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Updated: 4 years 26 weeks ago

Exclusive: Amazon in talks to buy $2 billion stake in Indian telco Bharti Airtel - sources

Thu, 06/04/2020 - 12:08
Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel , three people with knowledge of the discussions told Reuters, in a move that could turbocharge India's digital economy.
Categories: Technology

GM to work closely with CATL in its China EV push: executive

Thu, 06/04/2020 - 09:53
General Motors will "work very closely" with Chinese electric vehicle battery maker Contemporary Amperex Technology Ltd (CATL) as it ramps up electric production in the world's biggest auto market, a senior executive said.
Categories: Technology

Facebook, PayPal invest in Indonesian super app Gojek

Thu, 06/04/2020 - 07:01
Facebook Inc messaging platform WhatsApp and PayPal Holdings Inc on Wednesday said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm's ongoing fundraising round.
Categories: Technology

ZoomInfo IPO priced at $21 per share in largest tech listing this year

Thu, 06/04/2020 - 06:08
ZoomInfo Technologies Inc priced its initial public offering (IPO) at $21 per share, above its upwardly revised target range, in the largest U.S. technology listing so far this year, the company said early Thursday.
Categories: Technology

Taiwan eyes $1.3 billion in foreign tech investment under new scheme

Thu, 06/04/2020 - 06:03
Taiwan hopes a new programme will attract T$40 billion ($1.34 billion) of research and development investment by foreign tech companies, creating more than 6,300 jobs a year, the government said on Thursday.
Categories: Technology

Amid pandemic, investors bet on India's Jio and its giant-killer playbook

Thu, 06/04/2020 - 04:58
From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani's Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy made more urgent by the coronavirus pandemic.
Categories: Technology

Snapchat removes Trump account from curated promotional section

Thu, 06/04/2020 - 03:01
Snap Inc said it would no longer promote U.S. President Donald Trump's account in Snapchat's Discover section, saying his incendiary comments last week made the account ineligible for the curated section where users explore new content.
Categories: Technology

Amazon is sued over warehouses after New York worker brings coronavirus home, cousin dies

Thu, 06/04/2020 - 02:45
Amazon.com Inc has been sued for allegedly fostering the spread of the coronavirus by mandating unsafe working conditions, causing at least one employee to contract COVID-19, bring it home, and see her cousin die.
Categories: Technology

Australia's EcoGraf inks graphite battery material supply deal with Thyssenkrupp unit

Thu, 06/04/2020 - 02:30
Australian graphite explorer EcoGraf Ltd said on Thursday it had signed an agreement to supply graphite products used in making batteries to a unit of German industrial conglomerate Thyssenkrupp AG, sending its shares more than 32% higher in early trade.
Categories: Technology

Early Facebook staffers denounce Zuckerberg stance on Trump posts

Thu, 06/04/2020 - 01:41
Nearly three dozen former employees from Facebook's early days on Wednesday blasted Chief Executive Mark Zuckerberg's decision not to act against incendiary posts by U.S. President Donald Trump as "cowardly" and a "betrayal" of company ideals.
Categories: Technology

Telus director Stockwell Day steps down after likening racism to childhood bullying

Thu, 06/04/2020 - 00:38
Canadian telecom firm Telus Corp said director Stockwell Day had stepped down from its board a day after the former cabinet minister compared enduring racism to his experience of being teased in school for wearing glasses.
Categories: Technology

UK in 5G talks with suppliers from Japan, South Korea: source

Wed, 06/03/2020 - 23:08
British officials have discussed supplies of 5G networking equipment with companies in South Korea and Japan as part of a bid to develop alternatives to China's Huawei Technologies Co Ltd, a person with knowledge of the matter told Reuters.
Categories: Technology

Snap removes Trump account from curated promotional section

Wed, 06/03/2020 - 22:56
Snap Inc said it would no longer promote U.S. President Donald Trump's account in Snapchat's Discover section, saying his inflammatory comments last week made the account ineligible for the curated section where users explore new content.
Categories: Technology

Uber signals recovery in rides as lockdown restrictions ease

Wed, 06/03/2020 - 21:40
Uber Technologies Inc said on Wednesday trip requests were gradually picking up, but still remained significantly below prior year levels, as several countries start to lift coronavirus-led restrictions.
Categories: Technology

ZoomInfo looks to price IPO above target in 2020's largest tech listing so far: sources

Wed, 06/03/2020 - 20:02
ZoomInfo Technologies Inc is looking to price its initial public offering (IPO) on Wednesday above its upwardly revised target range in what is set to be the largest U.S. technology listing so far this year, people familiar with the matter said
Categories: Technology

Germany bans digital doppelganger passport photos

Wed, 06/03/2020 - 19:46
Germany will outlaw the 'morphing' of passport photos, in which pictures of two people are digitally combined, making it possible to assign multiple identities to a single document.
Categories: Technology

Apple must face U.S. shareholder lawsuit over CEO's iPhone, China comments

Wed, 06/03/2020 - 19:43
A federal judge said Apple Inc must face part of a lawsuit claiming it fraudulently concealed falling demand for iPhones, especially in China, leading to tens of billions of dollars in shareholder losses.
Categories: Technology

Hackers and hucksters reinvigorate 'Anonymous' brand amid protests

Wed, 06/03/2020 - 18:16
The amorphous internet activist movement known as Anonymous staged an online resurgence in the past week on the back of real-world protests against police brutality.
Categories: Technology

Global smartphone shipments to fall 12% this year on virus woes: IDC

Wed, 06/03/2020 - 17:49
Global smartphone shipments will fall nearly 12% to 1.2 billion units in 2020, market research firm IDC said on Wednesday, citing lower consumer spending due to the economic impact of the coronavirus crisis.
Categories: Technology

Israel's Team8 launches VC fund to invest in AI, cybersecurity

Wed, 06/03/2020 - 16:35
Israeli cyber group Team8 said on Wednesday it launched Team8 Capital, a new venture capital fund that will focus on technology investments in data, artificial intelligence (AI) and cybersecurity.
Categories: Technology

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