TECHNEWS

Subscribe to TECHNEWS feed TECHNEWS
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Updated: 28 sec ago

AI on the menu as Nokia chairman goes back to school

Fri, 10/06/2017 - 17:17
HELSINKI (Reuters) - He runs a company that is a byword for technological innovation -- but Nokia's chairman had no qualms about going back to school to learn more about artificial intelligence (AI).
Categories: TECHNOLOGY NEWS

Data-center provider Switch surges in debut

Fri, 10/06/2017 - 16:27
(Reuters) - Shares of Switch Inc, which provides data center services to Amazon, eBay and JP Morgan among others, rose 34 percent in their market debut on Friday, giving the company a market capitalization of $5.63 billion.
Categories: TECHNOLOGY NEWS

Russia: Greek ruling on Russian bitcoin fraud suspect is illegal

Fri, 10/06/2017 - 15:48
MOSCOW (Reuters) - Russia said on Friday a decision by a Greek court to clear the way for a suspected Russian money launderer to be extradited to the United States was a violation of international law.
Categories: TECHNOLOGY NEWS

Keeping the competition out: Iran startups thrive despite sanctions

Fri, 10/06/2017 - 13:13
LONDON (Reuters) - Low on cash but high on hope, Iran's technology entrepreneurs are learning to live with revived hostility in the United States and growing suspicion - or worse - from hardliners at home.
Categories: TECHNOLOGY NEWS

Chinese state media report bloated battery in Apple's iPhone 8

Fri, 10/06/2017 - 11:38
BEIJING (Reuters) - A fresh case of Apple Inc's new iPhone popping open due to a swollen battery has been reported in state media in China, the world's biggest smartphone market where the U.S. firm is seeking to revive faltering sales.
Categories: TECHNOLOGY NEWS

China approves HP's $1.1 billion buy of Samsung's printer business with curbs

Fri, 10/06/2017 - 05:50
BEIJING (Reuters) - China said on Thursday it has approved HP Inc's $1.1 billion purchase of Samsung Electronics' printer business with certain restrictions, citing concerns about the U.S. firm's dominance of the domestic laser printer market.
Categories: TECHNOLOGY NEWS

Elliott's Gigamon bid stalls amid price disagreements: sources

Fri, 10/06/2017 - 02:19
(Reuters) - Hedge fund Elliott Management Corp's attempt to acquire U.S. networking software maker Gigamon Inc has ground to a halt over price disagreements, people familiar with the matter said on Thursday.
Categories: TECHNOLOGY NEWS

Russian hackers stole U.S. cyber secrets from NSA: media reports

Fri, 10/06/2017 - 02:17
WASHINGTON (Reuters) - Russian government-backed hackers stole highly classified U.S. cyber secrets in 2015 from the National Security Agency after a contractor put information on his home computer, two newspapers reported on Thursday.
Categories: TECHNOLOGY NEWS

Switch Inc's IPO prices at $17 per share

Fri, 10/06/2017 - 01:24
(Reuters) - Switch Inc raised about $531.3 million from its initial public offering which was priced at $17 per share, making the data-center operator the second-largest U.S. technology listing this year.
Categories: TECHNOLOGY NEWS

Social media executives to testify Nov. 1 about Russia and U.S. election

Fri, 10/06/2017 - 00:32
WASHINGTON (Reuters) - Executives from Facebook Inc , Twitter Inc and Alphabet Inc's Google have been asked to testify about Russian meddling in the 2016 U.S. election before a House of Representatives panel on Nov. 1, a congressional aide said on Thursday.
Categories: TECHNOLOGY NEWS

Russian hackers stole U.S. cyber secrets from NSA: WSJ

Thu, 10/05/2017 - 22:20
WASHINGTON (Reuters) - Russian government-backed hackers stole highly classified U.S. cyber secrets in 2015 from the National Security Agency after a contractor put information on his home computer, the Wall Street Journal reported on Thursday, citing unnamed sources.
Categories: TECHNOLOGY NEWS

Boeing-backed, hybrid-electric commuter plane to hit market in 2022

Thu, 10/05/2017 - 21:08
NEW YORK (Reuters) - A Seattle-area startup, backed by the venture capital arms of Boeing Co and JetBlue Airways Corp announced plans on Thursday to bring a small hybrid-electric commuter aircraft to market by 2022.
Categories: TECHNOLOGY NEWS

As Ford pushes into electric vehicles, U.S. union aims to save jobs

Thu, 10/05/2017 - 20:41
DETROIT (Reuters) - The United Auto Workers is talking with Ford Motor Co about ways to avoid layoffs as the No. 2 U.S. automaker builds more electric vehicles, a senior union official told Reuters on Thursday.
Categories: TECHNOLOGY NEWS

Russian hackers get U.S. cyber defense details from NSA: WSJ

Thu, 10/05/2017 - 20:29
WASHINGTON (Reuters) - Russian government-backed hackers in 2015 stole U.S. secrets on how to penetrate foreign computer networks and protect against cyberattacks after a National Security Agency contractor put highly classified information on his home computer, The Wall Street Journal reported on Thursday, citing unidentified sources.
Categories: TECHNOLOGY NEWS

Shopify defends itself after Citron criticism

Thu, 10/05/2017 - 19:12
TORONTO (Reuters) - Shopify Inc defended its business model on Thursday, a day after short-seller Citron Research criticized the internet-commerce software provider's marketing practices, wiping about $1.5 billion off its market value.
Categories: TECHNOLOGY NEWS

Switch IPO the latest to limit investor voting rights

Thu, 10/05/2017 - 19:03
SAN FRANCISCO (Reuters) - When data center operator Switch Inc goes public on Friday it will be the latest tech firm using special shares to limit the rights of minority investors, making it ineligible for inclusion in the S&P 500 under new rules meant to deter such practices.
Categories: TECHNOLOGY NEWS

Netflix ups U.S. fees for first time since 2015

Thu, 10/05/2017 - 18:37
(Reuters) - Netflix Inc's U.S. business announced the first rises in monthly fees in two years on Thursday, hiking costs for two of its three main subscription plans as it spends heavily on its own original content.
Categories: TECHNOLOGY NEWS

UPS, FedEx down on report of Amazon's own delivery service

Thu, 10/05/2017 - 18:05
(Reuters) - Shares of United Parcel Service Inc and FedEx Corp fell on Thursday after a report that Amazon.com Inc was testing its own delivery service, potentially encroaching on the territory of the package delivery companies.
Categories: TECHNOLOGY NEWS

Netflix increases monthly subscription fees for two plans

Thu, 10/05/2017 - 16:53
(Reuters) - Netflix Inc has raised the monthly subscription fees for two out of its three main U.S. plans by $1 and $2 respectively, according to details published on the company's subscription page on Thursday.
Categories: TECHNOLOGY NEWS

Netflix ups monthly subscription fees for two plans

Thu, 10/05/2017 - 16:27
(Reuters) - Netflix Inc has raised the monthly subscription fees for two out of its three main U.S. plans by $1 and $2 respectively, according to details published on the company's subscription page on Thursday.
Categories: TECHNOLOGY NEWS

Pages