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Updated: 4 years 26 weeks ago

Singtel-backed streaming service HOOQ files for liquidation

Fri, 03/27/2020 - 08:01
HOOQ Digital, a video streaming service majority owned by Singapore Telecommunications Ltd, said it was filing for liquidation as it had not been able to grow sufficiently to provide sustainable returns nor cover escalating costs.
Categories: Technology

Olympics delay deals setback to Samsung's plans to win over Japan market

Fri, 03/27/2020 - 07:57
For Samsung Electronics Co Ltd , the 2020 Tokyo Olympics were going to be its springboard to attain a long-held goal - making significant inroads into Japan's lucrative smartphone market where Apple Inc dominates.
Categories: Technology

Tesla to slash on-site staff at Nevada factory by 75% due to virus: county manager

Fri, 03/27/2020 - 06:46
U.S. electric carmaker Tesla Inc plans to slash on-site staff at its Nevada battery plant by around 75% due to the coronavirus pandemic, the local county manager said on Thursday.
Categories: Technology

Tencent to develop cloud game platform with Huawei

Fri, 03/27/2020 - 04:39
China's Tencent Holdings launched a co-innovation lab with Huawei to develop a cloud game platform, the world's biggest game company said in a statement Friday.
Categories: Technology

Facebook appoints Robert Kimmitt as lead independent director

Thu, 03/26/2020 - 21:40
Facebook Inc on Thursday named the U.S. Treasury's former deputy secretary, Robert Kimmitt, to its board as lead independent director, effective immediately.
Categories: Technology

Huawei unveils P40 smartphones online as coronavirus thwarts launch event

Thu, 03/26/2020 - 20:43
China's Huawei Technologies unveiled its new flagship photography-focused P40 smartphones on Wednesday in an online presentation after the coronavirus scuppered the event it had planned.
Categories: Technology

E.ON to link Tesla's German Gigafactory to the grid

Thu, 03/26/2020 - 17:21
(This March 25 story corrects after E.ON says it will not provide energy solutions to Tesla and has not been given 18 months to do it)
Categories: Technology

UK digital banks unable to provide state funds to coronavirus-hit firms

Thu, 03/26/2020 - 16:22
Several of Britain's digital banks are still waiting to hear if they can offer government-backed loans to struggling small businesses damaged by the coronavirus outbreak, days after a multi-billion pound rescue scheme was launched.
Categories: Technology

In Europe, tech battle against coronavirus clashes with privacy culture

Thu, 03/26/2020 - 15:44
Governments across Europe are turning to technology to track the spread of the coronavirus and monitor people under quarantine, an approach that seeks to learn from Asia but is also putting the region's privacy rules to the test.
Categories: Technology

Campaign group urges UK to keep virtual annual meetings temporary

Thu, 03/26/2020 - 13:40
The use of virtual annual meetings by companies during the coronavirus epidemic must not become the norm once restrictions on people's movements are lifted, responsible investment campaign group ShareAction said on Thursday.
Categories: Technology

Austria to postpone 5G frequency auction: RTR

Thu, 03/26/2020 - 11:28
Austria to will postpone its 5G frequency auction due to the coronavirus crisis, telecoms regulator RTR said on Thursday.
Categories: Technology

Coronavirus slows U.S. push to produce electric vehicle minerals

Thu, 03/26/2020 - 06:21
The coronavirus pandemic is hobbling U.S. efforts to produce lithium, rare earths and other materials used in electric vehicles and high-tech equipment, dealing a blow to President Donald Trump's plan to curb Chinese control of the strategic minerals sector.
Categories: Technology

Global smartphone sales fell 14% in February as coronvirus spread: Counterpoint

Thu, 03/26/2020 - 06:02
Global smartphone sales tumbled 14% in February as the coronavirus spread in China and overseas, Counterpoint Research said on Thursday, a likely harbinger of more declines as outbreaks worsen in many parts of the world.
Categories: Technology

Cybersecurity experts come together to fight coronavirus-related hacking

Thu, 03/26/2020 - 02:19
An international group of nearly 400 volunteers with expertise in cybersecurity formed on Wednesday to fight hacking related to the novel coronavirus.
Categories: Technology

Home-bound users fume as video apps do not sync with TVs

Thu, 03/26/2020 - 01:22
Kat Volpe laid out an exercise mat and tried to sync her iPhone with her big screen TV for a fitness class webcast on Instagram last week during New York's coronavirus lockdown.
Categories: Technology

Micron sees revenue above estimates as demand rises for remote-work devices

Wed, 03/25/2020 - 23:42
Chipmaker Micron Technology Inc forecast current-quarter revenue above analysts' estimates on Wednesday and said the shift to work-from-home globally due to the coronavirus outbreak is fueling demand for notebooks and data center services.
Categories: Technology

Tesla to reopen New York plant 'as soon as humanly possible' to make ventilators: Musk

Wed, 03/25/2020 - 23:09
Tesla Inc will reopen its New York factory "as soon as humanly possible" to manufacture ventilators for coronavirus patients, Chief Executive Officer Elon Musk said on Twitter on Wednesday.
Categories: Technology

Computer chip makers seek U.S. permission to work during pandemic

Wed, 03/25/2020 - 22:58
A group representing major U.S. semiconductor companies on Wednesday said it was working with federal officials to make clear to state and local officials overseeing lockdowns that chip companies are essential businesses that should continue operations.
Categories: Technology

Exclusive: Amazon pauses sellers' loan repayments amid coronavirus

Wed, 03/25/2020 - 22:22
Amazon.com Inc on Wednesday said it temporarily would not require sellers in its marketplace to repay loans it had made to them, as merchants confront the prospect of declining sales during the coronavirus pandemic.
Categories: Technology

Coronavirus exposes U.S. Uber, Lyft drivers' lack of safety net

Wed, 03/25/2020 - 22:01
As independent contractors, U.S. ride-hail drivers for Uber and Lyft benefited from soaring trip demand and flexible work hours.
Categories: Technology

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