Technology News

India's telecom regulator recommends stricter data security rules

(Reuters) - India’s telecom regulator on Monday said the existing framework for protection of personal data by companies and service providers was insufficient and recommended stricter rules to tackle data breaches. The Telecom Regulatory Authority of India (TRAI) also said entities controlling and processing user data do not have primary rights over that data. The recommendations on privacy, security and ownership...

16 Jul 2:47 PM 0 Read More...

Salesforce agrees to acquire Datorama

JERUSALEM (Reuters) - U.S. sales and marketing software company Salesforce (CRM.N) said on Monday it signed an agreement to acquire Datorama, an Israeli cloud-based artificial intelligence marketing platform. FILE PHOTO: The Salesforce logo is pictured on a building in San Francisco, California, U.S. October 12, 2016. REUTERS/Lily JamaliTerms of the deal were not disclosed but Israeli media reported it was worth more...

16 Jul 2:12 PM 0 Read More...

BlackRock is evaluating cryptocurrencies, CEO says

NEW YORK (Reuters) - BlackRock Inc (BLK.N) Chief Executive Larry Fink on Monday said the world’s largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies, such as bitcoin, but cautioned he does not see massive investor demand. FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8...

16 Jul 2:05 PM 0 Read More...

Global regulators start monitoring crypto assets

LONDON (Reuters) - Global regulators have published a framework for "vigilantly" monitoring risks from crypto assets like bitcoin BTC=BTSP and ether, even though they don't pose a major risk to financial stability for now. FILE PHOTO: Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 13, 2018. REUTERS/Dado Ruvic/File Pho...

16 Jul 9:58 AM 0 Read More...

Power to the drones: utilities place bets on robots

MILAN/FRANKFURT (Reuters) - Flying robots that can travel dozens of kilometers without stopping could be the next big thing for power companies. Workers operate a drone to survey high-voltage power lines of electric company Westnetz near Wilnsdorf, Germany, July 11, 2018. REUTERS/Ralph OrlowskiUtilities in Europe are looking to long-distance drones to scour thousands of miles of grids for damage and leaks in an atte...

16 Jul 8:44 AM 0 Read More...

ZTE stock surges as U.S. supplier ban lifted though outlook remains uncertain

HONG KONG (Reuters) - Investors on Monday cheered the lifting of a U.S. supplier ban on China’s ZTE Corp (0763.HK), pushing its shares up 17 percent, though analysts cautioned the telecommunications equipment maker still faced many challenges as it works to revive its business. FILE PHOTO: A ZTE smart phone is pictured in this illustration taken April 17, 2018. REUTERS/Carlo Allegri/Illustration/File PhotoThe U.S...

16 Jul 5:31 AM 0 Read More...

China's ZTE shares soar after U.S. lifts supplier ban

HONG KONG (Reuters) - Shares of China’s ZTE Corp surged more than 12 percent in Hong Kong on Monday after the United States lifted a ban on American companies selling parts to the telecommunications equipment maker that had crippled its business. FILE PHOTO: A ZTE smart phone is pictured in this illustration taken April 17, 2018. REUTERS/Carlo Allegri/Illustration/File PhotoThe U.S. Commerce Department removed th...

16 Jul 2:39 AM 0 Read More...

China auto firms to set up ride-sharing platform

SHANGHAI (Reuters) - Chinese firms FAW Group, Dongfeng Automobile and Chongqing Changan Automobile have set up a venture to establish a ride-sharing platform, Changan said on Saturday, creating the kind of service pioneered by Uber. “The three major car companies have joined forces to enter the field of shared travel, which provides an opportunity to transform traditional car enterprises,” a notice posted by Chan...

14 Jul 11:41 AM 0 Read More...

Cisco sinks on report Amazon wading into networking equipment

(Reuters) - Shares of Cisco Systems Inc and other network equipment makers fell on Friday after a report that Amazon.com Inc’s cloud services business was considering selling its own network switches to business customers at much lower prices. FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo Cisco’s shares were down...

13 Jul 8:23 PM 0 Read More...

Facebook, Twitter, Alphabet to testify at U.S. House hearing

WASHINGTON (Reuters) - The U.S. House Judiciary Committee on Tuesday will hold a hearing to take testimony from Facebook Inc, Alphabet Inc’s YouTube unit and Twitter Inc on whether social media companies are filtering content for political reasons, the committee chairman said. FILE PHOTO: A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. ...

13 Jul 7:26 PM 0 Read More...