Technology News

Google blocks Chinese app TikTok in India after court order

NEW DELHI (Reuters) - Google has blocked access to the hugely popular video app TikTok in India to comply with a state court’s directive to prohibit its downloads, a person with direct knowledge of the matter told Reuters on Tuesday. The move comes hours after a court in southern Tamil Nadu state refused a request by China’s Bytedance Technology to suspend a ban on its TikTok app, putting its future in one of its...

16 Apr 5:35 PM 0 Read More...

AI Robot paints its own moonscapes in traditional Chinese style

LONDON (Reuters) - A Hong Kong artist has created an artificial intelligence (AI) robot which creates its own paintings. Victor Wong took three years to build and program the robot called A.I Gemini and teach it artistic techniques. Randomness has been written into its algorithm, meaning Wong does not know what it will paint before it begins.  The project is called ‘Far Side of the Moon’. The robot’s AI was ...

16 Apr 5:18 PM 0 Read More...

Netflix surges ahead of quarterly results report; Disney in focus

SAN FRANCISCO (Reuters) - Shares of Netflix jumped 3 percent on Tuesday ahead of the streaming video service’s quarterly results, with traders expecting a larger than normal reaction from the stock as new competition looms from Walt Disney Co. Netflix will be the first to report March-quarter earnings among major high-growth firms and Wall Street’s reaction to its results will be viewed as an indicator of what to...

16 Apr 5:01 PM 0 Read More...

Twitter suspends 100k accounts for creating new ones after suspension

(Reuters) - Twitter Inc said on Tuesday it had suspended 100,000 accounts for creating new accounts after a suspension during January-March period, a 45 percent increase from last year. "Previously, we only reviewed potentially abusive Tweets if they were reported to us. We know that's not acceptable, so earlier this year we made it a priority to take a proactive approach to abuse in addition to relying on people's r...

16 Apr 5:00 PM 0 Read More...

AI-assisted stock trading venue plans to use the technology for bigger trades

NEW YORK (Reuters) - Imperative Execution, a startup electronic stock trading venue operator, has found early success using artificial intelligence (AI) to reduce price movements after trades, and now it plans to use the technology to help brokers get larger trades done. Imperative Execution runs IntelligentCross, a trading platform known as an alternative trading system (ATS) that was launched in September and in t...

16 Apr 4:48 PM 0 Read More...

Indian court refuses to suspend ban order on Chinese app TikTok

NEW DELHI (Reuters) - An Indian court on Tuesday refused a request by China’s Bytedance Technology to suspend a ban on its popular video app TikTok, a lawyer involved in the case said, putting the app’s future in one of its key markets in doubt. TikTok, which allows users to create and share short videos with special effects, has become hugely popular in India but has been criticized by some politicians who say i...

16 Apr 2:24 PM 0 Read More...

Amazon to crunch data for Chilean stargazers amid Latam push

SANTIAGO (Reuters) - Amazon Web Services, a unit of Amazon.com Inc, said it will help astronomers in Chile crunch huge troves of data using its cloud computing services, a symbolically important step for the retail-to-entertainment giant as it looks to expand in Latin America. Amazon will store data and night-sky images gleaned from telescopes in Chile’s nearly cloudless Atacama desert, then offer researchers the t...

16 Apr 1:02 PM 0 Read More...

Tianhong, controlled by Jack Ma's Ant Financial, seeks diversification outside China

SHANGHAI (Reuters) - China’s Tianhong Asset Management Co, controlled by Jack Ma’s Ant Financial Group, is stepping up the expansion of its cross-border business as regulatory curbs check the growth of its giant Yu’e Bao fund at home, a senior executive said on Tuesday. Tianhong, which this month launched its first mutual fund targeting Hong Kong stocks, aims to roll out its maiden mutual fund product under the...

16 Apr 12:52 PM 0 Read More...

Italy's competition watchdog launches probe into five Amazon companies

MILAN (Reuters) - Italy’s antitrust authority said on Tuesday it had launched a probe into five Amazon companies for possible abuse of dominant market position in e-commerce and logistical services. It said the probe had been launched into Amazon Services Europe, Amazon Europe Core, Amazon EU, Amazon Italia Services and Amazon Italia Logistica. The competition watchdog claimed Amazon offered certain benefits to ...

16 Apr 11:56 AM 0 Read More...

India's Wipro misses fourth-quarter profit estimates

BENGALURU (Reuters) - Indian software services exporter Wipro Ltd missed analyst estimates for fourth-quarter profit on Tuesday, partly hurt by a rise in expenses and forecast weak growth at its biggest business segment. The Bengaluru-based company, which competes with larger rivals Tata Consultancy Services Ltd and Infosys Ltd, said it expected first quarter revenue from its IT services business to be in the range o...

16 Apr 11:48 AM 0 Read More...