SAN FRANCISCO (Reuters) - Nearly one-third of private tech companies in the United States that have achieved "unicorn" status will eventually be worth less than $1 billion, according to a report published Tuesday.
Amid Trump criticism, U.S. to help states fight voter fraud
U.S. Homeland Security Secretary Jeh Johnson testifies before a House Homeland Security Committee hearing on Capitol Hill in Washington, U.S. July 14, 2016. REUTERS/Jonathan Ernst - RTSHXDX
SSA: Ixnay on txt msg reqmnt 4 e-acct, sry
The U.S. Social Security Administration says it is reversing a newly enacted policy that required a cell phone number from all Americans who wished to manage their retirement benefits at ssa.gov. The move comes after a policy rollout marred by technical difficulties and criticism that...
SSA: Ixnay on txt msg reqmnt 4 e-acct, sry
The U.S. Social Security Administration says it is reversing a newly enacted policy that required a cell phone number from all Americans who wished to manage their retirement benefits at ssa.gov. The move comes after a policy rollout marred by technical difficulties and criticism that...
Russia fails to reach settlement with Google in Android case
MOSCOW (Reuters) - Russia's state anti-monopoly watchdog FAS said on Tuesday it and Alphabet Inc's Google had failed to reach an out-of-court settlement in a case over Google's Android operating system, Interfax news agency reported.
Ford boosts spending, doubles staff for self-driving cars
DETROIT (Reuters) - Ford Motor Co is hiking investments in Silicon Valley technology firms and more than doubling the size of its Palo Alto, California, research team to help speed development of self-driving cars, the automaker said on Tuesday.
Indian messaging platform Hike raises $175 million
NEW DELHI (Reuters) - Indian messaging startup Hike Messenger has raised more than $175 million in a funding round led by Tencent Holdings Limited and Foxconn Technology Group that values the company at nearly $1.4 billion.
Apple to increase investment in increasingly tough China
BEIJING (Reuters) - Apple Inc will boost its investment in China, one of its most important but increasingly difficult markets, and build its first Asia-Pacific research and development center in the country, Chief Executive Tim Cook said on Tuesday.
Knock, knock! Google Duo video call is here
(Reuters) - Now, all you need is a phone number to start a video call with any contact who uses an Android- or iOS-based smartphone.
In a shift, Bangladesh Bank says no plans to sue Fed, SWIFT
DHAKA/NEW YORK (Reuters) - Bangladesh's central bank said it has reversed its plans to sue the Federal Reserve Bank of New York and the SWIFT money transfer network, and instead intends to seek their help recovering $81 million stolen by cyber thieves in February.
Firms in aging Thailand bet on demand surge for robots and diapers
BANGKOK (Reuters) - Thai elderly care robot Dinsow can not only keep track of your medication and video-phone your relatives, but can also exercise with you and even entertain you with its karaoke skills.
Hacking group claims to offer cyber-weapons in online auction
(Reuters) - Hackers going by the name Shadow Brokers said on Monday they will auction stolen surveillance tools they say were used by a cyber group linked to the U.S. National Security Agency.
EU to propose minimum spectrum license duration of 25 years
BRUSSELS (Reuters) - The European Commission is to propose that telecom spectrum licenses are granted for a minimum of 25 years to increase investment certainty for operators, under a reform of the bloc's telecoms rules, according to an EU document seen by Reuters.
Audi vehicles to talk to U.S. traffic signals in first for industry
SAN FRANCISCO (Reuters) - German carmaker Audi is rolling out technology that will allow its vehicles in the United States to communicate with traffic signals, allowing for a more stress-free ride in what it says is the car industry's first commercial use of the nascent technology.
EU plans to extend some telecom rules to web-based providers
BRUSSELS (Reuters) - The European Union is planning to extend telecom rules covering security and confidentiality of communications to web services such as Microsoft's Skype and Facebook's WhatsApp which could restrict how they use encryption.
Ex-Rovio CEO hired to bring Nokia phones back to market
HELSINKI (Reuters) - HMD Global Oy, a new Finnish company looking to relaunch the Nokia brand for phones, said on Monday it has hired Pekka Rantala, the former CEO of Angry Birds maker Rovio, as its Chief Marketing Officer.
Deliveroo says riders can opt out of new pay plan in latest tech clash
LONDON (Reuters) - Food delivery firm Deliveroo said riders could opt out of its new payment system in Britain after becoming the latest high-flying tech start-up to come in for criticism for the employment terms given to its staff.
'Grumpy hold-outs' could sink Bitfinex recovery plan after Bitcoin theft
HONG KONG (Reuters) - Crypto-currency exchange Bitfinex's plan to impose losses on all its trading clients for the theft by hackers of $72 million in Bitcoin rests on two flawed pillars, according to lawyers.
Tesla removes 'autopilot' from China website after Beijing crash
SHANGHAI/SAN FRANCISCO (Reuters) - Tesla removed the word "autopilot" and a Chinese term for "self-driving" from its China website after a driver in Beijing who crashed in "autopilot" mode complained that the car maker overplayed the function's capability and misled buyers.
Exclusive: Xylem nears deal to buy smart meter company Sensus-sources
NEW YORK (Reuters) - U.S. water technology company Xylem Inc is nearing a deal to acquire Sensus USA Inc, a provider of advanced metering technologies to utilities, for around $1.7 billion, including debt, according to people familiar with the matter.
Can Singapore's labor crunch spark a robot revolution?
SINGAPORE (Reuters) - Sherine Toh says her best days at work are when none of the 600-or-so staff at Singapore's Tung Lok Restaurants quits, though such days are rare.
NYSE sees double-digit Asian IPOs through 2017, with focus on tech
HONG KONG (Reuters) - The New York Stock Exchange (NYSE) sees technology companies driving a revival in new Asian listings and expects double-digit IPOs through the end of 2017 from the region, the exchange's global head of capital markets said in an interview.
Starwood, Marriott, Hyatt, IHG hit by malware: HEI
NEW YORK (Reuters) - A data breach at 20 U.S. hotels operated by HEI Hotels & Resorts for Starwood, Marriott, Hyatt and Intercontinental may have divulged payment card data from tens of thousands of food, drink and other transactions, HEI said on Sunday.
Nissan revolution: could new petrol engine make diesel obsolete?
ATSUGI, Japan (Reuters) - Japanese automaker Nissan Motor Co has come up with a new type of gasoline engine it says may make some of today's advanced diesel engines obsolete.
Megaupload's Dotcom to seek a review of U.S. court's forfeiture ruling
SYDNEY (Reuters) - German tech entrepreneur and alleged internet pirate Kim Dotcom will seek a review of a Federal Court decision which rejected his bid to keep hold of millions of dollars in assets held in Hong Kong and New Zealand, his lawyer said.
U.S. Democrat Pelosi gets 'obscene and sick' calls after hack
WASHINGTON (Reuters) - U.S. House Democratic Leader Nancy Pelosi said on Saturday she has been flooded with "obscene and sick" calls and text messages after a hacker linked to Russia posted personal contact information online for her and hundreds of other Democratic lawmakers and aides.
Pokemon craze challenges Olympics for most popular game
RIO DE JANEIRO (Reuters) - Forget beach volleyball, soccer or tennis, not to mention the steeplechase or discus. Pokemon Go is challenging the Olympics for most popular game among some young Brazilians.
Visa Alert and Update on the Oracle Breach
Credit card industry giant Visa on Friday issued a security alert warning companies using point-of-sale devices made by Oracle‘s MICROS retail unit to double-check the machines for malicious software or unusual network activity, and to change passwords on the devices. Visa also published ...
Visa Alert and Update on the Oracle Breach
Credit card industry giant Visa on Friday issued a security alert warning companies using point-of-sale devices made by Oracle‘s MICROS retail unit to double-check the machines for malicious software or unusual network activity, and to change passwords on the devices. Visa also published ...
Lyft rebuffed acquisition interest from GM: The Information
SAN FRANCISCO (Reuters) - Ride hailing company Lyft rebuffed acquisition interest from General Motors Co and will raise a new funding round instead, technology website The Information reported on Friday, citing two people familiar with the situation.