NEWS: REUTERS TECHNOLOGY
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Reuters Technology
Jun 18, 2020

Facebook takes down Trump ads over 'organized hate' policy
Facebook Inc said on Thursday it took down posts and ads run by the re-election campaign of U.S. President Donald Trump for violating its policy against organized hate.

Reuters Technology
Jun 18, 2020

Semiconductor manufacturers reach deal to supply U.S. defense chips
Globalfoundries and SkyWater Technology have reached a deal to supply semiconductor chips to the U.S. defense industry and work on new technology, the companies said on Thursday, as the industry moves toward more U.S. manufacturing.

Reuters Technology
Jun 18, 2020

UK ditches homegrown COVID-19 tracing app to use Google-Apple model
Britain will switch to the Apple and Google model for its COVID-19 test-and-trace app, ditching an attempt to develop an app by itself after the homegrown system did not work well enough on Apple's iPhone, the government said on Thursday.

Reuters Technology
Jun 18, 2020

Robinhood trading app back online after major outage
Robinhood Markets Inc, the fintech startup credited with helping popularize trading with millennials, said on Thursday it resolved an issue that had caused a "major outage" on its platform earlier in the day.

Reuters Technology
Jun 18, 2020

U.S. House panel hears from Facebook, Google, Twitter on election security
Top officials from Facebook Inc , Alphabet Inc's Google and Twitter Inc appeared remotely before U.S. lawmakers on Thursday at a virtual hearing on foreign influence and election security.

Reuters Technology
Jun 18, 2020

France's top court rejects core of law targeting online hate speech
France's top court rejected most of a draft law that would have compelled social media giants such as Facebook and Twitter to remove any hateful content within 24 hours, it said on Thursday.

Reuters Technology
Jun 18, 2020

Robinhood trading app experiences trading outage
Robinhood Markets Inc, the fintech startup credited with helping popularize trading with millennials, said on Thursday it was experiencing a "major outage" in equities and options trading, as well as "degraded performance" in cryptocurrency trading.

Reuters Technology
Jun 18, 2020

No date for release of test-and-trace app in UK, minister says
Britain's health minister declined on Thursday to set a date for when a smartphone app to help trace people who have been in contact with a person infected with the new coronavirus would be rolled out.

Reuters Technology
Jun 18, 2020

Facebook sues individuals for offering to extract data, gather likes
Facebook Inc said on Thursday it filed lawsuits against individuals in Europe and the United States for abusing its platforms to offer automated tools for scraping users' personal data and gathering likes.

Reuters Technology
Jun 18, 2020

Amazon and Valentino file joint lawsuit over shoe counterfeiting
Italian luxury brand Valentino and Internet giant Amazon have filed a joint lawsuit against New York-based Kaitlyn Pan Group for allegedly counterfeiting Valentino shoes and offering them for sale online.

Reuters Technology
Jun 18, 2020

DC superheroes coming to your headphones as Spotify signs podcast deal
Podcasts featuring Batman, Wonder Woman and Superman will soon stream on Spotify as the Swedish music streaming company has signed a deal with AT&T Inc's Warner Bros and DC Entertainment.

Reuters Technology
Jun 18, 2020

UK ditches COVID-19 app model to use Google-Apple system
Britain on Thursday said it would switch to Apple and Google technology for its test-and-trace app, ditching its current system in a U-turn for the troubled programme.

Reuters Technology
Jun 18, 2020

Russia lifts ban on Telegram messaging app after failing to block it
Russia on Thursday lifted a ban on the Telegram messaging app that had failed to stop the widely-used programme operating despite being in force for more than two years.

Reuters Technology
Jun 18, 2020

Germany wants to rescue talks with U.S. on digital services tax
Germany wants to rescue talks with the United States on how to tax big digital firms such as Google , Amazon and Facebook , the finance ministry said on Thursday after Washington pulled out of the negotiations.

Reuters Technology
Jun 18, 2020

Shunning international tax talks could trigger trade war: OECD
Failure to work towards an international deal on taxing big digital companies could trigger a dangerous trade war, the OECD said on Thursday, urging countries to remain engaged in talks after Washington announced it was pulling out of them for now.

Reuters Technology
Jun 18, 2020

Reliance says Saudi's PIF to invest $1.49 billion in Jio
Saudi Arabia's Public Investment Fund (PIF) will buy a 2.32% stake in Reliance Industries' digital unit Jio Platforms for 113.67 billion rupees ($1.49 billion), the Indian conglomerate said on Thursday.

Reuters Technology
Jun 18, 2020

Thai central bank to develop payment system prototype for business using digital currency
Thailand's central bank unveiled on Thursday plans to build a prototype of a payment system for businesses using central bank digital currency (CBDC), or traditional money but in digital form being developed by monetary authorities around the world.

Reuters Technology
Jun 18, 2020

Saudi wealth fund to invest $1.49 billion in India's Jio Platforms
Saudi Arabia's Public Investment Fund will invest 113.67 billion rupees ($1.49 billion) in Reliance Industries Ltd's Jio Platforms, the Indian oil-to-telecoms conglomerate said on Thursday.

Reuters Technology
Jun 18, 2020

Italy wants a global agreement on digital tax by end of 2020: Economy Minister
Economy Minister Roberto Gualtieri said on Thursday Italy was still committed to a shared global deal on a tax on digital services, after the United States decided to quit global talks on how to tax sector giants.

Reuters Technology
Jun 18, 2020

U.S.-China tech war bigger risk than coronavirus, EU chamber chief says
The coronavirus has disrupted supply chains and demand across the global economy, but it is the prospect of Europe becoming a casualty in the U.S.-China tech war that keeps the president of the European Chamber in China "awake at night".

Reuters Technology
Jun 18, 2020

Europe threatens digital taxes without global deal, after U.S. quits talks
France said a U.S. decision to quit global talks on how to tax big digital firms such as Google , Amazon and Facebook was a "provocation" and the European Union said it could impose taxes even if no deal was reached by year-end.

Reuters Technology
Jun 18, 2020

Deutsche Post sees Amazon dependence falling as online booms
German logistics group Deutsche Post AG said its dependence on Amazon is falling as the coronavirus crisis prompts a big rise in parcel shipments by other customers which it expects to continue in the second half of 2020.

Reuters Technology
Jun 18, 2020

Online fashion stocks in vogue as coronavirus speeds ecommerce
Shares in online fashion retailers Zalando and ASOS jumped on Thursday after the German company said it expects a big increase in second-quarter sales and operating profit as coronavirus lockdowns accelerate a shift to ecommerce.

Reuters Technology
Jun 18, 2020

Ford to offer hands-free driving in 2021 - six years after Tesla
Ford Motor Co said on Thursday that it will offer hands-free driving on its new Mustang Mach-E in fall 2021, six years after Tesla Inc and four years after General Motors Co introduced similar systems.

Reuters Technology
Jun 18, 2020

Kenya video-conference platform elbows its way into crowded field
Tiny Kenyan start-up Gumzo is a minnow on the booming teleconferencing scene but its creators hope the platform will help companies spend more of their cash in Africa rather than on foreign technology companies.

Reuters Technology
Jun 18, 2020

Spain will not accept threats over digital tax - govt spokeswoman
Spain and its European allies will not accept any threats over a proposed tax on internet giants' revenues, government spokeswoman Maria Jesus Montero said on Thursday, a day after Washington decided to pull out of talks on the matter.

Reuters Technology
Jun 18, 2020

Facebook to share privacy report to new board committee, FTC
Facebook Inc said on Thursday it would now share the report on its privacy practices to a newly formed committee on its board following its settlement with the U.S. Federal Trade Commission over data privacy probe.

Reuters Technology
Jun 18, 2020

EU ready to go it alone on taxation of digital firms
The European Union is ready to go it alone with taxing digital services of firms like Google, Amazon, Facebook or Apple if there is no global deal on such a tax this year, European Economic Commissioner Paolo Gentiloni said on Thursday.

Reuters Technology
Jun 18, 2020

UK says it still wants global digital tax as U.S. quits talks
Britain will keep pushing for a global solution on taxing international digital companies such as Google and Facebook Inc after the United States left negotiations, a spokesman for the British Treasury said on Thursday.

Reuters Technology
Jun 18, 2020

Alibaba's Ant Group appoints new chief technology officer
Alibaba Group's fintech arm Ant Group, operator of Alipay, has appointed Ni Xingjun as its new chief technology officer, the company said in a statement to Reuters.

Reuters Technology
Jun 18, 2020

Exclusive: Massive spying on users of Google's Chrome shows new security weakness
A newly discovered spyware effort attacked users through 32 million downloads of extensions to Google's market-leading Chrome web browser, researchers at Awake Security told Reuters, highlighting the tech industry's failure to protect browsers as they are used more for email, payroll and other sensitive functions.

Reuters Technology
Jun 17, 2020

Australian regulator says Google's $2.1 billion Fitbit deal could harm competition
Australia's antitrust regulator warned Google's planned $2.1 billion acquisition of fitness tracker maker Fitbit may give it too much of people's data, potentially hurting competition in health and online advertising markets.

Reuters Technology
Jun 17, 2020

Google, Fitbit deal may hamper competition: Australian regulator
Australia's consumer watchdog said on Thursday it had concerns that Alphabet Inc-owned Google's planned $2.1 billion acquisition of fitness tracker company Fitbit may hinder competition in digital advertising and health markets.

Reuters Technology
Jun 17, 2020

U.S. pulled out of stalled talks on digital services taxes: Lighthizer
U.S. Treasury Secretary Steven Mnuchin decided to pull out of negotiations on digital services taxes with European Union officials after they failed to make any progress, U.S. Trade Representative Robert Lighthizer said on Wednesday.

Reuters Technology
Jun 17, 2020

U.S. proposed pause in OECD talks on international taxation: Treasury
The U.S. government proposed a pause in Organization of Economic Co-operation and Development talks about international taxation while governments work to respond to the coronavirus pandemic, a spokeswoman for the U.S. Treasury said.

Reuters Technology
Jun 17, 2020

Trump administration proposes rolling back protections for big tech
The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections big tech platforms like Alphabet's Google and Facebook have had for decades, a senior official said, following through on President Donald Trump's bid to crack down on tech giants.

Reuters Technology
Jun 17, 2020

Google sets 2025 leadership diversity goal, ends 'tailgater' ID checks
Alphabet Inc's Google on Wednesday announced a new hiring goal and security policy to address racial issues at its offices, as protests over police brutality against African Americans have carried into discussions about corporate culture.

Reuters Technology
Jun 17, 2020

Google sets 2025 goal for leadership diversity, curbs on racial profiling
Alphabet Inc's Google on Wednesday announced new goals and policies to address racial issues at its offices, as protests over police brutality against African Americans have carried into discussions about corporate culture.

Reuters Technology
Jun 17, 2020

U.S. government proposes rolling back protections for big tech
The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections big tech platforms like Alphabet's Google and Facebook have had for decades, a senior official said, following through on U.S. President Donald Trump's bid to crack down on tech giants.

Reuters Technology
Jun 17, 2020

Zoom to offer end-to-end encryption for all users, trial to begin in July
Zoom Video Communications Inc is planning to offer all its free and paying users end-to-end encryption for video calls and will launch a trial version in July, the video conferencing provider said on Wednesday.

Reuters Technology
Jun 17, 2020

U.S. Justice Department proposes rolling back protections for big tech
The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections that big tech platforms like Alphabet's Google and Facebook have had for decades, a senior official said, following through on U.S. President Donald Trump's bid to crack down on tech giants.

Reuters Technology
Jun 17, 2020

U.S. pulled out of talks on digital services taxes: Lighthizer
U.S. Treasury Secretary Steven Mnuchin decided to pull out of negotiations on digital services taxes with European Union officials since no headway was being made in those talks, U.S. Trade Representative Robert Lighthizer said on Wednesday.

Reuters Technology
Jun 17, 2020

Twitter tests new voice tweeting feature
Twitter Inc said on Wednesday it is testing a new feature that will allow users to tweet using their voice, capturing up to 140 seconds of audio in a single tweet.

Reuters Technology
Jun 17, 2020

Civil rights groups urge companies to pause ad spending on Facebook
Several U.S. civil rights groups have called upon some of the world's largest companies to pause advertising on Facebook Inc, saying the social network is not doing enough to stop hate speech on its platform.

Reuters Technology
Jun 17, 2020

French watchdog warns against COVID-19 smart surveillance
The use of a new range of surveillance cameras to check adherence to rules in the wake of the novel coronavirus outbreak risks undermining the fabric of democracy, France's data privacy watchdog CNIL said on Wednesday.

Reuters Technology
Jun 17, 2020

Spain to trial coronavirus tracing app on holiday island
Spain will trial a new smartphone app aimed at helping to stop the spread of the novel coronavirus on one of the Canary Islands, authorities said on Wednesday.

Reuters Technology
Jun 17, 2020

U.S. civil rights groups call for pausing ad spending on Facebook
U.S.-based civil rights groups have urged large global corporations to pause advertising on Facebook Inc during July, saying the world's largest social network is not doing enough to stop hate speech on its platform.

Reuters Technology
Jun 17, 2020

Cyber spies use LinkedIn to hack European defence firms
Hackers posed as recruiters working for U.S. defence giants Collins Aerospace and General Dynamics on LinkedIn to break into the networks of military contractors in Europe, cybersecurity researchers said on Wednesday.

Reuters Technology
Jun 17, 2020

Oppo cancels live online phone launch in India amid calls to boycott Chinese goods
China's Oppo cancelled the live online launch of its flagship smartphone in India on Wednesday after a border clash between the two countries that has renewed calls from local Indian trader groups to shun Chinese products.

Reuters Technology
Jun 17, 2020

Factbox: Deals by major suppliers in the race for 5G
Despite coronavirus lockdowns hitting global supply chains and construction projects, telecommunication firms have continued to contract equipment from Chinese technology giant Huawei [HWT.UL], Finland's Nokia and Sweden's Ericsson to build fifth-generation technology (5G) networks, which are expected to power everything from high-speed video transmissions to self-driving cars.

Reuters Technology
Jun 17, 2020

Qualcomm aims to woo robotics developers with new chips, tools
Building robots and drones is messy: Developers must pull together sensors to be the eyes and ears, chips for the brains and motors to make the device move, tying them all together with several kinds of software.

Reuters Technology
Jun 17, 2020

Workplace search startup Onna gets $27 million in venture funding
Search startup Onna Technologies Inc, which helps companies find information buried within emails, chats and storage services, announced on Wednesday $27 million in new funding from venture capital firm Atomico and past investors such as Slack Technologies Inc .

Reuters Technology
Jun 17, 2020

Nomura and partners launch digital asset custodian Komainu
Japanese bank Nomura Holdings Inc and cryptocurrency partners Ledger and CoinShares launched Komainu, a custodian to safeguard digital assets for financial institutions, on Wednesday.

Reuters Technology
Jun 17, 2020

U.S. Justice Department to propose rolling back protections for big tech
The U.S. Justice Department is preparing to proposes legislation as soon as Wednesday to try to remove protections that big tech platforms like Alphabet's Google and Facebook have had for decades, a department official said on Wednesday, speaking on condition of anonymity.

Reuters Technology
Jun 17, 2020

Pepper spray and scuffles as bargain hunters crowd Lidl launch in France
French police pushed back several hundred people jostling to get their hands on cut-price PlayStation 4s at the launch of a new Lidl supermarket outside Paris on Wednesday.

Reuters Technology
Jun 17, 2020

Google releases new ad features to help small businesses
Alphabet Inc's Google on Wednesday introduced new advertising features intended to help local businesses get more customers and recover from the coronavirus pandemic.

Reuters Technology
Jun 17, 2020

Special delivery: activists urge France to rein in Amazon
Environmental campaigners delivered a 12-foot (3.6-metre) tall mock-up of an Amazon parcel to the French finance ministry on Wednesday to demand that the government rein in the e-commerce giant's expansion in France.

Reuters Technology
Jun 17, 2020

New U.S. Huawei rule targets standards, security concerns remain: Ross
A new U.S. rule regarding China's Huawei Technologies Co Ltd is a needed "clarification" to help develop standards, U.S. Commerce Secretary Wilbur Ross said on Wednesday, adding that security concerns remain over the telecoms equipment maker.

Reuters Technology
Jun 17, 2020

Website platform Contentful raises $80 million from investors
Contentful, a startup based in Berlin and San Francisco, said on Wednesday it had raised $80 million from investors led by Sapphire Ventures to scale up its content management systems for commercial websites.

Reuters Technology
Jun 17, 2020

Coronavirus turmoil fuels the rise of AI-powered companies
For the past seven years, a Munich-based firm called riskmethods has tried to interest companies in buying software that allows them to track all their suppliers in a way that minimizes risks in operating globally spread supply chains.

Reuters Technology
Jun 17, 2020

U.S.-Israeli fintech firm Pagaya raises $102 million in funds
U.S.-Israeli Pagaya, which uses artificial intelligence (AI) to manage institutional money, said on Wednesday it raised $102 million in a private funding round led by Singapore sovereign wealth fund GIC [GIC.UL].

Reuters Technology
Jun 17, 2020

German coronavirus tracing app downloaded 6.5 million times
Germany's smartphone app to help trace coronavirus infections has been downloaded 6.5 million times in the first 24 hours since its launch, the chief executive of software company SAP said on Wednesday.

Reuters Technology
Jun 16, 2020

Facebook closes political ads loophole ahead of U.S. presidential election
Facebook Inc said on Tuesday it would affix labels to political ads shared by users on their own feeds, closing what critics have said for years was a glaring loophole in the company's election transparency measures.

Reuters Technology
Jun 16, 2020

Qualcomm pushes 5G tech into chips for cheaper phones
Qualcomm Inc on Tuesday said it is putting 5G technology into chips for smartphones that will sell for as little as $300 and that will come to market in the second half of this year.

Reuters Technology
Jun 16, 2020

Facebook removes hundreds more accounts as right-wing violence spreads
Facebook on Tuesday removed almost 900 accounts associated with the far-right Proud Boys and American Guard, including those belonging to Proud Boys supporters who marched into a protest zone in Seattle Monday and confronted anti-racist demonstrators.

Reuters Technology
Jun 16, 2020

Brazil 5G tender cannot be swayed by debates over China, says house speaker
A fifth-generation (5G) telecoms tender in Brazil should not be contaminated by ideological battles with China and more competition will lead to better prices for consumers, the head of the lower house said on Tuesday.

Reuters Technology
Jun 16, 2020

House panel to hold election-security hearing with Facebook, Google, Twitter
Top officials from Facebook Inc, Alphabet Inc's Google and Twitter Inc will appear before U.S. lawmakers on Thursday at a hearing on foreign influence and election security, the House of Representatives Intelligence Committee announced on Tuesday.

Reuters Technology
Jun 16, 2020

Organiser of Europe's largest tech event says it will go ahead in November
Europe's biggest technology conference, the Web Summit, will take place in Lisbon in November as planned, its organiser said on Tuesday.

Reuters Technology
Jun 16, 2020

Comcast's SKY launches broadband offering in Italy
Italy's top pay-TV operator SKY said on Tuesday it was providing a wider range of services to households as it added a broadband connection in its offering of movies, sport and other content, to boost revenues in the crowded telecoms market.

Reuters Technology
Jun 16, 2020

U.S. posts rule allowing U.S. companies to work with Huawei on 5G and other standards
The U.S. Department of Commerce on Tuesday posted a new rule that allows U.S. companies to work with China's Huawei to develop standards for 5G and other cutting-edge technologies, despite restrictions on doing business with the telecommunications equipment maker.

Reuters Technology
Jun 16, 2020

France's COVID tracing app hard to link to others, EU official says
A coronavirus contact tracing app being introduced in France may not be able to connect with others across the European Union because it stores data centrally, EU Commission vice-president Margrethe Vestager said on Tuesday.

Reuters Technology
Jun 16, 2020

India investment body backs incentives for $706 million Samsung display plant: letter
Samsung Electronics should get tax and other incentives from India's northern state of Uttar Pradesh as the South Korean company looks to invest some 53.67 billion rupees ($705.75 million) in a smartphone display manufacturing plant in the state, India's lead investment promotion body said in a letter.

Reuters Technology
Jun 16, 2020

Chipmaker MaxLinear hit by 'Maze' ransomware attack
Radio-frequency chip maker MaxLinear Inc said on Tuesday it was hit by a cyber attack, with a hacker releasing some proprietary information about the company online.

Reuters Technology
Jun 16, 2020

Telus pressed to remove Huawei gear from 4G network in Canada's capital: Globe and Mail
Canadian telecom operator Telus Corp is being pressed by authorities to remove Huawei gear from its 4G infrastructure in the national capital region, the Globe and Mail reported on Tuesday, citing sources.

Reuters Technology
Jun 16, 2020

EU antitrust regulators set July 20 deadline for Google, Fitbit deal
EU antitrust regulators will decide by July 20 whether to clear Alphabet Inc-owned Google's $2.1 billion bid for fitness trackers company Fitbit, a deal that has prompted concerns from consumer groups and privacy advocates.

Reuters Technology
Jun 16, 2020

Amazon to use AI tech in its warehouses to enforce social distancing
Amazon.com Inc on Tuesday launched an artificial intelligence-based tracking system to enforce social distancing at its offices and warehouses to help reduce any risk of contracting the new coronavirus among its workers.

Reuters Technology
Jun 16, 2020

U.S.-Israel cybersecurity firm Salt Security raises $20 million
U.S.-Israel cybersecurity startup Salt Security said on Tuesday it raised $20 million in a funding round led by venture capital firm Tenaya Capital.

Reuters Technology
Jun 16, 2020

Carrefour, Google to launch voice grocery shopping service in France
Carrefour and Google said on Tuesday they were launching a voice-based grocery shopping service in France as part of the French retailer's ambition to accelerate its expansion into food e-commerce.

Reuters Technology
Jun 16, 2020

Germany launches coronavirus app as EU eyes travel revival
Germany appealed to the public on Tuesday to download a new smartphone app to help break the chain of coronavirus infections, one of several such apps that European governments hope will revive travel and tourism safely.

Reuters Technology
Jun 16, 2020

Apple's App Store, Apple Pay targeted by EU antitrust regulators
Apple on Tuesday found itself the target of two EU antitrust investigations into its App Store and Apple Pay as the bloc turned up the heat on online gatekeepers over alleged anti-competitive business practices aimed at blocking rivals.

Reuters Technology
Jun 16, 2020

Amazon launches tech to maintain social distancing at its facilites
Amazon.com Inc said on Tuesday it launched a technology-aided system in some of its facilities to maintain social distancing, called 'Distance Assistant'.

Reuters Technology
Jun 16, 2020

EU antitrust regulators to investigate Apple's App Store, Apple Pay
Apple on Tuesday found itself the target of two EU antitrust investigations into its App Store and Apple Pay as regulators said its terms and conditions and restrictions may violate the bloc's competition rules.

Reuters Technology
Jun 16, 2020

Apple says disappointed with EU antitrust investigations
Apple on Tuesday accused a few companies of filing groundless complaints and criticised EU antitrust regulators for listening to them and opening two investigations into its Apple Pay and App Store.

Reuters Technology
Jun 16, 2020

EU member states agree specs for coronavirus app interoperability
European Union member states have agreed technical standards for interoperability between smartphone apps that track the risk of coronavirus infections, a step that could help revive travel and tourism, the bloc's Commission said on Tuesday.

Reuters Technology
Jun 16, 2020

Indonesia says U.S. not investigating VAT on digital services
Indonesia's plan to impose 10% value-added tax (VAT) on digital services offered by technology giants is not the subject of a trade investigation by the United States, Indonesia's finance minister Sri Mulyani Indrawati said on Tuesday.

Reuters Technology
Jun 16, 2020

German coronavirus smartphone tracing app goes live
Germany sought to mobilize the public on Tuesday to download a new smartphone app that seeks to help break the chain of coronavirus infections, one of several such apps in Europe that governments hope will revive travel and tourism.

Reuters Technology
Jun 16, 2020

Exclusive: Tencent aims to become biggest shareholder of video streaming rival iQIYI - sources
Tencent Holdings Ltd aims to become the biggest shareholder in video streaming rival iQIYI Inc , said two people familiar with the matter, to lower costs and counter competition in a sector boosted by stay-at-home virus policies.

Reuters Technology
Jun 16, 2020

Social media companies distrusted by most Americans on content decisions: Poll
Most Americans do not trust social media companies to make the right decisions about what should be allowed on their platforms, but trust the government even less to make those choices, according to a poll released on Tuesday by Gallup and the Knight Foundation.

Reuters Technology
Jun 16, 2020

Adyen adds Amazon Pay to its offering
Dutch-based online payments firm Adyen on Tuesday said it had added Amazon Pay to its range of payment options available for customers.

Reuters Technology
Jun 16, 2020

SoftBank-backed ride-hailing firm Grab cuts staff to cope with virus impact
Southeast Asian ride-hailing and payments firm Grab said on Tuesday it will lay off more than 300 employees due to the impact of novel coronavirus, in the latest setback to major backer SoftBank Group Corp .

Reuters Technology
Jun 16, 2020

SoftBank-backed ride-hailing firm Grab set to announce layoffs: sources
Southeast Asian ride-hailing and payments firm Grab is set to announce layoffs on Tuesday, sources told Reuters.

Reuters Technology
Jun 15, 2020

FCC chair calls T-Mobile U.S. network outage 'unacceptable', vows probe
The Federal Communications Commission (FCC) will probe an extensive T-Mobile network outage that impacted customers across the United States, the head of the U.S. telecommunications regulatory agency said on Monday.

Reuters Technology
Jun 15, 2020

Huawei CFO raises new argument to fight U.S. extradition in Canada court
Huawei Chief Financial Officer Meng Wanzhou is raising a new argument in a Canadian court in a bid to fight extradition to the United States on bank fraud charges, court documents released on Monday showed.

Reuters Technology
Jun 15, 2020

The future of media: more digital and more economic pain, Reuters Institute says
The coronavirus outbreak has prompted a significant increase in news consumption but the economic turmoil is forcing news businesses to accelerate their move to digital, The Reuters Institute for the Study of Journalism said.

Reuters Technology
Jun 15, 2020

U.S. companies can work with Huawei on 5G, other standards: Commerce Department
The United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies doing business with China's Huawei [HWT.UL] to allow them to work together on setting standards for next-generation 5G networks.

Reuters Technology
Jun 15, 2020

U.S. companies can work with Huawei on 5G, other standards: Commerce Dept
The United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies doing business with China's Huawei [HWT.UL] to allow them to work together on setting standards for next-generation 5G networks.

Reuters Technology
Jun 15, 2020

Epic Games nears funding at $17 billion value: Bloomberg News
Epic Games, the creator of the popular video game "Fortnite", is close to raising a $750 million round of funding at a valuation of about $17 billion, Bloomberg News reported on Monday, citing people familiar with the matter.

Reuters Technology
Jun 15, 2020

Apple-backed study sheds light on physical sales through App Store
Apple Inc on Monday released the results of a study that found its App Store spurred $458 billion in sales last year from categories such as retail of physical goods, ride-hailing and advertising from which the iPhone maker takes no commission.

Reuters Technology
Jun 15, 2020

Two former Pinterest policy employees say they faced racism at work
Two former Pinterest employees who left the image-sharing company in late May publicly alleged in tweets on Monday that they had experienced racial discrimination in the workplace.

Reuters Technology
Jun 15, 2020

Exclusive: U.S. companies can work with Huawei on 5G standards - Commerce Department
The United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies doing business with China's Huawei [HWT.UL] to allow them to work together on setting standards for next-generation 5G networks.

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