PC maker HP to cut up to 9,000 jobs in restructuring push

U.S. personal computer maker HP Inc said on Thursday it will cut up to 16% of its workforce as part of a restructuring plan aimed at cutting costs.

Facebook's Zuckerberg defends decision on encryption

Facebook Inc Chief Executive Officer Mark Zuckerberg defended his decision to encrypt the company's messaging services on Thursday, despite concerns about its impact on child exploitation and other criminal activity.

U.S., UK sign cross-border data access agreement: statement

The United States and the United Kingdom signed a cross-border data access agreement allowing each government to demand information around serious crimes directly from tech companies based in the other country, they announced on Thursday.

HP Inc to cut about 7,000 to 9,000 jobs in restructuring push

Personal computer maker HP Inc said on Thursday it will cut about 7,000 to 9,000 jobs as part of its fiscal 2020 restructuring plan.

Recovery beckons for Samsung as chip prices stabilize

Samsung Electronics Co Ltd is likely to post a fourth consecutive quarter of declining profit when it reports preliminary earnings next week, though investors will be hoping the worst has passed with chip prices showing signs of recovery.

Chinese video app TikTok bans paid political ads on its platform

Chinese video app TikTok said on Thursday it would not allow paid political ads on its platform as they do not fit into the experience it aims to provide to millions of its users.

Short interest in WeWork bonds jumps to record high

Short bets against WeWork's bonds jumped to a record high this week, suggesting investors believe the office-sharing startup may again seek to raise money in the debt market after it filed to withdraw its initial public offering.

U.S., allies urge Facebook not to encrypt messages as they fight child abuse, terrorism

The United States and allies are seizing on Facebook Inc's plan to apply end-to-end encryption across its messaging services to press for major changes to a practice long opposed by law enforcement, saying it hinders the fight against child abuse and terrorism.

U.S., UK to sign deal to get data faster from tech firms in security cases

The United States and United Kingdom plan to sign a special data agreement on Thursday that would fast track requests from law enforcement to technology companies for information about the communications of terrorists and child abusers, according to documents reviewed by Reuters.

Scooter startup Bird raises $275 million in latest funding round

Scooter company Bird has raised $275 million in a funding round led by CDPQ and Sequoia Capital, it said on Thursday, in a deal valuing the firm at $2.5 billion before the investment.

Exclusive: U.S., UK to sign deal to get data faster from tech firms in security cases

The United States and United Kingdom plan to sign a special data agreement on Thursday that would fast track requests from law enforcement to technology companies for information about the communications of terrorists and child abusers, according to documents reviewed by Reuters.

Tesla drops 6% as quarterly deliveries underwhelm Wall Street

Tesla's stock dropped 6% on Thursday after the electric car maker's quarterly deliveries underwhelmed investors already concerned about slowing revenue growth and ongoing losses.

Facebook's Instagram launches Snapchat-like 'Threads' app

Facebook Inc said on Thursday it was launching a separate camera-first messaging app, "Threads", for it's photo-sharing platform Instagram, another blow in the company's social media war with smaller rival Snapchat.

Facebook can be forced to remove content worldwide after landmark EU court ruling

Facebook can be ordered to police and remove illegal content worldwide, Europe's top court said on Thursday, in a landmark ruling that rights activists say raises concerns some countries could use it to silence critics.

Facebook can be forced to remove illegal content worldwide, EU's top court decides

Facebook can be ordered to police and remove illegal content worldwide, Europe's top court said on Thursday, in a landmark ruling that rights advocates say could allow authoritarian regimes to silence critics.

France recruits Dassault Systemes, OVH for alternative to U.S. cloud firms

France has enlisted tech companies Dassault Systemes and OVH to come up with plans to break the dominance of U.S. companies in cloud computing, its finance minister said on Thursday.

Uber makes JFK airport helicopter taxis available to all users

Ride-hailing company Uber Technologies Inc is taking to the air in New York City where users with a little cash to spare will soon be able to book helicopter flights to John F. Kennedy International airport through their apps.

Oil group Total does not want to go alone in EV battery production: CEO

Oil major Total will not risk going alone in producing battery cells for electric vehicles, said Total's chairman and chief executive Patrick Pouyanne on Thursday.

Axon boosts encryption, weighs blockchain to tackle body-cam 'deepfakes'

Axon Enterprise Inc, the leading maker of U.S. police body cameras, began shipping new devices last week with security upgrades it says could aid in thwarting and discrediting "deepfake" videos.

EU courts can order Facebook to remove illegal comments worldwide: European top court

Courts in the European Union can order Facebook to remove worldwide comments by users of its service that have been declared illegal, the European Union's highest court ruled on Thursday.