Technology News (Reuters)
Britain clears Takeaway.com's purchase of Just Eat
Britain's competition regulator on Thursday cleared online food delivery company Takeaway.com's takeover of UK rival Just Eat, saying the 6.2 billion pound ($7.7 billion) deal would not reduce competition.
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Takeaway issues shares after watchdog gives Just Eat buy final approval
Europe's largest online food ordering service Just Eat Takeaway.com NV moved quickly to shore up its finances with an overnight share and convertible bond issue, as Britain's competition watchdog gave the company's merger final approval.
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China's Didi sees overseas business off coronavirus low, eyes payment firm deals, new markets: executive
China ride-hailing giant Didi Chuxing is upbeat that business overseas has turned a corner after dropping to a mid-March low amid the coronavirus pandemic, a senior executive said, and is already looking into new markets and payment firm acquisitions.
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U.S. lawmaker says any COVID-19 contact tracing tech should be voluntary and limited
Senator Edward Markey, a Democrat and online privacy advocate, said in a letter released Wednesday that any digital coronavirus contact tracing should be voluntary, transparent and collect only the information needed to identify who might be at risk of contracting the respiratory ailment that has killed more than 45,000 people in the United States.
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Flaw in iPhone, iPads may have allowed hackers to steal data for years
Apple Inc is planning to fix a flaw that a security firm said may have left more than half a billion iPhones vulnerable to hackers.
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Coronavirus dampens Xilinx's current-quarter revenue forecast
Xilinx Inc on Wednesday forecast first-quarter revenue below estimates and refrained from providing an annual outlook, citing the uncertainty caused by the coronavirus outbreak. The pandemic has ripped through the semiconductor industry, with lockdown orders interrupting operations and supply chains, even though many plants were eventually allowed to remain open. Xilinx shares, which closed 5% higher on Wednesday, shed most of those gains in extended trading.
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Facebook bets on India with $5.7 billion Reliance deal
Facebook is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries' digital arm, as it looks to roll out services for India's grocers and small businesses by capitalizing on WhatsApp's extensive reach in the country.
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Google Stadia gains users after giving free access for two months
Google's cloud-based game streaming service, Stadia, has witnessed a surge in users after the tech giant gifted two months of free access to its premium version for gamers sheltering at home to curb the spread of the coronavirus.
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Shopify to offer cash loan advances for small businesses in Canada hit by coronavirus
Shopify Inc said on Monday it would provide cash advances to small businesses in Canada that are struggling due to the impact of the coronavirus outbreak on the global economy.
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Israel suspends cellphone-tracking for coronavirus quarantine enforcement
An Israeli parliamentary oversight committee on Wednesday suspended police use of cellphone data to enforce coronavirus quarantines, with one lawmaker citing privacy concerns.
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Sweden's Ericsson shows its resilience in face of pandemic
Ericsson posted better than expected quarterly earnings on strong demand for 5G network equipment even as the coronavirus wreaked havoc, lifting the Swedish telecoms company's shares 5% in early trade.
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Swiss maintain 5G emission standards amid safety concerns
The Swiss government will keep current safety standards for fifth-generation (5G) mobile frequency emissions, it said on Wednesday, settling a debate that has delayed the rollout of the new technology.
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Facebook invests $5.7 billion in Reliance unit, plans digital services for Indian grocers
Facebook will spend $5.7 billion to take just under 10% of Reliance Industries' digital unit, seeking to roll out services for India's grocers and other small businesses by capitalising upon WhatsApp's extensive reach within the country.
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SoftBank-backed OYO cuts pay of all India employees: internal memo
SoftBank Group-backed OYO Hotels and Homes has cut salaries of all employees in India by 25% for four months starting in April and also put some of its staff on leave without pay, according to an internal memo reviewed by Reuters.
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Chinese e-commerce giants Alibaba, JD offer bookings for COVID-19 tests
Chinese e-commerce giants Alibaba Group Holding Ltd and JD have each launched booking services for COVID-19 tests, the companies announced.
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Vietnam-linked hackers targeted Chinese government over coronavirus response: researchers
Hackers working in support of the Vietnamese government have attempted to break into Chinese state organisations at the centre of Beijing's effort to contain the coronavirus outbreak, U.S. cybersecurity firm FireEye said on Wednesday.
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China allows Samsung Elec staff to enter country for chip factory expansion
China has allowed 200 employees from South Korea's Samsung Electronics Co Ltd to enter the country to work on an expansion of the firm's NAND memory chip factory, the company said on Wednesday.
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Softbank-backed OYO to cut pay of all employees in India: internal memo
Softbank Group-backed OYO Hotels and Homes has cut the salaries of all employees by 25% for four months starting April and also sent some of its people on leave with limited benefits, according to an internal memo seen by Reuters.
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Facebook invests $5.7 billion in Reliance unit to reach small Indian grocers
Facebook will spend $5.7 billion for 10% of Reliance Industries's digital business, as the social media firm looks to leverage its popular WhatsApp messenger to offer digital payment services to small grocers in India.
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Netflix doubles expected signups but warns coronavirus boost may fade
Netflix Inc more than doubled its own projections for new customers as quarantined audiences binged on series such as "Tiger King," but the company predicted a weaker second half of the year if stay-at-home orders to fight the coronavirus are lifted.
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