TECHNOLOGY NEWS

South Korean chat app becomes new outlet for #MeToo movement

TECHNEWS - 52 min 47 sec ago
SEOUL (Reuters) - A chat app where South Koreans can anonymously dish the dirt on their misbehaving bosses and colleagues is belatedly stirring the country’s #MeToo movement, shedding new light on sexual harassment in the heavily male-dominated corporate culture.
Categories: TECHNOLOGY NEWS

Mexico supreme court says competitors can use America Movil's network

TECHNEWS - 1 hour 43 min ago
MEXICO CITY (Reuters) - Mexico's Supreme Court ruled on Wednesday that Mexican mogul Carlos Slim's America Movil must allow competitors to use its network and infrastructure, essentially holding up a 2014 telecoms reform.
Categories: TECHNOLOGY NEWS

British lawmakers launch inquiry into cryptocurrencies

TECHNEWS - 6 hours 54 min ago
LONDON (Reuters) - Britain's cross-party Treasury Select Committee of lawmakers on Thursday said it is launching an inquiry into digital currencies, as well as the underlying distributed ledger technology.
Categories: TECHNOLOGY NEWS

U.S. arrests operator of shuttered bitcoin investment platform

TECHNEWS - Wed, 02/21/2018 - 23:43
(Reuters) - The operator of a shuttered bitcoin-denominated exchange was arrested on Wednesday on federal charges that he lied to U.S. securities regulators to avoid taking responsibility for the theft by hackers of virtual currency now worth nearly $70 million.
Categories: TECHNOLOGY NEWS

White nationalist is latest to sue over social media ban

AP TECH - Wed, 02/21/2018 - 23:40
SAN FRANCISCO (AP) -- A prominent white nationalist is suing Twitter for banning his accounts at a time when social networks are trying to crack down on hateful and abusive content without appearing to censor unpopular opinions....

Twitter bars tactics used by 'bots' to spread false stories

TECHNEWS - Wed, 02/21/2018 - 22:55
SAN FRANCISCO (Reuters) - Twitter Inc said on Wednesday it would no longer allow people to post identical messages from multiple accounts, cracking down on a tactic that Russian agents and others have allegedly used to make tweets or topics go viral.
Categories: TECHNOLOGY NEWS

U.S. SEC calls for 'clearer' cyber risk disclosure from companies

TECHNEWS - Wed, 02/21/2018 - 22:29
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Wednesday updated guidance to public companies on how and when they should disclose cyber security risks and breaches, including potential weaknesses that have not yet been targeted by hackers.
Categories: TECHNOLOGY NEWS

SEC accuses former bitcoin stock exchange BitFunder of cheating users

TECHNEWS - Wed, 02/21/2018 - 21:59
(Reuters) - The Securities and Exchange Commission (SEC) on Wednesday accused former bitcoin-denominated platform BitFunder and its operator of running an unregistered securities exchange and defrauding its users.
Categories: TECHNOLOGY NEWS

Netflix, Amazon win new favor after Wall Street sell-off

TECHNEWS - Wed, 02/21/2018 - 21:55
SAN FRANCISCO (Reuters) - Netflix Inc, Amazon.com Inc and technology companies poised to benefit from U.S. corporate tax cuts are attracting fresh attention on Wall Street after their shares shrugged off recent market turbulence.
Categories: TECHNOLOGY NEWS

Less is more: Why the Olympics broadcast beats online

AP TECH - Wed, 02/21/2018 - 20:44
NEW YORK (AP) -- When it comes to the Olympics, too much choice can paralyze you with indecision....

U.S. SEC updates guidance on cyber attack disclosure for companies

TECHNEWS - Wed, 02/21/2018 - 20:23
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Wednesday updated guidance to public companies on how and when they should disclose cyber security risks and breaches, including disclosing potential weaknesses that have not yet been targeted by hackers.
Categories: TECHNOLOGY NEWS

U.S. SEC publishes updated guidance on cyber breach disclosure

TECHNEWS - Wed, 02/21/2018 - 19:40
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission published on Wednesday updated guidance on how public companies should disclose cyber security risks and breaches.
Categories: TECHNOLOGY NEWS

Broadcom cuts Qualcomm offer to $117 billion after new NXP deal

TECHNEWS - Wed, 02/21/2018 - 19:29
(Reuters) - Microchipmaker Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion as it objected to Qualcomm’s decision to raise its own bid for NXP Semiconductors.
Categories: TECHNOLOGY NEWS

Americans prefer bank branches over mobile apps for opening new accounts

TECHNEWS - Wed, 02/21/2018 - 19:06
NEW YORK (Reuters) - Mobile banking apps keep getting better, but 60 percent of Americans would still rather open a new checking account in person at a bank branch than on a phone, tablet or desktop computer, according to a new survey.
Categories: TECHNOLOGY NEWS

Snapchat promises update after users balk at redesign

TECHNEWS - Wed, 02/21/2018 - 18:56
(Reuters) - Snap Inc's Snapchat on Tuesday responded to a Change.org petition that asked for a reversal of the messaging app's latest redesign.
Categories: TECHNOLOGY NEWS

Apple in talks with miners to secure cobalt supplies: sources

TECHNEWS - Wed, 02/21/2018 - 18:53
LONDON (Reuters) - Apple Inc is talking to major cobalt producers to secure supplies of the material vital for the lithium-ion rechargeable batteries that power its mobile phones, three cobalt industry sources said.
Categories: TECHNOLOGY NEWS

Google's digital assistant branches out to Nest camera

AP TECH - Wed, 02/21/2018 - 18:44
SAN FRANCISCO (AP) -- Google's voice-activated assistant is branching out to Nest's deluxe security camera in an expansion that may amplify the privacy concerns surrounding internet-connected microphones....

Twitter bot purge prompts backlash

BBC TECH - Wed, 02/21/2018 - 17:58
Right-wing users claim their beliefs have been discriminated against by the crackdown.
Categories: TECHNOLOGY NEWS

Bezos-backed 10,000 Year Clock now under construction

BBC TECH - Wed, 02/21/2018 - 17:50
The cuckoo only comes out once a millennium.
Categories: TECHNOLOGY NEWS

Broadcom trims Qualcomm offer to $117 billion after new NXP deal

TECHNEWS - Wed, 02/21/2018 - 17:40
(Reuters) - Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion, after the latter raised the stakes in the chipmaker takeover battle with a sweetened $44 billion agreement to acquire NXP Semiconductors NV .
Categories: TECHNOLOGY NEWS

British bank RBS hires "digital human" Cora on probation

TECHNEWS - Wed, 02/21/2018 - 17:14
LONDON (Reuters) - A life-like avatar called Cora is being put through her paces by Royal Bank of Scotland, helping customers with basic queries and giving its digital banking drive a more human face.
Categories: TECHNOLOGY NEWS

Door-opening dog bot beats meddling human

BBC TECH - Wed, 02/21/2018 - 16:28
A dog robot that can open doors has been taught a new skill: overcoming human interference.
Categories: TECHNOLOGY NEWS

Samsung Galaxy S9 smartphone images leaked by MWC app

BBC TECH - Wed, 02/21/2018 - 16:08
Images of the firm's forthcoming flagship phone are revealed ahead of its Barcelona debut on Sunday.
Categories: TECHNOLOGY NEWS

Apple turns to miners to lock in cobalt supplies: Bloomberg

TECHNEWS - Wed, 02/21/2018 - 15:59
(Reuters) - Apple Inc is in talks to buy long-term supplies of cobalt, a silver-gray metal used in iPhone batteries, directly from miners, Bloomberg reported on Wednesday, citing sources.
Categories: TECHNOLOGY NEWS

Avis steers into crowded field for managing ride services fleets

TECHNEWS - Wed, 02/21/2018 - 15:53
DETROIT (Reuters) - When Avis Budget Group Inc reports its results on Wednesday, executives under pressure from restive shareholders will likely point to the potential for profits from managing fleets of vehicles for ride services and robo-taxi companies.
Categories: TECHNOLOGY NEWS

Tesla investigates claims of crypto-currency hack

BBC TECH - Wed, 02/21/2018 - 15:47
The company says that only internally used engineering test cars have been affected.
Categories: TECHNOLOGY NEWS

Turkey to develop unmanned tanks, president says

AP TECH - Wed, 02/21/2018 - 15:45
ANKARA, Turkey (AP) -- Turkey's president says the country will develop unmanned tanks to minimize risks to soldiers in combat....

U.S. Intel plans $5 billion investment in Israeli plant: minister

TECHNEWS - Wed, 02/21/2018 - 14:59
JERUSALEM (Reuters) - Intel Corp plans to invest $5 billion to expand production at its Kiryat Gat plant in southern Israel, Israeli Economy Minister Eli Cohen said on Wednesday after talks with the U.S. chipmaker.
Categories: TECHNOLOGY NEWS

Broadcom cuts Qualcomm bid to $117 billion

TECHNEWS - Wed, 02/21/2018 - 14:57
(Reuters) - Broadcom Corp on Wednesday fired its latest salvo against Qualcomm Inc by lowering its takeover offer to $117 billion from $121 billion, a day after the U.S. chipmaker increased its own offer for NXP Semiconductors NV .
Categories: TECHNOLOGY NEWS

Public transit app Moovit raises $50 million in round led by Intel

TECHNEWS - Wed, 02/21/2018 - 14:38
TEL AVIV (Reuters) - Public transit app Moovit said on Wednesday it raised $50 million in an investment round led by Intel Capital, bringing its total raised to date to $133 million.
Categories: TECHNOLOGY NEWS

Nokia sees no path for 'struggling' digital health business: memo

TECHNEWS - Wed, 02/21/2018 - 14:36
HELSINKI (Reuters) - Nokia does not see meaningful potential for its "struggling" digital health business which includes activity trackers and smartwatches, according to an internal memo seen by Reuters on Wednesday.
Categories: TECHNOLOGY NEWS

Broadcom cuts Qualcomm bid by $3 per share

TECHNEWS - Wed, 02/21/2018 - 14:32
(Reuters) - Broadcom Corp has lowered its takeover offer for chipmaker Qualcomm Inc to $79 per share from $82 to account for the latter's increased offer for NXP Semiconductors NV, Broadcom said on Wednesday.
Categories: TECHNOLOGY NEWS

Intel plans $5 billion investment in Israel by 2020: minister

TECHNEWS - Wed, 02/21/2018 - 13:21
JERUSALEM (Reuters) - Chipmaker Intel Corp plans to invest $5 billion to expand production at its Kiryat Gat plant in Israel in the next three years, Israeli Economy Minister Eli Cohen said on Wednesday.
Categories: TECHNOLOGY NEWS

Tool 'names and shames' hidden drug trials

BBC TECH - Wed, 02/21/2018 - 12:21
Institutions that fail to report the results of drug trials will be named on a new website.
Categories: TECHNOLOGY NEWS

The Cranfield-based plane that thinks it's a helicopter

BBC TECH - Wed, 02/21/2018 - 12:02
The Starling Jet is due to launch in six years time at a cost of £8m.
Categories: TECHNOLOGY NEWS

Daimler to start serial production of eActros truck in 2021

TECHNEWS - Wed, 02/21/2018 - 11:41
STUTTGART (Reuters) - Daimler said on Wednesday it aims to start serial production of an electric heavy truck with a range of 200 km (124 miles) in 2021, Daimler Trucks chief Martin Daum said.
Categories: TECHNOLOGY NEWS

Temenos agrees to 1.4 billion pounds deal for Fidessa, activist Elliott enters

TECHNEWS - Wed, 02/21/2018 - 10:16
ZURICH (Reuters) - Swiss software company Temenos said it has agreed a 1.4 billion pound ($1.96 billion) deal to buy British peer Fidessa Group, whose shares traded above the offer price as an activist investor disclosed a stake of nearly 5 percent.
Categories: TECHNOLOGY NEWS

Bitcoins for free? Japanese cryptocurrency exchange lands in hot water again

TECHNEWS - Wed, 02/21/2018 - 10:11
TOKYO (Reuters) - A blunder at a Japanese cryptocurrency exchange let investors briefly buy bitcoins for free - though none were able to profit from the mistake.
Categories: TECHNOLOGY NEWS

Temenos agrees 1.4 billion pounds deal for Fidessa, activist Elliott enters

TECHNEWS - Wed, 02/21/2018 - 10:07
ZURICH (Reuters) - Swiss software company Temenos said it has agreed a 1.4 billion pound ($1.96 billion) deal to buy British peer Fidessa Group, whose shares traded above the offer price as an activist investor disclosed a stake of nearly 5 percent.
Categories: TECHNOLOGY NEWS

Apple in talks to buy cobalt directly from miners: Bloomberg

TECHNEWS - Wed, 02/21/2018 - 08:08
(Reuters) - Apple Inc is in talks to buy long-term supplies of cobalt for iPhone batteries directly from miners, Bloomberg reported on Wednesday, citing sources.
Categories: TECHNOLOGY NEWS

Temenos agrees 1.4 billion pounds deal to buy British software house Fidessa

TECHNEWS - Wed, 02/21/2018 - 07:55
ZURICH (Reuters) - Swiss banking software company Temenos on Wednesday said it has agreed with the board of Fidessa Group to buy the British financial software company for about 1.4 billion pounds ($1.96 billion).
Categories: TECHNOLOGY NEWS

US doing little to combat Russia meddling in next elections

AP TECH - Wed, 02/21/2018 - 07:14
WASHINGTON (AP) -- The Russians are going to try it again. Even President Donald Trump's intelligence chiefs say so. But with congressional primaries just two weeks away, the U.S. has done little to aggressively combat the kinds of Russian election meddling that was recently unmasked in federal court....

Insiders: Russia troll farm even zanier than indictment says

AP TECH - Wed, 02/21/2018 - 07:14
MOSCOW (AP) -- A Clinton-Obama sex tape using body doubles. A Facebook page promoting Texas independence riddled with grammatical mistakes. Islamic State anthems blasting out during the nightshift....

Human rights groups say Mexico not investigating spyware claims

TECHNEWS - Wed, 02/21/2018 - 06:12
MEXICO CITY (Reuters) - A group of human and digital rights activists said on Tuesday that the Mexican government had failed to properly investigate allegations their smartphones were infected with spying software. They have asked for an independent investigation.
Categories: TECHNOLOGY NEWS

Bahrain's sovereign fund in talks to invest in SoftBank's Vision Fund: CEO

TECHNEWS - Wed, 02/21/2018 - 05:59
MANAMA (Reuters) - Bahrain's sovereign wealth fund Mumtalakat is in early talks to invest in Softbank Group's private equity fund that aims to target the technology sector, its chief executive said.
Categories: TECHNOLOGY NEWS

Zero yen: Japanese cryptocurrency exchange briefly trips up trade

TECHNEWS - Wed, 02/21/2018 - 05:53
TOKYO (Reuters) - A Japanese cryptocurrency exchange undergoing checks by regulators has said a system failure let investors briefly trade a digital currency for zero yen, highlighting security concerns about such assets after last month's cyber heist at Coincheck Inc.
Categories: TECHNOLOGY NEWS

South Korea regulator flags better deal for cryptocurrency industry

TECHNEWS - Wed, 02/21/2018 - 05:13
SEOUL (Reuters) - A better deal for South Korea's cryptocurrency industry might be in the offing as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain technology.
Categories: TECHNOLOGY NEWS

Venezuela says launch of 'petro' cryptocurrency raised $735 million

TECHNEWS - Wed, 02/21/2018 - 03:12
CARACAS (Reuters) - President Nicolas Maduro said Tuesday that Venezuela had received $735 million in the first day of a pre-sale of the country's “petro” cryptocurrency, aimed at pulling the country out of an economic tailspin.
Categories: TECHNOLOGY NEWS

South Korea's cryptocurrency industry welcomes regulator's dramatic change of heart

TECHNEWS - Wed, 02/21/2018 - 03:05
SEOUL (Reuters) - South Korea's cryptocurrency industry is anticipating much better times as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain technology.
Categories: TECHNOLOGY NEWS

Bots and drones may lead to cybercrime explosion

SKY TECH - Wed, 02/21/2018 - 02:22
The rapid development of drones and artificial intelligence is a "game-changer" that will present a serious threat to national security if it isn't addressed.
Categories: TECHNOLOGY NEWS

MPs investigate impact of social media and screens on youth

BBC TECH - Wed, 02/21/2018 - 02:18
MPs launch an inquiry into the impact of social media and screen-use on young people's health.
Categories: TECHNOLOGY NEWS

Artificial intelligence poses risks of misuse by hackers, researchers say

TECHNEWS - Wed, 02/21/2018 - 01:57
FRANKFURT (Reuters) - Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial drones into targeted weapons, a new report warns.
Categories: TECHNOLOGY NEWS

Computer shops embrace lucrative business: outfitting cryptocurrency miners

TECHNEWS - Wed, 02/21/2018 - 01:32
HONG KONG/SINGAPORE (Reuters) - Some of the biggest electronics bazaars in Asia are being flooded with customers looking for the latest piece of technology: cryptocurrency mining rigs.
Categories: TECHNOLOGY NEWS

Guardians of the Galaxy Vol. 2: Visual effects revealed

BBC TECH - Wed, 02/21/2018 - 01:23
The visual effects team behind the film has been nominated for an Oscar.
Categories: TECHNOLOGY NEWS

Young Brits 'lack cyber-security awareness'

BBC TECH - Wed, 02/21/2018 - 01:20
A survey found over half of 18-25 year olds were using the same password for lots of online services.
Categories: TECHNOLOGY NEWS

AI ripe for exploitation, experts warn

BBC TECH - Wed, 02/21/2018 - 01:19
AI could be used by rogue states, criminals and terrorists for malicious purposes in the near future.
Categories: TECHNOLOGY NEWS

FaceTime chat 'saves woman's life'

BBC TECH - Wed, 02/21/2018 - 01:18
Woman notices her sister is suffering from a stroke while they spoke on a FaceTime call.
Categories: TECHNOLOGY NEWS

Sessions forms U.S. cyber task force after election warnings

TECHNEWS - Tue, 02/20/2018 - 23:59
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions on Tuesday announced he would create a task force to examine how his Justice Department can better combat global cyber threats, including efforts to interfere with elections or damage critical infrastructure.
Categories: TECHNOLOGY NEWS

FCC reversal of net neutrality rules expected to be published Thursday: sources

TECHNEWS - Tue, 02/20/2018 - 22:26
WASHINGTON (Reuters) - The U.S. Federal Communications Commission is expected to publish on Thursday its December order overturning the landmark Obama-era net neutrality rules, two sources briefed on the matter said Tuesday.
Categories: TECHNOLOGY NEWS

U.S. Attorney General Sessions forms cyber task force to probe election meddling

TECHNEWS - Tue, 02/20/2018 - 22:06
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions has ordered the creation of a task force to examine how his Justice Department can better combat a wide cross-section of global cyber threats, including efforts to interfere with elections or damage critical infrastructure.
Categories: TECHNOLOGY NEWS

Justice Department forms cyber task force to probe election meddling

TECHNEWS - Tue, 02/20/2018 - 21:49
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions has ordered the creation of a task force to look at how the Justice Department is fighting the global cyber threat including election interference and to issue a report on its findings by the end of June, the department said on Tuesday.
Categories: TECHNOLOGY NEWS

Bitcoin nearly doubles in value from year's low hit in early February

TECHNEWS - Tue, 02/20/2018 - 21:06
NEW YORK (Reuters) - Bitcoin hit a three-week high on Tuesday and has surged nearly 100 percent from its lowest level this year, as its recovery continued after South Korea's financial regulator eased its stance on cryptocurrencies, weeks after it considered shutting down digital currency exchanges.
Categories: TECHNOLOGY NEWS

ING says cryptocurrency exchange Bitfinex has an account with it

TECHNEWS - Tue, 02/20/2018 - 20:23
AMSTERDAM (Reuters) - Dutch financial services company ING on Tuesday confirmed that Bitfinex, one of the largest exchanges for trading in cryptocurrencies such as Bitcoin, has a bank account with it in the Netherlands.
Categories: TECHNOLOGY NEWS

Amazon credit card adds Whole Foods to 5 percent cash back offer

TECHNEWS - Tue, 02/20/2018 - 19:57
LOS ANGELES (Reuters) - Amazon.com Inc on Tuesday extended its 5 percent cash back benefit for Prime service subscribers to shoppers at its newly acquired Whole Foods Market grocery chain.
Categories: TECHNOLOGY NEWS

Venezuela launches oil cryptocurrency

BBC TECH - Tue, 02/20/2018 - 19:41
The "Petro" is intended to help country's crumbling economy evade tough US sanctions.
Categories: TECHNOLOGY NEWS

Qualcomm deals blow to Broadcom's bid with sweetened NXP deal

TECHNEWS - Tue, 02/20/2018 - 18:57
(Reuters) - U.S. semiconductor company Qualcomm Inc on Tuesday unveiled a sweetened $44 billion agreement to acquire NXP Semiconductors NV , its most defiant move in its defense against a hostile $121 billion bid from Broadcom Ltd .
Categories: TECHNOLOGY NEWS

Tractor beam breakthrough 'like a pair of robot hands'

SKY TECH - Tue, 02/20/2018 - 18:46
Researchers have for the first time used a tractor beam to move a levitating object around an obstacle course.
Categories: TECHNOLOGY NEWS

Insiders: Russia troll farm even zanier than indictment says

AP TECH - Tue, 02/20/2018 - 18:45
MOSCOW (AP) -- A Clinton-Obama sex tape using body doubles. A Facebook page promoting Texas independence riddled with grammatical mistakes....

Lesser-known North Korea cyber-spy group goes international: report

TECHNEWS - Tue, 02/20/2018 - 17:52
FRANKFURT (Reuters) - A North Korean cyber espionage group previously known only for targeting South Korea's government and private sector deepened its sophistication and hit further afield including in Japan and the Middle East in 2017, security researchers said on Tuesday.
Categories: TECHNOLOGY NEWS

Russian bots debate US gun control laws

BBC TECH - Tue, 02/20/2018 - 16:36
Russian bots are believed to have taken part in debate about gun control following Florida shootings.
Categories: TECHNOLOGY NEWS

Xerox shareholders Icahn, Deason urge company to sell itself to rivals

TECHNEWS - Tue, 02/20/2018 - 15:56
(Reuters) - Xerox Corp shareholders Carl Icahn and Darwin Deason said on Tuesday the U.S. company should seek to sell itself to one of its rivals or a private equity firm.
Categories: TECHNOLOGY NEWS

Medtronic quarterly revenue beats, margins disappoint

TECHNEWS - Tue, 02/20/2018 - 15:44
(Reuters) - Medical device maker Medtronic Plc's quarterly revenue beat analysts' expectations as new product launches drove sales across its business units, but weaker-than-expected margins clouded the earnings report.
Categories: TECHNOLOGY NEWS

Indian software services sector to grow 7-9 percent in FY19 - lobby group

TECHNEWS - Tue, 02/20/2018 - 15:31
HYDERABAD, India (Reuters) - India's software services exports will see revenue growth of 7-9 percent in constant currency terms in the fiscal year to March 2019, a leading lobby group forecast on Tuesday, as the industry continues to recover from what has been a tough year.
Categories: TECHNOLOGY NEWS

Hangzhou and the Alibaba effect

BBC TECH - Tue, 02/20/2018 - 14:55
The emergence of a tech behemoth transforms its hometown.
Categories: TECHNOLOGY NEWS

Replika app provides chats with dead friend

BBC TECH - Tue, 02/20/2018 - 14:53
An entrepreneur makes an app that lets her have conversations with a virtual version of a deceased friend.
Categories: TECHNOLOGY NEWS

Qualcomm gets hedge fund nod with raised offer for NXP

TECHNEWS - Tue, 02/20/2018 - 14:31
(Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share on Tuesday, and said it has the backing of the shareholder group led by hedge fund Elliott Management that opposed its previous proposal.
Categories: TECHNOLOGY NEWS

Facebook ads boss in fake news Twitter storm

BBC TECH - Tue, 02/20/2018 - 13:36
The vice-president of ads is criticised for tweeting Russian-bought ads were not designed to sway the US election.
Categories: TECHNOLOGY NEWS

Spain's Balearic Islands to fine Airbnb 300,000 euros for illegal rentals

TECHNEWS - Tue, 02/20/2018 - 13:31
MADRID (Reuters) - Spain's Balearic Islands is fining flat-sharing and rental service Airbnb 300,000 euros ($370,140) for advertising unregistered homes in Mallorca on its web site, the regional government said on Tuesday.
Categories: TECHNOLOGY NEWS

Qualcomm raises offer for NXP, Elliott backs new bid

TECHNEWS - Tue, 02/20/2018 - 13:28
(Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share on Tuesday, and said it now has the backing of the shareholder group led by Elliott Management that opposed the previous proposal.
Categories: TECHNOLOGY NEWS

Medtronic quarterly profit meets expectations

TECHNEWS - Tue, 02/20/2018 - 13:19
(Reuters) - Largest U.S. standalone medical device maker Medtronic Plc reported a third-quarter profit in-line with analysts' estimates, as sales across all its units, except the minimally invasive therapies business, grew.
Categories: TECHNOLOGY NEWS

Medtronic posts loss due to $2.2 billion U.S. tax law charge

TECHNEWS - Tue, 02/20/2018 - 13:07
(Reuters) - Medtronic Plc reported a third-quarter loss on Tuesday, compared with a year-ago profit, hurt by a $2.2 billion charge related to recent changes in U.S. tax laws.
Categories: TECHNOLOGY NEWS

Apple rushes out fix to Telugu letter text bomb bug

BBC TECH - Tue, 02/20/2018 - 13:03
Messages containing a letter from India's Telugu language caused devices to crash.
Categories: TECHNOLOGY NEWS

Qualcomm raises offer for NXP to $127.50/share

TECHNEWS - Tue, 02/20/2018 - 12:50
(Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share from $110, after being pressured by shareholders led by activist hedge fund Elliott Management Corp.
Categories: TECHNOLOGY NEWS

Qualcomm to raise offer to buy NXP: WSJ

TECHNEWS - Tue, 02/20/2018 - 12:10
(Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share from $110, after being pressured by shareholders led by activist hedge fund Elliott Management Corp, the Wall Street Journal reported, citing people familiar with the matter.
Categories: TECHNOLOGY NEWS

Brazilian rule changes may allow telecoms firms to unload assets

TECHNEWS - Tue, 02/20/2018 - 12:08
SAO PAULO/BRASILIA (Reuters) - Brazil's major telecoms operators stand to free up hundreds of millions of dollars to invest in technologies like 4G and broadband by unloading unwanted assets, as a push by the sector to overhaul decades-old rules shows signs of paying off.
Categories: TECHNOLOGY NEWS

Japan's cryptocurrency exchanges to form new self-regulating body: sources

TECHNEWS - Tue, 02/20/2018 - 11:32
TOKYO (Reuters) - Sixteen Japanese cryptocurrency exchanges will fix plans as early as next week to create a self-regulating body in a bid to better safeguard investors after a $530 million digital money heist last month, two source familiar with the plan said.
Categories: TECHNOLOGY NEWS

Venezuela to start selling 'petro' cryptocurrency

SKY TECH - Tue, 02/20/2018 - 11:32
Venezuela is introducing a new cryptocurrency as the economy struggles to cope with US sanctions and hyperinflation.
Categories: TECHNOLOGY NEWS

Language app Babbel translates European success to U.S. market

TECHNEWS - Tue, 02/20/2018 - 10:29
BERLIN (Reuters) - It might seem a tall order to persuade people to spend as much to learn a language on their smartphone as it costs to subscribe to a music streaming or video-on-demand service.
Categories: TECHNOLOGY NEWS

Exposed Amazon cloud storage clients get tip-off alerts

BBC TECH - Tue, 02/20/2018 - 10:09
US firm's clients told to update their settings and lock down data before it is stolen.
Categories: TECHNOLOGY NEWS

Malaysian firm adds Islamic certification to cryptocurrency

TECHNEWS - Tue, 02/20/2018 - 07:44
SYDNEY (Reuters) - Malaysia-based firm HelloGold has received a sharia-compliant certification for its gold-backed cryptocurrency and plans to launch its online gold platform in Thailand later this year, the company said.
Categories: TECHNOLOGY NEWS

Uber CEO sees commercialization of flying taxis in 5-10 years

TECHNEWS - Tue, 02/20/2018 - 07:33
TOKYO (Reuters) - Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Tuesday he can see commercialization of the Uber Air flying taxi service happening within five to 10 years.
Categories: TECHNOLOGY NEWS

Adecco buys digital recruitment firm Vettery, price not disclosed

TECHNEWS - Tue, 02/20/2018 - 07:18
ZURICH (Reuters) - Staffing company Adecco said on Tuesday it bought U.S.-based online recruitment platform Vettery for an undisclosed sum to increase its footprint in the digital permanent recruitment market.
Categories: TECHNOLOGY NEWS

Japan's Sony to form alliance to build taxi-hailing system

TECHNEWS - Tue, 02/20/2018 - 05:20
TOKYO (Reuters) - Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system.
Categories: TECHNOLOGY NEWS

Councils 'unprepared' for cyber-attacks, report says

BBC TECH - Tue, 02/20/2018 - 04:29
More than 25% of local authorities had computer systems breached from 2013-17, campaigners say.
Categories: TECHNOLOGY NEWS

Samsung Electronics to slash OLED panel production as iPhone X demand disappoints: Nikkei

TECHNEWS - Tue, 02/20/2018 - 04:26
TOKYO (Reuters) - Samsung Electronics Co will slash output of its organic light-emitting diode (OLED) panels in response to its customer Apple Inc's decision to cut production of iPhone X amid weak demand, the Nikkei reported on Tuesday.
Categories: TECHNOLOGY NEWS

Japan's Sony to form alliance to build taxi-hailing system: Nikkei

TECHNEWS - Tue, 02/20/2018 - 04:16
TOKYO (Reuters) - Sony Corp looks set to become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system, the Nikkei newspaper reported.
Categories: TECHNOLOGY NEWS

'Upskirting' should be criminal offence, campaigners say

BBC TECH - Tue, 02/20/2018 - 03:35
Campaigners say the law needs to change to make it easier for police to take action.
Categories: TECHNOLOGY NEWS

Bringing solar power to a remote community in the Himalayas

BBC TECH - Tue, 02/20/2018 - 02:20
A team of engineers trek into the remote region to bring a community electricity for the first time.
Categories: TECHNOLOGY NEWS

Maplin in talks with potential buyers

BBC TECH - Tue, 02/20/2018 - 01:42
The 200-store electronics retailer hopes that a deal might be done as early as this week.
Categories: TECHNOLOGY NEWS

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