Technology News

Uber board adopts all recommendations from Eric Holder investigation

SAN FRANCISCO The Uber Technologies Inc [UBER.UL] board of directors has voted unanimously to adopt all recommendations from a report stemming from allegations of sexual harassment at the company and other employee concerns, a board representative said on Sunday.The board, at a meeting on Sunday, adopted a series of recommendations from former U.S Attorney General Eric Holder following a sprawling, multi-month in...

12 Jun 4:13 AM 0 Read More...

Uber board to discuss CEO absence, policy changes: source

SAN FRANCISCO Uber Technologies Inc's [UBER.UL] board will discuss Chief Executive Travis Kalanick temporarily stepping away from the embattled ride-hailing firm and consider sweeping changes to the company's management practices at a meeting on Sunday, according to a person familiar with the situation. The source said it is not clear that the board will make any decision to change Kalanick’s role. The board is...

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

Germany's Merkel says digital world needs global rules

German election director eyes possible quiet period before election BERLIN Germany should consider imposing a "quiet period" immediately before the federal election in September, similar to a media policy in place in France, election director Dieter Sarreither said, amid concerns about possible meddling by Russia. ...

10 Jun 5:29 PM 0 Read More...

Western Digital to raise Toshiba chip offer in last-ditch bid: source

TOKYO Western Digital Corp (WDC.O) plans to raise its offer for Toshiba Corp's (6502.T) prized semiconductor unit to 2 trillion yen ($18 billion) or more, a person familiar with the matter said, marking a last-ditch effort to clinch a deal that both companies consider vital.The U.S. chipmaker's new offer, to be presented by Thursday when the struggling Japanese conglomerate is to decide a preferred bidder for its...

10 Jun 10:33 AM 0 Read More...

Apple's Cook tells MIT graduates: temper technology with humanity

CAMBRIDGE, Mass. Apple CEO Tim Cook on Friday warned graduates at MIT, a pioneer in fields like computers and robots, about technology's dehumanizing aspects and urged them to infuse its development with their own values."I’m not worried about artificial intelligence giving computers the ability to think like humans," Cook said in his commencement speech at the Massachusetts Institute of Technology. "I'm more c...

09 Jun 5:53 PM 0 Read More...

EU antitrust regulators to investigate $38 billion Qualcomm, NXP deal

BRUSSELS EU antitrust authorities opened an investigation on Friday into Qualcomm's (QCOM.O) $38-billion bid for NXP Semiconductors (NXP.N), ratcheting up pressure on the U.S. smartphone chipmaker to offer concessions to address their concerns.Qualcomm, which supplies chips to Android smartphone makers and Apple (AAPL.P), is set to become the leading supplier to the fast growing automotive chip market following t...

09 Jun 4:33 PM 0 Read More...

Born-again BlackBerry: Canadian icon hopes to ride trucks to growth

BOLTON, Ontario A visit to trucking firm Titanium Transportation helps explain why BlackBerry's stock is once again a darling in Canadian markets, having soared 70 percent in two months. Nestled in an industrial area some 50 kilometers north of Toronto, the trucker is an early adopter of a new BlackBerry fleet-tracking service known as Radar, which uses $400 boxes to collect and transmit information on movement, ...

09 Jun 12:27 PM 0 Read More...

Digital Realty to buy DuPont Fabros in $7.6 billion deal

Digital Realty Trust Inc (DLR.N) said it would buy fellow data center operator DuPont Fabros Technology Inc (DFT.N) for an enterprise value of about $7.6 billion, its biggest-ever deal, to help expand in high-demand markets in the United States amid a rapid shift to the cloud by technology companies.Washington-based DuPont Fabros operates 12 data centers in three major U.S. markets, including the Silicon Valley a...

09 Jun 12:23 PM 0 Read More...

Toshiba says Western Digital meeting didn't dispel concerns over chip proposal

TOKYO Toshiba Corp (6502.T) said that Western Digital Corp (WDC.O) CEO Steve Milligan met with its executives on Friday but failed to dispel concerns about the U.S. firm's proposal to buy Toshiba's prized chip unit. Milligan met with his Toshiba counterpart, Satoshi Tsunakawa, at Toshiba headquarters on Friday afternoon. "Toshiba li...

09 Jun 12:20 PM 0 Read More...

SoftBank to buy robotics businesses from Alphabet Inc

TOKYO SoftBank Group Corp (9984.T) said it would buy two firms that build walking robots from Google's parent company, Alphabet Inc (GOOGL.O), adding to the Japanese company's growing artificial intelligence portfolio.SoftBank said it would buy Boston Dynamics and Tokyo-based Schaft, which design and manufacture robots that simulate human movement, but did not disclose the terms of the transactions.Shares of the c...

09 Jun 8:39 AM 0 Read More...