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Updated: 4 years 26 weeks ago

Britain's Sage feels sales hit from crisis, but hikes dividend

Wed, 05/13/2020 - 10:04
Sage Group's sales to new customers in April were roughly half the level expected as it felt the effects of a sharp economic downturn caused by the coronavirus pandemic.
Categories: Technology

Trump wants California to let automaker Tesla reopen assembly plant

Wed, 05/13/2020 - 05:49
U.S. President Donald Trump on Tuesday urged that Tesla Inc be allowed to reopen its electric vehicle assembly plant in California, joining CEO Elon Musk's bid to defy county officials who have ordered it to remain closed.
Categories: Technology

Intel Capital invests in Chinese chip companies amid tech tensions

Wed, 05/13/2020 - 05:31
Intel Capital, the venture arm of chipmaker Intel Corp , has invested in two Chinese startups in the semiconductor sector, the company announced on Wednesday, as part of its latest batch of deals.
Categories: Technology

Musk, Texas governor talk about potential Tesla move to Lone Star state

Wed, 05/13/2020 - 04:04
Texas Governor Greg Abbott said on Tuesday that he spoke with Elon Musk, the chief executive of Tesla Inc , in recent days about a potential move of the company's electric vehicle assembly plant to the Lone Star state.
Categories: Technology

Colombia to look into TikTok's treatment of children's data

Tue, 05/12/2020 - 23:53
Colombia's commerce regulator said on Tuesday it would look into whether Chinese-owned social media app TikTok complies with laws on the collection and treatment of children's and adolescents' personal data.
Categories: Technology

Facebook reports spike in takedowns of hate speech, terrorism

Tue, 05/12/2020 - 23:47
Facebook Inc on Tuesday reported a sharp increase in the number of posts it removed for promoting violence and hate speech across its apps, which it attributed to technology improvements for automatically identifying text and images.
Categories: Technology

Grocery delivery startup Instacart weighs new financing: The Information

Tue, 05/12/2020 - 21:06
U.S. online grocery delivery company Instacart is in discussions to raise several hundred million dollars from existing and new investors, The Information reported on Tuesday, citing two people with knowledge of the situation.
Categories: Technology

Twitter to let some employees to work from home permanently

Tue, 05/12/2020 - 21:04
Twitter Inc on Tuesday became the first major tech company to allow employees who can work remotely to do so indefinitely, as the coronavirus outbreak forces unprecedented changes in work culture across the world.
Categories: Technology

Brazilian digital wallet PicPay reaches 20 million customers

Tue, 05/12/2020 - 20:41
Brazilian digital wallet PicPay hit 20 million clients in early May, reaching a goal previously expected for December as social isolation measures to combat the coronavirus accelerates the search for digital financial services, an executive said on Tuesday.
Categories: Technology

After surviving wars, pestilence, religions use technology to beat pandemic

Tue, 05/12/2020 - 19:44
Throw a global pandemic at the world's religions, and you get confessions via Skype, virtual seders and recitations of the Koran over Facebook.
Categories: Technology

U.S. FTC indicates it is looking at Zoom privacy woes

Tue, 05/12/2020 - 19:15
Federal Trade Commission Chairman Joseph Simons indicated on Monday that the agency was looking at privacy complaints regarding Zoom Video Communications Inc.
Categories: Technology

Logitech sales surge as locked-down families, workers stay connected

Tue, 05/12/2020 - 15:28
Logitech International reported a big jump in sales of computer products during its fourth quarter on Tuesday as more people worked from home and families turned to technology to keep in touch during the coronavirus crisis.
Categories: Technology

Tesla's Musk says ready for arrest as he reopens California plant against local order

Tue, 05/12/2020 - 15:22
Tesla Inc Chief Executive Elon Musk on Monday said production was resuming at the automaker's sole U.S. vehicle factory, in California, defying an order to stay closed and saying if anyone had to be arrested it should be him.
Categories: Technology

Estonia passes 'Huawei law' for telecom security reviews

Tue, 05/12/2020 - 15:06
Estonia's parliament approved on Tuesday a new Electronics Communications Act to ensure security reviews for telecom gear needed in the development of future networks.
Categories: Technology

Nokia to collaborate with Microsoft in data centre software

Tue, 05/12/2020 - 13:20
Finnish telecom equipment maker Nokia said on Tuesday it would collaborate with Microsoft  in the open source network operating system SONiC, which is used in the data centres of some of the largest cloud-service providers.
Categories: Technology

China's Tesla wannabes risk running out of road in virus-stricken times

Tue, 05/12/2020 - 12:08
Challenged by the arrival of Tesla in China last year, domestic electric vehicle (EV) start-ups were struggling even before the economic shock wrought by the coronavirus, but now for some it has become a battle for survival.
Categories: Technology

Baby monitoring firm Nanit raises $21 million in private funds

Tue, 05/12/2020 - 12:08
Nanit, a U.S.-Israeli maker of baby monitor and sleep tracker devices, said on Tuesday it raised $21 million in a private funding round, bringing its total raised to date to $50 million.
Categories: Technology

Bang & Olufsen plans share issue to cope with coronavirus crisis

Tue, 05/12/2020 - 09:04
TV and stereo maker Bang & Olufsen (B&O) said on Tuesday it planned to raise 400 million crowns ($58 million) via a rights issue, equivalent to half its market value, to survive the coronavirus crisis that has knocked its already weak shares.
Categories: Technology

Logitech sales surge as working from home boosts demand

Tue, 05/12/2020 - 08:26
Logitech International reported a 13.6% rise in quarterly sales on Tuesday as more people used its computer products while working from home due to the coronavirus crisis.
Categories: Technology

Smartphone shipments in China up 17% in April, signalling likely rebound: government data

Tue, 05/12/2020 - 07:37
Smartphone shipments from China's factories to vendors rose 17% in April compared to the same month a year ago, according to government data released on Tuesday.
Categories: Technology

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