Technology news

• Anheuser-Busch orders up to 800 hydrogen-fueled big rigs

  03-05-2018 16:32
  SEATTLE (Reuters) - Budweiser beer maker Anheuser-Busch said on Thursday it reserved up to 800 hydrogen-fueled semi-trucks from Nikola Motor Company as part of plans to convert its dedicated long-haul fleet to renewable powered trucks by 2025.
  
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• Germany demands more privacy safeguards from Facebook: report

  03-05-2018 16:31
  BERLIN (Reuters) - Germany's justice minister has asked FacebookChief Executive in a letter to be transparent with users by giving them more control, saying allegations of the improper use of data for millions of people is unacceptable, a German media group reported on Thursday.
  
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• Technology policy can unlock investment and diversify economy - The Australian

  03-05-2018 16:06
  Technology policy can unlock investment and diversify economy
  The Australian
  The federal government's release this week of a new science and technology policy for national security could unlock hundreds of millions of dollars in investment. It provides defence scientists, myself included, with the increased clarity needed to ...and more »
  
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• Nigeria's Internet fraudsters zero in on corporate email accounts

  03-05-2018 15:35
  ABUJA (Reuters) - West Africa's infamous internet scammers have evolved, dropping their impersonations of online love interests, princes and U.S. soldiers in favor of hijacking corporate emails, costing businesses hundreds of millions of dollars a year.
  
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• Australians' technology spending switches as online services surge - Daily Telegraph

  03-05-2018 13:27
  Daily Telegraph
  Australians' technology spending switches as online services surge
  Daily Telegraph
  AUSTRALIANS are online for more than four hours every day and spending more money than ever on technology but what we are paying for is changing dramatically. Every adult spends an average $2465 each year on technology and digital services, according ...
  
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• Born in a dishwasher drawer, an Italian spin on currency mining

  03-05-2018 12:44
  FLORENCE, Italy (Reuters) - Two Italian entrepreneurs are raising up to 20 million euros ($25 million) as they try to carve out a new niche in crypto-currency mining - a dream that began in a dishwasher drawer.
  
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• In U.S. Gulf, robots, drones take on dangerous offshore oil work

  03-05-2018 12:03
  HOUSTON (Reuters) - At BP's massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility to the sea floor.
  
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• What technology is the modern farmer eyeing off at Agfest? - ABC Online

  03-05-2018 10:43
  ABC Online
  What technology is the modern farmer eyeing off at Agfest?
  ABC Online
  Australia's largest agricultural field days in Tasmania has attracted farmers who are cashed-up off a bumper season and looking to gain a technological edge on their competitors. Agfest at Carrick in Tasmania's north boasts hundreds of exhibitors and ...
  
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• China's Xiaomi picks Hong Kong for $10 billion IPO, lifts lid on financials

  03-05-2018 10:38
  BEIJING/HONG KONG (Reuters) - Chinese smartphone and connected device maker Xiaomi [IPO-XMGP.HK] is bringing its blockbuster initial public offering to Hong Kong, where it could raise about $10 billion in the largest listing globally in almost four years.
  
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• After a year of Macron, start-up hum grows at Paris's Station F

  03-05-2018 09:30
  PARIS (Reuters) - If there's one industry Emmanuel Macron has sought to tie his political fortunes to since storming to victory in France's presidential election last May, it's technology.
  
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• Australia's Commonwealth Bank says records of nearly 20 mln accounts lost

  03-05-2018 08:40
  SYDNEY (Reuters) - Commonwealth Bank of Australia (CBA), the country's top lender, confirmed on Thursday it lost records of almost 20 million accounts and decided to not inform its clients, a breach the nation's prime minister called "an extraordinary blunder".
  
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• Poorest U.S. consumers seen hit hard by T-Mobile, Sprint merger

  03-05-2018 08:21
  (Reuters) - The poorest U.S. consumers would lose most from the proposed tie-up of wireless carriers T-Mobile US Incand Sprint Corp , according to consumer advocates who warned the combined company would raise fees for pre-paid and other low-cost mobile phone plans.
  
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• Facial recognition proposal creates infrastructure for ‘mass surveillance’

  03-05-2018 07:55
  The Australian Human Rights Commission has warned that bills to create a national facial recognition service will have an “unprecedented” impact on Australians’ privacy.
  
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• 'World-leading' technology to snap drivers using phones behind the wheel - 2GB

  03-05-2018 07:52
  2GB
  'World-leading' technology to snap drivers using phones behind the wheel
  2GB
  NSW Parliament has passed world-leading technology to capture drivers texting behind the wheel. The red-light-style cameras are part of the state government's latest road safety reforms. Chris Smith says the new technology has the potential to ...
  
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• China's Xiaomi files for mega Hong Kong tech IPO, lifts lid on financials

  03-05-2018 06:48
  BEIJING/HONG KONG (Reuters) - Smartphone and connected device maker Xiaomi [IPO-XMGP.HK] filed for a Hong Kong initial public offering on Thursday that could raise $10 billion and become the largest listing by a Chinese technology firm in almost four years.
  
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• GM bets on 3D printers for cheaper and lighter car parts

  03-05-2018 06:17
  DETROIT (Reuters) - General Motors Co said on Thursday it was working with design software company Autodesk Inc to manufacture new, lightweight 3D-printed parts that could help the automaker meet its goals to add alternative-fuel vehicles to its product lineup.
  
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• The price of Musk cutting off analysts? For Tesla, it's $2 billion

  03-05-2018 04:17
  SAN FRANCISCO (Reuters) - Ducking analysts' questions has a price: $2 billion.
  
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• HP inks compensation agreement over printer cartridge lock-in

  03-05-2018 04:01
  HP Inc. subsidiarity HP PPS Australia Pty Ltd will compensate customers who bought printers equipped with a feature designed to prevent the use of third-party manufactured ink cartridges.
  
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• Spotify hits wrong note with new customer forecast

  03-05-2018 02:34
  LONDON/BENGALURU (Reuters) - Spotify Technology SA missed the beat on Wednesday. The streaming music leader fell short of investor hopes that it could turn free music listeners into paying subscribers at a faster clip, and its shares dropped as much as 9 percent.
  
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• New Zealand unprepared for AI

  03-05-2018 02:29
  It could increase GDP by up to $54 billion by 2035, but a report on the state of Artificial Intelligence in New Zealand, shows that this country is generally unprepared for this disruptive technology.
  
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• Cambridge Analytica shuts up shop

  03-05-2018 01:11
  Cambridge Analytica, the firm embroiled in a controversy over its handling of Facebook user data, and its British parent SCL Elections Ltd, are shutting down immediately after suffering a sharp drop in business, the company has announced.
  
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• No need to fret, CBA says of mammoth data breach

  03-05-2018 01:07
  The Commonwealth Bank says there is “no evidence of customer information being compromised or suspicious activity” as a result of copies of financial data relating to some 19.8 million customer accounts being misplaced in 2016.
  
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• Facebook employee fired over bragging about access to user information

  03-05-2018 01:05
  (Reuters) - Facebook Inc on Thursday said that it fired an employee accused of bragging on matchmaking app Tinder about his access to private user information.
  
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• U.S. safety agency says 'did not assess' Tesla Autopilot effectiveness

  03-05-2018 00:59
  WASHINGTON (Reuters) - A U.S. traffic safety regulator on Wednesday contradicted Tesla Inc's claim that the agency had found that its Autopilot technology significantly reduced crashes, saying that regulators "did not assess" the system's effectiveness in a 2017 report.
  
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• Apple services segment faces margin, competitive challenges

  03-05-2018 00:04
  (Reuters) - Apple Inc is betting on services such as app downloads and music subscriptions to help drive growth as the cell phone market matures, but the company faces tough competitors and potentially low profit margins in some of its target areas.
  
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• Amazon makes bid to spoil Walmart-Flipkart deal: report

  03-05-2018 00:02
  BENGALURU/MUMBAI (Reuters) - Amazon.com Inc has made a formal offer to buy 60 percent of Flipkart, CNBC-TV18 reported on Wednesday, potentially complicating Walmart Inc's bid for majority ownership of the Indian online retailer.
  
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