Technology News

Chilean telecoms firm GTD to install undersea fiber optic cable

SANTIAGO (Reuters) - Chilean telecommunications company GTD said on Wednesday it will install an undersea cable along more than 2,174 miles (3,500 km) of Pacific coastline to improve connectivity with its operations in Colombia and Peru. The project to lay the fiber optic cable, which will be submerged 2,000 meters (6,561 feet) below sea level in the ocean when it is complete in two years, is aimed at doubling the co...

12 Sep 9:18 PM 0 Read More...

Owning Tesla shares about the riskiest it has ever been: options data

NEW YORK (Reuters) - Owning electric carmaker Tesla Inc’s (TSLA.O) shares is close to the riskiest it has ever been, data by options database and analytics firm OptionMetrics showed on Wednesday. More than a month since Chief Executive Elon Musk tweeted a proposal to take the company private, only to abandon the idea in subsequent weeks, traders in the options market remain nervous. Tesla’s one-month implied vola...

12 Sep 7:13 PM 0 Read More...

Apple website suggests new iPhones to be named XS, XS Max, Xr

(Reuters) - Apple Inc is set to unveil three new iPhones on Wednesday, named XS Max, XS and Xr, according to coding on the company’s website spotted by tech news blog ATH, confirming expectations that the company is making only minor changes to its lineup based on last year’s iPhone X. Details of the new phones were found in publicly viewable code contained in the so-called sitemap of Apple’s website, which was...

12 Sep 5:16 PM 0 Read More...

Online firms to risk EU fine if extremist posts linger

STRASBOURG (Reuters) - The European Union’s chief executive on Wednesday proposed hefty fines on Google, Facebook, Twitter and other online platforms if they fail to remove extremist content within one hour. Brussels gave internet firms three months in March to show they were acting faster to take down radical posts. Industry lobby groups said they have made great strides since then, but the Commission decided that...

12 Sep 5:16 PM 0 Read More...

Amazon, Apple, others to testify before U.S. Senate on data privacy September 26

WASHINGTON (Reuters) - Six major web and internet service companies, including AT&T Inc, Twitter Inc and Alphabet Inc’s Google, will detail their consumer data privacy practices to a U.S. Senate panel on Sept. 26, according to a congressional statement on Wednesday. The Senate hearing will give the six technology-related companies, which also include Amazon.com Inc, Apple Inc and Charter Communications Inc comp...

12 Sep 2:49 PM 0 Read More...

EU lawmakers call for global ban on 'killer robots'

BRUSSELS (Reuters) - The European Union took a stance against “killer robots” on Wednesday when the European Parliament passed a resolution calling for an international ban on the development, production and use of weapons that kill without a human deciding to fire. Autonomous weapons are machines programmed to select and attack targets using artificial intelligence, without human control. Opponents fear they cou...

12 Sep 2:44 PM 0 Read More...

Apple website leak suggest iPhones could be named XS, XS Max, Xr

(Reuters) - Apple Inc is expected to launch three new iPhones on Wednesday and leaks from Apple website have so far suggested that they will be named XS Max for the top variant, XS for the next level model and Xr for the entry version. The names were first spotted on Apple's products sitemap page by technology website ATH here and was later confirmed by media outlet Verge. Reuters could not independently verify the c...

12 Sep 2:31 PM 0 Read More...

EU lawmakers back publishers over tech giants on copyright

STRASBOURG (Reuters) - European Union lawmakers voted on Wednesday to force Google, Facebook <FB.O > and other technology firms to share more revenues with European media, publishers and other content creators in a shake-up of copyright rules. The European Commission, which began the debate two years ago, says the overhaul is necessary to protect Europe’s cultural heritage and create a level playing field bet...

12 Sep 2:10 PM 0 Read More...

EU lawmakers back local publishers over tech giants on copyright

STRASBOURG (Reuters) - European Union lawmakers voted on Wednesday to force Google, Facebook <FB.O > and other technology firms to share more revenues with European media, publishers and other creative industries in a shake-up of copyright rules. The European Commission, which kicked off the debate two years ago, says the overhaul is necessary to protect Europe’s cultural heritage and create a level playing f...

12 Sep 1:14 PM 0 Read More...

Data analytics firm Sisense raises $80 million, to accelerate hiring

TEL AVIV (Reuters) - Business intelligence software provider Sisense said on Wednesday it raised $80 million, bringing the total amount invested in the Israeli company to about $200 million. The latest round was led by New-York based Insight Venture Partners, a venture capital and private equity firm with more than $20 billion under management. Sisense’s software helps companies understand their data, enabling non-...

12 Sep 1:05 PM 0 Read More...