TECHNOLOGY NEWS

Western Digital beats estimates, sets upbeat forecast on chip demand

TECHNEWS - Fri, 04/27/2018 - 00:44
(Reuters) - Western Digital Corp reported better-than-expected profit and revenue on Thursday, as demand for its memory chips used in smartphones and personal computers rose coupled with higher prices for its hard disk drives.
Categories: TECHNOLOGY NEWS

Amazon raising price of annual Prime membership to $119

AP TECH - Fri, 04/27/2018 - 00:11
NEW YORK (AP) -- Amazon is raising the price of its annual Prime membership fee by 20 percent starting next month....

Amazon raising price of annual Prime membership to $119

AP TECH - Thu, 04/26/2018 - 23:57
NEW YORK (AP) -- Amazon is raising the price of its annual Prime membership fee by 20 percent next month....

Wall Street much quicker to applaud Facebook than criticize it

TECHNEWS - Thu, 04/26/2018 - 23:41
(Reuters) - A month of darkening sentiment around Facebook Inc among analysts was washed away in an instant when the social media's earnings report blew through even the most optimistic earnings estimates.
Categories: TECHNOLOGY NEWS

China's Baidu tops profit estimates on advertising growth, shares jump

TECHNEWS - Thu, 04/26/2018 - 23:08
(Reuters) - Chinese internet search giant Baidu Inc's quarterly profit topped analysts' forecasts, led by growth in its online advertising business.
Categories: TECHNOLOGY NEWS

Microsoft Windows adapts as its business importance declines

AP TECH - Thu, 04/26/2018 - 23:05
For Microsoft, Windows is no longer a core business so much as a complement to the company's other offerings....

Microsoft Windows adapts as its business importance declines

AP TECH - Thu, 04/26/2018 - 22:51
For Microsoft, Windows is no longer a core business so much as a complement to the company's other offerings....

Amazon shares up as quarterly revenues surge

SKY TECH - Thu, 04/26/2018 - 22:51
Amazon shares have risen in after-hours trading after it reported a better-than-expected 43% rise in first quarter sales to $51bn.
Categories: TECHNOLOGY NEWS

Baidu's quarterly revenue rises 24 percent

TECHNEWS - Thu, 04/26/2018 - 22:46
(Reuters) - Baidu Inc's first-quarter revenue climbed about 24 percent, led by growth in the Chinese online search giant's advertising business.
Categories: TECHNOLOGY NEWS

Intel raises full-year forecasts on demand for data center chips

TECHNEWS - Thu, 04/26/2018 - 22:36
(Reuters) - Intel Corp beat earnings expectations for the first quarter and raised its full-year revenue and profit forecasts on Thursday, driven by higher demand for chips from data centers and personal computers.
Categories: TECHNOLOGY NEWS

Amazon surprises Wall Street with huge profits, optimistic outlook

TECHNEWS - Thu, 04/26/2018 - 22:34
(Reuters) - Amazon.com Inc's march in retail and cloud computing showed no sign of slowing on Thursday, as the company reported a surge in first-quarter sales and profit, both ahead of expectations.
Categories: TECHNOLOGY NEWS

Western Digital profit, revenue beat estimates; shares rise

TECHNEWS - Thu, 04/26/2018 - 22:31
(Reuters) - Western Digital Corp reported better-than-expected profit and revenue on Thursday, as the demand for its memory chips used in smartphones and personal computers rose.
Categories: TECHNOLOGY NEWS

Square to buy website building platform Weebly

TECHNEWS - Thu, 04/26/2018 - 22:29
NEW YORK (Reuters) - Square Inc, the payments company led by Twitter Inc Chief Executive Officer Jack Dorsey, will acquire website building startup Weebly, the company said on Thursday.
Categories: TECHNOLOGY NEWS

Microsoft tops estimates as Azure, Office products drive gains

TECHNEWS - Thu, 04/26/2018 - 22:22
(Reuters) - Microsoft Corp topped Wall Street forecasts for quarterly profit as it signed up more businesses to its Azure cloud computing services and Office 365 productivity suite.
Categories: TECHNOLOGY NEWS

Intel results beat on demand for data center chips

TECHNEWS - Thu, 04/26/2018 - 22:15
(Reuters) - Intel Corp beat revenue and profit expectations for the first quarter on Thursday, driven by higher demand for chips from data centers and personal computers.
Categories: TECHNOLOGY NEWS

Amazon's first-quarter revenue, profit trounce estimates

TECHNEWS - Thu, 04/26/2018 - 22:15
(Reuters) - Amazon.com Inc reported first-quarter revenue and profit on Thursday that trounced analysts' estimates, driven by a surge in online shopping and higher demand for its cloud services.
Categories: TECHNOLOGY NEWS

Microsoft's quarterly profit rises 35 percent

TECHNEWS - Thu, 04/26/2018 - 22:12
(Reuters) - Microsoft Corp's quarterly profit rose 35 percent, as more businesses signed up to its Azure cloud computing services and Office 365 productivity suite.
Categories: TECHNOLOGY NEWS

Canada data firm AIQ may face legal action in UK

BBC TECH - Thu, 04/26/2018 - 20:20
The role of a small Canadian firm in the Cambridge Analytica scandal is becoming clearer.
Categories: TECHNOLOGY NEWS

Road that recharges electric vehicles opens

SKY TECH - Thu, 04/26/2018 - 20:04
A stretch of road that recharges electric vehicles as they drive on it has opened in Sweden, in what is believed to be a world first.
Categories: TECHNOLOGY NEWS

U.S. Congress spars over social media filtering; companies skip hearing

TECHNEWS - Thu, 04/26/2018 - 19:59
WASHINGTON (Reuters) - Democrats and Republicans in the U.S. House of Representatives on Thursday sparred over the role of social media platforms Facebook, Google and Twitter in filtering content after representatives of the tech companies skipped a hearing.
Categories: TECHNOLOGY NEWS

Facebook slammed by UK lawmakers as CTO promises transparency overhaul

TECHNEWS - Thu, 04/26/2018 - 19:44
LONDON (Reuters) - A top Facebook executive apologized for errors made by the firm and vowed to do more to improve transparency during a four-hour grilling on Thursday from British lawmakers who insisted the company's response to a data scandal had been inadequate.
Categories: TECHNOLOGY NEWS

No Doomsday scenario for Facebook as EU privacy rules kick in

TECHNEWS - Thu, 04/26/2018 - 19:03
FRANKFURT (Reuters) - As Europe nears tough new privacy rules, Facebook reckons the worst that could happen is that users will share less data, making it harder to target ads on the social network that raked in revenues of $12 billion in the first quarter.
Categories: TECHNOLOGY NEWS

Tesla Autopilot chief leaves to join Intel

TECHNEWS - Thu, 04/26/2018 - 18:33
(Reuters) - Tesla Inc's Autopilot chief Jim Keller is leaving the electric vehicle manufacturer to join chipmaker Intel Corp .
Categories: TECHNOLOGY NEWS

UK lawmakers call on Zuckerberg to appear before them

AP TECH - Thu, 04/26/2018 - 18:29
LONDON (AP) -- The U.K. parliament's media committee demanded Facebook CEO Mark Zuckerberg appear before the panel after lawmakers said the senior executive who testified Thursday failed to fully answer their questions about the data protection scandal that has engulfed the company....

Revenge porn hub taken down by Dutch police raid

BBC TECH - Thu, 04/26/2018 - 18:19
The notorious Anon-IB site was the source of nude images of celebrities shared widely in 2014.
Categories: TECHNOLOGY NEWS

EU strikes deal forcing Netflix, Amazon to fund European content

TECHNEWS - Thu, 04/26/2018 - 18:12
BRUSSELS (Reuters) - EU lawmakers and member states on Thursday struck a preliminary deal that will allow countries to force online streaming services including Netflix and Amazon's video service to help fund European films and TV shows.
Categories: TECHNOLOGY NEWS

Facebook exec promises UK lawmakers overhaul for political ads

TECHNEWS - Thu, 04/26/2018 - 17:53
LONDON (Reuters) - Facebook will introduce new measures to improve transparency around advertising and politics in Britain, an executive said on Thursday, as he faced criticism from British lawmakers over a data scandal.
Categories: TECHNOLOGY NEWS

Sinclair Spectrum designer Rick Dickinson dies in US

BBC TECH - Thu, 04/26/2018 - 17:24
Rick Dickinson, who drew up designs for the Sinclair computers, has died in the US.
Categories: TECHNOLOGY NEWS

Dozens of genetic risk factors found for depression

SKY TECH - Thu, 04/26/2018 - 17:11
A major new study which has identified 44 genetic risk factors for depression has the "potential to revitalise treatment", scientists have said.
Categories: TECHNOLOGY NEWS

EU Piles Pressure on Social Media Over Fake News

VOA TECH - Thu, 04/26/2018 - 16:40
Tech giants such as Facebook and Google must step up efforts to tackle the spread of fake news online in the next few months or potentially face further EU regulation, as concerns mount over election interference. The European Commission said on Thursday it would draw up a Code of Practice on Disinformation for the 28-nation EU by July with measures to prevent the spread of fake news such as increasing scrutiny of advertisement placements. EU policymakers are particularly worried that the spread of fake news could interfere with European elections next year, after Facebook disclosed that Russia tried to influence U.S. voters through the social network in the run-up to the 2016 U.S. election. Moscow denies such claims. "These [online] platforms have so far failed to act proportionately, falling short of the challenge posed by disinformation and the manipulative use of platforms' infrastructure," the Commission wrote in its strategy for tackling fake news published on Thursday. "The Commission calls upon platforms to decisively step up their efforts to tackle online disinformation." Advertisers and online platforms should produce "measurable effects" on the code of practice by October, failing which the Commission could propose further actions, including regulation "targeted at a few platforms." Companies will have to work harder to close fake accounts, take steps to reduce revenues for purveyors of disinformation and limit targeting options for political adverts. The Commission, the EU's executive, will also support the creation of an independent European network of fact-checkers and launch an online platform on disinformation. Tech industry association CCIA said the October deadline for progress appeared rushed. "The tech industry takes the spread of disinformation online very seriously...when drafting the Code of Practice, it is important to recognize that there is no one-size-fits-all solution to address this issue given the diversity of affected services," said Maud Sacquet, CCIA Europe Senior Policy Manager. Weaponizing fake news The revelations that political consultancy Cambridge Analytica - which worked on U.S. President Donald Trump's campaign - improperly accessed the data of up to 87 million Facebook users has further rocked public trust in social media. "There are serious doubts about whether platforms are sufficiently protecting their users against unauthorized use of their personal data by third parties, as exemplified by the recent Facebook/Cambridge Analytica revelations," the Commission wrote. Facebook has stepped up fact-checking in its fight against fake news and is trying to make it uneconomical for people to post such content by lowering its ranking and making it less visible. The world's largest social network is also working on giving its users more context and background about the content they read on the platform. "The weaponization of online fake news and disinformation poses a serious security threat to our societies," said Julian King, EU Commissioner for security. "The subversion of trusted channels to peddle pernicious and divisive content requires a clear-eyed response based on increased transparency, traceability and accountability." Campaign group European Digital Rights warned that the Commission ought not to rush into taking binding measures over fake news which could have an effect on the freedom of speech. King rejected any suggestion that the proposal would lead to censorship or a crackdown on satire or partisan news. "It's a million miles away from censorship," King told a news conference. "It's not targeting partisan journalism, freedom of speech, freedom to disagree, freedom to be, in some cases, a bit disagreeable." Commission Vice-President Andrus Ansip said there had been some debate internally over whether to explicitly mention Russia in the fake news strategy. "Some people say that we don't want to name just one name. And other people say that 'add some other countries also and then we will put them all on our list', but unfortunately nobody is able to name those others," the former Estonian prime minister said.
Categories: TECHNOLOGY NEWS

Facebook to clearly label political advertising in Britain

TECHNEWS - Thu, 04/26/2018 - 16:22
LONDON (Reuters) - Facebook will introduce new measures to improve transparency around advertising in Britain and require political ads to be clearly label led, an executive said on Thursday, as he faced questions in parliament over a data scandal.
Categories: TECHNOLOGY NEWS

Snapchat releases new Spectacles 2.0

BBC TECH - Thu, 04/26/2018 - 15:50
Over a year after they first launched, Spectacles 2.0 is being released with new features.
Categories: TECHNOLOGY NEWS

Video game loot boxes declared illegal under Belgium gambling laws

BBC TECH - Thu, 04/26/2018 - 15:04
The Belgium Gaming Commission finds video game loot boxes violate its gambling legislation.
Categories: TECHNOLOGY NEWS

Nintendo Switch fuels strong rise in profits

BBC TECH - Thu, 04/26/2018 - 14:25
The Japanese company's fast-selling console boosts profits, as a new president is announced.
Categories: TECHNOLOGY NEWS

Snapchat releases new Spectacles 2.0

BBC TECH - Thu, 04/26/2018 - 14:11
Over a year after they first launched, Spectacles 2.0 is being released with new features.
Categories: TECHNOLOGY NEWS

Facebook accused of bullying by MPs

BBC TECH - Thu, 04/26/2018 - 13:26
Chief technology officer Mike Schroepfer faces tough questions on political ads and Cambridge Analytica.
Categories: TECHNOLOGY NEWS

Uber to update 'bug bounty' policies after 2016 data breach: executive

TECHNEWS - Thu, 04/26/2018 - 13:11
SAN FRANCISCO (Reuters) - Uber on Thursday plans to announce changes to how it rewards cyber researchers who report flaws in its software, a company executive told Reuters, as part of the ride-hailing firm's response to concerns raised about the way it handled a data breach in 2016.
Categories: TECHNOLOGY NEWS

Autobots Roll Out! - transforming robot unveiled in Japan

TECHNEWS - Thu, 04/26/2018 - 13:08
TOKYO (Reuters) - A Transformers-style, humanoid robot that can shape shift into a sports car in about 60 seconds was unveiled in Japan on Wednesday.
Categories: TECHNOLOGY NEWS

Nintendo taps new president; profit improves on Switch sales

AP TECH - Thu, 04/26/2018 - 12:53
TOKYO (AP) -- Nintendo Co. reported solid sales and profit for the fiscal fourth quarter, powered by brisk demand for its Switch machines. The company also announced Thursday that it will be getting a new president....

Iran blocks video and images on Telegram messaging app

BBC TECH - Thu, 04/26/2018 - 12:52
Iranians fear the restriction will be followed by a total block on the popular messaging app
Categories: TECHNOLOGY NEWS

Facebook to clearly label political advertising in Britain, CTO says

TECHNEWS - Thu, 04/26/2018 - 12:33
LONDON (Reuters) - Facebook will introduce new measures to boost transparency around adverts in Britain by June this year and require political ads to be clearly labeled, the firm's Chief Technology Officer told a British parliamentary committee.
Categories: TECHNOLOGY NEWS

Jewelry companies team up with IBM on blockchain platform

TECHNEWS - Thu, 04/26/2018 - 12:09
NEW YORK (Reuters) - Gold and diamond companies including Berkshire Hathaway Inc's Richline Group Inc joined with IBM to develop blockchain technology to track the origin of jewelry and ensure it is ethically sourced, the companies said on Thursday.
Categories: TECHNOLOGY NEWS

Exclusive: Chip wars - China closing in on second $19 billion semiconductor fund: sources

TECHNEWS - Thu, 04/26/2018 - 12:01
HONG KONG/SHANGHAI (Reuters) - China's state-backed semiconductor fund is near to closing a 120 billion yuan ($18.98 billion)investment round for a second fund to support the domestic chip sector and help cut reliance on imports amid a bruising trade standoff with the United States.
Categories: TECHNOLOGY NEWS

Facebook to vet and label political adverts

SKY TECH - Thu, 04/26/2018 - 11:47
Political adverts on Facebook will have to be labelled as such and display who paid for them, a senior company official has said.
Categories: TECHNOLOGY NEWS

Nintendo switches president after forecasting best annual profit in nine years

TECHNEWS - Thu, 04/26/2018 - 11:28
TOKYO/OSAKA (Reuters) - Japan's Nintendo Co Ltd announced a new president on Thursday and said it expects annual profit to reach a nine-year high, as its Switch games console maintains sales momentum in its second year.
Categories: TECHNOLOGY NEWS

EU piles pressure on social media over fake news

TECHNEWS - Thu, 04/26/2018 - 11:20
BRUSSELS (Reuters) - Tech giants such as Facebook and Google will have to decisively step up their efforts to tackle the spread of fake news online in six months or potentially face further regulation from the European Union.
Categories: TECHNOLOGY NEWS

EU moves to regulate tech giants' business practices

TECHNEWS - Thu, 04/26/2018 - 11:09
BRUSSELS (Reuters) - Tech giants like Google, Apple and Amazon will for the first time face rules regulating their commercial relations with smaller businesses under a law proposed by the European Union on Thursday.
Categories: TECHNOLOGY NEWS

Cyber security firm Avast targets $4.5 billion valuation in IPO

TECHNEWS - Thu, 04/26/2018 - 11:00
LONDON (Reuters) - Private equity-backed cyber security firm Avast is targeting a market capitalization of between 2.5 billion and 3.2 billion pounds ($3.5-4.5 billion) in its initial public offering (IPO), potentially the biggest London listing since July.
Categories: TECHNOLOGY NEWS

Nokia sees weak first half but strong momentum later in 2018

TECHNEWS - Thu, 04/26/2018 - 10:09
HELSINKI/LONDON (Reuters) - Network equipment maker Nokia posted weaker than expected quarterly profits as telecom operators, particularly in North America, held off spending, but the company sees momentum building later in the year.
Categories: TECHNOLOGY NEWS

Tesla's head of Autopilot leaves, ex-Apple exec to succeed

TECHNEWS - Thu, 04/26/2018 - 10:05
(Reuters) - Tesla Inc said on Thursday Jim Keller, the head of its low-voltage hardware, Autopilot software and infotainment, is leaving the automaker to focus on microprocessor engineering with another company.
Categories: TECHNOLOGY NEWS

Nintendo sees the best annual profit in nine years on Switch, announces new president

TECHNEWS - Thu, 04/26/2018 - 09:50
TOKYO (Reuters) - Japan's Nintendo Co Ltd said on Thursday it expects operating profit to rise 26.7 percent in the year through March to a nine-year high, as its Switch games console maintains sales momentum in its second year.
Categories: TECHNOLOGY NEWS

Nokia posts sharp quarterly profit fall, sees 5G accelerating

TECHNEWS - Thu, 04/26/2018 - 09:23
HELSINKI (Reuters) - Network equipment maker Nokia on Thursday posted weaker-than-expected quarterly profits as telecom operators, particularly in North America, held off spending, but it expressed confidence that momentum was building later in 2018.
Categories: TECHNOLOGY NEWS

Nintendo expects 27 percent annual profit jump on strong Switch sales

TECHNEWS - Thu, 04/26/2018 - 09:21
TOKYO (Reuters) - Japan's Nintendo Co Ltd said on Thursday it expects operating profit to rise 26.7 percent in the year through March to a nine-year high, as its Switch games console maintains sales momentum in its second year.
Categories: TECHNOLOGY NEWS

Oregon marijuana: Lots of data, few to analyze and check it

AP TECH - Thu, 04/26/2018 - 09:03
SALEM, Ore. (AP) -- To the beat of electronic dance music, men and women inside a slate-gray building harvested marijuana plants festooned with radio-frequency identification tags. In another room, an employee entered the tag numbers into a government database....

Oregon marijuana: Lots of data, few to analyze and check it

AP TECH - Thu, 04/26/2018 - 09:00
SALEM, Ore. (AP) -- Oregon is awash in data on its marijuana industry but has few workers to monitor and check what its legal businesses are doing....

Revolut becomes Britain's first digital bank unicorn

TECHNEWS - Thu, 04/26/2018 - 08:11
LONDON (Reuters) - Financial technology firm Revolut said on Thursday its valuation had jumped by five times in a year to $1.7 billion at its most recent funding round, making it the first of Britain's digital-only banks to reach unicorn status.
Categories: TECHNOLOGY NEWS

Facebook’s Rise in Profits, Users Shows Resilience 

VOA TECH - Thu, 04/26/2018 - 07:48
Facebook Inc. shares rose Wednesday after the social network reported a surprisingly strong 63 percent rise in profit and an increase in users, with no sign that business was hurt by a scandal over the mishandling of personal data. After easily beating Wall Street expectations, shares traded up 7.1 percent after the bell at $171, paring a month-long decline that began with Facebook’s disclosure in March that consultancy Cambridge Analytica had harvested data belonging to millions of users. The Cambridge Analytica scandal, affecting up to 87 million users and prompting several apologies from Chief Executive Mark Zuckerberg, generated calls for regulation and for users to leave the social network, but there was no indication advertisers immediately changed their spending. “Everybody keeps talking about how bad things are for Facebook, but this earnings report to me is very positive, and reiterates that Facebook is fine, and they’ll get through this,” said Daniel Morgan, senior portfolio manager at Synovus Trust Company. His firm holds about 73,000 shares in Facebook. Facebook’s quarterly profit beat analysts’ estimates, as a 49 percent jump in quarterly revenue outpaced a 39 percent rise in expenses from a year earlier. The mobile ad business grew on a push to add more video content. Facebook said monthly active users in the first quarter rose to 2.2 billion, up 13 percent from a year earlier and matching expectations, according to Thomson Reuters. The company reversed last quarter’s decline in the number of daily active users in the United States and Canada, saying it had 185 million users there, up from 184 million in the fourth quarter. Resilient business model The results are a bright spot for the world’s largest social network amid months of negative headlines about the company’s handling of personal information, its role in elections and its fueling of violence in developing countries. Facebook, which generates revenue primarily by selling advertising personalized to its users, has demonstrated for several quarters how resilient its business model can be as long as users keep coming back to scroll through its News Feed and watch its videos. It is spending to ensure users are not scared away by scandals. Chief Financial Officer David Wehner told analysts on a call that expenses this year would grow between 50 percent and 60 percent, up from a prior range of 45 percent to 60 percent. Spending on security Much of Facebook’s ramp-up in spending is for safety and security, Wehner said. The category includes efforts to root out fake accounts, scrub hate speech and take down violent videos. Facebook said it ended the first quarter with 27,742 employees, up 48 percent from a year earlier. “So long as profits continue to grow at a rapid rate, investors will accept that higher spending to ensure privacy is warranted,” Wedbush Securities analyst Michael Pachter said. It has been nearly two years since Facebook shares rose 7 percent or more during a trading day. They rose 7.2 percent on April 28, 2016, the day after another first-quarter earnings report. Net income attributable to Facebook shareholders rose in the first quarter to $4.99 billion, or $1.69 per share, from $3.06 billion, or $1.04 per share, a year earlier. Analysts on average were expecting a profit of $1.35 per share, according to Thomson Reuters. Total revenue was $11.97 billion, above the analyst estimate of $11.41 billion. Some details secret The company declined to provide some details sought by analysts. It has not shared the revenue generated by Instagram, the photo-sharing app it owns, and it declined to provide details about time spent on Facebook. Facebook also owns the popular smartphone apps Messenger and WhatsApp. Tighter regulation could make Facebook’s ads less lucrative by reducing the kinds of data it can use to personalize and target ads to users, although Facebook’s size means it could also be well positioned to cope with regulations. Facebook and Alphabet Inc’s Google together dominate the internet ad business worldwide. Facebook is expected to take 18 percent of global digital ad revenue this year, compared with Google’s 31 percent, according to research firm eMarketer. The company said it was increasing the amount of money authorized to repurchase shares by an additional $9 billion. It had initially authorized repurchases up to $6 billion.
Categories: TECHNOLOGY NEWS

TSB calls in IBM to help resolve its IT crisis

SKY TECH - Thu, 04/26/2018 - 07:11
TSB has called in IT specialists to help resolve its digital banking crisis after the bungled upgrade to a new IT system last weekend.
Categories: TECHNOLOGY NEWS

Facebook threw us under bus, says data firm Cubeyou

BBC TECH - Thu, 04/26/2018 - 06:49
Cubeyou denies that data collected through quizzes on the social media site was misused for marketing.
Categories: TECHNOLOGY NEWS

Amazon will teach your kids to say please

SKY TECH - Thu, 04/26/2018 - 06:46
A new version of Amazon's Alexa artificial intelligence assistant has been announced, with a feature that will teach children to say please and thank you.
Categories: TECHNOLOGY NEWS

Samsung Electronics flags mobile weakness as chips power record first-quarter profit

TECHNEWS - Thu, 04/26/2018 - 06:23
SEOUL (Reuters) - Samsung Electronics Co Ltd said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers.
Categories: TECHNOLOGY NEWS

ZTE tells suppliers China trade row may be factor in U.S. ban: source

TECHNEWS - Thu, 04/26/2018 - 05:45
NEW YORK (Reuters) - China's ZTE Corp held a conference call on Wednesday with major suppliers, during which a company representative suggested the trade dispute with Beijing may have been a factor in last week's U.S. order banning American firms from selling goods to the smartphone maker, according to a person familiar with the call.
Categories: TECHNOLOGY NEWS

Qualcomm easing licensing terms in bid to strike deals

TECHNEWS - Thu, 04/26/2018 - 04:31
SAN FRANCISCO (Reuters) - Qualcomm Inc's earnings call on Wednesday showed just how far the company is willing to go to preserve one of its core business practices of taking a cut of the selling price of phones.
Categories: TECHNOLOGY NEWS

Samsung Elec flags mobile weakness as chips power record first profit

TECHNEWS - Thu, 04/26/2018 - 03:29
SEOUL (Reuters) - Samsung Electronics Co Ltd said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers.
Categories: TECHNOLOGY NEWS

Trump thanks Kanye West for Twitter compliments

BBC TECH - Thu, 04/26/2018 - 03:06
The US rapper says he and the president share "dragon energy" and calls Mr Trump his "brother".
Categories: TECHNOLOGY NEWS

Samsung Elec flags mobile weakness after record first quarter profit

TECHNEWS - Thu, 04/26/2018 - 02:30
SEOUL (Reuters) - Samsung Electronics Co Ltd said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers.
Categories: TECHNOLOGY NEWS

Samsung Elec first-quarter profit up 58 percent on-year to new record

TECHNEWS - Thu, 04/26/2018 - 02:01
SEOUL (Reuters) - Samsung Electronics Co Ltd posted a record quarterly profit, as expected, for the three months through March, led by firm demand for memory chips.
Categories: TECHNOLOGY NEWS

Qualcomm chip sales indicate some smartphone strength

TECHNEWS - Thu, 04/26/2018 - 01:55
(Reuters) - U.S. chipmaker Qualcomm Inc's quarterly profit and revenue topped Wall Street forecasts, suggesting that a slowdown in the global smartphone business might be less severe than feared after a string of weak forecasts from suppliers.
Categories: TECHNOLOGY NEWS

Britain pumps cash into artificial intelligence before Brexit

TECHNEWS - Thu, 04/26/2018 - 01:12
LONDON (Reuters) - Britain announced on Thursday a 1 billion pound ($1.4 billion) joint investment in the artificial intelligence (AI) industry to capitalize on what the government sees as a competitive advantage in the sector as it prepares for life after Brexit.
Categories: TECHNOLOGY NEWS

Meet people who review Facebook's reported content

BBC TECH - Thu, 04/26/2018 - 01:07
'Laura' worked as a content reviewer for Facebook. She describes some of the terrible things she saw.
Categories: TECHNOLOGY NEWS

The robot helping to deliver water in rural India

BBC TECH - Thu, 04/26/2018 - 01:05
The customised robot is part of a study looking at how technology can help those in rural areas.
Categories: TECHNOLOGY NEWS

Brazil prosecutors say Windows 10 settings violate local laws

TECHNEWS - Wed, 04/25/2018 - 23:19
SAO PAULO (Reuters) - Federal prosecutors in Brazil asked a court on Wednesday to force Microsoft to change its default installation process for Windows 10, which they said violated several local laws by collecting user data without their "express consent."
Categories: TECHNOLOGY NEWS

Trump, top aides talk trade with Apple CEO Cook at White House

TECHNEWS - Wed, 04/25/2018 - 23:14
WASHINGTON (Reuters) - President Donald Trump and two top aides talked about trade issues with Apple Inc chief Tim Cook on Wednesday as the White House prepares to try to avert a trade war with China, a manufacturing hub for the iPhone maker.
Categories: TECHNOLOGY NEWS

Facebook's rise in profits, users shows resilience after scandals

TECHNEWS - Wed, 04/25/2018 - 23:08
(Reuters) - Facebook Inc shares rose on Wednesday after the social network reported revenue that beat Wall Street estimates, showing no initial impact on its lucrative ad business from a scandal over the handling of personal data.
Categories: TECHNOLOGY NEWS

Facebook advertisers shrug off its privacy scandal

AP TECH - Wed, 04/25/2018 - 23:06
SAN FRANCISCO (AP) -- Facebook's troubles with Russian election meddlers , "fake news " and misused data have dominated headlines globally....

YouTube Overhauls Kids' App

VOA TECH - Wed, 04/25/2018 - 22:44
YouTube is overhauling its kid-focused video app to give parents the option of letting humans, not computer algorithms, select what shows their children can watch. The updates that begin rolling out April 26, 2018, are a response to complaints that the YouTube Kids app has repeatedly failed to filter out disturbing content. Google-owned YouTube launched the toddler-oriented app in 2015. It has described it as a “safer” experience than the regular YouTube video-sharing service for finding “Peppa Pig” episodes or watching user-generated videos of people unboxing toys, teaching guitar lessons or experimenting with science. Failure of screening system In order to meet U.S. child privacy rules, Google says it bans kids under 13 from using its core video service. But its official terms of agreement are largely ignored by tens of millions of children and their families who don't bother downloading the under-13 app. Both the grown-up video service and the YouTube Kids app have been criticized by child advocates for their commercialism and for the failures of a screening system that relies on artificial intelligence. The app is engineered to automatically exclude content that’s not appropriate for kids, and recommend videos based on what children have watched before. That hasn’t always worked to parents’ liking — especially when videos with profanity, violence or sexual themes slip through the filters.  Updates give parents option The updates allow parents to switch off the automated system and choose a contained selection of children’s programming such as Sesame Street and PBS Kids. But the automated system remains the default.   “For parents who like the current version of YouTube Kids and want a wider selection of content, it's still available,” said James Beser, the app’s product director, in a blog post Wednesday. “While no system is perfect, we continue to fine-tune, rigorously test and improve our filters for this more-open version of our app.” Beser also encouraged parents to block videos and flag them for review if they don’t think they should be on the app. But the practice of addressing problem videos after children have already been exposed to them has bothered child advocates who want the more controlled option to be the default.  Cleaner, safer kids' app “Anything that gives parents the ability to select programming that has been vetted in some fashion by people is an improvement, but I also think not every parent is going to do this,” said Josh Golin, director of the Boston-based Campaign for a Commercial-Free Childhood. “Giving parents more control doesn’t absolve YouTube of the responsibility of keeping the bad content out of YouTube Kids.” He said Google should aim to build an even cleaner and safer kids’ app, then pull all the kid-oriented content off the regular YouTube — where most kids are going — and onto that app.  Golin’s group recently asked the Federal Trade Commission to investigate whether YouTube’s data collection and advertising practices violate federal child privacy rules. He said advocates plan to meet with FTC officials next week.
Categories: TECHNOLOGY NEWS

Facebook beats Wall Street's revenue estimates, shares rise

TECHNEWS - Wed, 04/25/2018 - 22:42
(Reuters) - Facebook Inc shares rose after the bell on Wednesday after the social network reported revenue that beat Wall Street estimates, showing no initial impact on its lucrative ad business from a scandal over the handling of personal data.
Categories: TECHNOLOGY NEWS

PayPal quarterly profit beats estimates, shares rise

TECHNEWS - Wed, 04/25/2018 - 22:41
(Reuters) - PayPal Holdings Inc reported first-quarter profit that beat Wall Street estimates on Wednesday as the payment processor benefited from higher volumes of mobile payments and a strong merchant services business.
Categories: TECHNOLOGY NEWS

Facebook sales soar 'despite challenges'

BBC TECH - Wed, 04/25/2018 - 22:39
The firm reported a near 50% revenue rise and said it is taking a broader review of responsibility.
Categories: TECHNOLOGY NEWS

Facebook advertisers shrug off scandal

AP TECH - Wed, 04/25/2018 - 22:39
SAN FRANCISCO (AP) -- Facebook's troubles with Russian election meddlers, "fake news" and misused data have dominated headlines globally....

Qualcomm profit tops estimates on higher modem chip sales

TECHNEWS - Wed, 04/25/2018 - 22:30
(Reuters) - U.S. chipmaker Qualcomm Inc's quarterly profit and revenue topped Wall Street forecasts, led by higher sales of modem semiconductors used in smartphones and connected cars.
Categories: TECHNOLOGY NEWS

PayPal reports 33 percent rise in quarterly profit

TECHNEWS - Wed, 04/25/2018 - 22:24
(Reuters) - PayPal Holdings Inc reported a 33.1 percent rise in first-quarter profit on Wednesday as more customers used the payment processor's platform for transactions.
Categories: TECHNOLOGY NEWS

Facebook quarterly profit, revenue beat estimates

TECHNEWS - Wed, 04/25/2018 - 22:20
(Reuters) - Facebook Inc's quarterly profit and revenue beat analysts' estimates on Wednesday, as the social media company's mobile ad business grew on a major push to add more video content.
Categories: TECHNOLOGY NEWS

Facebook quarterly profit beats estimates

TECHNEWS - Wed, 04/25/2018 - 22:12
(Reuters) - Facebook Inc's first-quarter profit topped analyst estimates on Wednesday, as the social media company's mobile ad business grew from a major push to add more video content on its site.
Categories: TECHNOLOGY NEWS

Qualcomm's quarterly profit falls 51.5 percent

TECHNEWS - Wed, 04/25/2018 - 22:09
(Reuters) - Qualcomm Inc's quarterly profit fell 51.5 percent due to higher costs and as the chipmaker sold fewer modem semiconductors used in mobile phones.
Categories: TECHNOLOGY NEWS

How Comcast is trying to change the cable game

AP TECH - Wed, 04/25/2018 - 21:55
NEW YORK (AP) -- If you can't beat them, join them. Comcast is trying to refigure the traditional cable bundle, adding services like Netflix to its subscription packages and offering internet-only TV streaming....

Trump and Apple CEO Cook meet at White House with trade the focus

TECHNEWS - Wed, 04/25/2018 - 21:12
WASHINGTON (Reuters) - President Donald Trump met with Apple Inc Chief Executive Officer Tim Cook on Wednesday to discuss trade issues as the technology industry grapples with a U.S. spat over import tariffs with China, a manufacturing hub for the iPhone maker and other companies.
Categories: TECHNOLOGY NEWS

YouTube overhauls kids' app after complaints about content

AP TECH - Wed, 04/25/2018 - 21:06
YouTube is overhauling its kid-focused video app to give parents the option of letting humans, not computer algorithms, select what shows their children can watch....

YouTube Kids to give parents more control over output

BBC TECH - Wed, 04/25/2018 - 21:00
The firm has been criticised for using algorithms not human judgment to curate the app.
Categories: TECHNOLOGY NEWS

Facebook profit soars as it shakes off data scandal

SKY TECH - Wed, 04/25/2018 - 20:52
Facebook's first-quarter profit soared amid little sign that users or advertisers had defected over its failure to safeguard personal data.
Categories: TECHNOLOGY NEWS

NYSE glitch forces Amazon and Alphabet traders elsewhere

TECHNEWS - Wed, 04/25/2018 - 20:01
NEW YORK (Reuters) - The New York Stock Exchange said on Wednesday that trading was suspended on its exchange in five stocks, including Amazon and Alphabet, for the rest of the day due to a technical glitch involving trade reporting.
Categories: TECHNOLOGY NEWS

Twitter shares fall on outlook of slower growth, rising costs

TECHNEWS - Wed, 04/25/2018 - 19:34
(Reuters) - Twitter Inc shares fell about 5 percent Wednesday after the social network said its revenue growth would slow this year and costs rise as it works to fight the spread of hate speech and allegations of election manipulation through its service.
Categories: TECHNOLOGY NEWS

Businesses balance Facebook privacy concerns, ad needs

AP TECH - Wed, 04/25/2018 - 19:13
NEW YORK (AP) -- Some small businesses that use Facebook ads to promote themselves and attract new customers are wrestling with whether they need to change strategy after the company's data-misuse scandal....

Facebook will not testify at U.S. House hearing on social media

TECHNEWS - Wed, 04/25/2018 - 19:05
WASHINGTON (Reuters) - Facebook Inc said Wednesday it has declined an invitation to testify at a U.S. House of Representatives hearing Thursday on filtering practices by social media companies, a company spokesman said.
Categories: TECHNOLOGY NEWS

U.S. probing Huawei for possible Iran sanctions violations: sources

TECHNEWS - Wed, 04/25/2018 - 18:59
NEW YORK/LONDON (Reuters) - Federal prosecutors in New York have been investigating since at least last year whether Chinese tech company Huawei Technologies Co Ltd [HWT.UL] violated U.S. sanctions in relation to Iran, according to sources familiar with situation.
Categories: TECHNOLOGY NEWS

BuzzFeed partners with Netflix for documentary series

BBC TECH - Wed, 04/25/2018 - 18:35
The series, which launches in July, will go behind-the-scenes as journalists pursue stories.
Categories: TECHNOLOGY NEWS

Amazon Alexa to reward kids who say: 'Please'

BBC TECH - Wed, 04/25/2018 - 18:21
A good manners feature will praise children if they ask questions politely.
Categories: TECHNOLOGY NEWS

Uber suspending Vienna operations after court injunction

TECHNEWS - Wed, 04/25/2018 - 17:33
VIENNA (Reuters) - The ride-hailing service Uber is suspending operations in Vienna after an Austrian court issued a temporary injunction against it on Wednesday.
Categories: TECHNOLOGY NEWS

U.S. probing Huawei for possible Iran sanctions violations: WSJ

TECHNEWS - Wed, 04/25/2018 - 17:18
(Reuters) - The U.S. Department of Justice is investigating if Chinese tech company Huawei [HWT.UL] violated U.S. sanctions in relation to Iran, the Wall Street Journal reported on Wednesday.
Categories: TECHNOLOGY NEWS

Businesses balance Facebook privacy concerns, ad needs

AP TECH - Wed, 04/25/2018 - 17:18
NEW YORK (AP) -- Some small businesses that use Facebook ads to promote themselves and attract new customers are wrestling with whether they need to change strategy after the company's data-misuse scandal....

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