Technology news

• Cryptocurrency stocks holding gains despite bitcoin pullback

  22-12-2017 20:09
  NEW YORK (Reuters) - Stocks that surged in recent weeks because of the cryptocurrency mania have managed to hold onto most of their gains despite the recent retreat in the price of bitcoin and skepticism from market participants.
  
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• CNN to end daily Snapchat show 'The Update' from 2018

  22-12-2017 17:50
  (Reuters) - Time Warner Inc's CNN will stop producing its daily show on Snap Inc's Snapchat app, called the "The Update", from 2018, the two companies said on Friday.
  
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• Troubled jQuery mobile and UI projects seek new participants

  22-12-2017 17:04
  Because of diminished resources, the two JavaScript-related projects are being merged
  
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• Qualcomm board rejects Broadcom, Silver Lake director nominees

  22-12-2017 14:17
  (Reuters) - Qualcomm Inc on Friday rejected the 11 director nominees picked by Broadcom Ltd and private-equity firm Silver Lake Partners, likely setting the stage for a bitter proxy battle between the chipmakers.
  
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• U.S. experts resign from monitoring China’s ZTE Corp: sources

  22-12-2017 13:07
  (Reuters) - Two consulting firms hired to help the United States police ZTE Corp’s compliance with trade sanctions have resigned, according to four people familiar with the matter.
  
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• Nippon Steel aims to be ready for electric vehicles era

  22-12-2017 12:45
  TOKYO (Reuters) - Nippon Steel & Sumitomo Metal Corp is preparing for an era of electric vehicles (EV) which require lighter materials by seeking advances in technology and possibly joining forces with makers of other materials.
  
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• Belarus adopts crypto-currency law to woo foreign investors

  22-12-2017 12:20
  MINSK (Reuters) - Belarus has legalized transactions in crypto-currencies, part of a drive to foster private sector growth and attract foreign investment by liberalizing parts of its Soviet-style economy.
  
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• As energy markets evolve, blockchain powers up

  22-12-2017 10:24
  SINGAPORE (Reuters) - Energy startups have been using blockchain to power electricity sharing in microgrid trials from Texas to Tasmania for a year or so.
  
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• Britain's digital banks: profitable or just popular?

  22-12-2017 09:12
  LONDON (Reuters) - British app-based bank Monzo and others like it want to make money by allowing other firms access to their customers rather than lending to them, but this is an untested path to profitability.
  
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• Robot growing pains: Two U.S. factories show tensions of going digital

  22-12-2017 08:06
  COLUMBUS, Ind. (Reuters) - When Sandy Vierling took a job at a new robot-packed factory her company built just a few miles from an older plant where she made automotive exhaust systems, she crossed into the future of manufacturing in the United States.
  
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• Bracing for EV shift, NGK Spark Plug ignites all solid-state battery quest

  22-12-2017 07:17
  NAGOYA, Japan (Reuters) - Facing the eventual demise of gasoline engines, the world's biggest maker of spark plugs is turning its focus to a component it believes will be just as vital in the coming era of electric vehicles - next-generation all solid state batteries.
  
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• Japan Display says reports of seeking funds not true, wants partner

  22-12-2017 03:56
  TOKYO (Reuters) - Smartphone screen maker Japan Display Inc said in a statement on Friday that recent reports that it was seeking funds were not true, and that it was seeking a partnership with a "global company".
  
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• Exclusive: IPO hopeful Xiaomi set to blow past 2017 revenue target - sources

  22-12-2017 03:54
  HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has told bankers it would top its annual revenue target by as much as 18 percent, sources with knowledge of the matter said, marking a comeback from a sales slump in recent years that triggered a business overhaul.
  
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• Alphabet's Eric Schmidt to step down as executive chairman

  22-12-2017 03:51
  SAN FRANCISCO (Reuters) - Alphabet Incsaid on Thursday its Executive Chairman Eric Schmidt will step down in January, ending a 17-year-run in which he played a central role in building a promising startup called Google into a global technology powerhouse.
  
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• Exclusive: U.S. experts resign from monitoring China’s ZTE Corp - sources

  22-12-2017 03:40
  (Reuters) - Two consulting firms hired to help the United States police ZTE Corp’s compliance with trade sanctions have resigned, according to four people familiar with the matter.
  
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• In Silicon Valley, much-feared tax bill pays dividends for workers

  22-12-2017 03:38
  SAN FRANCISCO (Reuters) - The U.S. tax overhaul is a boon to Silicon Valley technology companies like Apple Incand Alphabet Inc , which will enjoy big tax cuts and the chance to bring back billions of dollars from overseas at a reduced rate.
  
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• Sharp Corp to appoint co-chief executives starting Jan. 1: Nikkei

  22-12-2017 00:30
  (Reuters) - Japan's Sharp Corp may appoint co-chief executives starting from Jan. 1, the Nikkei newspaper reported on Friday.
  
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• Australia's digital agriculture dream stymied as government scrimps on broadband

  22-12-2017 00:20
  SYDNEY (Reuters) - Gooda Creek Farm, located just outside Australia's capital city of Canberra, exemplifies the country's agricultural ambitions - a boutique producer that sells more than 2,000 kilograms a week of highly sought shiitake mushrooms to domestic and Asian consumers.
  
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