Technology News
Uber enters trailer leasing business10/18/2018 9:53:44 AM Uber Technologies Inc [UBER.UL] said on Wednesday it is entering the trailer leasing business.'Enough excuses!' France's Le Maire grows impatient over GAFA tax10/18/2018 9:23:17 AM Europe has talked long enough about whether to make internet giants like Google , Apple and Facebook pay more taxes and it is time for a decision, French Finance Minister Bruno Le Maire said on Thursday.Google to charge smartphone makers for Google Play in Europe10/18/2018 9:18:32 AM Alphabet Inc's Google on Tuesday revamped how it distributes its mobile apps in the European Union, introducing a licensing fee for device makers to access its app marketplace in a response to regulators' findings that it had broken antitrust law.China's unwraps FedEx-style parcel business to bolster sales10/18/2018 9:14:50 AM Chinese e-commerce firm Inc said on Thursday it would add a FedEx-style parcel delivery service to its e-commerce offerings, a move which could help the firm leverage its network of warehouses and drivers to bolster flagging profits.France's OVH to triple spending to take on Google, Amazon in cloud computing10/18/2018 9:02:24 AM French cloud computing company OVH plans to triple investment in the coming years to take on U.S. Internet giants Amazon and Alphabet's Google in this fast-growing sector.Mideast ride-hailing app Careem raises $200 million to expand, expects more funds10/18/2018 8:52:45 AM Middle East ride-hailing company Careem said on Thursday it had secured $200 million in fresh funding from existing investors and that it expects to raise more to finance expansion plans.Hacked, scammed and on your own: navigating cryptocurrency 'wild west'10/18/2018 8:33:23 AM When Peggy and Marco Lachmann-Anke learned in January that hackers cracked a 40-character password and cleaned out their cryptocurrency wallet, they did not go to the police or alert the tokens' issuer, the Berlin-based technology group IOTA.Thousands of Seoul taxi-drivers rally against plans for carpool service10/18/2018 8:18:02 AM Tens of thousands of South Korean taxi-drivers held a rally on Thursday in Seoul, the capital, saying a carpooling service planned by the operator of the country's top chat app would threaten their livelihoods and jobs.China robot market growth to slump this year as trade war weighs10/18/2018 7:59:29 AM Sales of industrial robots in China, the world's biggest market, will grow this year at only about a third of last year as an escalating Sino-U.S. trade war hits spending on equipment, a global robot group said on Thursday.Ericsson tops third-quarter forecasts as savings and 5G sales kick in10/18/2018 7:23:50 AM Mobile telecom equipment maker Ericsson beat third-quarter operating profit forecasts on Thursday, boosted by sales of next-generation 5G gear in North America, and said it was making solid progress toward its long-term financial goals.SAP raises guidance as cloud transformation gathers pace10/18/2018 6:52:10 AM German software company SAP reported a 41 percent jump in cloud revenues in the third quarter as its business transformation gathers pace, enabling management to raise guidance for revenues and profits this year.TSMC third-quarter profit slips 0.9 percent amid trade war uncertainty10/18/2018 6:15:09 AM Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , the world's largest contract chipmaker, reported a 0.9 percent fall in third-quarter net profit, amid worries over trade tensions that could undermine global technology demand.Tax byte: Africans fear trend towards levies on data, services10/18/2018 6:07:56 AM The brisk business Julius Kirya did from his cash transfer kiosk in the Ugandan capital has slowed right down with a new tax on mobile money. Many of his customers have returned to sending banknotes by hand, in some cases via motorbike taxi.Facebook tentatively concludes spammers were behind recent data breach: WSJ10/18/2018 1:26:02 AM Facebook Inc has tentatively concluded that spammers looking to make money, and not a nation-state, were behind the largest-ever data theft at the social media company, the Wall Street Journal reported on Wednesday.At Facebook, public funds join push to remove Zuckerberg as chairman10/17/2018 10:35:02 PM Four major U.S. public funds that hold shares in Facebook Inc on Wednesday proposed removing Chief Executive Officer Mark Zuckerberg as chairman following several high-profile scandals and said they hoped to gain backing from larger asset managers.Spotify takes minor stake in music distributor DistroKid10/17/2018 9:07:56 PM Music streaming service Spotify said on Wednesday it had taken a stake in DistroKid, a distribution service that allows recording artists to upload music across online stores and streaming platforms including Spotify's biggest rival, Apple Music.Seven international banks agree to launch digital trade finance network10/17/2018 9:03:42 PM Seven banks, including HSBC and Banco Santander , have signed a Memorandum of Understanding (MoU) to create a global digital network in trade finance aiming at allowing cheaper and easier funding for corporates, a Santander manager said on Wednesday.Wooing investors, Rwanda hosts first tantalum-tracking blockchain10/17/2018 9:02:35 PM Rwanda's mining boss announced on Tuesday the world's first blockchain project to track tantalum from the pit-face to the refinery, part of a push to woo investors seeking a conflict-free source of minerals.Apple gives U.S. users tool to see what data it has collected10/17/2018 8:50:44 PM Apple Inc on Wednesday rolled out an online tool to users in the United States and several other countries to download, change or delete all the data that the iPhone maker has collected on them.Tesla secures Shanghai site for $2 billion China Gigafactory10/17/2018 7:58:24 PM Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post on Wednesday.