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Tesla sticks by Model 3 target, warns spending could rise in 2018
SAN FRANCISCO (Reuters) - Tesla Incsaid on Wednesday it was sticking with Chief Executive Elon Musk's revised production targets for its Model 3 electric sedan, but posted its worst-ever quarterly loss, and warned that spending would increase slightly this year.
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Before lawsuit, Uber fell out with 'big brother' Google, Kalanick testifies
SAN FRANCISCO (Reuters) - Just a few years ago, Uber Technologies Inc saw itself as the little brother to Alphabet Inc, but that cozy bond quickly dissolved into a turf war and ultimately a high-stakes legal battle, a jury heard on Wednesday.
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The ‘always on’ CIO
Today’s CIO is expected to have the email disease and be 24/7 in ‘on’ mode.It is a behavior that is easy to spot in the office and on the move.We all see people on the street and in the workplace that are constantly tapping on their smart devices.
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Developers prefer learning over money, but still want money
An Accenture survey also shows that most platforms are poor at providing good content
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US bill would block government from using Huawei, ZTE equipment
Two Republican Senators introduced legislation on Wednesday that would block the U.S. government from buying or leasing telecommunications equipment from Huawei or ZTE citing concern the Chinese companies would use their access to spy on U.S. officials.
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Senators propose bill to block U.S. from using Huawei, ZTE equipment
WASHINGTON (Reuters) - Two Republican Senators introduced legislation on Wednesday that would block the U.S. government from buying or leasing telecommunications equipment from Huawei Technologies Co Ltd [HWT.UL] or ZTE Corp, citing concern the Chinese companies would use their access to spy on U.S. officials.
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'Grand Theft Auto' maker Take-Two posts profit on tax gain
(Reuters) - Take-Two Interactive Software Inc posted on Wednesday a profit for the holiday quarter as the videogame publisher benefited from a gain due to recent changes to the U.S. tax law.
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Android developers get programming extensions for Kotlin
The beta Android KTX extensions should make coding in Kotlin more concise and idiomatic
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Alphabet shifts thermostat maker Nest into Google
SAN FRANCISCO (Reuters) - Alphabet Inc merged smart thermostat maker Nest, which had operated as an independent unit, into its Google hardware group, the company announced in a blog post on Wednesday.
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Zynga beats bookings estimate as 'Words With Friends 2', 'CSR Racing 2' deliver
(Reuters) - Zynga Inc, creator of the once popular online game "FarmVille", reported fourth-quarter bookings above analysts' estimate, driven by the success of its mobile games such as "Words With Friends 2" and "CSR Racing 2".
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Dell Boomi rides the IPaaS wave
Dell Boomi, Dell’s integration platform as a service offering, is claiming triple digit growth in the Asia Pacific and Japan region on the back of what it says is a growth in hybrid cloud environments requiring organisations to integrate cloud based and on-premises applications.
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Australian man among those arrested in Infraud takedown
A US federal indictment unsealed overnight charged 36 people for their alleged roles running the Infraud online forum.
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Amazon's market value on verge of beating out Microsoft
SAN FRANCISCO (Reuters) - Amazon.com Incon Wednesday was on the verge of ending the day with a stock market value higher than Microsoft Corp'sfor the first time, as the online shopping behemoth weathered the recent turmoil on Wall Street.
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U.S. shuts down cyber crime ring launched by Ukrainian
WASHINGTON (Reuters) - The U.S. Justice Department announced one of its largest-ever takedowns of a global cyber crime ring on Wednesday, saying it had indicted 36 people accused of trafficking in stolen identities and causing more than $530 million in losses to consumers.
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France, Germany want progress on taxing tech giants
PARIS (Reuters) - France and Germany intensified calls on Wednesday for U.S. technology giants to pay more tax in the European Union, with Paris saying the new bill could amount to billions of euros.
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As cryptominers eye Quebec, forest companies see opportunity
MONTREAL (Reuters) - At least two Canadian forestry companies are reviewing offers by cryptocurrency miners who want to lease excess mill space in Quebec, a province where electricity prices are among the lowest in North America.
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Canada's Trudeau to meet Amazon CEO Bezos during U.S. visit
OTTAWA (Reuters) - Canadian Prime Minister Justin Trudeau will meet Amazon.comChief Executive Jeff Bezos on Thursday during a tour of three major U.S. cities this week to bolster support for the North American Free Trade Agreement, which is being renegotiated.
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Big Tech should pay more taxes: German coalition
BERLIN (Reuters) - The two political parties seeking to form Germany's next government want big companies to pay more tax, according to a coalition agreement whose text singled out U.S. tech giants by name.
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Uber, Yandex complete ride services merger
MOSCOW (Reuters) - Uber and Russia's Yandex have completed a deal to combine their ride-sharing businesses in Russia and neighboring countries, Yandex said on Wednesday.
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Google eyes gaming with 'Yeti' streaming service: report
(Reuters) - Alphabet Inc's Google is developing a subscription-based game streaming service that could work either on its Chromecast or a Google-made console, which is still being developed, the Information website reported on Wednesday.
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An investor's best friend? Israel Diamond Exchange launches digital coins
RAMAT GAN, Israel (Reuters) - Israel's diamond exchange is turning to digital currencies to inject new life into a marketplace long ruled by cash and backroom handshakes, but it must first persuade traditionally conservative players that the technology can work.
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Does your IT roadmap include martech?
As a technology leader, if you don’t know the marketing team down the hall, now is the time to introduce yourself.
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Enter the robots: automation fills gaps in east Europe's factories
PAPA, Hungary (Reuters) - Plant manager Gabor Kiraly remembers the meeting a couple of years ago when he and his Austrian bosses learnt how severe the worker shortage in Hungary was about to become - it was, he said, a "shocking realization".
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Bangladesh to sue Manila bank over $81 million heist
DHAKA (Reuters) - Bangladesh's central bank will file a lawsuit against a Philippines bank for its role in one of the world's biggest cyber-heists two years ago, a deputy governor said on Wednesday.
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Kalanick returns to court in Waymo-Uber autonomous car secrets trial
SAN FRANCISCO (Reuters) - Former Uber Chief Executive Officer Travis Kalanick is expected to testify at trial for a second day on Wednesday, responding to rival Waymo's allegations that Uber expressly hired a star Waymo engineer to gain self-driving car technology trade secrets.
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Goldman in talks with Apple to finance iPhone sales: WSJ
(Reuters) - Goldman Sachsis in talks to offer financing to shoppers buying Appleproducts including iPhones, the Wall Street Journal reported on Wednesday.
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Swisscom tightens security after sales partner breached
ZURICH (Reuters) - Data on around 800,000 Swisscom customers leaked when security at an external sales partner was breached, prompting the Swiss group to tighten access to its files, it said on Wednesday.
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Toyota seeks India sales boost with aspirational, global-spec models
NEW DELHI (Reuters) - Toyota Motor Corp will bring to India models with global specifications, its local unit head told Reuters, as it seeks to boost sales in the world's fifth largest passenger car market by appealing to buyers' increasingly aspirational tastes.
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Chinese regulator raps internet firms over vulgar content
BEIJING/SHANGHAI (Reuters) - A Chinese content regulator has rapped major tech companies, including Alibaba Holding Ltd, Tencent Holdings Ltd and Baidu Inc, for not doing enough to root out "harmful information" published on their platforms.
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Esports get a cool reception at winter Games
GANGNEUNG, South Korea (Reuters) - Esports have descended on the Olympics, bringing professional gamers to South Korea's first winter Games, but some athletes warming up for real action on nearby slopes are not impressed.
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Telecom Italia plans to confer network assets in fully-owned company
ROME (Reuters) - Telecom Italia plans to confer all of its fixed line network assets into a separate company which will be fully controlled by the group, Chief Executive Amos Genish said on Wednesday.
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China's Didi sets up electric car-sharing platform
BEIJING/SHANGHAI (Reuters) - Chinese ride-hailing giant Didi Chuxing is setting up an electric car sharing service with 12 automakers, including BYD Co Ltd, local partners of Ford Motor Co and the Renault-Nissan-Mitsubishi alliance.
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Japan's SoftBank aims to list domestic telecoms unit this year
TOKYO (Reuters) - SoftBank Group Corp said on Wednesday that it wants to list its Japanese telecoms unit this year as CEO Masayoshi Son moves to complete the transformation of the company he founded from domestic telecoms upstart into one of the world's biggest technology investors.
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SoftBank prepares for telecoms IPO, CEO aims for this year
TOKYO (Reuters) - SoftBank Group Corp said on Wednesday that it wants to list its Japanese telecoms unit this year, a move towards completing its transformation from a domestic telecoms upstart into one of the world's biggest technology investors.
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Renault-Nissan alliance, Didi Chuxing to explore China electric car-sharing tie-up
BEIJING (Reuters) - The Renault-Nissan-Mitsubishi alliance said on Wednesday it has signed a memorandum of understanding with car-hailing service company Didi Chuxing to explore future business cooperation on a new electric car-sharing service in China.
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Apple brings Alibaba-linked payment system into China stores amid market push
BEIJING/SHANGHAI (Reuters) - Apple Inc will accept Chinese mobile payment app Alipay in its local stores, boosting its ties with giant e-commerce firm Alibaba Group Holding Ltd amid a push by the iPhone maker to revive growth in the world's No.2 economy.
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Microsoft trains up Aussie car makers in tech skills initiative
Former Holden car manufacturing workers are set to become the country’s latest tech experts thanks to a new initiative launched by Microsoft Australia.
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Samsung to begin investing in new domestic memory chip line: Yonhap
SEOUL (Reuters) - Samsung Electronics Co Ltd has decided to begininvestment to build a second memory chip line at its Pyeongtaek production facilities in South Korea, Yonhap news agency reported on Wednesday.
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CBA expects $375m hit from AUSTRAC court stoush
The Commonwealth Bank has earmarked $375 million to pay for penalties arising from legal action launched against it by AUSTRAC, Australia’s anti-money-laundering watchdog.
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Samsung Elec to begin investing in new memory chip line in South Korea: Yonhap
SEOUL (Reuters) - Samsung Electronics Co Ltd has decided to begin initial investment to build a new memory chip line at its production facilities in South Korea, wire service Yonhap reported on Wednesday.
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Alphabet names former Time Warner Cable executive to lead internet unit
SAN FRANCISCO (Reuters) - Alphabet Inc said it named a former Time Warner Cable chief operating officer as chief executive officer of its internet service company, marking the unit's third CEO in less than two years.
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Snapchat overhaul convinces investors it can fight Instagram
(Reuters) - Snapchat owner Snap Inc on Tuesday reported surging growth in users and revenue in its latest quarter, reviving hopes that it can survive competition with Facebook Inc's Instagram and sending its shares up more than 20 percent.
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Australia’s New Payments Platform: How voice biometrics can help prevent fraud
The introduction of New Payments Platform (NPP) is tipped to be one of the biggest changes affecting the Australian financial industry in 2018. The NPP will allow instant payments for customers between their banks and other service providers.
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New NBN exec to oversee enterprise push
NBN has announced that Paul Tyler will lead its business sales and marketing division.
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Spotify generates third quarter revenue of $1.2 billion: The Information
(Reuters) - Music streaming service Spotify had revenue of a billion euros ($1.24 billion) in its third-quarter, putting it on track for a full year revenue of more than 4 billion euros ($4.95 billion), The Information website reported on Tuesday.
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In trade-secrets trial, subdued Kalanick says Uber trailed in self-driving cars
SAN FRANCISCO (Reuters) - Former Uber Chief Executive Officer Travis Kalanick testified at a trial over technology trade secrets on Tuesday that delays in Uber's self-driving car development led him to hire a star engineer from rival Waymo as part of attempts to catch up with competitors.
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Government pushes ahead with national facial recognition system
Home affairs minister Peter Dutton has introduced legislation that will lay the basis for a national facial recognition scheme accessible to federal, state and territory government agencies.
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Akamai revenue, profit top estimates on robust cloud demand
(Reuters) - Akamai Technologies Inc'sprofit and revenue topped analysts' estimates on Tuesday, and the company said it had cut about 400 positions, or 5 percent of its global workforce.
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