Technology News
Intelsat says satellite made by Boeing fails4/18/2019 9:08:10 PM Satellite operator Intelsat S.A. said on Thursday one of its satellites made by Boeing Co has failed due to an anomaly related to its propulsion system.Pinterest, Zoom shares surge in market debuts after IPOs4/18/2019 9:05:45 PM Shares of Pinterest Inc surged almost 30 percent in their stock market debut on Thursday, valuing the online scrapbook company at around $16 billion and signaling investor appetite for new tech listings.Automakers invest heavily in electric vehicles despite still-low demand4/18/2019 7:23:45 PM Demand for electric vehicles remains low in the U.S. market, but industry executives at the New York auto show this week said they are pushing ahead with billions of dollars in investments even while preaching patience.Samsung gets reports of Galaxy Fold screen problems, raising specter of Note 7 fiasco4/18/2019 6:14:01 PM Samsung Electronics Co Ltd said it has received "a few" reports of damage to the displays of samples of its upcoming foldable smartphone, raising the prospect of a less-then-smooth entry for the splashy $1,980 handset.Zoom starts trading at $65 per share, 80 percent above IPO price4/18/2019 5:45:18 PM Video conferencing company Zoom Video Communications opened at $65 per share on Thursday, 80.6 percent above its initial public offering price, in its debut on the Nasdaq.Explainer: Betting on the past? Europe decides on connected car standards4/18/2019 5:19:43 PM The European Commission's push to implement a Wi-Fi standard for connected cars has won the support of lawmakers in a victory for Germany's Volkswagen, although competitor BMW and other backers of a rival technology still hope to overturn the decision.Google lets Android users in Europe choose rival browsers, search engines4/18/2019 5:05:33 PM Users of Android devices in Europe will be able to choose rival browsers and search engines from five options starting on Thursday, a senior Google executive said, as the company tries to quell EU antitrust concerns and stave off fresh penalties.Uber unveils safety measures after college student's murder4/18/2019 3:58:26 PM Uber Technologies Inc said it was rolling out new safety features to help riders avoid fake rideshare drivers, two weeks after the murder of a college student who got into her killer's car mistakenly believing it was her ride.Visual China fined over false photo copyright claims4/18/2019 3:02:38 PM Visual China Group Co Ltd, the largest Chinese stock images provider, said on Thursday that a subsidiary has been fined by internet authorities, days after it falsely claimed copyright of prominent images.China's Huawei makes second attempt at Brazil smartphone market4/18/2019 2:48:09 PM China's Huawei Technologies Co Ltd is making a second attempt at cracking the Brazilian smartphone market, the fourth-largest in the world, with the launch of two high-end handsets this month, after its cheaper offerings failed to catch on earlier in the decade.Factbox: T. Rowe Price sheds most of its Tesla stake4/18/2019 2:32:37 PM T. Rowe Price, once the second-largest investor in Tesla Inc after Chief Executive Officer Elon Musk, has shed most of its stake in the electric carmaker in a series of transactions over the last two quarters.Facebook says it uploaded email contacts of up to 1.5 million users4/18/2019 2:00:24 PM Facebook Inc said on Wednesday it may have "unintentionally uploaded" email contacts of 1.5 million new users since May 2016, in what seems to be the latest privacy-related issue faced by the social media company.New Apple lab uses robots to rip apart devices for recycling materials4/18/2019 12:58:24 PM Apple Inc is notorious for keeping what happens in its laboratories a closely guarded secret. But the iPhone maker plans to share openly everything that happens in its newest lab in Austin, Texas.May the shopping be with you: French supermarket tests robot delivery4/18/2019 12:48:58 PM Four decades after R2-D2 delivered a vital message from Princess Leia in the hit movie "Star Wars", a French supermarket group plans to use robots inspired by the drum-shaped droid to transport food to customers in Paris.Tencent wins key approval to sell Nintendo's Switch in China4/18/2019 11:54:15 AM China's Tencent has won a key approval to start selling the Nintendo Switch in the country, paving the way for the console to enter the world's largest video games market two years after it was first released worldwide.TSMC upbeat on chip outlook after Apple-Qualcomm settlement; first quarter disappoints4/18/2019 10:06:04 AM Taiwan's TSMC struck an upbeat note about the outlook for the depressed global chip market, betting that a rollout of faster 5G mobile network would buoy demand, even as it posted its steepest quarterly profit drop in more than seven years.Samsung could become one of Orange's providers for French 5G license4/18/2019 10:04:47 AM Samsung Electronics could become one of Orange's providers for a possible 5G telecoms frequency in France, said Orange's head Stephane Richard on Thursday.China EV maker Byton says business as usual despite management upheaval4/18/2019 8:56:13 AM Chinese electric vehicle (EV) maker Byton, which is facing a management shake-up and questions about funding an expansion, said it has received over 50,000 orders globally for its new SUV model and plans to start production at the end of this year.Pinterest valued at $12.7 billion in IPO, sign of tech demand after Lyft struggles4/18/2019 8:36:53 AM Pinterest Inc's initial public offering set the online scrapbook company's valuation at $12.7 billion on Wednesday, above its expectations and a sign of strength for the tech IPO market after Lyft Inc's struggles.Amazon, facing entrenched rivals, says to shut China online store4/18/2019 8:30:05 AM Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world's most populous nation.