Technology News (Reuters)

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Updated: 4 years 26 weeks ago

Slack shares slump on soft outlook, slower growth

Thu, 03/12/2020 - 23:24
Workplace communication platform Slack Technologies Inc forecast a soft revenue outlook for the first quarter on Thursday, sending its shares down more than 20% aftermarket, on a day major U.S. stock indexes went into a tailspin amid coronavirus fears.
Categories: Technology

Italian antitrust watchdog probes Amazon, eBay over price spikes in virus crisis

Thu, 03/12/2020 - 21:24
Italy's antitrust watchdog said on Thursday it was investigating e-commerce giants Amazon and eBay for an allegedly excessive rise in the price of products such as hand sanitizer during the coronavirus crisis.
Categories: Technology

Trump signs law to prevent U.S. rural telecom carriers from using Huawei network equipment

Thu, 03/12/2020 - 21:17
President Donald Trump signed legislation on Thursday to bar telecom carriers from using U.S. subsidies to purchase network equipment from Huawei Technologies [HWT.UL], ZTE Corp and other companies deemed a national security threat.
Categories: Technology

Verizon raises 2020 capital expenditure in 5G push

Thu, 03/12/2020 - 19:37
Verizon Communications Inc on Thursday raised its full-year capital expenditure as it accelerates its transition to 5G network.
Categories: Technology

French watchdog to fine Apple over anti-competitive behaviour, sources say

Thu, 03/12/2020 - 19:21
France's competition watchdog is set to fine iPhone maker Apple Inc next Monday over anti-competitive behaviour in its distribution and sales network, two sources close to the matter said on Thursday.
Categories: Technology

French watchdog set to fine Apple over anti-competitive behavior: sources

Thu, 03/12/2020 - 18:48
France's competition watchdog is set to fine iPhone maker Apple next Monday over anti-competitive behavior in its distribution and sales network, two sources close to the matter said on Thursday.
Categories: Technology

U.S. senators seek to ban federal employees from using TikTok on their phones

Thu, 03/12/2020 - 18:30
Two Republican senators on Thursday introduced a bill aimed at banning federal employees from using Chinese social media app TikTok on their government-issued phones, amid growing national security concerns around the collection and sharing of data on U.S. users with China's government.
Categories: Technology

Volkswagen plans to tap electric car batteries to compete with power firms

Thu, 03/12/2020 - 18:09
Volkswagen's expansion in electric cars will open up new business opportunities in storing and managing energy, encroaching on business currently dominated by utilities and energy firms, chief strategist Michael Jost said on Thursday.
Categories: Technology

Volkswagen says Tesla has 10-year start in electric cars

Thu, 03/12/2020 - 18:08
United States electric car manufacturer Tesla has a 10-year start on rivals when it comes to building electric cars and software, Thomas Ulbrich, the Volkswagen brand's board member for electromobility said on Thursday.
Categories: Technology

U.S. lawmakers seek to curb Huawei's access to U.S. banks: document

Thu, 03/12/2020 - 18:03
U.S. lawmakers plan to unveil a bill on Thursday that could be used to block Huawei Technologies Ltd from accessing U.S. banks for certain transactions, in a bid to thwart the Chinese telecoms giant amid frustration over the failure of prior sanctions to curb its business.
Categories: Technology

Volkswagen hopes new software will banish accidents by 2050

Thu, 03/12/2020 - 16:59
Volkswagen will launch a new software operating system this year that it hopes will make accidents involving its cars a thing of the past by 2050, the company said on Thursday.
Categories: Technology

SoftBank's Son offers to donate face masks after coronavirus test kit offer slammed

Thu, 03/12/2020 - 14:34
SoftBank founder Masayoshi Son on Thursday tweeted an offer to donate a million free face masks to help fight the coronavirus outbreak a day after twitter users criticized his proposal to give away test kits as an unnecessary burden on clinics and hospitals.
Categories: Technology

Leave it on the doorstep: Deliveroo starts contactless delivery

Thu, 03/12/2020 - 13:29
British food delivery service Deliveroo said it will allow orders to be left outside people's addresses so that the courier does not have to come into contact with the customer, to minimize the risk of spreading coronavirus.
Categories: Technology

Tencent gets green light to publish two Nintendo Switch games in China

Thu, 03/12/2020 - 13:25
China gave tech giant Tencent Holdings the green light on Thursday to publish Nintendo Switch games Super Mario Odyssey and Mario Kart 8 Deluxe, taking the number of games licensed for the console in the world's biggest game market to three.
Categories: Technology

Carney sees big challenges as BoE eyes 'digital banknotes'

Thu, 03/12/2020 - 12:38
The Bank of England must tread carefully to avoid financial stability dangers if it creates a digital equivalent to its existing banknotes, Governor Mark Carney said on Thursday.
Categories: Technology

TikTok owner ByteDance announces China leaders, targets 100,000 global headcount

Thu, 03/12/2020 - 11:55
Beijing-based ByteDance, owner of global short video hit TikTok, on Thursday appointed new heads for its China business and set a goal to nearly double its global headcount to 100,000 by the end of the year.
Categories: Technology

BoE's Carney sees big challenges from central bank digital currency

Thu, 03/12/2020 - 11:37
The Bank of England could face big challenges managing risks to financial and monetary stability if it launches its own digital currency, Governor Mark Carney said on Thursday.
Categories: Technology

White House, tech industry meet to discuss coronavirus response

Thu, 03/12/2020 - 09:13
White House officials met Wednesday with U.S. technology industry officials to discuss tech-related response efforts to combat the coronavirus outbreak and ways for government to collaborate with the private sector.
Categories: Technology

Japan's Sharp files patent infringement lawsuit against U.S. TV brand Vizio

Thu, 03/12/2020 - 03:08
Japan's Sharp Corp said on Wednesday it has filed a patent infringement lawsuit against U.S. TV brand Vizio Inc and two others, seeking an injunction to ban one of Vizio's TV products in the United States.
Categories: Technology

Augmented reality company Magic Leap to explore sale: Bloomberg

Thu, 03/12/2020 - 00:33
Florida-based augmented reality startup Magic Leap Inc is exploring options, including a sale, Bloomberg reported on Wednesday, citing people familiar with the matter.
Categories: Technology

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