Technology news

• Facebook to clearly label political advertising in Britain

  26-04-2018 16:22
  LONDON (Reuters) - Facebook will introduce new measures to improve transparency around advertising in Britain and require political ads to be clearly label led, an executive said on Thursday, as he faced questions in parliament over a data scandal.
  
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• Exclusive: Chip wars - China closing in on second $19 billion semiconductor fund: sources

  26-04-2018 13:36
  HONG KONG/SHANGHAI (Reuters) - China's state-backed semiconductor fund is near to closing a 120 billion yuan ($18.98 billion)investment round for a second fund to support the domestic chip sector and help cut reliance on imports amid a bruising trade standoff with the United States.
  
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• Facebook to clearly label political advertising in Britain, CTO says

  26-04-2018 13:31
  LONDON (Reuters) - Facebook will introduce new measures to improve transparency around adverts in Britain by June this year and require political ads to be clearly labeled, the firm's Chief Technology Officer told a parliamentary committee.
  
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• Uber to update 'bug bounty' policies after 2016 data breach: executive

  26-04-2018 13:11
  SAN FRANCISCO (Reuters) - Uber on Thursday plans to announce changes to how it rewards cyber researchers who report flaws in its software, a company executive told Reuters, as part of the ride-hailing firm's response to concerns raised about the way it handled a data breach in 2016.
  
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• Autobots Roll Out! - transforming robot unveiled in Japan

  26-04-2018 13:08
  TOKYO (Reuters) - A Transformers-style, humanoid robot that can shape shift into a sports car in about 60 seconds was unveiled in Japan on Wednesday.
  
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• Jewelry companies team up with IBM on blockchain platform

  26-04-2018 12:09
  NEW YORK (Reuters) - Gold and diamond companies including Berkshire Hathaway Inc's Richline Group Inc joined with IBM to develop blockchain technology to track the origin of jewelry and ensure it is ethically sourced, the companies said on Thursday.
  
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• EU moves to regulate tech giants' business practices

  26-04-2018 11:37
  BRUSSELS (Reuters) - Tech giants including Google, Apple and Amazon will for the first time face rules governingtheir commercial relations with smaller businesses under a law proposed by the European Union on Thursday.
  
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• Nintendo switches president after forecasting best annual profit in nine years

  26-04-2018 11:28
  TOKYO/OSAKA (Reuters) - Japan's Nintendo Co Ltdannounced a new president on Thursday and said it expects annual profit to reach a nine-year high, as its Switch games console maintains sales momentum in its second year.
  
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• EU piles pressure on social media over fake news

  26-04-2018 11:20
  BRUSSELS (Reuters) - Tech giants such as Facebook and Google will have to decisively step up their efforts to tackle the spread of fake news online in six months or potentially face further regulation from the European Union.
  
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• Cyber security firm Avast targets $4.5 billion valuation in IPO

  26-04-2018 11:00
  LONDON (Reuters) - Private equity-backed cyber security firm Avast is targeting a market capitalization of between 2.5 billion and 3.2 billion pounds ($3.5-4.5 billion) in its initial public offering (IPO), potentially the biggest London listing since July.
  
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• Tesla's head of Autopilot leaves, ex-Apple exec to succeed

  26-04-2018 10:42
  (Reuters) - Tesla Incsaid on Thursday Jim Keller, the head of its low-voltage hardware, Autopilot software and infotainment, is leaving the automaker to focus on microprocessor engineering with another company.
  
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• U.S. probing Huawei for possible Iran sanctions violations: sources

  26-04-2018 10:36
  NEW YORK/LONDON (Reuters) - U.S. prosecutors in New York have been investigating whether Chinese tech company Huawei [HWT.UL] violated U.S. sanctions in relation to Iran, according to sources familiar with the situation.
  
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• Nokia posts sharp quarterly profit fall, sees 5G accelerating

  26-04-2018 09:23
  HELSINKI (Reuters) - Network equipment maker Nokiaon Thursday posted weaker-than-expected quarterly profits as telecom operators,particularly in North America, held off spending, but it expressed confidence that momentum was building later in 2018.
  
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• Nintendo expects 27 percent annual profit jump on strong Switch sales

  26-04-2018 09:21
  TOKYO (Reuters) - Japan's Nintendo Co Ltd said on Thursday it expects operating profit to rise 26.7 percent in the year through March to a nine-year high, as its Switch games console maintains sales momentum in its second year.
  
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• Revolut becomes Britain's first digital bank unicorn

  26-04-2018 08:11
  LONDON (Reuters) - Financial technology firm Revolut said on Thursday its valuation had jumped by five times in a year to $1.7 billion at its most recent funding round, making it the first of Britain's digital-only banks to reach unicorn status.
  
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• ZTE tells suppliers China trade row may be factor in U.S. ban: source

  26-04-2018 07:32
  NEW YORK (Reuters) - China's ZTE Corpheld a conference call on Wednesday with major suppliers, during which a company representative suggested the trade dispute with Beijing may have been a factor in last week's U.S. order banning American firms from selling goods to the smartphone maker, according to a person familiar with the call.
  
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• Qualcomm easing licensing terms in bid to strike deals

  26-04-2018 06:26
  SAN FRANCISCO (Reuters) - Qualcomm Inc's earnings call on Wednesday showed just how far the company is willing to go to preserve one of its core business practices of taking a cut of the selling price of phones.
  
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• Samsung Electronics flags mobile weakness as chips power record first-quarter profit

  26-04-2018 06:23
  SEOUL (Reuters) - Samsung Electronics Co Ltdsaid weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers.
  
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• Facebook's rise in profits, users shows resilience after scandals

  26-04-2018 05:27
  (Reuters) - Facebook Incshares rose on Wednesday after the social network reported a surprisingly strong 63 percent rise in profit and an increase in users, with no sign that business was hurt by a scandal over the mishandling of personal data.
  
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• Army to ramp up robot use over next decade

  26-04-2018 04:56
  ​The Australian Army plans to ramp up its use of robotics and autonomous systems in ground combat over the next decade, it has been revealed.
  
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• Transform your network to support digital business

  26-04-2018 03:41
  Networking will be critical infrastructure for digital business initiatives over the next five years. Just as digital business forces a rethinking of fundamental business processes, IT infrastructure leaders must rethink networking from data centre to cloud to device, from people to process to products.
  
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• Melbourne IT to rebrand as Arq Group, create 270 jobs

  26-04-2018 03:00
  ​Melbourne IT is rebranding as Arq Group, as it repositions itself as a ‘complete, strategic digital partner’.
  
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• Qualcomm chip sales indicate some smartphone strength

  26-04-2018 01:55
  (Reuters) - U.S. chipmaker Qualcomm Inc'squarterly profit and revenue topped Wall Street forecasts, suggesting that a slowdown in the global smartphone business might be less severe than feared after a string of weak forecasts from suppliers.
  
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• PayPal quarterly profit beats estimates, shares rise

  26-04-2018 01:02
  (Reuters) - PayPal Holdings Inc on Wednesday reported first-quarter profit that beat Wall Street estimates as the payment processor benefited from higher volumes of mobile payments and strong merchant services business.
  
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• Microsoft faces new legal ​challenge over Windows 10

  26-04-2018 00:19
  Federal prosecutors in Brazil have asked a court to force Microsoft to change its default installation process for Windows 10, which they said violated several local laws by collecting user data without their "express consent."
  
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• Hotel key cards, even invalid ones, help hackers break into rooms

  26-04-2018 00:17
  By getting hold of a widely used hotel key card, an attacker could create a master key to unlock any room in the building without leaving a trace, Finnish security researchers said in a study published this week, solving a 14-year-old mystery.
  
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• Trump, top aides talk trade with Apple CEO Cook at White House

  26-04-2018 00:13
  US President Donald Trump and two top aides talked about trade issues with Apple chief Tim Cook as the White House prepares to try to avert a trade war with China, a manufacturing hub for the iPhone maker.
  
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