Technology News
China fund managers slash ZTE valuation after U.S. sanction4/23/2018 11:39:04 AMSHANGHAI - Chinese funds have slashed valuations of ZTE Corp after the United States banned American companies from selling components to the telecoms equipment maker for seven years, a move ZTE said threatened its very survival.Facebook's hidden data haul troubles German cartel regulator4/23/2018 1:37:07 PMBONN, Germany - That the personal data of tens of millions of Facebook users fell into the wrong hands is troubling politicians, but Germany's top competition regulator is questioning the sheer volume of information that the social network harvests.Amazon to double down on groceries; foray deeper into fresh produce in India4/22/2018 11:14:11 PMBENGALURU - Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five years, as it moves to broaden offerings in the segment and foray into areas such as fresh produce.Toshiba still aiming to complete sale of memory chip unit soon4/23/2018 5:27:33 AMTOKYO - Toshiba Corp said on Monday it is still aiming to complete the sale of its memory chip business soon, following media reports it had decided to cancel the $18.6 billion sale if it did not get approval from Chinese regulators by May.Australian regulator flags scrutiny of Uber Eats4/23/2018 4:43:37 AMSYDNEY - The head of Australia's competition regulator said on Monday it will scrutinize contracts between Uber Technologies Inc [UBER.UL] and restaurants that use its food delivery app Uber Eats.UK finance firms urged to work together to fight cyber crime4/23/2018 3:44:15 AMLONDON - Britain's financial firms need to pull together to fight cyber crime, working with government and law enforcement to attack criminals' infrastructure and put them out of business, a report by KPMG and industry body UK Finance said on Monday.Iran central bank bans cryptocurrency dealings4/23/2018 12:46:33 AMDUBAI - Iran's central bank has banned the country's banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, the state news agency IRNA reported on Sunday as the country tries to halt a currency crisis.Malaysia says will look into bot activity on Twitter, upon complaints4/22/2018 9:05:59 AMKUALA LUMPUR - Malaysian regulators will look into the activity of automated accounts on Twitter, known as bots, in the run-up to a general election if they get complaints about them, the communications and multimedia minister said.Telecom standards group puts new technology on hold in wake of U.S. probe4/21/2018 6:36:43 PMWASHINGTON - A telecommunications standards organization - GSMA - said on Saturday it is delaying implementation of a new cellphone technology due to a U.S. government probe of alleged coordination between the group, AT&T Inc and Verizon Communications Inc to hinder consumers from easily switching wireless carriers.Apple offers battery replacement for some MacBooks after flaws reported4/21/2018 6:47:27 AM - Apple Inc on Friday said component failure in a limited number of MacBook Pros has caused built-in battery to expand, adding, it will offer worldwide free replacement for such batteries.