Technology news

• Exclusive: Jeff Bezos plans to charge at least $200,000 for space rides - sources

  13-07-2018 23:38
  Jeff Bezos' rocket company plans to charge passengers about $200,000 to $300,000 for its first trips into space next year, two people familiar with its plans told Reuters.
  
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• AT&T CEO confident Time Warner deal on solid ground

  13-07-2018 23:38
  The U.S. Justice Department has only a remote chance of overturning AT&T Inc's takeover of Time Warner, Chief Executive Randall Stephenson said on Friday, adding that the move could affect the bidding war for Twenty-First Century Fox Inc.
  
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• Republican Senator Rubio slams lifting of U.S. ban on China's ZTE

  13-07-2018 23:28
  Republican U.S. Senator Marco Rubio criticized on Friday the decision by the United States to lift a ban on suppliers selling to ZTE Corp <000063.SZ), allowing China's second-largest telecommunications equipment maker to resume business.
  
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• Cisco sinks on report Amazon wading into networking equipment

  13-07-2018 22:23
  Shares of Cisco Systems Incand other network equipment makers fell on Friday after a report that Amazon.com Inc'scloud services business was considering selling its own network switches to business customers at much lower prices.
  
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• U.S. sanctions seen barring IT platform of insurer Lloyd's for Iran trade

  13-07-2018 20:42
  New U.S. sanctions are likely to prevent the use of a Lloyd's of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country.
  
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• EU digital chief urges lawmakers to ease tough copyright stand

  13-07-2018 20:16
  EU digital chief Andrus Ansip on Friday called EU lawmakers to tone down their tough line on copyright reforms as Europe races to agree rules which will force tech giants to share revenues with publishers, broadcasters and artists.
  
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• Microsoft seeks regulation of facial recognition technology

  13-07-2018 18:38
  Microsoft Corp on Friday called for government regulation of facial recognition technology and for laws governing its acceptable uses.
  
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• Xerox explores sale of leasing finance unit: sources

  13-07-2018 18:14
  Xerox Corp is considering the sale of a leasing unit that lends money to customers to rent printers and equipment, to make itself more attractive to potential acquirers following the termination of its $6.1 billion sale to Fujifilm Holdings Corp, people familiar with the matter said on Friday.
  
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• Kenya Uber to keep fares unchanged for now following drivers' strike

  13-07-2018 17:23
  Uber's [UBER.UL] business in Kenya said on Friday it will keep its fares unchanged for now, after associations representing taxi drivers in the country signed a deal giving guidelines for better fares and working conditions.
  
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• China's Leshi sees wider first half net losses as business falters

  13-07-2018 17:13
  Embattled Chinese tech firm Leshi Internet and Technology said it expected a bigger net loss in the first six months of the year and saw the possibility of continued losses in the second half if its business operations did not improve.
  
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• India's Infosys retains revenue forecast as seeks recovery

  13-07-2018 16:38
  India's second-biggest IT firm Infosys Ltd retained its revenue outlook for the fiscal year to March, with its chief executive upbeat about demand for the company's services in the key markets of United States and Europe.
  
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• China's ZTE sees heavy losses in first half due to U.S. penalty

  13-07-2018 15:34
  Chinese telecoms equipment group ZTE Corpsaid on Friday it expected to record a net loss in the first half of the year due to the hefty fine it agreed in order to lift a U.S. ban on component supplies.
  
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• China must improve core technology innovation, says Xi

  13-07-2018 13:59
  China must improve its core technology innovation, President Xi Jinping told a top government decision-making body on Friday, saying it was key to national security and high-quality economic development.
  
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• Silicon Valley employees flex newfound political muscles

  13-07-2018 10:32
  Employees at several of the world’s biggest technology companies have been exercising newfound political power where they work, pushing their bosses on business ethics with help from established and fledgling nonprofit groups.
  
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• China central bank says cannot refuse, discriminate against cash payments

  13-07-2018 10:26
  Companies or individuals cannot refuse or discriminate against cash payments, China's central bank said on Friday, but stressed the rules won't apply to online payments and unmanned stores.
  
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• Facebook says Indonesian user data not misused

  13-07-2018 07:54
  Social media giant Facebook has assured the Indonesian government that personal data of about one million of its citizens had not been improperly accessed by political consultancy Cambridge Analytica.
  
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• Rio Tinto’s ‘world’s biggest robot’ makes first driverless delivery

  13-07-2018 04:23
  ​Rio Tinto’s fully autonomous train has completed its first delivery of iron ore between the miner’s Mount Tom Price mine and the port of Cape Lambert, the organisation announced today.
  
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• Apple launches $300 million green energy fund in China

  13-07-2018 03:15
  Apple Incwill launch a $300 million clean energy fund in China, the firm said in a statement on Friday, working with its suppliers to invest in renewable energy projects that could power close to 1 million homes in the country.
  
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• Katy Perry, Elon Musk and Donald Trump lose followers after Twitter policy change

  13-07-2018 02:53
  A Twitter policy change on Thursday to increase the service's credibility cost its 100 most popular users about two per cent of their followers, on average, according to social media data firm Keyhole.
  
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• Top Twitter users lose 2 percent of followers on average as policy changes

  13-07-2018 02:48
  A Twitter Incpolicy change on Thursday to increase the service's credibility cost its 100 most popular users about 2 percent of their followers, on average, according to social media data firm Keyhole.
  
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• Broadcom loses US$19 billion in market value after bid to buy CA

  13-07-2018 02:40
  ​Chipmaker Broadcom Inc's surprise bid to buy software company CA Inc for US$18.9 billion wiped off the same amount from its market value on Thursday, with investors and analysts struggling to find a clear reason for the deal.
  
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• Microsoft Teams takes fight to Slack with freemium model

  13-07-2018 01:31
  ​Microsoft has launched a free version of its collaboration app Teams, which can be used without an Office 365 subscription.
  
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