Technology News
India's Infosys says CFO Ranganath has tendered resignation8/18/2018 6:52:17 AM The Chief Financial Officer of Infosys Ltd has tendered his resignation just seven months after India's second-biggest software services exporter appointed a new Chief Executive Officer.Indonesia's Go-Jek close to profits in all segments, except transport: CEO8/18/2018 4:41:21 AM Go-Jek, Indonesia's first billion-dollar startup, is "extremely close" to achieving profitability in all its segments, except transportation, its founder and CEO Nadiem Makarim told Reuters.Exclusive: U.S. government seeks Facebook help to wiretap Messenger - sources8/17/2018 11:42:17 PM The U.S. government is trying to force Facebook Inc to break the encryption in its popular Messenger app so law enforcement may listen to a suspect's voice conversations in a criminal probe, three people briefed on the case said, resurrecting the issue of whether companies can be compelled to alter their products to enable surveillance.Tencent-backed Qutoutiao files for U.S. IPO8/17/2018 10:18:22 PM Chinese content aggregator Qutoutiao Inc, which is backed by technology giant Tencent Holdings Ltd, filed for an initial public offering of up to $300 million with the U.S. Securities and Exchange Commission on Friday.Tesla stock sinks after Musk gives tearful NYT interview8/17/2018 8:00:44 PM Tesla Inc's shares slumped 9 percent on Friday after Chief Executive Officer Elon Musk told the New York Times he was under major emotional stress and was preparing for "extreme torture" from short sellers.Nvidia forecast lags Wall Street as crypto demand evaporates8/17/2018 6:37:43 PM Nvidia Corp shares fell as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise beat expectations.Investors query funding costs at a private Tesla8/17/2018 6:27:28 PM Several Tesla Inc shareholders have told Reuters they are concerned that the electric car maker will have to pay more to fund its growth if it becomes a private company and loses the ability to sell new shares to stock market investors.Angry Birds maker Rovio's games get sales boost8/17/2018 4:34:07 PM Rovio Entertainment , the maker of the "Angry Birds" mobile game series and movie, on Friday reported an increase in second-quarter sales at its games business, providing a positive sign for investors after a profit warning in February.U.S. value stocks capitalize on 'FANG' stumbles, with room to run8/17/2018 4:29:43 PM The summer roller-coaster in two of the four big-cap 'FANG' names - Facebook Inc, Inc, Netflix Inc and Google-parent Alphabet Inc - has led to a shift, albeit slight, into value stocks.Uber to push further into East Africa with services like Chap Chap8/17/2018 3:30:21 PM Uber [UBER.UL] the global ride-hailing company, is considering expanding into two other East African countries before the end of 2018, focusing on low cost services like Chap Chap in Kenya, the company said on Friday.Musk's SpaceX could help fund take-private deal for Tesla: NYT8/17/2018 3:00:50 PM Elon Musk's rocket company, SpaceX, could help fund a bid to take electric car company Tesla Inc private, the New York Times reported on Thursday, quoting people familiar with the matter.Uber opens Brazil center to improve driver, passenger safety8/17/2018 2:50:50 PM Ride-hailing company Uber Technologies Inc [UBER.UL] plans to open a 250 million reais ($64 million) center in Brazil to develop technology to improve safety for its riders and drivers, including for drivers to accept cash, a key payment method in its rapid expansion in Latin America, the company said on Friday.Brazil mall executives shrug off looming expansion8/17/2018 2:12:18 PM Fears of e-commerce taking off in Brazil have sunk shares of the country's big mall operators this year, but industry executives expressed confidence that local shopping habits, the reputation of malls as public spaces safe from crime and other factors will help them avoid the shakeout that has hit their U.S. peers.British watchdog says cryptocurrency scams on the rise8/17/2018 12:38:17 PM Cryptocurrency scams are using images of celebrities and upmarket London addresses to hoodwink consumers into parting with cash, Britain's Financial Conduct Authority has said.Google employees demand more oversight of China search engine plan8/17/2018 7:38:32 AM Google is not close to launching a search engine app in China, its chief executive said at a companywide meeting on Thursday, according to a transcript seen by Reuters, as employees of the Alphabet Inc unit called for more transparency and oversight of the project.Turk Telekom, Turkey's Vestel clinch deal after Erdogan call to snub iPhone8/17/2018 7:21:46 AM Turkish fixed-line operator Turk Telekom said on Friday that it clinched a cooperation deal with Vestel after President Tayyip Erdogan called on Turks to use locally-made mobile phones instead of Apple's iPhone.Apple reassures customers after Australian media reports hack by teen8/17/2018 3:35:12 AM Apple Inc said on Friday no customer data was compromised after Australian media reported a teenager had pleaded guilty to hacking into its main computer network, downloading internal files and accessing customer accounts.Whistleblower accuses Tesla of spying on employees at Gigafactory: attorney8/17/2018 2:13:02 AM An employee fired from Tesla Inc's Nevada battery factory filed a whistleblower complaint with the U.S. Securities and Exchange Commission, accusing the company of spying on employees and failing to act after learning that a Mexican cartel may be dealing drugs inside the plant, his attorney said on Thursday.As Nvidia expands in artificial intelligence, Intel defends turf8/17/2018 1:27:47 AM Nvidia Corp dominates chips for training computers to think like humans, but it faces an entrenched competitor in a major avenue for expansion in the artificial intelligence chip market: Intel Corp .U.S. judge blocks programs letting 'Grand Theft Auto' players 'cheat'8/17/2018 1:20:25 AM A federal judge on Thursday awarded Take-Two Interactive Software Inc , the maker of the "Grand Theft Auto" series, a preliminary injunction to stop a Georgia man from selling programs that it said helps players cheat at the best-selling video game.