Technology News
White House to host meeting with tech executives on Huawei ban: sources7/20/2019 12:50:04 AM White House economic adviser Larry Kudlow will host a meeting with semiconductor and software executives on Monday to discuss the U.S. ban on sales to China's Huawei Technologies Co Ltd, two sources briefed on the meeting said on Friday.
Equifax nears deal to pay about $700 million to settle U.S. data breach probes: WSJ7/20/2019 12:02:51 AM Credit reporting company Equifax Inc is close to a deal to pay around $700 million to settle data breach probes with U.S. regulators and states, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Four Republican lawmakers ask Trump to move forward with $10 billion Pentagon cloud contract7/19/2019 9:44:08 PM Four Republican members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Defense Department.
Confusion builds over U.S. ban on Chinese surveillance technology7/19/2019 7:49:53 PM Contractors who buy and install Hikvision and Dahua surveillance systems told U.S. officials on Friday that an ambiguous law that bans purchases from the two Chinese companies could harm their businesses.
Trump tells France's Macron U.S. concerned with proposed digital services tax7/19/2019 6:53:34 PM U.S. President Donald Trump spoke with French President Emmanuel Macron on Friday and expressed concerns about the country's proposed digital services tax, the White House said.
UK delay on Huawei 5G decision harming ties, lawmakers say7/19/2019 3:24:09 PM A powerful committee of British lawmakers on Friday urged the next prime minister to decide quickly on the role China's Huawei will have in next-generation 5G telecommunications networks to avert more damage to Britain's international relations.
Fed's Bullard sees cryptocurrencies shifting U.S. financial system7/19/2019 3:23:22 PM Cryptocurrencies are changing the U.S. currency system in ways that may facilitate illegal activity and instability in prices, St. Louis Federal Reserve President James Bullard said on Friday.
Italy's watchdog says single network controlled by TIM would be 'backward step'7/19/2019 2:39:28 PM A single network entity controlled by Italy's former monopoly phone group Telecom Italia (TIM) would be a "backward step", the country's communication watchdog chief Angelo Cardani said on Friday.
Russian lawmakers propose making local software mandatory on smartphones7/19/2019 1:48:48 PM Russian lawmakers want to make it a legal requirement for all smartphones, computers and smart TV sets sold in Russia to come pre-installed with certain Russian software in a bid to support domestic software producers, according to a draft bill.
Britain to cut Huawei decision from telecoms review: sources7/19/2019 12:53:17 PM Britain plans to publish the results of a long-awaited telecoms supply chain review next week without a decision on the use of equipment made by China's Huawei in future 5G networks, people with knowledge of the matter told Reuters.
Microsoft shares hit record highs, powered by growing cloud sales7/19/2019 12:49:17 PM Microsoft Corp on Thursday beat analysts' estimates for fourth-quarter revenue and profit, driven by continued sales increases from its cloud business and sending its shares to all-time highs.
China's intelligence law looms over EU 5G safeguards: official7/19/2019 11:54:36 AM The European Union cannot ignore China's National Intelligence Law, which requires Chinese citizens to support state information-gathering, as Brussels seeks rules for super-fast mobile networks, a senior EU official said on Friday.
G7 urges tough Libra regulation, agrees to tax digital giants7/19/2019 10:11:19 AM Digital currencies such as Facebook's planned Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the world's financial system, Group of Seven finance ministers and central bankers said on Thursday.
Netflix sinks on subscriber losses, analysts still see growth7/19/2019 9:22:36 AM Wall Street brokerages stuck to a positive outlook on Netflix Inc on Thursday, betting that a strong content slate for the rest of 2019 would reverse shock second-quarter losses in U.S. subscribers that sank its stock price.
Toyota, China's BYD team up to develop battery EVs7/19/2019 9:12:15 AM Toyota Motor said it would develop battery electric vehicles (EVs) and batteries with BYD Co Ltd, in a sign it was ramping up partnerships with Chinese players as planned to build affordable EVs for the world's top auto market.
SoftBank raises $270 million via Seoul unit for early-stage investments7/19/2019 8:51:00 AM SoftBank Group Corp said on Friday its Seoul-based venture capital unit focusing on early-stage investments has raised a 317 billion won ($270 million) fund.
Oyo founder to buy back $2 billion worth stake in SoftBank-backed Indian co7/19/2019 8:45:58 AM Indian hospitality startup Oyo Founder Ritesh Agarwal raised his stake in the company with a $2 billion buyback, in a move that will bring his ownership closer to biggest investor SoftBank Corp .
ITV, BBC to offer BritBox at 6 pounds per month in UK7/19/2019 8:37:56 AM per month, giving subscribers access to hit shows such as "Love Island", "Gentleman Jack" and "Coronation Street".
Wirecard to handle card payments for ALDI supermarket chains7/19/2019 5:28:11 AM Wirecard, the German payments company, said on Friday it had signed an agreement with supermarket chains ALDI Nord and ALDI Sued to process card payments at all their stores in the country.
BMW, Tencent to open computing center in China for self-driving cars7/19/2019 5:12:18 AM German automaker BMW and Chinese online gaming giant Tencent Holdings are teaming up to launch a computing center in China that will help develop self-driving cars in the world’s biggest auto market, the companies said on Friday.