alibaba, warned customers on Tuesday that there may be some delivery delays due to the coronavirus outbreak.
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Electric cars lack mainstream appeal, Peugeot CEO says

Technology News (Reuters) - Tue, 03/03/2020 - 19:53
Electric cars are only bought by "green addicts" and lack broader appeal needed to reach mainstream consumers, Peugeot Chief Executive Carlos Tavares said on Tuesday.
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Russia's Sberbank partners with China's Huawei on cloud services

Technology News (Reuters) - Tue, 03/03/2020 - 19:35
Sberbank and Chinese technology giant Huawei said on Tuesday they had formed a strategic partnership to provide cloud services for Russian businesses, extending the reach of Russia's largest bank into the country's digital economy.
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Russian court rules in favor of facial recognition over privacy claims

Technology News (Reuters) - Tue, 03/03/2020 - 18:19
A Moscow court ruled on Tuesday that the city's facial recognition system does not violate the privacy of its citizens, a lawyer for one of the plaintiffs told Reuters - a blow to activists who had hoped to ban the technology's use.
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Virus to dent Foxconn's consumer electronics revenue in first-quarter

Technology News (Reuters) - Tue, 03/03/2020 - 17:50
Apple supplier Foxconn warned revenue would drop 15% in businesses including consumer electronics and enterprise products in the first quarter, but that it would recover thereafter as production returns to normal in virus-hit China.
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SoftBank CEO tells U.S. investors he'll be more careful

Technology News (Reuters) - Tue, 03/03/2020 - 16:48
((This March 2 story removes incorrect reference to Sprint as a Vision Fund investment))
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Ampere targets cloud companies with new chip, signs Oracle as customer

Technology News (Reuters) - Tue, 03/03/2020 - 16:06
Data center chip startup Ampere on Tuesday released a new processor that it claims can outpace offerings from Intel Corp and Advanced Micro Devices Inc, and said it has signed Oracle Corp's cloud division as a customer.
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U.S. national security agencies gather to combat potential election interference

Technology News (Reuters) - Tue, 03/03/2020 - 13:53
National security professionals from across the U.S. government will meet on Tuesday in a Northern Virginia office building for an unprecedented monitoring effort to counter cyberattacks and foreign disinformation aimed at Super Tuesday presidential primaries.
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High-fives, hugs, kisses discouraged as U.S. companies respond to growing coronavirus threat

Technology News (Reuters) - Tue, 03/03/2020 - 13:07
As news broke of more cases of coronavirus spreading across the United States, T-Mobile had a novel response to the threat: fewer hugs, kisses or high-fives.
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U.S. charges two Chinese nationals with helping North Korea steal millions in cryptocurrency

Technology News (Reuters) - Tue, 03/03/2020 - 10:37
The U.S. Justice Department charged two Chinese nationals with laundering more than $100 million in cryptocurrency on behalf of North Korea, in court filings that detail Pyongyang's use of hackers to circumvent sanctions.
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Telenor sees modest growth, job cuts as 5G gathers speed

Technology News (Reuters) - Tue, 03/03/2020 - 10:33
Norway's Telenor will see revenue growth of up to 2% annually until 2022, as it cuts costs further, rolls out 5G telecoms networks and increases dividends every year, the company said on Tuesday.
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Amazon adds warehouse network closer to cities to speed up same-day delivery

Technology News (Reuters) - Tue, 03/03/2020 - 10:15
Amazon.com Inc has quietly opened a series of small warehouses closer to big U.S. cities in a move to shave hours off delivery times, the company told Reuters.
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Foxconn to resume normal production in virus-hit China by end of March

Technology News (Reuters) - Tue, 03/03/2020 - 09:41
Apple supplier Foxconn said it would resume normal production in China by the end of the month and that more than half its seasonal workforce in the country had restarted work following the coronavirus outbreak.
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Is it a currency? A commodity? Bitcoin has an identity crisis

Technology News (Reuters) - Tue, 03/03/2020 - 09:07
So bitcoin's a currency, right? Well, yes, it can be used to buy, sell and price goods much like dollars and euros.
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Logitech International expects profit hit from coronavirus

Technology News (Reuters) - Tue, 03/03/2020 - 08:45
Logitech International said on Tuesday supply problems caused by the coronavirus outbreak will dent its full year profit, as it gave its outlook for the next financial year.
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"Sharia fintech": Startups race to tap Indonesia growth by aligning with Islam

Technology News (Reuters) - Tue, 03/03/2020 - 08:25
Like millions of other Indonesians, Gandi Iswara had for years carried a wad of currency notes for dropping into donation boxes after prayers at mosques in suburban Jakarta.
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