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  • Huawei 'shortcomings' expose new security risks in UK telecom networks

    July 19, 2018 6:00 PM 20

    LONDON (Reuters) - Problems with products made by China’s Huawei Technologies HWT.UL have exposed new security risks in Britain’s telecommunications network, a UK government report said on Thursday. “Identification of shortcomings in Huawei’s engineering processes have exposed new risks in the UK telecommunication networks and long-term challenges in mitigation

  • Robots Are Ready to Shake (and Stir) Up Bars

    July 19, 2018 3:16 PM 22

    Robot bartenders are mostly novelties today. But a group of startups is hoping to bring automation to your neighborhood watering hole—and even your home bar There’s no need to tip the mixologist at the Tipsy Robot, a glittering bar in Las Vegas where automated arms handle all the shaking, stirring, muddling and garnishing, making up to 120 cocktails

  • Qualcomm disappointed with continuing EU probe into pricing case

    July 19, 2018 2:31 PM 17

    BRUSSELS (Reuters) - U.S. chipmaker Qualcomm (QCOM.O) on Thursday expressed disappointment with EU antitrust regulators’ decision to continue an investigation in a case where it has been accused of charging below cost prices to stymy British phone software maker Icera. “While the investigation has been narrowed, we are disappointed to see it continues

  • New York City Council Passes Bill to Regulate Airbnb

    July 19, 2018 11:13 AM 17

    Airbnb could face a fine of up to $1,500 for each listing not disclosed to the city in move to root out ‘bad actors’ The New York City Council on Wednesday voted unanimously to require Airbnb to disclose the names and addresses of its hosts to a city-run enforcement agency in an effort to crack down on illegal units. The move rankled the multibillion-dollar

  • Facebook to Start Taking Down Posts That Could Lead to Violence

    July 19, 2018 1:34 AM 21

    Social-media platform’s move is a response to attacks on individuals in Sri Lanka and Myanmar Facebook Inc. said Wednesday it will start removing misinformation that could spark violence, a response to mounting criticism that the flow of rumors on its platform has led to physical harm to people in countries around the world. The new policy is a shift

  • Alibaba to buy minority stake in Focus Media to tap digital marketing

    July 18, 2018 2:58 PM 16

    HONG KONG (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) on Wednesday said it has agreed to acquire a minority stake in China’s Focus Media Information Technology Co Ltd (002027.SZ) to tap into the digital marketing sector. Alibaba will acquire about 6.62 percent in Focus Media for 9.63 billion yuan ($93.8 million) and possibly

  • Google Is Fined $5 Billion by EU in Android Antitrust Case

    July 18, 2018 12:37 PM 18

    Decision marks the European Union’s biggest-ever antitrust fine and sharpest rebuke to Silicon Valley BRUSSELS—The European Union hit Alphabet Inc.’s Google with a record antitrust fine of €4.34 billion ($5.06 billion) and ordered changes to its business that could loosen the company’s grip on its biggest growth engine: mobile phones. In the EU’s sharpest

  • Toshiba may face renewed shareholder accounting claims: U.S. appeals court

    July 18, 2018 8:58 AM 22

    (Reuters) - A U.S. appeals court gave investors in Toshiba Corp’s U.S.-listed securities another chance to show they suffered losses because the Japanese industrial conglomerate misled them about its internal controls before a 2015 accounting scandal. In a 3-0 decision, the 9th U.S. Circuit Court of Appeals on Tuesday said a lower court judge misapplied

  • Lawmakers Question Tech Firms, Publishers on How They Combat Fake News

    July 17, 2018 11:02 PM 16

    Tech firms, publishing executives and lawmakers broadly agree on the dangers of fake news and hate speech online. But they still can’t find common ground on how to define it and what to do about it. On Tuesday, executives for leading social-media firms said on Capitol Hill that they were committed to improving the quality of the content on their sites

  • Amazon Foes Walmart and Microsoft Deepen Tech Partnership

    July 17, 2018 5:31 PM 21

    The shared rivalry with Amazon ‘is absolutely core to this,’ Microsoft CEO Satya Nadella says Walmart Inc. agreed to use Microsoft Corp.’s cloud technology to power functions that could include algorithms for purchasing and sales-data sharing with vendors, the two companies said, deepening a partnership between two of Amazon.com Inc.’s most powerful