Technology News
Australian watchdog calls for more scrutiny of Google, Facebook
Sun, 09 Dec 2018 21:22:35 -0500
Australia's competition watchdog on Monday recommended a new regulatory body be set up to monitor tech giants Facebook Inc and Alphabet Inc's Google and their dominance of the online advertising and news markets.
Australian regulator says probe of tech giants spurs five investigations
Sun, 09 Dec 2018 21:22:35 -0500
Australia's competition regulator says it has five investigations afoot as a result of its examination of the market power and public influence of tech giants such as Facebook Inc and Alphabet Inc's Google.
China says rejecting physical cash is illegal amid e-payments popularity
Sun, 09 Dec 2018 19:52:36 -0500
China's central bank on Monday warned that rejecting cash as a form of payment was illegal, saying that such practices could eventually could cause the loss of confidence in physical money and was unfair to those not accustomed to electronic payments.
Huawei CFO seeks bail on health concerns; Canada wants her in jail
Sun, 09 Dec 2018 19:00:16 -0500
A top executive of China's Huawei Technologies Co Ltd [HWT.UL] argued that she should be released on bail while awaiting an extradition hearing, citing fears for her health while incarcerated in Canada along with other factors, court documents showed on Sunday.
Huawei CFO seeks bail, cites health fears behind bars: court documents
Sun, 09 Dec 2018 18:32:47 -0500
A top executive of China's Huawei Technologies Co Ltd [HWT.UL] argued that she should be let out on bail while awaiting an extradition hearing due to severe hypertension and fears for her health while incarcerated in Canada, court documents released on Sunday showed.
Uber makes confidential filing for long-awaited IPO
Sat, 08 Dec 2018 17:07:51 -0500
Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley.
Explainer: How does extradition to the U.S. work?
Fri, 07 Dec 2018 22:29:54 -0500
The arrest in Canada of a top Chinese technology executive for possible extradition to the United States has roiled markets and cast doubt on a recent U.S.-China trade truce.
U.S. accuses Huawei CFO of Iran sanctions cover-up; hearing adjourned
Fri, 07 Dec 2018 22:29:54 -0500
Huawei Technologies Co Ltd's chief financial officer faces U.S. accusations that she covered up her company's links to a firm that tried to sell equipment to Iran despite sanctions, a Canadian prosecutor said on Friday, arguing against giving her bail while she awaits extradition.
U.S. court issued Huawei CFO arrest warrant in August
Fri, 07 Dec 2018 22:29:54 -0500
A New York court issued an arrest warrant for Huawei Technologies' chief financial officer Meng Wanzhou on Aug. 22, asking she be detained to stand trial to face U.S. charges, according to documents released during her bail hearing in Canada on Friday.
Canadian court bail hearing for Huawei CFO adjourned until Monday
Fri, 07 Dec 2018 19:21:02 -0500
A bail hearing for the chief financial officer of China's Huawei Technologies Co Ltd was adjourned until Monday, after
Facebook to buy back additional $9 billion of shares
Fri, 07 Dec 2018 17:56:15 -0500
Facebook Inc will buy back an additional $9 billion of its shares, as it looks to pacify investors following a slump in its stock.
Exclusive: Amazon targets airports for checkout-free store expansion
Fri, 07 Dec 2018 17:28:23 -0500 Inc is looking at bringing its futuristic checkout-free store format to airports in an effort to win business from hungry, time-pressed travelers, according to public records and a person familiar with the strategy.
FCC to probe whether major carriers gave false coverage information
Fri, 07 Dec 2018 17:12:06 -0500
The Federal Communications Commission said on Friday it was investigating whether major wireless service providers submitted false information about their coverage areas.
Exclusive: Chat-service firm Slack taps Goldman Sachs to lead IPO - sources
Fri, 07 Dec 2018 17:07:16 -0500
Slack Technologies Inc, a provider of chat and direct messaging services for businesses, has hired investment bank Goldman Sachs Group Inc to lead its initial public offering (IPO) next year as an underwriter, people familiar with the matter said.
U.S. to reveal charges against Chinese hackers: sources
Fri, 07 Dec 2018 15:44:11 -0500
Federal prosecutors are expected to unveil criminal charges as soon as next week against hackers linked to Chinese intelligence for allegedly stealing data from U.S. companies, according to people familiar with the matter.
Europe should be wary of Huawei, EU tech official says
Fri, 07 Dec 2018 15:08:40 -0500
The European Union should be worried about Huawei [HWT.UL] and other Chinese technology companies because of the risk they pose to the bloc's industry and security, the EU's technology chief said on Friday, echoing concerns raised elsewhere in the world.
Russia says detention of China's Huawei CFO shows U.S. arrogance
Fri, 07 Dec 2018 15:08:40 -0500
Russian Foreign Minister Sergei Lavrov said on Friday that the detention of Chinese technology giant Huawei's chief financial officer in Canada was an example of "arrogant" U.S. policy abroad.
Huawei denies it poses security threat after EU warning
Fri, 07 Dec 2018 15:08:40 -0500
Chinese tech giant Huawei [HWT.UL] denied on Friday that it posed a security risk, saying that it had never been told by any government to obtain covert access through so-called "backdoors".
White House adviser: U.S.-China trade talks, Huawei arrest are separate
Fri, 07 Dec 2018 15:08:40 -0500
White House trade adviser Peter Navarro on Friday said that the U.S. -China trade truce and the recent arrest of a top Huawei Technologies Co Ltd executive "are two separate events," calling the timing of events a coincidence.
EU governments agree to tougher stance on e-evidence
Fri, 07 Dec 2018 13:15:32 -0500
EU governments agreed on Friday to toughen up draft rules allowing law enforcement authorities to get electronic evidence directly from tech companies such as Facebook and Google stored in the cloud in another European country.