Reuters Technology News

Apple sets March event date ahead of possible TV service launch

By Stephen Nellis (Reuters) - Apple Inc on Monday invited media to a March 25 event at the Steve Jobs Theater on its campus in Cupertino, California, where it is expected to launch a television and video service. Sources previously told Reuters...

Monday, March 11, 2019, 6:18 PM

Japan's cryptocurrency exchanges need tighter rules: Monex CEO

By Taiga Uranaka and Thomas Wilson TOKYO (Reuters) - Japan's cryptocurrency exchanges should be regulated more like banks as they hold investors' assets while offering trading platforms, the chief executive of online brokerage Monex Group Inc said...

Friday, April 20, 2018, 5:25 AM

Hamburg data protection officer opens non-compliance procedure against Facebook

BERLIN (Reuters) - Hamburg's data protection ombudsman has opened non-compliance procedures against Facebook, which has been accused of abusing its users' data, a spokesman for the representative said. The spokesman for the city's data protection...

Friday, April 20, 2018, 5:00 AM

Alibaba buys Chinese chipmaker to aid IoT biz, help drive local chip sector

By John Ruwitch SHANGHAI (Reuters) - E-commerce titan Alibaba Group Holding Ltd <BABA.N> has bought a Chinese microchip maker to further its cloud-based "internet of things" (IoT) business, underscoring its commitment to the chip industry, an Alibaba...

Friday, April 20, 2018, 3:45 AM

Indonesia demands more answers from Facebook on data misuse

By Cindy Silviana JAKARTA (Reuters) - Indonesia has given Facebook a week to provide more information on how personal data of about one million of its citizens was misused and on the steps the company is taking to prevent such breaches, the country's...

Friday, April 20, 2018, 2:50 AM

PwC had cleared Facebook's privacy practices in leak period

(Reuters) - Facebook Inc's privacy practices were cleared by auditing firm PricewaterhouseCoopers LLP in an assessment completed last year of the period in which data analytics consultancy Cambridge Analytica gained access to the personal data of millions of Facebook...

Friday, April 20, 2018, 2:01 AM

Japanese companies see big things in small-scale industrial robots

By Makiko Yamazaki TOKYO (Reuters) - A two-armed robot in a Japanese factory carefully stacks rice balls in a box, which a worker carries off for shipment to convenience stores. At another food-packaging plant, a robot shakes pepper...

Friday, April 20, 2018, 12:51 AM

JPMorgan, National Bank of Canada, others test debt issuance on blockchain

By Anna Irrera NEW YORK (Reuters) - JPMorgan Chase & Co <JPM.N> has tested a new blockchain platform for issuing financial instruments with the National Bank of Canada and other large firms, they said on Friday, seeking to streamline origination,...

Friday, April 20, 2018, 12:25 AM

TSMC shares slide as revenue estimate cut; other Apple, chip stocks also fall

By Clare Jim TAIPEI (Reuters) - Shares of Taiwan Semiconductor Manufacturing Co Ltd tumbled and other Apple supplier and chip stocks fell after it cut its full-year revenue target on softer demand for smartphones. Also citing uncertainty in the...

Thursday, April 19, 2018, 11:01 PM

China's ZTE slams U.S. ban, says company's survival at risk

By Anne Marie Roantree HONG KONG (Reuters) - China's ZTE Corp <0763.HK> <000063.SZ> said on Friday that a U.S. ban on the sale of parts and software to the company was unfair and threatens its survival, and vowed to safeguard its interests...

Thursday, April 19, 2018, 11:01 PM

Qualcomm cutting 1,500 jobs at its California offices

(Reuters) - Chipmaker Qualcomm Inc <QCOM.O> is cutting 1,500 jobs across multiple divisions at its offices in California, as part of its promise to investors to cut annual costs by $1 billion. The company, which has about 33,800 employees as of Sept.24...

Thursday, April 19, 2018, 7:22 PM

Consumer activists, experts advise against buying ZTE phones

By Jim Finkle (Reuters) - Consumer activists and technology experts are advising consumers to hold off on buying Android handsets from China's ZTE until the company clarifies whether U.S. sanctions against the company prevent it from providing operating...

Thursday, April 19, 2018, 7:22 PM

TSMC's smartphone warning points squarely at Apple: analysts

By Sonam Rai (Reuters) - Shares in Apple Inc <AAPL.O> and its suppliers fell on Thursday after a raft of analysts read a prediction of softer smartphone sales from Taiwan Semiconductor Manufacturing Co Ltd <2330.TW> as driven chiefly by concern...

Thursday, April 19, 2018, 1:16 PM

German lawmakers to grill Facebook manager on data privacy

BERLIN (Reuters) - German lawmakers will question a senior Facebook Inc manager about data privacy in the wake of revelations that the personal information of millions of users wrongly ended up in the hands of political consultancy Cambridge Analytica....

Thursday, April 19, 2018, 1:16 PM

Qualcomm concessions insufficient to clinch NXP deal: commerce ministry

BEIJING (Reuters) - U.S. chipmaker Qualcomm <QCOM.O> will have to do more to complete its proposed takeover of NXP Semiconductors <NXPI.O>, a commerce ministry spokesman said on Thursday. Qualcomm had submitted a remedy plan to resolve...

Thursday, April 19, 2018, 7:06 AM

Alibaba to invest $320 million in Thailand, as rivals boost presence

By Patpicha Tanakasempipat BANGKOK (Reuters) - Alibaba is investing $320 million in Thailand as the e-commerce giant aims to tap Chinese consumers' appetite for the Southeast nation's agricultural goods and for its tourism market amid...

Thursday, April 19, 2018, 6:25 AM

Vivendi's chairman brushes off criticism over investment in Telecom Italia

PARIS (Reuters) - Vivendi's chairman and top investor Vincent Bollore brushed off criticism over the media group's investments in Telecom Italia (TIM) on Thursday. The French media group, which holds a stake of 24 percent in TIM, faces the opposition of...

Thursday, April 19, 2018, 5:25 AM

U.S ban on sales to ZTE triggers patriotic rhetoric in China

By Sijia Jiang HONG KONG (Reuters) - A U.S. ban on sales of American components to ZTE Corp <0763.HK> <000063.SZ> has unleashed a patriotic backlash in China's cyberspace, highlighting the growing tension between the world's two largest economies...

Thursday, April 19, 2018, 3:10 AM

Hedge fund Elliott steps up pressure on Vivendi over Telecom Italia

PARIS, LONDON (Reuters) - Activist investor Elliott Advisors lambasted Vivendi on Thursday after the French media group defended its strategy as the main shareholder of Telecom Italia (TIM). The activist fund has built up a 9 percent stake in TIM and is...

Thursday, April 19, 2018, 2:26 AM

Uber picks VMware's Zane Rowe as CFO: Bloomberg

(Reuters) - Uber Technologies Inc has picked VMware Inc's <VMW.N> Zane Rowe as the top candidate for chief financial officer to lead preparations for the ride-hailing company's initial public offering in 2019, Bloomberg reported on Wednesday. The...

Thursday, April 19, 2018, 1:01 AM