Technology News

China approves HP's $1.1 billion buy of Samsung's printer business with curbs

BEIJING (Reuters) - China said on Thursday it has approved HP Inc’s (HPQ.N) $1.1 billion purchase of Samsung Electronics’ (005930.KS) printer business with certain restrictions, citing concerns about the U.S. firm’s dominance of the domestic laser printer market. HP announced the deal in September 2016, hoping to disrupt the $55 billion copier market by focusing on multifunction printers and more deeply embeddi...

06 Oct 3:50 AM 0 Read More...

Russian hackers stole U.S. cyber secrets from NSA: media reports

WASHINGTON (Reuters) - Russian government-backed hackers stole highly classified U.S. cyber secrets in 2015 from the National Security Agency after a contractor put information on his home computer, two newspapers reported on Thursday. As reported first by The Wall Street Journal, citing unidentified sources, the theft included information on penetrating foreign computer networks and protecting against cyber attacks ...

06 Oct 12:17 AM 0 Read More...

Social media executives to testify Nov. 1 about Russia and U.S. election

WASHINGTON (Reuters) - Executives from Facebook Inc (FB.O), Twitter Inc (TWTR.N) and Alphabet Inc’s (GOOGL.O) Google have been asked to testify about Russian meddling in the 2016 U.S. election before a House of Representatives panel on Nov. 1, a congressional aide said on Thursday. Executives from the companies were already due to appear the same day before the Senate Intelligence Committee, which is also investig...

05 Oct 10:32 PM 0 Read More...

Netflix ups U.S. fees for first time since 2015

(Reuters) - Netflix Inc’s U.S. business announced the first rises in monthly fees in two years on Thursday, hiking costs for two of its three main subscription plans as it spends heavily on its own original content. The company's mid-range plan, which allows streaming on two devices at the same time, was increased to $10.99 per month from $9.99. nflx.it/2kpEiJk The top-tier plan, which allows streaming on four scre...

05 Oct 5:57 PM 0 Read More...

Netflix increases monthly subscription fees for two plans

(Reuters) - Netflix Inc has raised the monthly subscription fees for two out of its three main U.S. plans by $1 and $2 respectively, according to details published on the company’s subscription page on Thursday. The company's midrange plan, which allows streaming on two devices at the same time, was increased to $10.99 per month from $9.99, according to the details on the page. nflx.it/2kpEiJk The top-tier plan, wh...

05 Oct 3:01 PM 0 Read More...

London mayor welcomes Uber boss' humility after license loss

LONDON (Reuters) - London Mayor Sadiq Khan welcomed the humility shown by Uber’s [UBER.UL] chief executive after the city stripped the taxi app of its license to operate, but once again criticized the company’s London management on Thursday. Transport for London (TfL) shocked Uber last month by deeming it unfit to run a taxi service and refusing to renew its license, citing the firm’s approach to reporting ser...

05 Oct 11:28 AM 0 Read More...

Google launches new phones, speakers in hardware push

SAN FRANCISCO (Reuters) - Alphabet Inc’s Google (GOOGL.O) on Wednesday unveiled the second generation of its Pixel smartphone along with new voice-enabled home speakers, redoubling its commitment to the hardware business as it competes with a surge of devices from Apple Inc (AAPL.O) and Amazon.com Inc (AMZN.O). Google’s new products, including a Pixelbook laptop, wireless earbuds and a small GoPro-like camera, sh...

04 Oct 9:28 PM 0 Read More...

U.S. lawmakers to introduce bill to reform internet surveillance

(Reuters) - A bipartisan group of U.S. lawmakers unveiled legislation on Wednesday that would overhaul aspects of the National Security Agency’s warrantless internet surveillance program in an effort to install additional privacy protections. The bill, which will be formally introduced as soon as Thursday, is likely to revive debate in Washington over the balance between security and privacy, amid concerns among so...

04 Oct 8:26 PM 0 Read More...

Drive-in chain Sonic says payment cards possibly hacked

(Reuters) - U.S. fast-food chain operator Sonic Corp (SONC.O) said on Wednesday a malware attack at some of its drive-in outlets may have allowed hackers to access customers’ debit and credit card information, the latest in a string of data breaches. Sonic’s shares fell 2 percent to $24.73 in afternoon trading. The drive-in chain, which operates across 45 U.S. states, did not disclose how many store payment syste...

04 Oct 8:11 PM 0 Read More...

EU takes Ireland to court for not claiming Apple tax windfall

BRUSSELS (Reuters) - The European Commission said on Wednesday it was taking Ireland to the European Court of Justice for its failure to recover up to 13 billion euros ($15.3 billion) of tax due from Apple Inc (AAPL.O), a move labeled as “regrettable” by Dublin. The Commission ordered the U.S. tech giant in August 2016 to pay the unpaid taxes as it ruled the firm had received illegal state aid, one of a number of...

04 Oct 10:33 AM 0 Read More...