RIYADH (Reuters) - The Saudi government is lifting a ban on calls made through online apps on Thursday but will monitor and censor them, a government spokesman said. All online voice and video call services -- like Microsoft’s Skype, Facebook’s WhatsApp and Messenger, and Rakuten’s...
China's Baidu launches $1.5 billion autonomous driving fund
BEIJING (Reuters) - Chinese search engine Baidu Inc (BIDU.O) announced a 10 billion yuan ($1.52 billion) autonomous driving fund on Thursday as part of a wider plan to speed up its technical development and compete with U.S. rivals. The “Apollo Fund” will invest in 100 autonomous driving...
Twitter to meet Congressional panel probing 2016 election
(Reuters) - Twitter Inc representatives will meet with the U.S. Senate Select Committee on Intelligence staff next week in relation to inquiries into the 2016 U.S. presidential election, a company representative said. The committee, along with other congressional committees and special counsel Rober...
What is at stake for Uber in U.S. bribery probe?
SAN FRANCISCO (Reuters) - A U.S. bribery investigation at ride-hailing company Uber Technologies Inc [UBER.UL] will likely go on for a year or more and could lead to snowballing legal and compliance costs if lawyers find systemic problems. Uber, which is the subject of a U.S. probe into whether it p...
Distrustful U.S. allies force spy agency to back down in encryption row
SAN FRANCISCO (Reuters) - An international group of cryptography experts has forced the U.S. National Security Agency to back down over two data encryption techniques it wanted set as global industry standards, reflecting deep mistrust among close U.S. allies. In interviews and emails seen by Reuter...
Google to acquire HTC's Pixel smartphone division in $1.1 billion deal
TAIPEI (Reuters) - Alphabet Inc’s (GOOGL.O) Google said it would pay $1.1 billion in cash to acquire the division at Taiwan’s HTC Corp (2498.TW) that develops the U.S. firm’s Pixel smartphones, its latest push into hardware manufacturing. Google has sought to beef up its hardware c...
Equifax Breach: Setting the Record Straight
Bloomberg published a story this week citing three unnamed sources who told the publication that Equifax experienced a breach earlier this year which predated the intrusion that the big-three credit bureau announced on Sept. 7. To be clear, this earlier breach at Equifax is not a new ...
Equifax Breach: Setting the Record Straight
Bloomberg published a story this week citing three unnamed sources who told the publication that Equifax experienced a breach earlier this year which predated the intrusion that the big-three credit bureau announced on Sept. 7. To be clear, this earlier breach at Equifax is not a new ...
Google to buy part of HTC's smartphone operations for $1.1 billion
TAIPEI (Reuters) - Alphabet Inc’s (GOOGL.O) Google will acquire part of Taiwanese smartphone maker HTC’s (2498.TW) smartphone operations for $1.1 billion, the companies said in a joint statement on Thursday. Under the deal, Google will acquire a team of people who develop Pixel smartphon...
Toshiba prepares to formalize chips sale, even as rejected suitor steps up legal action
TOKYO (Reuters) - Japan’s Toshiba Corp (6502.T) is expected to formalize the sale of its prized memory chip unit on Thursday to a group led by U.S. private equity firm Bain Capital, even as jilted suitor and joint venture partner Western Digital (WDC.O) took fresh legal action. The embattled c...
Google to buy part of HTC's smartphone operations for around $1 billion: source
HONG KONG/TAIPEI (Reuters) - Alphabet Inc’s (GOOGL.O) Google is set to announce a deal to acquire part of Taiwanese firm HTC Corp’s (2498.TW) smartphone operations for about $1 billion, a source with direct knowledge of the matter said on Thursday. The deal will not involve the purchase ...
Equifax says attacker 'interacted' with server on March 10
(Reuters) - Equifax Inc said on Wednesday that on March 10 an attacker “interacted” with a server at the heart of the massive breach disclosed this month, but there is no evidence that the incident was linked to the breach of 143 million records. The company disclosed the incident after ...
Hackers used Avast's CCleaner breach to attack technology companies
SAN FRANCISCO (Reuters) - The hackers who broke into widely used computer utility software in August also tried to infect machines at Microsoft, Intel and other top technology companies, according to research by Cisco Systems released late on Wednesday. That suggests the breach, disclosed on Monday,...
Western Digital takes legal step to stop Toshiba memory investment
(Reuters) - Western Digital Corp filed its latest legal action against joint-venture chip partner Toshiba Corp for moving to invest in a new flash memory production line without its help, the U.S. company said on Wednesday. The new arbitration requests, filed in the International Court of Arbitratio...
Tesla working with AMD to develop chip for self-driving car: CNBC
(Reuters) - Electric carmaker Tesla Inc (TSLA.O) is working with Advanced Micro Devices Inc (AMD.O) to develop its own artificial intelligence chip for self-driving cars, CNBC reported on Wednesday, citing a source familiar with the matter. AMD spin-off GlobalFoundries Inc Chief Executive Sanjay Jha...
Facebook to add more human review to ad system: COO Sandberg
SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) will add “more human review and oversight” to its ad-buying system, Chief Operating Officer Sheryl Sandberg said on Wednesday, responding to rising criticism that automated processes have allowed people to buy discriminatory ads. Sandberg sai...
Apple concedes new watch has connectivity glitch
(Reuters) - Apple Inc’s (AAPL.O) on Wednesday conceded its latest smartwatch unveiled a week ago has problems with its most important feature: the ability make phone calls and access data without an iPhone nearby. Several prominent reviewers said Wednesday they could not recommend the device b...
Apple Watch fails to tick with reviewers due to cellular glitch
(Reuters) - Apple Inc’s latest smartwatch may have packed many impressive features of a smartphone, but occasional mobile connectivity issues and poor battery life held back several reviewers from recommending the device. The Watch Series 3, launched last week alongside iPhone 8 and iPhone X, ...
Waymo seeking $2.6 billion from Uber for one trade secret: lawyer
SAN FRANCISCO (Reuters) - Alphabet Inc’s Waymo unit is seeking about $2.6 billion from Uber for the alleged theft of one of several trade secrets in a lawsuit over self-driving cars, a lawyer for Uber said on Wednesday. Uber Technologies Inc attorney Bill Carmody disclosed the figure in a hear...
Waymo seeking $2.6 billion for one trade secret against Uber
SAN FRANCISCO (Reuters) - An Uber [UBER.UL] lawyer on Wednesday said Alphabet Inc’s Waymo unit is seeking about $2.6 billion for the alleged theft of one of several trade secrets in a lawsuit over self-driving cars. Uber Technologies Inc attorney Bill Carmody disclosed the figure in a hearing ...
Google close to buying smartphone maker HTC's assets: Bloomberg
(Reuters) - Alphabet Inc’s (GOOGL.O) Google is close to acquiring assets of Taiwanese smartphone maker HTC Corp (2498.TW), Bloomberg reported, citing a person familiar with the matter. The Taiwan stock exchange said on Wednesday that HTC shares will be halted from Sept. 21 on a pendi...
Amazon reviewing website after algorithm suggests bomb-making ingredients
LONDON (Reuters) - Amazon.com (AMZN.O) said on Wednesday it was reviewing its website after an investigation found that it could help users buy the ingredients to make a bomb using its “Frequently bought together” and “Customers who bought this also bought” features. Britain&...
Internet firms say removing extremist content within hours is huge challenge
BRUSSELS (Reuters) - Removing extremist content from the internet within a few hours of it appearing poses “an enormous technological and scientific challenge”, Google’s general counsel will say later on Wednesday to European leaders who want it taken down quicker. Kent Walker, gen...
Digital firms pay less than half tax of traditional rivals: EU Commission
BRUSSELS (Reuters) - Digital companies in the European Union pay in tax less than half the amount paid by traditional firms, the European Commission said in a draft report which backs plans to increase the tax bill of firms like Amazon or Facebook. In the report to be adopted on Thursday, the Commis...
Toshiba says seals $18 billion deal to sell chip unit to Bain Capital group
TOKYO (Reuters) - Japan’s Toshiba Corp said on Wednesday it has agreed to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange. Toshiba said in a nighttime anno...
As Apple slows, fast-moving Chinese rivals gain in wealthy markets
HONG KONG/SINGAPORE (Reuters) - Slowing innovation at iPhone maker Apple gives Asian rivals their best chance yet to conquer developed markets, retailers and consumers say - thanks to better designs and lower prices. Apple last week unveiled new iPhones with wireless charging, an edge-to-edge screen...
ABB to deliver 117 electric vehicle charging stations for German motorways
ZURICH (Reuters) - ABB will deliver 117 electric vehicle charging stations to German utility EnBW, the Swiss engineering company said on Wednesday. Power utilities such as EnBW, tech start-ups and oil majors are vying to become dominant players in the fast-growing business of charging stations. Thes...
Uber reviews Asia business amid U.S. bribery probe: source
(Reuters) - Uber Technologies Inc [UBER.UL], which is the subject of a U.S. federal probe into whether it broke bribery laws, has started a review of its Asia operations and notified U.S. authorities about payments made by staff to police officers in Indonesia, a person familiar with the matter told...
Amazon working on 'smart glasses' as its first wearable device: FT
(Reuters) - Amazon.com Inc is working on its first wearable device - a pair of ‘smart glasses’, the Financial Times reported on Wednesday. The device, designed like a regular pair of spectacles, will allow Amazon's digital assistant Alexa to be summoned anytime at all places, the report ...
At U.N., Britain to push internet firms to remove extremist content quicker
UNITED NATIONS (Reuters) - The leaders of Britain, France and Italy will push social media companies on Wednesday to remove “terrorist content” from the internet within one to two hours of it appearing because they say that is the period when most material is spread. British Prime Minist...