Technology News

ARM Holdings to invest $1.4 billion-plus on Sichuan project: Xinhua

BEIJING (Reuters) - Chip design company ARM Holdings’ Chinese subsidiary has signed an agreement with southwestern Sichuan province for a more than 10 billion yuan ($1.4 billion) research and development project, the official Xinhua news agency reported on Tuesday. ARM, owned by Japan’s Softbank Group, will build a new complex on a site of about 200,000 square meters for microchip research and development, the r...

13 Nov 10:55 AM 0 Read More...

Amazon to pick NYC, Northern Virginia for split 'HQ2': source

WASHINGTON (Reuters) - Amazon.com Inc (AMZN.O) will on Tuesday announce it has selected New York and Northern Virginia for its second headquarters, a source told Reuters, ending a more than year-long contest that has seen frenzied bidding from locales across North America. Amazon’s plan to split its second headquarters, dubbed “HQ2”, evenly between two cities will boost its presence around New York and the nati...

13 Nov 10:06 AM 0 Read More...

Amazon to pick NYC, Northern Virginia for split "HQ2": source

WASHINGTON (Reuters) - Amazon.com Inc (AMZN.O) will on Tuesday announce it has selected New York and Northern Virginia for its second headquarters, a source told Reuters, ending a more than year-long contest that has seen frenzied bidding from locales across North America. Amazon’s plan to split its second headquarters, dubbed “HQ2”, evenly between two cities will boost its presence around New York and the nati...

13 Nov 7:12 AM 0 Read More...

China scours social media, erases thousands of accounts

BEIJING (Reuters) - China’s top cyber authority has scrubbed 9,800 social media accounts of independent news providers deemed to have posted sensational, vulgar or politically harmful content on the Internet, it said late on Monday. China’s strict online censorship rules have tightened in recent years with new legislation to restrict media outlets, surveillance measures for media sites and rolling campaigns to r...

13 Nov 4:12 AM 0 Read More...

Amazon picks NYC and Northern Virginia for its split 'HQ2': WSJ

(Reuters) - Amazon.com Inc (AMZN.O) could announce as early as Tuesday that it has selected New York City and Northern Virginia to be the sites for its second and third headquarters, the Wall Street Journal reported on.wsj.com/2RQ2T5P on Monday. Other cities may also receive major sites as part of Amazon’s decision that would end a more-than-year-long contest that started with 238 candidates and ended with a surpri...

13 Nov 3:31 AM 0 Read More...

Trade war and censors blow chill wind through China's giant tech scene

BEIJING (Reuters) - Wang Miaoyi’s small one-bedroom apartment, which doubles as her design studio, is overflowing with game magazines, figurines and boxes of sci-fi novels. The 30-year old game developer is a child of the county’s tech boom: she studied at one of China’s top universities and her company hit it big with an award-winning game that was published on Nintendo’s Switch console and the PC gaming pla...

12 Nov 11:09 PM 0 Read More...

Apple shares drop on iPhone suppliers' warnings

(Reuters) - Apple Inc (AAPL.O) shares fell to their lowest in more than three months on Monday as three suppliers issued warnings on results that pointed to weakness in iPhone sales. The Cupertino, California company’s signature product has become pricier with every new launch and analysts say that consumers, especially in emerging markets such as India, are ditching them for cheaper alternatives like those offered...

12 Nov 7:23 PM 0 Read More...

French car-pool app Blablacar branching into bus lines

PARIS (Reuters) - French car ride-sharing app Blablacar said on Monday it had offered to buy Ouibus, a bus operator owned by state rail firm SNCF, in the first major departure from its digital business model toward building a broader transport company. Blablacar did not disclose financial terms but said it had also raised 101 million euros ($114 million) in funding from investors including SNCF, which will become a ...

12 Nov 6:34 PM 0 Read More...

VW could build up to 50 million electric cars: Automotive News

FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) could build up to 50 million electric cars on its new electric vehicle platform and is looking at expanding its manufacturing footprint in the United States, Chief Executive Herbert Diess told Automotive News. “We set up the plant in Chattanooga always with the idea to be able to grow it, to mirror it,” Diess was quoted as saying. “The plant is still too small, and w...

12 Nov 5:29 PM 0 Read More...

France to 'embed' regulators at Facebook to combat hate speech

PARIS (Reuters) - Facebook (FB.O) will allow French regulators to “embed” inside the company to examine how it combats online hate speech, the first time the wary tech giant has opened its doors in such a way, President Emmanuel Macron said on Monday. From January, Macron’s administration will send a small team of senior civil servants to the company for six months to verify Facebook’s goodwill and determine ...

12 Nov 4:48 PM 0 Read More...