Technology

U.S.-Israeli cybersecurity firm CyberMDX raises $20 million

Technology News (Reuters) - Tue, 04/07/2020 - 14:08
U.S.-Israeli CyberMDX, a healthcare cybersecurity provider, said on Tuesday it raised $20 million in funding, bringing its fundraising total to $30 million.
Categories: Technology

Germany launches smartwatch app to monitor coronavirus spread

Technology News (Reuters) - Tue, 04/07/2020 - 13:37
Germany's public health authority launched a smartwatch app on Tuesday in partnership with healthtech startup Thryve to help monitor the spread of COVID-19 and analyse whether measures to contain the novel coronavirus pandemic are working.
Categories: Technology

In a first, China knocks U.S. from top spot in global patent race

Technology News (Reuters) - Tue, 04/07/2020 - 13:14
China was the biggest source of applications for international patents in the world last year, pushing the United States out of the top spot it has held since the global system was set up more than 40 years ago, the U.N. patent agency said on Tuesday.
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Analytics firm Glassbox raises $40 million, brings total raised to $70 million

Technology News (Reuters) - Tue, 04/07/2020 - 12:09
Glassbox, which has developed an analytics platform aimed at improving user experiences on web and mobile applications, said on Tuesday it has raised $40 million in a funding round led by Brighton Park Capital.
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Samsung first-quarter beats estimates; chips likely to prop up virus-hit second-quarter

Technology News (Reuters) - Tue, 04/07/2020 - 08:17
Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs.
Categories: Technology

Samsung Electronics beats first-quarter estimates, braces for bigger blow from coronavirus

Technology News (Reuters) - Tue, 04/07/2020 - 03:05
Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs.
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Facebook asks users about coronavirus symptoms, releases friendship data to researchers

Technology News (Reuters) - Tue, 04/07/2020 - 01:46
Facebook Inc said on Monday it would start surveying some U.S. users about their health as part of a Carnegie Mellon University research project aimed at generating "heat maps" of self-reported coronavirus infections.
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Samsung Electronics says first-quarter profit likely rose 3%, beating estimates

Technology News (Reuters) - Tue, 04/07/2020 - 00:59
Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely rose 3% from a year earlier, slightly beating analysts' forecasts as chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs.
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Roku launches ad-funded streaming channel in 'stay-at-home' Britain

Technology News (Reuters) - Tue, 04/07/2020 - 00:04
Streaming-device maker Roku Inc launched its Roku Channel in Britain on Tuesday, offering free access to more than 10,000 movies, TV episodes and documentaries at a time when the coronavirus is driving demand for stay-at-home entertainment.
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U.S. chipmaking industry pushes back on proposed export rule changes

Technology News (Reuters) - Mon, 04/06/2020 - 22:32
Industry groups are pushing back on proposed changes to U.S. export controls that would impact the sale of certain semiconductors and other technology to China, while highlighting the role chips play in addressing the COVID-19 pandemic.
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Peloton halts live classes as employee tests positive for COVID-19

Technology News (Reuters) - Mon, 04/06/2020 - 19:31
Peloton Interactive Inc said on Monday it would pause live production of its exercise videos at its New York and London studios through April 30 amid the outbreak of the coronavirus.
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Cryptocurrency issuers, exchanges face U.S. class action lawsuits

Technology News (Reuters) - Mon, 04/06/2020 - 19:14
Investors have brought class action lawsuits in federal court against seven cryptocurrency issuers and four exchanges, claiming they sold billions of dollars in unregistered assets in violation of U.S. securities laws.
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IBM taps former Bank of America CTO to oversee cloud business

Technology News (Reuters) - Mon, 04/06/2020 - 16:51
International Business Machines Corp on Monday named former Bank of America Corp top technology executive Howard Boville head of its cloud business, as Arvind Krishna takes over from long-time chief Ginni Rometty.
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EU privacy watchdog calls for pan-European mobile app for virus tracking

Technology News (Reuters) - Mon, 04/06/2020 - 16:25
The European Data Protection Supervisor (EDPS) called on Monday for a pan-European mobile app to track the spread of the new coronavirus instead of the current hodge-podge of apps used in various EU countries which could breach people's privacy rights.
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Uber connects out-of-work U.S. ride-hail drivers to delivery, production jobs

Technology News (Reuters) - Mon, 04/06/2020 - 14:56
Uber Technologies Inc said on Monday its app will list job openings in the delivery, food production and grocery industry that its U.S. drivers can access during a slump in ride-hailing demand due to the coronavirus.
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Finland's Slush cancels November startup event due coronavirus

Technology News (Reuters) - Mon, 04/06/2020 - 14:18
Finland's largest tech event Slush, which was scheduled for November 2020, said on Monday it has decided to cancel the conference due to the spread of the new coronavirus.
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Apple supplier Foxconn's sales down 7.7% in March

Technology News (Reuters) - Mon, 04/06/2020 - 13:20
Sales at Taiwan's Hon Hai Precision Industry, a key supplier of Apple Inc's products known by its trade name Foxconn, were down by 7.7% in March.
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Tesla engineers show ventilator prototype on YouTube

Technology News (Reuters) - Mon, 04/06/2020 - 11:22
Engineers at Tesla Inc showed a prototype for a ventilator on Sunday evening in a video published on the company's YouTube channel, as hospitals around the country overwhelmed by coronavirus patients face device shortages.
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Solid chip sales unlikely to cushion Samsung's virus-hit first quarter profit

Technology News (Reuters) - Mon, 04/06/2020 - 11:20
The coronavirus-driven global shift to working from home is set to have boosted demand for Samsung Electronics' memory chips from laptop makers and data centres, but first-quarter profits are likely to remain flat as the outbreak weakened consumer electronics sales.
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UAE agriculture tech start-up secures $120 million investment commitment

Technology News (Reuters) - Mon, 04/06/2020 - 07:27
United Arab Emirates agriculture technology start-up Pure Harvest Smart Farms has raised $20.6 million in fresh funding and secured commitments for a further $100 million, it said on Monday.
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