Technology News (Reuters)

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Updated: 4 hours 46 min ago

Toshiba Memory chief shrugs off price concerns, sticks with IPO plans

5 hours 8 min ago
The chief executive of Toshiba Memory Corp, the world's No. 2 producer of NAND flash memory chips, on Wednesday brushed aside concerns about falling memory chip prices and reaffirmed the company's plan to go public in two to three years.
Categories: Technology

China to invest $15 billion in big data, cloud computing over next five years

5 hours 11 min ago
China's state planner said on Wednesday it has reached an agreement with a major Chinese policy bank to invest 100 billion yuan ($14.60 billion) in big data, cloud computing and smart city projects over the next 5 years.
Categories: Technology

TomTom CFO says Google deal with carmakers could hit orders: ANP

5 hours 35 min ago
Google's deal with carmakers Renault, Nissan and Mitsubishi might limit future orders for digital mapping company TomTom, its chief financial officer told Dutch news agency ANP on Wednesday.
Categories: Technology

China's Alibaba doubles down on chips amid cloud computing push

5 hours 45 min ago
Alibaba Group Holding Ltd will set up a dedicated chip subsidiary and aims to launch its first self-developed AI inference chip in the second half of 2019 that could be used for autonomous driving, smart cities and logistics.
Categories: Technology

SAP, Alibaba team up on cloud services

5 hours 46 min ago
SAP SE , the German business software company, said on Wednesday it was teaming up with Alibaba to offer its flagship products on the Chinese company's cloud infrastructure.
Categories: Technology

AstraZeneca plots China robot offensive to counter price cuts

8 hours 27 min ago
With smart cancer diagnostics, one-stop-shop diabetes kits and AI systems to improve ambulance pick-ups for patients with chest pain, AstraZeneca aims to move from simply supplying drugs to become a broad healthcare provider in China.
Categories: Technology

Amazon launches in Turkey

10 hours 17 min ago
Amazon.com Inc said on Wednesday it had launched activities in Turkey, offering products across 15 categories to customers across the country.
Categories: Technology

U.S. senators seek punishment if China's ZTE violates deal

14 hours 37 min ago
Republican and Democratic U.S. senators introduced a bill on Tuesday that would reimpose sanctions on China's ZTE Corp if it does not fully comply with U.S. laws and an agreement with the Trump administration that ended stiff restrictions on the telecommunications equipment company.
Categories: Technology

Microsoft introduces HoloLens to businesses through Dynamics 365 apps

14 hours 44 min ago
Microsoft Corp announced on Tuesday new AI and mixed-reality applications for its Dynamics 365 online business software, putting to use its augmented-reality goggles HoloLens for businesses.
Categories: Technology

U.S. Justice Department probes Musk statement on taking Tesla private

15 hours 36 min ago
Tesla Inc said on Tuesday the U.S. Department of Justice was investigating Chief Executive Elon Musk's public statements in August that he was considering taking the electric car maker private, the latest and biggest threat to Musk's leadership.
Categories: Technology

Britain's 'Wild West' crypto market should be regulated, say lawmakers

15 hours 55 min ago
Britain's cryptocurrency market resembles the Wild West and should be regulated, lawmakers said on Wednesday, urging the government to bring to heel a sector plagued by volatile price swings, vulnerability to hacking and weak consumer protection.
Categories: Technology

Cryptocurrency exchanges at risk of manipulation: report

Tue, 09/18/2018 - 21:28
Several cryptocurrency exchanges are plagued by poor market surveillance, pervasive conflicts of interest and lack sufficient customer protections, the New York Attorney General's office said in a report published on Tuesday.
Categories: Technology

South African fintech JUMO to expand in Asia with Goldman Sachs backing

Tue, 09/18/2018 - 19:22
South Africa-based financial technology firm JUMO plans to expand in high-growth Asian markets after securing the backing of Goldman Sachs in an equity funding round, the company's chief executive said.
Categories: Technology

Audi launches electric SUV in Tesla's backyard, with assist from Amazon

Tue, 09/18/2018 - 19:13
German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc , and highlighted a deal with Amazon.com Inc to make recharging its forthcoming e-tron models easier.
Categories: Technology

Exclusive: Qualcomm prepares to add new board directors - sources

Tue, 09/18/2018 - 17:50
Qualcomm Inc is preparing to add at least two new directors to its board, people familiar with the matter told Reuters, as the U.S. smartphone chip maker looks to appease shareholders who withheld voting support for its board last March.
Categories: Technology

Apple's new iPhones a slight notch above the X: reviewers

Tue, 09/18/2018 - 17:38
The absence of a striking new feature left major tech blogs and newspapers lukewarm on the new XS range of Apple Inc's iPhones in the first batch of reviews on Tuesday, although most praised the improvements to a wide range of standard features.
Categories: Technology

Ireland collects disputed Apple taxes in full ahead of appeal

Tue, 09/18/2018 - 16:57
Ireland has fully recovered 13.1 billion euros in disputed taxes from Apple Inc plus interest of 1.2 billion which it will hold in an escrow fund pending its appeal against an EU tax ruling, Ireland's finance minister said on Tuesday.
Categories: Technology

EU to scrap lawsuit against Ireland after Apple pays back taxes

Tue, 09/18/2018 - 16:45
EU antitrust regulators plan to drop legal action against Ireland after iPhone maker Apple paid 13.1 billion euros ($15.3 billion) in back taxes following a regulatory order two years ago, the European Commission said on Tuesday.
Categories: Technology

Apple CEO says optimistic on U.S.-China trade talks

Tue, 09/18/2018 - 15:56
Apple Inc Chief Executive Tim Cook, whose products have been spared from new U.S. tariffs imposed on Chinese goods, said on Tuesday he was optimistic that the United States and China will eventually work through their trade differences.
Categories: Technology

Alibaba's Jack Ma says U.S.-China trade friction could last 20 years

Tue, 09/18/2018 - 15:56
Alibaba chairman Jack Ma said on Tuesday that trade frictions between the United States and China could last for two decades and would be "a mess" for all parties involved, citing weak trade rules.
Categories: Technology

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