Technology News

Democrats to probe Trump actions on AT&T, Amazon: aide

WASHINGTON (Reuters) - When Democrats take control of the U.S. House they plan to investigate the Trump administration’s attempt to block AT&T Inc (T.N) from acquiring Time Warner, and whether officials sought to punish Amazon.com Inc (AMZN.O) by prodding the U.S. Post Office to hike shipping prices for the world’s largest e-commerce company, a senior Democrat and a congressional aide said on Sunday. Speaking...

11 Nov 10:18 PM 0 Read More...

Democrats to probe Trump actions on AT&T, Amazon: Axios

WASHINGTON (Reuters) - When Democrats take control of the U.S. House they plan to investigate the Trump administration’s attempt to block AT&T Inc (T.N) from acquiring Time Warner, and whether officials sought to punish Amazon.com Inc (AMZN.O) by prodding the U.S. Post Office to hike shipping prices for the world’s largest e-commerce company, a senior Democrat said on Sunday. Speaking to online publication Ax...

11 Nov 7:44 PM 0 Read More...

Democrats to probe Trump actions on AT&T, Amazon.com: Axios

WASHINGTON (Reuters) - When Democrats take control of the U.S. House they plan to investigate the Trump administration’s decision to try to block AT&T Inc (T.N) from acquiring Time Warner, and whether officials sought to punish Amazon.com Inc (AMZN.O) by prodding the U.S. Post Office to hike shipping prices for the world’s largest e-commerce company, a senior Democrat said on Sunday. Speaking to online public...

11 Nov 4:32 PM 0 Read More...

France to hunt for tax cheats on social media

PARIS (Reuters) - France’s tax administrators will start searching through social media accounts in early 2019, a pilot project in the fight against tax avoidance, Budget Minister Gerald Darmanin told weekly business TV show Capital. The idea is to identify potential frauds by analyzing publicly-available data on individuals’ social media accounts, Darmanin said, according to excerpts of the show to be broadcast...

10 Nov 2:59 PM 0 Read More...

Apple finds quality problems in some iPhone X and MacBook models

(Reuters) - Apple Inc said on Friday it had found some issues affecting some of its iPhone X and 13-inch MacBook pro products and said the company would fix them free of charge. The repair offers are the latest in a string of product quality problems over the past year even as Apple has raised prices for most of its laptops, tablets and phones to new heights. Its top-end iPhones now sell for as much as $1,449 and its...

10 Nov 1:23 AM 0 Read More...

Twitter cuts suspect users from follower counts again, blames bug

SAN FRANCISCO (Reuters) - Twitter Inc (TWTR.N) made another attempt to make users’ tallies of followers more accurate on Friday, subtracting millions of suspicious followers which had reappeared on the social media service since a major purge in July. Twitter is under pressure to tackle its problem of fake users, which are a turn-off for investors and advertisers and have led to scrutiny from U.S. Congress. The c...

09 Nov 11:42 PM 0 Read More...

BlackBerry in talks to buy cybersecurity company Cylance: Business Insider

(Reuters) - BlackBerry Ltd is in talks to buy cybersecurity company Cylance Inc for as much as $1.5 billion, Business Insider reported on Friday, citing sources familiar with the matter. Irvine, California-based Cylance develops AI-based products to prevent cyberattacks on companies and recently considered filing for an IPO, according to the report. (read.bi/2SYzvM9) A deal could be announced as soon as next week, Bu...

09 Nov 9:52 PM 0 Read More...

Microsoft made $1.3 billion in cash payments in GitHub deal

(Reuters) - Microsoft Corp (MSFT.O) said in a filing late Thursday it had made $1.3 billion in cash payments in connection to its acquisition of coding hosting startup GitHub. Microsoft acquired the company, which developers use to keep track of software code changes as they write applications, in June, in a $7.5 billion deal that was described at the time as an all-stock transaction. But in Nov. 8 filing, Microsoft ...

09 Nov 6:01 PM 0 Read More...

Exclusive: Softbank's Saudi-backed Vision Fund to raise $4 billion in debt

LONDON (Reuters) - SoftBank’s (9984.T) Vision Fund is raising $4 billion in debt to help finance acquisitions and has hired Goldman Sachs (GS.N) and Mizuho (8411.T) to work on the deal, a presentation seen by Reuters said. The transaction would be the first test of debt investors’ appetite for the Saudi-backed technology fund since the crisis triggered by the murder of Jamal Khashoggi, a journalist critical of S...

09 Nov 5:22 PM 0 Read More...

Taxify aims for 10-fold Africa growth, to overtake Uber in Europe

LISBON (Reuters) - Taxify, a European-based rival to Uber and the leading app-based taxi-hailing platform in Africa, expects to grow its African business ten-fold over the next two years while it works to dethrone Uber in Europe, its chief executive told Reuters. Markus Villig said his firm, which has 15 million customers and half a million drivers on its platform in more than 25 countries, was on track for its drive...

09 Nov 1:59 PM 0 Read More...