Technology News

Toshiba says SEC completes accounting probe, no penalty

TOKYO (Reuters) - Japan’s Toshiba Corp (6502.T) on Monday said the U.S. Securities and Exchange Commission (SEC) had completed an investigation of its past accounting practices without fining the company. FILE PHOTO: A logo of Toshiba Corp is seen outside an electronics retail store in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai/File Photo“We understand that all SEC investigations regarding our accou...

25 Jun 5:11 AM 0 Read More...

U.S. plans limits on Chinese investment in U.S. technology firms

WASHINGTON (Reuters) - The U.S. Treasury Department is crafting rules that would block firms with at least 25 percent Chinese ownership from buying U.S. companies involved in “industrially significant technology,” the Wall Street Journal reported on Sunday. FILE PHOTO: A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China S...

25 Jun 1:09 AM 0 Read More...

Uber battles to keep London license in court appeal

LONDON (Reuters) - Uber [UBER.UL] goes to court on Monday to overturn a decision stripping it of its license in London after being ruled unfit to run a taxi service in its most important European market. FILE PHOTO: The Uber logo is seen on mobile telephone in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo Regulator Transport for London (TfL) shocked the Silicon Valley firm last September by re...

24 Jun 11:18 PM 0 Read More...

Waiting for Peter Thiel: big tech directors miss shareholder meetings

BOSTON (Reuters) - Some small investors who want to give a piece of their minds to big tech company directors are losing their only chance: many board members are skipping annual shareholder meetings. Companies that hold meetings online have some of the worst records for attendance. FILE PHOTO: Paypal co-founder Peter Thiel speaks at the Republican National Convention in Cleveland, Ohio, U.S. July 21, 2016. REUTERS/J...

24 Jun 10:15 AM 0 Read More...

Fox spirits and demons: China's tech giants splash out in cartoon arms race

HANGZHOU, China (Reuters) - Growing up in the Chinese port city of Dalian in the 1990s, Zhang Hongchang spent hours immersed in Japanese cartoons like Dragon Ball and Naruto. People walk past a booth of NetEase Comics at the China International Cartoon and Game (CCG) Expo in Shanghai, China July 6, 2017. REUTERS/Stringer China’s home-grown cartoons paled in comparison to the Japanese anime series on television and...

23 Jun 11:09 PM 0 Read More...

Xiaomi puts indefinite delay on CDRs in blow to China's plans for tech listings

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Corp (IPO-XMGP.HK) said on Saturday there is no timeframe for a mainland share offering, casting doubt on Beijing’s efforts to lure foreign-listed Chinese tech giants back home. Xiaomi's Founder, Chairman and CEO Lei Jun attends a news conference in Hong Kong, China June 23, 2018.  REUTERS/Bobby YipXiaomi had been expected to raise up to $10 billion, split betw...

23 Jun 5:16 AM 0 Read More...

China's ZTE expected to take last step to lift ban: U.S. official

(Reuters) - China’s ZTE Corp is expected to deposit $400 million in an escrow account in a U.S. bank in the “next couple of days,” the last step the Chinese company must take before a ban on U.S. suppliers can be lifted, a U.S. Department of Commerce official told Reuters on Friday. FILE PHOTO: The logo of China's ZTE Corp is seen at the lobby of ZTE Beijing research and development center building in Beijing, ...

22 Jun 7:11 PM 0 Read More...

Supreme Court restricts police on cellphone location data

WASHINGTON (Reuters) - The U.S. Supreme Court on Friday imposed limits on the ability of police to obtain cellphone data pinpointing the past location of criminal suspects in a major victory for digital privacy advocates and a setback for law enforcement authorities. In the 5-4 ruling, the court said police generally need a court-approved warrant to get the data, setting a higher legal hurdle than previously existed ...

22 Jun 6:57 PM 0 Read More...

Supreme Court rules warrants required for cellphone location data

WASHINGTON (Reuters) - The U.S. Supreme Court on Friday imposed limits on the ability of police to obtain cellphone data pinpointing the past location of criminal suspects in a major victory for digital privacy advocates and a setback for law enforcement authorities. In the 5-4 ruling, the court said police generally need a court-approved warrant to get access to the data, setting a higher legal hurdle than previousl...

22 Jun 5:33 PM 0 Read More...

Uber car's 'safety' driver streamed TV show before fatal crash: police

SAN FRANCISCO/WASHINGTON (Reuters) - The safety driver behind the wheel of a self-driving Uber car in Tempe, Arizona, was streaming a television show on her phone until about the time of a fatal crash, according to a police report that deemed the March 18 incident “entirely avoidable.” A report by the Tempe Police Department said the driver, Rafaela Vasquez, repeatedly looked down and not at the road, glancing up...

22 Jun 5:07 PM 0 Read More...