Technology News (Reuters)

Globalfoundries and SkyWater Technology have reached a deal to supply semiconductor chips to the U.S. defense industry and work on new technology, the companies said on Thursday, as the industry moves toward more U.S. manufacturing.

Top officials from Facebook, Google and Twitter were grilled by U.S. lawmakers on Thursday at a virtual hearing on foreign influence and election security ahead of the Nov. 3 presidential contest.

Britain will switch to the Apple and Google model for its COVID-19 test-and-trace app, ditching an attempt to develop an app by itself after the homegrown system did not work well enough on Apple's iPhone, the government said on Thursday.

Robinhood Markets Inc, the fintech startup credited with helping popularize trading with millennials, said on Thursday it resolved an issue that had caused a "major outage" on its platform earlier in the day.

A newly discovered spyware effort attacked users through 32 million downloads of extensions to Google's market-leading Chrome web browser, researchers at Awake Security told Reuters, highlighting the tech industry's failure to protect browsers as they are used more for email, payroll and other sensitive functions.

France's top court rejected most of a draft law that would have compelled social media giants such as Facebook and Twitter to remove any hateful content within 24 hours, it said on Thursday.

Britain's health minister declined on Thursday to set a date for when a smartphone app to help trace people who have been in contact with a person infected with the new coronavirus would be rolled out.

Facebook Inc said on Thursday it filed lawsuits against individuals in Europe and the United States for abusing its platforms to offer automated tools for scraping users' personal data and gathering likes.

Tiny Kenyan start-up Gumzo is a minnow on the booming teleconferencing scene but its creators hope the platform will help companies spend more of their cash in Africa rather than on foreign technology companies.

Italian luxury brand Valentino and Internet giant Amazon have filed a joint lawsuit against New York-based Kaitlyn Pan Group for allegedly counterfeiting Valentino shoes and offering them for sale online.

Britain will switch to Apple and Google technology for its COVID-19 test-and-trace app, ditching its homegrown system which was not working well enough on Apple's iPhone, the government said on Thursday.

Italian luxury brand Valentino and Internet giant Amazon have filed a joint lawsuit against New York-based Kaitlyn Pan Group for allegedly counterfeiting Valentino's shoes and offering them for sale online.

Podcasts featuring Batman, Wonder Woman and Superman will soon stream on Spotify as the Swedish music streaming company has signed a deal with AT&T Inc's Warner Bros and DC Entertainment.

Russia on Thursday lifted a ban on the Telegram messaging app that had failed to stop the widely-used programme operating despite being in force for more than two years.

The European Union said on Thursday it could impose taxes on digital giants such as Google , Amazon and Facebook even without a global agreement by the year-end, after Washington quit talks and stoked fears of a new trade war.

Germany wants to rescue talks with the United States on how to tax big digital firms such as Google , Amazon and Facebook , the finance ministry said on Thursday after Washington pulled out of the negotiations.

Failure to work towards an international deal on taxing big digital companies could trigger a dangerous trade war, the OECD said on Thursday, urging countries to remain engaged in talks after Washington announced it was pulling out of them for now.

Saudi Arabia's Public Investment Fund (PIF) will buy a 2.32% stake in Reliance Industries' digital unit Jio Platforms for 113.67 billion rupees ($1.49 billion), the Indian conglomerate said on Thursday.

Thailand's central bank unveiled on Thursday plans to build a prototype of a payment system for businesses using central bank digital currency (CBDC), or traditional money but in digital form being developed by monetary authorities around the world.

Saudi Arabia's Public Investment Fund will invest 113.67 billion rupees ($1.49 billion) in Reliance Industries Ltd's Jio Platforms, the Indian oil-to-telecoms conglomerate said on Thursday.