Technology News

Top House Intelligence Democrat intends to make sample of Russia-bought Facebook ads public

WASHINGTON (Reuters) - The top Democrat on the House Intelligence Committee said on Monday he intended to make a “representative sampling” of Facebook Inc political ads believed to have been purchased by Russia available to the public later this month and that he hoped to make them all public eventually. Representative Adam Schiff confirmed that his committee, which is investigating Russian interference in last y...

02 Oct 7:45 PM 0 Read More...

Roku slumps 11 percent, on track for first down day

SAN FRANCISCO (Reuters) - Roku’s (ROKU.O) stock tumbled 11 percent on Monday and was on track for its first loss since the music streaming company’s public listing last week, even after it unveiled a lineup of new devices. The Los Gatos, California company is riding a wave of consumers abandoning cable TV and switching to online content, but it faces competition from larger rivals. Following a two-day rally last...

02 Oct 6:56 PM 0 Read More...

Ford creates team to ramp up electric vehicle development

(Reuters) - Ford Motor Co has formed a team to accelerate global development of electric vehicles, an executive said on Monday. One aim of Ford’s “Team Edison” is to identify and develop electric-vehicle partnerships with other companies, including suppliers, in some global markets, according to Sherif Marakby, vice president of autonomous vehicles and electrification. Marakby said the group will be based in th...

02 Oct 3:36 PM 0 Read More...

Facebook to hire 1,000 people to review ads after Russian buys

NEW YORK (Reuters) - Facebook Inc plans to hire 1,000 more people to review ads and ensure they meet its terms, as part of an effort to deter Russia and other countries from using the social media network to interfere in others’ elections, it said on Monday. Facebook said last month that it believed people in Russia bought about 3,000 politically divisive ads on its network in the United States in the months befor...

02 Oct 3:06 PM 0 Read More...

Apple faces down Qualcomm, Ericsson over EU patent fees

BRUSSELS (Reuters) - The European Union is drawing up guidelines on how much patent holders should charge for their technologies, a thorny issue that pits Apple and other users against Qualcomm and Ericsson. Trillions of dollars in sales are at stake as regulators ponder whether a fridge maker should pay a different rate for crucial patents than a carmaker, or whether a flat, fixed rate would be fairer. The patent fe...

02 Oct 2:51 PM 0 Read More...

U.S. Supreme Court rejects Samsung appeal in warranty dispute

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday refused to consider a bid by Samsung Electronics Co Ltd (005930.KS) to force customers who have filed proposed class-action lawsuits against the company to arbitrate their claims instead of bringing them to court. The justices left intact a lower court’s ruling that purchasers of certain Galaxy smartphones made by the South Korean electronics company were not ...

02 Oct 1:50 PM 0 Read More...

Exclusive: Uber's UK boss quits as firm battles to keep London license - email

LONDON (Reuters) - Uber’s [UBER.UL] top boss in Britain will quit the taxi hailing app just as the firm battles to overturn a decision to strip it of its license in London, according to an email seen by Reuters. The British capital’s transport regulator deemed Uber unfit to run a taxi service last month and decided not to renew its license to operate, citing the firm’s approach to reporting serious criminal off...

02 Oct 11:44 AM 0 Read More...

Uber’s path to win back London: data, fines and fees

(Reuters) - If history is a guide, Uber Technologies new Chief Executive Dara Khosrowshahi is likely to dangle data sharing and a promise to pay fines and fees when he sits down with London officials to negotiate the ride service’s future in one of its most important markets. From the Philippines to Portland, Oregon, the strategy has worked time and time again for the San Francisco company. London transportation of...

02 Oct 5:03 AM 0 Read More...

Google relaxes rules on free news stories, plans subscription tools

SAN FRANCISCO (Reuters) - Google announced on Sunday that subscription news websites would no longer have to provide users three free articles per day or face less prominence in search results, relaxing its rules following complaints from media giants like News Corp that their sales were suffering. For the last decade, Google’s “first click free” policy helped ensure that non-subscribers wouldn’t be stifled b...

02 Oct 4:01 AM 0 Read More...

Equifax reviews its top lawyer's role in executive stock sales: WSJ

(Reuters) - Equifax Inc is reviewing its Chief Legal Officer John Kelly’s involvement in stock sales by company executives made weeks before the credit-reporting service disclosed a massive data breach, the Wall Street Journal reported on Sunday. Three senior executives including the company’s chief financial officer sold $1.8 million in shares within three days of the company learning on July 29 that hackers had...

01 Oct 11:57 PM 0 Read More...