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China targets cryptocurrencies in online pyramid scheme crackdown

Fri, 01/19/2018 - 11:32
(Reuters) - China will crack down on online pyramid schemes, including speculation masked as cryptocurrencies and online games, the public security ministry said on Friday.
Categories: TECHNOLOGY NEWS

Huawei founder, top executives to pay $469,000 fine for management oversight

Fri, 01/19/2018 - 09:51
HONG KONG (Reuters) - Top executives of Huawei Technologies Co [HWT.UL], including founder Ren Zhengfei, will pay a self-imposed fine totaling 3 million yuan ($469,000) for management oversight of some quality breaches at the firm, an internal company memo shows.
Categories: TECHNOLOGY NEWS

Nokia signs its first official 5G equipment deal with NTT DoCoMo

Fri, 01/19/2018 - 09:03
FRANKFURT (Reuters) - Finland's Nokia said on Friday it signed its first major deal to supply new 5G wireless radio base stations to Japanese telecom operator NTT DoCoMo, which boasts nearly half of the country's mobile subscribers.
Categories: TECHNOLOGY NEWS

Bitcoin use under scrutiny in Indonesian island of Bali

Fri, 01/19/2018 - 08:58
JAKARTA/KUTA, Indonesia (Reuters) - Indonesian authorities are investigating the use of bitcoin in the holiday island of Bali, amid warnings by the central bank in Southeast Asia's biggest economy over the risks posed by virtual currencies, an official said.
Categories: TECHNOLOGY NEWS

Google announces patent agreement with Tencent amid China push

Fri, 01/19/2018 - 05:31
BEIJING (Reuters) - Alphabet Inc's Google has agreed to a patent licensing deal with Tencent Holdings Ltd as it looks for ways to expand in China where many of its products, such as app store, search engine and email service, are blocked by regulators.
Categories: TECHNOLOGY NEWS

SEC says bitcoin funds raise 'investor protection issues'

Fri, 01/19/2018 - 04:56
(Reuters) - The U.S. securities regulator on Thursday raised alarm about the safety of bitcoin-themed investments, telling the fund industry they want answers to their concerns before endorsing more than a dozen proposed products based on cryptocurrencies.
Categories: TECHNOLOGY NEWS

South Korean group files complaint against Apple CEO over iPhone slowdown

Fri, 01/19/2018 - 04:38
SEOUL (Reuters) - A South Korean consumer group has filed a criminal complaint against Apple Inc CEO Tim Cook over slower iPhone devices, after probes in Europe into allegations the firm had deliberately shortened the life of its handsets.
Categories: TECHNOLOGY NEWS

SEC questions prospects of bitcoin ETFs

Fri, 01/19/2018 - 04:21
(Reuters) - The U.S. Securities and Exchange Commission (SEC) has questioned the prospects of bitcoin exchange-traded funds saying there are a significant number of investor protection issues about cryptocurrencies and related products that need to be examined.
Categories: TECHNOLOGY NEWS

Apollo-owned security firm ADT's IPO prices below target

Fri, 01/19/2018 - 02:16
(Reuters) - U.S. security company ADT Corp , owned by private equity firm Apollo Global Management LLC , said on Thursday its initial public offering (IPO) was priced well below its expected range, signaling investors are being picky about new offerings.
Categories: TECHNOLOGY NEWS

IBM returns to growth after six years, but dour forecast hits shares

Fri, 01/19/2018 - 02:03
(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters, beating analysts' estimates, but the company warned that a higher tax rate this year would eat into its profit.
Categories: TECHNOLOGY NEWS

SoftBank is now Uber's largest shareholder as deal closes

Fri, 01/19/2018 - 01:34
SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.
Categories: TECHNOLOGY NEWS

Home security company ADT Inc's IPO priced at $14 per share

Fri, 01/19/2018 - 01:14
(Reuters) - ADT Inc, a provider of security monitoring services, said on Thursday that its initial public offering was priced at $14 per share, below the expected range of $17 to $19.
Categories: TECHNOLOGY NEWS

Apple, Alphabet employee buses damaged by vandals during commute

Fri, 01/19/2018 - 00:32
SAN FRANCISCO (Reuters) - Vandals damaged Apple Inc and Alphabet Inc charter buses carrying employees to and from work in California's Silicon Valley in recent days, police said on Thursday.
Categories: TECHNOLOGY NEWS

IBM returns to growth, but shares drop after recent rally

Thu, 01/18/2018 - 23:23
(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company's shift into its focus areas such as cloud computing and security services gains traction.
Categories: TECHNOLOGY NEWS

Apple to release software update to resolve iPhone slowdown: CEO

Thu, 01/18/2018 - 23:17
(Reuters) - Apple Inc will release a software update that will allow users to turn off a feature that slows down iPhones when batteries are low on charge, Chief Executive Tim Cook told ABC News.
Categories: TECHNOLOGY NEWS

Apple says it will decide new campus site without an auction

Thu, 01/18/2018 - 22:52
(Reuters) - Apple Inc said on Thursday that it will not hold a bidding process when it chooses the site for a planned new U.S. campus, marking a stark difference from the public contest that Amazon.com Inc has held for its second headquarters.
Categories: TECHNOLOGY NEWS

Amazon's review of Toronto could escalate tension with Trump

Thu, 01/18/2018 - 22:44
TORONTO (Reuters) - Amazon.com Inc inclusion of Canada's largest city on a list of 20 finalists for a massive new campus could escalate tensions between the tech giant and U.S. President Donald Trump.
Categories: TECHNOLOGY NEWS

IBM's first revenue rises in nearly six years tops estimates

Thu, 01/18/2018 - 22:31
(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company's shift into its focus areas such as cloud computing and security services gains traction.
Categories: TECHNOLOGY NEWS

IBM's revenue rises for the first time in nearly six years

Thu, 01/18/2018 - 22:26
(Reuters) - International Business Machines Corp's quarterly revenue rose for the first time in nearly six years, largely due to growth in its focus areas such as cloud and security services.
Categories: TECHNOLOGY NEWS

Senate passes bill renewing internet surveillance program

Thu, 01/18/2018 - 21:34
WASHINGTON (Reuters) - The U.S. Senate on Thursday passed a bill to renew the National Security Agency’s warrantless internet surveillance program for six years with minimal changes, overcoming objections from civil liberties advocates that it undermined the privacy of Americans.
Categories: TECHNOLOGY NEWS

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