Technology News
BlackBerry beats revenue estimates as it reaps rewards of Cylance buy6/26/2019 4:37:49 PM Canadian software maker BlackBerry Ltd on Wednesday beat analysts' expectations for quarterly revenue, as it benefited from its recent $1.4 billion bet on cybersecurity firm Cylance.Sneaker site StockX raises funds, hires eBay executive6/26/2019 4:01:17 PM StockX, an online market place which specializes in reselling limited-edition sneakers, has raised $110 million from investors to fund its expansion and poached Scott Cutler from eBay as its new chief executive, it said on Wednesday.Exclusive: China hacked eight major computer services firms in years-long attack6/26/2019 3:47:36 PM Hackers working for China's Ministry of State Security broke into networks of eight of the world's biggest technology service providers in an effort to steal commercial secrets from their clients, according to sources familiar with the attacks.China's Didi expands partnership with automaker GAC Group6/26/2019 3:30:50 PM Chinese ride-hailing giant Didi Chuxing said on Wednesday it would expand its partnership with Guangzhou Automobile Group Co Ltd (GAC Group) to areas such as ride-hailing operations and autonomous driving.Bitcoin reaches 18-month high as Facebook's Libra spurs interest6/26/2019 3:22:34 PM Bitcoin jumped to an 18-month high on Wednesday, a surge analysts said was caused by nervous traders looking for safety in alternative investments and expectations that Facebook's Libra could turn cryptocurrencies mainstream.Broadcom in EU antitrust spotlight, faces interim measures6/26/2019 3:22:11 PM EU antitrust regulators will investigate whether U.S. chipmaker Broadcom uses exclusivity restrictions to block rivals in the TV and modem chipsets markets, a move that could lead to hefty fines for the company and an order to end such practices.China's Alibaba aims to double Tmall Global brands with English portal6/26/2019 3:10:52 PM Chinese e-commerce giant Alibaba on Wednesday launched an English-language website for its Tmall Global marketplace aimed at merchants, in an attempt to double the number of international brands on the platform to 40,000 in the next three years.Tesla loses its VP of production: Electrek6/26/2019 2:54:07 PM Tesla Inc's vice president of production in charge of all vehicle manufacturing at Fremont factory, Peter Hochholdinger, is not at the automaker anymore, news website Electrek reported on Wednesday, citing a source familiar with the matter.U.S. senators say social media letting algorithms 'run wild'6/26/2019 2:11:56 PM A U.S. Senate panel on Tuesday questioned how major social media companies like Facebook Inc and Alphabet Inc's Google unit use algorithms and artificial intelligence to serve up new content to keep users engaged.Nigerian court adjourns tax case between MTN and attorney general6/26/2019 1:59:53 PM A Nigerian judge on Wednesday adjourned until Oct. 29 a case to resolve a $2 billion tax dispute between South African telecoms company MTN Group and Nigeria's attorney general.Singapore aims to create 10,000 tech jobs in three years6/26/2019 1:06:42 PM Singapore on Wednesday said it has plans to create up to 10,000 jobs in the technology sector over three years in an initiative to establish the city-state as a global hub for the industry.Micron resumes some chip shipments to Huawei, boosting stock6/26/2019 9:58:40 AM Memory-chip maker Micron Technology Inc said it had resumed some shipments to China's Huawei Technologies Co Ltd and still expected demand for its chips to recover later this year, sending its shares 10% late on Tuesday.U.S. lawmakers, regulators advance crackdown on robocalls6/26/2019 6:22:04 AM The U.S. Federal Trade Commission (FTC) and 25 state and local agencies on Tuesday unveiled a crackdown on robocalls as a congressional panel approved a bill that would take new steps to reduce the unwanted calls.Brazil court slashes fine for Facebook's refusal to share WhatsApp data6/26/2019 6:13:20 AM Facebook Inc's fine for withholding WhatsApp messages from a drug-trafficking investigation in Brazil should be reduced to 23 million reais ($6 million), a Brazilian federal appeals court ruled on Tuesday.Exclusive: In a world first, Facebook to give data on hate speech suspects to French courts6/26/2019 2:36:48 AM In a world first, Facebook has agreed to hand over the identification data of French users suspected of hate speech on its platform to judges, France's minister for digital affairs Cedric O said on Tuesday.SpaceX lifts 24 satellites into orbit after 'most difficult launch'6/26/2019 2:08:09 AM A SpaceX Falcon Heavy rocket blasted off from Kennedy Space Center in Florida on Tuesday, putting 24 experimental satellites into orbit after what Elon Musk's rocket company called one of its "most difficult" launches ever.K-Pop's BTS now in your pocket with mobile game6/25/2019 11:42:05 PM (This June 24 story, corrects title of Simon Sim to president of the U.S. arm of Netmarble Corp instead of president of the South Korean mobile gaming company, paragraph 5.)Chinese electric automaker BYD opens first plant in Canada6/25/2019 11:38:40 PM Chinese electric vehicle maker BYD Co Ltd said on Tuesday it had opened its first plant in Canada, which will initially focus on assembling buses for the Toronto Transit Commission, a public transport agency.Fed to hold Facebook's crypto coin to 'high' bar: Powell6/25/2019 11:26:40 PM The U.S. Federal Reserve is looking carefully at Facebook's planned cryptocurrency Libra, and will hold it to high standards regarding protecting consumers and regulation, Federal Reserve Chairman Jerome Powell said on Tuesday.Hyundai dealers to offer customers Lyft rides through CDK app6/25/2019 11:21:05 PM Hyundai dealers in the United States will offer Lyft Inc rides to customers getting their vehicles serviced at dealerships, the companies said on Tuesday, the latest in a string of partnerships by the ride services company.