Technology

Intel Capital invests in Chinese chip companies amid tech tensions

Technology News (Reuters) - Wed, 05/13/2020 - 06:31
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

Technology News (Reuters) - Wed, 05/13/2020 - 05:04
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

Technology News (Reuters) - Wed, 05/13/2020 - 00:53
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.
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Facebook reports spike in takedowns of hate speech, terrorism

Technology News (Reuters) - Wed, 05/13/2020 - 00:47
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.
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Grocery delivery startup Instacart weighs new financing: The Information

Technology News (Reuters) - Tue, 05/12/2020 - 22:06
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.
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Twitter to let some employees to work from home permanently

Technology News (Reuters) - Tue, 05/12/2020 - 22:04
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.
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Brazilian digital wallet PicPay reaches 20 million customers

Technology News (Reuters) - Tue, 05/12/2020 - 21:41
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.
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After surviving wars, pestilence, religions use technology to beat pandemic

Technology News (Reuters) - Tue, 05/12/2020 - 20:44
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

Technology News (Reuters) - Tue, 05/12/2020 - 20:15
Federal Trade Commission Chairman Joseph Simons indicated on Monday that the agency was looking at privacy complaints regarding Zoom Video Communications Inc.
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Logitech sales surge as locked-down families, workers stay connected

Technology News (Reuters) - Tue, 05/12/2020 - 16:28
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.
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Tesla's Musk says ready for arrest as he reopens California plant against local order

Technology News (Reuters) - Tue, 05/12/2020 - 16:22
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.
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Estonia passes 'Huawei law' for telecom security reviews

Technology News (Reuters) - Tue, 05/12/2020 - 16:06
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.
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Nokia to collaborate with Microsoft in data centre software

Technology News (Reuters) - Tue, 05/12/2020 - 14:20
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.
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China's Tesla wannabes risk running out of road in virus-stricken times

Technology News (Reuters) - Tue, 05/12/2020 - 13:08
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

Technology News (Reuters) - Tue, 05/12/2020 - 13:08
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.
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Bang & Olufsen plans share issue to cope with coronavirus crisis

Technology News (Reuters) - Tue, 05/12/2020 - 10:04
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.
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Logitech sales surge as working from home boosts demand

Technology News (Reuters) - Tue, 05/12/2020 - 09:26
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.
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Smartphone shipments in China up 17% in April, signalling likely rebound: government data

Technology News (Reuters) - Tue, 05/12/2020 - 08:37
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.
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Spark New Zealand to manage part of country's 5G allocation

Technology News (Reuters) - Tue, 05/12/2020 - 08:03
Spark New Zealand Ltd said it will manage part of the country's allocation of 5G spectrum as it prepares for a rollout of the mobile technology over the next year.
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Tencent Music misses quarterly revenue estimates, signals better second quarter

Technology News (Reuters) - Tue, 05/12/2020 - 06:45
China's Tencent Music Entertainment narrowly missed market estimates for quarterly revenue on Monday as the COVID-19 crisis hurt the company's social entertainment services business, sending its shares down 4.5% in extended trade overnight.
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