Technology News
Macquarie backs drone map, electric-vehicle businesses2/19/2019 5:01:25 AM Macquarie Group, the world's largest manager of infrastructure assets, has seeded money in a map system for drones and an electric-vehicle sharing business, it said on Monday.Huawei founder says Huawei CFO arrest was politically motivated: BBC2/19/2019 4:35:18 AM Huawei founder Ren Zhengfei said on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng Wanzhou, was politically motivated.Britain does not support total Huawei network ban: sources2/19/2019 4:34:16 AM British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations the Chinese firm and its products could be used by Beijing for spying, people with knowledge of the matter said.Uber agrees to pay VAT in Egypt: tax chief2/18/2019 9:36:30 PM Uber has agreed to pay value-added tax on its services in Egypt, Egyptian officials said on Monday, a move that may help resolve a long-simmering feud with traditional taxi drivers.Germany bans Wirecard 'shorting' as prosecutors probe FT journalist2/18/2019 9:35:01 PM Germany's financial watchdog has banned "short" selling of Wirecard shares due to volatility in the payments firm's stock following reports in the Financial Times which are now the subject of an investigation by German authorities.Alibaba is the force behind hit Chinese Communist Party app: sources2/18/2019 6:59:14 PM A Chinese government propaganda app that recently became a huge hit was developed by Alibaba, two people at the company told Reuters, at a time when the nation's tech firms are under global scrutiny over their ties to Beijing.Germany consults industry about blockchain potential2/18/2019 5:17:42 PM Germany has opened a consultation process on how to tap into the potential of blockchain technology ahead of presenting a strategy by the summer, government sources said on Monday.Facebook broke rules, should be regulated: UK lawmakers2/18/2019 5:09:48 PM Facebook intentionally breached data privacy and competition law and should, along with other big tech companies, be subject to a new regulator to protect democracy and citizens' rights, British lawmakers said on Monday.Britain's FT says allegations over Wirecard reporting are false2/18/2019 3:58:41 PM Britain's Financial Times rejected as "baseless and false" any allegations accusing the newspaper or its reporters of market manipulation or unethical reporting in relation to German payments company Wirecard.Facebook says it is 'open to meaningful regulation'2/18/2019 3:26:26 PM Facebook is "open to meaningful regulation", it said on Monday after British lawmakers said that big technology companies should be subject to a compulsory code of ethics to tackle the spread of fake news and abuse of users' data.Britain's 5G network security review ongoing: PM May's spokesman2/18/2019 3:21:58 PM Britain's review of its 5G network resilience is still ongoing, a spokesman for Prime Minister Theresa May said on Monday after the Financial Times reported that security chiefs had concluded they could manage any risks arising from Huawei's involvement.German prosecutor probing FT journalist over Wirecard: report2/18/2019 2:23:05 PM German authorities have opened an investigation into a Financial Times journalist over reports about German payments firm Wirecard, Frankfurter Allgemeine Zeitung said.SoftBank invests in Mubadala's new $400 million European tech fund: source2/18/2019 10:56:43 AM Japan's SoftBank Group has provided nearly half of the cash for Abu Dhabi's state investor Mubadala Investment Co's new $400 million fund investing in European start-ups, a source familiar with the matter said.New Zealand will conduct own assessment of Huawei equipment risk: PM2/18/2019 10:52:35 AM New Zealand will independently assess the risk of using China's Huawei Technologies in 5G networks, Prime Minister Jacinda Ardern said on Monday after a report suggested that British precautions could be used by other nations.Germany to extend electric company car tax incentives: paper2/16/2019 7:34:11 PM German Finance Minister Olaf Scholz plans to extend tax incentives for electric company cars, he told a newspaper on Saturday, the government's latest attempt to boost demand for clean vehicles.Exclusive: China ride-hailing giant Didi plans Chile, Peru launches to take on Uber2/16/2019 4:05:11 PM Chinese ride-hailing giant Didi Chuxing is planning to take on U.S. rival Uber in some of Latin America's fastest-growing markets, recruiting managers in Chile, Peru and Colombia, according to job postings and a company official.Amazon invites Ocasio-Cortez for tour, calls worker claims untrue2/16/2019 3:03:03 AM A senior Amazon.com Inc executive on Friday disputed claims raised by Representative Alexandria Ocasio-Cortez that Amazon workers face "dehumanizing conditions" as being untrue and invited her to take a tour of company facilities.Lyft to woo investors with fast U.S. growth in IPO race with Uber2/16/2019 2:34:17 AM Lyft Inc will pitch investors on its fast growth in the United States as it seeks to beat out Uber Technologies Inc to become the first publicly listed ride-hailing company, according to people familiar with the matter.How Amazon scrapped its plans for a New York headquarters2/16/2019 1:28:57 AM More than a year of work to bring Amazon.com Inc's headquarters and tens of thousands of jobs to New York City ended on Thursday with a couple of phone calls.Amazon places big bet on aspiring Tesla rival Rivian2/16/2019 1:12:26 AM Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant's biggest bet on technologies with potential to reshape the automotive sector.