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Reuters TechnologyJun 19, 2018
ZTE shares tank after U.S. Senate puts Trump reprieve in doubt
HONG KONG (Reuters) - Shares of ZTE Corp plummeted on Tuesday after the U.S. Senate's passage of a defense bill set up a potential battle with the White House over whether the Chinese telecoms firm can resume business with its U.S. suppliers.

Reuters TechnologyJun 19, 2018
Exclusive: China's Xiaomi cuts valuation after pulling mainland offering: sources
HONG KONG/SHANGHAI (Reuters/IFR) - Chinese smartphone maker Xiaomi has lowered its likely valuation to between $55 billion and $70 billion following its decision to delay its mainland share offering until after its Hong Kong IPO, three sources with direct knowledge of the matter said.

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China's Xiaomi cuts valuation to $55 billion-$70 billion: sources (Reuters Technology)

Reuters TechnologyJun 19, 2018
Rare Japanese unicorn Mercari closes up 77 percent in market debut
TOKYO (Reuters) - Flea market app operator Mercari Inc's shares surged 77 percent in their Tokyo stock market debut on Tuesday, underscoring strong investor appetite for a rare Japanese unicorn bent on U.S. expansion.

Reuters TechnologyJun 18, 2018
Australian court fines Apple $6.7 million over iPhone 'bricking' case
SYDNEY (Reuters) - An Australian court fined U.S. electronics giant Apple Inc A$9 million ($6.7 million) on Tuesday after a regulator accused it of using a software update to disable iPhones which had cracked screens fixed by third parties.

Reuters TechnologyJun 18, 2018
ZTE plummets after U.S. Senate puts Trump reprieve in doubt
HONG KONG (Reuters) - Shares of ZTE Corp plunged on Tuesday after the U.S. Senate's passage of a defense bill set up a potential battle with the White House over whether the Chinese telecoms firm can resume business with its U.S. suppliers.

RELATED ARTICLES
ZTE shares plunge after Senate bill passage sets up battle with Trump (Reuters Technology)

Reuters TechnologyJun 18, 2018
China's Xiaomi pulls mainland CDR offering until after HK IPO
SHANGHAI/HONG KONG (Reuters) - Chinese smartphone marker Xiaomi will postpone its application for a mainland share offering until after it completes a separate listing in Hong Kong, the firm said on Tuesday, casting a pall on Beijing's drive to lure tech giants back home.

GizmodoJun 18, 2018
The Trump Administration Reportedly Promised Tim Cook There Won't Be Tariffs on iPhones
Apple CEO Tim Cook, whose company took in $17.9 billion in 2017's last quarter from China and has much of its supply chain located there, has been running around trying to slow down a possible US-China trade war threatened by Donald Trump's administration—and while the White House might be largely ignoring his…

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Reuters TechnologyJun 18, 2018
CEO Musk emails staff alleging employee 'sabotage'
SAN FRANCISCO (Reuters) - Tesla Inc Chief Executive Elon Musk said on Monday in an email to staff that an unnamed Tesla employee had conducted "extensive and damaging sabotage" to the company's operations including allegedly making unspecified code changes to its manufacturing operating system and sending what the email said was sensitive Tesla data to unnamed third parties.

Gizmag Emerging TechJun 18, 2018
Amazon under pressure to stop selling facial recognition tech to police


Days after the first shots were fired in a looming UK legal battle questioning law enforcement uses of facial recognition technology, Amazon has been bombarded with a massive petition and several letters demanding it stop providing a similar technology to governments and law enforcement.

.. Continue Reading Amazon under pressure to stop selling facial recognition tech to police

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Amazon Facial Recognition Governments Law Enforcement US government sued over warrantless phone and laptop border searches What is Net Neutrality and is it important? How will the White House hand over the President's


Reuters TechnologyJun 18, 2018
Trump told Apple CEO iPhones will be spared from China tariffs: NYT
(Reuters) - President Donald Trump told Apple Inc Chief Executive Tim Cook that the U.S. government would not levy tariffs on iPhones assembled in China, the New York Times reported on Monday, citing a source familiar with the negotiations.

CNET NewsJun 18, 2018
ACLU wants Amazon to stop offering surveillance technology - CNET
Its message is loud and clear.

GizmodoJun 18, 2018
Amazon Shareholders Call for Jeff Bezos to Stop Selling Facial Recognition to Police
On Friday, 20 groups of Amazon shareholders sent CEO Jeff Bezos a letter pressuring him to stop selling the company's face recognition software to law enforcement, CNN reports. Called Rekognition, the software came under greater scrutiny last month when the ACLU published revealing internal documents related to its…

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Reuters TechnologyJun 18, 2018
Mercari, a rare Japanese unicorn, soars 76 percent in debut
TOKYO (Reuters) - Flea market app operator Mercari Inc's shares surged 76 percent in their Tokyo stock market debut on Tuesday morning, underscoring strong investor appetite for a rare Japanese unicorn.

eWeekJun 18, 2018
Microsoft Snaps Up Flipgrid Video-Based Learning Platform
Microsoft expands its reach into the education technology market by acquiring Flipgrid, a video-based learning platform, and its community.

TechCrunchJun 14, 2018
Purdue's PHADE technology lets cameras ‘talk' to you
It's become almost second nature to accept that cameras everywhere — from streets, to museums and shops — are watching you, but now they may be able to communicate with you, as well. New technology from Purdue University computer science researchers has made this dystopian prospect a reality in a new paper published today. But, […]
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