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- Facebook slammed by UK lawmakers as CTO promises transparency overhaul
Thu, 26 Apr 2018 14:22:44 -0400
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.
- U.S. Congress spars over social media filtering; companies skip hearing
Thu, 26 Apr 2018 13:59:21 -0400
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.
- No Doomsday scenario for Facebook as EU privacy rules kick in
Thu, 26 Apr 2018 13:09:56 -0400
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.
- Uber to update 'bug bounty' policies after 2016 data breach: executive
Thu, 26 Apr 2018 08:24:02 -0400
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.
- EU moves to regulate tech giants' business practices
Thu, 26 Apr 2018 05:37:22 -0400
BRUSSELS (Reuters) - Tech giants including Google, Apple and Amazon will for the first time face rules governing their commercial relations with smaller businesses under a law proposed by the European Union on Thursday.
- EU strikes deal forcing Netflix, Amazon to fund European content
Thu, 26 Apr 2018 12:20:58 -0400
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.
- Autobots Roll Out! - transforming robot unveiled in Japan
Thu, 26 Apr 2018 09:58:26 -0400
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.
- Jewelry companies team up with IBM on blockchain platform
Thu, 26 Apr 2018 06:09:39 -0400
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.
- Exclusive: Chip wars - China closing in on second $19 billion semiconductor fund: sources
Thu, 26 Apr 2018 07:36:39 -0400
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.
- U.S. probing Huawei for possible Iran sanctions violations: sources
Thu, 26 Apr 2018 04:36:31 -0400
NEW YORK/LONDON (Reuters) - U.S. prosecutors in New York have been investigating whether Chinese tech company Huawei [HWT.UL] violated U.S. sanctions in relation to Iran, according to sources familiar with the situation.