Technology

U.S. senator urges criminal probe of Amazon.com 'predatory data practices'

Technology News (Reuters) - Tue, 04/28/2020 - 18:37
Senator Josh Hawley urged the Justice Department on Tuesday to open a criminal probe of Amazon.com Inc, saying the online retailer was building a monopoly using "predatory data practices" on vendors using its platform.
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French contact-tracing app not ready yet, raises liberty issues: PM

Technology News (Reuters) - Tue, 04/28/2020 - 18:32
French lawmakers will be allowed to debate and vote on the government's contact-tracing app once the government is confident it can prevent a resurgence of the coronavirus epidemic, Prime Minister Edouard Philippe said on Tuesday.
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Wirecard shares crash 26% after critical KPMG audit

Technology News (Reuters) - Tue, 04/28/2020 - 16:08
An independent investigation by auditor KPMG into Wirecard found on Tuesday the German payments company did not provide sufficient documentation to address all allegations of accounting irregularities made by the Financial Times.
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Payments processor Checkout.com to join Facebook's Libra Association

Technology News (Reuters) - Tue, 04/28/2020 - 15:17
Global payment service provider Checkout.com said on Tuesday it would join Libra Association, the entity managing the Facebook-led effort to build global digital currency Libra.
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French parliament will not discuss COVID-19 contact-tracing app at Tuesday's debate

Technology News (Reuters) - Tue, 04/28/2020 - 15:13
The French parliament will not discuss government plans for a coronavirus contact-tracing app during Tuesday's debate about the end of the lockdown period, presidential party LREM spokeswoman Aurore Berge said on BFM television.
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Contact-tracing app for COVID-19 could be rolled out in 2-3 weeks - developer

Technology News (Reuters) - Tue, 04/28/2020 - 14:18
A contact-tracing app designed to let people know if they have been in close contact with someone who tested positive for COVID-19 could be rolled out widely in Britain in two to three weeks, a senior official said on Tuesday.
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KPMG audit finds fault with Wirecard, shares slump 19%

Technology News (Reuters) - Tue, 04/28/2020 - 14:16
An independent investigation by auditor KPMG into Wirecard found on Tuesday the German payments company did not provide sufficient documentation to address all allegations of accounting irregularities made by the Financial Times.
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Factbox: Key findings of KPMG audit into Wirecard

Technology News (Reuters) - Tue, 04/28/2020 - 13:52
Auditor KPMG published the results of its independent investigation into Wirecard on Tuesday following allegations by the Financial Times of accounting irregularities at the German payments company.
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Remote work revenue could help Microsoft offset coronavirus impacts, analysts say

Technology News (Reuters) - Tue, 04/28/2020 - 13:18
When Microsoft Corp reports earnings on Wednesday, analysts expect some areas of its business to take a hit from the novel coronavirus pandemic, with lower-than-expected sales in areas like advertising on its LinkedIn social network.
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China discounts, cheaper iPhone to cushion Apple from virus blow to demand

Technology News (Reuters) - Tue, 04/28/2020 - 13:05
Apple Inc's discounts on the iPhone 11 in China and the release of a new low-price SE model have put the company in a better position than rivals to weather a coronavirus-related plunge in global smartphone demand.
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Tesla's Musk nears $750 million options payday ahead of results

Technology News (Reuters) - Tue, 04/28/2020 - 11:03
Tesla Inc Chief Executive Elon Musk is on the cusp of a roughly $750 million payday as the electric carmaker's stock recovers from a slump caused by the coronavirus, which led the company to close its factories and furlough workers.
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Angry Birds maker Rovio lifts profits with lower costs

Technology News (Reuters) - Tue, 04/28/2020 - 09:02
Rovio Entertainment , maker of the 10-year-old "Angry Birds" mobile game series, on Tuesday reported an almost 75% rise in first-quarter profit, helped by lower costs.
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Wirecard says KPMG audit found no suspect accounting

Technology News (Reuters) - Tue, 04/28/2020 - 08:41
German financial services company Wirecard on Tuesday said an independent investigation by auditor KPMG delivered no evidence of suspect balance sheets.
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VodafoneZiggo launches 5G coverage in the Netherlands

Technology News (Reuters) - Tue, 04/28/2020 - 08:20
Dutch telecom provider VodafoneZiggo will make 5G services available in large parts of the Netherlands on Tuesday, making it the first carrier to offer the technology in the country.
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Nokia wins network equipment order from India's Bharti Airtel

Technology News (Reuters) - Tue, 04/28/2020 - 07:53
Nokia Oyj said on Tuesday it has won a multi-year deal with India's third-largest telecom firm Bharti Airtel Ltd[BRTI.NS] to provide equipment and services.
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U.S. wireless firms extend concessions for coronavirus-hit till June 30

Technology News (Reuters) - Tue, 04/28/2020 - 05:09
Major U.S. wireless firms said on Monday they will extend a commitment through June 30 not to cancel service or charge late fees to customers who have been impacted by the coronavirus pandemic.
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Verizon, AT&T, Comcast won't cancel service through June due to coronavirus

Technology News (Reuters) - Mon, 04/27/2020 - 23:54
Verizon Communications Inc and AT&T Inc , the two largest U.S. wireless carriers, as well as cable giant Comcast Corp said on Monday they will extend a commitment through June 30 not to cancel service or charge late fees to customers who have been impacted by the coronavirus pandemic.
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Verizon, Comcast will not cancel service through June due to coronavirus

Technology News (Reuters) - Mon, 04/27/2020 - 22:19
Verizon Communications Inc , the largest U.S. wireless carrier, and cable giant Comcast Corp said on Monday they will extend a commitment through June 30 not to cancel service or charge late fees to customers because of the coronavirus pandemic.
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Amazon extends closure of French warehouses until May 5

Technology News (Reuters) - Mon, 04/27/2020 - 20:50
Amazon said on Monday it would extend the closure of its six warehouses in France to May 5 after a French court rejected the U.S. online retailer's appeal against aruling that restricts what it can deliver during the coronaviruscrisis.
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Tesla drops plan to recall some workers to California plant this week: Bloomberg News

Technology News (Reuters) - Mon, 04/27/2020 - 19:58
Tesla Inc has called off having at least some employees return to its Fremont, California plant this week and plans to bring them back the day after a local shelter-in-place order is scheduled to lift, Bloomberg News reported on Monday.
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