Technology News

Samsung denies any involvement in theft of supplier ASML's secrets

AMSTERDAM/SEOUL (Reuters) - South Korean electronics manufacturer Samsung on Wednesday denied any involvement in an intellectual property theft from supplier ASML. ASML last week disclosed that former employees took company secrets to U.S. software maker Xtal Inc., which filed for bankruptcy in December after losing a $223 million judgment to ASML over the matter. The Dutch semiconductor equipment maker’s chief exe...

17 Apr 3:04 PM 0 Read More...

Aeva signs sensor deal with Audi's self-driving unit

SAN FRANCISCO (Reuters) - Aeva Inc, a startup company founded by former Apple Inc and Nikon Corp engineers, has signed a sensor-system deal with an Audi-owned unit that is working on self-driving technology for Volkswagen AG. Aeva said on Wednesday that Audi’s AID-Autonomous Intelligent Driving unit, a “center of excellence” for Volkswagen autonomous driving efforts, will be using its lidar sensor on its so-cal...

17 Apr 2:55 PM 0 Read More...

Digital banking startup Aspiration seeks new funding round

NEW YORK (Reuters) - Aspiration, a digital banking startup that allows customers to choose whether to pay fees, is embarking on its largest ever fundraising round, its chief executive, Andrei Cherny, told Reuters. The Marina Del Rey, California-based company is seeking upwards of $200 million, which would value it at more than $1 billion, according to a person familiar with the fundraising plans. The final figure wil...

17 Apr 2:42 PM 0 Read More...

Foxconn's Gou throws hat in ring for Taiwan presidency, with blessing of sea goddess

TAIPEI (Reuters) - Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he will contest Taiwan’s 2020 presidential election, shaking up the political landscape at a time of heightened tension between the self-ruled island and Beijing. Gou, Taiwan’s richest person with a net worth of $7.6 billion according to Forbes, said he would join the already competitive race, and take part in the opposition, Chin...

17 Apr 2:37 PM 0 Read More...

Switzerland to monitor potential health risks posed by 5G networks

ZURICH (Reuters) - Switzerland will introduce a monitoring system to assuage concerns about the potential health impact of fifth-generation (5G) mobile frequency emissions and smooth the cutting-edge technology’s rollout, the government said on Wednesday. The cabinet agreed to have the federal environmental agency measure levels of so-called non-ionising radiation, assess the risks and regularly inform the public a...

17 Apr 1:40 PM 0 Read More...

Video app TikTok's India download ban worries wider tech industry

NEW DELHI/MUMBAI (Reuters) - An Indian ban on downloading TikTok, one of the world’s most popular mobile applications, has heightened industry worries that technology companies could now face increased scrutiny and regulatory challenges in one of their most important markets. TikTok, which allows users to create and share videos with special effects, has become a sensation in India, where it has been downloaded by...

17 Apr 1:38 PM 0 Read More...

Israeli AI-for-radiology startup Aidoc raises $27 million

TEL AVIV (Reuters) - Israel’s Aidoc, which provides artificial intelligence tools for radiologists, said on Wednesday it raised $27 million, bringing its total funding to $40 million. The funding round, led by venture capital firm Square Peg Capital, will be used to grow Aidoc’s technology and marketing team. Its technology is in use at over 100 medical centers. “Our aim is to reach 500 hospitals in the next tw...

17 Apr 1:05 PM 0 Read More...

T-Mobile, Comcast launch anti-robocalling feature, claim industry's first

NEW YORK (Reuters) - T-Mobile said on Wednesday it has launched a call protection feature with Comcast Corp to help protect customers from answering robocalls and spams, as robocalls have swollen into a tide numbering in the millions every day. Robocalls, automated telephone calls that deliver a recorded message, typically on behalf of a political party or telemarketing company, are on the rise. T-Mobile said its new...

17 Apr 1:03 PM 0 Read More...

EU unfair practices digital rules put spotlight on Google, Amazon, Facebook

STRASBOURG (Reuters) - Google and Amazon will have to tell companies how they rank products on their platforms while Facebook and other tech firms will have to be more transparent about their terms and conditions under new EU rules approved on Wednesday. The platform-to-business (P2B) law, proposed by the European Commission in April last year, is the latest move by Europe to rein in online giants and ensure they tre...

17 Apr 12:39 PM 0 Read More...

Huawei CEO offered Berlin no-spy deal to soften 5G concerns: Wirtschaftswoche

BERLIN (Reuters) - China’s Huawei offered Berlin a “no-spy agreement” to address security concerns over the Chinese company’s involvement in building Germany’s next-generation 5G mobile infrastructure, a German magazine said on Wednesday. “Last month, we talked to the German Interior Ministry and said that we were ready to sign a no-spy agreement with the German government and to promise that Huawei will...

17 Apr 12:30 PM 0 Read More...