Tech

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. The case could affect bidding for Twenty-First Century Fox Inc. Shares of AT&T fell 1.8 percent in trading on Friday after U.S. officials signaled they would appeal a federal judge’s approval […]

Tesla Inc. has delivered 200,000 electric cars to buyers in the United States, a spokesperson said on Thursday, meaning tax credits will now begin to be lowered, while rivals such as Mercedes-Benz, BMW AG, and Audi AG will bring electric models to the market with a full tax credit in place. Under a major tax […]

The SEMICON West conference was held at Moscone Center in San Francisco from July 10 to 12. It is a three-day event and draws attendees from around the world. SEMICON West is organized by SEMI Americas to connect more than 2,000 member companies and 1.3 million professionals worldwide to advance the technology and business of […]

SAN FRANCISCO (Reuters)—U.S. authorities charged a former Apple Inc. employee with stealing trade secrets on Monday, accusing him of downloading a blueprint related to a self-driving car to a personal laptop before trying to flee the country for China, according to a criminal complaint filed in federal court. The complaint said the former employee, Xiaolang […]

SAN FRANCISCO—Uber Technologies Inc’s Chief People Officer Liane Hornsey resigned in an email to staff on Tuesday, following an investigation into how she handled allegations of racial discrimination at the ride-hailing firm. The resignation comes after Reuters contacted Uber on Monday about the previously unreported investigation into accusations from anonymous whistleblowers that Hornsey had systematically […]

(Reuters)—AT&T Inc. has partnered with Magic Leap Inc., an augmented reality startup backed by tech giants Google and Alibaba, to exclusively sell its wireless gadgets in the United States, the telecom company said on Wednesday. Magic Leap said it will demo https://www.twitch.tv/magicleap its first product later in the day—a lightweight, wearable computer with augmented reality […]

Facebook will be hit by a ₤500,000 ($660,323) fine by British regulators over the Cambridge Analytica scandal that saw the personal data of 87 million Facebook users accessed by the company. The UK’s Information Commissioner Elizabeth Denham said on July 11 that she would fine the company over breaches of data protection law. Denham said […]

SAN FRANCISCO—U.S. authorities charged a former Apple employee with stealing trade secrets on July 9, accusing him of downloading a blueprint related to a self-driving car onto his personal laptop before trying to flee the country for China, according to a criminal complaint filed in federal court. The complaint said the former employee, Zhang Xiaolang, disclosed intentions […]

ATHENS—Greece’s biggest telecom operator OTE Group flicked the switch on the first “fiber-to-the-home” ultra-fast internet connection on Tuesday, which will help the country make a leap to faster speeds within the next four years. Greece, which is slowly recovering from a protracted recession and exits its third international bailout in August, needs new generation infrastructure […]

Amazon.com Inc. said on Tuesday it planned to build a new fulfillment center in Canada’s capital Ottawa that would create more than 600 full-time jobs. The center, which is the company’s fifth in the province of Ontario, will pick, pack, and ship large items such as household decor, sporting equipment, and gardening tools, the company […]

Twitter Inc said on Monday it has removed fake accounts but that does not impact its reported user metrics as was indicated in a report by The Washington Post. The newspaper had said the social media company had suspended more than 70 million fake accounts in May and June, leading to a decline of monthly […]

Four senior U.S. House Republicans sent letters on Monday to the chief executives of Apple Inc and Google parent Alphabet Inc asking questions about location data and mobile phone privacy practices and the handling of customer data. The chairman of the Energy and Commerce Committee, Greg Walden, along with three other senior Republicans on the […]

MUMBAI (Reuters) – Samsung Electronics has formally opened a new factory in India, which the South Korean tech group says is the world’s biggest mobile phone manufacturing plant, part of its plans to expand production in the world’s fastest growing major mobile phone market. The factory in Noida, on the outskirts of New Delhi, will […]

The Lynq’s innovative, compact, and waterproof people tracker locates its target anywhere, with no cell phone needed, by utilizing a new approach to GPS. This nifty little gadget can track locations of up to 12 people, making it ideal for groups in crowds or on the slopes, while its easy to attach a carabiner and […]

BRUSSELS—BMW, Daimler, Deutsche Telekom and Ericsson have urged the European Commission to back a technology for connected cars they believe would help speed up the rollout of 5G mobile networks across the bloc. The call comes as the EU executive prepares to draw up rules to apply to cars connected to the internet, a market […]

NEW YORK—Citigroup Inc is facing a unique dilemma among the four largest U.S. banks: it is light on deposits from individuals, an important funding source that costs little and tends to stick around. While big rivals grew deposits dramatically after the 2007-2009 financial crisis from their broad networks of branches, Citigroup backed out of all […]

Aiming to speed up and declutter the browser yet provide a revenue stream for content providers and advertisers, Brave has begun testing its blockchain based digital advertising platform which will pay opt-in users to browse. Brave’s ad-free browser sheds the trackers and cleans out the cookies that slow down page loads, while providing anonymity for […]

FRANKFURT—PayPal Holdings Inc is on the lookout for further acquisitions following its recent takeover of iZettle, the Swedish fintech startup, for $2.2 billion, in the U.S. payments company’s biggest ever deal. “We have a healthy balance sheet and we are ready to put it to work to buy more companies,” President and CEO Dan Schulman told Germany’s Handelsblatt business daily […]

PAHOA, Hawaii—Dressed in heavy cotton, a helmet and respirator, Jessica Ball worked the night shift monitoring “fissure 8,” which has been spewing fountains of lava as high as a 15-story building from a slope on Hawaii’s Kilauea volcano. The lava poured into a channel oozing toward the Pacific Ocean several miles away, creating an eerie […]

According to a report by the Washington Post, Twitter Inc. suspended over 70 million accounts over the two months. Twitter, along with other social media sites, has fallen under scrutiny by U.S. lawmakers for not regulating an preventing the false content that circulates the platform. During the months of May and June, Twitter reportedly suspended more than […]