Technology

DETROIT/SAN FRANCISCO (Reuters) – Lei Xu and Justin Song once worked at electric carmaker Tesla Inc (TSLA.O), one of the hottest companies in Silicon Valley. But with interest and investments in autonomous vehicles mounting, they left to pursue what they see as the next big thing. Nullmax CEO Lei Xu drives a Lincoln MKZ sedan
0 Comments
(Reuters) – Intel Corp (INTC.O), the world’s largest computer chipmaker, raised its full-year revenue and profit forecasts, helped by strong growth in its data center business. Intel’s logo is pictured at Tokyo Game Show 2017 in Chiba, east of Tokyo, Japan, September 21, 2017. REUTERS/Kim Kyung-Hoon For the full year, the company said it expects
0 Comments
SAN FRANCISCO (Reuters) – General Electric Co (GE.N) will use more alliances to build its digital-industrial business in coming years, Chief Executive Officer John Flannery said on Wednesday, suggesting the industrial conglomerate will curb spending in that area. Microsoft Chief Executive Satya Nadella and General Electric Chief Executive John Flannery speak at General Electric Company’s
0 Comments
TOKYO (Reuters) – Toyota Motor Corp said its solid-state battery technology under development could be a “game changer” for electric vehicles, but that does not mean it is moving away from hydrogen-powered fuel-cell vehicles. Toyota Motor Corp. Executive Vice President Didier Leroy presents the company’s Concept-i series as a screen shows the company’s President Akio
0 Comments
LONDON (Reuters) – Britain’s markets watchdog said it has opened an investigation into the hacking of U.S. credit reporting agency Equifax, which affected nearly 700,000 UK citizens. FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta, Georgia, U.S., September 8, 2017. REUTERS/Tami Chappell/File Photo “The Financial Conduct Authority announces today that
0 Comments
(Reuters) – Amazon.com Inc (AMZN.O) has received 238 proposals from cities and regions across North America vying to host the company’s second headquarters, it said on Monday. The skyline is seen in Chicago, Illinois, U.S., October 19, 2017. Chicago is one of the U.S. cities competing to house Amazon.com Inc’s second headquarters “Amazon HQ2”. REUTERS/John
0 Comments
(Reuters) – The U.S government issued a rare public warning about hacking campaigns targeting energy and industrial firms, the latest evidence that cyber attacks present an increasing threat to the power industry and other public infrastructure. FILE PHOTO: U.S. Department of Homeland Security emblem is pictured at the National Cybersecurity & Communications Integration Center (NCCIC)
0 Comments
NEW YORK (Reuters) – Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies. FILE PHOTO: A Bitcoin sign
0 Comments
(Reuters) – Amazon.com Inc’s (AMZN.O) Whole Foods Market said on Friday it had replaced affected point-of-sale systems at venues located within some stores where payment card information had been stolen. FILE PHOTO: The Whole Foods Market in Superior, Colorado, United States July 26, 2017. REUTERS/Rick Wilking/File Photo The upscale grocer last month disclosed card information
0 Comments
LAGUNA BEACH, Calif. (Reuters) – Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp (9984.T) and Middle East sovereign wealth funds, have extinguished hopes that the technology IPO market would bounce back this year. These deep-pocketed financiers, which have traditionally invested in the public markets but are seeking
0 Comments
TAIPEI (Reuters) – Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd (TSMC) on Thursday said supply-chain inventory constraints pulled down net profit in the third quarter, albeit by a lesser degree than analysts had estimated. The world’s largest contract chipmaker also forecast revenue growth of about 10 percent in the fourth quarter when sales begin
0 Comments
TAIPEI (Reuters) – Taiwan’s economics ministry said it is “deeply concerned” about the antitrust agency imposing a $775 million fine on Qualcomm Inc (QCOM.O), in a rare public display of disagreement between authorities. Taiwan’s Fair Trade Commission (FTC) fined Qualcomm last week, saying the U.S. chipmaker had abused its monopolistic position by opting against licensing
0 Comments
(Reuters) – JPMorgan Chase & Co said on Tuesday it would acquire online payment provider WePay as the bank looks to integrate payments into software used by small businesses. WePay’s technology, popular among small businesses, helps online software service providers like FreshBooks and crowdfunding websites such as GoFundMe process payments without impacting the user experience
0 Comments
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday agreed to resolve a major privacy dispute between the Justice Department and Microsoft Corp (MSFT.O) over whether prosecutors should get access to emails stored on company servers overseas. The justices will hear the Trump administration’s appeal of a lower court’s ruling last year preventing federal prosecutors
0 Comments