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ChannelReuters: Technology News    
RSS File: http://feeds.reuters.com/reuters/technologyNews
Description: Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
  • Sprint partners with LG to launch 5G smartphone in 2019      Tue, 14 Aug 2018 15:51:30 -0400
    Sprint Corp said Tuesday it has partnered with phone manufacturer LG Electronics Inc to launch a 5G smartphone in the first half of next year, marking the first 5G device deal for the No. 4 U.S. wireless carrier.
     
  • 'Fintechs' sound cautious note on offer of U.S. bank charter      Tue, 14 Aug 2018 15:22:01 -0400
    Financial technology companies that lend online are sounding a cautious note on a U.S. banking regulator's plan to offer them special federal charters because of concerns over legal challenges and requirements that are more onerous than expected.
     
  • Tesla forms three-member panel to decide on any Musk proposal      Tue, 14 Aug 2018 15:17:45 -0400
    Tesla Inc's board named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet to see a firm offer from the company's chief executive, Elon Musk.
     
  • Intel discloses three more chip flaws      Tue, 14 Aug 2018 15:14:51 -0400
    U.S. chipmaker Intel Corp on Tuesday disclosed three more possible flaws in some of its microprocessors that can be exploited to gain access to certain data from computer memory.
     
  • Kroger to sell private label products in China through Alibaba      Tue, 14 Aug 2018 14:57:26 -0400
    Kroger Co has partnered with Alibaba Group Holding Ltd to sell its private label products on the e-commerce giant's Tmall platform in China, making its first venture outside the United States.
     
  • Tinder founders sue parent IAC, saying it owes them billions      Tue, 14 Aug 2018 14:35:37 -0400
    A group of founders, executives and early employees of Tinder on Tuesday sued IAC/InterActiveCorp , claiming the parent company deliberately undervalued the dating app to avoid paying them billions of dollars and deprived some employees of stock options.
     
  • A look at Tesla's nine-member board      Tue, 14 Aug 2018 13:33:28 -0400
    Tesla Inc's board has named a special committee of three directors to negotiate with Chief Executive Elon Musk on taking the electric car maker private, although it said it was yet to see a firm offer from him.
     
  • Liga announces landmark free-to-air deal with Facebook in India      Tue, 14 Aug 2018 13:22:09 -0400
    Spain's top flight soccer division La Liga announced on Tuesday a landmark deal with Facebook which will allow viewers in the Indian sub-continent to watch every game over the next three seasons for free on the social network.
     
  • Uber names Matt Olsen as chief security officer      Tue, 14 Aug 2018 12:40:00 -0400
    Uber Technologies Inc [UBER.UL] named Matt Olsen as its chief security officer, the ride hailing company's Chief Executive Officer Dara Khosrowshahi said in a tweet on Tuesday.
     
  • From laboratory in far west, China's surveillance state spreads quietly      Tue, 14 Aug 2018 12:14:00 -0400
    Filip Liu, a 31-year-old software developer from Beijing, was traveling in the far western Chinese region of Xinjiang when he was pulled to one side by police as he got off a bus.
     
  • Amazon to open Colombia service center, employ 600 workers      Tue, 14 Aug 2018 10:59:46 -0400
    Amazon.com Inc on Tuesday said it will open its first customer service center in Colombia in October and employ 600 people.    The center, intended to prevent and resolve problems, will serve customers worldwide in Spanish, English and Portuguese, the world's largest online retailer said in a statement.
     
  • Tech still all the rage while bears prowl emerging markets: BAML survey      Tue, 14 Aug 2018 07:11:42 -0400
    Global investors remain overwhelmingly bullish on U.S. and Chinese tech shares, while short positions on emerging equities are growing increasingly popular, Bank of America Merrill Lynch's latest monthly fund manager survey showed on Tuesday.
     
  • Tencent games revenue in focus after China blocks "Monster Hunter: World"      Tue, 14 Aug 2018 05:31:05 -0400
    China's Tencent Holdings Ltd saw its stock tumble on Tuesday, wiping out around $15 billion in its market value, amid concern of a blow to its video game revenue after regulators blocked the sale of one of its blockbuster titles.
     
  • Australia plans law for tech firms to hand over encrypted private data      Tue, 14 Aug 2018 05:20:05 -0400
    Australia on Tuesday proposed a new law requiring technology firms such as Alphabet Inc's Google, Facebook and Apple to give police access to private encrypted data linked to suspected illegal activities.
     
  • NIO seeks to raise $1.8 billion in biggest U.S. listing by China automaker      Tue, 14 Aug 2018 04:04:33 -0400
    Chinese electric vehicle start-up NIO on Monday filed for a $1.8 billion initial public offering of its American depositary shares, the biggest U.S. listing by a Chinese automaker.
     
  • Exclusive: Sequoia China to raise $6 billion in new fund with state-owned partner - sources      Tue, 14 Aug 2018 02:30:12 -0400
    Sequoia Capital China is teaming up with a state-owned venture capital (VC) fund and e-commerce powerhouse JD.com to raise up to 40 billion yuan ($5.81 billion) for a new investment firm to focus on late-stage tech investments, sources said.
     
  • Foxconn profit below forecast on soaring operating costs, shares fall      Tue, 14 Aug 2018 02:27:10 -0400
    Foxconn posted second-quarter net profit well below expectations as a rise in component costs and unsold inventory weighed on the performance of the Apple supplier and world's top contract electronics maker, analysts said.
     
  • Unilever to use JD.com to move products across China      Tue, 14 Aug 2018 02:04:54 -0400
    Chinese ecommerce firm JD.com has agreed a deal with Unilever to move products like Lipton's tea and Lux soap between warehouses across China as the consumer goods firm looks to expand sales in more remote parts of the country.
     
  • Taiwan's Hon Hai shares fall 1.9 percent after second quarter results miss estimates      Tue, 14 Aug 2018 01:42:34 -0400
    Taiwan's Hon Hai Precision Industry shares fell 1.9 percent on Tuesday morning after its second quarter results missed analyst estimates.
     
  • Musk says Silver Lake, Goldman advising on taking Tesla private      Tue, 14 Aug 2018 00:20:11 -0400
    Tesla Inc Chief Executive Elon Musk tweeted on Monday that he was working with buyout firm Silver Lake and investment bank Goldman Sachs Group Inc as financial advisers on his plan to take the U.S. electric car maker private.
     


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