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Updated: 4 years 26 weeks ago

With remote work plan, Facebook dashes hopes of paycheck arbitrage

Fri, 05/22/2020 - 19:19
With Facebook's adoption of permanent remote work on Thursday, Chief Executive Mark Zuckerberg has untethered one of Silicon Valley's biggest companies from the place that incubated it.
Categories: Technology

Brazil telecoms watchdog admits delay in 5G auction, sees broadband usage up

Fri, 05/22/2020 - 18:59
Social distancing measures to curb the coronavirus pandemic are boosting broadband usage by up to 50% in Brazil, but may end up delaying the country's fifth-generation mobile network (5G) auction, the head of the country's telecoms watchdog said on Friday.
Categories: Technology

How South Korea turned an urban planning system into a virus tracking database

Fri, 05/22/2020 - 18:21
When a man in Seoul tested positive for the new coronavirus in May, South Korean authorities were able to confirm his wide-ranging movements in and outside the city in minutes, including five bars and clubs he visited on a recent night out.
Categories: Technology

Smartphone data shows America's cautious comeback

Fri, 05/22/2020 - 17:19
Data from millions of mobile phones shows varying behavior across the United States in May as people responded to the loosening of stay-at-home orders, a Reuters analysis shows.
Categories: Technology

Alibaba's sales surge as people shop online during lockdown

Fri, 05/22/2020 - 16:50
Alibaba Group Holding Ltd on Friday reported forecast-beating fourth-quarter revenues and profits, as more people shopped online for essentials because of the coronavirus lockdowns.
Categories: Technology

NetEase and JD.com set dates for $5 billion Hong Kong listings

Fri, 05/22/2020 - 14:12
Chinese technology company NetEase plans to carry out a secondary listing on the Hong Kong Stock Exchange on June 11, which will be followed one week later by web retailer JD.com , four sources with direct knowledge of the matter said.
Categories: Technology

Pinduoduo beats revenue estimates as online shopping demand soars

Fri, 05/22/2020 - 13:44
China's Pinduoduo Inc beat first-quarter revenue estimates on Friday as more people shopped on its e-commerce platform during coronavirus lockdowns that have shut most brick-and-mortar outlets.
Categories: Technology

U.S. strikes at a Huawei prize: chip juggernaut HiSilicon

Fri, 05/22/2020 - 12:42
The latest U.S. government action against China's Huawei takes direct aim at the company's HiSilicon chip division -- a business that in a few short years has become central to China's ambitions in semiconductor technology but will now lose access to tools that are central to its success.
Categories: Technology

Pinduoduo beats revenue estimates as demand for online shopping soars

Fri, 05/22/2020 - 11:58
China's Pinduoduo Inc beat first-quarter revenue estimates on Friday, as more people shopped at its e-commerce platform during coronavirus lockdowns that shut down most brick-and-mortar shops.
Categories: Technology

Indonesia probes breach of data on more than two million voters

Fri, 05/22/2020 - 10:04
Indonesia's election commission is investigating the release of 2.3 million voters' private information on a hacker website along with a threat to release of the data of about 200 million people, the agency said on Friday.
Categories: Technology

Philippine lawmaker proposes tax targeting tech giants to fund virus fight

Fri, 05/22/2020 - 05:23
A Philippine lawmaker has introduced a bill in parliament aimed at taxing big tech firms such as Facebook, Alphabet's Google and Youtube, Netflix and Spotify, to raise funds to battle the coronavirus.
Categories: Technology

Facebook's Zuckerberg embraces remote work beyond Silicon Valley

Fri, 05/22/2020 - 02:50
Facebook Inc will permanently embrace remote work even after coronavirus lockdowns ease, Chief Executive Mark Zuckerberg said on Thursday, accelerating the tech sector's geographic diversification away from its home in Silicon Valley.
Categories: Technology

Tech firms deploy Bluetooth chips for coronavirus contact tracing in office

Fri, 05/22/2020 - 02:49
Technology companies are developing their own contact tracing systems to help prevent coronavirus outbreaks in their offices as countries begin to ease lockdown measures and a return to the workplace is in the offing.
Categories: Technology

Proxy adviser ISS recommends vote 'against' executive pay at Alphabet

Fri, 05/22/2020 - 02:30
Institutional Shareholder Services (ISS) has recommended shareholders of Google-parent Alphabet Inc to vote "against" the company's proposed executive pay at its annual meet in June, according to a report seen by Reuters on Thursday.
Categories: Technology

SoftBank Group's sale of 5% telco unit stake to raise $2.9 billion

Fri, 05/22/2020 - 01:19
SoftBank Group Corp said on Friday its planned sale of 5% in its domestic telco SoftBank Corp would fetch 310.2 billion yen ($2.9 billion), as part of a programme to raise $41 billion through asset sales.
Categories: Technology

Nvidia forecasts sales above estimates, powered by data center results

Fri, 05/22/2020 - 01:08
Nvidia Corp on Thursday forecast second-quarter revenue above analysts' estimates, as demand surges for its chips used in the data centers that power the shift to working remotely because of the new coronavirus outbreak.
Categories: Technology

Top safety official at Waymo self-driving unit stepping down

Thu, 05/21/2020 - 22:18
Alphabet Inc’s Waymo self-driving unit said on Thursday that its chief safety officer, Debbie Hersman, was stepping down but would remain as a consultant to the company.
Categories: Technology

UK confident COVID-19 tracking system will be place before lockdown eased

Thu, 05/21/2020 - 21:05
Health secretary Matt Hancock said on Thursday he was confident that a COVID-19 track and trace system would be operating by June 1, allowing lockdown rules to be eased without risking a spike in infections.
Categories: Technology

House Republicans press TikTok on use of kids' data, ties to Beijing

Thu, 05/21/2020 - 20:30
Two leading Republicans in the U.S. House of Representatives wrote a letter to the founder of the popular video sharing app TikTok on Thursday, asking about potentially illegal use of data about children and ties to the Chinese government.
Categories: Technology

How big unions smooth the way for Amazon worker protests

Thu, 05/21/2020 - 19:08
Warehouse employees last month staged a walkout in Michigan to demand safer working conditions at their facility. So did workers in New York, Illinois and Minnesota.
Categories: Technology

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