Technology

LONDON (Reuters) – Technology firms have improved cooperation with the authorities in tackling online militant material but still must act quicker to remove propaganda fuelling a rise in homegrown extremism, acting U.S. Homeland Security Secretary Elaine Duke said on Wednesday. The United States and Britain will push social media firms at a meeting of G7
0 Comments
TAIPEI (Reuters) – Taiwan’s economics ministry said it is “deeply concerned” about the antitrust agency imposing a $775 million fine on Qualcomm Inc (QCOM.O), in a rare public display of disagreement between authorities. Taiwan’s Fair Trade Commission (FTC) fined Qualcomm last week, saying the U.S. chipmaker had abused its monopolistic position by opting against licensing
0 Comments
SAO PAULO (Reuters) – Amazon.com Inc began offering electronics from third-party sellers to Brazilian shoppers on Wednesday, expanding beyond books in the fiercely competitive e-commerce market in Latin America’s largest economy. The long-awaited move will offer televisions, cell phones and laptops from hundreds of independent sellers on Amazon’s website in Brazil without involving the company
0 Comments
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday agreed to resolve a major privacy dispute between the Justice Department and Microsoft Corp (MSFT.O) over whether prosecutors should get access to emails stored on company servers overseas. The justices will hear the Trump administration’s appeal of a lower court’s ruling last year preventing federal prosecutors
0 Comments
(Reuters) – Luxury electric vehicle maker Tesla Inc (TSLA.O) fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday. The dismissals were a result of a company-wide annual review, Tesla said in an emailed statement, without confirming the number of employees leaving the company. “It’s about
0 Comments
NEW YORK (Reuters) – U.S. investors including Digital Currency Group have taken part in a pre-sale of basecoin, a crypto-currency to be created by three Princeton University computer science graduates, Intangible Labs CEO and co-founder Nader Al-Naji said. The other investors in Intangible Labs’ basecoin include Bain Capital Ventures, Andreessen Horowitz, and AngelList CEO Naval
0 Comments
(Reuters) – Qualcomm Inc (QCOM.O) confirmed an earlier report that the chipmaker had filed lawsuits in China, seeking to halt the manufacture and sale of Apple Inc’s (AAPL.O) iPhones in the country. Qualcomm filed the suits in a Beijing intellectual property court, claiming patent infringement and is seeking injunctive relief, a company spokeswoman confirmed on
0 Comments
LONDON (Reuters) – Bitcoin smashed through the $5,000 barrier for the first time on Thursday, jumping as much as 8 percent on the day as investors shrugged off the latest warnings on the risks of buying into the booming cryptocurrency market. Bitcoin, the biggest and best-known cryptocurrency, has chalked up a more than fivefold increase
0 Comments
((This version of the story corrects to remove name of Kaspersky spokesperson cited by Washington Post in 15th paragraph. The story quoted a company statement).) WASHINGTON (Reuters) – Israeli intelligence officials spying on Russian government hackers found they were using Kaspersky Lab antivirus software that is also used by 400 million people globally, including U.S.
0 Comments
BEIJING (Reuters) – China’s top e-commerce firm, Alibaba Group Holding Ltd [BABA.N], is launching a $15 billion drive to build overseas research hubs as the deep-pocketed firm looks to compete with global leaders in e-commerce, logistics and cloud technology. The Alibaba ‘Damo’ academy would launch eight research bases in China, Israel, the United States, Russia
0 Comments
WASHINGTON (Reuters) – U.S. Deputy Attorney General Rod Rosenstein on Tuesday sharply criticized technology companies that have built strongly encrypted products, suggesting Silicon Valley is more willing to comply with foreign government demands for data than those made by their home country. While echoing many arguments made by previous senior U.S. law enforcement officials, Rosenstein
0 Comments