Tanzanian authorities on Wednesday charged the managing director of Vodacom Tanzania and other telecom executives with economic crimes, court documents seen by Reuters showed.
Boeing software under scrutiny as Ethiopia prepares crash report
Boeing anti-stall software forced down the nose of a doomed Ethiopian jet even after pilots had turned it off, sources told Reuters on Wednesday, as investigators scrutinize the role played by technology and crew in the fatal March 10 crash.
Tanzania charges Vodacom Tanzania MD with economic crimes: court documents
Tanzanian authorities on Wednesday charged the managing director of Vodacom Tanzania with economic crimes, court documents seen by Reuters showed.
Sweden to look into possible sale of government's Telia stake
Sweden's parliament on Wednesday called on the government to look into how it could divest its $7.5 billion stake in telecoms firm Telia Company while protecting sensitive infrastructure owned by the firm from cyber breaches.
Boeing software re-engaged before Ethiopian crash: sources
Boeing anti-stall software forced down the nose of a doomed Ethiopian jet even after pilots had turned it off, sources told Reuters on Wednesday, as investigators scrutinize the role played by technology and crew in the fatal March 10 crash.
U.S.-Israeli cybersecurity firm Aqua raises $62 million
U.S.-Israeli cybersecurity firm Aqua Security said on Wednesday it raised $62 million in a funding round led by Insight Partners, bringing the company's total venture funding to more than $100 million
Goldman seeks 'curious' engineers for digital innovation program: website
Goldman Sachs Group Inc on Wednesday launched an initiative to attract tech-savvy engineers to the bank to take part in a year-long program aimed at developing new finance apps and other innovations, according to the company’s website.
Boeing system triggered repeatedly in Ethiopian crash: sources
Boeing anti-stall software repeatedly forced down the nose of a doomed Ethiopian jet after pilots had turned it off, sources told Reuters, as investigators scrutinize the role played by technology and crew in the fatal March 10 crash.
Factbox: What we know about Boeing 737 MAX crash and what comes next
More than 300 Boeing 737 MAX jets have been grounded worldwide after two fatal crashes in the past five months in Ethiopia and Indonesia killed nearly 350 people.
Vodacom Tanzania says MD questioned by police over network use
Vodacom Tanzania's managing director and several other employees were questioned by the police on Wednesday over the alleged fraudulent use of network facilities, the company said.
CMC shares hit record low on profit warning as finance chief plans exit
Shares in CMC Markets slid more than 10 percent to a record low on Wednesday after the online trading firm forecast a drop in income in the year to March as new rules curbed client activity, and its finance chief decided to depart.
U.S.-Israeli fintech firm Pagaya raises $25 million
Pagaya, a U.S.-Israeli firm that uses machine learning and big data to manage institutional money, said on Wednesday it raised $25 million in a funding round led by Oak HC/FT.
Bidding slows in German 5G auction, could be the cheapest ever
Bidding slowed on Wednesday in Germany's 5G mobile spectrum auction, and with offers from the four companies taking part totaling just 2.4 billion euros ($2.7 billion) it could end up being the cheapest ever.
Exclusive: Boeing software engaged repeatedly before crash - sources
Boeing anti-stall software on a doomed Ethiopian Airlines jet re-engaged as many as four times after the crew initially turned it off due to suspect data from an airflow sensor, two people familiar with the matter said.
GM, Ford and Toyota join to advance self-driving testing, standards
Three major automakers said on Wednesday they were forming a consortium to help draw up safety standards for self-driving cars that could eventually help create regulations in the United States.
Boeing software engaged repeatedly before crash: sources
Boeing anti-stall software on a doomed Ethiopian Airlines jet re-engaged as many as four times after the crew initially turned it off due to suspect data from an airflow sensor, two people familiar with the matter said.
Semiconductor group urges more research funding to counter China
A trade group for the semiconductor industry on Wednesday called on U.S. government leaders to boost funding for chip research and science education while easing limits on green cards in an effort to counter China's investments in chip technology.
CMC Markets shares slump on profit warning as finance chief plans exit
Shares in CMC Markets Plc slid more than 10 percent on Wednesday after the online trading firm forecast a drop in income in the year to March as new rules curbed client activity, and a senior executive decided to depart.
South Korea first to roll out 5G services, beating U.S. and China
South Korea will become the first country to commercially launch fifth-generation (5G) services on Friday as it rolls out the latest wireless technology with Samsung Electronics' new 5G-enabled smartphone Galaxy S10.
Exclusive: Japan Display to supply OLED screens for Apple Watch - sources
Japan Display Inc will begin to supply organic light-emitting diode (OLED) screens for the Apple Watch later this year, two sources said, a breakthrough for the cash-strapped company whose late shift to OLED has cost it orders from Apple.
Toyota to give royalty-free access to hybrid-vehicle patents
Toyota Motor Corp said it would offer royalty-free access to its hybrid-vehicle technology patents through 2030, as it seeks to expand use of lower emissions vehicles before the global auto industry shifts to all-battery electric cars.
Bilibili offering raises $824 million as China techs tap market after IPOs
Chinese video platform Bilibili's convertible bond sale and follow-on share offering raised $824 million, three people with direct knowledge of the matter said on Wednesday.
Chinese tech giant Tencent plans $5 billion bond sale: sources
China's Tencent Holdings Ltd is returning to the market with a U.S. dollar bond that could raise about $5 billion, two people with direct knowledge of the matter said.
Qualcomm finance chief departs for rival Intel
Qualcomm Inc's chief financial officer, George Davis, has left the company to become finance chief at rival Intel Corp, the two companies said on Tuesday.
Netflix looms large as theater owners assess industry future
As movie theater owners converge on Las Vegas for their annual convention, one topic that keeps coming up is how they contend with a company that has resisted their traditional business model: Netflix Inc.
Toyota to give royalty-free access to hybrid-vehicle patents: Nikkei
Toyota Motor Corp plans to offer royalty-free access to its hybrid-vehicle technology patents as early as this year, the Nikkei Asian Review reported on Wednesday.
Qualcomm finance chief to depart for rival Intel
Qualcomm Inc's Chief Financial Officer George Davis plans to depart the company, Qualcomm said on Tuesday, and a person familiar with the situation said Davis planned to join rival Intel Corp .
Lyft falls further from IPO after receiving first 'sell' rating
Lyft Inc's stock sank further below its IPO price on Tuesday after receiving its first negative review from an analyst who is skeptical that consumers will give up car ownership in favor of relying on ride-hailing services.
As stock sinks after Berenberg error, Atos alerts French markets watchdog
Atos said on Tuesday it has alerted the French markets regulator after Berenberg withdrew its downgrade of the software company's stock, which briefly wiped almost 450 million euros ($503.42 million) off its market capitalization.
Canadian Police Raid ‘Orcus RAT’ Author
Canadian police last week raided the residence of a Toronto software developer responsible for authoring and selling “Orcus RAT,” a software product that’s been marketed on underground forums and used in countless malware attacks since its creation in 2015. Its author maintains Orc...