Technology News

SoftBank's Son confirms Walmart to acquire India's Flipkart

TOKYO (Reuters) - U.S. retail giant Walmart Inc (WMT.N) is acquiring Indian e-commerce player Flipkart, SoftBank Group (9984.T) chief executive Masayoshi Son said on Wednesday. FILE PHOTO: The logo of India's e-commerce firm Flipkart is seen on the company's office in Bengaluru, India April 12, 2018. REUTERS/Abhishek N. Chinnappa/File PhotoThe Walmart-Flipkart deal was sealed on Tuesday night, Japan Time, Son said on...

09 May 9:27 AM 0 Read More...

Vodafone to pay $21.8 billion for Liberty assets to boost European presence

LONDON (Reuters) - Vodafone (VOD.L) has agreed to pay $21.8 billion to buy Liberty Global’s (LBTYA.O) assets in Germany and eastern Europe to take on rivals with a broader range of superfast cable TV, broadband and mobile services. FILE PHOTO: FILE PHOTO: Branding hangs outside a Vodafone shop in Oxford, Britain, May 16, 2017. REUTERS/Toby MelvilleThe world’s second-largest mobile operator struck a deal with U.S....

09 May 9:25 AM 0 Read More...

Vodafone to pay $21.8 billion for Liberty assets to strengthen European presence

LONDON (Reuters) - Vodafone (VOD.L) has agreed to pay $21.8 billion to buy Liberty Global’s (LBTYA.O) assets in Germany, the Czech Republic, Hungary and Romania to take on rivals with a broader offer of superfast cable TV, broadband and mobile. FILE PHOTO: FILE PHOTO: Branding hangs outside a Vodafone shop in Oxford, Britain, May 16, 2017. REUTERS/Toby MelvilleThe world’s second-largest mobile operator had held r...

09 May 7:01 AM 0 Read More...

South Korean prosecutors raid LG's head office in tax probe

SEOUL (Reuters) - South Korean prosecutors have raided LG Group’s head office as part of a probe into alleged tax evasion by family members controlling the conglomerate, the prosecutors’ office said on Wednesday. A man walks past an LG logo at the Mobile World Congress in Barcelona, Spain, February 27, 2018. REUTERS/Sergio Perez Prosecutors are looking into possible evasion of capital gains tax worth about 10 bil...

09 May 5:01 AM 0 Read More...

Google eases tech stress with app controls, table-booking assistant

MOUNTAIN VIEW, Calif.(Reuters) - Google on Tuesday showed how its virtual assistant can now call restaurants and salons to book appointments, navigating complex conversations, as the Alphabet Inc (GOOGL.O) unit acknowledged that a technological onslaught was leaving users frazzled and needing a cure. Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, Californ...

08 May 9:15 PM 0 Read More...

Google's updated virtual assistant can book appointments

MOUNTAIN VIEW, Calif.(Reuters) - Alphabet Inc’s (GOOGL.O) Google on Tuesday showed off an updated virtual assistant that can call restaurants, hair salons and other businesses to check hours and make reservations, holding conversations on a user’s behalf. Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. REUTERS/Stephen Lam The ...

08 May 7:05 PM 0 Read More...

U.S. to reveal winners of drone program that has attracted top companies

(Reuters) - Major technology and aerospace companies including Amazon.com Inc (AMZN.O), Apple Inc (AAPL.O), Intel Corp (INTC.O), Qualcomm Inc (QCOM.O) and Airbus SE (AIR.PA) are vying to take part in a new slate of drone tests the United States is set to announce on Wednesday, people familiar with the matter told Reuters. FILE PHOTO: Intel CEO Brian Krzanich talks about the new Yuneec Typhoon H drone, which he said w...

08 May 7:04 PM 0 Read More...

Slack adds 1 million paying users amid increasing competition

SEATTLE (Reuters) - Slack Technologies Inc on Tuesday announced it has added another 1 million paid users as the company begins to face increased competition in the workplace collaboration software market. FILE PHOTO: The Slack messaging application is seen on a phone screen August 3, 2017. REUTERS/Thomas White/File Photo The San Francisco-based company, which competes directly with Microsoft Corp, said it now has ...

08 May 6:18 PM 0 Read More...

Uber to provide data support for NASA's urban air mobility program

(Reuters) - Uber Technologies Inc [UBER.UL] said on Tuesday it signed an agreement with U.S. space agency NASA to explore concepts and technologies needed for passenger and cargo air transportation within an urban area. The Uber logo is displayed on a screen during the Women In The World Summit in New York City, U.S., April 12, 2018. REUTERS/Brendan McDermidThis is Uber’s second agreement with the space agency. As ...

08 May 5:54 PM 0 Read More...

Exclusive: Walmart's grocery delivery partnerships with Uber, Lyft fail to take off

(Reuters) - Walmart Inc’s (WMT.N) online grocery delivery partnerships with ride-hailing services Uber and Lyft have ended, according to two sources, a potential setback for the retailer’s ambitions to challenge Amazon.com Inc (AMZN.O) head-on with speedy delivery of groceries to people’s homes. The end of the Walmart partnerships, which has not been previously reported and was confirmed by Walmart and Uber, un...

08 May 2:39 PM 0 Read More...