Technology News

Facebook removes pages, accounts with Russia links

(Reuters) - Facebook Inc (FB.O) said on Thursday it has removed a number of pages, accounts and groups that were involved in coordinated inauthentic behavior on Facebook and Instagram. The two operations were found to have originated in Russia, with one active in multiple countries and the other was specific to Ukraine, the social media company said in a blog post. bit.ly/2W1h9LR “We didn’t find any links between...

17 Jan 9:23 AM 0 Read More...

U.S. legislation steps up pressure on Huawei and ZTE, China calls it 'hysteria'

WASHINGTON/BEIJING (Reuters) - A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd [HWT.UL], ZTE Corp or other Chinese telecommunications companies that violate U.S. sanctions or export control laws. The proposed law drew sharp criticism from China where Foreign Ministry spokeswoman Hua Chunying called the U.S. legi...

17 Jan 9:16 AM 0 Read More...

China calls proposed U.S. legislation against Huawei, ZTE 'hysteria'

BEIJING (Reuters) - China’s Foreign Ministry said on Thursday that proposed U.S. legislation targeting Huawei, ZTE and other Chinese telecommunications equipment companies was due to “hysteria”, and urged U.S. lawmakers to stop the bills. Ministry spokeswoman Hua Chunying made the comments at a regular news briefing in Beijing. On Wednesday, a bipartisan group of U.S. lawmakers introduced bills that would ban...

17 Jan 7:38 AM 0 Read More...

Online student lender CommonBond lays off 18 percent of staff

NEW YORK (Reuters) - Online student lender CommonBond has laid off around 18 percent of its staff, a company spokeswoman said, citing a plan to shift investment into new areas. The start-up’s layoffs follow challenging years for the online lending industry, which has seen widespread job cuts, plummeting shares and a stricter focus on credit quality. CommonBond’s job cuts, which impacted 22 people in total, were a...

16 Jan 11:21 PM 0 Read More...

Germany considering ways to exclude Huawei from 5G auction: report

BERLIN (Reuters) - The German government is actively considering stricter security requirements and other ways to exclude China’s Huawei Technologies [HWT.UL] from a buildout of fifth-generation (5G) mobile networks, the Handelsblatt newspaper reported. Handelsblatt, citing government sources, said government officials were discussing setting security standards that Huawei could not achieve, effectively blocking it...

16 Jan 10:55 PM 0 Read More...

Apple plans some hiring reductions after selling fewer iPhones: Bloomberg

(Reuters) - Apple Inc will cut back on hiring for some divisions after lower-than-expected iPhone sales and missing its revenue forecast for the holiday quarter, Bloomberg reported on Wednesday, citing sources familiar with the matter. According to the report, Chief Executive Officer Tim Cook made the disclosure to employees earlier this month in a meeting the day after he penned a letter to investors about the comp...

16 Jan 10:09 PM 0 Read More...

U.S. investigating Huawei for alleged trade secret theft: WSJ

WASHINGTON (Reuters) - Federal prosecutors are investigating Huawei Technologies, the world’s largest telecommunications equipment maker, for allegedly stealing trade secrets from U.S. businesses and could soon issue an indictment, the Wall Street Journal reported on Wednesday. Reuters could not immediately confirm the report. The Justice Department and Huawei [HWT.UL] declined to comment to the Wall Street Journ...

16 Jan 8:50 PM 0 Read More...

U.S. lawmakers introduce bipartisan bills targeting China's Huawei and ZTE

WASHINGTON (Reuters) - A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd [HWT.UL], ZTE Corp or other Chinese telecommunications companies that violate U.S. sanctions or export control laws. Senator Tom Cotton and Representative Mike Gallagher, both Republicans, along with Senator Chris Van Hollen and Representativ...

16 Jan 7:00 PM 0 Read More...

IAC sues Tinder co-founder over business documents, escalating court fight

(Reuters) - Online dating company Match Group Inc (MTCH.O) and its owner IAC/InterActiveCorp (IAC.O) has filed a lawsuit accusing Sean Rad, a former employee known for co-founding the popular dating service Tinder, of secretly copying company files and other proprietary information. The lawsuit, filed in state court in Manhattan on Tuesday evening, came six months after Rad and other Tinder co-founders sued IAC, accu...

16 Jan 6:31 PM 0 Read More...

Firefly Aerospace is behind Florida rocket project: sources

CAPE CANAVERAL, Fla. (Reuters) - Firefly Aerospace Inc, a resurgent rocket company founded by a former SpaceX engineer, plans to build a factory and launch site at Florida’s Cape Canaveral Spaceport in a $52 million deal, people familiar with the project said on Wednesday. The Firefly project is strategically important for the Cedar Park, Texas-based startup as it competes with several other new entrants vying to ...

16 Jan 6:08 PM 0 Read More...