Technology News

Japan launches satellite for advanced GPS operation

TOKYO (Reuters) - Japan on Saturday launched an H-2A rocket carrying a geo-positioning satellite into orbit after a week-long delay, the government said. The launch of Japan's third geo-positioning satellite is part of its plan to build a version of the U.S. global positioning system (GPS) to offer location information used for autopiloting and possible national security purposes. The government postponed the launch ...

19 Aug 8:30 AM 0 Read More...

BlackBerry rally derailed as investors lose patience on turnaround

TORONTO (Reuters) - BlackBerry Ltd (BB.TO)(BBRY.O) shares have been plunging from their more than two-year high hit in June after lackluster earnings and competitive threats have raised doubts about prospects for a turnaround at the business software maker. At Friday's price of about $8.70, BlackBerry's U.S.-traded shares have lost a quarter of their value since reaching a high of $11.74 on June 1. The stock had ral...

18 Aug 5:58 PM 0 Read More...

Nestle defends 'Kit Kat' campaign against Atari 'Breakout' lawsuit

(Reuters) - Nestle SA on Friday paddled back claims in a new lawsuit in which Atari SA accused the Swiss food company of pilfering its classic 1970s video game "Breakout" to help sell Kit Kat chocolate-covered wafer bars. Nestle damaged Atari's goodwill and reputation on Facebook, Twitter and television by exploiting the name, look and feel of "Breakout," it said in a copyright and trademark infringement complaint fi...

18 Aug 1:40 PM 0 Read More...

AT&T considers sale of home security business: sources

(Reuters) - AT&T Inc (T.N) is exploring options for its Digital Life home security business, including selling it, as it seeks to pay down debt following its planned $85.4 billion acquisition of Time Warner Inc (TWX.N), people familiar with the matter said. The divestiture would mark a reversal for AT&T, which entered the U.S. home security market with the introduction of Digital Life in 2013. The service off...

18 Aug 1:26 PM 0 Read More...

China's Lenovo warns of cost challenges as it sinks to Q1 loss

HONG KONG (Reuters) - Chinese personal computer maker Lenovo Group Ltd (0992.HK) warned of higher costs and margin pressure due to shortages of components like memory chips, as it posted its first quarterly loss in almost two years on Friday. Lenovo, which gave up its title as the world's largest PC maker to HP Inc (HPQ.N) in the quarter through June, lost $72 million compared with a profit of $173 million for th...

18 Aug 6:28 AM 0 Read More...

Former Uber CEO says investor lawsuit a 'public and personal attack'

SAN FRANCISCO (Reuters) - The ousted chief executive officer of Uber Technologies Inc called a lawsuit filed against him by one of the company's top investors a "public and personal attack" without merit, according to court documents filed late on Thursday. Venture capital firm Benchmark Capital, which says it owns 13 percent of Uber and controls 20 percent of the voting power, sued former Uber CEO Travis Kalanick la...

18 Aug 4:51 AM 0 Read More...

U.S. digital rights group slams tech firms for barring neo-Nazis

SAN FRANCISCO (Reuters) - A digital rights group based in San Francisco on Thursday criticized several internet companies for removing neo-Nazi groups from servers and services, saying the actions were "dangerous" and threatened free expression online. GoDaddy Inc (GDDY.N), Alphabet's Google (GOOGL.O), security firm Cloudflare and other technology companies moved this week to block hate groups after weekend violence ...

18 Aug 2:25 AM 0 Read More...

YouTube TV expands to 14 new markets, partners with Sinclair stations

(Reuters) - Alphabet Inc's (GOOGL.O) Google has expanded its YouTube TV streaming service into 14 new U.S. markets to reach half of American households, with an additional 17 markets to launch in the next few weeks, the company said on Thursday. YouTube is broadening access to live TV streaming as younger viewers increasingly watch shows online and traditional broadcast networks grapple with aging demographics among...

17 Aug 8:21 PM 0 Read More...

Facebook tests adding news stories customized to users' interests

SAN FRANCISCO (Reuters) - Facebook Inc is testing a feature in the Facebook News Feed that provides customized links to news on topics of interest to individual users, as the company continues to search for ways to increase the amount of time that people spend using the world's largest social media network. The offering, called "Featured Topic," is being tested on News Feed, the core of Facebook. Each selected item i...

17 Aug 7:52 PM 0 Read More...

Uber wins U.S. court appeal to push price-fixing case to arbitration

NEW YORK (Reuters) - Uber Technologies Inc [UBER.UL] on Thursday won a victory in its effort to keep unhappy customers from suing in court, persuading a federal appeals court to send a Connecticut passenger's price-fixing case against the ride-service company into arbitration. Overturning a lower court ruling, the 2nd U.S. Circuit Court of Appeals in Manhattan said Uber and former Chief Executive Officer Travis Kalan...

17 Aug 5:25 PM 0 Read More...