Technology News
Exxon, Ben & Jerry's among buyers of $256 million in political ads on Facebook10/24/2018 12:10:31 AM Facebook Inc's new searchable database of U.S. political ads reveals that companies such as Exxon Mobil Corp, Ben & Jerry's and Penzeys Spices are cumulatively spending millions of dollars to encourage voting and influence how Americans vote.Dyson chooses Singapore over Britain to build electric car10/24/2018 12:09:44 AM James Dyson, the billionaire British inventor of the bagless vacuum cleaner, has chosen to build his electric car in Singapore to be close to Asian customers, supply chains and a highly skilled workforce.CityFibre to invest 2.5 billion pounds in full-fiber for UK homes10/23/2018 11:04:17 PM CityFibre, a British broadband operator backed by Goldman Sachs, said it would spend 2.5 billion pounds ($3.25 billion) on rolling out fiber networks in 37 towns and cities, offering ultra-fast connections to as many as 5 million homes.Target's two-day holiday shipping option beats Amazon, Walmart10/23/2018 9:47:45 PM Target Corp, aiming to one-up retail rivals during the upcoming U.S. holiday shopping season, said on Tuesday it was adding more delivery and pickup options for online shoppers to have items shipped to their homes or ready for quick pick-up at local stores.Wealthfront to offer automated financial planning tool for free10/23/2018 9:34:34 PM Wealthfront, one of the largest digital wealth management startups known as "robo-advisers," will offer its automated financial planning tool for free by the end of the year as it seeks to grow its customer base, it said on Tuesday.Web performance software company Cloudflare readies IPO -sources10/23/2018 9:10:19 PM Cloudflare Inc, a U.S. startup whose software makes websites load faster and with greater security, is preparing for an initial public offering (IPO) that could value it at more than $3.5 billion, people familiar with the matter said.Despite Brazil election turmoil, Facebook stands by WhatsApp limits10/23/2018 8:25:29 PM Facebook Inc's messaging service WhatsApp has no plans to change its group messaging limits in Brazil, an executive said on Tuesday, resisting calls from the leading presidential candidate to allow easier forwarding of viral messages.Apple plans to launch TV subscription service globally: The Information10/23/2018 8:16:32 PM Apple Inc is planning to launch its upcoming TV subscription service in more than 100 countries, technology news website the Information reported on Tuesday, citing three people familiar with the situation.SoftBank's Son cancels Saudi conference speech: sources10/23/2018 8:15:39 PM SoftBank Group Corp Chief Executive Masayoshi Son, whose $93 billion Vision Fund drew nearly half its money from Saudi Arabia, canceled a speaking engagement at the kingdom's investment conference this week, two people familiar with the matter told Reuters.Netflix adds to growing debt pile with $2 billion bond issue10/23/2018 8:06:14 PM (This version of the Oct. 22 story corrects to say new debt will be senior unsecured notes and removes reference to their priority over other debt in the penultimate paragraph)FCC moves to open more spectrum to connected devices10/23/2018 8:00:17 PM The U.S. Federal Communications Commission voted unanimously on Tuesday to open additional spectrum to the growing number of connected devices as it studies whether to tap another largely unused block.Apple's Cook set to back strong privacy laws in Europe, U.S. at Brussels event10/23/2018 7:18:19 PM Apple Chief Executive Tim Cook is expected to praise new European privacy rules and to voice the company's support for strong laws in Europe and the United States to protect the use of data, according to prepared remarks for delivery at a Brussels event.Uber to go all-electric in London, awaits Khashoggi murder facts10/23/2018 7:17:57 PM Uber aims for London to be the first city where all of its taxis will be electric in 2025, with a clean air fee added to rides to help drivers go green, a part of efforts to cut pollution in the British capital, its chief executive said on Tuesday.Facebook's WhatsApp says no plan to lift forwarding limit in Brazil10/23/2018 5:42:36 PM Facebook Inc's popular messaging service WhatsApp has no plan to lift its limit on the number of people who can receive a forwarded message in Brazil, an executive for the company told reporters on Tuesday.London's popularity as tech hub slumps ahead of Brexit10/23/2018 4:30:39 PM London's popularity among Europe's tech startup hubs has slumped as Brexit approaches and the city only kept its top spot in an European industry survey published on Tuesday by a narrow margin.Verizon beats Wall Street estimates, shares hit 18-year high10/23/2018 3:46:04 PM Verizon Communications Inc reported quarterly profit and net new phone subscribers well ahead of Wall Street estimates on Tuesday, as customers took advantage of its subsidies for Apple Inc's latest iPhones late in the quarter.Apple supplier AMS hit by forecast doubts amid chip slowdown10/23/2018 2:16:52 PM Apple chip supplier AMS AG disappointed investors with its fourth quarter forecast, knocking 25 percent off the value of its shares despite the Austrian firm winning deals with other smartphone makers.Autodesk, Flex veterans raise $179 million for manufacturing startup10/23/2018 2:15:01 PM A group of former executives from Autodesk Inc and Flex Ltd has raised $179 million in venture capital for a manufacturing startup that aims to use a combination of robots and new software to remove much of the manual labor from manufacturing electronic devices.Nissan Leaf gets approval for vehicle-to-grid use in Germany10/23/2018 2:01:10 PM Nissan's Leaf became the first electric vehicle (EV) to secure regulatory approval as an energy backstop for Germany's electricity grid, the Japanese carmaker said on Tuesday, something it hopes will attract corporate fleet customers.Xerox beats on profit, misses on revenue under Icahn appointees10/23/2018 1:32:40 PM Xerox Corp fell short on revenue but beat estimates for profit on the back of cost-cutting in its first full quarter under new management backed by activist investors Carl Icahn and Darwin Deason.