Technology News

Fidelity allows clients to see digital currencies on its website

NEW YORK (Reuters) - Fidelity Investments Inc has started allowing clients to use its website to view their holdings of bitcoin and other cryptocurrencies held through digital wallet provider Coinbase, the company said on Wednesday. The initiative, previously tested with the Boston-based money manager's employees, is a rare example of an established financial services company warming up to cryptocurrencies. Starting...

09 Aug 4:06 AM 0 Read More...

Toshiba shares jump; sources say auditor seen signing off on results

TOKYO (Reuters) - Toshiba Corp's shares jumped more than 9 percent early on Wednesday after sources told Reuters the Japanese conglomerate's auditor was likely to sign off on its annual results. PricewaterhouseCoopers Aarata LLC will give a "qualified opinion" endorsing Toshiba's finances in the financial statement for the year ended in March, people with direct knowledge of the discussions told Reuters on Tuesday. T...

09 Aug 1:41 AM 0 Read More...

Google's firing of memo writer strikes nerve in Silicon Valley

SAN FRANCISCO (Reuters) - A Silicon Valley culture war pitting liberal-leaning tech firms against a small conservative cohort took on new intensity on Tuesday after Google fired a male engineer for a memo that decried the company's commitment to hiring women. Memo author James Damore, 28, received jeers, cheers and a couple of job offers, while the debate raged on social media and some tech firms took steps to preve...

09 Aug 1:38 AM 0 Read More...

HBO says probe of hack is ongoing

(Reuters) - HBO, the Time Warner Inc (TWX.N) cable network that broadcasts "Game of Thrones," confirmed on Tuesday that it was investigating a hack that it disclosed to employees 10 days ago. “The forensic review is ongoing," HBO said in an emailed statement, noting that it was working with cyber security experts and law enforcement. The hack came at a sensitive time for HBO, whose parent Time Warner is awaiting re...

08 Aug 8:35 PM 0 Read More...

U.S. to review Qualcomm's complaints about Apple iPhone patents

WASHINGTON/SAN FRANCISCO (Reuters) - U.S. trade officials have agreed to investigate Qualcomm Inc's allegations that Apple Inc infringed on patents with its iPhone7 and other devices, the U.S. International Trade Commission said on Tuesday. The ITC will make its decision "at the earliest practicable time" and will set a target date for completing its investigation within the next 45 days, the commission said in a sta...

08 Aug 8:27 PM 0 Read More...

Fired Google memo writer draws jeers, cheers and a job offer

SAN FRANCISCO/NEW YORK (Reuters) - The male Google engineer fired for circulating a memo decrying the company's diversity hiring program became the center of a heated debate on sexism, drawing scorn, cheers and even a job offer on Tuesday from WikiLeaks publisher Julian Assange. James Damore, 28, confirmed his dismissal from Alphabet Inc's Google on Monday, after he wrote a 10-page memo that said the company was host...

08 Aug 8:22 PM 0 Read More...

SoftBank invests $1 billion in sports e-commerce firm Fanatics: sources

SAN FRANCISCO (Reuters) - SoftBank Group Corp is investing $1 billion in Fanatics Inc as a part of a funding round that values the sports e-commerce company at $4.5 billion, according to sources familiar with the matter. The new funding is expected to close later this month, one of the people said, asking not to be named because the news was not yet public. Fanatics declined to comment and SoftBank could not immediat...

08 Aug 8:00 PM 0 Read More...

Artist targets Twitter with offline hate tweets

BERLIN (Reuters) - A German-Israeli artist who accuses Twitter of failing to delete hate speech tweets has taken matters into his own hands - by stencilling the offending messages on the road in front of the company's Hamburg headquarters. A post on video-sharing site YouTube showed Shahak Shapira and fellow activists stencilling tweets saying "Germany needs a final solution to Islam" and "Let's gas the Jews" - clear...

08 Aug 6:15 PM 0 Read More...

Fired Google memo writer draws scorn, cheers and a job offer

SAN FRANCISCO (Reuters) - The male Google engineer fired for circulating a memo decrying the company's diversity hiring program became the center of a heated debate on sexism, drawing scorn, cheers and even a job offer on Tuesday from WikiLeaks publisher Julian Assange. James Damore confirmed his dismissal from Alphabet Inc's Google on Monday, after he wrote a 10-page memo that the company was hostile to conservativ...

08 Aug 4:26 PM 0 Read More...

Uber considering sale of U.S. car-leasing business: source

(Reuters) - Ride-hailing company Uber [UBER.UL] is evaluating options for its capital-intensive U.S. car-leasing business, including a sale of the unit, a source familiar with the matter said. The Xchange Leasing business, which has about 40,000 vehicles and 14 showrooms in the United States, has attracted interest from some buyers who are considering buying it outright, according to the source. Other options include...

08 Aug 4:03 PM 0 Read More...